Dogecoin and Shiba Inu: Price Declines Amidst Crypto Market Downtrend

狗狗幣和柴犬：加密貨幣市場下行趨勢中價格下跌

Uncertainty and Volatility in the Cryptocurrency Market

加密貨幣市場的不確定性與波動性

This week, Dogecoin (DOGE) and Shiba Inu (SHIB) experienced significant price declines of over 10%. The downtrend can be attributed to macroeconomic factors that have raised concerns among investors.

本週，狗狗幣 (DOGE) 和柴犬 (SHIB) 的價格大幅下跌超過 10%。下跌趨勢可歸因於引發投資者擔憂的宏觀經濟因素。

Impact of the US Federal Reserve's Stance

聯準會立場的影響

The release of Consumer Price Index (CPI) inflation data below expectations initially boosted the crypto market. However, subsequent hawkish remarks by Federal Reserve Chair Jerome Powell cast a shadow of doubt. He indicated that the Fed was not yet inclined to cut interest rates.

低於預期的消費者物價指數（CPI）通膨數據的發布最初提振了加密貨幣市場。然而，聯準會主席鮑威爾隨後的鷹派言論卻蒙上了疑慮。他表示，聯準會目前還沒有降息的傾向。

This stance dampened investor confidence in risk assets, including cryptocurrencies. Led by Bitcoin, the crypto market witnessed a sharp correction following Powell's speech. As a result, Dogecoin and Shiba Inu, being speculative assets, bore the brunt of the sell-off.

這一立場削弱了投資者對包括加密貨幣在內的風險資產的信心。鮑威爾講話後，以比特幣為首的加密貨幣市場大幅回檔。因此，狗狗幣和柴犬作為投機資產，首當其衝受到拋售。

Correlation with Bitcoin

與比特幣的相關性

Data from IntoTheBlock suggests that meme coins like Dogecoin and Shiba Inu remain highly correlated with Bitcoin's price movements. Therefore, their decline was largely influenced by Bitcoin's downward trajectory.

來自 IntoTheBlock 的數據表明，像狗狗幣和柴犬這樣的迷因幣仍然與比特幣的價格走勢高度相關。因此，它們的下跌很大程度上受到了比特幣下跌軌跡的影響。

Shiba Inu's Sell Pressure

柴犬的拋售壓力

Shiba Inu's price drop can also be attributed to recent massive selling pressure. Whales moved 4.29 trillion Shiba Inu tokens to Coinbase, indicating their intention to sell their holdings.

柴犬價格下跌也可歸因於近期巨大的拋售壓力。鯨魚將 4.29 兆枚柴犬代幣轉移到 Coinbase，表明他們打算出售所持資產。

Optimistic Outlook for Dogecoin and Shiba Inu

狗狗幣和柴犬的樂觀前景

Despite the current challenges, analysts believe that Dogecoin and Shiba Inu have the potential to rebound. Bitcoin's recent recovery has boosted optimism, with analysts predicting a similar positive trend for Dogecoin.

儘管目前面臨挑戰，但分析師認為狗狗幣和柴犬有反彈的潛力。比特幣最近的復甦提振了樂觀情緒，分析師預測狗狗幣也會出現類似的正面趨勢。

Furthermore, the Shiba Inu burn rate has surged by over 863% in the past 24 hours, suggesting a positive long-term outlook for the coin.

此外，在過去 24 小時內，柴犬銷毀率飆升了 863% 以上，顯示該代幣的長期前景樂觀。

Disclaimer:

免責聲明：

This article contains external links to third-party websites. The author is not responsible for any content or advertising found on these sites.

本文包含第三方網站的外部連結。作者對這些網站上的任何內容或廣告不承擔任何責任。