隨著迷因狂熱的消退，狗狗幣暴跌，交易員預計損失更大

自今年年初以來，加密貨幣市場呈現看漲趨勢，迷因幣越來越受歡迎。根據 IntoTheBlock 的數據，上個月持有 Meme 幣時間少於 30 天的地址數量創下歷史新高。然而，主導迷因幣的狗狗幣（DOGE）最近幾天價格下跌，目前交易價格為 0.181 美元，較過去一周下跌 15.33%。

Dogecoin Plunges Amidst Memecoin Frenzy, Traders Brace for Further Decline

狗狗幣在 Memecoin 狂潮中暴跌，交易者準備迎接進一步下跌

Market Analysis

市場分析

The cryptocurrency market has embarked on a remarkable bull run since the dawn of 2023, with memecoins, led by Dogecoin (DOGE), taking center stage. However, recent market movements have cast a shadow over the once-soaring DOGE, signaling a potential reversal of its upward trajectory.

自 2023 年初以來，加密貨幣市場開始了一場引人注目的牛市，其中以狗狗幣 (DOGE) 為首的迷因幣佔據了中心舞台。然而，最近的市場走勢給一度飆升的狗狗幣蒙上了陰影，預示著其上漲軌跡可能會逆轉。

According to IntoTheBlock's latest data, the number of addresses holding meme coins for less than a month hit an all-time high last month. This surge reflects a substantial influx of new investors seeking to capitalize on the memecoin phenomenon.

根據IntoTheBlock的最新數據，上個月持有meme幣不到一個月的地址數量創下歷史新高。這種激增反映出大量新投資者湧入，尋求利用迷因幣現象。

Amidst the broader memecoin mania, DOGE, the undisputed leader in both trader count and transaction volume, has endured a significant price decline in recent days. As of press time, DOGE is hovering around $0.181, marking a substantial 15.33% depreciation over the past week.

在更廣泛的模因幣熱潮中，DOGE 作為交易者數量和交易量無可爭議的領先者，最近幾天經歷了價格的大幅下跌。截至發稿，DOGE 徘徊在 0.181 美元附近，過去一周大幅貶值 15.33%。

Technical indicators paint a concerning picture for DOGE's immediate future. The Chaikin Money Flow (CMF) has nosedived to -0.11, indicating a pronounced outflow of money from the asset. This disparity between selling pressure and buying interest is a significant contributor to DOGE's falling price.

技術指標為 DOGE 近期的未來描繪了一幅令人擔憂的圖景。 Chaikin 資金流量 (CMF) 已暴跌至 -0.11，顯示資金明顯從該資產流出。拋售壓力和購買興趣之間的這種差異是 DOGE 價格下跌的重要原因。

The declining On-Balance Volume (OBV) further validates the presence of a downtrend. OBV reflects diminishing trading volume accompanying falling prices, offering a clear indication of a bearish market sentiment.

平衡交易量（OBV）的下降進一步證實了下降趨勢的存在。 OBV 反映了交易量隨著價格下跌而減少，清楚地表明了看跌的市場情緒。

Holder Sentiment and Market Dynamics

持有者情緒和市場動態

Despite the recent price decline, DOGE's MVRV ratio remains elevated, suggesting that many holders are still in a position of profitability. This raises questions about whether these holders will maintain their DOGE positions or succumb to selling pressure amidst the current market conditions.

儘管近期價格下跌，DOGE 的 MVRV 比率仍然較高，這表明許多持有者仍處於盈利狀態。這引發了人們的疑問：在當前市場狀況下，這些持有者是否會維持其 DOGE 頭寸，還是屈服於拋售壓力。

Interestingly, the number of DOGE holders has witnessed a steady increase despite the price fluctuations. This could potentially lay the groundwork for a reversal of the bearish trend, with a possible upswing towards the $0.2 mark.

有趣的是，儘管價格波動，DOGE 持有者數量卻穩定成長。這可能為逆轉看跌趨勢奠定基礎，可能上漲至 0.2 美元大關。

External factors such as DOGE's social popularity and endorsements from high-profile figures like Elon Musk are expected to continue playing a significant role in shaping its price movements.

DOGE 的社會知名度和埃隆馬斯克等知名人士的認可等外部因素預計將繼續在影響其價格走勢方面發揮重要作用。

Investor Outlook

投資者展望

As the cryptocurrency market continues its dynamic evolution, investors and traders alike will keep a watchful eye on the performance of DOGE and other memecoins. The volatility inherent in this sector demands a cautious approach, with market sentiment and technical indicators serving as key guiding factors for investment decisions.

隨著加密貨幣市場繼續動態發展，投資者和交易者都將密切關注 DOGE 和其他迷因幣的表現。該行業固有的波動性需要謹慎行事，市場情緒和技術指標是投資決策的關鍵指導因素。

It remains to be seen whether DOGE can defy the current bearish trend or succumb to further decline. However, the interplay between holder sentiment, market dynamics, and external influences will undoubtedly influence its trajectory in the coming weeks and months.

DOGE 是否能夠抵抗當前的看跌趨勢或屈服於進一步下跌還有待觀察。然而，持有人情緒、市場動態和外部影響之間的相互作用無疑將影響其未來幾週和幾個月的走勢。