Dogecoin Faces Death Cross, Bitcoin Moves Towards $70K, Ethereum in Bearish Wedge

狗狗幣面臨死亡十字，比特幣邁向 7 萬美元，以太坊處於看跌楔形

Dogecoin is approaching a significant technical event known as a "death cross." This occurs when the 200-day Exponential Moving Average (EMA) crosses below the 100-day EMA, indicating a potential shift from bullish to bearish momentum. The cross is currently occurring around the $0.12 level. If the 100 EMA sustains this position below the 200 EMA, it could confirm a bearish outlook for Dogecoin.

狗狗幣正在接近一個被稱為「死亡交叉」的重大技術事件。當 200 日指數移動平均線 (EMA) 穿過 100 日指數移動平均線 (EMA) 下方時，就會發生這種情況，表明可能從看漲勢頭轉向看跌勢頭。目前交叉發生在 0.12 美元附近。如果 100 EMA 維持在 200 EMA 下方，則可能證實狗狗幣的看跌前景。

Key price levels to watch for Dogecoin include:

狗狗幣值得關注的主要價格水準包括：

• Immediate resistance level at $0.12, where the death cross is expected
• Support level at $0.105, below which further weakness may be indicated

Bitcoin's Path to $70,000

直接阻力位為 0.12 美元，預計將出現死亡交叉支撐位為 0.105 美元，低於該水平可能表明進一步疲軟比特幣通往 70,000 美元的路徑

Bitcoin is currently trading within a defined channel, with a bullish scenario towards $70,000 becoming increasingly likely. However, the 50-day and 100-day EMAs remain crucial resistance levels that Bitcoin must overcome. These levels have historically proven challenging for Bitcoin to break, and traders are monitoring them closely.

比特幣目前在確定的通道內交易，看漲至 7 萬美元的可能性越來越大。然而，50 天和 100 天均線仍然是比特幣必須克服的關鍵阻力位。歷史證明，比特幣突破這些水平具有挑戰性，交易者正在密切關注它們。

If Bitcoin decisively breaks above these EMAs, it could indicate strong upward momentum and test the channel's upper boundary towards $70,000.

如果比特幣果斷突破這些均線，則可能表明強勁的上漲勢頭，並測試該通道的上限至 70,000 美元。

Ethereum Needs Another Push

以太坊需要再次推動

Ethereum's chart is displaying a bearish wedge pattern, which if it plays out could challenge its current bullish momentum. A bearish wedge is often considered a reversal pattern that forms during an uptrend with converging support and resistance lines. It typically indicates decreasing buying pressure and a narrowing price range.

以太坊的圖表顯示出看跌楔形模式，如果這種模式出現，可能會挑戰其當前的看漲勢頭。看跌楔形通常被認為是在上升趨勢期間形成的反轉模式，支撐線和阻力線匯聚。它通常表明購買壓力下降和價格範圍縮小。

If this pattern holds, Ethereum could experience a sharp decline, potentially revisiting support levels at $2,600 or even $2,500. Traders should monitor Ethereum's volume and price action closely.

如果這種模式成立，以太坊可能會經歷大幅下跌，有可能重新回到 2,600 美元甚至 2,500 美元的支撐位。交易者應密切注意以太坊的交易量和價格走勢。

Conclusion

結論

The technical outlook for Dogecoin suggests a potential bearish trend, while Bitcoin appears poised for a move towards $70,000. Ethereum's immediate future is uncertain, as it navigates a potential bearish wedge. Traders should closely observe the price action and volume of these assets to inform their trading decisions.

狗狗幣的技術前景表明潛在的看跌趨勢，而比特幣似乎有望升至 70,000 美元。以太坊近期的未來是不確定的，因為它正在走一個潛在的看跌楔形。交易者應密切觀察這些資產的價格走勢和交易量，以便為他們的交易決策提供資訊。