狗狗幣陷入困境：市場動盪中多頭清算觸及 6 個月峰值

看跌情緒繼續跟隨狗狗幣，4 月 12 日多頭清算飆升至 1,600 萬美元的 30 天高點，而比特幣價格下跌後市場整體下跌。

Dogecoin Faces Market Turbulence, Long Liquidations Reach Six-Month High

狗狗幣面臨市場動盪，多頭清算創六個月新高

The cryptocurrency market has witnessed a significant decline in the value and trading activity of Dogecoin (DOGE) in recent times. According to data from leading analytics platform Coinglass, DOGE experienced a surge in forced closure of long positions, reaching $16 million on April 12th. This marks the highest level of long liquidations for the memecoin in the past 30 days.

最近，加密貨幣市場見證了狗狗幣（DOGE）的價值和交易活動大幅下降。根據領先分析平台 Coinglass 的數據，DOGE 的多頭部位被迫平倉激增，4 月 12 日達到 1,600 萬美元。這標誌著 memecoin 過去 30 天內多頭清算的最高水準。

The wave of liquidations on DOGE futures contracts occurred amidst a broader market downturn, triggered by a decline in the price of Bitcoin (BTC), the bellwether cryptocurrency. The entire cryptocurrency market witnessed trade positions worth over $860 million liquidated among 270,993 traders, reflecting a widespread sell-off and loss of confidence in digital assets.

DOGE 期貨合約的清算浪潮發生在更廣泛的市場低迷時期，這是由加密貨幣領頭羊比特幣 (BTC) 價格下跌引發的。整個加密貨幣市場有 270,993 名交易者價值超過 8.6 億美元的交易頭寸被清算，反映出廣泛的拋售和對數位資產的信心喪失。

Long liquidations in the futures market are triggered when a trader's position is forcibly closed due to insufficient funds to maintain it. These liquidations typically occur during sudden price drops, as traders who have staked on rising prices are forced out of their positions. In contrast to long liquidations, short liquidations occur when a trader's bet on falling prices is unexpectedly reversed by a price surge.

當交易者的部位因維持資金不足而被強制平倉時，就會觸發期貨市場的多頭清算。這些清算通常發生在價格突然下跌期間，因為押注價格上漲的交易者被迫平倉。與多頭清算相反，當交易者對價格下跌的押注因價格飆升而意外逆轉時，空頭清算就會發生。

On April 12th, DOGE short liquidations totaled $3.08 million, indicating a smaller number of traders who had anticipated a decline in the memecoin's value. However, the substantial volume of long liquidations suggests that a significant proportion of traders had placed their bets on a rise in DOGE's price, only to be caught off guard by the market's downturn.

4 月 12 日，DOGE 空頭清算總額為 308 萬美元，顯示 memecoin 價值下跌的交易者數量預計減少。然而，大量多頭清算顯示很大一部分交易者押注 DOGE 價格上漲，但市場低迷卻讓他們措手不及。

Amidst this bearish sentiment, the price of DOGE has continued to decline, falling 13% in the past 24 hours and extending its weekly losses to 6%. At the time of writing, the leading memecoin is valued at $0.1721, down from $0.2057 at the start of the week.

在這種看跌情緒中，DOGE的價格持續下跌，過去24小時下跌了13%，週跌幅擴大至6%。截至撰寫本文時，領先的模因幣估值為 0.1721 美元，低於本周初的 0.2057 美元。

Technical analysis of DOGE's price movements on the one-day chart indicates further potential for losses. Key momentum indicators such as the Relative Strength Index (RSI) and Money Flow Index (MFI) have registered a steady decline, reflecting a dwindling demand for DOGE among market participants and a surge in coin sales.

一日圖表上 DOGE 價格走勢的技術分析顯示進一步下跌的可能性。相對強度指數（RSI）和資金流量指數（MFI）等關鍵動量指標穩定下降，反映出市場參與者對 DOGE 的需求下降以及代幣銷售的激增。

The Directional Movement Index (DMI) readings for DOGE show a significant shift in market sentiment, with the positive trend indicator (green) falling below the negative indicator (red) on April 12th. This technical pattern suggests a reversal from bullish to bearish momentum, indicating a resurgence of bearish sentiment and an increase in profit-taking activity.

DOGE 的方向運動指數 (DMI) 讀數顯示市場情緒發生重大轉變，4 月 12 日正向趨勢指標（綠色）跌破負向指標（紅色）。這種技術模式顯示看漲勢頭逆轉為看跌勢頭，顯示看跌情緒重新抬頭，獲利了結活動增加。

Additionally, the Moving Average Convergence Divergence (MACD) line has settled above its signal line, confirming the short-term moving average for DOGE is higher than its long-term moving average. When these lines are arranged in this manner, it is often interpreted as a sign of intensifying selling pressure, suggesting a potentially challenging period for Dogecoin holders.

此外，移動平均收斂分歧（MACD）線已穩定在其訊號線上方，確認 DOGE 的短期移動平均線高於其長期移動平均線。當這些線以這種方式排列時，通常被解釋為拋售壓力加劇的跡象，表明狗狗幣持有者面臨著潛在的挑戰時期。

In conclusion, the recent surge in long liquidations and technical indicators point to a bearish outlook for Dogecoin. The decline in price, coupled with declining demand and a shift in market sentiment, suggests that DOGE may face further losses in the near future. Investors are advised to exercise caution and carefully assess market conditions before making any trading decisions.

總之，近期多頭清算和技術指標的激增表明狗狗幣的前景看跌。價格下跌，加上需求下降和市場情緒的轉變，表明 DOGE 在不久的將來可能會面臨進一步的損失。建議投資者在做出任何交易決定之前保持謹慎並仔細評估市場狀況。