TL;DR

TL；

Dogecoin's network activity has reached its lowest level since October 2023, while its weekly price has dropped by 12%. Despite this negative trend, analysts remain optimistic about a potential rise if DOGE's valuation remains above $0.19.

自2023年10月以来，Dogecoin的网络活动已达到其最低水平，而其每周价格下跌了12％。尽管这种负面趋势，但如果Doge的估值仍高出0.19美元，分析师仍然对潜在的上升保持乐观。

Declining Network Activity

网络活动减少

Dogecoin, the popular meme coin, has faced a steep decline recently. Its price has plunged 12% in a week, and its market capitalization has fallen below $35 billion.

受欢迎的模因硬币Dogecoin最近面临着急剧下降。它的价格在一周内下跌了12％，其市值低于350亿美元。

Network activity, as pointed out by Ali Martinez, has also seen a significant drop, reaching its lowest point since October 2023. The analyst noted only 66 whale transactions and less than 60,000 active addresses per day.

正如阿里·马丁内斯（Ali Martinez）指出的那样，网络活动也显着下降，自2023年10月以来达到了最低点。分析师每天只注意到66次鲸鱼交易，少于60,000个活动地址。

Influence of Market Sentiment

市场情绪的影响

This development may indicate reduced user engagement, potentially impacting investor confidence and reducing interest in Dogecoin. Consequently, it could trigger further downward pressure on the price.

这一发展可能表明用户参与度减少，可能影响投资者的信心并减少对Dogecoin的兴趣。因此，它可能会触发价格进一步的下降压力。

However, dwindling network activity can also be influenced by broader market sentiment. The cryptocurrency sector has not been performing well, with Bitcoin and other major digital assets experiencing significant losses. The meme coin sector, in particular, has seen its total market capitalization fall below $70 billion.

但是，越来越多的网络活动也会受到更广泛的市场情绪的影响。加密货币行业的表现效果不佳，比特币和其他主要数字资产遭受了重大损失。尤其是，模因硬币行业的总市值低于700亿美元。

Potential Price Reversal

潜在的价格逆转

Martinez has suggested that Dogecoin could remain bullish if its price remains above the $0.16-$0.19 support zone.

马丁内斯（Martinez）建议，如果狗狗的价格保持在$ 0.16- $ 0.19的支持区，则可能仍然看涨。

"If history repeats, as long as Dogecoin holds above $0.19, it could rally to the resistance trendline at $4," he predicted.

他预测：“如果历史重演，只要狗狗币的售价高于0.19美元，它就会以4美元的价格集中在抵抗趋势线上。”

Another analyst, Cas Abbé, has drawn parallels between Dogecoin's current pattern and its historical surge to $0.70 in Q1-Q2 2021. Abbé believes that hype surrounding Elon Musk's new Department of Government Efficiency (D.O.G.E.) could fuel another rally.

另一位分析师卡斯·阿贝（CasAbbé）在第1季度2021年第1 Q2 Q2 dogecoin的当前模式和其历史增长之间取得了相似之处。阿贝贝（Abbé）认为，围绕埃隆·马斯克（Elon Musk）新的政府效率部（D.O.G.E.）的炒作炒作。

Last month, the agency's website featured Dogecoin's logo, resulting in a price spike. It remains to be seen if future initiatives from Musk's department will positively impact Dogecoin's valuation.

上个月，该机构的网站上有Dogecoin的徽标，导致价格飙升。马斯克部门的未来计划是否会对Dogecoin的估值产生积极影响，还有待观察。