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The cryptocurrency market's complexities often leave investors relying on price charts and technical indicators for clarity. Moving averages are a key example. Recently, Dogecoin (DOGE), a prominent cryptocurrency, displayed a classic bearish pattern.

加密货币市场的复杂性通常会使投资者依靠价格图表和技术指标以确保清晰。 移动平均是一个关键示例。 最近，Dogecoin（Doge）是一种突出的加密货币，展示了经典的看跌图案。

A "death cross" formed on DOGE's chart as the 23-day moving average crossed below the 200-day moving average. This often signals a price decline, and indeed, DOGE's price subsequently dropped over 30%, from $0.24 to $0.164. Doge图表上形成了一个“死亡十字”，因为23天的移动平均线超过200天移动平均线。这通常标志着价格下跌，实际上，Doge的价格随后下跌了30％，从0.24美元下降到0.164美元。

Further downward pressure may be imminent. A second death cross is approaching, this time involving the 50-day moving average crossing below the 200-day moving average. While a short-term death cross already caused a 30% drop, this longer-term indicator suggests potential for further declines. While a reversal is possible, given current market trends, it seems less likely.

进一步的向下压力可能迫在眉睫。 第二个死亡十字架即将接近，这次涉及50天移动平均线以下的5天移动平均线。 虽然短期死亡交叉已经导致30％下降，但该长期指标表明可能进一步下降。 虽然可以进行逆转，但考虑到当前的市场趋势，似乎较少的可能性。

The situation highlights the reactive nature of the market. The consequences of another death cross are predictable, but until it occurs, the potential for further Dogecoin price decreases remains. Read original article on U.Today

这种情况突出了市场的反应性。 另一个死亡十字架的后果是可以预测的，但是在发生之前，还存在进一步的狗狗价格下降的可能性。阅读有关U.Today的原始文章