Dogecoin (DOGE) price dropped about 7% on June 6 to continue the broader crypto market sell-off as public spat between US President Donald Trump and his most celebrated backer, Elon Musk, escalated.

隨著美國總統唐納德·特朗普（Donald Trump）與他最著名的支持者埃隆·馬斯克（Elon Musk）之間的公眾爭議，Dogecoin（Doge）的價格在6月6日下降了約7％，繼續更廣泛的加密貨幣市場拋售。

The bear flag pattern on the weekly chart hints at a potential 66% drop to $0.06, while technical indicators suggest more downside pressure on the immediate term.

每週圖表上的熊旗模式暗示潛在的66％降至0.06美元，而技術指標則表明即時期限更大的下行壓力。

Dogecoin flips bearish as Trump threatens to cancel Musk’s subsidies

隨著特朗普威脅要取消馬斯克的補貼，狗狗幣翻轉看跌

Data from Cointelegraph Markets Pro and TradingView shows Dogecoin trading hands at $0.17 at the time of writing, down 14% over the last seven days.

CoIntelegraph Markets Pro和TradingView的數據顯示，Dogecoin交易在寫作時的交易價格為0.17美元，在過去的7天中下跌了14％。

The weekly candle chart shows that DOGE price is extending the three-week-long slide to 28%, and the coin could slide further as billionaire Musk escalated his public spat with Trump.

每週的蠟燭圖表顯示，Doge Price將三個星期的滑梯延長至28％，隨著億萬富翁Musk升級他與特朗普的公眾爭吵，硬幣可能會進一步滑動。

The fallout, which has been sparring in recent days after Musk’s official departure from the Department of Government Efficiency (DOGE) was announced, escalated on June 5 with Trump threatening to terminate Musk’s government subsidies and contracts, potentially saving “Billions and Billions of dollars.”

宣布馬斯克正式離開政府效率部（DOGE）的近幾天，這種後果在6月5日昇級後，特朗普威脅要終止馬斯克的政府補貼和合同，從而節省了數十億美元。 ”

Musk responded on X, claiming Trump would have lost the 2024 presidential election without his support. He called Trump’s recent spending bill the “Big Ugly Bill” and backed calls for his impeachment.

馬斯克對X做出了回應，聲稱特朗普將在沒有他的支持的情況下失去2024年的總統大選。他稱特朗普最近的支出法案為“大醜陋的法案”，並支持他的彈each。

The Big Ugly Bill will INCREASE the deficit to $2.5 trillion! https://t.co/jEMS6coT3V

大醜陋的賬單將使赤字增加到2.5萬億美元！ https://t.co/jems6cot3v

Musk, a vocal Dogecoin supporter, has historically influenced its price through endorsements, such as tweets or Tesla’s partial acceptance of DOGE for payments. Dogecoin jumped more than 25% in a single day in 2022 after Tesla began accepting DOGE for selected merchandise.

聲帶的支持者馬斯克（Musk）歷來通過認可，例如推文或特斯拉（Tesla）部分接受Doge付款。在特斯拉開始接受選定商品的Doge之後，Dogecoin在2022年的一天中躍升了25％以上。

In 2023, DOGE price spiked more than 30% within 24 hours after Musk replaced the bluebird logo on the Twitter (now X) website with an image of a shiba inu, the memecoin’s canine logo.

2023年，在馬斯克在Twitter（現為X）網站上取代藍鳥徽標的24小時內，Doge Price用Memecoin的犬犬徽標的shiba Inu的圖像取代了藍鳥徽標。

Dogecoin again soared alongside other cryptocurrencies after Trump’s election victory in November 2024, following a campaign that Musk and the crypto industry heavily backed.

在特朗普大選在2024年11月勝利之後，Dogecoin再次與其他加密貨幣一起飆升，此前Musk和加密貨幣產業大力支持了一項競選活動。

The escalating conflict has led to a broader market sell-off. Investors now fear that reduced backing from Musk could dampen crypto sentiment and DOGE’s speculative appeal, pushing its price down.

不斷升級的衝突導致了更廣泛的市場拋售。現在，投資者擔心，馬斯克的支持減少會削弱加密情緒和杜格的投機性吸引力，從而降低了價格。

Dogecoin bear flag targets below $0.1

Dogecoin Bear Flag目標低於$ 0.1

On the weekly chart, DOGE has confirmed a bear flag pattern after dropping below the lower boundary of the flag at $0.20.

在每週圖表上，Doge在旗幟下方下降以下$ 0.20之後確認了熊旗圖案。

Dogecoin’s price is currently testing the support level at $0.15, aligning with the 100-weekly simple moving average (SMA).

Dogecoin的價格目前正在測試支持水平為0.15美元，與100週的簡單移動平均線（SMA）保持一致。

Key support levels to watch on the downside are the 200-day SMA at $0.14 and the April 7 low at $0.13. A high volume move below these support levels could accelerate a sell-off toward the technical target of the prevailing chart pattern at $0.06, or a 66% decline from the current level.

值得關注的關鍵支持水平是200天的SMA $ 0.14，4月7日低點為0.13美元。低於這些支持水平的高量移動可能會加速售出的售罄現行圖表模式的技術目標，售價為0.06美元，或者比當前水平下降了66％。

The relative strength index (RSI) is below the midline and has dropped from 52 to 43 over the last three weeks, indicating an increasing bearish momentum. The RSI’s value of 43 suggests that there is more room for the downside before oversold conditions set in again.

相對強度指數（RSI）低於中線，在過去三周中從52下降到43個，表明看跌勢頭增加。 RSI的價值為43，表明在再次設置的條件之前，還有更多的缺點空間。

As Cointelegraph reported, a sharp downturn from the 20-day EMA ($0.20), which aligns with the flag’s lower trendline as shown in the chart above, could increase the risk of a deeper correction to $0.14 or lower.

正如CoIntelegraph所報導的那樣，如上圖所示，20天EMA（0.20美元）的急劇下滑（0.20美元）與國旗的較低趨勢線保持一致，可能會使更深層更正的風險增加到0.14美元或更低。