Dogecoin Faces Downside Risk as Market Value Falls Below Realized Value

随着市场价值低于实现价值，Dogecoin面临下行风险

The Market Value to Realized Value (MVRV) Ratio for Dogecoin (DOGE) has dipped below its 200-day moving average, signaling a bearish trend. Historically, this has led to significant price declines for DOGE:

Dogecoin（Doge）（Doge）的实现价值（MVRV）的市场价值降至其200天移动平均线以下，这表明看跌趋势。从历史上看，这导致了Doge的大幅下降：

• Fall 2023: 26% drop
• Summer 2024: 44% drop

The MVRV Ratio indicates that many holders are in a losing position, increasing selling pressure. Bollinger Bands suggest a potential 20% decline from current levels, bringing DOGE to a critical support zone around $0.219.

2023年秋季：26％的Dropsummer 2024：44％Dropthe MVRV比率表明许多持有人处于损失的位置，增加了销售压力。 Bollinger乐队表明，​​目前的水平有可能下降20％，将Doge带到了0.219美元左右的关键支持区。

Market Dynamics Affect DOGE

市场动态影响道路

The broader market plays a significant role in DOGE's price action. With Bitcoin struggling to reach six figures and altcoins experiencing volatility, it's difficult to be optimistic about DOGE's short-term prospects.

更广泛的市场在Doge的价格行动中起着重要作用。由于比特币努力达到六位数和山寨币的波动性，因此很难对Doge的短期前景感到乐观。

Dogecoin ETF Anticipation

Dogecoin ETF期望

The proposed Dogecoin ETF could potentially bring positivity. The theory suggests that once approved, funds will flow from Bitcoin ETFs to DOGE ETFs.

拟议的狗狗ETF可能会带来积极性。该理论表明，一旦获得批准，资金将从比特币ETF流向Doge ETF。

Note: Original article from U.Today has been filtered to remove CSS, JavaScript, and advertising content.

注意：U.Today的原始文章已被过滤以删除CSS，JavaScript和广告内容。