A widely followed crypto analyst is warning that one Dogecoin (DOGE) rival could suddenly collapse as the digital assets markets stagnate.

一位廣受關注的加密貨幣分析師警告稱，隨著數位資產市場停滯不前，狗狗幣（DOGE）的競爭對手可能會突然崩潰。

Pseudonymous analyst Kaleo tells his 596,300 Twitter followers that Pepe (PEPE) could decline by more than 50% from its current value.

化名分析師 Kaleo 告訴他的 596,300 名 Twitter 粉絲，Pepe (PEPE) 的價值可能會比當前價值下跌 50% 以上。

The trader uses an inverse chart, which shows Pepe could suddenly decline in value from $0.000000787, at time of writing, to $0.000000390.

該交易員使用反向圖表，顯示 Pepe 的價值可能會突然從撰寫本文時的 0.000000787 美元跌至 0.000000390 美元。

“I’m so bullish on PEPE here. Looks like it’s broken out and should easily run it back to the highs. Send it with haste.”

「我非常看好這裡的 PEPE。看起來它已經突破，應該很容易回到高點。趕緊送去吧。”

Next, the trader says Bitcoin Cash (BCH) is likely going to keep declining on a downward trend as it retests a key support level at $191.21.

接下來，該交易員表示，比特幣現金（BCH）可能會繼續下跌，因為它重新測試了 191.21 美元的關鍵支撐位。

“BCH looks pretty damn heavy after the full retrace from last week’s pump. Send it lower.”

「在上週的上漲之後，BCH 看起來非常沉重。將其降低。”

The trader is also predicting Bitcoin Cash will continue on a descending triangle against Bitcoin (BTC).

該交易員還預測比特幣現金兌比特幣（BTC）將繼續呈現下降三角形。

“BCH/BTC looking for something like this.”

“BCH/BTC 正在尋找這樣的東西。”

His chart suggests that BCH/BTC will dip to 0.00610 BTC ($157.76) within days. At time of writing, BCH/BTC is trading for 0.00745 BTC ($193).

他的圖表顯示，BCH/BTC 將在幾天內跌至 0.00610 BTC（157.76 美元）。截至撰寫本文時，BCH/BTC 的交易價格為 0.00745 BTC（193 美元）。

Kaleo also weighs in on Bitcoin. He predicts the crypto king will experience volatility until a decisive bull cycle will launch sometime in 2024-2025.

Kaleo 也對比特幣發表了看法。他預測，加密之王將經歷波動，直到 2024-2025 年某個時候決定性的牛市週期啟動。

“Everything that happens through the end of the year is just noise to shake you out before the real fun begins in 2024/2025.”

“在 2024/2025 年真正的樂趣開始之前，年底發生的所有事情都只是噪音，讓你感到震驚。”

He speculates that Bitcoin will dip down to around $21,000 in September, rally up to $34,000 in early October and retest $30,000 later that month.

他推測比特幣將在 9 月跌至 21,000 美元左右，在 10 月初反彈至 34,000 美元，並在當月晚些時候重新測試 30,000 美元。

He bases his prediction in part on how Bitcoin on average performs poorly in September and stronger in October.

他的預測部分是基於比特幣在 9 月的平均表現不佳和 10 月的平均表現。

“Bad Septembers lead to good Octobers / Novembers.”

“糟糕的九月會帶來美好的十月/十一月。”

Bitcoin is trading for $25,912 at time of writing, down 1% in the last 24 hours.

截至撰寫本文時，比特幣交易價格為 25,912 美元，在過去 24 小時內下跌 1%。

Source: https://thebittimes.com/trader-says-one-dogecoin-doge-rival-could-easily-crash-by-over-50-updates-outlook-on-bitcoin-cash-bch-tbt62606.html