In an attention-grabbing chronicle witnessed within the cryptocurrency realm, Dogecoin, one of the most renowned meme-based cryptocurrencies, garnered significant investor attention today, April 3, as the token noted massive whale transactions. These transactions, emerging amid DOGE’s slip to the $0.18 level, birthed a tsunami of speculations surrounding DOGE’s price action ahead.

在加密貨幣領域見證的引人注目的編年史中，最著名的基於迷因的加密貨幣之一狗狗幣在今天（4 月3 日）吸引了投資者的廣泛關注，因為該代幣記錄了大規模的鯨魚交易。這些交易是在 DOGE 跌至 0.18 美元的水平期間出現的，引發了圍繞 DOGE 未來價格走勢的猜測海嘯。

Following massive liquidations and market corrections, Dogecoin recorded a substantial plunge recently. Now, with on-chain whale activity burgeoning for the token, investors speculate over Dogecoin’s price as BTC halving approaches. Intriguingly, Bitcoin’s pre-halving correction adds up to the plunge witnessed by altcoins, as even DOGE reflected, mirroring a broader downtrend in the market.

經過大規模清算和市場調整，狗狗幣最近大幅暴跌。現在，隨著代幣的鏈上鯨魚活動蓬勃發展，隨著比特幣減半的臨近，投資者對狗狗幣的價格進行猜測。有趣的是，比特幣減半前的調整加劇了山寨幣的暴跌，甚至正如 DOGE 所反映的那樣，反映了市場更廣泛的下跌趨勢。

DOGE Whale Activity Stirs Speculations Over Mixed Market Sentiments

According to the data spotlighted by the blockchain tracker Whale Alert, a staggering 583.75 million DOGE was noted to be on the move over the past 24 hours. Notably, these whale transactions showcased dumps to exchanges and accumulation by whales in hand, showcasing mixed sentiments in the market.

DOGE 鯨魚活動引發市場情緒參差不齊的猜測根據區塊鏈追蹤器 Whale Alert 重點關注的數據，過去 24 小時內有 5.8375 億 DOGE 活動。值得注意的是，這些鯨魚交易顯示了鯨魚向交易所的拋售和手中的鯨魚的積累，顯示了市場的複雜情緒。

As per the data, 229 million DOGE, worth $42.95 million, was accumulated by an unknown wallet from Robinhood, whereas 60.26 million coins, worth $11.14 million, were dumped into the same CEX by another whale. Similarly, 58.81 million DOGE, worth $11.03 million, was accumulated from Coinbase, one of the leading CEXs, whereas 234.68 million DOGE, worth $43.61 million, was dumped to the same by another whale. This collectively hinted at a mixed sentiment among whales, in turn curating an uncertain scenario orbiting Dogecoin’s price action ahead.

數據顯示，2.29 億個 DOGE，價值 4295 萬美元，被 Robinhood 的一個未知錢包所積累，而 6026 萬個 DOGE，價值 1114 萬美元，被另一隻鯨魚傾銷到同一個 CEX。同樣，5881萬枚DOGE（價值1103萬美元）是從領先的CEX之一Coinbase中積累的，而2.3468億枚DOGE（價值4361萬美元）則被另一隻鯨魚拋售給了Coinbase。這共同暗示了鯨魚之間的複雜情緒，進而策劃了圍繞狗狗幣未來價格趨勢的不確定場景。

Meanwhile, market dynamics for the meme coin further nabbed significant attention, illustrating a bearish trend win over the token.

同時，模因幣的市場動態進一步引起了人們的廣泛關注，表明看跌趨勢戰勝了該代幣。

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Dogecoin Price Slips

As of writing, the Dogecoin token’s price noted a dip of 1.37% in the past 24 hours, currently resting at $0.184. This massive drop comes surfing the tide of recent market corrections, as mentioned above.

狗狗幣價格下跌截至撰寫本文時，狗狗幣代幣的價格在過去 24 小時內下跌了 1.37%，目前為 0.184 美元。如上所述，這次大幅下跌是在近期市場調整的浪潮中出現的。

Simultaneously, Coinglass revealed a 4.47% drop in the token’s open interest, accompanied by a dip in the OI-weighted funding rate to 0.0197%. Hinting at reduced readiness among investors to invest more in long positions, escorted by a loss of investor interest in the asset, the token took a bearish stance as of press time.

同時，Coinglass 透露，該代幣的未平倉合約下降了 4.47%，OI 加權融資利率也下降至 0.0197%。截至發稿時，該代幣採取了看跌立場，這表明投資者對多頭部位進行更多投資的意願降低，加上投資者對該資產的興趣喪失。

Moreover, analysis by CoinGape Media highlighted another intriguing phenomenon, wherein the dog-based meme token witnessed substantial selling pressure at the $0.22 mark, leading to a phenomenal price decrease to now trade at $0.18. In the analysis, aligning with the 4-hour chart, DOGE’s peak has formed a double-top pattern, amplifying the bearish sentiment among traders.

此外，CoinGape Media 的分析強調了另一個有趣的現象，即基於狗的 Meme 代幣在 0.22 美元大關遭遇巨大拋售壓力，導致價格大幅下跌，目前交易價格為 0.18 美元。分析中，與4小時圖一致，DOGE的峰值已形成雙頂形態，放大了交易者的看跌情緒。

Should supply pressure persist moving ahead, the DOGE price may record another dip of nearly 8% to hit combined support of the ascending trendline and 38.2% Fibonacci retracement level at $0.17. Nonetheless, crypto market enthusiasts continue to extensively eye the token as BTC halving looms and historic data showcases altcoins mimicking BTC’s price movements.

如果供應壓力持續存在，DOGE 價格可能會再次下跌近 8%，以觸及上升趨勢線和 38.2% 斐波那契回檔位 0.17 美元的綜合支撐位。儘管如此，隨著 BTC 減半的臨近以及歷史數據顯示山寨幣模仿 BTC 的價格走勢，加密貨幣市場愛好者繼續廣泛關注該代幣。

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