Dogecoin Bullish Breakout and Sentiment Shift

狗狗币看涨突破和情绪转变

1. Dogecoin has exhibited a bullish breakout from a notable pattern on the daily chart.
2. The weighted sentiment curve rose above the zero mark, signaling a shift to bullish overall sentiment.

Dogecoin (DOGE) has been diligently striving to emerge from a downward trend that began at the onset of April 2024. This downturn resulted in a price decline exceeding 41% from its peak levels in April.

狗狗币已经从日线图上的一个显着模式中展现出看涨突破。加权情绪曲线升至零线上方，表明整体情绪转向看涨。狗狗币（DOGE）一直在努力摆脱始于2024 年 4 月开始。这种低迷导致价格较 4 月份的峰值下降超过 41%。

Nonetheless, the market sentiment has shifted, with the bulls regaining over 30% of the lost value. Recently, Dogecoin has achieved a breakout from a significant pattern. Moreover, the weighted sentiment curve has transitioned from negative to positive, suggesting an upward trend.

尽管如此，市场情绪已经发生转变，多头收复了超过 30% 的跌幅。最近，狗狗币实现了对重要形态的突破。此外，加权情绪曲线已从负转为正，表明呈上升趋势。

DOGE Crypto: Weighted Sentiment Turned Bullish

DOGE 加密货币：加权情绪转为看涨

As per the data obtained by a financial analytics platform app.santiment.net, there has been a notable shift in investor sentiment for Dogecoin. The weighted sentiment curve has moved from a bearish to a bullish stance, crossing the zero threshold to signal a positive outlook that could continue to rise.

根据金融分析平台 app.santiment.net 获得的数据，投资者对狗狗币的情绪发生了显着变化。加权情绪曲线已从看跌转向看涨，突破零门槛，表明积极的前景可能会继续上升。

Moreover, this curve represents the collective inclination of investors and traders. It serves as an indicator of market dominance, revealing whether the bulls (positive sentiment) or the bears (negative sentiment) are in control. A positive weighted sentiment indicates a prevailing bullish mood, while a negative one suggests a bearish trend in the cryptocurrency market.

而且，这条曲线代表了投资者和交易者的集体倾向。它是市场主导地位的指标，揭示是多头（积极情绪）还是空头（消极情绪）占据主导地位。正的加权情绪表明普遍看涨情绪，而负的加权情绪则表明加密货币市场的看跌趋势。

Is Dogecoin Preparing for a Bull Run?

狗狗币正在为牛市做准备吗？

From a price point of view, Dogecoin is on the mend, steadily climbing and establishing higher lows. A positive trendline has provided support, resulting in the formation of an ascending triangle pattern on the daily chart.

从价格角度来看，狗狗币正在好转，稳步攀升并创下更高的低点。积极的趋势线提供了支撑，导致日线图上形成上升三角形形态。

The recent close above the upper resistance of this pattern has confirmed its breakout. Looking ahead, short-term traders and investors might target a 20% profit before potentially encountering another downturn.

最近收盘价高于该形态的上方阻力位已确认其突破。展望未来，短期交易者和投资者可能会以 20% 的利润为目标，然后再遇到另一次低迷。

On the flip side, a close below the $0.160 mark could invalidate this bullish pattern, potentially leading to a reversion to the previous downward trend.

另一方面，收盘价低于 0.160 美元关口可能会使这种看涨模式失效，并有可能导致回归之前的下跌趋势。

Indicators such as the MACD and RSI are currently signaling optimism for the short term, suggesting that Dogecoin’s upward trajectory could persist.

MACD 和 RSI 等指标目前表明短期内乐观，表明狗狗币的上涨轨迹可能会持续下去。

Conclusion

结论

Dogecoin is recovering from a significant April downturn, after experiencing a drop of over 41% in April. However, a shift in market sentiment has recovered over 30%. Furthermore, a breakout from an ascending triangle pattern on the chart and a bullish turn in the weighted sentiment curve suggest positive momentum. Data from app.santiment.net confirms this investor sentiment shift.

在经历了 4 月份超过 41% 的下跌之后，狗狗币正在从 4 月份的严重低迷中恢复过来。然而，市场情绪的转变已经恢复了30%以上。此外，图表上上升三角形形态的突破以及加权情绪曲线的看涨转向表明了积极的势头。来自 app.santiment.net 的数据证实了投资者情绪的这种转变。

Now, if Dogecoin maintains above $0.160, it could see further gains, with short-term targets around 20% higher. Indicators like MACD and RSI support this optimistic short-term outlook, although a drop below $0.160 could signal a return to the bearish trend.

现在，如果狗狗币维持在 0.160 美元上方，它可能会进一步上涨，短期目标上涨 20% 左右。 MACD 和 RSI 等指标支持这种乐观的短期前景，尽管跌破 0.160 美元可能预示着看跌趋势的回归。