狗狗币和比特币：2025 年即将到来，哪个更值得购买？

过去几周，加密货币市场的表现优于大盘。自美国大选结果公布以来，比特币的价格甚至已升至 10 万美元大关。

The crypto market has outperformed in the past few weeks. As the U.S. election results showed, Bitcoin fiyatı even rose to the $100k mark. The traders are optimistic that Trump will lead to a change in regulation, which has been favorable for the asset class.

过去几周，加密货币市场的表现优于大盘。正如美国大选结果所示，比特币价格甚至升至 10 万美元大关。交易员乐观地认为特朗普将导致监管发生变化，这对资产类别有利。

Bitcoin is not the only cryptocurrency that has seen a positive appreciation. The memecoin leader ‘Dogecoin’ has also surged after the election, outperforming Bitcoin.

比特币并不是唯一出现积极升值的加密货币。模因币领头羊“狗狗币”在大选后也飙升，表现优于比特币。

In the past six weeks, the Dogecoin price has seen a 110% surge, making its 52-week high of $0.4830. However, it retraced significantly, trading at $0.3131 at press time.

在过去的六周里，狗狗币价格飙升了 110%，达到 0.4830 美元的 52 周新高。然而，其大幅回调，截至发稿时交易价格为 0.3131 美元。

Meanwhile, the Bitcoin price surged about 30% in the same period. Furthermore, it reached its high of around $108.6k and dropped to $96K at press time.

与此同时，比特币价格同期飙升约 30%。此外，截至发稿时，其最高点约为 108,600 美元，随后跌至 96,000 美元。

Bitcoin achieved a new ATH this month, but DOGE has not retested its 2021 highs. Despite this, the DOGE traders made significant profits. With the industry starting to kick into high gear, which is the better buy?

比特币本月创下新的 ATH，但 DOGE 尚未重新测试其 2021 年高点。尽管如此，DOGE 交易者还是获得了可观的利润。随着该行业开始高速发展，哪个是更好的选择？

Whale Activity And Institutional Influence: The Common Thread

鲸鱼活动和机构影响：共同点

After the approval of Bitcoin ETFs earlier this year, institutions have been the main driver of the Bitcoin price surge. At the same time, the volume of Dogecoin transactions carried out by the major participants also closely mirrors shifts in the ETF indicators.

今年早些时候比特币ETF获得批准后，机构一直是比特币价格飙升的主要推动力。与此同时，主要参与者进行的狗狗币交易量也密切反映了 ETF 指标的变化。

As for whale activity, recent data showed that whales bought over a quarter of a billion DOGE tokens. This buying happened during the recent drawdown.

至于鲸鱼活动，最近的数据显示鲸鱼购买了超过 25 亿 DOGE 代币。这次买盘发生在最近的下跌期间。

It is unsurprising that Bitcoin also recorded a recent increase in accumulation when its price was below $95,000. The growth that saw it reclaim the $99,158 level during writing was driven by aggressive whale action.

毫不奇怪，当比特币价格低于 95,000 美元时，比特币最近的积累也有所增加。在撰写本文期间，鲸鱼的激进行为推动了其上涨，收复 99,158 美元的水平。

IntoTheBlock data revealed that large holder flows rose from 1,490 BTC on December 19 to 15,260 BTC on December 20. This is attributed to increased outflows from large holders in the same period.

IntoTheBlock 数据显示，大户流量从 12 月 19 日的 1,490 BTC 上升至 12 月 20 日的 15,260 BTC。这是由于同期大户资金流出增加。

Outflows remained lower at 12,820 BTC as of 20 December, confirming more buying pressure than sell pressure. However, ETF data remained negative on Thursday and Friday for the first time since the start of December.

截至 12 月 20 日，流出量仍较低，为 12,820 BTC，证实买入压力大于卖出压力。然而，周四和周五 ETF 数据仍为负值，这是自 12 月初以来首次。

Which To Buy: Dogecoin Or Bitcoin?

买哪个：狗狗币还是比特币？

The daily timeframe of Bitcoin shows that it has relative strength and has surged steadily in comparison with Dogecoin. However, Dogecoin’s price has outperformed Bitcoin’s, giving considerable returns in the past few weeks. It has a volatile structure and still has not reached its 2021 peak.

比特币的日线图显示，与狗狗币相比，它具有相对强势，并且稳步上涨。然而，狗狗币的价格表现优于比特币，在过去几周内带来了可观的回报。它的结构不稳定，仍未达到 2021 年的峰值。

Generally, traders prefer Dogecoin over Bitcoin as it is known for its wild swings. On the other hand, long-term investors prefer Bitcoin, as it continues to reach new highs and remains persistent.

一般来说，交易者更喜欢狗狗币而不是比特币，因为狗狗币以其剧烈波动而闻名。另一方面，长期投资者更喜欢比特币，因为它不断创下新高并保持坚挺。

But what’s next for Bitcoin and the Dogecoin price as 2025 rolls in? A recent Glassnode analysis highlighted that the 2024 bull market was said to have endured only minor dips. This is unlike the previous bull markets, which saw the cryptocurrency experience significant pullbacks.

但随着 2025 年的到来，比特币和狗狗币的价格下一步会怎样呢？ Glassnode 最近的一项分析强调，据说 2024 年的牛市只经历了小幅下跌。这与之前的牛市不同，在之前的牛市中，加密货币经历了大幅回调。

Therefore, weaker selloffs are caused by increasing institutional interest and high demand for Bitcoin ETFs. These factors have added to the high demand and enticed more bullish sentiment.

因此，抛售减弱是由于机构兴趣增加和对比特币 ETF 的高需求造成的。这些因素增加了高需求并引发了更多看涨情绪。

The DOGE price has retested the 50-day EMA support zone and is ready for a bounceback. On the other hand, the Bitcoin price stalled near $96K and could continue to exhibit outperformance. If the link between DOGE and BTC holds, the Dogecoin price may be poised for future bull markets.

DOGE 价格已重新测试 50 日均线支撑区域，并准备好反弹。另一方面，比特币价格停滞在 9.6 万美元附近，并可能继续表现出色。如果狗狗币和比特币之间的联系成立，狗狗币的价格可能会为未来的牛市做好准备。

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

本文仅供参考，不提供任何财务、投资或其他建议。作者或本文提到的任何人对投资或交易可能产生的任何财务损失不承担任何责任。在做出任何财务决定之前，请先进行研究。