鯨魚和短期投資者蒙上看跌陰影，狗狗幣陷入困境

狗狗幣一直在努力突破 0.2 美元大關，鯨魚拋售和看跌模式正在出現。儘管最近有所上漲，但短期持有者增持可能會導致拋售。鏈上數據顯示鯨魚持有量下降，短期交易者數量增加，顯示加密貨幣有潛在的下行壓力。

Dogecoin Stalls as Whales and Short-Term Traders Cast Bearish Shadows

由於鯨魚和短期交易者投下看跌陰影，狗狗幣陷入停滯

The Dogecoin (DOGE) community is facing a reckoning as the cryptocurrency hovers at the $0.2 barrier, with bullish momentum dwindling among whales and other influential traders. Despite briefly surpassing this crucial threshold on March 31, DOGE has since retraced, plunging as low as $0.1719 in early April.

隨著加密貨幣徘徊在 0.2 美元關口，狗狗幣 (DOGE) 社群正面臨清算，鯨魚和其他有影響力的交易者的看漲勢頭正在減弱。儘管 DOGE 在 3 月 31 日短暫突破了這一關鍵門檻，但此後已回落，並於 4 月初跌至 0.1719 美元。

Concerningly, on-chain data reveals an ominous trend that casts a bearish cloud over the digital asset's future prospects. According to the analytics platform Santiment, whales—entities holding between 10,000,000 and 100,000,000 DOGE—have been offloading their holdings at an alarming pace. Since the beginning of April, these wallets have reduced their collective balance by a staggering 333 million DOGE.

令人擔憂的是，鏈上數據揭示了一種不祥的趨勢，為數位資產的未來前景蒙上了悲觀的陰影。根據分析平台 Santiment 的數據，鯨魚（持有 10,000,000 至 100,000,000 DOGE 的實體）一直在以驚人的速度拋售其持有的資產。自 4 月初以來，這些錢包的總餘額已減少了驚人的 3.33 億 DOGE。

This whale exodus has dire implications for DOGE's price action. Historical evidence suggests that whales exert a significant influence on market sentiment and price movements in the cryptocurrency realm. Notably, the recent decline in whale holdings coincides with an 18% drop in DOGE's value, falling from $0.2262 on March 28 to $0.1854 within a 24-hour span.

鯨魚的外流對 DOGE 的價格走勢產生了可怕的影響。歷史證據表明，鯨魚對加密貨幣領域的市場情緒和價格趨勢有重大影響。值得注意的是，最近鯨魚持有量的下降與 DOGE 的價值下跌 18% 同時發生，在 24 小時內從 3 月 28 日的 0.2262 美元跌至 0.1854 美元。

Further fueling bearish concerns, data from IntoTheBlock indicates a surge in holdings among short-term traders over the past 10 days, amounting to a 6% increase. While this may initially appear bullish, the impulsive nature of short-term traders poses a threat to DOGE's stability. Unlike whales and long-term investors, short-term traders typically hold their assets for brief durations of one to three months, making their holdings vulnerable to rapid selloffs. This could potentially trigger a downward spiral in DOGE's price.

IntoTheBlock 的數據顯示，過去 10 天短期交易者的持倉量激增，增加了 6%，這進一步加劇了看跌擔憂。雖然這最初可能看起來看漲，但短期交易者的衝動本質對 DOGE 的穩定性構成了威脅。與鯨魚和長期投資者不同，短期交易者通常持有其資產一到三個月的短暫期限，這使得他們持有的資產容易受到快速拋售的影響。這可能會引發 DOGE 價格的螺旋式下跌。

At press time, DOGE is trading at $0.1970, showing a modest 4% gain over the past 24 hours. However, the bullish momentum is waning, and a sustained upward trajectory is unlikely without a shift in sentiment among whales. If large traders continue to sell off their DOGE holdings, it could ignite a wave of fear and uncertainty, leading to a further decline in price.

截至發稿時，DOGE 的交易價格為 0.1970 美元，在過去 24 小時內小幅上漲 4%。然而，看漲勢頭正在減弱，如果鯨魚的情緒不轉變，持續上漲的趨勢就不太可能發生。如果大型交易商繼續拋售所持有的 DOGE，可能會引發一波恐懼和不確定性，導致價格進一步下跌。

IntoTheBlock has identified a formidable resistance level at $0.20—a price point that has prevented DOGE from achieving a new yearly high. Notably, over 32,000 addresses are currently holding 3.78 billion DOGE at a loss at this critical level. Surpassing this barrier could trigger a mass selloff, sabotaging the cryptocurrency's prospects for a sustained price increase.

IntoTheBlock 已經確定了 0.20 美元的強大阻力位，這個價格點阻止了 DOGE 創下年度新高。值得注意的是，目前有超過 32,000 個地址持有 37.8 億個 DOGE，處於這一關鍵水平的虧損。突破這一障礙可能會引發大規模拋售，從而破壞加密貨幣價格持續上漲的前景。

In conclusion, the current market dynamics surrounding Dogecoin raise serious concerns about its near-term trajectory. The departure of whales, coupled with the influx of short-term traders, paints a bearish picture. Unless whales regain confidence and reverse their selling trend, DOGE faces an uphill battle to break through the psychological barrier of $0.2 and reclaim its former glory.

總之，目前圍繞狗狗幣的市場動態引發了對其近期趨勢的嚴重擔憂。鯨魚的離開，加上短期交易者的湧入，描繪了一幅看跌的景象。除非鯨魚重拾信心並扭轉拋售趨勢，否則 DOGE 要突破 0.2 美元的心理關口並重拾昔日的輝煌，將面臨一場艱苦的戰鬥。