Dogecoin Whales Prepare for Bullish Reversal

狗狗币鲸鱼为看涨逆转做好准备

On-chain data indicates that Dogecoin (DOGE) whales are accumulating the meme coin ahead of a potential rally.

链上数据表明，狗狗币（DOGE）鲸鱼正在在潜在的反弹之前积累模因币。

Whales Accumulate Millions of DOGE

鲸鱼积累了数百万 DOGE

On July 10th, Dogecoin whales purchased 364.38 million DOGE, marking an 868% surge from the previous day. This accumulation continued on July 12th with the acquisition of 114.71 million DOGE.

7月10日，狗狗币鲸鱼购买了3.6438亿枚DOGE，较前一日激增868%。这种积累在 7 月 12 日继续进行，收购了 1.1471 亿个 DOGE。

Metrics Suggest Bullish Trend

指标显示看涨趋势

According to IntoTheBlock, most DOGE holders are now "in the money," indicating minimal selling pressure. Additionally, the $0.10 support level proved crucial in preventing significant declines.

据 IntoTheBlock 称，大多数 DOGE 持有者现在都处于“价内”状态，这表明抛售压力很小。此外，事实证明，0.10 美元的支撑位对于防止大幅下跌至关重要。

Bitcoin Correlation Influences DOGE Rally

比特币相关性影响 DOGE 反弹

Dogecoin's positive price correlation with Bitcoin (BTC) is expected to contribute to its rally. As BTC recovers and aims for $60,000, DOGE is poised to follow suit.

狗狗币与比特币（BTC）的正价格相关性预计将有助于其上涨。随着 BTC 复苏并瞄准 60,000 美元，DOGE 也准备效仿。

Analyst Predictions

分析师预测

Analyst Kevin predicts a surge in DOGE if BTC continues its bull run. He projects a potential price target of $3.

分析师 Kevin 预测，如果 BTC 继续牛市，DOGE 将会飙升。他预计潜在目标价为 3 美元。

Market Sentiment

市场情绪

While current conditions may not appear favorable, analysts remain bullish on Dogecoin. Altcoin Sherpa anticipates "big numbers" for the meme coin later this year, while Andrew Kang predicts new highs by the end of the year or early 2025.

尽管目前的情况可能看起来并不有利，但分析师仍然看好狗狗币。 Altcoin Sherpa 预计这款模因币将在今年晚些时候出现“大数字”，而 Andrew Kang 则预测到今年年底或 2025 年初将创下新高。