Recently, there has been a significant bearish pressure on the Dogecoin price, leading to a decline of over 12% this past week as it struggles to find strong support.

最近，狗狗幣的價格產生了巨大的看跌壓力，由於它努力尋求強烈的支持，因此過去一周下降了12％以上。

The recent market turbulence has left analysts questioning whether this downtrend will continue, and notably, one crypto market expert has weighed in on both fair and optimistic End-of-the-Year (EOY) targets for Dogecoin, offering insights into where the leading meme coin might be headed in this bull cycle.

最近的市場動盪使分析師質疑這種下降趨勢是否會繼續下去，尤其是，一位加密貨幣市場專家對Dogecoin的公平和樂觀的年度最終（EOY）目標都處於權衡，從而可以洞悉領先的Meme Coin在該公牛週期中可能會領導著領先的Meme Coin。

Dogecoin Price End Of The Year Targets

Dogecoin價格年底目標

Dogecoin has sparked concern amongst the broader crypto market following its recent pullback from previous highs. Despite sitting at a low of $0.19, one technical analysis by pseudonymous TradingView crypto expert TradingShot has forecasted a bullish fair value and optimistic end-of-year target for Dogecoin.

Dogecoin最近在以前的高點回調後引起了更廣泛的加密市場的關注。儘管價格低於0.19美元，但假名交易觀看Crypto Expert Tradingshot的一項技術分析預測了Bullish的公允價值和樂觀的Dogecoin年底目標。

The analyst offers a different perspective on Dogecoin’s ongoing downtrend—one that suggests that the price dip could mark the beginning of a final bullish leg of the current cycle. According to the corresponding chart, Dogecoin has respected a long-standing Fibonacci Channel Up structure, bouncing precisely from its 1W MA200, which acted as the cycle bottom in early April.

分析師對Dogecoin的持續下降趨勢提供了不同的看法，這表明價格下跌可以標誌著當前週期的最終看漲腿的開始。根據相應的圖表，Dogecoin尊重長期存在的斐波那契通道的UP結構，該結構恰好來自其1W MA200，該結構在4月初充當循環底部。

Notably, the price has since rebounded and is now consolidating around the 1W MA50, signaling a potential run to new highs.

值得注意的是，此後的價格已經反彈，現在正固結在1W MA50左右，這表明潛在的運行到新的高點。

TradingShot notes that Dogecoin’s current price behavior remains consistent with past market cycles, where, after testing the MA200, the meme coin began a sustained rally. The Channel Up structure has also historically guided the altcoin’s price movements, with major cycle tops coinciding with Fibonacci Extension levels.

Tradingshot指出，Dogecoin的當前價格行為與過去的市場週期保持一致，在測試MA200後，Meme Coin開始了持續的集會。渠道的UP結構還歷史上也指導了Altcoin的價格變動，主要周期與斐波那契的擴展水平相吻合。

According to the TradingView expert’s chart, the 2021 bull run broke above the 1.5 Fibonacci level, showing an uncommon deviation from the channel. For the current cycle, the chart highlights two key end-of-year targets. The fair value is set at $1.00, aligning with the 1.0 Fibonacci Extension and the MMB 3SD above. The analyst has also forecasted an optimistic target at $3.50, coinciding with the horizontal 1.618 Fibonacci level, which was previously reached during the January 2018 cycle top and exceeded during the May 2021 peak.

根據TradingView專家的表格，2021年的公牛跑率超過1.5斐波那契水平，顯示出與頻道的不常見偏差。對於當前週期，該圖表突出了兩個關鍵年終目標。公允價值設置為$ 1.00，與1.0 fibonacci擴展名和上面的MMB 3SD保持一致。該分析師還預測了一個樂觀的目標，其目標為3.50美元，與水平1.618斐波那契水平一致，該水平先前在2018年1月的周期頂部達到，並在2021年5月的峰值上超過。

Golden Cross And MMB Trends Support DOGE EOY Forecast

金十字和MMB趨勢支持Doge Eoy預測

TradingShot’s end-of-year bull case for Dogecoin is further reinforced by the formation of a 1W Golden Cross on its price chart.

Tradingshot在價格表中形成了1W的金十字架，進一步加強了Tradingshot的年終公牛案例。

Historically, this technical pattern has marked the beginning of explosive price increases in not just DOGE but other cryptocurrencies in the market.

從歷史上看，這種技術模式標誌著爆炸性價格上漲的開始，不僅是Doge，而且是市場上其他加密貨幣的開始。

Now incorporating the Mayer Multiple Bands (MMB), the TradingView analyst points out that in the final year of each bull cycle, after the formation of the 1W Golden Cross, the DOGE price has consistently reached the MMB 2SD above first and then climbed to the MMB 3SD above.

TradingView分析師現在合併了Mayer多個樂隊（MMB），指出，在每個公牛週期的最後一年，在1W Golden Cross的形成之後，Doge價格始終在首先超過上方的MMB 2SD上，然後爬上上面的MMB 3SD。

Currently, Dogecoin has already touched the MMB 2SD but has yet to test the 3SD, indicating untapped upside potential.

目前，Dogecoin已經觸及了MMB 2SD，但尚未測試3SD，表明未開發的上升潛力。