Whales Accumulate Dogecoin Amidst Market Dip

鯨魚在市場下降中積累狗狗幣

In a significant move, whales have seized the opportunity presented by the recent market downturn to amass a significant quantity of cryptocurrencies.

一項重大行動，鯨魚抓住了最近的市場低迷，以積累大量加密貨幣的機會。

Among these, Dogecoin (DOGE) has emerged as a primary target for these large holders. According to crypto analyst Ali, "Whales bought 460 million Dogecoin (DOGE) in the recent price dip."

其中，Dogecoin（Doge）已成為這些大型持有人的主要目標。根據加密分析師阿里的說法，“鯨魚在最近的價格下跌中購買了4.6億多黴素（Doge）。”

Market Dynamics

市場動態

The market dip witnessed Bitcoin briefly falling below $99,000, prompting traders to secure profits ahead of a crucial Federal Open Market Committee meeting in the United States. Dogecoin, along with the broader market, succumbed to this downward pressure, reaching a low of $0.305 during yesterday's trading session.

市場下降的目睹比特幣短暫跌至99,000美元以下，促使交易者在美國關鍵的聯邦公開市場委員會會議之前獲得利潤。 Dogecoin與更廣泛的市場一起屈服於這種下降壓力，在昨天的交易期間達到0.305美元。

Technical Analysis

技術分析

The recent decline has pinned Dogecoin below its 50-day moving average of $0.3574, where it currently resides. Regaining strength will require a surge past this resistance, potentially leading to rallies towards $0.40 and then $0.43.

最近的下降將Dogecoin固定在其50天的移動平均水平低於目前居住的0.3574美元。恢復力量將需要超越這種抵抗力，這可能會導致集會趨向0.40美元，然後是0.43美元。

Conversely, a breach of the $0.305 support level could trigger further declines to $0.27 and then $0.23.

相反，違反$ 0.305的支持水平可能會觸發進一步下降到0.27美元，然後觸發0.23美元。

Market Outlook

市場前景

Cryptocurrencies experienced a rebound on Tuesday morning, fueled by anticipation of the Federal Reserve's first meeting of the year, where interest rate decisions will be announced. Dogecoin has mirrored this upward trend, rising 6.47% in the past 24 hours to reach $0.334.

加密貨幣在周二早上經歷了反彈，這是由於聯邦儲備在今年的第一次會議上的預期，將宣布利率決策。 Dogecoin反映了這一上升趨勢，在過去24小時內上漲了6.47％，達到0.334美元。

Investors await the upcoming Federal Open Market Committee meeting, which will conclude on Wednesday, with keen interest. However, expectations for a rate decrease remain minimal, with the Fed indicating at its December meeting that only two rate cuts are forecasted for 2025. According to the CME Group's FedWatch Tool, traders anticipate a 97% probability of stable interest rates.

投資者在等待即將舉行的聯邦公開市場委員會會議，該會議將於週三結束，並以極大的興趣結束。但是，對降低率的期望仍然很少，美聯儲在12月的會議上表示，只有兩次降低降低率在2025年被預計。根據CME集團的FedWatch工具的數據，交易者預計穩定利率的概率為97 ％。