Dogecoin, the popular meme-inspired cryptocurrency, has seen its price decline significantly in recent weeks. The self-proclaimed “fun and friendly internet currency” is down over 75% from its all-time high of $0.73 in May 2021. This prolonged crash begs the question – what’s causing the Dogecoin downturn?
狗狗幣是一種流行的受模因啟發的加密貨幣，最近幾週其價格大幅下跌。這種自稱為「有趣且友善的網路貨幣」的價格較2021 年5 月的歷史高點0.73 美元下跌了75% 以上。這種長期的崩盤引出了一個問題——是什麼導致了狗狗幣的低迷？
According to crypto analyst Rekt Capital, Dogecoin is still trading below the key support level of $0.06 which has now become resistance. This indicates bearish sentiment and lack of buying pressure.
據加密貨幣分析師 Rekt Capital 稱，狗狗幣的交易價格仍低於 0.06 美元的關鍵支撐位，該支撐位現已成為阻力位。這顯示看跌情緒和缺乏購買壓力。
Rekt Capital points out that the potential bullish divergence signaled by the RSI earlier is also no longer valid. This divergence would have suggested gathering upside momentum despite the downtrend. However, Dogecoin’s failure to reclaim the previous lower low support level has invalidated this bullish signal.
Rekt Capital 指出，RSI 早期發出的潛在看漲背離訊號也不再有效。這種背離表明，儘管處於下降趨勢，但上行勢頭仍在增強。然而，狗狗幣未能收復先前較低的支撐位，使得這一看漲訊號失效。
Source: Rekt Capital
來源：Rekt資本
Overall, Rekt Capital notes that macro conditions haven’t changed much for Dogecoin – it continues to consolidate near the bottom of its trading channel. Unlike previous cycles, the meme coin has so far failed to rebound strongly off the channel bottom at around $0.05.
總體而言，Rekt Capital 指出，狗狗幣的宏觀狀況並未發生太大變化——它繼續在其交易通道底部附近盤整。與之前的周期不同，Meme 幣迄今未能從 0.05 美元左右的通道底部強勁反彈。
This lack of bullish momentum is concerning for Dogecoin holders. Without a strong catalyst like Elon Musk tweets which pumped Dogecoin earlier, the meme coin seems unable to reverse its downtrend.
缺乏看漲動力令狗狗幣持有者感到擔憂。如果沒有伊隆馬斯克(Elon Musk)早些時候推特推文那樣的強大催化劑，狗狗幣似乎無法扭轉其下跌趨勢。
Fundamentally, Dogecoin also lacks active development and real-world utility compared to more promising blockchain projects. This casts doubt on its long-term viability beyond being a speculative asset.
從根本上說，與更有前景的區塊鏈項目相比，狗狗幣還缺乏積極的開發和現實世界的實用性。這讓人對其作為投機資產之外的長期生存能力產生懷疑。
In conclusion, Dogecoin’s extended crash can be attributed to bearish sentiment, lack of buying support and fundamentals. Without a major reversal, the meme coin king’s troubles look set to continue. Investors may want to look beyond hype-driven assets in the current crypto winter.
總之，狗狗幣的長期暴跌可歸因於看跌情緒、缺乏購買支援和基本面。如果沒有重大逆轉，模因幣王的麻煩似乎還會繼續。在當前的加密貨幣冬季，投資者可能希望超越炒作驅動的資產。
Also read – Dogecoin (DOGE) Price Can Reach $1 According to Crypto Analyst, but There’s a Big Catch
另請閱讀 – 根據加密貨幣分析師的說法，狗狗幣 (DOGE) 的價格可能達到 1 美元，但有一個大問題
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The post Dogecoin Price Crash: Here’s Why the Meme Coin King is Struggling – Expert appeared first on CaptainAltcoin.
狗狗幣價格暴跌後：這就是 Meme 幣王苦苦掙扎的原因 - 專家首先出現在 CaptainAltcoin 上。
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