Dogecoin Price Correction Continues

狗狗幣價格調整仍在繼續

Since July 27th, Dogecoin's price has experienced a sustained downtrend, resulting in a nearly 16% market value loss. This decline shows no signs of abating.

自7月27日以來，狗狗幣價格出現持續下跌趨勢，導致市值損失近16%。這種下降沒有顯示出減弱的跡象。

August Performance and Historical Trends

八月表現及歷史趨勢

Despite the recent drawdown, Dogecoin's performance in August has been consistent with historical trends. The average Q3 price change for the past decade is 1.55%, with a median of -7.14%. August typically yields an average return of 0.28% and a median of -5.23%.

儘管最近有所回落，但狗狗幣 8 月的表現仍符合歷史趨勢。過去十年第三季平均價格變動為1.55%，中位數為-7.14%。 8 月的平均回報率為 0.28%，中位數為 -5.23%。

Buy-the-Dip Opportunity

逢低買入機會

On-chain data supports the "buy the dip" strategy. A buy signal for DOGE in early July remains valid, indicating a potential reversal. Furthermore, the 365-day Market Value to Realized Value (MVRV) dipped to -21% in July, suggesting that buyers from the past year are in a loss position. Historically, MVRV values between -15% and -30% have been favorable accumulation points, leading to price recoveries and rallies.

鏈上數據支持「逢低買進」策略。 7 月初 DOGE 的買進訊號仍然有效，顯示可能出現逆轉。此外，7 月 365 天市場價值與已實現價值 (MVRV) 跌至 -21%，顯示過去一年的買家處於虧損狀態。從歷史上看，-15% 至 -30% 之間的 MVRV 值一直是有利的累積點，導致價格復甦和反彈。

Technical Outlook

技術展望

From a technical perspective, the current downtrend is expected to cease around the $0.107 and $0.113 support zone. If buyers enter at this level, it could trigger a significant uptrend.

從技術角度來看，當前的下跌趨勢預計將在 0.107 美元和 0.113 美元支撐區域附近停止。如果買家在此水準進入，可能會引發顯著的上升趨勢。