Dogecoin is still following the same trajectory as the broader crypto market which is being led by Bitcoin. On its own, Dogecoin has also seen some significant negative headwinds as large sell-offs sent its price spiraling down by another 8%. However, this may not be for long if the meme coin is able to break through this crucial level.

狗狗币仍然遵循与比特币主导的更广泛的加密货币市场相同的轨迹。就其本身而言，狗狗币也遇到了一些重大的负面阻力，大规模抛售导致其价格又螺旋式下跌 8%。然而，如果模因币能够突破这一关键水平，这种情况可能不会持续太久。

Dogecoin Must Invalidate Bears Above $0.11

狗狗币必须使空头价格高于 0.11 美元无效

In a post on X (formerly Twitter), crypto analyst Ali Martinez explained the complex scenario that the Dogecoin price has encountered. The analyst starts out by showing that the meme coin had flashed a sell signal this week, as evidenced by the price decline between Sunday and Monday.

在 X（以前称为 Twitter）上的一篇帖子中，加密货币分析师 Ali Martinez 解释了狗狗币价格遇到的复杂情况。分析师首先表明，迷因币本周已发出卖出信号，周日至周一的价格下跌就证明了这一点。

This sell signal was observed by the crypto analyst using the TD Sequential on the DOGE weekly chart. The altcoin is already playing out this scenario, especially as the analyst shows that it is continuously facing resistance at this level.

加密货币分析师使用 DOGE 周线图上的 TD 序列观察到了这一卖出信号。山寨币已经在上演这种情况，特别是当分析师表明它在这个水平上持续面临阻力时。

DOGE is also facing the possibility of further downside due to this mounting resistance on the weekly chart. If it continues to fall, then there is a possibility that the price could drop back to $0.085, or even $0.078, as Ali explains.

由于周线图上阻力不断加大，DOGE 也面临进一步下跌的可能性。如果继续下跌，那么价格有可能回落至 0.085 美元，甚至 0.078 美元，正如 Ali 解释的那样。

However, there is still the possibility that Dogecoin can turn the current bearish tide around into a favorable one. Ali explains that the meme coin can negate this bearish trend if the DOGE price were able to beat $0.11. This price level has remained elusive for DOGE even through multiple weeks of recovery, making it the major roadblock to its price rally in the shorter term.

然而，狗狗币仍有可能将当前的看跌趋势转变为有利趋势。 Ali 解释说，如果 DOGE 价格能够突破 0.11 美元，meme 币就可以扭转这种看跌趋势。尽管经历了数周的复苏，但 DOGE 的价格水平仍然难以捉摸，这使其成为短期内价格上涨的主要障碍。

DOGE Flipped By Avalanche (AVAX)

DOGE 被雪崩翻转 (AVAX)

One of the many downsides of the downtrend that has plagued the Dogecoin price is the fact that it is close to being kicked out of the top 10 cryptocurrencies by market cap. Following AVAX’s run over the past month and DOGE not keeping up with the market, Avalanche has now flipped Dogecoin on the list.

困扰狗狗币价格的下行趋势的众多缺点之一是，它几乎被踢出了市值排名前十的加密货币。继 AVAX 过去一个月的上涨以及 DOGE 跟不上市场的步伐之后，Avalanche 现在已经将狗狗币排在了榜单上。

AVAX’s market cap is currently sitting above $14.6 billion at the time of this writing while DOGE’s market cap is still at $13.5 billion. This means that AVAX is now the 9th-largest cryptocurrency by market cap while Dogecoin has been pushed down to 10th place.

截至撰写本文时，AVAX 的市值目前超过 146 亿美元，而 DOGE 的市值仍为 135 亿美元。这意味着 AVAX 现在是市值第九大加密货币，而狗狗币已跌至第十位。

The disparity comes as a result of Ajax rising over 82% in one week while DOGE only rose around 7%. However, DOGE could overtake Avalanche again if it were to rise another 20% from its current market value. This would put its market cap at around $16 billion.

造成这种差异的原因是 Ajax 在一周内上涨了 82% 以上，而 DOGE 仅上涨了 7% 左右。然而，如果 DOGE 的当前市值再上涨 20%，它可能会再次超越 Avalanche。这将使其市值达到约 160 亿美元。