On-Chain Analytics Reveals Causes of Recent Dogecoin and Apecoin Corrections

鏈上分析揭示了最近狗狗幣和猿幣修正的原因

Santiment, a leading on-chain analytics platform, has identified key factors contributing to recent price declines in Dogecoin (DOGE) and Apecoin (APE). These corrections coincide with significant shifts in social media sentiment indicators, particularly a surge in Fear Of Missing Out (FOMO).

領先的鏈上分析平台 Santiment 已經確定了導致狗狗幣 (DOGE) 和 Apecoin (APE) 最近價格下跌的關鍵因素。這些修正與社群媒體情緒指標的重大變化同時發生，尤其是「害怕錯過」（FOMO）的激增。

Santiment's analysis indicates that DOGE and other memecoins have experienced an increase in the Positive Sentiment vs. Negative Sentiment Ratio. This metric measures the overall tone of major social media platforms, indicating whether sentiment is predominantly positive or negative towards specific assets.

Santiment 的分析表明，DOGE 和其他 memecoin 的正面情緒與負面情緒比率增加。此指標衡量主要社群媒體平台的整體基調，顯示對特定資產的情緒主要是正面還是負面。

A machine-learning model developed by Santiment distinguishes between negative and positive sentiments in online comments. When the ratio exceeds zero, it signifies a dominance of positive sentiment. Conversely, a value below zero suggests a prevailing negative outlook.

Santiment 開發的機器學習模型可以區分網路評論中的負面情緒和正面情緒。當該比率超過零時，表示正面情緒占主導地位。相反，低於零的值表示普遍存在負面前景。

Santiment has released a chart tracking this sentiment ratio for DOGE, APE, and other memecoins over recent months. Notable spikes in positive sentiment for DOGE and APE were observed, corresponding with local peaks in their prices.

Santiment 發布了一張圖表，追蹤近幾個月 DOGE、APE 和其他 memecoin 的情緒比率。人們觀察到 DOGE 和 APE 的正面情緒顯著上升，與其價格的局部高峰相對應。

While positive sentiment often reflects market confidence, excessive optimism can lead to unrealistic hype. Historically, such exuberance has preceded price peaks in cryptocurrencies. According to Santiment, market prices often move contrary to popular expectations, with extreme sentiments indicating predictable market behavior.

雖然正面的情緒往往反映了市場信心，但過度樂觀可能會導致不切實際的炒作。從歷史上看，這種繁榮發生在加密貨幣價格達到頂峰之前。 Santiment 認為，市場價格的變動往往與大眾的預期相反，極端情緒顯示市場行為是可預測的。

The recent surge in positive sentiment likely fueled FOMO among investors, contributing to the corrections witnessed in DOGE and its peers. Monitoring the Positive Sentiment vs. Negative Sentiment Ratio in the coming days could provide insights into potential price movements, as a decrease might signal a revival in bullish activity.

最近積極情緒的激增可能加劇了投資者的 FOMO 情緒，導致 DOGE 及其同業出現調整。監測未來幾天的正面情緒與負面情緒比率可以提供對潛在價格走勢的洞察，因為下降可能預示著看漲活動的復甦。

Currently, Dogecoin's price is hovering around $0.136, down from a recent high of $0.150, which aligns with the observed sentiment dynamics.

目前，狗狗幣的價格徘徊在 0.136 美元左右，低於近期高點 0.150 美元，這與觀察到的情緒動態相符。