尼古拉斯·默滕 (Nicholas Merten) 發出狗狗幣警告，稱狗狗幣還沒有跌落得足夠遠——這就是原因

Crypto analyst Nicholas Merten is issuing a warning that memecoin Dogecoin (DOGE) is likely not finished correcting against Bitcoin (BTC).

加密貨幣分析師尼古拉斯·默滕 (Nicholas Merten) 發出警告，模因幣狗狗幣 (DOGE) 可能尚未完成對比特幣 (BTC) 的修正。

In a new video update, Merten tells his 512,000 YouTube subscribers that he expects Dogecoin to remain in a bearish trend against Bitcoin for a while as the monthly DOGE/BTC chart continues to show weakness

在新的視訊更新中，Merten 告訴他的 512,000 名 YouTube 訂閱者，他預計狗狗幣兌比特幣將在一段時間內保持看跌趨勢，因為月度 DOGE/BTC 圖表繼續顯示疲軟

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“I do believe that things will go up and to the right in the future. I just don’t think they’re going to do it yet.

「我確實相信，未來事情會朝著好的方向發展。我只是認為他們還不會這麼做。

I got to say, if this is new support and all we see is a 22% move [up] on a monthly candle followed by three months of just fading those gains with no follow through, that’s not a bull market.

我必須說，如果這是新的支撐位，而我們看到的只是月度蠟燭圖上漲 22%，隨後三個月這些漲幅就逐漸消退而沒有後續行動，那麼這不是牛市。

We can see what Dogecoin looks like in a bull market – 600% moves in a month, 542%, even towards more moderate months, 80%, 30%, 209%, multiple months. 73%, 79%, 114% in a single month. That is what I’m looking for. And maybe Dogecoin isn’t going to produce such optimistic results. But man, I got to see some 10%, 20%, 30% months in a row before I start to really getting excited.”

我們可以看到狗狗幣在多頭市場中的樣子——一個月內變動 600%，542%，甚至更溫和的月份，80%、30%、209%，多個月。單月分別成長73%、79%、114%。這就是我正在尋找的。也許狗狗幣不會產生如此樂觀的結果。但是，夥計，我必須連續幾個月看到大約 10%、20%、30%，然後我才開始真正感到興奮。”

According to Merten, Dogecoin is only worth looking at if DOGE/BTC starts to repeat similar moves to June and October of 2021.

根據 Merten 的說法，只有當 DOGE/BTC 開始重複 2021 年 6 月和 10 月的類似走勢時，狗狗幣才值得關注。

“I don’t care about this [current trend]… From buyers in June [2022], a 23% move, barely closing any of those gains out, holding them up there and then having a 94% move. I understand there’s some nuance with maybe Elon [Musk] was saying Twitter was going to use DOGE or whatever.

「我不關心這個[當前趨勢]…從買家的角度來看，[2022 年]6 月，價格上漲了23%，幾乎沒有收回任何漲幅，將其保持在該水平，然後上漲了94% 。我知道伊隆（馬斯克）所說的 Twitter 將使用 DOGE 或其他東西可能會有一些細微差別。

Look, whatever. It doesn’t matter what the narrative is. What matters is the price action. Because no matter what those narratives are, if price is not showing that it’s interested at that range anymore, and we’re moving lower and lower, and there’s no buyers coming in, we’re likely going to continue moving lower and lower.

看看，無論如何。敘述是什麼並不重要。重要的是價格走勢。因為無論這些敘述是什麼，如果價格不再顯示出它對這個範圍感興趣，並且我們的價格越來越低，並且沒有買家進來，我們很可能會繼續越來越低。

It’s a rolling effect of weakening expectations. People slowly coming to the realization that they were overexposed, that what they thought was a dip is still too high. And only until you really get that market buy-side pressure will these assets start to move.”

這是預期減弱的滾動效應。人們慢慢地意識到他們的曝光過度，他們認為的下降仍然太高。只有當你真正感受到市場買方的壓力時，這些資產才會開始移動。”

Merten is anticipating a roughly 90% correction, which would mean DOGE/BTC would find its market bottom around 0.00000130.

Merten 預計會有約 90% 的修正，這意味著 DOGE/BTC 將在 0.00000130 左右找到市場底部。

DOGE/BTC is trading at 0.00000218 BTC ($0.0582) at time of writing.

截至撰寫本文時，DOGE/BTC 的交易價格為 0.00000218 BTC（0.0582 美元）。