You can also read this news on BH NEWS: Sharp Decline in Dogecoin Value as Selling Intensifies
您也可以在 BH NEWS 上閱讀此新聞:隨著拋售加劇,狗狗幣價值急劇下降
Dogecoin, the cryptocurrency that initially started as a meme, has experienced a severe drop in value, falling from $0.22 to $0.18—a 20% decline. This plunge is occurring during an overall slump in the crypto market. With this dramatic downturn, many are wondering how experts interpret the current situation and what is foreseen for Dogecoin’s performance.
狗狗幣(Dogecoin)是一種最初作為迷因出現的加密貨幣,其價值經歷了嚴重下跌,從 0.22 美元跌至 0.18 美元,跌幅達 20%。這次暴跌是在加密貨幣市場整體低迷期間發生的。隨著經濟的急劇下滑,許多人想知道專家如何解讀當前局勢以及對狗狗幣的表現有何預測。
Signs of Bearishness in Dogecoin Trends
狗狗幣趨勢的看跌跡象
Dogecoin’s 4-hour trading chart recently revealed a double top pattern, a common indicator of a potential downturn, causing concern among investors. This comes at a time when Bitcoin and other altcoins are also undergoing a market correction. Despite the overall market conditions, Dogecoin had previously seen an impressive rally in March, with an 86.8% surge in value driven by the reactivation of large, dormant whale wallets. These movements, however, did not spark the typical market frenzy often associated with rapid price increases.
狗狗幣的 4 小時交易圖表最近顯示出雙頂模式,這是潛在下滑的常見指標,引起了投資者的擔憂。同時,比特幣和其他山寨幣也正在經歷市場調整。儘管整體市場狀況不佳,但狗狗幣此前在 3 月仍出現了令人印象深刻的反彈,由於大型休眠鯨魚錢包的重新激活,其價值飆升了 86.8%。然而,這些變動並沒有引發通常與價格快速上漲相關的典型市場狂熱。
Analytics from Santiment have noted a slight increase of 0.21% in Dogecoin wallet activity over the last two weeks. This uptick is modest compared to the coin’s previous fluctuations.
Santiment 的分析指出,過去兩週狗狗幣錢包活動略有增加 0.21%。與代幣之前的波動相比,這次上漲幅度不大。
Analysis of Dogecoin’s Recent Activity
狗狗幣近期活動分析
Investment patterns in Dogecoin have shown a decrease in the average holding time, with coins that had been held for an average of 510 days now being moved after 416 days. This suggests that Dogecoin’s long-term holders have become more active. Despite this increase in activity, the selling pressure at the $0.22 level proved too strong, leading to a bearish double top formation. With a significant intraday drop, a further decline could be imminent if the selling continues, potentially pushing Dogecoin’s value down to an even lower support level.
狗狗幣的投資模式顯示出平均持有時間的減少,平均持有 510 天的狗狗幣現在在 416 天後被轉移。這表明狗狗幣的長期持有者變得更加活躍。儘管活動有所增加,但事實證明 0.22 美元水平的拋售壓力過於強勁,導致看跌雙頂形成。由於盤中大幅下跌,如果繼續拋售,可能會進一步下跌,可能將狗狗幣的價值推低至更低的支撐位。
Points to Take into Account
需要考慮的要點
- The double top pattern on Dogecoin’s chart signals potential further declines.
- Active Dogecoin wallets show only a slight increase, which could imply limited new investor interest.
- Recent sell-off could lead to a test of lower support levels, especially if current trends persist.
狗狗幣圖表上的雙頂模式預示著潛在的進一步下跌。
活躍的狗狗幣錢包僅略有增加,這可能意味著新投資者的興趣有限。
最近的拋售可能會導致對較低支撐位的測試,特別是如果當前趨勢持續下去的話。
Investors and market observers are closely monitoring these developments, acknowledging that while the market has previously been unpredictable, the current indicators suggest Dogecoin could be facing a period of increased volatility and sell pressure.
投資者和市場觀察人士正在密切關注這些事態發展,他們承認,雖然市場先前難以預測,但目前的指標表明狗狗幣可能面臨一段波動性和拋售壓力加劇的時期。
The post first appeared on BH NEWS: Sharp Decline in Dogecoin Value as Selling Intensifies
該帖子首次出現在 BH 新聞:隨著拋售加劇,狗狗幣價值急劇下降