狗狗币面临巨大的抛售压力

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Following the recent downturn in the cryptocurrency markets, Dogecoin (DOGE) experienced significant selling pressure at the $0.22 level, resulting in a 20% price drop to $0.18. What are the experts’ expectations while some metrics show large gains for the popular meme token?

随着近期加密货币市场的低迷，狗狗币 (DOGE) 在 0.22 美元的水平上经历了巨大的抛售压力，导致价格下跌 20% 至 0.18 美元。当一些指标显示流行的 meme 代币大幅增长时，专家们的期望是什么？

Metrics Indicate Dogecoin’s Decline

指标表明狗狗币正在下跌

Dogecoin’s 4-hour chart showed a peak forming a double top pattern, reinforcing the bearish sentiment among investors. While Bitcoin continues its correction before the halving, there is speculation about whether this trend will extend the downward movement in altcoins. Unlike other leading cryptocurrencies, the popular dog-themed meme token, Dogecoin, exhibited an aggressive upward trend in March. The cryptocurrency saw a significant influx in the fourth week of the month, raising its value from $0.122 to $0.228, marking an 86.8% increase.

狗狗币的 4 小时图表显示形成双顶模式的峰值，强化了投资者的看跌情绪。虽然比特币在减半前继续回调，但有人猜测这种趋势是否会延续山寨币的下跌趋势。与其他领先的加密货币不同，流行的以狗为主题的模因代币狗狗币在 3 月份表现出强劲的上升趋势。该加密货币在本月第四周出现大量涌入，其价值从 0.122 美元升至 0.228 美元，涨幅达 86.8%。

According to a recent statement by the cryptocurrency analytics platform Santiment, this growth was largely due to the awakening of large dormant whale wallets re-entering the market, which did not cause the typical FOMO that characterizes market peaks. Moreover, data shows a marginal increase of 0.21% in the number of DOGE-containing wallets over the past two weeks.

根据加密货币分析平台 Santiment 最近的一份声明，这种增长很大程度上是由于休眠的大型鲸鱼钱包重新进入市场的觉醒，这并没有导致典型的市场高峰时期的 FOMO。此外，数据显示，过去两周，含有 DOGE 的钱包数量小幅增长了 0.21%。

The Current State of DOGE

DOGE 的现状

Dogecoin investments saw the average age drop from 510 days to 416 days within five weeks, indicating increased movement of long-held cryptocurrencies. However, with the current market correction, the DOGE price retreated from the $0.22 barrier and developed a double top bearish formation. With an intraday drop of 9%, sellers experienced a decisive break below the neckline support at $0.195. If the supply pressure continues, Dogecoin’s price could fall an additional 8%, reaching the combined support of the rising trend line and the 38.2% Fibonacci retracement level at $0.17.

狗狗币投资的平均期限在五周内从 510 天下降到 416 天，这表明长期持有的加密货币的流动性增加。然而，随着当前市场调整，DOGE 价格从 0.22 美元关口回落，并形成双顶看跌形态。盘中下跌 9%，卖家决定性跌破颈线支撑位 0.195 美元。如果供应压力持续，狗狗币的价格可能会再下跌 8%，达到上升趋势线和 38.2% 斐波那契回撤位 0.17 美元的综合支撑位。