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Dogecoin, the well-known cryptocurrency originally created as a joke, has seen a price decrease after a significant trading period that elevated its value. The decline occurred as almost 140 million Dogecoin, equivalent to over $30 million, were shifted to Coinbase, a leading cryptocurrency exchange. Analysts regard this hefty transfer as a potential catalyst for the drop in Dogecoin’s value since it suggests a possible sell-off.
狗狗幣是一種著名的加密貨幣,最初是作為一個笑話而創建的,在經歷了一段大幅提升其價值的交易期後,其價格出現了下跌。下跌發生的原因是近 1.4 億美元的狗狗幣(相當於超過 3,000 萬美元)被轉移到領先的加密貨幣交易所 Coinbase。分析師認為,這筆巨額轉移是狗狗幣價值下跌的潛在催化劑,因為它表明可能會出現拋售。
Notable Transfer Precedes Dogecoin Price Dip
狗狗幣價格下跌前出現顯著轉移
The blockchain transaction tracker Whale Alert flagged a large transfer of Dogecoin to Coinbase. The sum, 139.99 million DOGE, worth about $30.22 million, was moved amid the digital coin’s depreciation, hinting at a correlation between the influx of tokens to the exchange and the bearish price action. This development comes as an uptick in available DOGE on cryptocurrency exchanges often aligns with a downward price trajectory.
區塊鏈交易追蹤器 Whale Alert 標記了狗狗幣向 Coinbase 的大量轉移。總金額為 1.3999 億 DOGE,價值約 3022 萬美元,是在數位貨幣貶值的情況下轉移的,這暗示了代幣湧入交易所與看跌價格走勢之間的相關性。這一發展是由於加密貨幣交易所上可用 DOGE 的上升通常與價格下降軌跡一致。
Dogecoin’s Market Sentiment Wanes
狗狗幣的市場情緒減弱
Despite the recent downturn, Dogecoin’s price analysis over the long term indicates a potential recovery, moving from a downward to an upward trend. Nevertheless, present market indicators and on-chain data reflect negatively on Dogecoin’s immediate momentum, with analysts observing heightened speculation from traders and investors regarding the coin’s future.
儘管最近出現低迷,但狗狗幣的長期價格分析顯示潛在的復甦,從下降趨勢轉向上升趨勢。然而,目前的市場指標和鏈上數據對狗狗幣的近期勢頭產生了負面影響,分析師觀察到交易員和投資者對該代幣未來的猜測加劇。
Current trading data echoes this skepticism, revealing a decrease in open interest and a substantial drop in trading volume. These figures contribute to the consensus of a bearish outlook on Dogecoin. Prior to this decline, Dogecoin had breached important resistance levels, reaching a peak not seen in over two years, which fueled investor excitement. In spite of the fall, expectations remain that Dogecoin may reevaluate previous resistance as a support level, potentially climbing to higher price benchmarks. At present, Dogecoin is trading slightly lower, marking a decrease in the past day.
目前的交易數據呼應了這種懷疑,顯示未平倉合約減少,交易量大幅下降。這些數字促成了人們對狗狗幣看跌前景的共識。在這次下跌之前,狗狗幣已經突破了重要的阻力位,達到了兩年多來未見的峰值,這激起了投資者的興奮。儘管價格下跌,人們仍然預期狗狗幣可能會重新評估先前的阻力位作為支撐位,並有可能攀升至更高的價格基準。目前,狗狗幣的交易價格小幅走低,標誌著過去一天的下跌。
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