XRP 和 DOGE 持續承壓，比特幣「聖誕老人集會」顯示出危險跡象

所謂的比特幣“聖誕老人集會”，通常是節日期間樂觀情緒和價格上漲的時期，已經開始顯現

Bitcoin’s so-called ‘Santa Rally,’ which usually brings optimism and price gains during the festive season, is beginning to show signs of potential trouble. After briefly dipping below the 50 EMA (violet) at $95,000, Bitcoin managed to recover and is currently trading close to $97,000. There are growing concerns that this rally may ultimately be forming a lower high, which is a classic indication of a downtrend continuation.

比特幣所謂的「聖誕老人集會」通常會在節日期間帶來樂觀和價格上漲，但現在開始顯示出潛在麻煩的跡象。在短暫跌破 50 EMA（紫色）95,000 美元後，比特幣成功反彈，目前交易價格接近 97,000 美元。人們越來越擔心這次反彈最終可能會形成一個較低的高點，這是下跌趨勢持續的典型跡象。

A lower high, if confirmed, could be setting the stage for a sharp price decline. Failure to push higher from levels around $104,000, which marks the previous highs, could see Bitcoin struggling to maintain the positive momentum observed in recent months. In the event of a failure to reclaim higher levels, we can expect to see Bitcoin gravitate towards key support zones, with the 100 EMA (light blue) at around $84,500 being a critical level to watch.

如果確認更高的高點，可能會為價格大幅下跌奠定基礎。如果未能從 104,000 美元左右的水平（即之前的高點）推高，比特幣可能難以維持近幾個月來觀察到的積極勢頭。如果未能恢復更高水平，我們預計比特幣將被吸引到關鍵支撐區域，其中 84,500 美元左右的 100 EMA（淺藍色）是值得關注的關鍵水平。

Rising selling pressure over recent weeks has been posing a threat to Bitcoin, which is now experiencing rapid shifts in sentiment and momentum. Despite the attempts by the asset to rally, volume indicators are painting a mixed picture. If this pattern continues, we may see the recent recovery in Bitcoin be short-lived, potentially trapping those who were expecting further gains.

最近幾週不斷上升的拋售壓力一直對比特幣構成威脅，比特幣目前正在經歷情緒和勢頭的快速轉變。儘管該資產試圖反彈，但成交量指標卻描繪出一幅喜憂參半的景象。如果這種模式繼續下去，我們可能會看到比特幣最近的復甦是短暫的，可能會困住那些期待進一步上漲的人。

This ties into the overall indecisiveness that has been present in Bitcoin. Failure to make a clear move above $100,000 could leave the market vulnerable to a steeper correction, with $84,500 and even $76,000 being potential targets in such a scenario.

這與比特幣中存在的整體優柔寡斷有關。如果未能明確突破 10 萬美元，市場可能會面臨更大幅度的調整，在這種情況下，84,500 美元甚至 76,000 美元都是潛在目標。

While Bitcoin’s Santa Rally may seem promising at first glance, traders and investors are increasingly finding themselves in a risky scenario. This rally is crucial, especially considering the potential for a lower high to be forming, and caution is advised as the market navigates the festive period. To the upside, there needs to be a clear breakout from resistance for bullish sentiment to be reignited, or the downtrend may gain further steam.

雖然比特幣的聖誕老人集會乍看之下似乎很有希望，但交易者和投資者越來越發現自己處於危險的境地。這次反彈至關重要，特別是考慮到可能形成更低的高點，建議市場在節日期間保持謹慎。從好的方面來看，需要明顯突破阻力位才能重新點燃看漲情緒，否則下跌趨勢可能會獲得進一步的動力。

XRP Stays Pressured As the broader downtrend is still very much in play, XRP continues to be pressured. The asset has been steadily declining over the past few weeks, forming a bearish channel that has brought it close to key support levels. In order to determine whether it will stabilize or continue lower, XRP is now testing its 26 EMA (white).

XRP 仍面臨壓力 由於更廣泛的下跌趨勢仍在發揮作用，XRP 繼續面臨壓力。該資產在過去幾週一直在穩步下跌，形成了一個看跌通道，使其接近關鍵支撐位。為了確定是否會穩定或繼續走低，XRP 目前正在測試其 26 EMA（白色）。

The ongoing downtrend raises concerns about the market conditions surrounding XRP. Combined with the declining trading volumes, the descending channel indicates a lack of conviction from investors to see a strong return to the market. This vulnerability to selling pressure is amplified if the broader market sentiment turns sour.

