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The DOGE indicator confirms that it is not in a profitable state. However, this also means that investors can seize the opportunity to buy on dips, but what are the risks?With the sharp decline in trading volume, the activity of dog coins has significantly decreased

With the sharp decline in trading volume, the activity of dog coins has significantly decreased.Bulls have the opportunity to gain a healthy entry point, but demand remains low

Standard Chartered Bank recently reported that due to the Ethereum ecosystem becoming a popular infrastructure for blockchain games and traditional asset tokenization, the price of native token Ethereum (ETH) is expected to increase fivefold in the next three years due to rising demand.Geoff Kendrick, head of digital asset research, predicts that the price of Ethereum has the potential to reach $8000 by the end of 2026

After breaking through the resistance level of $28000 again over the weekend, Bitcoin has fallen back to its lowest level since the end of September.Bitcoin (BTC) fell below $27000 for the first time since the beginning of this month on Wednesday, as the stock market rose for four consecutive days and bond yields fell for three consecutive days, failing to stimulate interest in cryptocurrency purchases

Yiming's Trading ExperienceAll content in this article is personal opinions and is for learning and communication purposes only. It is not used as an investment basis and should be operated based on it at your own risk

Despite a brief consolidation below $28K, Bitcoin prices remain positive.The 50 day and 200 day moving averages have avoided death crossing and restored positive alignment

Despite a brief consolidation below $28K, Bitcoin prices remain positive.The 50 day and 200 day moving averages have avoided death crossing and restored positive alignment

According to the Zhitong Finance APP, Bitcoin has fallen for the fifth consecutive day, breaking below $27000 per coin for the first time since September last year. Traders say the Middle East conflict has affected investor sentiment

In 2023, the cryptocurrency world is witnessing the revival of meme coins. Although some mature meme coins such as DOGE and SHIB are gaining popularity among newcomers, other meme coins are rising with unique features and increased practicality

Since July 2023, the daily trading volume of dog coins has been decreasing. In the past 24 hours, the price of dog coins has also dropped by more than 3%

The $1735 level has been strongly resisted, and prices have been declining since then.If the price breaks through the resistance level of $1665, it may be tested again for $1735

Against the backdrop of rising US treasury bond bond yields, a stronger US dollar and geopolitical uncertainty, the world's leading cryptocurrency, Bitcoin (BTC), continues to face challenges in returning to the US $28000 level.However, according to a report by Reflexity, a digital asset research firm, despite these obstacles, Bitcoin remains the best-performing asset class in 2023, with an impressive year to date (YTD) return of 63