Dogecoin Faces Continued Bearish Pressure

狗狗币面临持续的看跌压力

Dogecoin's recent sharp decline has pushed it below the critical psychological level of $0.10. This decline has been accompanied by extremely low trading volumes, casting doubt on the asset's near-term recovery prospects.

狗狗币最近的大幅下跌已使其跌破 0.10 美元的关键心理水平。这种下跌伴随着极低的交易量，让人对该资产的近期复苏前景产生怀疑。

The accompanying chart indicates that Dogecoin's price is trending lower, with a bearish crossover between the 200-day and 50-day Exponential Moving Averages (EMAs) approaching.

附图显示，狗狗币的价格呈走低趋势，200 天和 50 天指数移动平均线 (EMA) 之间的看跌交叉即将到来。

This crossover, known as the "death cross," often signals a more severe correction. It is concerning that DOGE has failed to find support at the $0.10 level, which has historically provided support for the asset.

这种交叉被称为“死亡交叉”，通常预示着更严重的调整。令人担忧的是，DOGE 未能在 0.10 美元的水平上找到支撑，而该水平历来为该资产提供了支撑。

The most worrying factor at this point is the lack of volume. Declining volume often indicates that sellers are becoming exhausted and a reversal is possible. However, in the case of Dogecoin, the lack of buying support suggests that traders and investors may not be inclined to drive the price higher.

目前最令人担忧的因素是成交量不足。成交量下降通常表明卖家已经精疲力尽，并且可能出现逆转。然而，就狗狗币而言，缺乏购买支持表明交易者和投资者可能不愿意推高价格。

In the absence of significant inflows, the price is likely to continue its downward trajectory or remain stagnant in the lower price range. Moreover, Dogecoin is not receiving any support from the broader market environment.

在没有大量资金流入的情况下，价格可能会继续下行或在较低价格范围内停滞不前。此外，狗狗币没有得到更广泛市场环境的任何支持。

As a highly speculative asset, Dogecoin is unlikely to outperform the overall market in the absence of a surge in hype or external catalysts such as celebrity endorsements.

作为一种高度投机性的资产，在没有炒作或名人代言等外部催化剂的情况下，狗狗币不太可能跑赢整体市场。

In summary, Dogecoin's technical indicators point to the possibility of further downside pressure. The impending death cross between the 50-day and 200-day EMA signals an extended bearish phase. The breakdown of the $0.10 barrier, which was seen as crucial for maintaining bullish sentiment, is a significant concern.

综上所述，狗狗币的技术指标表明存在进一步下行压力的可能性。 50 日均线和 200 日均线之间即将出现的死亡交叉标志着看跌阶段的延长。 0.10 美元关口的突破被视为维持看涨情绪的关键，这是一个重大担忧。