持續的下跌趨勢引發了人們對 XRP 市場狀況的擔憂。結合交易量的下降，下降通道顯示投資者對市場強勁回歸缺乏信心。如果更廣泛的市場情緒轉壞，這種面對拋售壓力的脆弱性就會被放大。

Despite the bearish short-term outlook, XRP has managed to maintain a relative stability around its 26 EMA. A sustained hold above this level could offer some respite for the asset, as it has acted as a crucial support during volatile periods in the past. However, a break below this level would likely accelerate the decline and bring XRP closer to the $1.80-$1.50 range, which houses the 50 EMA (violet) and other historical supports.

儘管短期前景看跌，XRP 仍設法在 26 EMA 附近保持相對穩定。持續保持在這一水平之上可能會為該資產帶來一些喘息的機會，因為它在過去的波動時期起到了關鍵的支撐作用。然而，跌破該水平可能會加速下跌，並使 XRP 接近 1.80-1.50 美元區間，該區間包含 50 EMA（紫色）和其他歷史支撐位。

The overall structure of the asset should also keep market participants on edge. Failure to mount a strong recovery or break above key resistance levels around $2.50 raises concerns about XRP’s medium-term outlook. Reversing the bearish sentiment and restoring investor confidence largely depends on a successful breakout from this resistance.

該資產的整體結構也應該讓市場參與者感到緊張。未能強勁復甦或突破約 2.50 美元的關鍵阻力位引發了人們對 XRP 中期前景的擔憂。扭轉看跌情緒並恢復投資者信心很大程度上取決於能否成功突破這一阻力位。

At the moment, XRP’s position is both crucial and vulnerable. The broader downtrend poses serious risks, even though the asset has shown resilience close to its 26 EMA. Traders and investors should keep a close eye on a potential breach of the 1.80 level, which could indicate a steeper correction. However, if stability is maintained above the 26 EMA, we may see a slow recovery, although it would require substantial buying pressure to change the trend.

目前，XRP 的地位既至關重要又很脆弱。儘管該資產表現出接近 26 EMA 的彈性，但更廣泛的下跌趨勢帶來了嚴重的風險。交易者和投資者應密切關注1.80水平的潛在突破，這可能預示著更大幅度的調整。然而，如果保持穩定在 26 EMA 之上，我們可能會看到緩慢的復甦，儘管這需要巨大的買盤壓力才能改變趨勢。

DOGE Losing Relevance? Continuing over the past few weeks, Dogecoin’s trading volume remains concerning, reflecting the momentum that is fizzling out. A lack of any substantial activity in the market is both worrying and interesting, considering the bearish outlook at the moment. Low volume, from a bearish perspective, often ties into a lack of demand, which can amplify the selling pressure.

DOGE 失去相關性？過去幾週，狗狗幣的交易量仍然令人擔憂，反映出其勢頭正在減弱。考慮到目前的悲觀前景，市場缺乏任何實質活動既令人擔憂又有趣。從看跌的角度來看，低成交量往往與需求不足有關，放大拋售壓力。

Without making any headway, DOGE has struggled to break through key resistance levels, which now hover at around $0.34. This stagnation has contributed to the overall downtrend that began following its surge to $0.48. The low trading activity leaves DOGE vulnerable to further declines, as it indicates a reluctance from market participants to commit.

DOGE 未能取得任何進展，但一直難以突破關鍵阻力位，目前該阻力位徘徊在 0.34 美元左右。這種停滯導致了在飆升至 0.48 美元後開始的整體下跌趨勢。低交易活動使 DOGE 很容易進一步下跌，因為這表明市場參與者不願意做出承諾。

Still, there are some positive aspects to the muted volume. In many cases, during a downtrend, low volume can indicate an exhaustion of selling pressure. This could be hinting at a slowdown in bearish momentum, which might lead to a reversal, or at least a minor retracement. If the bulls can step in

儘管如此，低迷的成交量也有一些正面的一面。在許多情況下，在下跌趨勢中，低成交量可能表示拋售壓力已經耗盡。這可能暗示看跌勢頭放緩，從而可能導致逆轉，或至少是小幅回檔。如果公牛能夠介入