(24-hour Dogecoin price trend)

（24小时狗狗币价格走势）

Dogecoin (DOGE) Price Analysis: Bearish Trend Continues

As of January 8, 2025, 1:00 PM UTC, the price of Dogecoin (DOGE) sits at $0.35261315319085. The 24-hour trading volume for DOGE is $5481341956.695, indicating significant trading activity.

狗狗币 (DOGE) 价格分析：看跌趋势持续截至 UTC 时间 2025 年 1 月 8 日下午 1:00，狗狗币 (DOGE) 的价格为 0.35261315319085 美元。 DOGE 的 24 小时交易量为 5481341956.695 美元，表明交易活动活跃。

Over the past 24 hours, the price of DOGE has taken a sharp downturn, experiencing a decrease of -9.64258851%. This sharp drop suggests a bearish trend in the short term.

过去24小时，DOGE价格大幅下跌，跌幅为-9.64258851%。这种急剧下跌表明短期趋势看跌。

Key Metrics:

关键指标：

• Circulating Supply: 147533606383.71 DOGE
• Maximum Supply: N/A
• Total Supply: 147533606383.71 DOGE
• Market Capitalization: $52022290148.577

Technical Analysis:

流通供应量：147533606383.71 DOGE最大供应量：N/A总供应量：147533606383.71 DOGE市值：$52022290148.577技术分析：

The technical analysis of DOGE's price chart indicates a bearish trend. The price has broken below key support levels, suggesting further downward movement in the coming days. Indicators such as the Relative Strength Index (RSI) and the Stochastic Oscillator are in oversold territory, indicating that DOGE may be due for a correction.

DOGE 价格图表的技术分析表明看跌趋势。价格已跌破关键支撑位，表明未来几天将进一步下跌。相对强弱指数 (RSI) 和随机振荡指标等指标处于超卖区域，表明 DOGE 可能会进行调整。

Market Sentiment:

市场情绪：

The market sentiment towards DOGE has become increasingly negative in recent days. The sharp price drop has led investors and traders to question the long-term viability of the cryptocurrency. There is concern that DOGE's high volatility and lack of underlying utility may limit its potential for growth.

最近几天，市场对DOGE的情绪变得越来越负面。价格大幅下跌导致投资者和交易员质疑加密货币的长期生存能力。有人担心 DOGE 的高波动性和缺乏潜在效用可能会限制其增长潜力。

Conclusion:

结论：

The recent price movements and technical analysis suggest that Dogecoin is currently in a bearish trend. The sharp drop in price and negative market sentiment indicate that the cryptocurrency may continue to decline in value in the short term. Investors and traders should exercise caution when considering DOGE investments and monitor price movements closely.

最近的价格走势和技术分析表明狗狗币目前处于看跌趋势。价格的大幅下跌和负面的市场情绪表明加密货币短期内可能会继续贬值。投资者和交易者在考虑 DOGE 投资​​时应谨慎行事，并密切关注价格走势。