Dogecoin Hovers Near Key Demand Zone Amidst Recent Decline

狗狗幣在近期下跌中徘徊在關鍵需求區域附近

Over the past week, Dogecoin (DOGE) has experienced an 11% decline. However, this trend may be nearing its end, as DOGE currently rests above a significant on-chain support block.

過去一周，狗狗幣（DOGE）下跌了 11%。然而，這種趨勢可能已接近尾聲，因為 DOGE 目前位於重要的鏈上支撐塊上方。

Demand Zone and Investor Psychology

需求區域與投資者心理

On-chain analysis reveals that DOGE is within a zone of high demand, where numerous investors have purchased their coins. These demand zones are determined by the average price at which various addresses first acquired their DOGE.

鏈上分析顯示，DOGE 處於高需求區域，許多投資者已經購買了他們的代幣。這些需求區域由各個地址首次取得其 DOGE 的平均價格決定。

Major Demand Zone Near Current Price Level

主要需求區接近目前價格水平

Data from IntoTheBlock indicates that a sizable demand zone exists between $0.096 and $0.139. Approximately 409,330 addresses hold a total of 45 billion DOGE within this range.

IntoTheBlock 的數據表明，在 0.096 美元至 0.139 美元之間存在相當大的需求區域。此範圍內約有 409,330 個位址持有總計 450 億個 DOGE。

The cost basis is a crucial level for most investors, influencing their reaction when the spot price retests it. A significant cluster of investors sharing a cost basis within a narrow range can result in a pronounced price reaction upon retest.

對於大多數投資者來說，成本基礎至關重要，會影響他們在現貨價格重新測試時的反應。大量投資者在較窄的範圍內共享成本基礎，可能會導致重新測試時出現明顯的價格反應。

Impact of Demand Zone

需求區的影響

The demand zone near the $0.115 average price has seen several addresses acquire DOGE, suggesting its retest could have a notable impact on the memecoin.

在平均價格 0.115 美元附近的需求區域，有幾個地址收購了 DOGE，這表明其重新測試可能會對 memecoin 產生顯著影響。

Historically, demand zones below the current price have served as support for cryptocurrencies. This is due to the tendency of investors to respond to the retesting of profitable positions by buying more or selling in fear of further losses.

從歷史上看，低於當前價格的需求區域一直是加密貨幣的支撐。這是由於投資者傾向於透過買入更多或因擔心進一步損失而賣出來對獲利部位進行重新測試。

Resistance and Future Outlook

阻力與未來展望

IntoTheBlock notes that DOGE may face resistance around $0.16, where 20 billion DOGE are currently held at a loss.

IntoTheBlock 指出，DOGE 可能面臨 0.16 美元左右的阻力，目前 200 億 DOGE 處於虧損狀態。

It remains unclear whether the on-chain demand zone will prevent DOGE's decline if it falls to retest levels.

目前還不清楚，如果 DOGE 跌至重新測試的水平，鏈上需求區是否會阻止 DOGE 的下跌。

Price Performance

性價比

The past week has been challenging for DOGE investors, with a drop of approximately 11%. DOGE is currently trading around $0.142.

過去一周對 DOGE 投資者來說充滿挑戰，下跌了約 11%。 DOGE 目前的交易價格約為 0.142 美元。