Dogecoin Price Correction Continues

狗狗币价格调整仍在继续

Since July 27th, Dogecoin's price has experienced a sustained downtrend, resulting in a nearly 16% market value loss. This decline shows no signs of abating.

自7月27日以来，狗狗币价格出现持续下跌趋势，导致市值损失近16%。这种下降没有显示出减弱的迹象。

August Performance and Historical Trends

八月表现及历史趋势

Despite the recent drawdown, Dogecoin's performance in August has been consistent with historical trends. The average Q3 price change for the past decade is 1.55%, with a median of -7.14%. August typically yields an average return of 0.28% and a median of -5.23%.

尽管最近有所回落，但狗狗币 8 月份的表现仍符合历史趋势。过去十年第三季度平均价格变化为1.55%，中位数为-7.14%。 8 月份的平均回报率为 0.28%，中位数为 -5.23%。

Buy-the-Dip Opportunity

逢低买入机会

On-chain data supports the "buy the dip" strategy. A buy signal for DOGE in early July remains valid, indicating a potential reversal. Furthermore, the 365-day Market Value to Realized Value (MVRV) dipped to -21% in July, suggesting that buyers from the past year are in a loss position. Historically, MVRV values between -15% and -30% have been favorable accumulation points, leading to price recoveries and rallies.

链上数据支持“逢低买入”策略。 7 月初 DOGE 的买入信号仍然有效，表明可能出现逆转。此外，7 月份 365 天市场价值与已实现价值 (MVRV) 跌至 -21%，表明过去一年的买家处于亏损状态。从历史上看，-15% 至 -30% 之间的 MVRV 值一直是有利的积累点，导致价格复苏和反弹。

Technical Outlook

技术展望

From a technical perspective, the current downtrend is expected to cease around the $0.107 and $0.113 support zone. If buyers enter at this level, it could trigger a significant uptrend.

从技术角度来看，当前的下跌趋势预计将在 0.107 美元和 0.113 美元支撑区域附近停止。如果买家在此水平进入，可能会引发显着的上升趋势。