Bullish expectations for Dogecoin have been dashed this month as the cryptocurrency remains trapped within its current trading range. Despite a substantial discount over the last three months and a retest of a critical support zone, DOGE has maintained its bearish trend, mirroring the overall market sentiment.

由於加密貨幣仍被困住在當前的交易範圍內，因此對狗狗幣對狗狗的期望被破壞了。儘管在過去三個月中享受了大幅折扣，並重新測試了關鍵支持區，但Doge仍保持了看跌趨勢，反映了整體市場情緒。

The $0.255 price point represented a 47% decline from its December peak, leading traders to anticipate a surge in buying pressure. Dogecoin has found support near the $0.24 level, particularly during the second week of February.

0.255美元的價格點比12月的山峰下降了47％，導致交易者預計購買壓力會增加。 Dogecoin發現了接近0.24美元的支持，尤其是在2月的第二週。

The recent trading range between the 0.5 and 0.618 Fibonacci levels has also fueled bullish expectations. The Fibonacci retracement, based on the lowest price in August 2021 and the December 2021 high, suggests potential demand within this zone. However, a failure to maintain support could lead to further declines.

最近的交易範圍在0.5到0.618斐波那契水平之間也加劇了看漲的期望。基於2021年8月的最低價格和2021年12月的最低價格，斐波那契的回溯表明該區域內的潛在需求。但是，未能維持支持可能會導致進一步下降。

Despite crossing above its signal line, Dogecoin's MACD indicator remains negative at -$0.02, indicating weak demand even with some bullish volume in recent days.

儘管越過其信號線，Dogecoin的MACD指標仍為-0.02 $ 0.02，即使最近幾天的看漲量也弱。

The current state of Dogecoin price action reflects the broader crypto market's sentiment. Negative news has dampened demand, but this may change with the possibility of ETF approvals. Rumors suggest that Dogecoin ETFs could be approved as early as next week, although official confirmation is pending.

Dogecoin價格行動的當前狀態反映了更廣泛的加密貨幣市場的情感。負面消息削弱了需求，但這可能會隨著ETF批准的可能性而改變。謠言表明，儘管官方確認正在審理中，但最早可以在下週批准Dogecoin ETF。

The market sentiment around ETF approvals has shifted significantly, as evident from the rise in Polymarket expectations from 27% to 75%. This potential development could have a major impact on Dogecoin price.

ETF批准周圍的市場情緒已經發生了重大變化，這可以從多頭市場預期的上升從27％增加到75％。這種潛在的發展可能會對多黴素的價格產生重大影響。

As the meme coin leader, Dogecoin benefits from strong institutional interest, as indicated by multiple ETF filings. ETF approvals could unlock robust liquidity inflows, potentially driving the price towards $1 or even higher.

作為模因硬幣的領導者，狗狗幣受益於強大的機構利益，如多個ETF申請所表明的那樣。 ETF批准可以解鎖強大的流動性流入，可能會將價格推向1美元甚至更高。

However, it's important to note that ETF approvals alone may not guarantee heavy liquidity, as witnessed with Ethereum. Nevertheless, the prospect of ETFs remains a positive catalyst, given Dogecoin's current discounted valuation.

但是，重要的是要注意，單獨的ETF批准可能不能保證以太坊見證的大量流動性。儘管如此，考慮到Dogecoin目前的折扣估值，ETF的前景仍然是積極的催化劑。