随着模因狂热的消退，狗狗币暴跌，交易员预计损失更大

自今年年初以来，加密货币市场呈现看涨趋势，模因币越来越受欢迎。根据 IntoTheBlock 的数据，上个月持有 Meme 币时间少于 30 天的地址数量创下历史新高。然而，主导模因币的狗狗币（DOGE）最近几天价格下跌，目前交易价格为 0.181 美元，较过去一周下跌 15.33%。

Dogecoin Plunges Amidst Memecoin Frenzy, Traders Brace for Further Decline

狗狗币在 Memecoin 狂潮中暴跌，交易者准备迎接进一步下跌

Market Analysis

市场分析

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 年初以来，加密货币市场开始了一场引人注目的牛市，其中以狗狗币 (DOGE) 为首的模因币占据了中心舞台。然而，最近的市场走势给一度飙升的狗狗币蒙上了阴影，预示着其上涨轨迹可能会逆转。

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.

根据IntoTheBlock的最新数据，上个月持有meme币不足一个月的地址数量创下历史新高。这种激增反映出大量新投资者涌入，寻求利用模因币现象。

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.

在更广泛的模因币热潮中，DOGE 作为交易者数量和交易量无可争议的领先者，最近几天经历了价格的大幅下跌。截至发稿，DOGE 徘徊在 0.181 美元附近，过去一周大幅贬值 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.

技术指标为 DOGE 近期的未来描绘了一幅令人担忧的图景。 Chaikin 资金流量 (CMF) 已暴跌至 -0.11，表明资金明显从该资产流出。抛售压力和购买兴趣之间的这种差异是 DOGE 价格下跌的重要原因。

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）的下降进一步证实了下降趋势的存在。 OBV 反映了交易量随着价格下跌而减少，清楚地表明了看跌的市场情绪。

Holder Sentiment and Market Dynamics

持有人情绪和市场动态

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.

尽管近期价格下跌，DOGE 的 MVRV 比率仍然较高，这表明许多持有者仍处于盈利状态。这引发了人们的疑问：在当前市场状况下，这些持有者是否会维持其 DOGE 头寸，还是屈服于抛售压力。

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，尽管价格波动，DOGE 持有者数量却稳步增长。这可能为逆转看跌趋势奠定基础，可能上涨至 0.2 美元大关。

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 的社会知名度和埃隆·马斯克等知名人士的认可等外部因素预计将继续在影响其价格走势方面发挥重要作用。

Investor Outlook

投资者展望

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.

随着加密货币市场继续动态发展，投资者和交易者都将密切关注 DOGE 和其他模因币的表现。该行业固有的波动性需要谨慎行事，市场情绪和技术指标是投资决策的关键指导因素。

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 是否能够抵抗当前的看跌趋势或屈服于进一步下跌还有待观察。然而，持有人情绪、市场动态和外部影响之间的相互作用无疑将影响其未来几周和几个月的走势。