Dogecoin Market Analysis: Whales Exit, Retail Enters

狗狗币市场分析：鲸鱼退出，零售进入

The Dogecoin (DOGE) market is experiencing a noteworthy shift. Despite the subdued broader cryptocurrency market, Dogecoin exhibits signs of a changing investor landscape.

狗狗币（DOGE）市场正在经历一个值得注意的转变。尽管加密货币市场整体低迷，但狗狗币却显示出投资者格局正在发生变化的迹象。

Whale Exit and Retail Entry

鲸鱼退出和零售进入

On-chain data reveals that large Dogecoin whales have been gradually reducing their holdings, with the proportion owned by those holding over 0.1% of the supply decreasing from 45.3% to 41.3%. This indicates a lightening of positions by the largest holders.

链上数据显示，狗狗币大户正在逐步减持，持有供应量0.1%以上的狗狗币持有比例从45.3%下降至41.3%。这表明最大的持有者减持了头寸。

Conversely, there has been a surge in DOGE holdings among retail and mid-sized investors, who now command a larger portion of the total supply. This trend suggests growing interest from smaller investors and a potential shift towards a more decentralized ownership structure.

相反，散户和中型投资者持有的 DOGE 数量激增，他们现在占据了总供应量的更大比例。这一趋势表明小型投资者的兴趣日益浓厚，并且可能会转向更加去中心化的所有权结构。

Dogecoin Price Prediction

狗狗币价格预测

Amidst the bearish cryptocurrency market, Dogecoin has demonstrated resilience. It has seen a 4% price increase in the past day, according to CoinMarketCap.

在看跌的加密货币市场中，狗狗币表现出了韧性。根据 CoinMarketCap 的数据，过去一天价格上涨了 4%。

Technical analysis indicates that Dogecoin is close to its resistance level and could potentially test the $0.13 range. However, on a larger time frame, neither buyers nor sellers appear dominant, suggesting limited sharp price movements in the short term.

技术分析表明，狗狗币已接近其阻力位，并可能测试 0.13 美元的区间。然而，从更大的时间范围来看，买家和卖家都没有占据主导地位，这表明短期内价格剧烈波动有限。

In the near term, Dogecoin is expected to trade sideways within the $0.12 to $0.13 range. Mid-term, it approaches a test of the $0.1064 support level. A significant weekly bar close above this level could signal a bounce back towards $0.14. As of the latest update, Dogecoin trades at $0.12190.

短期内，狗狗币预计将在 0.12 美元至 0.13 美元的范围内横盘交易。中期来看，它接近测试 0.1064 美元的支撑位。周线收盘价高于该水平可能预示着反弹至 0.14 美元。截至最新更新，狗狗币的交易价格为 0.12190 美元。

Conclusion

结论

The Dogecoin market is undergoing a transformation, marked by the exit of whales and the entry of retail investors. This shift could significantly impact DOGE's price and dynamics in the future.

狗狗币市场正在经历一场转型，以鲸鱼的退出和散户投资者的进入为标志。这一转变可能会对 DOGE 未来的价格和动态产生重大影响。