Global Macro CEO Raoul Pal has opined that meme cryptocurrency Dogecoin (DOGE) could potentially reach a new high against Bitcoin (BTC).

全球宏观首席执行官拉尔·帕尔（Raoul Pal）认为，Meme Cryptocurrency Dogecoin（Doge）有可能对比特币（BTC）达到新的高位。

Pal shared a chart of DOGE/BTC, highlighting a falling wedge pattern, which is known for being a bullish reversal pattern.

PAL分享了Doge/BTC的图表，突出了一个下落的楔形图案，该图案以看涨的逆转模式而闻名。

Dogecoin (DOGE) is known for its rather uneventful price action during the 2014-2021 period, which was only interrupted by a minor bull market in 2017. However, the cryptocurrency experienced an enormous rally in 2021.

Dogecoin（Doge）以其在2014 - 2021年期间相当平稳的价格行动而闻名，该价格仅在2017年被次要的牛市中断。但是，加密货币在2021年经历了巨大的集会。

After the 2021 bull market, which saw Dogecoin (DOGE) surge to a high of 0.000017 BTC, the cryptocurrency has been engaged in a rather long-term ranging market.

在2021年的牛市（Dogecoin（Doge）激增至0.000017 BTC）之后，加密货币已经参与了一个相当长的长期市场。

Pal appears to suggest that a similar scenario might play out this time around. Another long-term descending channel has now formed, meaning that Dogecoin might be preparing for another massive breakout following years of price consolidation.

PAL似乎暗示这次可能会出现类似的情况。现在已经形成了另一个长期降临的渠道，这意味着多年来的价格合并后，狗狗币可能正在为另一个大规模的突破做准备。

The chart shared by Pal shows a bull fag where the massive 2021 rally potentially acts as a flagpole.

PAL共享的图表显示了一个公牛的同性恋者，其中大量2021集会可能充当旗杆。

Breaking above the upper boundary of the current descending channel could potentially set the stage for the creation of a new bull flag. In such a case, the leading meme cryptocurrency could potentially surge to the previous high (roughly 0.0017 BTC) and potentially record additional gains.

在当前下降通道的上限上方打破可能为创建新的牛旗奠定基础。在这种情况下，领先的模因加密货币可能会激增至先前的高（约0.0017 BTC），并有可能记录额外的收益。

Pal has joked that Dogecoin (DOGE) becoming "the hardest currency on earth" would be the most amusing outcome considering its facetious nature.

帕尔开玩笑说，考虑到其开心的性质，狗狗（Doge）成为“地球上最难的货币”将是最有趣的结果。