You can also read this news on BH NEWS: Bitcoin Breaks $71,000 While Dogecoin Shows Potential Downturn Risk
您还可以在 BH NEWS 上阅读此新闻:比特币突破 71,000 美元,而狗狗币显示潜在的下滑风险
The cryptocurrency market continues to exhibit a positive trend with Bitcoin crossing the $71,000 mark. However, the market’s performance is not uniform, as Dogecoin, the leading meme cryptocurrency by market capitalization, indicates possible depreciation risks.
加密货币市场继续呈现积极趋势,比特币突破 71,000 美元大关。然而,市场表现并不一致,作为市值领先的模因加密货币,狗币表明可能存在贬值风险。
Market Dynamics and Dogecoin’s Performance
市场动态和狗狗币的表现
Dogecoin’s inability to breach the $0.23 level has coincided with Bitcoin’s volatile price movements. With upcoming U.S. inflation data on the horizon, the market is bracing for potential impacts. If inflation fails to retreat, there may be talks of re-evaluating the expected 75 basis point annual reduction in interest rates. Market sentiment is wavering as the initial optimism around interest rate projections diminishes.
狗狗币无法突破 0.23 美元的水平与比特币价格的波动同时发生。随着美国即将公布的通胀数据,市场正在为潜在的影响做好准备。如果通胀未能回落,可能会讨论重新评估预期的每年75个基点的降息。随着最初围绕利率预测的乐观情绪减弱,市场情绪正在动摇。
Dogecoin’s price trajectory on the 8-hour chart suggests an uptrend, but a detailed examination uncovers a greater risk of a downturn. Bearish patterns are emerging, and the profit rate for Dogecoin investors over the past 30 days stands at 9.2%. Historically, a 30-day MVRV ratio between 8% and 18% has often led to price corrections, causing supporters to question the sustainability of current support levels.
狗狗币 8 小时图表上的价格轨迹显示出上涨趋势,但详细检查发现存在更大的下跌风险。看跌模式正在显现,过去 30 天狗狗币投资者的利润率为 9.2%。从历史上看,30 天 MVRV 比率在 8% 到 18% 之间往往会导致价格调整,导致支持者质疑当前支撑位的可持续性。
Forecasts and Current Price Trends
预测和当前价格趋势
Investor profitability is another factor to watch, as it currently hovers around 90%. If this figure approaches 95%, it typically signals impending price drops. Despite these concerns, Dogecoin maintains a price of $0.206 and a modest daily increase of 1.7%.
投资者盈利能力是另一个值得关注的因素,目前徘徊在 90% 左右。如果这个数字接近 95%,通常预示着价格即将下跌。尽管存在这些担忧,狗狗币仍维持 0.206 美元的价格,每日小幅上涨 1.7%。
Points to Consider
需要考虑的要点
- Dogecoin struggles to surpass the $0.23 resistance, while Bitcoin soars past $71,000.
- Upcoming U.S. inflation data could substantially influence market trends and interest rate discussions.
- Dogecoin displays bearish patterns that suggest possible price corrections and investor caution.
- The likelihood of a downturn in Dogecoin’s price increases with a higher 30-day MVRV ratio and investor profitability percentages nearing 95%.
狗狗币努力突破 0.23 美元的阻力位,而比特币则飙升至 71,000 美元以上。
即将公布的美国通胀数据可能会对市场趋势和利率讨论产生重大影响。
狗狗币显示看跌模式,表明可能出现价格调整和投资者谨慎。
狗狗币价格下跌的可能性随着 30 天 MVRV 比率的提高和投资者盈利百分比接近 95% 而增加。
While Dogecoin could see a price drop to around $0.127, a rupture in the bearish pattern might lead to a rise above $0.22. Nonetheless, the unpredictable nature of cryptocurrencies necessitates investor vigilance, with Bitcoin trading at $71,664 at the time of reporting.
虽然狗狗币的价格可能会跌至 0.127 美元左右,但看跌模式的破裂可能会导致价格上涨至 0.22 美元以上。尽管如此,加密货币的不可预测性需要投资者保持警惕,截至报告发布时,比特币的交易价格为 71,664 美元。
The post first appeared on BH NEWS: Bitcoin Breaks $71,000 While Dogecoin Shows Potential Downturn Risk
该帖子首次出现在 BH NEWS:比特币突破 71,000 美元,而狗狗币显示出潜在的下滑风险