Market Update: Dogecoin and Shiba Inu Bearish Price Action

The cryptocurrency market has recently faced significant bearish pressure, leading to a double-digit decline in major tokens. The memecoin sector has been particularly affected, with a 11.48% drop in its valuation. Consequently, Dogecoin (DOGE) and Shiba Inu (SHIB) have both experienced substantial losses, earning them spots among the top decliners.

市場動態：狗狗幣和柴犬看跌價格走勢加密貨幣市場最近面臨巨大的看跌壓力，導致主要代幣出現兩位數的跌幅。 Memecoin 產業受到的影響尤其嚴重，估值下跌 11.48%。因此，狗狗幣（DOGE）和柴犬（SHIB）都經歷了大幅虧損，成為跌幅最大的股票之一。

In light of these market conditions, investors have raised concerns about the wisdom of investing in memecoins and the potential for Dogecoin's recovery. This article aims to provide the latest market sentiment, price analysis, and possible price targets for these tokens.

鑑於這些市場狀況，投資者對投資迷因幣是否明智以及狗狗幣復甦的潛力表示擔憂。本文旨在提供這些代幣的最新市場情緒、價格分析和可能的價格目標。

Dogecoin (DOGE)

DOGE has undergone a significant bearish reversal at its crucial resistance level of $0.3850. This has resulted in a 10.83% drop over 24 hours, with a trading volume of $5.458 billion. Despite this decline, DOGE's market capitalization of over $51 billion has allowed it to retain its 7th position.

狗狗幣 (DOGE)DOGE 在 0.3850 美元的關鍵阻力位經歷了顯著的看跌逆轉。這導致 24 小時內下跌 10.83%，交易量為 54.58 億美元。儘管出現下滑，但 DOGE 超過 510 億美元的市值使其保住了第七名的位置。

TradingView: DOGE/USDT

交易檢視：DOGE/USDT

The Relative Strength Index (RSI) indicates a sharp decline, with its trendline experiencing negative convergence. However, DOGE's EMA 50-day is acting as support, suggesting a potential for mixed price action.

相對強弱指數（RSI）顯示急劇下降，其趨勢線出現負收斂。然而，DOGE 的 50 日均線起到了支撐作用，表明價格走勢可能會出現好壞參半的情況。

Bullish momentum could lead DOGE to retest its $0.385 resistance level this week. Conversely, continued bearish pressure may push the token towards its $0.325 low.

看漲勢頭可能導致 DOGE 本週重新測試 0.385 美元的阻力位。相反，持續的看跌壓力可能會將代幣推向 0.325 美元的低點。

Shiba Inu (SHIB)

SHIB has recorded a correction of approximately 10% over 24 hours, with a trading volume of $814.28 million. Despite a slight rise of 2.86% in the past seven days, SHIB has experienced minimal price movement this year.

Shiba Inu (SHIB)SHIB 在 24 小時內回調了約 10%，交易量為 8.1428 億美元。儘管過去 7 天小幅上漲 2.86%，但 SHIB 今年的價格變動幅度很小。

TradingView: SHIB/USDT

交易視圖：SHIB/USDT

The Moving Average Convergence Divergence (MACD) shows a consistent decrease in its green histogram, along with strong bearish convergence. The SMA indicator also suggests a negative outlook.

移動平均收斂分歧 (MACD) 顯示其綠色長條圖持續下降，同時出現強烈的看跌收斂。 SMA 指標也顯示出負面前景。

A trend reversal could see SHIB head towards its resistance level of $0.00003080. Conversely, intensified bearish pressure may pull the price towards its low of $0.0000170.

趨勢逆轉可能會導致 SHIB 走向 0.00003080 美元的阻力位。相反，看跌壓力加劇可能會將價格拉向 0.0000170 美元的低點。