Dogecoin Faces Continued Bearish Pressure

狗狗幣面臨持續的看跌壓力

Dogecoin's recent sharp decline has pushed it below the critical psychological level of $0.10. This decline has been accompanied by extremely low trading volumes, casting doubt on the asset's near-term recovery prospects.

狗狗幣最近的大幅下跌已使其跌破 0.10 美元的關鍵心理水平。這種下跌伴隨著極低的交易量，讓人對該資產的近期復甦前景產生懷疑。

The accompanying chart indicates that Dogecoin's price is trending lower, with a bearish crossover between the 200-day and 50-day Exponential Moving Averages (EMAs) approaching.

附圖顯示，狗狗幣的價格呈現走低趨勢，200 天和 50 天指數移動平均線 (EMA) 之間的看跌交叉即將到來。

This crossover, known as the "death cross," often signals a more severe correction. It is concerning that DOGE has failed to find support at the $0.10 level, which has historically provided support for the asset.

這種交叉被稱為“死亡交叉”，通常預示著更嚴重的調整。令人擔憂的是，DOGE 未能在 0.10 美元的水平上找到支撐，而該水平歷來為該資產提供了支撐。

The most worrying factor at this point is the lack of volume. Declining volume often indicates that sellers are becoming exhausted and a reversal is possible. However, in the case of Dogecoin, the lack of buying support suggests that traders and investors may not be inclined to drive the price higher.

目前最令人擔憂的因素是成交量不足。成交量下降通常表示賣家已經精疲力盡，並且可能出現逆轉。然而，就狗狗幣而言，缺乏購買支持表明交易者和投資者可能不願意推高價格。

In the absence of significant inflows, the price is likely to continue its downward trajectory or remain stagnant in the lower price range. Moreover, Dogecoin is not receiving any support from the broader market environment.

在沒有大量資金流入的情況下，價格可能會繼續下行或在較低價格範圍內停滯不前。此外，狗狗幣也沒有得到更廣泛市場環境的任何支持。

As a highly speculative asset, Dogecoin is unlikely to outperform the overall market in the absence of a surge in hype or external catalysts such as celebrity endorsements.

作為一種高度投機性的資產，在沒有炒作或名人代言等外部催化劑的情況下，狗狗幣不太可能會跑贏整體市場。

In summary, Dogecoin's technical indicators point to the possibility of further downside pressure. The impending death cross between the 50-day and 200-day EMA signals an extended bearish phase. The breakdown of the $0.10 barrier, which was seen as crucial for maintaining bullish sentiment, is a significant concern.

綜上所述，狗狗幣的技術指標顯示有進一步下行壓力的可能性。 50 日均線和 200 日均線之間即將出現的死亡交叉標誌著看跌階段的延長。 0.10 美元關卡的突破被視為維持看漲情緒的關鍵，這是一個重大擔憂。