Dogecoin Experiences Significant Whale Activity Amidst Market Sell-Off

狗狗幣在市場拋售中經歷了重大的鯨魚活動

Cover Image: U.Today

封面圖片：今日美國

Data from IntoTheBlock reveals that Dogecoin has registered large transaction volumes amounting to 7.72 billion Dogecoin, indicating substantial whale activity. However, this volume represents a 33.39% decline over the past 24 hours.

IntoTheBlock 的數據顯示，狗狗幣的交易量高達 77.2 億美元，這表明鯨魚活動非常活躍。然而，這筆交易量在過去 24 小時內下降了 33.39%。

Market Conditions and Dogecoin's Performance:

市場狀況和狗狗幣的表現：

Despite the high transaction volumes, Dogecoin's price has trended downwards, registering a 5.03% daily drop to $0.152 at the time of writing. The decline mirrors a broader market sell-off, which has been exacerbated by profit-taking in Bitcoin (BTC).

儘管交易量很高，但狗狗幣的價格卻呈下降趨勢，截至撰寫本文時，每日下跌 5.03%，至 0.152 美元。此次下跌反映了更廣泛的市場拋售，而比特幣（BTC）的獲利回吐加劇了這種拋售。

Liquidations and Sentiment:

清算和情緒：

Over $235 million in bets have been liquidated, including $8.59 million in Dogecoin long liquidations (bets against price declines). The Fear and Greed Index, which measures market sentiment, currently indicates "greed," suggesting the possibility of further price drops.

超過 2.35 億美元的押注已被清算，其中包括 859 萬美元的狗狗幣多頭清算（針對價格下跌的押注）。衡量市場情緒的恐懼和貪婪指數目前顯示“貪婪”，表明價格可能進一步下跌。

Outlook for Dogecoin Price:

狗狗幣價格展望：

Dogecoin's inability to surpass $0.18 on October 29 has led to profit-taking among short-term traders. Dogecoin has closed in the red for four out of the past five days and is currently hovering around $0.15.

狗狗幣在 10 月 29 日未能突破 0.18 美元，導致短期交易者獲利了結。過去五天裡，狗狗幣有四天收盤虧損，目前徘徊在 0.15 美元左右。

If Dogecoin manages to regain a footing above $0.15, it could indicate a shift by bulls to convert this level into support. Buyers may attempt to push the price above $0.18, potentially reaching $0.21.

如果狗狗幣能夠重新站穩 0.15 美元上方，則可能表明多頭正在將這一水平轉化為支撐位。買家可能會嘗試將價格推高至 0.18 美元以上，有可能達到 0.21 美元。

However, if Dogecoin drops below $0.14 in the near term, this positive outlook could be hampered. The 50-day SMA at $0.12 is expected to provide support in the event of a further decline.

然而，如果狗狗幣在短期內跌破 0.14 美元，這種積極的前景可能會受到阻礙。如果進一步下跌，50 日移動平均線 0.12 美元預計將提供支撐。

Original Article: U.Today

原文文章：今日美國