Dogecoin Eyes Recovery after Altcoin Slide

山寨幣下滑後狗狗幣開始復甦

Over the past week, Dogecoin has experienced a significant drawdown, but it is now making a notable recovery attempt.

過去一周，狗狗幣經歷了大幅下跌，但現在正在做出顯著的復甦嘗試。

Whale Activity and Trading Volume

鯨魚活動和交易量

Dogecoin whales have played a key role in the recent growth, acquiring approximately 6.4 billion DOGE overnight. According to data from IntoTheBlock, whale transactions have surged to 11.74 billion DOGE, indicating increased confidence in the asset.

狗狗幣鯨魚在最近的成長中發揮了關鍵作用，一夜之間獲得了約 64 億個 DOGE。根據 IntoTheBlock 的數據，鯨魚交易量已飆升至 117.4 億 DOGE，顯示對該資產的信心增強。

Trading volume has also jumped by over 58% in the past 24 hours, reaching $600,461,241. This surge suggests rising interest and potential support for the recovery effort.

過去 24 小時內交易量也增加了 58% 以上，達到 600,461,241 美元。這種激增表明人們對復甦努力的興趣和潛在支持不斷增加。

Technical Analysis

技術分析

Despite the recent decline, Dogecoin's price has shown signs of bullish reversal. After an extended bearish trend, the coin has begun to consolidate and form a support level around $0.134. A continuation of whale buying could drive scarcity and trigger a price surge.

儘管最近有所下跌，但狗狗幣的價格已顯示出看漲逆轉的跡象。在經歷了長期的看跌趨勢之後，代幣開始盤整並在 0.134 美元附近形成支撐位。持續購買鯨魚可能會導致稀缺並引發價格飆升。

Market Sentiment

市場情緒

Dogecoin's market influence remains muted, given its market capitalization of $19,464,473,979. However, it is still susceptible to broader market trends. If Bitcoin spot ETFs drive Bitcoin's price higher, Dogecoin could benefit from its positive correlation with the leading cryptocurrency.

鑑於狗狗幣的市值為 19,464,473,979 美元，其市場影響力仍然不大。然而，它仍然容易受到更廣泛的市場趨勢的影響。如果比特幣現貨 ETF 推動比特幣價格走高，狗狗幣可能會受益於與領先加密貨幣的正相關性。

Developer Caution

開發者註意事項

Dogecoin developer Mishaboar has advised the community to exercise caution when exploring alternative cryptocurrencies without proper risk assessment.

狗狗幣開發商 Mishaboar 建議社區在沒有適當風險評估的情況下探索替代加密貨幣時要謹慎行事。