The post Dogecoin Hovers Around Yearly Lows Against Bitcoin! Will Bulls Find A Way To Revive DOGE Price? appeared first on Coinpedia Fintech News

狗狗幣兌比特幣徘徊在年度低點附近！多頭會找到重振DOGE價格的方法嗎？首先出現在 Coinpedia 金融科技新聞上

Following the recent market decline, Dogecoin has experienced a slight rebound; however whales continue to sell their holdings. This recovery, however, faces potential hurdles as DOGE’s value reaches its annual low in comparison to Bitcoin. This indicates a significant decline in the Dogecoin volatility relative to its counterparts. Such conditions could trigger addresses currently in profit to begin liquidations, potentially leading to an increase in selling pressure.

繼近期市場下跌後，狗狗幣經歷了小幅反彈；然而，鯨魚繼續出售其持有的資產。然而，隨著 DOGE 的價值相對於比特幣跌至年度低點，這種復甦面臨潛在的障礙。這顯示狗狗幣的波動性相對於同類貨幣顯著下降。這種情況可能會觸發當前獲利的地址開始清算，這可能導致拋售壓力增加。

DOGEBTC Touches Yearly-Lows

DOGEBTC觸及年度低點

In the last four hours, there’s been a notable shift in Dogecoin (DOGE) trading sentiment. Sellers have been actively closing positions, especially after DOGE trapped bears around a low of $0.075. Coinglass data highlights a liquidation of $108K in Dogecoin, with $107K from short positions.

在過去的四個小時裡，狗狗幣（DOGE）的交易情緒發生了顯著的變化。賣家一直在積極平倉，尤其是在 DOGE 將空頭困在 0.075 美元低點附近之後。 Coinglass 數據顯示，狗狗幣清算額為 10.8 萬美元，其中 10.7 萬美元來自空頭部位。

However, Dogecoin’s rise may face challenges due to its inability to align with the market’s volatility. TradingView data shows that the DOGEBTC ratio hit a yearly low at 0.00000182. Additionally, there’s been notable selling pressure from whales, which is slowing the recovery momentum.

然而，由於無法與市場波動保持一致，狗狗幣的崛起可能會面臨挑戰。 TradingView數據顯示，DOGEBTC比率觸及年度低點0.00000182。此外，鯨魚的拋售壓力也很大，這正在減緩復甦勢頭。

Large transactions involving DOGE whales were observed today. Over 635 million tokens (valued $52 million) were moved to Binance and Robinhood. A report by Whale Alert mentioned a recent transfer via Binance, moving 300 million DOGE from an unknown wallet to the exchange, amounting to $24.62 million. Another major transaction, occurring eight hours earlier, involved moving 151.68 million DOGE (worth $12.49 million) from Robinhood to an undisclosed wallet.

今天觀察到涉及 DOGE 鯨魚的大宗交易。超過 6.35 億枚代幣（價值 5,200 萬美元）被轉移到幣安和 Robinhood。 Whale Alert 的一份報告提到，最近透過幣安進行了一筆轉賬，將 3 億 DOGE 從未知錢包轉移到交易所，金額達 2,462 萬美元。八小時前發生的另一筆重大交易涉及將 1.5168 億 DOGE（價值 1249 萬美元）從 Robinhood 轉移到一個未公開的錢包。

Prior to this, two significant transactions were directed towards Robinhood from an unidentified wallet, transferring 102.27 million and 82.08 million DOGE, valued at $8.40 million and $6.74 million, respectively.

在此之前，有兩筆重大交易是從一個身份不明的錢包直接向 Robinhood 轉移的，分別轉移了 1.0227 億和 8208 萬枚 DOGE，價值分別為 840 萬美元和 674 萬美元。

Most of these transactions were towards a crypto exchange, indicating that whales might be offloading their holdings during the price dip. This suggests a potential build-up of stronger resistance for Dogecoin going forward.

這些交易大部分都是針對加密貨幣交易所，這表明鯨魚可能會在價格下跌期間拋售其持有的資產。這表明狗狗幣未來可能會形成更強的阻力。

What’s Next For DOGE Price?

DOGE 價格的下一步是什麼？

Dogecoin witnessed its support level at $0.075, suggesting that buyers stepped in and rebounded the price from that level. This resulted in the formation of a bear trap; however, they aim to defend a surge above the EMA20 trend line. As of writing, DOGE price trades at $0.0835, surging over 1.1% from yesterday’s rate.

狗狗幣的支撐位為 0.075 美元，表明買家介入並將價格從該水平反彈。這導致了熊陷阱的形成；然而，他們的目標是捍衛 EMA20 趨勢線之上的飆升。截至撰寫本文時，DOGE 價格交易價格為 0.0835 美元，較昨天上漲 1.1% 以上。

Currently, bulls are attempting to hold the recovery rally, but these efforts are expected to encounter significant resistance at the 20-day Exponential Moving Average (EMA) and also around $0.093.

目前，多頭正試圖維持復甦反彈，但預計這些努力將在 20 日指數移動平均線 (EMA) 和 0.093 美元附近遇到重大阻力。

Should Dogecoin’s price reverse from this level, its price could potentially drop to the $0.07 mark. While this price point may attract some buying interest, a continued bearish trend could send the price down further to $0.061.

如果狗狗幣的價格從該水準反轉，其價格可能會跌至 0.07 美元大關。雖然這個價格點可能會吸引一些購買興趣，但持續的看跌趨勢可能會使價格進一步跌至 0.061 美元。

For a bullish reversal, it’s crucial for the bulls to not only push the price but also hold it above the resistance zone ranging from $0.093 to $0.11. Achieving this would indicate the beginning of a new upward trend, potentially leading the price towards $0.15.

對於看漲反轉來說，多頭不僅要推高價格，還要將其保持在 0.093 美元至 0.11 美元的阻力區上方，這一點至關重要。實現這一目標將表明新的上升趨勢的開始，可能導致價格上漲至 0.15 美元。