Despite a general decline in the crypto market, Dogecoin, a leading meme coin, has shown resilience with a 3.5% surge in the last 24 hours. This positive movement comes as Bitcoin experiences an 11% drop from its weekly high, currently trading at $42,700 compared to $48,400.

儘管加密貨幣市場普遍下滑，但領先的迷因幣狗狗幣表現出了韌性，在過去 24 小時內飆升了 3.5%。這一積極走勢發生之際，比特幣較其周高點下跌了 11%，目前交易價格為 42,700 美元，而此前為 48,400 美元。

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According to data from TheCoinMonitor, a significant amount of Dogecoin ($DOGE), approximately $413.1k, entered long positions on Binance Futures today at a price of $0.081. This influx of funds into long positions is considered an extremely bullish signal for the meme coin. Following this development, the price of Dogecoin surged to reach as high as $0.084 before experiencing a slight retracement and currently trading at $0.0824.

根據 TheCoinMonitor 的數據，今日有大量狗狗幣（$DOGE）（約 41.31 萬美元）以 0.081 美元的價格在幣安期貨上建立多頭部位。資金湧入多頭頭寸被認為對模因幣來說是一個極其看漲的信號。隨著這一發展，狗狗幣的價格飆升至 0.084 美元，然後經歷了小幅回調，目前交易價格為 0.0824 美元。

As per CoinGecko, Dogecoin (Doge) holds a market capitalization of $11.8 billion, positioning it as the 11th largest cryptocurrency globally. Analysts are optimistic, anticipating a significant upswing in the meme coin’s valuation in the days ahead.

根據 CoinGecko 的數據，狗狗幣 (Doge) 的市值為 118 億美元，位居全球第 11 大加密貨幣。分析師持樂觀態度，預計未來幾天米姆幣的估值將大幅上漲。

Dogecoin’s Path to $1: Challenges and Opportunities Ahead

The recent decline in Bitcoin’s price following the spot Bitcoin ETF approval is seen by some as a positive development for Dogecoin. This shift could lead to a rotation of market capital towards altcoins and meme coins. While several large-cap and mid-cap cryptocurrencies have experienced robust breakouts, analysts suggest that Dogecoin ($DOGE) might be next in line.

狗狗幣通往 1 美元的道路：未來的挑戰和機會隨著現貨比特幣 ETF 的批准，近期比特幣價格的下跌被一些人視為狗狗幣的積極發展。這種轉變可能會導致市場資本轉向山寨幣和迷因幣。雖然幾種大盤股和中盤股加密貨幣經歷了強勁的突破，但分析師認為狗狗幣（$DOGE）可能是下一個。

However, Dogecoin faces hurdles and needs to overcome strong resistance levels to initiate a rally. Technical analysis on TradingView indicates that $DOGE is currently underperforming key moving averages in the daily timeframe, displaying a “Sell” signal. Even in the weekly timeframe, bullish momentum would require overcoming significant resistance levels, including the 100-week Exponential Moving Average and the 200-week simple and exponential moving averages.

然而，狗狗幣面臨障礙，需要克服強大的阻力位才能發起反彈。 TradingView 的技術分析表明，$DOGE 目前在每日時間範圍內表現不佳，顯示出「賣出」訊號。即使在每週時間範圍內，看漲動能也需要克服重大阻力位，包括 100 週指數移動平均線和 200 週簡單和指數移動平均線。

To launch a bullish trajectory, Dogecoin’s price would need to close above the $0.106 mark. Many anticipate that support from Elon Musk, a long-time supporter of Dogecoin, could play a crucial role. Musk recently affirmed his substantial holding of $DOGE and hinted at Dogecoin’s potential involvement in his company X’s upcoming peer-to-peer payments infrastructure. However, this scenario depends on the resolution of Musk’s ongoing $258 billion lawsuit, accusing him of artificially inflating $DOGE’s price.

要啟動看漲軌跡，狗狗幣的價格需要收在 0.106 美元大關之上。許多人預計，狗狗幣的長期支持者馬斯克的支持可能會發揮至關重要的作用。馬斯克最近確認了他對 DOGE 的大量持有，並暗示狗狗幣可能參與其 X 公司即將推出的點對點支付基礎設施。然而，這種情況取決於馬斯克正在進行的 2580 億美元訴訟的解決，該訴訟指控他人為提高 $DOGE 的價格。

Dogecoin investors are also eyeing the upcoming Doge-1 satellite launch scheduled for February 3rd. Analysts, including Cephii, anticipate that this event could inject fresh momentum into Dogecoin’s price rally.

狗狗幣投資者也關注定於 2 月 3 日發射的 Doge-1 衛星。包括 Cephii 在內的分析師預計，這一事件可能會為狗狗幣的價格上漲注入新的動力。

Also Read: Tesla Supercharging Station to Accept Dogecoin Payments – Opening Soon

另請閱讀：特斯拉超級充電站接受狗狗幣支付——即將開業

While achieving $1 this month seems unlikely, Dogecoin enthusiasts believe the top meme coin is poised for a significant surge in 2024.

雖然狗狗幣這個月似乎不太可能達到 1 美元，但狗狗幣愛好者相信，這款頂級 meme 代幣預計在 2024 年大幅上漲。

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

重要提示：請注意，本文僅旨在提供信息，不應被視為法律、稅務、投資、財務或任何其他類型的建議。

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