Dogecoin Technical Metrics Signal Caution for Investors

Dogecoin技術指標對投資者表示謹慎

Dogecoin's technical and on-chain metrics raise concerns that investors should not ignore. Based on an analysis by Ali, the MVRV ratio for DOGE has fallen below its 200-day moving average, an event that has historically preceded price crashes of up to 44%.

Dogecoin的技術和鏈度指標引起了人們對投資者不應忽略的擔憂。根據ALI的分析，Doge的MVRV比率降至其200天的移動平均水平，這一事件歷史上一直在價格崩潰之前高達44％。

The MVRV ratio (Market Value to Realized Value) compares Dogecoin's current market capitalization to its realized capitalization, indicating potential overvaluation or undervaluation. A drop below the 200-day MA creates a "Death Cross," signaling potential price declines.

MVRV比率（市場價值與已實現價值）將Dogecoin當前的市值與已實現的資本化進行了比較，表明潛在的高估或低估。低於200天的MA下降會產生“死亡十字架”，這是潛在價格下降的信號。

Historical Precedents Suggest Caution

歷史先例表明謹慎

Past Death Cross events for Dogecoin have coincided with significant price drops:

Dogecoin的過去死亡交叉事件與價格大幅下降相吻合：

• In late 2023, a Death Cross led to a 26% decline in DOGE's price.
• In mid-2024, a similar event triggered a 44% price drop.

These historical patterns raise caution, as the current situation aligns with these warning signs.

2023年下半年，死亡十字架導致了總督的價格下降了26％。在2024年中期，類似的事件引發了44％的價格下跌。這些歷史模式引起了謹慎，因為當前情況與這些警告信號一致。

Declining Whale Activity

鯨魚活動下降

Adding to the concern, crypto analyst Ali has observed an 88% decline in whale activity on the Dogecoin network since mid-November. Whales, who hold large amounts of cryptocurrency, often influence market movements. Their reduced activity suggests a lack of confidence in DOGE's short-term prospects.

除此之外，加密分析師Ali觀察到自11月中旬以來，Dogecoin網絡上的鯨魚活動下降了88％。擁有大量加密貨幣的鯨魚經常會影響市場變動。他們的活動減少表明對Doge的短期前景缺乏信心。

Implications for Investors

對投資者的影響

The simultaneous occurrence of these warning signs raises concerns for DOGE holders. History suggests that Dogecoin could experience another price correction in the upcoming weeks or months. The potential magnitude remains uncertain, but historical precedents indicate a possible range of 26% to 44%.

這些警告信號的同時出現引起了對門持有者的擔憂。歷史表明，在接下來的幾週或幾個月中，狗狗幣可能會進行另一種價格更正。潛在的幅度仍然不確定，但歷史先例表明可能的範圍為26％至44％。

Note: This article has been edited to remove promotional content and irrelevant information.

注意：本文已編輯以刪除促銷內容和無關緊要的信息。