Dogecoin has extended its seven-day losses into the past 24 hours but some holders continue to remain strong. On-chain data has revealed that even though Dogecoin’s value has plummeted by 21% in the last seven days, many long-term holders of the meme coin are still turning a decent profit. Particularly, profitability data from IntoTheBlock shows that 83% of wallet addresses holding DOGE are still in the green despite the recent price downturn.

狗狗幣在過去 24 小時內延續了 7 天的跌幅，但一些持有者仍然保持強勢。鏈上數據顯示，儘管狗狗幣的價值在過去 7 天內暴跌了 21%，但許多米姆幣的長期持有者仍然獲得了可觀的利潤。特別是，IntoTheBlock 的獲利數據顯示，儘管近期價格下跌，持有 DOGE 的錢包地址中 83% 仍處於盈利狀態。

Dogecoin Profitability Remains High

IntoTheBlock’s “In/Out of the Money” metric has shown an interesting dynamic regarding Dogecoin’s price. The metric measures the number of addresses still making a profit at the current price levels, giving a glimpse into what might be the sentiment among holders. 

狗狗幣的獲利能力仍然很高 IntoTheBlock 的「資金投入/資金流出」指標顯示了狗狗幣價格的有趣動態。此指標衡量的是目前價格水準下仍能獲利的地址數量，可以讓我們了解持有者的情緒。

At the time of writing, this metric shows that 5.18 million DOGE addresses are still in profit, representing 82.72% of the total addresses. This is in comparison to 870,290 addresses currently in loss, which represent 13.9% of the total addresses. Interestingly, 211,600 addresses, representing 3.38% of total addresses, are currently in the money, meaning they are neither in profit nor loss.

相關閱讀：漣波與波動SEC 更新：專家表示雙方已達成和解協議 截至撰寫本文時，該指標顯示 518 萬個 DOGE 地址仍在盈利，佔地址總數的 82.72%。相較之下，目前有 870,290 個位址遺失，佔地址總數的 13.9%。有趣的是，目前有 211,600 個地址處於盈利狀態，佔總地址的 3.38%，即既不盈利也不虧損。

However, it is important to keep in mind that this measure looks at all the addresses. This means that the majority of those in profit are those who bought into Dogecoin very early on, as demonstrated in the picture below. A higher number of addresses who bought during the recent DOGE bull run in March are out of the money.

但是，請務必記住，此措施會查看所有地址。這意味著大多數獲利者是那些很早就購買了狗狗幣的人，如下圖所示。在最近的 3 月 DOGE 牛市期間購買的地址數量較多，目前已經缺錢。

Source: IntoTheBlock

The “In/Out of the Money Around Price” helps to show the profitability better, especially when considering the shorter term. Interestingly, a majority (55.26%) of addresses who bought between $0.132243 and $0.179879 are still in profit.

資料來源：IntoTheBlock 「圍繞價格的資金進/出」有助於更好地顯示獲利能力，特別是在考慮短期時。有趣的是，大多數（55.26%）購買了 0.132243 美元到 0.179879 美元的地址仍然盈利。

What’s Next For DOGE?

At the time of writing, Dogecoin is trading at $0.1587, down by 4.81% in the past 24 hours and 21% in the past seven days. However, the high profitability despite the recent downturn indicates that the majority of DOGE holders are still holding on despite the price downturn, which is a positive indicator.

DOGE 的下一步是什麼？然而，儘管近期經濟低迷，但盈利能力仍較高，這表明大多數 DOGE 持有者在價格低迷的情況下仍堅持持有，這是一個積極的指標。

DOGE whales have upped their activities with large transactions amidst the decline. IntoTheBlock data shows that $744.62 million worth of DOGE has left crypto exchanges in the past seven days, compared to $671.61 million inflows in the same time frame. The higher outflow suggests that there are more investors still accumulating during the price dip than those selling off.

在下跌過程中，DOGE 鯨魚加強了活動力度，進行了大量交易。 IntoTheBlock 數據顯示，過去 7 天內，價值 7.4462 億美元的 DOGE 離開加密貨幣交易所，而同期流入量為 6.7161 億美元。較高的資金流出表明，在價格下跌期間仍在增持的投資者多於拋售的投資者。

The “In/Out of the Money” metric also reveals the number of addresses that bought in at a given price range, helping to understand support and resistance levels. Currently, this metric shows 111,280 addresses bought in between $0.169 and $0.189, contributing a minor resistance that DOGE bulls can break easily.

相關閱讀：柴犬銷毀率在18,000% 的峰值後暴跌99%，發生了什麼？ 「資金入/出」指標還揭示了在給定價格範圍內買入的地址數量，有助於了解支撐位和阻力位元.目前，該指標顯示有 111,280 個地址在 0.169 美元至 0.189 美元之間買入，形成了 DOGE 多頭可以輕鬆突破的小阻力。

Although a break above this selloff could initiate a minor selloff as some buyers look to take profits, the major hurdle is above $0.18. A full bullish reversal and break above $0.18 would give DOGE a clear path back to $0.22, which is the highest it has reached so far in the current bull cycle.

儘管突破這一拋售水平可能會引發小幅拋售，因為一些買家希望獲利了結，但主要障礙是高於 0.18 美元。完全看漲逆轉並突破 0.18 美元將使 DOGE 明確回到 0.22 美元，這是當前牛市週期迄今為止達到的最高水平。

DOGE price succumbs to bearish pressure | Source: DOGEUSDT on Tradingview.com

DOGE價格屈服於看跌壓力|資料來源：Tradingview.com 上的 DOGEUSDT 精選圖片來自 FinSME，圖表來自 Tradingview.com