A crypto analyst has explained what is going on with the Dogecoin price, why the decline happened, and where it could be headed next.

一位加密分析師解釋了Dogecoin價格的情況，為什麼下降發生了什麼以及接下來的情況。

Dogecoin Price Experienced A Liquidity Sweep

Dogecoin價格經歷了流動性

Crypto analyst Smart Flows, on the TradingView website, pointed out an interesting development on the Dogecoin price chart. This showed a clear delineation for why the meme coin’s price dropped below the $0.2 psychological support level, and it came down to something as clean as a liquidity sweep.

Crypto分析師Smart Flow在TradingView網站上指出了Dogecoin價格圖表上一個有趣的發展。這表明了為什麼模因硬幣的價格下降到0.2美元的心理支持水平，這一明確的描述歸結為像流動性一樣乾淨的東西。

The crypto analyst uses the 4-Hour order block on the Dogecoin price chart to explain this, starting just above the $0.22 price level. This saw a liquidity sweep through the Fair Value Gap (FVG) at the 0.5 Fibonacci level, breaking through the $0.2 support.

加密分析師在Dogecoin價格圖表上使用4小時訂單塊來解釋這一點，從高於0.22美元的價格水平開始。這使流動性在0.5斐波那契級別橫穿公允價值差距（FVG），打破了0.2美元的支持。

This move, Smart Flows explains, was in no way emotional and was more of a ‘mechanical’ move, suggesting it was engineered to happen. The outcome of this liquidity sweep is that there has now been a reset of sentiment surrounding the Dogecoin price, setting the stage for a potential reversal. If this is the case, then Dogecoin may be sitting on the cusp of what could be the next major rally above $0.2.

Smart Flow解釋說，這一舉動絕不是情感上的，而更像是“機械”的舉動，這表明它是經過設計的。這種流動性席捲的結果是，圍繞Dogecoin價格的情緒現在已經存在，為潛在的逆轉奠定了基礎。如果是這種情況，那麼Dogecoin可能會坐在下一個高於$ 0.2的下一次重大集會上。

What To Expect Next From Here

接下來要從這裡期待什麼

According to the crypto analyst, Dogecoin is now sitting in a 4-Hour demand order block zone that is in confluence with the Fair Value Gap (FVG). This makes the $0.20928 level the first “key reaction point,” and the analyst points out two possibilities for the meme coin here: either the price continues to stall or consolidation begins at this level.

根據這位加密分析師的說法，Dogecoin現在正坐在與公允價值差距（FVG）匯合的4小時需求訂單區域中。這使得$ 0.20928的水平是第一個“關鍵反應點”，分析師在這裡指出了模因硬幣的兩種可能性：要么價格繼續下降或合併在此級別開始。

Basically, the Dogecoin price has to be able to beat the first major test at $0.209 before moving higher from here. This means it must complete a clean clearance of the FVG to grab liquidity above. After this, the real test begins at $0.22094, where the next major 4-Hour order block sits. The analyst explains that being able to clear the FVG will mean a continuation model is in play.

基本上，Dogecoin的價格必須能夠以0.209美元的價格擊敗第一個主要測試，然後再從這裡移動。這意味著它必須完成清除FVG的清除，以獲取上方的流動性。在此之後，實際測試起價為0.22094美元，下一個主要的4小時訂單塊位於其中。分析師解釋說，能夠清除FVG將意味著持續模型正在發揮作用。

However, there is still the possibility that the Dogecoin price is rejected before it is able to clear the FVG. In this case, it could signal a further downtrend for the altcoin. “If we reject early — that tells me distribution is starting, and I’ll prep for a secondary sweep below 0.18 to retest the deeper 4H OB near 0.16387,” the analyst concluded.

但是，仍然有可能在能夠清除FVG之前拒絕Dogecoin的價格。在這種情況下，它可能會給山寨幣帶來進一步的下降趨勢。這位分析師總結說：“如果我們提早拒絕 - 這告訴我分配已經開始，我將準備低於0.18的次要掃描，以重新測試更深的4H OB在0.16387附近。”