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Dogecoin, the well-known cryptocurrency originally created as a joke, has seen a price decrease after a significant trading period that elevated its value. The decline occurred as almost 140 million Dogecoin, equivalent to over $30 million, were shifted to Coinbase, a leading cryptocurrency exchange. Analysts regard this hefty transfer as a potential catalyst for the drop in Dogecoin’s value since it suggests a possible sell-off.
狗狗币是一种著名的加密货币,最初是作为一个笑话而创建的,在经历了一段大幅提升其价值的交易期后,其价格出现了下跌。下跌发生的原因是近 1.4 亿美元的狗狗币(相当于超过 3000 万美元)被转移到领先的加密货币交易所 Coinbase。分析师认为,这一巨额转移是狗狗币价值下跌的潜在催化剂,因为它表明可能会出现抛售。
Notable Transfer Precedes Dogecoin Price Dip
狗狗币价格下跌之前出现显着转移
The blockchain transaction tracker Whale Alert flagged a large transfer of Dogecoin to Coinbase. The sum, 139.99 million DOGE, worth about $30.22 million, was moved amid the digital coin’s depreciation, hinting at a correlation between the influx of tokens to the exchange and the bearish price action. This development comes as an uptick in available DOGE on cryptocurrency exchanges often aligns with a downward price trajectory.
区块链交易跟踪器 Whale Alert 标记了狗狗币向 Coinbase 的大量转移。总金额为 1.3999 亿 DOGE,价值约 3022 万美元,是在数字货币贬值的情况下转移的,这暗示了代币涌入交易所与看跌价格走势之间的相关性。这一发展是由于加密货币交易所上可用 DOGE 的上升通常与价格下降轨迹一致。
Dogecoin’s Market Sentiment Wanes
狗狗币的市场情绪减弱
Despite the recent downturn, Dogecoin’s price analysis over the long term indicates a potential recovery, moving from a downward to an upward trend. Nevertheless, present market indicators and on-chain data reflect negatively on Dogecoin’s immediate momentum, with analysts observing heightened speculation from traders and investors regarding the coin’s future.
尽管最近出现低迷,但狗狗币的长期价格分析表明潜在的复苏,从下降趋势转向上升趋势。然而,当前的市场指标和链上数据对狗狗币的近期势头产生了负面影响,分析师观察到交易员和投资者对该代币未来的猜测加剧。
Current trading data echoes this skepticism, revealing a decrease in open interest and a substantial drop in trading volume. These figures contribute to the consensus of a bearish outlook on Dogecoin. Prior to this decline, Dogecoin had breached important resistance levels, reaching a peak not seen in over two years, which fueled investor excitement. In spite of the fall, expectations remain that Dogecoin may reevaluate previous resistance as a support level, potentially climbing to higher price benchmarks. At present, Dogecoin is trading slightly lower, marking a decrease in the past day.
当前的交易数据呼应了这种怀疑,显示未平仓合约减少,交易量大幅下降。这些数字促成了人们对狗狗币看跌前景的共识。在这次下跌之前,狗狗币已经突破了重要的阻力位,达到了两年多来未见的峰值,这激起了投资者的兴奋。尽管价格下跌,但人们仍然预期狗狗币可能会重新评估之前的阻力位作为支撑位,并有可能攀升至更高的价格基准。目前,狗狗币的交易价格小幅走低,标志着过去一天的下跌。
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