Despite a general decline in the crypto market, Dogecoin, a leading meme coin, has shown resilience with a 3.5% surge in the last 24 hours. This positive movement comes as Bitcoin experiences an 11% drop from its weekly high, currently trading at $42,700 compared to $48,400.

尽管加密货币市场普遍下滑，但领先的模因币狗狗币却表现出了韧性，在过去 24 小时内飙升了 3.5%。这一积极走势发生之际，比特币较其周高点下跌了 11%，目前交易价格为 42,700 美元，而此前为 48,400 美元。

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According to data from TheCoinMonitor, a significant amount of Dogecoin ($DOGE), approximately $413.1k, entered long positions on Binance Futures today at a price of $0.081. This influx of funds into long positions is considered an extremely bullish signal for the meme coin. Following this development, the price of Dogecoin surged to reach as high as $0.084 before experiencing a slight retracement and currently trading at $0.0824.

根据 TheCoinMonitor 的数据，今日有大量狗狗币（$DOGE）（约 41.31 万美元）以 0.081 美元的价格在币安期货上建立多头头寸。资金涌入多头头寸被认为对模因币来说是一个极其看涨的信号。随着这一发展，狗狗币的价格飙升至 0.084 美元，然后经历了小幅回调，目前交易价格为 0.0824 美元。

As per CoinGecko, Dogecoin (Doge) holds a market capitalization of $11.8 billion, positioning it as the 11th largest cryptocurrency globally. Analysts are optimistic, anticipating a significant upswing in the meme coin’s valuation in the days ahead.

根据 CoinGecko 的数据，狗狗币 (Doge) 的市值为 118 亿美元，位居全球第 11 大加密货币。分析师持乐观态度，预计未来几天米姆币的估值将大幅上涨。

Dogecoin’s Path to $1: Challenges and Opportunities Ahead

The recent decline in Bitcoin’s price following the spot Bitcoin ETF approval is seen by some as a positive development for Dogecoin. This shift could lead to a rotation of market capital towards altcoins and meme coins. While several large-cap and mid-cap cryptocurrencies have experienced robust breakouts, analysts suggest that Dogecoin ($DOGE) might be next in line.

狗狗币通向 1 美元的道路：未来的挑战和机遇随着现货比特币 ETF 的批准，近期比特币价格的下跌被一些人视为狗狗币的积极发展。这种转变可能会导致市场资本转向山寨币和模因币。虽然几种大盘股和中盘股加密货币经历了强劲的突破，但分析师认为狗狗币（$DOGE）可能是下一个。

However, Dogecoin faces hurdles and needs to overcome strong resistance levels to initiate a rally. Technical analysis on TradingView indicates that $DOGE is currently underperforming key moving averages in the daily timeframe, displaying a “Sell” signal. Even in the weekly timeframe, bullish momentum would require overcoming significant resistance levels, including the 100-week Exponential Moving Average and the 200-week simple and exponential moving averages.

然而，狗狗币面临障碍，需要克服强大的阻力位才能发起反弹。 TradingView 的技术分析表明，$DOGE 目前在每日时间范围内表现不佳，显示出“卖出”信号。即使在每周时间范围内，看涨势头也需要克服重大阻力位，包括 100 周指数移动平均线和 200 周简单和指数移动平均线。

To launch a bullish trajectory, Dogecoin’s price would need to close above the $0.106 mark. Many anticipate that support from Elon Musk, a long-time supporter of Dogecoin, could play a crucial role. Musk recently affirmed his substantial holding of $DOGE and hinted at Dogecoin’s potential involvement in his company X’s upcoming peer-to-peer payments infrastructure. However, this scenario depends on the resolution of Musk’s ongoing $258 billion lawsuit, accusing him of artificially inflating $DOGE’s price.

要启动看涨轨迹，狗狗币的价格需要收于 0.106 美元大关之上。许多人预计，狗狗币的长期支持者埃隆·马斯克的支持可能会发挥至关重要的作用。马斯克最近确认了他对 DOGE 的大量持有，并暗示狗狗币可能参与其 X 公司即将推出的点对点支付基础设施。然而，这种情况取决于马斯克正在进行的 2580 亿美元诉讼的解决，该诉讼指控他人为抬高 $DOGE 的价格。

Dogecoin investors are also eyeing the upcoming Doge-1 satellite launch scheduled for February 3rd. Analysts, including Cephii, anticipate that this event could inject fresh momentum into Dogecoin’s price rally.

狗狗币投资者还关注定于 2 月 3 日发射的 Doge-1 卫星。包括 Cephii 在内的分析师预计，这一事件可能会为狗狗币的价格上涨注入新的动力。

Also Read: Tesla Supercharging Station to Accept Dogecoin Payments – Opening Soon

另请阅读：特斯拉超级充电站接受狗狗币支付——即将开业

While achieving $1 this month seems unlikely, Dogecoin enthusiasts believe the top meme coin is poised for a significant surge in 2024.

虽然狗狗币这个月似乎不太可能达到 1 美元，但狗狗币爱好者相信，这款顶级 meme 代币有望在 2024 年大幅上涨。

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

重要提示：请注意，本文仅旨在提供信息，不应被视为法律、税务、投资、财务或任何其他类型的建议。

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