Dogecoin Eyes Recovery after Altcoin Slide

山寨币下滑后狗狗币开始复苏

Over the past week, Dogecoin has experienced a significant drawdown, but it is now making a notable recovery attempt.

过去一周，狗狗币经历了大幅下跌，但现在正在做出显着的复苏尝试。

Whale Activity and Trading Volume

鲸鱼活动和交易量

Dogecoin whales have played a key role in the recent growth, acquiring approximately 6.4 billion DOGE overnight. According to data from IntoTheBlock, whale transactions have surged to 11.74 billion DOGE, indicating increased confidence in the asset.

狗狗币鲸鱼在最近的增长中发挥了关键作用，一夜之间获得了约 64 亿个 DOGE。根据 IntoTheBlock 的数据，鲸鱼交易量已飙升至 117.4 亿 DOGE，表明对该资产的信心增强。

Trading volume has also jumped by over 58% in the past 24 hours, reaching $600,461,241. This surge suggests rising interest and potential support for the recovery effort.

过去 24 小时内交易量也增长了 58% 以上，达到 600,461,241 美元。这种激增表明人们对复苏努力的兴趣和潜在支持不断增加。

Technical Analysis

技术分析

Despite the recent decline, Dogecoin's price has shown signs of bullish reversal. After an extended bearish trend, the coin has begun to consolidate and form a support level around $0.134. A continuation of whale buying could drive scarcity and trigger a price surge.

尽管最近有所下跌，但狗狗币的价格已显示出看涨逆转的迹象。在经历了长期的看跌趋势之后，代币开始盘整并在 0.134 美元附近形成支撑位。持续购买鲸鱼可能会导致稀缺并引发价格飙升。

Market Sentiment

市场情绪

Dogecoin's market influence remains muted, given its market capitalization of $19,464,473,979. However, it is still susceptible to broader market trends. If Bitcoin spot ETFs drive Bitcoin's price higher, Dogecoin could benefit from its positive correlation with the leading cryptocurrency.

鉴于狗狗币的市值为 19,464,473,979 美元，其市场影响力仍然不大。然而，它仍然容易受到更广泛的市场趋势的影响。如果比特币现货 ETF 推动比特币价格走高，狗狗币可能会受益于其与领先加密货币的正相关性。

Developer Caution

开发者注意事项

Dogecoin developer Mishaboar has advised the community to exercise caution when exploring alternative cryptocurrencies without proper risk assessment.

狗狗币开发商 Mishaboar 建议社区在没有适当风险评估的情况下探索替代加密货币时要谨慎行事。