Dogecoin Price Action: Navigating Market Cycles

狗狗币价格走势：驾驭市场周期

Dogecoin price action has been analyzed through Wyckoff Logic, revealing the progression through the Wyckoff market cycle.

狗狗币的价格走势已通过威科夫逻辑进行了分析，揭示了威科夫市场周期的进展。

Accumulation and Mark Up

积累和加价

DOGE transitioned from the Accumulation phase, characterized by 'Jump The Creek' patterns, into the Mark Up phase. This phase witnessed price increases and heightened trading volumes, indicating growing market participation. Dogecoin experienced breakouts and retests at key resistance levels, confirming the strength of the uptrend.

DOGE 从以“Jump The Creek”模式为特征的吸筹阶段过渡到加价阶段。这一阶段见证了价格上涨和交易量增加，表明市场参与度不断增加。狗狗币经历了关键阻力位的突破和重新测试，证实了上升趋势的强度。

Distribution and Mark Down

分发和降价

In 2025, Dogecoin entered the first wave of the Mark Up phase, marked by a price surge towards the upper resistance of the Accumulation phase. This was followed by consolidation, with the price appreciating rapidly and approaching a 'Blow-Off Top,' typical of the Mark Up phase culmination.

2025 年，狗狗币进入第一波加价阶段，其标志是价格飙升至吸筹阶段的上限阻力。随后是盘整，价格迅速升值并接近“上涨顶部”，这是加价阶段顶峰的典型特征。

The subsequent Distribution phase could involve profit-taking by early buyers, potentially increasing supply over demand. This could lead to the Mark Down phase, where prices would decline, completing the cycle.

随后的分销阶段可能涉及早期买家的获利了结，从而可能导致供应超过需求。这可能会导致降价阶段，价格会下降，从而完成周期。

Technical Analysis

技术分析

Dogecoin has rejected the daily 8 EMA, facing resistance despite attempts to breach the moving average. Higher highs on a 10-minute timeframe indicate an upward trend, while a trendline acting as support further influences price action. Market uncertainty is evident as the price oscillates between the EMA and trendline.

狗狗币已经拒绝了每日 8 EMA，尽管试图突破移动平均线，但仍面临阻力。 10 分钟时间范围内较高的高点表明上升趋势，而作为支撑的趋势线进一步影响价格走势。当价格在 EMA 和趋势线之间振荡时，市场不确定性显而易见。

Liquidity Dynamics

流动性动态

Binance's DOGE/USDT Liquidation Heatmap shows significant liquidity on the long side, suggesting traders anticipate price increases. Accumulation of long positions implies continued support at higher leverage levels, potentially driving prices upward if sustained buying pressure exists.

币安的 DOGE/USDT 清算热图显示多头流动性显着，表明交易者预计价格上涨。多头头寸的积累意味着较高杠杆水平的持续支撑，如果存在持续的购买压力，可能会推动价格上涨。