A widely followed crypto analyst is warning that one Dogecoin (DOGE) rival could suddenly collapse as the digital assets markets stagnate.

一位广受关注的加密货币分析师警告称，随着数字资产市场停滞不前，狗狗币（DOGE）的竞争对手可能会突然崩溃。

Pseudonymous analyst Kaleo tells his 596,300 Twitter followers that Pepe (PEPE) could decline by more than 50% from its current value.

化名分析师 Kaleo 告诉他的 596,300 名 Twitter 粉丝，Pepe (PEPE) 的价值可能会比当前价值下跌 50% 以上。

The trader uses an inverse chart, which shows Pepe could suddenly decline in value from $0.000000787, at time of writing, to $0.000000390.

该交易员使用反向图表，显示 Pepe 的价值可能会突然从撰写本文时的 0.000000787 美元跌至 0.000000390 美元。

“I’m so bullish on PEPE here. Looks like it’s broken out and should easily run it back to the highs. Send it with haste.”

“我非常看好这里的 PEPE。看起来它已经突破，应该很容易回到高点。赶紧送去吧。”

Next, the trader says Bitcoin Cash (BCH) is likely going to keep declining on a downward trend as it retests a key support level at $191.21.

接下来，该交易员表示，比特币现金（BCH）可能会继续下跌，因为它重新测试了 191.21 美元的关键支撑位。

“BCH looks pretty damn heavy after the full retrace from last week’s pump. Send it lower.”

“在上周的上涨之后，BCH 看起来非常沉重。将其降低。”

The trader is also predicting Bitcoin Cash will continue on a descending triangle against Bitcoin (BTC).

该交易员还预测比特币现金兑比特币（BTC）将继续呈下降三角形。

“BCH/BTC looking for something like this.”

“BCH/BTC 正在寻找这样的东西。”

His chart suggests that BCH/BTC will dip to 0.00610 BTC ($157.76) within days. At time of writing, BCH/BTC is trading for 0.00745 BTC ($193).

他的图表显示，BCH/BTC 将在几天内跌至 0.00610 BTC（157.76 美元）。截至撰写本文时，BCH/BTC 的交易价格为 0.00745 BTC（193 美元）。

Kaleo also weighs in on Bitcoin. He predicts the crypto king will experience volatility until a decisive bull cycle will launch sometime in 2024-2025.

Kaleo 也对比特币发表了看法。他预测，加密之王将经历波动，直到 2024-2025 年某个时候决定性的牛市周期启动。

“Everything that happens through the end of the year is just noise to shake you out before the real fun begins in 2024/2025.”

“在 2024/2025 年真正的乐趣开始之前，年底发生的所有事情都只是噪音，让你感到震惊。”

He speculates that Bitcoin will dip down to around $21,000 in September, rally up to $34,000 in early October and retest $30,000 later that month.

他推测比特币将在 9 月份跌至 21,000 美元左右，在 10 月初反弹至 34,000 美元，并在当月晚些时候重新测试 30,000 美元。

He bases his prediction in part on how Bitcoin on average performs poorly in September and stronger in October.

他的预测部分基于比特币在 9 月份的平均表现不佳和 10 月份的平均表现。

“Bad Septembers lead to good Octobers / Novembers.”

“糟糕的九月会带来美好的十月/十一月。”

Bitcoin is trading for $25,912 at time of writing, down 1% in the last 24 hours.

截至撰写本文时，比特币交易价格为 25,912 美元，在过去 24 小时内下跌 1%。

Source: https://thebittimes.com/trader-says-one-dogecoin-doge-rival-could-easily-crash-by-over-50-updates-outlook-on-bitcoin-cash-bch-tbt62606.html