Dogecoin (DOGE) has experienced significant selling pressure, declining over 30% in the last two weeks. Currently trading at $0.21, DOGE struggles to maintain key support levels amidst broader market weakness. Meme coins, including Dogecoin, have seen some of the most substantial recent declines, reflecting investor apprehension during the current market correction.

Dogecoin（Doge）經歷了巨大的銷售壓力，在過去兩周中下降了30％以上。 目前的交易價格為0.21美元，在更廣泛的市場疲軟中努力維持關鍵支持水平。 包括Dogecoin在內的模因硬幣已經看到了最近的一些最重要的下降，這反映了當前市場糾正期間的投資者擔憂。

Glassnode's on-chain metrics indicate that long-term Dogecoin holders are in a state of "denial," suggesting growing uncertainty among those who have held DOGE for an extended period. The DOGE Long-Term Holder Net Unrealized Profit/Loss (NUPL) indicator shows a consistent decline, indicating many early investors are experiencing diminishing unrealized profits or even losses. Continued market weakness could force these holders to sell, further depressing the price.

GlassNode的鍊鍊指標表明，長期的Dogecoin持有人處於“否認”狀態，這表明那些長期持有Doge的人的不確定性日益嚴重。 Doge的長期持有人淨未實現的盈利/損失（NUPL）指標顯示出一致的下降，這表明許多早期投資者正在降低未實現的利潤甚至損失。 持續的市場弱點可能會迫使這些持有人出售，從而進一步降低價格。

Dogecoin's Critical Support Levels: What's Next?

Dogecoin的關鍵支持水平：下一步是什麼？

DOGE's recent fall from its December high of $0.48 to a recent low of $0.19 represents a 59% drop. Crypto analysts are divided on whether this signals a prolonged bear market or a potential price reversal. While technical indicators point towards bearish momentum, some on-chain data suggests a possible recovery if buyers regain control. Analyst Ali Martinez notes that DOGE's NUPL indicator suggests long-term holders are hesitant to sell despite market uncertainty. Historically, such "denial phases" have resulted in either a final capitulation or a strong recovery, depending on whether buyers regain dominance.

Doge最近從12月的High $ 0.48跌至最近的0.19美元的跌倒，降低了59％。 加密分析師對這是延長熊市還是潛在價格逆轉的信號。儘管技術指標指向看跌動量，但一些鍊鍊數據表明，如果買家重新獲得控制權，則可能會恢復。 分析師阿里·馬丁內斯（Ali Martinez）指出，Doge的NUPL指標表明，儘管市場不確定性，但長期持有人還是猶豫不決。從歷史上看，這種“否認階段”導致了最終的投降或強勁的恢復，具體取決於買家是否恢復了優勢。

Can Dogecoin Recover?

狗狗可以恢復嗎？

Trading at $0.21, Dogecoin is down 19% since Monday, facing resistance at $0.24 – a level bulls must reclaim to signal an uptrend. Failure to hold above $0.21 could push prices lower, potentially testing previous support levels.

自周一以來，Dogecoin的交易價格為0.21美元，面臨0.24美元的阻力下降了19％ - 公牛必須收回以提示上升趨勢。不超過$ 0.21的價格可能會降低價格，並可能測試先前的支持水平。

A recovery rally requires stabilization and a break above $0.24. However, persistent selling pressure could lead to prolonged consolidation or further decline. Bitcoin's price will significantly influence DOGE's recovery prospects.

恢復集會需要穩定和超過$ 0.24的休息。但是，持續的銷售壓力可能會導致長時間的鞏固或進一步下降。比特幣的價格將極大地影響Doge的恢復前景。

Traders should monitor key signals, including whether buyers can defend current demand zones and reclaim critical resistance levels. Sustained buying interest could potentially propel DOGE towards $0.30 or higher.

交易者應監視關鍵信號，包括買家是否可以捍衛當前的需求區域並收回關鍵的抵抗水平。 持續的購買利息可能會推動$ 0.30或更高的款項。

The post Dogecoin Holders in Denial as Market Weakness Intensifies appeared first on CryptosNewss.com

由於市場弱點的加劇，否認後的狗狗幣持有人首先出現在cryptosnewss.com上