A closely followed crypto strategist is predicting a big move to the downside for one Dogecoin (DOGE) rival after forming a bearish structure.

一位備受關注的加密貨幣策略師預測，狗狗幣（DOGE）競爭對手在形成看跌結構後將大幅下跌。

Pseudonymous analyst Kaleo tells his 596,500 followers on the social media platform X that Pepe (PEPE) could retrace recent gains and dip by more than 16% from its current value.

匿名分析師 Kaleo 在社交媒體平台 X 上告訴他的 596,500 名粉絲，Pepe (PEPE) 可能會回吐最近的漲幅，並比當前價值下跌 16% 以上。

“PEPE breaking out on LTF (low time frame).

「PEPE 在 LTF（低時間框架）上爆發。

Looks like it’s ready to run it back to the highs.”

看起來它已經準備好回到高點了。”

Looking at his inverted chart, the trader thinks Pepe is forming a double-top bearish pattern and will revisit the $0.00000061 level.

從倒置圖表來看，交易員認為 Pepe 正在形成雙頂看跌模式，並將重新審視 0.00000061 美元的水平。

Pepe is trading for $0.00000073 at time of writing, up 4.5% in the last 24 hours.

截至撰寫本文時，Pepe 的交易價格為 0.00000073 美元，在過去 24 小時內上漲了 4.5%。

Kaleo also says he remains bullish on Bitcoin (BTC) but predicts price volatility until a convincing bull market next year.

卡利奧也表示，他仍然看好比特幣（BTC），但預計價格會波動，直到明年出現令人信服的多頭市場。

“Stack heavily on dips.

“逢低時大量籌碼。

Big picture everything that happens over the next six months is just noise to shake you out before the real fun begins later in 2024/2025.”

從總體上看，接下來六個月發生的一切都只是噪音，讓你感到震驚，然後真正的樂趣將在 2024/2025 年晚些時候開始。”

Bitcoin is trading for $26,236 at time of writing, down 0.1% in the last 24 hours.

截至撰寫本文時，比特幣交易價格為 26,236 美元，在過去 24 小時內下跌 0.1%。

Lastly, the trader says Solana (SOL) is showing weakness against Bitcoin.

最後，該交易員表示 Solana (SOL) 相對於比特幣表現疲軟。

“Unfortunately just haven’t seen the follow through I’d like to on this recent bounce. Would have liked to see a quick reclaim of .0008 on the BTC pair for bullish continuation. Currently short and looking for a revisit of the 2023 lows.”

「不幸的是，在最近的反彈中，我還沒有看到我想要的後續走勢。希望看到 BTC 貨幣對快速收復 0.0008，以延續看漲。目前做空，並期待重溫 2023 年低點。”

SOL/BTC is trading for 0.00072 BTC ($18.98) at time of writing.

截至撰寫本文時，SOL/BTC 的交易價格為 0.00072 BTC（18.98 美元）。