发布: 2024/08/25 18:44 阅读: 527
Market Faces Seasonal Low as Dogecoin Experiences Price Drop
随着狗狗币价格下跌,市场面临季节性低点
On August 5th, the cryptocurrency market faced a seasonal low following a week of price declines. During this period, several cryptocurrencies, including Dogecoin (DOGE), experienced significant drops. DOGE's price plummeted to as low as $0.083 during the downturn. While there has been a subsequent price recovery, investors remain cautious about its sustainability.
8 月 5 日,加密货币市场在经历一周价格下跌后面临季节性低点。在此期间,包括狗狗币(DOGE)在内的几种加密货币经历了大幅下跌。 DOGE 的价格在经济低迷时期暴跌至 0.083 美元。尽管随后价格有所回升,但投资者对其可持续性仍持谨慎态度。
Dogecoin's Current Status
狗狗币的现状
Data from Santiment indicates that Dogecoin's recent price decline has pushed its Market Value to Realized Value (MVRV) Z-Score into negative territory. The MVRV Z-Score is an indicator used to determine whether a cryptocurrency is undervalued or overvalued relative to its fair value.
Santiment 的数据表明,狗狗币最近的价格下跌已将其市场价值与已实现价值 (MVRV) Z 分数推至负数区域。 MVRV Z 分数是用于确定加密货币相对于其公允价值是否被低估或高估的指标。
A positive MVRV Z-Score indicates that long-term investors are profiting more than short-term investors, which is generally seen as a sign of a potential bull market. Conversely, a negative value suggests that short-term holders are benefiting from the situation, potentially signaling a bear market.
MVRV Z 得分为正值表明长期投资者的利润高于短期投资者,这通常被视为潜在牛市的迹象。相反,负值表明短期持有者正在从这种情况中受益,可能预示着熊市。
src="/uploads/20240825/172458426866cb114c088cf.png">
It is noteworthy that this scenario was last observed in February before the significant market rallies. It was also seen in October 2023, marking the start of the current bull market, and in June 2022, when the bear market was firmly established.
值得注意的是,这种情况最后一次出现是在二月份市场大幅上涨之前。还出现在2023年10月,标志着当前牛市的开始,以及2022年6月,当时熊市已经牢固确立。
Currently, DOGE's MVRV Z-Score has entered negative territory, indicating that it meets one potential criteria for another rise. However, data from IntoTheBlock shows that the Bulls and Bears indicator is aligned with the MVRV value mentioned above.
目前,DOGE 的 MVRV Z 分数已进入负数区域,表明其满足再次上涨的潜在标准。然而,IntoTheBlock 的数据显示,牛市和熊市指标与上述 MVRV 值一致。
src="/uploads/20240825/172458426866cb114c088cf.png">
On-chain data reveals that bullish momentum is currently stronger than bearish sentiment. If this trend continues, a significant increase in Dogecoin's price may be witnessed in the near future.
链上数据显示,目前看涨势头强于看跌情绪。如果这种趋势持续下去,狗狗币的价格可能会在不久的将来出现大幅上涨。
Will DOGE Rise?
DOGE会崛起吗?
An analysis of DOGE's weekly price chart suggests that it is approaching a breakout from a descending triangle formation. Typically, if an asset falls below its support level, the trend is considered bearish. However, in DOGE's case, this scenario also presents the possibility of a move above the 78.6 Fibonacci retracement level.
对 DOGE 每周价格图表的分析表明,它正在接近下降三角形形态的突破。通常,如果资产跌破其支撑位,则趋势被视为看跌。然而,就 DOGE 而言,这种情况也存在突破 78.6 斐波那契回撤位的可能性。
src="/uploads/20240825/172458426866cb114c088cf.png">
The 78.6 Fib level is commonly used to identify potential price targets before reaching the primary objective. Based on the chart above, DOGE's price could reach $0.16 in the medium term. With a successful upward breakout, DOGE could potentially climb as high as $0.22. However, if sentiment reverses and the breakout is downward, DOGE could retrace to $0.049.
78.6 Fib 水平通常用于在达到主要目标之前确定潜在的价格目标。根据上图,DOGE 的价格在中期可能达到 0.16 美元。如果成功向上突破,DOGE 可能会攀升至 0.22 美元。然而,如果情绪逆转并且突破向下,DOGE 可能会回落至 0.049 美元。