Widely followed crypto trader Altcoin Sherpa is predicting that one red-hot Dogecoin (DOGE) rival is about to undergo a severe market correction.

廣受關注的加密貨幣交易商山寨幣夏爾巴 (Altcoin Sherpa) 預測，炙手可熱的狗狗幣 (DOGE) 競爭對手即將經歷嚴重的市場調整。

The pseudonymous analyst tells his 205,300 followers on the social media platform X that Bonk (BONK) could soon dip to a much lower trading range.

這位匿名分析師在社群媒體平台 X 上告訴他的 205,300 名粉絲，Bonk (BONK) 可能很快就會跌至更低的交易區間。

However, he warns that the memecoin could still rally higher before the possible dip.

然而，他警告說，在可能下跌之前，迷因幣仍可能上漲。

“BONK: you probably should consider getting out of this (or at least partially) around here. Expecting more downside. With that said, I definitely wouldn’t short it; I think it could still go up to $0.0000190 before more downside. But I do believe it tests much lower levels later.”

「邦克：你可能應該考慮離開這裡（或至少部分離開這裡）。預計會有更多負面影響。話雖如此，我絕對不會做空它；我認為在進一步下跌之前，它仍可能上漲至 0.0000190 美元。但我確實相信稍後它的測試水平會低得多。”

Looking at his chart, the trader suggests Bonk may soon enter a trading range with a lower bound at $0.0000100 and an upper bound at $0.0000140.

從他的圖表來看，交易員認為 Bonk 可能很快就會進入一個交易區間，下限為 0.0000100 美元，上限為 0.0000140 美元。

Bonk is trading for $0.0000147 at time of writing, up 8,158% from three months ago.

截至撰寫本文時，Bonk 的交易價格為 0.0000147 美元，較三個月前上漲 8,158%。

Next up, the trader says he is bullish on the Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB).

接下來，該交易員表示，他看好以太坊 (ETH) 第 2 層擴展解決方案 Arbitrum (ARB)。

“ARB what about this chart is bearish? I would enter from here down to $2 and assume this is a great entry. Still bullish on ETH beta for now.”

「ARB 這張圖表怎麼看跌？我會從這裡以 2 美元的價格進入，並認為這是一個很好的進入。目前仍看好 ETH beta。”

Arbitrum is trading for $2.30 at time of writing, up nearly 6% in the last 24 hours.

截至撰寫本文時，Arbitrum 的交易價格為 2.30 美元，在過去 24 小時內上漲了近 6%。

Lastly, the trader believes that smart contract protocol Avalanche (AVAX) may retest lower Fibonacci retracement levels and could briefly dip below $30.

最後，該交易員認為，智能合約協議 Avalanche (AVAX) 可能會重新測試較低的斐波那契回撤水平，並可能短暫跌破 30 美元。

“AVAX: I suspect that a lot of these projects are going to bounce at key fib levels. AVAX did at the .382 ($34.13). Still think this one trades a bit lower to be honest. Nabbing sub-$30 would be solid.”

「AVAX：我懷疑其中很多項目都會在關鍵的虛假水平上反彈。 AVAX 的價格為 0.382（34.13 美元）。說實話，仍然認為這個交易價格有點低。能拿到 30 美元以下就很穩了。”

Avalanche is trading for $37.46 at time of writing, down more than 4% in the last 24 hours.

截至撰寫本文時，Avalanche 的交易價格為 37.46 美元，在過去 24 小時內下跌超過 4%。