Dogecoin [Doge]矿工已经倾倒了很大一部分藏品

Dogecoin [Doge]矿工已经采取了重大举动，卸载了大部分持股。

Dogecoin [DOGE] miners have been busy, and they've been offloading a portion of their coins.

Dogecoin [Doge]矿工一直很忙，他们一直在卸下部分硬币。

As seen in the supply held by miners chart from Santiment, this sell-off marks one of the most notable reductions in miner reserves in recent times.

从Santiment的矿工图表所持有的供应中，这种抛售标志着矿工储备中最著名的减少之一。

With DOGE struggling below key moving averages, could this miner exodus spell further downside, or will the market absorb the selling pressure?Massive miner sell-off: A bearish signal?

随着多名挣扎在关键移动平均值以下，该矿工出埃及记可以进一步拼写，还是市场会吸收销售压力？大量的矿工出售：看跌信号？

Santiment’s chart revealed that Dogecoin miners had reduced their holdings from approximately 1.55 billion DOGE to 1.48 billion DOGE in just a short span.

Santiment的图表显示，Dogecoin矿工在短短的一小段时间内将其持股量从约15.5亿门降到了14.8亿辆。

This sharp decline suggested that miners are liquidating their assets, possibly to cover operational costs or in response to market conditions. Historically, large miner sell-offs have led to downward price pressure as increased supply meets static or weakening demand.

这种急剧下降表明，矿工正在清算其资产，可能是为了支付运营成本或对市场状况的响应。从历史上看，随着供应增加满足静态或削弱需求，大型矿工的抛售导致了下降价格压力。

DOGE price reaction: Resilient or vulnerable?

DOGE价格反应：弹性还是脆弱？

DOGE trades at $0.174 as of this writing, indicating a minor decline following the miner dump. The 50-day moving average [$0.202] and 200-day moving average [$0.302] continue to act as strong resistance levels, which could restrict upward momentum.

截至撰写本文时，Doge的交易价格为0.174美元，表明矿工垃圾场之后的下降小幅下降。 50天移动平均线[$ 0.202]和200天移动平均线[$ 0.302]继续充当强大的阻力水平，这可能会限制向上的动力。

Miner sell-off picked up more steam when the DOGE price saw an upward adjustment after a series of declines.

当Doge Price在一系列下降之后，矿工抛售会增加更多的蒸汽。

Despite the miner sell-off, accumulation among investors has remained stable, as seen in the accumulation/distribution chart, which sat at 20.32 billion at press time. This suggests that while miner activity adds to the selling pressure, broader market participants are still engaged in Dogecoin accumulation.

尽管矿工抛售了矿工，但投资者之间的积累仍然保持稳定，如累积/分销图中所示，发稿时的累积/分销图表达到203.2亿。这表明，虽然矿工活动增加了销售压力，但更广泛的市场参与者仍在从事狗狗蛋白的积累。

Will Dogecoin hold the support levels?

Dogecoin会保持支持水平吗？

For Dogecoin to stabilize, it must hold above the $0.165 support level, a key zone where buying activity has historically stepped in. However, if selling pressure from miners persists, DOGE could revisit the $0.15 zone. On the flip side, any increase in demand could see DOGE reclaim $0.18 before attempting a push towards the $0.20 mark.

为了使Dogecoin稳定，它必须保持高于$ 0.165的支撑水平，这是一个关键区域，在该区域中，购买活动历来介入了。但是，如果矿工的销售压力仍然存在，Doge可以重新审视0.15美元的区域。另一方面，任何需求的增加都可以看到Doge在尝试推向0.20 $ 0.20的情况下收回0.18美元。

Final thoughts

最后的想法

The miner sell-off injects volatility into DOGE’s price action, making near-term movements uncertain. While the price has not collapsed under the pressure, traders should closely monitor further miner activity and key resistance levels. A break below $0.165 could trigger a sharper decline for Dogecoin, while a successful recovery above $0.18 would indicate resilience in the face of miner exits. Investors should remain vigilant and watch for shifts in on-chain data that could signal a change in trend.

矿工的抛售将波动率注入了Doge的价格行动，这使得近期变动不确定。尽管价格尚未在压力下倒塌，但交易者应密切监视进一步的矿工活动和关键阻力水平。低于$ 0.165的休息可能会导致Dogecoin的急剧下降，而成功的恢复超过0.18美元将表明面对矿工出口时的韧性。投资者应保持警惕，并注意可能指示趋势变化的链上数据的转变。