Dogecoin Experiences Significant Whale Activity Amidst Market Sell-Off

狗狗币在市场抛售中经历了重大的鲸鱼活动

Cover Image: U.Today

封面图片：今日美国

Data from IntoTheBlock reveals that Dogecoin has registered large transaction volumes amounting to 7.72 billion Dogecoin, indicating substantial whale activity. However, this volume represents a 33.39% decline over the past 24 hours.

IntoTheBlock 的数据显示，狗狗币的交易量高达 77.2 亿美元，这表明鲸鱼活动非常活跃。然而，这一交易量在过去 24 小时内下降了 33.39%。

Market Conditions and Dogecoin's Performance:

市场状况和狗狗币的表现：

Despite the high transaction volumes, Dogecoin's price has trended downwards, registering a 5.03% daily drop to $0.152 at the time of writing. The decline mirrors a broader market sell-off, which has been exacerbated by profit-taking in Bitcoin (BTC).

尽管交易量很高，但狗狗币的价格却呈下降趋势，截至撰写本文时，每日下跌 5.03%，至 0.152 美元。此次下跌反映了更广泛的市场抛售，而比特币（BTC）的获利回吐加剧了这种抛售。

Liquidations and Sentiment:

清算和情绪：

Over $235 million in bets have been liquidated, including $8.59 million in Dogecoin long liquidations (bets against price declines). The Fear and Greed Index, which measures market sentiment, currently indicates "greed," suggesting the possibility of further price drops.

超过 2.35 亿美元的押注已被清算，其中包括 859 万美元的狗狗币多头清算（针对价格下跌的押注）。衡量市场情绪的恐惧和贪婪指数目前显示“贪婪”，表明价格可能进一步下跌。

Outlook for Dogecoin Price:

狗狗币价格展望：

Dogecoin's inability to surpass $0.18 on October 29 has led to profit-taking among short-term traders. Dogecoin has closed in the red for four out of the past five days and is currently hovering around $0.15.

狗狗币在 10 月 29 日未能突破 0.18 美元，导致短期交易者获利了结。过去五天里，狗狗币有四天收盘亏损，目前徘徊在 0.15 美元左右。

If Dogecoin manages to regain a footing above $0.15, it could indicate a shift by bulls to convert this level into support. Buyers may attempt to push the price above $0.18, potentially reaching $0.21.

如果狗狗币能够重新站稳 0.15 美元上方，则可能表明多头正在将这一水平转化为支撑位。买家可能会尝试将价格推高至 0.18 美元以上，有可能达到 0.21 美元。

However, if Dogecoin drops below $0.14 in the near term, this positive outlook could be hampered. The 50-day SMA at $0.12 is expected to provide support in the event of a further decline.

然而，如果狗狗币在短期内跌破 0.14 美元，这种积极的前景可能会受到阻碍。如果进一步下跌，50 日移动平均线 0.12 美元预计将提供支撑。

Original Article: U.Today

原创文章：今日美国