Technical Analysis: Dogecoin (DOGE) Indicates Potential Downtrend

技术分析：狗狗币（DOGE）表明潜在的下跌趋势

Dogecoin (DOGE) is currently under close scrutiny from analysts after showing signs of a retracement despite a recent price surge.

尽管近期价格飙升，狗狗币（DOGE）仍显示出回调迹象，目前正受到分析师的密切关注。

Failed DOGE Price Spike

DOGE价格飙升失败

Alan Santana, a popular cryptocurrency analyst on TradingView, recently updated his outlook on DOGE's price action, stating, "I believe I recently shared bullish analysis on DOGE. If you read it, this is an important update."

TradingView 上受欢迎的加密货币分析师艾伦·桑塔纳 (Alan Santana) 最近更新了他对 DOGE 价格走势的展望，他表示：“我相信我最近分享了对 DOGE 的看涨分析。如果你读过它，就会发现这是一个重要的更新。”

According to Santana, the recent surge in DOGE's price has culminated in a failed bullish move.

Santana 表示，最近 DOGE 价格的飙升最终导致了看涨行动的失败。

The price spike encountered resistance at the same level that triggered a crash on August 5th. For the DOGEUSDT pair, this high was seen on July 21st around $0.14300, marked by the blue line on the chart.

价格飙升遇到了与 8 月 5 日引发崩盘相同水平的阻力。对于 DOGEUSDT 货币对来说，这个高点出现在 7 月 21 日的 0.14300 美元附近，如图表中的蓝线所示。

Since then, DOGE has retraced below this level, forming a rounded top pattern, which is often a bearish reversal signal. "Dogecoin is poised to move lower based on technicals, market conditions, and current signals," Santana added.

此后，DOGE回撤至该水平下方，形成圆顶形态，这通常是看跌反转信号。桑塔纳补充道：“根据技术、市场状况和当前信号，狗狗币准备走低。”

Potential Price Decline and Future Movement

潜在的价格下跌和未来走势

While DOGE is expected to experience a decline, Santana suggests that this could lead to the formation of a higher low. This means that while a pullback will occur, the lows reached should not be extreme.

虽然 DOGE 预计会下跌，但桑塔纳表示，这可能会导致形成更高的低点。这意味着虽然会出现回调，但所达到的低点不应太极端。

The decline is anticipated to take place around the August 5th lows, slightly above or below, but not significantly lower.

预计下跌将发生在 8 月 5 日低点附近，略高于或低于，但不会大幅下降。

"The good news is that these types of moves can result in a higher low, meaning the drop does not need to be too deep," Santana explained.

桑塔纳解释说：“好消息是，这些类型的走势可能会导致更高的低点，这意味着跌幅不需要太深。”

Trading and Investment Advice

交易和投资建议

For DOGE traders and holders, Santana advises closing long positions as he anticipates the price to continue declining over the next few weeks to months.

对于 DOGE 交易者和持有者，桑塔纳建议关闭多头头寸，因为他预计价格将在未来几周到几个月内继续下跌。

For those holding a spot position, he recommends selling now and buying back at a lower price. "If you're a long-term holder, you can just let the whole thing play out as this will likely only take a few weeks to months," Santana added.

对于那些持有现货头寸的人，他建议现在卖出并以较低的价格回购。桑塔纳补充道：“如果你是长期持有者，你可以让整个事情发生，因为这可能只需要几周到几个月的时间。”

Long-Term Projections and 2025 Growth Potential

长期预测和 2025 年增长潜力

For those who are long-term accumulators, Santana suggests holding their coins and buying more on the dips.

对于那些长期积累的人，桑塔纳建议持有他们的代币并在逢低买入更多。

"If you're a long-term holder, get comfortable holding and buying more on the way down. We're still looking at some massive growth in 2025," Santana stated optimistically.

“如果你是长期持有者，请放心持有，并在下跌时买入更多。我们仍期待 2025 年出现大幅增长，”桑塔纳乐观地表示。

As of writing, Dogecoin is trading at around $0.1402, showing a 1.87% gain in the last 24 hours. However, with bearish signals continuing to emerge on the charts, traders and investors are advised to remain cautious in the coming weeks.

截至撰写本文时，狗狗币的交易价格约为 0.1402 美元，过去 24 小时内上涨 1.87%。然而，随着图表上继续出现看跌信号，建议交易者和投资者在未来几周保持谨慎。