Dogecoin Price Vulnerable: Analysts Forecast 20% Drop

狗狗币价格脆弱：分析师预测下跌 20%

Dogecoin (DOGE), the prominent meme cryptocurrency, is expected to prolong its downward trend based on indicators from whale activity and price action.

狗狗币（DOGE）是著名的模因加密货币，根据鲸鱼活动和价格走势的指标，预计其下降趋势将持续下去。

Whale Transfers Large Amount of DOGE

鲸鱼转移大量 DOGE

Whale Alert, a transaction tracker, reported a large transfer of 146.6 million DOGE (worth $56.5 million) from an unknown wallet to the cryptocurrency exchange Robinhood. In the cryptocurrency domain, such transfers to exchanges are commonly perceived as a bearish sign, suggesting an intention to sell that could lead to price declines.

交易跟踪器 Whale Alert 报告称，有 1.466 亿 DOGE（价值 5650 万美元）从一个未知钱包转移到加密货币交易所 Robinhood。在加密货币领域，这种向交易所的转移通常被视为看跌信号，表明有可能导致价格下跌的抛售意图。

Technical Analysis and Support Levels

技术分析和支撑位

Technical analysis reveals a bearish outlook for DOGE, with the formation of an inverted hammer candlestick pattern at the crucial resistance level of $0.42. Furthermore, downward momentum is evident. If DOGE remains below $0.42, there is a significant probability of a 20% decline to $0.35 in the near term. However, this projection is only viable while DOGE trades below the $0.42 level.

技术分析显示 DOGE 前景看跌，在关键阻力位 0.42 美元处形成倒锤子烛台形态。此外，下行势头明显。如果 DOGE 保持在 0.42 美元以下，则短期内很可能下跌 20% 至 0.35 美元。然而，这一预测仅在 DOGE 交易价格低于 0.42 美元水平时才可行。

Traders' Sentiment

交易者情绪

Coinglass, an on-chain analytics firm, also supports the bearish sentiment. The DOGE long/short ratio indicates dominance by short sellers. Currently, this ratio stands at 0.78, a low not seen since November 2024. Additionally, 56% of top traders hold short positions, while only 44% hold long positions.

链上分析公司 Coinglass 也支持看跌情绪。 DOGE 多头/空头比率表明卖空者占据主导地位。目前，该比率为 0.78，为 2024 年 11 月以来的最低水平。此外，56% 的顶级交易者持有空头头寸，而只有 44% 的交易者持有多头头寸。

200-Day Moving Average

200 天移动平均线

Despite the bearish outlook, the 200-day Exponential Moving Average (EMA) on the daily time frame suggests an uptrend. However, this trend may be subject to change if DOGE fails to regain support above $0.42.

尽管前景看跌，但每日时间框架内的 200 天指数移动平均线 (EMA) 显示上升趋势。然而，如果 DOGE 未能重新获得 0.42 美元上方的支撑，这一趋势可能会发生变化。