Dogecoin Technical Metrics Signal Caution for Investors

Dogecoin技术指标对投资者表示谨慎

Dogecoin's technical and on-chain metrics raise concerns that investors should not ignore. Based on an analysis by Ali, the MVRV ratio for DOGE has fallen below its 200-day moving average, an event that has historically preceded price crashes of up to 44%.

Dogecoin的技术和链度指标引起了人们对投资者不应忽略的担忧。根据ALI的分析，Doge的MVRV比率降至其200天的移动平均水平，这一事件历史上一直在价格崩溃之前高达44％。

The MVRV ratio (Market Value to Realized Value) compares Dogecoin's current market capitalization to its realized capitalization, indicating potential overvaluation or undervaluation. A drop below the 200-day MA creates a "Death Cross," signaling potential price declines.

MVRV比率（市场价值与已实现价值）将Dogecoin当前的市值与已实现的资本化进行了比较，表明潜在的高估或低估。低于200天的MA下降会产生“死亡十字架”，这是潜在价格下降的信号。

Historical Precedents Suggest Caution

历史先例表明谨慎

Past Death Cross events for Dogecoin have coincided with significant price drops:

Dogecoin的过去死亡交叉事件与价格大幅下降相吻合：

• In late 2023, a Death Cross led to a 26% decline in DOGE's price.
• In mid-2024, a similar event triggered a 44% price drop.

These historical patterns raise caution, as the current situation aligns with these warning signs.

2023年下半年，死亡十字架导致了总督的价格下降了26％。在2024年中期，类似的事件引发了44％的价格下跌。这些历史模式引起了谨慎，因为当前情况与这些警告信号一致。

Declining Whale Activity

鲸鱼活动下降

Adding to the concern, crypto analyst Ali has observed an 88% decline in whale activity on the Dogecoin network since mid-November. Whales, who hold large amounts of cryptocurrency, often influence market movements. Their reduced activity suggests a lack of confidence in DOGE's short-term prospects.

除此之外，加密分析师Ali观察到自11月中旬以来，Dogecoin网络上的鲸鱼活动下降了88％。拥有大量加密货币的鲸鱼经常会影响市场变动。他们的活动减少表明对Doge的短期前景缺乏信心。

Implications for Investors

对投资者的影响

The simultaneous occurrence of these warning signs raises concerns for DOGE holders. History suggests that Dogecoin could experience another price correction in the upcoming weeks or months. The potential magnitude remains uncertain, but historical precedents indicate a possible range of 26% to 44%.

这些警告信号的同时出现引起了对门持有者的担忧。历史表明，在接下来的几周或几个月中，狗狗币可能会进行另一种价格更正。潜在的幅度仍然不确定，但历史先例表明可能的范围为26％至44％。

Note: This article has been edited to remove promotional content and irrelevant information.

注意：本文已编辑以删除促销内容和无关紧要的信息。