Dogecoin Shows Signs of Recovery Despite Sideways Growth

儘管側向增長，但Dogecoin顯示出恢復的跡象

Amidst its struggle to gain value, Dogecoin (DOGE) has found support at $0.250. While its growth has been sluggish, on-chain metrics indicate that severe liquidations may be subsiding.

在獲得價值的鬥爭中，Dogecoin（Doge）的支持為0.250美元。儘管它的生長遲鈍，但鏈界指標表明可能會逐漸消退。

Liquidation Imbalance Narrows

清算失衡狹窄

CoinGlass data reveals that total liquidations within the past 24 hours reached $2.72 million. Long position traders experienced $1.69 million in losses, while short positions accounted for $1.03 million.

Coinglass數據顯示，過去24小時內的總清算達到272萬美元。長期交易者經歷了169萬美元的損失，而短職位佔103萬美元。

This liquidation amounts to 10,571,652 DOGE, with long liquidations exceeding shorts by a mere $660,000. This suggests a less significant liquidation imbalance compared to previous instances.

該清算為10,571,652個門檻，長期清算僅超過短褲660,000美元。這表明與以前的實例相比，清算失衡較低。

Sustained Trading Volume

持續交易量

Long-position traders have been instrumental in the modest growth of DOGE in the past 24 hours. CoinMarketCap data shows a slight increase of 0.94% to $0.2572. Notably, trading volume has surged by 13.41% to $1.17 billion within the same time frame.

在過去的24小時內，長位交易者在Doge的適度增長方面發揮了作用。 CoinMarketCap數據顯示，略有增加0.94％，至$ 0.2572。值得注意的是，在同一時間範圍內，交易量增長了13.41％，至11.7億美元。

This renewed interest indicates a greater willingness among investors to embrace the meme coin.

這種新的興趣表明，投資者更加願意接受模因硬幣。

ETF Approval Hopes

ETF批准希望

Speculation regarding the potential approval of a Dogecoin ETF may have boosted investor sentiment. The U.S. Securities and Exchange Commission (SEC) recently acknowledged Grayscale's application for a DOGE ETF. While approval is not guaranteed, it has ignited optimism within the community.

關於Dogecoin ETF潛在批准的猜測可能會增強投資者的情緒。美國證券交易委員會（SEC）最近承認Grayscale的Doge ETF申請。儘管不能保證批准，但它在社區中引發了樂觀。

Sustained Volume Key for Further Growth

持續的體積密鑰以進一步增長

Analysts believe that for DOGE to retest its $0.30 level, it must maintain elevated trading volume over an extended period. This would reduce price volatility and avoid a potential death cross that was previously identified on-chain.

分析師認為，要重新測量其0.30美元的水平，它必須在延長期間保持較高的交易量。這將降低價格波動，並避免以前在鏈上發現的潛在死亡十字架。