狗狗幣面臨巨大的拋售壓力

You can also read this news on COINTURK NEWS: Dogecoin Faces Significant Selling Pressure

您也可以在 COINTURK NEWS 上閱讀此新聞：狗狗幣面臨巨大的拋售壓力

Following the recent downturn in the cryptocurrency markets, Dogecoin (DOGE) experienced significant selling pressure at the $0.22 level, resulting in a 20% price drop to $0.18. What are the experts’ expectations while some metrics show large gains for the popular meme token?

隨著近期加密貨幣市場的低迷，狗狗幣 (DOGE) 在 0.22 美元的水平上經歷了巨大的拋售壓力，導致價格下跌 20% 至 0.18 美元。當一些指標顯示流行的 meme 代幣大幅增長時，專家的期望是什麼？

Metrics Indicate Dogecoin’s Decline

指標顯示狗狗幣正在下跌

Dogecoin’s 4-hour chart showed a peak forming a double top pattern, reinforcing the bearish sentiment among investors. While Bitcoin continues its correction before the halving, there is speculation about whether this trend will extend the downward movement in altcoins. Unlike other leading cryptocurrencies, the popular dog-themed meme token, Dogecoin, exhibited an aggressive upward trend in March. The cryptocurrency saw a significant influx in the fourth week of the month, raising its value from $0.122 to $0.228, marking an 86.8% increase.

狗狗幣的 4 小時圖表顯示形成雙頂模式的峰值，強化了投資人的看跌情緒。雖然比特幣在減半前繼續回調，但有人猜測這種趨勢是否會延續山寨幣的下跌趨勢。與其他領先的加密貨幣不同，流行的以狗為主題的迷因代幣狗狗幣在 3 月表現出強勁的上升趨勢。該加密貨幣在本月第四週出現大量湧入，其價值從 0.122 美元升至 0.228 美元，漲幅達 86.8%。

According to a recent statement by the cryptocurrency analytics platform Santiment, this growth was largely due to the awakening of large dormant whale wallets re-entering the market, which did not cause the typical FOMO that characterizes market peaks. Moreover, data shows a marginal increase of 0.21% in the number of DOGE-containing wallets over the past two weeks.

根據加密貨幣分析平台 Santiment 最近的聲明，這種增長很大程度上是由於休眠的大型鯨魚錢包重新進入市場的覺醒，這並沒有導致典型的市場高峰時期的 FOMO。此外，數據顯示，過去兩週，含有 DOGE 的皮夾數量小幅增加了 0.21%。

The Current State of DOGE

DOGE 的現狀

Dogecoin investments saw the average age drop from 510 days to 416 days within five weeks, indicating increased movement of long-held cryptocurrencies. However, with the current market correction, the DOGE price retreated from the $0.22 barrier and developed a double top bearish formation. With an intraday drop of 9%, sellers experienced a decisive break below the neckline support at $0.195. If the supply pressure continues, Dogecoin’s price could fall an additional 8%, reaching the combined support of the rising trend line and the 38.2% Fibonacci retracement level at $0.17.

狗狗幣投資的平均期限在五週內從 510 天下降到 416 天，這表明長期持有的加密貨幣的流動性增加。然而，隨著目前市場調整，DOGE 價格從 0.22 美元關卡回落，並形成雙頂看跌形態。盤中下跌 9%，賣家決定性跌破頸線支撐位 0.195 美元。如果供應壓力持續，狗狗幣的價格可能會再下跌 8%，達到上升趨勢線和 38.2% 斐波那契回檔位 0.17 美元的綜合支撐位。