In an attention-grabbing chronicle witnessed within the cryptocurrency realm, Dogecoin, one of the most renowned meme-based cryptocurrencies, garnered significant investor attention today, April 3, as the token noted massive whale transactions. These transactions, emerging amid DOGE’s slip to the $0.18 level, birthed a tsunami of speculations surrounding DOGE’s price action ahead.

在加密货币领域见证的引人注目的编年史中，最著名的基于迷因的加密货币之一狗狗币在今天（4 月 3 日）吸引了投资者的广泛关注，因为该代币记录了大规模的鲸鱼交易。这些交易是在 DOGE 跌至 0.18 美元的水平期间出现的，引发了围绕 DOGE 未来价格走势的猜测海啸。

Following massive liquidations and market corrections, Dogecoin recorded a substantial plunge recently. Now, with on-chain whale activity burgeoning for the token, investors speculate over Dogecoin’s price as BTC halving approaches. Intriguingly, Bitcoin’s pre-halving correction adds up to the plunge witnessed by altcoins, as even DOGE reflected, mirroring a broader downtrend in the market.

经过大规模清算和市场调整，狗狗币最近大幅暴跌。现在，随着代币的链上鲸鱼活动蓬勃发展，随着比特币减半的临近，投资者对狗狗币的价格进行猜测。有趣的是，比特币减半前的调整加剧了山寨币的暴跌，甚至正如 DOGE 所反映的那样，反映了市场更广泛的下跌趋势。

DOGE Whale Activity Stirs Speculations Over Mixed Market Sentiments

According to the data spotlighted by the blockchain tracker Whale Alert, a staggering 583.75 million DOGE was noted to be on the move over the past 24 hours. Notably, these whale transactions showcased dumps to exchanges and accumulation by whales in hand, showcasing mixed sentiments in the market.

DOGE 鲸鱼活动引发市场情绪参差不齐的猜测根据区块链追踪器 Whale Alert 重点关注的数据，过去 24 小时内有 5.8375 亿 DOGE 活动。值得注意的是，这些鲸鱼交易显示了鲸鱼向交易所的抛售和手中的鲸鱼的积累，显示了市场的复杂情绪。

As per the data, 229 million DOGE, worth $42.95 million, was accumulated by an unknown wallet from Robinhood, whereas 60.26 million coins, worth $11.14 million, were dumped into the same CEX by another whale. Similarly, 58.81 million DOGE, worth $11.03 million, was accumulated from Coinbase, one of the leading CEXs, whereas 234.68 million DOGE, worth $43.61 million, was dumped to the same by another whale. This collectively hinted at a mixed sentiment among whales, in turn curating an uncertain scenario orbiting Dogecoin’s price action ahead.

数据显示，2.29 亿个 DOGE，价值 4295 万美元，被 Robinhood 的一个未知钱包所积累，而 6026 万个 DOGE，价值 1114 万美元，被另一只鲸鱼倾销到同一个 CEX。同样，5881万枚DOGE（价值1103万美元）是从领先的CEX之一Coinbase中积累的，而2.3468亿枚DOGE（价值4361万美元）则被另一只鲸鱼抛售给了Coinbase。这共同暗示了鲸鱼之间的复杂情绪，进而策划了围绕狗狗币未来价格走势的不确定场景。

Meanwhile, market dynamics for the meme coin further nabbed significant attention, illustrating a bearish trend win over the token.

与此同时，模因币的市场动态进一步引起了人们的广泛关注，表明看跌趋势战胜了该代币。

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Dogecoin Price Slips

As of writing, the Dogecoin token’s price noted a dip of 1.37% in the past 24 hours, currently resting at $0.184. This massive drop comes surfing the tide of recent market corrections, as mentioned above.

狗狗币价格下跌截至撰写本文时，狗狗币代币的价格在过去 24 小时内下跌了 1.37%，目前为 0.184 美元。如上所述，这次大幅下跌是在近期市场调整的浪潮中出现的。

Simultaneously, Coinglass revealed a 4.47% drop in the token’s open interest, accompanied by a dip in the OI-weighted funding rate to 0.0197%. Hinting at reduced readiness among investors to invest more in long positions, escorted by a loss of investor interest in the asset, the token took a bearish stance as of press time.

与此同时，Coinglass 透露，该代币的未平仓合约下降了 4.47%，OI 加权融资利率也下降至 0.0197%。截至发稿时，该代币采取了看跌立场，这表明投资者对多头头寸进行更多投资的意愿降低，加上投资者对该资产的兴趣丧失。

Moreover, analysis by CoinGape Media highlighted another intriguing phenomenon, wherein the dog-based meme token witnessed substantial selling pressure at the $0.22 mark, leading to a phenomenal price decrease to now trade at $0.18. In the analysis, aligning with the 4-hour chart, DOGE’s peak has formed a double-top pattern, amplifying the bearish sentiment among traders.

此外，CoinGape Media 的分析强调了另一个有趣的现象，即基于狗的 Meme 代币在 0.22 美元大关遭遇巨大抛售压力，导致价格大幅下跌，目前交易价格为 0.18 美元。分析中，与4小时图一致，DOGE的峰值已形成双顶形态，放大了交易者的看跌情绪。

Should supply pressure persist moving ahead, the DOGE price may record another dip of nearly 8% to hit combined support of the ascending trendline and 38.2% Fibonacci retracement level at $0.17. Nonetheless, crypto market enthusiasts continue to extensively eye the token as BTC halving looms and historic data showcases altcoins mimicking BTC’s price movements.

如果供应压力持续存在，DOGE 价格可能会再次下跌近 8%，以触及上升趋势线和 38.2% 斐波那契回撤位 0.17 美元的综合支撑位。尽管如此，随着 BTC 减半的临近以及历史数据显示山寨币模仿 BTC 的价格走势，加密货币市场爱好者继续广泛关注该代币。

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