You can also read this news on COINTURK NEWS: Dogecoin Price Analysis and Market Behavior
Dogecoin was rejected from the local resistance zone at $0.165, which was also the highest level of the trading range in April. Since the peak level on May 6, Monday, DOGE has recorded a 12% loss.

您還可以在 COINTURK NEWS 上閱讀此新聞：狗狗幣價格分析和市場行為狗狗幣在 0.165 美元的局部阻力區被拒絕，這也是 4 月份交易區間的最高水平。自 5 月 6 日星期一的高峰以來，DOGE 已下跌 12%。

Dogecoin Analytical Report
A recent analysis report indicates that a significant portion of Dogecoin holders are still in profit. The recent market retreat has been deep, reversing all gains made in the latter half of March. However, the selling pressure from these holders is not as severe as feared.

狗狗幣分析報告最近的一份分析報告表明，狗狗幣持有者很大一部分仍在獲利。最近的市場大幅回調，扭轉了 3 月下旬的所有漲幅。然而，這些持有者的拋售壓力並不像人們擔心的那麼嚴重。

The cryptocurrency's price fell below $0.2, turning the level into resistance since April. There have been increases in social dominance, but social volume has remained largely unchanged. This does not indicate an upward trend, but it shows that Dogecoin's presence on social media is at least consistent. Looking at on-chain metrics, we see a significant drop from the highest levels of daily active addresses in February, consistently low for the last six weeks.

該加密貨幣的價格跌破 0.2 美元，自 4 月以來該水準成為阻力位。社會主導地位增加，但社會規模基本上維持不變。這並不表示有上升趨勢，但它表明狗狗幣在社群媒體上的存在至少是一致的。從鏈上指標來看，我們發現 2 月每日活躍地址的最高水準顯著下降，在過去六週內一直處於較低水準。

DOGE Liquidations
This situation was a sign that addresses were not engaging in transactions, indicating a decrease in demand. The transaction volume was relatively consistent in the first half of April. Since then, there has been a dramatic drop towards the end of the month. There has been some recovery in the last ten days, which was encouraging but does not signify a bullish trend for the token.

DOGE 清算這種情況表示地址沒有參與交易，表示需求減少。 4月上半月成交量較為穩定。從那時起，到月底就出現了急劇下降。過去十天出現了一些復甦，這是令人鼓舞的，但並不意味著代幣的看漲趨勢。

Inactive circulation saw a significant increase on April 26, likely indicating a large amount of tokens being transferred, possibly for sale. Since that time, the metric has remained quiet, signaling a reduction in selling pressure. The total liquidation levels delta was quite negative, showing that short liquidations significantly outweighed long liquidations. Consequently, we might expect prices to rise further to eliminate the indicated liquidations, which could occur after removing the nearest liquidity pockets at $0.147 and $0.144. For this reason, we might see a movement towards the $0.144 liquidity cluster followed by a short-term rise to $0.155-$0.16.

4 月 26 日，不活躍流通量顯著增加，可能表示大量代幣被轉移或出售。自那時以來，該指標一直保持安靜，顯示拋售壓力減輕。總清算水準 Delta 相當為負，表示空頭清算顯著超過多頭清算。因此，我們可能會預期價格將進一步上漲，以消除指示的清算，這可能在消除最近的流動性口袋（0.147 美元和 0.144 美元）後發生。因此，我們可能會看到流動性向 0.144 美元移動，隨後短期上漲至 0.155-0.16 美元。

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