The protracted – and significant – crypto bull market, started in earnest in October 2023 with a major Bitcoin (BTC) rally, has already seen multiple meme coins, old and new, surge to new highs or, at least, strive to reclaim their previous highs.

曠日持久且意義重大的加密貨幣牛市始於 2023 年 10 月，伴隨著比特幣 (BTC) 的大幅上漲，已經見證了多種新舊模因幣飆升至新高，或者至少努力恢復之前的水平。

The climate brought forth a string of predictions that Dogecoin (DOGE), the oldest meme coin in existence, is about to rise toward and beyond $1.

這種氣候引發了一系列預測，即現存最古老的迷因幣狗狗幣 (DOGE) 的價格即將升至甚至超過 1 美元。

One crypto expert, known as Credible Crypto on YouTube and CrediBULL Crypto on X, only partially agrees with the bullish expectations and has, in fact, recently shared his strategy for shorting DOGE.

一位在 YouTube 上被稱為 Credible Crypto，在 X 上被稱為 CrediBULL Crypto 的加密貨幣專家只部分同意看漲預期，事實上，他最近分享了他做空 DOGE 的策略。

Indeed, the expert believes that Dogecoin is yet to prove an uptrend with more sequential higher highs and higher lows and that it currently finds itself in a distribution top.

事實上，專家認為，狗狗幣尚未證明具有更多連續更高的高點和更高的低點的上升趨勢，並且它目前發現自己處於分佈頂部。

According to Credible Crypto’s Analysis, DOGE price is likely to continue trading higher for some time before it enters the $0.19-0.20 range, which it will, in all likelihood, fail to sustain and break above. 

根據 Credible Crypto 的分析，DOGE 價格可能會在進入 0.19-0.20 美元區間之前繼續走高一段時間，但很可能無法維持並突破該區間。

The analyst explained that they would take a short position once the meme coin is within this range as a drop to one of the crucial support levels and at least to the $0.09-$0.10 range, but even more likely to head toward or below $0.05.

這位分析師解釋說，一旦 meme 代幣跌至關鍵支撐位之一，並且至少跌至 0.09 美元至 0.10 美元的範圍，但更有可能跌至或低於 0.05 美元，他們將採取空頭頭寸。

Short-term bear, long-term bull

短期看空，長期看多

The Analysis of Dogecoin’s likely next move partially hinges on the general trends in the crypto market, which have recently seen a significant pullback for Bitcoin and an even greater correction for other cryptocurrencies.

狗狗幣下一步可能走勢的分析部分取決於加密貨幣市場的整體趨勢，最近比特幣出現了大幅回調，而其他加密貨幣則出現了更大的回調。

Following from this, Credible Crypto estimates that the market is not yet in a major ‘meme cycle’ but rather that it shall have to go through the motions with the subsequent phases being ‘Bitcoin,’ ‘large caps,’ ‘mid-caps,’ and ‘small caps.’

據此，Credible Crypto 估計市場尚未進入一個主要的“模因週期”，而是必須經歷後續階段的“比特幣”、“大盤股”、“中盤股”、 ”和“小型大寫字母”。

The expert, however, believes that a ‘meme coin megafinale’ will come at the tail end of the sequence and that a Dogecoin surge above $1 will be a crucial part of this phase. As a result, they have identified the likely fall to $0.05 as a good area to enter a long position after, hopefully, successfully shorting the meme coin.

然而，專家認為，「迷因幣大結局」將出現在該序列的末尾，而狗狗幣飆升至 1 美元以上將是這一階段的關鍵部分。因此，他們認為，在成功做空 meme 代幣後，可能會跌至 0.05 美元，這是進入多頭部位的好區域。

DOGE price chart

DOGE 價格走勢圖

With conflated outlooks, whether DOGE drops toward $0.05 or surges toward $1 first, its recent performance has both been strong and choppy. 

綜合前景來看，無論 DOGE 先跌向 0.05 美元還是先飆升至 1 美元，其近期表現既強勁又波動。

With that being said, in the last 52 weeks, the meme coin has surged 100.27% and managed a 77.68% climb in 2024 alone.

話雖如此，在過去 52 週內，meme 幣已飆升 100.27%，僅 2024 年就上漲了 77.68%。

Although more recent trading featured a rejection of a continued surge and significant volatility – albeit with consolidation within a new and higher range. As things stand, Dogecoin is down 8.27% in the last 30 days but 1.88% in the green on the weekly chart.

儘管近期交易的特點是拒絕持續飆升和大幅波動——儘管在新的更高區間內盤整。目前來看，狗狗幣在過去 30 天內下跌了 8.27%，但在周線圖上卻上漲了 1.88%。

Finally, the DOGE price today stands at $0.1587 after a 0.86% 24-hour drop.

最後，DOGE 價格在 24 小時下跌 0.86% 後，今天維持在 0.1587 美元。

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