Dogecoin Drops Amidst Cryptocurrency Market Concerns

狗狗幣因加密貨幣市場擔憂而下跌

Dogecoin (DOGE), the leading meme coin in the crypto market, experienced a 6% decline on January 8, reaching its lowest point in nearly a week at $0.3415.

加密貨幣市場中領先的迷因幣狗狗幣 (DOGE) 於 1 月 8 日下跌 6%，觸及近一周最低點 0.3415 美元。

This drop was accompanied by a surge in trading volume, with tokens worth $5.26 billion exchanged, compared to $3.3 billion on Tuesday. This suggests increased selling pressure from investors liquidating their positions.

這一下降伴隨著交易量的激增，代幣交易量達到 52.6 億美元，而周二為 33 億美元。這顯示投資者清算部位的拋售壓力增加。

Liquidations have also surged, with $20 million worth of bullish positions liquidated on Tuesday and nearly $15 million on Wednesday. Large liquidations often result in sharp price declines as leveraged positions are forcefully closed.

清算量也激增，週二清算了價值 2000 萬美元的多頭頭寸，週三清算了近 1500 萬美元。由於槓桿部位被強制平倉，大量清算通常會導致價格急劇下跌。

Dogecoin's weighted funding rate remains positive, indicating reduced demand for long positions. This reflects caution among investors as cryptocurrency prices retreat amidst rising US bond yields.

狗狗幣的加權融資利率仍然為正，顯示多頭部位需求減少。這反映出投資人在美國公債殖利率上升的情況下加密貨幣價格回落的謹慎態度。

Despite the setbacks, some analysts remain optimistic about Dogecoin's prospects. Bitcoin, which often influences broader market trends, remains in a bullish trend and has formed a bullish pennant pattern, suggesting potential gains ahead.

儘管遇到挫折，一些分析師仍然對狗狗幣的前景感到樂觀。比特幣經常影響更廣泛的市場趨勢，目前仍處於看漲趨勢，並已形成看漲三角旗模式，顯示未來可能會上漲。

Historical data shows that Dogecoin has exhibited similar price movements in previous years. After a rally in November 2023, there was a subsequent drop, consolidation, and recovery in 2024. Analysts believe a similar pattern may unfold in 2025.

歷史數據顯示，狗狗幣在前幾年也表現出類似的價格趨勢。在2023年11月的反彈之後，隨後出現了下跌、盤整和2024年的復甦。

Dogecoin Price Analysis

狗狗幣價格分析

DOGE has retreated in recent weeks, hovering above the 38.2% Fibonacci retracement level and moving averages.

最近幾週，DOGE 有所回落，徘徊在 38.2% 斐波那契回撤位和移動平均線之上。

The Percentage Price Oscillator indicator suggests bullish momentum.

百分比價格振盪指標顯示看漲勢頭。

DOGE may potentially rebound to its previous high of $0.4830, representing a 43.50% gain. Alternatively, a decline to the December low of $0.2630 remains possible.

DOGE 可能會反彈至先前的高點 0.4830 美元，漲幅為 43.50%。或者，仍有可能跌至 12 月低點 0.2630 美元。