Crypto Market Correction Impacts Dogecoin (DOGE) and Bitcoin (BTC)

加密貨幣市場調整影響狗狗幣（DOGE）和比特幣（BTC）

The global cryptocurrency market has experienced a price adjustment, dropping from $3.31 trillion to $3.11 trillion over the past two days. This has led to a decline in the value of coins such as Dogecoin (DOGE) and Bitcoin (BTC).

全球加密貨幣市場經歷了價格調整，這兩天從 3.31 兆美元跌至 3.11 兆美元。這導致狗狗幣（DOGE）和比特幣（BTC）等代幣價值下跌。

Bitcoin has fallen below $93,000, while Dogecoin is trading at $0.38, representing a 20% decrease. Analysts anticipate that DOGE will stabilize or move sideways before reaching oversold levels.

比特幣已跌破 93,000 美元，而狗狗幣的交易價格為 0.38 美元，跌幅為 20%。分析師預計，DOGE 在達到超賣水平之前將穩定或橫盤整理。

Correction Following November Rally

十一月反彈後的修正

The exceptional price surge in November, triggered by Donald Trump's election victory, has come to an end with the recent correction.

唐納德·特朗普 (Donald Trump) 當選總統引發的 11 月份價格異常飆升，隨著最近的調整而結束。

Since November 25, the market capitalization of the crypto market has dropped from a peak of $3.31 trillion to $3.11 trillion on November 27. This indicates profit-taking by market makers and investors following substantial gains in most coins this month.

自11月25日以來，加密貨幣市場的市值已從3.31兆美元的峰值下降至11月27日的3.11兆美元。紛紛獲利了結。

Impact on Bitcoin and Dogecoin

對比特幣和狗狗幣的影響

The correction has delayed Bitcoin's projection of reaching $100,000, as it has retreated to the $91,000 level. Similarly, DOGE's momentum at $1 last week has dissipated, with the coin experiencing a significant decline.

這次調整推遲了比特幣達到 10 萬美元的預測，因為它已經回落至 91,000 美元的水平。同樣，DOGE 上週達到 1 美元的勢頭也已消散，該代幣經歷了大幅下跌。

Dogecoin's price correction began earlier than the overall crypto market, dropping to $0.47 on November 23, a 20% decrease. It has since fallen further to $0.38.

狗狗幣的價格調整早於整個加密貨幣市場開始，並於 11 月 23 日跌至 0.47 美元，跌幅為 20%。此後進一步跌至 0.38 美元。

Technical Analysis

技術分析

Prior to the correction, Dogecoin's Relative Strength Index (RSI) reached 85 points, indicating extreme overbought conditions and signaling an impending price correction.

在調整之前，狗狗幣的相對強弱指數 (RSI) 達到 85 點，顯示極端超買狀況並預示價格即將調整。

After the decline, Dogecoin has now entered oversold territory, suggesting that the bearish trend may soon end or stabilize within the next few days.

下跌之後，狗狗幣現已進入超賣區域，顯示看跌趨勢可能很快就會結束或在未來幾天內穩定下來。

Historical Patterns and Outlook

歷史格局與展望

Historically, the end of the year is a period of reduced activity in the cryptocurrency market as investors prioritize profit-taking and relaxation during the holiday season. Traders should anticipate that Dogecoin and other coins may experience further declines in December.

從歷史上看，年底是加密貨幣市場活動減少的時期，因為投資者在假期期間優先考慮獲利了結和放鬆。交易者應該預期狗狗幣和其他代幣可能會在 12 月經歷進一步下跌。

However, Dogecoin may rebound faster than others due to entering the correction period earlier. It has already gained 6% in the past eight hours.

然而，由於較早進入調整期，狗狗幣可能會比其他幣反彈得更快。過去八小時內已上漲 6%。

Positive Outlook for DOGE Holders

DOGE 持有者的積極前景

DOGE holders may find solace in the positive outlook painted by the coin's affiliation with Tesla CEO Elon Musk. Musk's involvement in the Trump administration could potentially benefit Dogecoin.

DOGE 持有者可能會從該代幣與特斯拉執行長 Elon Musk 的關係所描繪的積極前景中找到安慰。馬斯克參與川普政府可能會使狗狗幣受益。

At the time of writing, Dogecoin has gained 0.56% over the past 24 hours, trading at $0.3916. Its trading volume has decreased 13.76% to $8.44 billion, while its market capitalization has risen to $57.54 billion.

截至撰寫本文時，狗狗幣在過去 24 小時內上漲了 0.56%，交易價格為 0.3916 美元。其成交量下降13.76%至84.4億美元，而市值則上升至575.4億美元。