Dogecoin（Doge）價格崩潰即將來臨？

在5月11日的盤中高潮為0.259美元之前，Dogecoin在一個月的盤中高潮之後，損失了高度，然後勢頭破裂。

Dogecoin price is losing altitude after a month-long advance that climaxed at an intraday high of $0.259 on May 11 saw momentum crack. The memecoin is changing hands near $0.228 today, capitalising the network at roughly $34 billion and leaving it 69$ below its 2021 peak.

在5月11日的賽盤高潮時，Dogecoin的價格在一個月的盤中高潮中降到了一個月的高潮，在5月11日鋸動量裂縫上達到了高度。 Memecoin今天將易手易手付費為0.228美元，使該網絡的資本約為340億美元，並使其低於2021年的峰值69美元。

From a purely statistical angle, the retreat is modest: Dogecoin is still up about 35% from the early-May floor at $0.164, yet the pattern of lower highs that has emerged since mid-month has sharpened traders’ focus on whether the token’s April-to-May impulse was corrective rather than impulsive.

從純粹的統計角度來看，撤退是適度的：Dogecoin仍然比五月早期的地板上漲約35％，但自一月中旬以來已經出現的較低高點的模式使交易者對代幣的四月到達 - 至關重要是否糾正了，而不是衝動而不是衝動。

Dogecoin Price Crash Incoming?

Dogecoin價格崩潰即將來臨？

Technical analyst More Crypto Online argues in his latest YouTube briefing that the structure of this advance "rallied in three waves like many other crypto charts into the Friday swing high," lacked the five-wave punch normally required to sustain upside continuation, and has already reversed into what looks like "a micro five-wave move down."

技術分析師More Crypto Online在他的最新YouTube簡報中說，這一進步的結構“像許多其他許多加密圖表一樣進入了星期五的鞦韆高中，“在三波浪潮中集會”，缺少通常需要維持上升延續所需的五波拳，並且已經逆轉了像“微型五波浪”下降的外觀。”

The Elliottician stated: "Doge rallied in three waves like many other crypto charts into the Friday swing high," he told viewers at the top of the clip, stressing that the advance from the April 26 trough "was just not convincing." The essence of his argument is that Dogecoin’s leap from $0.164 to the May 11 intraday peak at $0.259 never produced the five-wave structure that Elliott Wave theory associates with trend-sustaining moves.

這位埃利奧特尼亞人說：“像其他許多加密貨幣排列到星期五的鞦韆高點一樣，總督在三波浪潮中集會。”他的論點的本質是，Dogecoin從0.164美元到5月11日的盤中峰的飛躍從未產生埃利奧特波浪理論與趨勢維持的動作相關的五波結構。

Instead, price action has already begun what he counts as a "micro five-wave move down," thereby signalling that the April–May rise likely formed only the B-wave of a larger A-B-C correction. "As soon as the price breaks below the red dotted line at $0.21, the scenario for a larger pullback in the yellow count becomes confirmed," he said, adding that nothing on the chart currently invalidates that view.

取而代之的是，價格行動已經開始算作“微型五波往下移動”，從而表明四月 - 可能僅形成了較大的ABC校正的B波。他說：“一旦價格下出紅色虛線的價格為0.21美元，在黃色計數中更大的回調的情況就得到了確認。”

The “yellow” scenario envisages an extended C-wave unfolding in five sub-waves and targeting the 38.2 %–78.6 % Fibonacci retracement cluster derived from the April rally. In plain numbers, that translates to $0.199–0.183 in the coming sessions.

“黃色”場景設想了一個延長的C波在五個子波中展開，並以38.2％–78.6％的斐波那契回溯集群為目標。在即將到來的會議中，這簡單地說，這意味著$ 0.199-0.183。

“Testing $0.19.9 to $0.183 cents over the coming sessions seems like quite a probable outcome,” More Crypto Online said. “We already have a five-wave decline from yesterday’s high, so we have to be ready for potentially just corrective rallies and then a sharp decline in wave three.”

More Crypto Online說：“在即將到來的會議上，測試$ 0.19.9至$ 0.183美分似乎是一個可能的結果。” “我們已經從昨天的高點下降了五波，因此我們必須為潛在的糾正式集會做好準備，然後第三波急劇下降。”

That roadmap leaves room for a brief recovery wave—he calls it wave 2 of C—to probe initial resistance at $0.23.3 to $0.24.7. Yet the analyst cautioned that any bounce should remain "only corrective"; a decisive hourly close above $0.247 cents would be needed to resurrect the bullish "orange" count, which allows for one final extension of the previous advance.

該路線圖留出了短暫的恢復浪潮的空間（他稱其為C的2波），以探測初始阻力為0.23.3美元至0.24.7美元。然而，分析師警告說，任何彈跳都應保持“僅糾正”。需要每小時的果斷距離超過$ 0.247，以復活看漲的“橙色”計數，這允許對先前的進步進行最後的延長。

“Any decisive break above $0.247 cents might mean we’re already in the extension to the upside,” he acknowledged, though he quickly added that such an outcome "would again be invalidated with a break below the dotted red line."

他承認：“任何決定性的休息時間都超過0.247美分，可能意味著我們已經處於上升空間的範圍。”

Macro context is doing Dogecoin no favours. With Treasury yields pushing toward new quarterly highs and Fitcoin dominance creeping up, liquidity has drained from high-beta altcoins. Even January’s debut of the Grayscale Dogecoin Trust, which helped funnel institutional money into the asset earlier this year, has not arrested the rotation out of fringe tokens during May’s risk-off stretch.

宏觀上下文不喜歡狗狗。隨著財政部的產量，推動了新的季度高點，而Fitcoin優勢越來越大，因此流動性從高β山端銷售中排出。即使在一月份的首次亮相灰dogecoin信託基金會，該信託公司在今年早些時候將機構資金匯入了資產，但在5月的冒險範圍內並未將輪換從邊緣代幣中撤出。

From a market-structure standpoint, the token’s immediate fate boils down to whether bulls can defend the $0.21 pivot called out in the analysis. A daily close beneath that threshold would give bears licence to press toward $0.19, while a break of the $0.247-cent barrier is the only development the analyst concedes could "reduce the potential for that decline."

從市場結構的角度來看，令牌的直接命運歸結為公牛是否可以捍衛分析中徵收的0.21美元的樞紐。每天接近該門檻將授予熊許可證，以駛向0.19美元，而休息0.247美分的障礙是該分析師承認的唯一“減少這種下降的潛力”的發展。

At press time, DOGE traded at $0.228.

發稿時，Doge的交易價格為0.228美元。