Cover image via U.Today

封面圖片來自 U.Today

In a recent tweet, crypto analyst Ali predicts an epic breakout scenario for the first and largest dog-themed cryptocurrency by market capitalization, Dogecoin (DOGE).

在最近的一條推文中，加密貨幣分析師阿里預測，第一個也是市值最大的以狗為主題的加密貨幣——狗狗幣（DOGE）將出現史詩般的突破。

Dogecoin experienced lackluster price activity in April, closing the month down 40%. May has also kicked off with a slow start for the dog coin, with its price down 3.39% so far. The current Dogecoin price activity has piqued the interest of traders and analysts, with many eagerly watching its movements to see what happens next.

狗狗幣 4 月的價格活動平淡，當月收盤下跌 40%。 5月狗幣的開局也緩慢，迄今其價格已下跌3.39%。目前的狗狗幣價格活動激起了交易員和分析師的興趣，許多人急切地關注其走勢，看看接下來會發生什麼。

According to crypto analyst Ali, Dogecoin's price fall is typical of its behavior before major bull runs. Furthermore, Dogecoin's current 47% fall could be a healthy retracement, paving the way for a potential bull run amid a breakout from a descending triangle pattern.

根據加密貨幣分析師阿里的說法，狗狗幣的價格下跌是其在大牛市之前的典型行為。此外，狗狗幣目前 47% 的跌幅可能是一次健康的回調，為突破下降三角形模式後的潛在多頭市場鋪平道路。

The ongoing #Dogecoin price correction is part of its usual behavior before massive bull runs! Let's dive in 👇— Ali (@ali_charts) May 1, 2024

正在進行的 #Dogecoin 價格調整是大規模牛市之前的正常行為的一部分！讓我們深入了解 👇— Ali (@ali_charts) 2024 年 5 月 1 日

The descending triangle pattern, characterized by lower highs and horizontal support levels, usually signals a period of consolidation followed by a breakout. Given Dogecoin's history, the breakout from this pattern could be especially noteworthy.

下降三角形形態的特徵是較低的高點和水平支撐位，通常預示著一段時期的盤整，然後是突破。考慮到狗狗幣的歷史，這種模式的突破可能特別值得注意。

Ali cites examples to bring home his point. In 2017, DOGE broke out of a descending triangle. Afterward, the price retraced by 40% before entering a 982% bull run. Similarly, in 2021, Dogecoin broke out of a descending triangle and then retraced by 56% before rising by a massive 12,197%.

阿里舉了一些例子來闡明他的觀點。 2017年，DOGE突破了下降三角形。隨後，價格回撤 40%，然後進入 982% 的多頭市場。同樣，狗狗幣在 2021 年突破了下降三角形，然後回調了 56%，然後大幅上漲 12,197%。

Fast forward to 2024, and Dogecoin has once again broken out of a descending triangle and is currently experiencing a 47% price correction, much like past cycles.

快進到 2024 年，狗狗幣再次突破下降三角形，目前正在經歷 47%​​ 的價格調整，就像過去的週期一樣。

With DOGE breaking out of a descending triangle pattern and undergoing a significant correction, the stage might be set for a potential bull run, propelling the dog coin to new highs.

隨著狗狗幣突破下降三角形並經歷重大調整，可能會為潛在的多頭市場奠定基礎，將狗狗幣推向新高。

However, as with any prediction on the cryptocurrency market, there are no guarantees, and past performance does not guarantee future outcomes. Whether Dogecoin will soar to new highs or not remains to be seen.

然而，與對加密貨幣市場的任何預測一樣，沒有任何保證，過去的表現並不能保證未來的結果。狗狗幣是否會飆升至新高還有待觀察。

At the time of writing, Dogecoin was up 2.93% in the last 24 hours to $0.128, mirroring the general market rebound after a slump at the start of May.

截至撰寫本文時，狗狗幣在過去 24 小時內上漲 2.93%，至 0.128 美元，反映了 5 月初暴跌後的整體市場反彈。