The cryptocurrency market recently took a hit as bears pushed prices down, leading to a 5.89% drop in the overall market cap. Bitcoin, the top cryptocurrency, saw a sudden fall to $66,000, while Ethereum briefly dropped to $3,319.

加密貨幣市場近期因空頭壓低價格而遭受重創，導致整體市值下跌 5.89%。頂級加密貨幣比特幣突然跌至 66,000 美元，而以太幣則短暫跌至 3,319 美元。

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During this time, the entire network saw a total liquidation of $157 million, with $144 million coming from long orders. Even meme coins, known for their wild price swings, weren’t spared. The market cap of meme coins dropped significantly by 10.8%, despite a notable 42% increase in trading volume. Some meme coins experienced double-digit declines during this period.

在此期間，整個網路共清算了 1.57 億美元，其中 1.44 億美元來自多頭訂單。就連以價格劇烈波動而聞名的迷因幣也未能倖免。儘管交易量顯著增加了 42%，但 Meme 幣的市值卻大幅下降了 10.8%。在此期間，一些模因幣經歷了兩位數的下跌。

Cryptocurrency Price Analysis Amid Market Downturn

Dogecoin (DOGE): Dogecoin experienced a 14% decrease in the last 24 hours, with its current trading price at $0.1866. Despite the drop, trading volume surged by 66%. It hit a seven-day low of $0.1850 and fluctuated between $0.187 to $0.2172 today. Over the past month, Dogecoin surged by 33%. The 9-day Exponential Moving Average (EMA) stands at $0.19537, while the daily Relative Strength Index (RSI) indicates a neutral condition at 54. Analysts suggest a potential rise to $0.228 if bullish momentum continues, while a bearish scenario might lead to a drop to $0.175.

市場低迷期間的加密貨幣價格分析狗狗幣（DOGE）：狗狗幣在過去24小時內下跌了14%，目前交易價格為0.1866美元。儘管有所下降，交易量仍猛增 66%。今天觸及7天低點0.1850美元，在0.187美元至0.2172美元之間波動。過去一個月，狗狗幣飆升 33%。 9 天指數移動平均線(EMA) 為0.19537 美元，而每日相對強弱指數(RSI) 顯示為54 的中性狀況。分析師表示，如果看漲勢頭持續，則可能上漲至0.228 美元，而看跌情況可能會導致跌至 0.175 美元。

DOGE Price Chart, Source: TradingView

DOGE 價格圖表，來源：TradingView

Pepe: Pepe experienced a 14% decline in the last 24 hours, currently trading at $0.000007217. Despite the downturn, trading volume increased by 7%. It hit a two-week low of $0.00000703, with trading ranging between $0.000007163 to $0.00000828 today. Over the past month, Pepe surged by 77%. The 9-day EMA is at $0.00000787, and the daily RSI indicates a neutral condition at 49. Analysts suggest a potential rise to $0.00000923 if bullish momentum persists, while a bearish scenario might lead to a drop to $0.00000660.

Pepe：Pepe 在過去 24 小時內下跌了 14%，目前交易價格為 0.000007217 美元。儘管經濟低迷，交易量仍成長了 7%。今天觸及兩週低點 0.00000703 美元，交易區間為 0.000007163 美元至 0.00000828 美元。過去一個月，佩佩的股價飆升了77%。 9 日 EMA 為 0.00000787 美元，每日 RSI 顯示為 49 的中性狀況。分析師表示，如果看漲勢頭持續，則可能上漲至 0.00000923 美元，而看跌情況可能會導致跌至 0.00000660 美元。

Also Read: Dogecoin Price Surges 20%: Key Factors Behind Recent Jump

另請閱讀：狗狗幣價格飆升 20%：近期上漲背後的關鍵因素

PEPE Price Chart, Source: TradingView

PEPE 價格圖表，來源：TradingView

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Dogwifhat: Dogwifhat witnessed an 11% decline in the past 24 hours, currently trading at $3.8, with a 4% increase in trading volume. It hit a five-day low of $3.8, fluctuating between $3.81 to $4.48 today. Over the past month, it surged by 229%. The 9-day EMA is $3.93, and the daily RSI is at 56, showing a neutral condition. Analysts suggest a potential rise to $4.81 if bullish momentum continues, while a bearish scenario might lead to a drop to $3.0.

Dogwifhat：Dogwifhat 在過去 24 小時內下跌了 11%，目前交易價格為 3.8 美元，交易量增加了 4%。今日觸及5天低點3.8美元，在3.81美元至4.48美元之間波動。過去一個月，該指數飆升了 229%。 9 日均線為 3.93 美元，日線 RSI 為 56，呈中性狀況。分析師表示，如果看漲勢頭持續，可能會上漲至 4.81 美元，而看跌情況可能會導致跌至 3.0 美元。

WIF Price Chart, Source: TradingView

WIF 價格圖表，來源：TradingView

The downturn in the crypto market has sparked concerns among investors, prompting close monitoring of the situation for potential shifts in market sentiment and price movements.

加密貨幣市場的低迷引發了投資者的擔憂，促使投資者密切關注市場情緒和價格趨勢的潛在變化。

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

重要提示：請注意，本文僅旨在提供信息，不應被視為法律、稅務、投資、財務或任何其他類型的建議。