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Dogecoin (DOGE), the dog-themed cryptocurrency, has fallen below the crucial $0.20 mark as the broader crypto market experiences significant selling pressure early this week.

Dogecoin（Doge）是以狗為主題的加密貨幣，由於本週早些時候較廣泛的加密貨幣市場經歷了巨大的銷售壓力，因此跌至關鍵$ 0.20。

Bitcoin and most digital assets have seen substantial declines in early Tuesday trading, resulting in over $1 billion in liquidations across the market.

比特幣和大多數數字資產在周二早些時候的交易中大幅下降，整個市場上的清算量超過10億美元。

The Sunday announcement of a crypto strategic reserve proved insufficient to reverse the downward trend. Analysts warn that the market remains vulnerable to macroeconomic factors in the absence of a specific crypto catalyst or positive narrative.

週日宣布加密戰略儲備的宣布不足以扭轉下降趨勢。 分析師警告說，在沒有特定的加密催化劑或積極敘述的情況下，市場仍然容易受到宏觀經濟因素的影響。

Following the announcement, cryptocurrencies reversed their initial gains as macroeconomic concerns overshadowed the positive sentiment surrounding the strategic reserve.

宣布這一消息後，加密貨幣扭轉了最初的收益，因為宏觀經濟的擔憂掩蓋了圍繞戰略儲備的積極情緒。

Dogecoin briefly broke a five-day consolidation period on Sunday, rising from $0.201 to a high of $0.242. This briefly reclaimed the $0.20 level, but Monday saw a reversal, with DOGE falling from its previous high of $0.24 to a low of $0.192.

Dogecoin在周日短暫打破了為期五天的整合期，從0.201美元上升到高度為0.242美元。 這短暫地收回了$ 0.20的水平，但周一逆轉了逆轉，總督從先前的高點0.24降至低於0.192美元的低點。

The sell-off continued into Tuesday, pushing Dogecoin down to $0.185. At the time of writing, Dogecoin is down 12% in the last 24 hours, trading at $0.191, and down 4.61% for the week.

拋售一直持續到星期二，將Dogecoin降至0.185美元。在寫作時，Dogecoin在過去24小時內下降了12％，交易價格為0.191美元，一周下降了4.61％。

What's Next?

接下來是什麼？

Dogecoin fell below its 200-day Simple Moving Average (SMA) of $0.244 on February 24th and remains below it.

2月24日，Dogecoin低於其200天簡單移動平均線（SMA）的0.244美元，並且仍低於其。

A decisive break above both the 50-day SMA ($0.284) and the 200-day SMA ($0.244) would signal a bullish recovery and mark an exit from its current consolidation range. Conversely, further declines could test support at $0.181.

高於50天SMA（$ 0.284）和200天SMA（0.244美元）的決定性突破將標誌著看漲的恢復，並標誌著其當前合併範圍的退出。相反，進一步的下降可能以0.181美元的價格測試支持。

Market watchers are closely monitoring developments in the broader crypto market and the Dogecoin ecosystem to determine Dogecoin's future trajectory. The Dogecoin Foundation recently announced the addition of five new developers, representing a 50% increase in development capacity, as tweeted by Director Timothy Stebbing. Read the original article on U.Today

市場觀察者正在密切監視更廣泛的加密貨幣市場和Dogecoin生態系統的發展，以確定Dogecoin的未來軌跡。 Dogecoin基金會最近宣布增加了五個新開發商​​，佔開發能力的50％，這是由導演蒂莫西·斯特賓（Timothy Stebbing）發推文。 閱讀有關U.Today的原始文章