Impact of Market Fluctuations on Meme Coins Like Dogecoin and Shiba Inu

市場波動對狗狗幣和柴犬等 Meme 幣的影響

The recent market volatility has had a significant impact on meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB).

最近的市場波動對米姆幣產生了重大影響，包括狗狗幣（DOGE）和柴犬（SHIB）。

Shiba Inu's Performance

柴犬的表演

Shiba Inu has experienced a 8.65% price decline over the past seven days, reaching a low of 0.00002258. This bearish trend is partly due to the overall market sentiment.

柴犬價格在過去 7 天下跌了 8.65%，跌至 0.00002258 的低點。這種看跌趨勢部分是由於整體市場情緒所致。

Dogecoin's Performance

狗狗幣的表現

Dogecoin has also faced selling pressure, declining by over 11% weekly to a low of $0.142. Despite these losses, on-chain data suggests the possibility of a significant rally.

狗狗幣也面臨拋售壓力，每週下跌超過 11%，跌至 0.142 美元的低點。儘管出現這些損失，鏈上數據顯示大幅反彈的可能性。

Dogecoin's Potential Rise

狗狗幣的潛在崛起

Dogecoin's daily chart indicates an oversold trend. The Relative Strength Index (RSI), which was at 34 on May 1st, has risen to 45, suggesting a potential reversal.

狗狗幣的日線圖顯示出超賣趨勢。 5 月 1 日相對強弱指數 (RSI) 為 34，現已升至 45，顯示可能出現逆轉。

While Dogecoin remains above its 200-day moving average, it continues to trade below its 50-day MA. Its price volatility should be considered due to its meme coin status.

雖然狗狗幣仍高於 200 日移動平均線，但仍低於 50 日移動平均線。由於其模因幣的地位，應考慮其價格波動性。

However, Open Interest (OI) has increased by 0.87%, reaching $645.6 million. This increase could support a price increase.

然而，未平倉合約 (OI) 增加了 0.87%，達到 6.456 億美元。這一增長可能會支持價格上漲。

The $0.16 resistance level is crucial for Dogecoin. If breached, it could potentially rise to $0.20. Additionally, the influence of whales and speculation could trigger a bullish movement.

0.16 美元的阻力位對於狗狗幣至關重要。如果違規，價格可能會上漲至 0.20 美元。此外，鯨魚和投機的影響可能引發看漲走勢。

Shiba Inu's Current State

柴犬的現狀

Shiba Inu has experienced significant growth this year, with a 116% Year-To-Date (YTD) increase. However, the recent price decline has resulted in a bearish RSI of 42.

柴犬今年經歷了顯著增長，年初至今 (YTD) 增長了 116%。然而，近期價格下跌導致 RSI 為看跌 42。

The Moving Average Convergence Divergence (MACD) suggests a potential trend change for Shiba Inu. Factors such as an increasing burn rate could contribute to this development.

移動平均收斂背離（MACD）顯示柴犬的潛在趨勢發生變化。燃燒率增加等因素可能會促成這種發展。