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.

随着美国总统唐纳德·特朗普（Donald Trump）与他最著名的支持者埃隆·马斯克（Elon Musk）之间的公众争议，Dogecoin（Doge）的价格在6月6日下降了约7％，继续更广泛的加密货币市场抛售。

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.

每周图表上的熊旗模式暗示潜在的66％降至0.06美元，而技术指标则表明即时期限更大的下行压力。

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

随着特朗普威胁要取消马斯克的补贴，狗狗币翻转看跌

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的数据显示，Dogecoin交易在写作时的交易价格为0.17美元，在过去的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.

每周的蜡烛图表显示，Doge Price将三个星期的滑梯延长至28％，随着亿万富翁Musk升级他与特朗普的公众争吵，硬币可能会进一步滑动。

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.”

宣布马斯克正式离开政府效率部（DOGE）的近几天，这种后果在6月5日升级后，特朗普威胁要终止马斯克的政府补贴和合同，从而节省了数十亿美元。”

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.

马斯克对X做出了回应，声称特朗普将在没有他的支持的情况下失去2024年的总统大选。他称特朗普最近的支出法案为“大丑陋的法案”，并支持他的弹each。

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

大丑陋的账单将使赤字增加到2.5万亿美元！ 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.

声带的支持者马斯克（Musk）历来通过认可，例如推文或特斯拉（Tesla）部分接受Doge付款。在特斯拉开始接受选定商品的Doge之后，Dogecoin在2022年的一天中跃升了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，在马斯克在Twitter（现为X）网站上取代蓝鸟徽标的24小时内，Doge Price用Memecoin的犬犬徽标的shiba Inu的图像取代了蓝鸟徽标。

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.

在特朗普大选在2024年11月胜利之后，Dogecoin再次与其他加密货币一起飙升，此前Musk和加密货币产业大力支持了一项竞选活动。

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.

不断升级的冲突导致了更广泛的市场抛售。现在，投资者担心，马斯克的支持减少会削弱加密情绪和杜格的投机性吸引力，从而降低了价格。

Dogecoin bear flag targets below $0.1

Dogecoin Bear Flag目标低于$ 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.

在每周图表上，Doge在旗帜下方下降以下$ 0.20之后确认了熊旗图案。

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

Dogecoin的价格目前正在测试支持水平为0.15美元，与100周的简单移动平均线（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.

值得关注的关键支持水平是200天的SMA $ 0.14，4月7日低点为0.13美元。低于这些支持水平的高量移动可能会加速售出的售罄现行图表模式的技术目标，售价为0.06美元，或者比当前水平下降了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.

相对强度指数（RSI）低于中线，在过去三周中从52下降到43个，表明看跌势头增加。 RSI的价值为43，表明在再次设置的条件之前，还有更多的缺点空间。

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所报道的那样，如上图所示，20天EMA（0.20美元）的急剧下滑（0.20美元）与国旗的较低趋势线保持一致，可能会使更深层更正的风险增加到0.14美元或更低。