Crypto Market Correction Impacts Dogecoin (DOGE) and Bitcoin (BTC)
加密货币市场调整影响狗狗币(DOGE)和比特币(BTC)
The global cryptocurrency market has experienced a price adjustment, dropping from $3.31 trillion to $3.11 trillion over the past two days. This has led to a decline in the value of coins such as Dogecoin (DOGE) and Bitcoin (BTC).
全球加密货币市场经历了价格调整,这两天从 3.31 万亿美元跌至 3.11 万亿美元。这导致狗狗币(DOGE)和比特币(BTC)等代币价值下跌。
Bitcoin has fallen below $93,000, while Dogecoin is trading at $0.38, representing a 20% decrease. Analysts anticipate that DOGE will stabilize or move sideways before reaching oversold levels.
比特币已跌破 93,000 美元,而狗狗币的交易价格为 0.38 美元,跌幅为 20%。分析师预计,DOGE 在达到超卖水平之前将企稳或横盘整理。
Correction Following November Rally
十一月反弹后的修正
The exceptional price surge in November, triggered by Donald Trump's election victory, has come to an end with the recent correction.
唐纳德·特朗普 (Donald Trump) 当选总统引发的 11 月份价格异常飙升,随着最近的调整而结束。
Since November 25, the market capitalization of the crypto market has dropped from a peak of $3.31 trillion to $3.11 trillion on November 27. This indicates profit-taking by market makers and investors following substantial gains in most coins this month.
自11月25日以来,加密货币市场的市值已从3.31万亿美元的峰值下降至11月27日的3.11万亿美元。这表明本月大多数币种大幅上涨后,做市商和投资者纷纷获利了结。
Impact on Bitcoin and Dogecoin
对比特币和狗狗币的影响
The correction has delayed Bitcoin's projection of reaching $100,000, as it has retreated to the $91,000 level. Similarly, DOGE's momentum at $1 last week has dissipated, with the coin experiencing a significant decline.
这次调整推迟了比特币达到 100,000 美元的预测,因为它已经回落至 91,000 美元的水平。同样,DOGE 上周达到 1 美元的势头也已消散,该代币经历了大幅下跌。
Dogecoin's price correction began earlier than the overall crypto market, dropping to $0.47 on November 23, a 20% decrease. It has since fallen further to $0.38.
狗狗币的价格调整早于整个加密货币市场开始,于 11 月 23 日跌至 0.47 美元,跌幅为 20%。此后进一步跌至 0.38 美元。
Technical Analysis
技术分析
Prior to the correction, Dogecoin's Relative Strength Index (RSI) reached 85 points, indicating extreme overbought conditions and signaling an impending price correction.
在调整之前,狗狗币的相对强弱指数 (RSI) 达到 85 点,表明极端超买状况并预示价格即将调整。
After the decline, Dogecoin has now entered oversold territory, suggesting that the bearish trend may soon end or stabilize within the next few days.
下跌之后,狗狗币现已进入超卖区域,表明看跌趋势可能很快结束或在未来几天内企稳。
Historical Patterns and Outlook
历史格局与展望
Historically, the end of the year is a period of reduced activity in the cryptocurrency market as investors prioritize profit-taking and relaxation during the holiday season. Traders should anticipate that Dogecoin and other coins may experience further declines in December.
从历史上看,年底是加密货币市场活动减少的时期,因为投资者在假期期间优先考虑获利了结和放松。交易者应该预计狗狗币和其他代币可能会在 12 月经历进一步下跌。
However, Dogecoin may rebound faster than others due to entering the correction period earlier. It has already gained 6% in the past eight hours.
然而,由于较早进入调整期,狗狗币可能会比其他币反弹得更快。过去八小时内已上涨 6%。
Positive Outlook for DOGE Holders
DOGE 持有者的积极前景
DOGE holders may find solace in the positive outlook painted by the coin's affiliation with Tesla CEO Elon Musk. Musk's involvement in the Trump administration could potentially benefit Dogecoin.
DOGE 持有者可能会从该代币与特斯拉首席执行官埃隆·马斯克 (Elon Musk) 的关系所描绘的积极前景中找到安慰。马斯克参与特朗普政府可能会使狗狗币受益。
At the time of writing, Dogecoin has gained 0.56% over the past 24 hours, trading at $0.3916. Its trading volume has decreased 13.76% to $8.44 billion, while its market capitalization has risen to $57.54 billion.
截至撰写本文时,狗狗币在过去 24 小时内上涨了 0.56%,交易价格为 0.3916 美元。其交易量下降13.76%至84.4亿美元,而市值则上升至575.4亿美元。