TL;DR

TL；

Despite a significant price drop, increased whale activity and the potential approval of a spot Dogecoin ETF suggest a possible DOGE price reversal.

儘管價格大幅下降，鯨魚活動的增加以及斑點Dogecoin ETF的潛在批准表明，可能的Doge價格逆轉。

The Bears Might Be Stepping Back

熊可能正在退縮

Recent weeks have been challenging for the cryptocurrency market, with many leading digital assets experiencing double-digit price losses. Dogecoin (DOGE), the leading meme coin, is no exception, suffering a nearly 40% monthly decline, currently trading around $0.16 (according to CoinGecko).

最近的幾週對於加密貨幣市場而言，許多領先的數字資產經歷了兩位數的價格損失。領先的模因硬幣Dogecoin（Doge）也不例外，每月下降近40％，目前的交易約為0.16美元（根據Coingecko的說法）。

DOGE Price, Source: CoinGecko

Doge價格，來源：Coingecko

However, several factors suggest a potential short-term bullish turnaround. Analyst Ali Martinez notes that investor sentiment towards DOGE is "at its most negative in over a year," historically a precursor to significant price reversals. He suggests this negativity presents a contrarian investment opportunity.

但是，有幾個因素表明潛在的短期看漲周轉。 分析師阿里·馬丁內斯（Ali Martinez）指出，投資者對Doge的情緒“在一年多以來是最負面的”，歷史上是重大價格逆轉的前身。 他建議這種消極情緒帶來了逆勢投資機會。

Further supporting this view is increased whale activity. Martinez reports that large investors have acquired over 1.4 billion DOGE tokens in the last 24 hours. This reduction in circulating supply could fuel a price rally, particularly if demand remains strong. This accumulation also signals confidence in DOGE, potentially attracting smaller investors.

進一步支持這種觀點是增加鯨魚活動。 馬丁內斯報導說，大型投資者在過去24小時內收購了超過14億個Doge令牌。循環供應量的減少可能會推動價格集會，尤其是在需求仍然強勁的情況下。 這種積累還表示對Doge的信心，有可能吸引較小的投資者。

Finally, Dogecoin's Relative Strength Index (RSI) is currently in oversold territory (around 30), a technical indicator often associated with impending price rebounds.

最後，Dogecoin的相對強度指數（RSI）目前處於超賣領土（左右30），這是一個技術指標，通常與即將來臨的價格籃板有關。

Anticipation of an ETF

ETF的期待

Another potential catalyst for DOGE price appreciation is the possibility of a US-approved spot Dogecoin ETF. SEC approval would allow investors easier access to DOGE, potentially increasing demand and driving up the price. Several companies, including Grayscale and Bitwise, have filed applications for such an ETF, some of which have been acknowledged by the SEC. Polymarket estimates a 62% probability of approval before year-end.

Doge價格升值的另一個潛在催化劑是可能會獲得美國批准的Dogecoin ETF。 SEC的批准將使投資者更容易進入Doge，可能增加需求並提高價格。 包括灰度和位在內的幾家公司已經為這種ETF提出了申請，其中一些公司已被SEC承認。 Polymarket估計年底之前獲得批准的62％。

The post 3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon appeared first on CryptoPotato.

Dogecoin（Doge）可能再次看漲的3個原因很快出現在Cryptopotato上。