Dogecoin Liquidations Spike Amidst Market Volatility

市場波動導致狗狗幣清算激增

Cautiousness reigns within the Dogecoin (DOGE) community as the coin's volatility has intensified. In line with the bearish trend, DOGE has seen an increase in liquidations, particularly among long traders.

隨著狗狗幣（DOGE）的波動性加劇，狗狗幣社群內部普遍持謹慎態度。與看跌趨勢一致，DOGE 的清算增加，尤其是多頭交易者。

Liquidation Insights

清算見解

Data from CoinGlass reveals a total of $5.32 million in DOGE liquidations over the past 24 hours. Long traders accounted for $3.88 million in liquidations, equivalent to approximately 31.9 million DOGE.

CoinGlass 的數據顯示，過去 24 小時內 DOGE 清算總額為 532 萬美元。多頭交易者的清算金額為 388 萬美元，相當於約 3,190 萬個 DOGE。

Despite being relatively modest compared to Bitcoin and Ethereum liquidations, this volume reflects the speculative nature of Dogecoin's price movements.

儘管與比特幣和以太坊清算相比相對溫和，但這筆交易量反映了狗狗幣價格走勢的投機性質。

Price Outlook

價格展望

Currently, DOGE trades at $0.1382, marking a 1.8% decline within 24 hours. Trading volume has also decreased by 21% to $1.38 billion, indicating subdued sentiment.

目前，DOGE 交易價格為 0.1382 美元，24 小時內下跌 1.8%。交易量也下降了 21% 至 13.8 億美元，顯示市場情緒低迷。

However, the Relative Strength Index (RSI) remains at 68.14, just below the overbought region. This suggests that the current retracement is a natural correction after a recent growth surge. Over the past week, DOGE has still gained 9.5%.

然而，相對強弱指數（RSI）仍維持在 68.14，略低於超買區域。這表明當前的回調是近期成長激增後的自然調整。過去一周，DOGE仍上漲9.5%。

Future Prospects

前景

Dogecoin whales may play a key role in reversing the current trend through accumulation. The ongoing sell-off could drive DOGE towards a support level near $0.1, as observed on October 3rd.

狗狗幣鯨魚可能在累積扭轉當前趨勢方面發揮關鍵作用。正如 10 月 3 日觀察到的那樣，持續的拋售可能會將 DOGE 推向 0.1 美元附近的支撐位。

This setup could provide an opportunity for both whale and retail investors to increase their holdings. Long-term, DOGE's recovery is plausible, with a target price above the monthly high of $0.15.

這種設置可以為鯨魚和散戶投資者提供增持的機會。長期來看，DOGE 的復甦是有可能的，目標價高於月度高點 0.15 美元。