Dogecoin Shows Signs of Recovery Despite Sideways Growth

尽管侧向增长，但Dogecoin显示出恢复的迹象

Amidst its struggle to gain value, Dogecoin (DOGE) has found support at $0.250. While its growth has been sluggish, on-chain metrics indicate that severe liquidations may be subsiding.

在获得价值的斗争中，Dogecoin（Doge）的支持为0.250美元。尽管它的生长迟钝，但链界指标表明可能会逐渐消退。

Liquidation Imbalance Narrows

清算失衡狭窄

CoinGlass data reveals that total liquidations within the past 24 hours reached $2.72 million. Long position traders experienced $1.69 million in losses, while short positions accounted for $1.03 million.

Coinglass数据显示，过去24小时内的总清算达到272万美元。长期交易者经历了169万美元的损失，而短职位占103万美元。

This liquidation amounts to 10,571,652 DOGE, with long liquidations exceeding shorts by a mere $660,000. This suggests a less significant liquidation imbalance compared to previous instances.

该清算为10,571,652个门槛，长期清算仅超过短裤660,000美元。这表明与以前的实例相比，清算失衡较低。

Sustained Trading Volume

持续交易量

Long-position traders have been instrumental in the modest growth of DOGE in the past 24 hours. CoinMarketCap data shows a slight increase of 0.94% to $0.2572. Notably, trading volume has surged by 13.41% to $1.17 billion within the same time frame.

在过去的24小时内，长位交易者在Doge的适度增长方面发挥了作用。 CoinMarketCap数据显示，略有增加0.94％，至$ 0.2572。值得注意的是，在同一时间范围内，交易量增长了13.41％，至11.7亿美元。

This renewed interest indicates a greater willingness among investors to embrace the meme coin.

这种新的兴趣表明，投资者更加愿意接受模因硬币。

ETF Approval Hopes

ETF批准希望

Speculation regarding the potential approval of a Dogecoin ETF may have boosted investor sentiment. The U.S. Securities and Exchange Commission (SEC) recently acknowledged Grayscale's application for a DOGE ETF. While approval is not guaranteed, it has ignited optimism within the community.

关于Dogecoin ETF潜在批准的猜测可能会增强投资者的情绪。美国证券交易委员会（SEC）最近承认Grayscale的Doge ETF申请。尽管不能保证批准，但它在社区中引发了乐观。

Sustained Volume Key for Further Growth

持续的体积密钥以进一步增长

Analysts believe that for DOGE to retest its $0.30 level, it must maintain elevated trading volume over an extended period. This would reduce price volatility and avoid a potential death cross that was previously identified on-chain.

分析师认为，要重新测量其0.30美元的水平，它必须在延长期间保持较高的交易量。这将降低价格波动，并避免以前在链上发现的潜在死亡十字架。