随着鲸鱼向下推动市场，Dogecoin（Doge）市场绩效下降了36.43％

Dogecoin（Doge）经历了17.64％的急剧下降，这对资产的市场业绩来说是一个重大打击。这种戏剧性的跌倒使每月损失加剧了

Dogecoin (CRYPTO: DOGE) experienced a sharp decline over the past 24 hours, dropping by 17.64% to trade at $0.0826. This sell-off comes amid a broader downturn in the cryptocurrency market.

Dogecoin（加密：Doge）在过去24小时内经历了急剧下降，贸易下降了17.64％，至0.0826美元。在加密货币市场的低迷之下，这种抛售是出现的。

Over the past month, DOGE has seen a total sell-off of 36.43%, hitting lower lows on the price chart as the bearish momentum builds. This extended period of decline has erased a majority of the gains made by the meme coin in early 2023.

在过去的一个月中，Doge的总抛售总额为36.43％，随着看跌势头的建立，价格表上的价格较低。这种延长的下降时期消除了模因硬币在2023年初的大部分收益。

A look at the price chart shows that DOGE began the year trading around $0.07. As buying pressure picked up and several cryptocurrencies rallied to start 2023, DOGE experienced a strong uptick, reaching highs of $0.15. However, this rally was short-lived, and the meme coin encountered selling pressure at higher levels.

查看价格表显示，Doge开始了一年的交易，约为0.07美元。随着购买压力的增加，几次加密货币从2023年开始，Doge经历了强劲的上升，达到0.15美元。但是，这次集会是短暂的，模因硬币遇到了更高级别的销售压力。

As a result, DOGE began a steep sell-off, dropping below $0.12, $0.10, and eventually reaching lows of $0.078. After briefly consolidating around this lower support level, another round of sell-orders hit the market, causing a further sell-off.

结果，Doge开始了陡峭的抛售，下跌低于0.12美元，$ 0.10，最终达到0.078美元。在此较低的支持水平上短暂合并后，另一轮卖方上市，导致进一步的抛售。

Now, as DOGE trades at $0.0826, it appears to be forming lower lows on the price chart. This technical pattern suggests that the bearish momentum is continuing and that the path of least resistance for the meme coin remains to the downside.

现在，由于Doge的交易价格为0.0826美元，价格表上似乎形成了较低的低点。这种技术模式表明，看跌的动量正在持续，并且对模因硬币的阻力最小的路径仍然不利。

Breaking down the large sell-off, it appears to be largely driven by a few key whales a term used to describe high-net-worth investors who hold large amounts of cryptocurrency. According to data from Coinglass, over the past 24 hours, these whales a total of 270 million DOGE.

打破了大型抛售，它似乎在很大程度上是由几个关键鲸鱼驱动的，该术语用来描述持有大量加密货币的高净值投资者。根据Coinglass的数据，在过去的24小时内，这些鲸鱼总计2.7亿辆。

This massive sell-off by whales is putting immense downward pressure on the price of Dogecoin thisの時間. Typically, when whales sell in such large quantities, it can create a chain reaction in the market, leading to further sell-offs and a sell-off mentality among smaller retail investors.

鲸鱼的这种巨大抛售正对这个dogecoin的价格施加了巨大的向下压力。通常，当鲸鱼以如此大量的价格销售时，它可以在市场上产生连锁反应，从而导致进一步的抛售和较小的零售投资者的抛售心态。

As a result of the heavy selling by whales, smaller retail traders are likely selling their long positions in an attempt to lock in profits or mitigate their losses. This broader selling pressure is contributing to the continued decline in the price of DOGE.

由于鲸鱼的大量销售，较小的零售商人可能会出售其长头头寸，以试图锁定利润或减轻损失。这种更广泛的销售压力导致了门价格的持续下降。

A look at the derivatives market also reveals signs of bearish sentiment. The Funding Rate for DOGE is now negative, indicating that short traders are paying a premium to long traders a sign of bearishness. Additionally, the Open Interest (OI) for DOGE has seen a sharp decline of 30.08%, now at $2.53 billion.

看看衍生品市场还揭示了看跌情绪的迹象。 Doge的资金率现在为负，表明短交易者正在向长交易者支付溢价，这是看跌的标志。此外，Doge的开放兴趣（OI）的急剧下降了30.08％，现在为25.3亿美元。

In other words, traders are closing their positions and withdrawing liquidity from the market, adding to the downward momentum.

换句话说，交易者正在关闭自己的头寸，并从市场上撤出流动性，从而增加了下降的动力。

To summarize the technical analysis of Dogecoin (CRYPTO: DOGE) over the past 24 hours:

总结过去24小时多霉素（加密：Doge）的技术分析：

Bearish trend: DOGE has been experiencing a sell-off of late, dropping significantly from highs of $0.15 seen earlier this year.

看跌趋势：Doge最近经历了抛售，从今年早些时候看到的0.15美元下降了大幅下降。

Lower lows: As the sell-off continues, DOGE is now marking lower lows on the price chart, indicating bearishness.

低点：随着抛售的继续，Doge现在在价格表上标志着较低的低点，表明看跌。

Whale activity: A major factor contributing to the sell-off appears to be large sell-offs by whales, who are offloading hundreds of millions of DOGE tokens.

鲸鱼活动：造成抛售的主要因素似乎是鲸鱼的大量抛售，他们正在卸下数亿个Doge代币。

Derivatives bearish: The Funding Rate for DOGE is shifting into the negative territory, while OI is declining sharply, both indicating a bearish sentiment among derivatives traders.

衍生品看跌：门多格的资金率正在转移到负面的领土，而OI急剧下降，两者都表明衍生品交易者的看跌感情。

Liquidation cascade: The bearish environment is causing significant liquidations of long traders, while short traders are largely being spared by the market.

清算级联：看跌环境导致长期交易者的大量清算，而短交易者在很大程度上被市场所保留。