Crypto analyst CrediBULL Crypto has revealed his bearish expectations for the foremost meme coin, Dogecoin (DOGE). Based on his analysis, the crypto token could drop to as low as $0.5 soon enough.
加密货币分析师 CrediBULL Crypto 透露了他对最重要的模因币狗狗币 (DOGE) 的悲观预期。根据他的分析,加密代币可能很快就会跌至 0.5 美元。
How Dogecoin Could Drop To As Low As $0.5
CrediBULL Crypto mentioned in an X (formerly Twitter) post that Dogecoin could drop to that price level depending on Bitcoin’s movement. He further revealed that he would be looking to open a short position if the meme coin first rose to between $0.18 and $0.20. Meanwhile, in a video posted on his YouTube channel, the analyst explained why he believed that Dogecoin could indeed drop this low.
狗狗币如何跌至 0.5 美元CrediBULL Crypto 在 X(以前称为 Twitter)帖子中提到,狗狗币可能会跌至该价格水平,具体取决于比特币的走势。他进一步透露,如果 meme 币首次上涨至 0.18 美元至 0.20 美元之间,他将寻求开设空头头寸。与此同时,在他的 YouTube 频道上发布的一段视频中,这位分析师解释了为什么他相信狗狗币确实会跌到这么低。
相关阅读:加密货币专家确认比特币减半后轮换已开始,投资者是否正在远离比特币?
According to CrediBULL Crypto, Bitcoin will likely suck a lot of liquidity from altcoins as it begins to rise. This will cause crypto tokens like Dogecoin to experience significant price declines since there isn’t enough liquidity to sustain an upward trend. Specifically, he noted that DOGE’s decline to $0.5 will come when Bitcoin hits $100,000, as he predicts that is when the flagship crypto token will suck up most of the liquidity in the market.
根据 CrediBULL Crypto 的说法,随着比特币开始上涨,它可能会从山寨币中吸收大量流动性。这将导致像狗狗币这样的加密代币价格大幅下跌,因为没有足够的流动性来维持上涨趋势。具体来说,他指出,当比特币触及 10 万美元时,DOGE 将跌至 0.5 美元,因为他预测届时旗舰加密代币将吸收市场上的大部分流动性。
The crypto analyst further claimed that although it might seem unfathomable, Dogecoin dropping to such lows is possible considering the massive rise it already made against its Bitcoin pair. As such, he stated that a 50% retracement is “nothing,” bearing this in mind.
这位加密货币分析师进一步声称,尽管狗狗币看起来不可思议,但考虑到狗狗币相对于比特币货币对已经大幅上涨,跌至如此低点是有可能的。因此,他表示,考虑到这一点,50% 的回撤“没什么”。
Going forward, he expects Dogecoin to face rejection, like other altcoins, on its next leg up and then drop to between $0.9 and $0.10. He added that a relief pump would likely follow after that, but the meme coin will face another rejection, which will cause its price to “come further down and bleed as Bitcoin skyrockets.”
展望未来,他预计狗狗币将像其他山寨币一样,在下一轮上涨中面临拒绝,然后跌至 0.9 美元至 0.10 美元之间。他补充说,此后可能会出现救济泵,但模因硬币将面临另一次拒绝,这将导致其价格“随着比特币的飙升而进一步下跌和流失”。
Dogecoin Will Still Rise To $1
Despite his bearish expectations for Dogecoin, CrediBULL Crypto “100%” agrees with those who have predicted that the meme coin will rise to $1 in this market cycle. He, however, remarked that this move won’t be as straightforward as some other crypto analysts claim it would be.
狗狗币仍将升至 1 美元尽管他对狗狗币抱有悲观预期,但 CrediBULL Crypto “100%” 同意那些预测 Meme 币将在本市场周期中升至 1 美元的人的观点。然而,他表示此举不会像其他一些加密货币分析师声称的那么简单。
Based on his expectations, CrediBULL Crypto disagrees that Dogecoin has bottomed out and will begin to move unfettered to the upside. Instead, he predicts that the meme coin will only make this move after liquidity in the crypto market has rotated to Bitcoin and major cap tokens. Once that is done, he expects that memes will be at the tail end of the rotation, and that is when Dogecoin will make this parabolic rise to $1.
相关阅读:Shiba Inu 首席开发人员 Shytoshi Kusama 透露了 ShibaSwap 2.0 的现状 根据他的预期,CrediBULL Crypto 不同意狗狗币已经触底并将开始不受约束地上涨。相反,他预测,只有在加密市场的流动性转向比特币和主要市值代币之后,模因币才会采取这一举措。一旦完成,他预计模因将处于轮换的尾部,届时狗狗币将以抛物线式上涨至 1 美元。
At the time of writing, Dogecoin is trading at around $0.16, up over 1% in the last 24 hours, according to data from CoinMarketCap.
根据 CoinMarketCap 的数据,截至撰写本文时,狗狗币的交易价格约为 0.16 美元,在过去 24 小时内上涨了 1% 以上。
DOGE price falls below $0.16 | Source: DOGEUSDT on Tradingview.com
DOGE 价格跌破 0.16 美元 |来源:Tradingview.com 上的 DOGEUSDT 精选图片来自 CNN,图表来自 Tradingview.com