Dogecoin偏离了既定的看涨趋势

Cryptorank数据表明，Dogecoin偏离了2021年公牛奔跑中的历史看涨趋势。最重要的模因硬币已经开始了一年的趋势

Dogecoin has started this year with a bearish trend, suffering significant crashes since January. In January, the meme coin closed the month with a meager 4% gain. However, its price has nosedived since the start of February, notching up a 20% loss.

Dogecoin已于今年开始以看跌趋势，自1月以来遭受了重大撞车事故。一月份，模因硬币以4％的幅度微不足道关闭。但是，自2月初以来，其价格已经昂贵，损失了20％。

This is a far cry from the bullish run that Dogecoin enjoyed at the start of 2021. Back then, DOGE recorded a 711% gain in January and followed it up with a 26% gain in February. The meme coin closed the first four months of 2021 in the green, notching up gains of 11% and 546% in March and April, respectively.

这与Dogecoin在2021年初所享受的看涨奔跑相去甚远。当时，Doge在一月份记录了711％的收益，随后在2月获得了26％的收益。模因硬币在2021年的前四个月中关闭了绿色，分别在3月和4月的收入分别提高了11％和546％。

But this 2025 bull run is playing out differently, especially with Dogecoin suffering a 20% loss this month and looking likely to close the month in the red. A monthly close in the red could invalidate similarities between the 2021 and 2025 bull runs and raise concerns about how this market cycle could play out.

但是，这种2025年的公牛奔跑的表现有所不同，尤其是在本月Dogecoin损失20％的情况下，看起来可能会在红色中结束。红色的每月结束可能会使2021年至2025年公牛奔跑之间的相似之处无效，并引起人们对这种市场周期如何发挥的担忧。

However, the historical trend in the 2017 bull run provides some optimism amid Dogecoin’s current price action in this bull run. In 2017, the meme coin started the year in the red, with a monthly loss of 7% and 2% in January and February, respectively. But DOGE went on a bull run the following three months, recording a gain of 59%, 124%, and 256% in March, April, and May, respectively.

但是，由于Dogecoin在这次公牛奔跑中的当前价格行动中，2017年公牛奔跑的历史趋势带来了一些乐观。 2017年，模因硬币以红色开始，每月损失7％和2％，分别为1月和2月。但是Doge在接下来的三个月中进行了公牛的比赛，在3月，4月和5月的收益分别为59％，124％和256％。

DOGE still at risk of further crashes in the short term

在短期内，门槛仍然有进一步崩溃的风险

Meanwhile, crypto analyst Ali Martinez has suggested that Dogecoin is still at risk of further price crashes in the short term.

同时，加密分析师阿里·马丁内斯（Ali Martinez）建议，狗狗币在短期内仍处于进一步的价格崩溃的危险中。

In an X post, the analyst revealed that DOGE just saw a death cross between the market value to realized value (MVRV) and its 200-day moving average (MA). He added that the last two times this happened, prices dropped 26% and 44%.

在X帖子中，分析师透露，Doge刚刚看到具有实现价值的市场价值（MVRV）与其200天移动平均线（MA）之间的死亡交叉。他补充说，这发生了最后两次，价格下降了26％和44％。

At the time of writing, the Dogecoin price is trading at around $0.26, down over 3% in the last 24 hours, according to data from CoinMarketCap.

根据CoinMarketCap的数据，在撰写本文时，Dogecoin价格的交易价格约为0.26美元，在过去24小时内下降了3％以上。