Dogecoin (DOGE) has been dancing around a critical price point that has served as a robust support level since Aug. 18. Currently, the asset is priced at approximately $0.0605, according to the most recent data. This level has been a sanctuary for DOGE, successfully bouncing off it four times. Now, the asset is poised for a fifth bounce, and the crypto community is watching closely.

狗狗幣 (DOGE) 一直圍繞著一個關鍵價格點波動，該價格點自 8 月 18 日以來一直是強勁的支撐位。根據最新數據，目前資產的價格約為 0.0605 美元。這個關卡一直是 DOGE 的避難所，曾經四次成功反彈。現在，該資產預計將第五次反彈，加密貨幣社群正在密切關注。

The $0.06 price level is more than just a number; it is a psychological threshold for investors and traders alike. Each time DOGE has dipped to this level, it has managed to rebound, instilling a sense of reliability around this price point. The question now is, can it hold for the fifth time?

0.06 美元的價格水準不僅僅是一個數字；它是一個數字。對投資者和交易者來說，這是一個心理門檻。每次 DOGE 跌至這個水平時，它都會成功反彈，在這個價格點周圍灌輸一種可靠感。現在的問題是，第五次還能堅持嗎？

來源：TradingView

Recent data shows consistent trading volume and network activity for Dogecoin, which could be indicative of a strong support level. The asset's ability to maintain this price level could serve as a catalyst for future price movements, either propelling it to new heights or confirming its stability.

最近的數據顯示狗狗幣的交易量和網路活動保持一致，這可能表明存在強大的支撐位。該資產維持這一價格水平的能力可以作為未來價格走勢的催化劑，要么將其推向新的高度，要么確認其穩定性。

However, it is essential to note that the crypto market is highly volatile, and while past performance can be indicative, it is not a guarantee of future results. Therefore, investors should exercise caution and conduct their own due diligence before making any investment decisions.

然而，必須注意的是，加密貨幣市場波動性很大，雖然過去的表現可以具有指示性，但並不能保證未來的結果。因此，投資者在做出任何投資決定之前應謹慎行事並進行盡職調查。

Harbinger of volatility

波動的預兆

As of the latest data, Ethereum is trading at approximately $1,591.46, while Bitcoin stands at $26,227. This shift in the ETHBTC pair is more than just a market quirk — it serves as a volatility indicator, signaling broader market trends.

截至最新數據，以太坊交易價格約為 1,591.46 美元，而比特幣交易價格為 26,227 美元。 ETHBTC 貨幣對的這種轉變不僅僅是市場的一個現象——它也是一個波動性指標，預示著更廣泛的市場趨勢。

The ETHBTC pair is often viewed as a barometer for the crypto market's volatility. When Ethereum gains against Bitcoin, it is usually a sign that alternative assets and decentralized finance (DeFi) platforms are experiencing growth. This, in turn, often leads to increased market volatility as traders and investors shift their focus and resources.

ETHBTC 貨幣對通常被視為加密貨幣市場波動性的晴雨表。當以太坊相對於比特幣上漲時，通常表示另類資產和去中心化金融（DeFi）平台正在經歷成長。隨著交易者和投資者轉移注意力和資源，這往往會導致市場波動加劇。

Why is this pair a volatility indicator? Simply put, Bitcoin is the original cryptocurrency, the "gold standard," if you will. When other assets, particularly Ethereum, start to gain against Bitcoin, it indicates a diversification of interest and investment. This diversification is often a precursor to higher volatility as it shows that the market is not just Bitcoin-centric anymore. The rise of DeFi platforms, most of which are built on the Ethereum blockchain, adds another layer to this narrative.

為什麼該貨幣對是波動性指標？簡而言之，比特幣是最初的加密貨幣，如果你願意的話，可以說是「黃金標準」。當其他資產，特別是以太坊開始相對於比特幣上漲時，這表明興趣和投資的多元化。這種多元化往往是波動性上升的前兆，因為它表明市場不再僅僅以比特幣為中心。大部分 DeFi 平台都建立在以太坊區塊鏈上，其興起為此敘述增添了另一層內容。

The recent uptick in Ethereum's price against Bitcoin suggests that we might be entering a phase of increased market volatility. It is a sign that traders and investors are looking beyond Bitcoin, exploring alternative assets that offer different kinds of value and utility. This is particularly important for Ethereum, which is at the heart of the booming DeFi sector.

最近以太坊相對於比特幣的價格上漲表明我們可能正在進入市場波動加劇的階段。這表明交易者和投資者正在超越比特幣，探索提供不同價值和效用的替代資產。這對以太坊來說尤其重要，它是蓬勃發展的 DeFi 領域的核心。

Shiba Inu stumbles

柴犬絆倒

Shiba Inu, the meme coin that took the crypto world by storm, is now facing a critical juncture. The asset has recently dipped below the lower boundary of its ascending price trend, a move that could potentially accelerate its overall decline. As of the latest data, SHIB is trading at approximately $0.00000722, a concerning figure for investors who have been riding its uptrend.

Shiba Inu，風靡加密世界的迷因幣，現在正面臨著一個關鍵時刻。該資產最近已跌破其上漲價格趨勢的下限，此舉可能會加速其整體下跌。截至最新數據，SHIB 的交易價格約為 0.00000722 美元，對於一直在上漲趨勢中的投資者來說，這是一個令人擔憂的數字。

The descending shift in Shiba Inu's price is not an isolated event; it is part of a broader pattern. Network activity and trading volume for SHIB have been on a downward trajectory, signaling waning interest or perhaps a consolidation phase before another price action. Either way, the asset's inability to maintain above this crucial threshold is a red flag for short-term bullish prospects.

柴犬價格的下降並不是孤立的事件；它是更廣泛模式的一部分。 SHIB 的網路活動和交易量一直呈下降趨勢，顯示興趣減弱，或者可能是另一次價格走勢之前的盤整階段。無論哪種方式，該資產無法維持在這一關鍵閾值之上，都是短期看漲前景的危險信號。

Analyzing the price dynamics, it is evident that Shiba Inu is struggling to find solid footing. The asset's fall below the lower border of its ascending trend could act as a catalyst for further depreciation. This is a classic case where breaking a key support level can trigger a cascade of sell orders, pushing the price even lower.

分析價格動態，很明顯柴犬正在努力尋找穩固的立足點。該資產跌破其上升趨勢的下限可能會成為進一步貶值的催化劑。這是一個典型的案例，突破關鍵支撐位可能會觸發一連串的賣單，從而將價格壓得更低。

The situation is further exacerbated by decreasing network activity. A vibrant network is often a sign of an asset's health and potential for growth. In contrast, declining network activity usually indicates reduced investor interest, which can be a precursor to a price drop.

網路活動的減少進一步加劇了這種情況。充滿活力的網路通常是資產健康狀況和成長潛力的標誌。相反，網路活動下降通常表示投資者興趣下降，這可能是價格下跌的先兆。