Dogecoin（Doge）价格移动信号升高风险，长期头寸超过2.16亿美元暴露于清算

这一举动引发了整个衍生品市场的关注，在该市场中，交易者正在密切关注以进一步的波动迹象。

Dogecoin’s latest price movement has exposed long positions worth more than $216 million to liquidation pressure, signaling a period of elevated risk in the cryptocurrency market.

Dogecoin的最新价格变动已暴露了长期以来的长度，价值超过2.16亿美元的清算压力，这表明了加密货币市场风险增加的时期。

As of press time, on-chain data from Dune Analytics reveals that 1.537 billion DOGE have been liquidated in the past 24 hours.

截至发稿时，Dune Analytics的链链数据显示，过去24小时内已清算了15.37亿托马斯。

The majority of those liquidations, about 92%, were on-chain long positions, indicating a strong shift in market sentiment.

这些清算大多数（约92％）是链长立场，表明市场情绪发生了强烈的转变。

This move has triggered concerns across derivatives markets, where traders are watching closely for further signs of volatility.

这一举动引发了整个衍生品市场的关注，在该市场中，交易者正在密切关注以进一步的波动迹象。

Technical indicators suggest that if the decline continues, the token could approach the next major support level at $0.132, and even as low as $0.120, placing additional pressure on leveraged positions.

技术指标表明，如果下降持续下降，代币可能以0.132美元的价格接近下一个主要支持水平，甚至低至0.120美元，给杠杆位置带来了额外的压力。

While long-term holders are showing confidence by accumulating DOGE at lower prices, short-term market signals remain mixed.

虽然长期持有人通过以较低的价格累积门槛来表现出信心，但短期市场信号仍然不同。

$216 million in long trades at risk

长期以来有2.16亿美元的风险交易

Dogecoin’s breach of the $0.150 level has already placed substantial long interest in jeopardy.

Dogecoin违反$ 0.150的水平已经对危险产生了巨大的兴趣。

If prices continue to slide toward $0.132, the probability of cascading liquidations will grow.

如果价格继续滑入0.132美元，级联清算的可能性将会增加。

In the past 24 hours, approximately $13.9 million in Dogecoin futures positions have already been liquidated.

在过去的24小时中，已经清算了大约1390万美元的Dogecoin期货职位。

Over 92% of those were long positions, showing how heavily bullish traders have been impacted by the pullback.

超过92％的职位是长位，表明看涨的商人受到了回调的影响。

This suggests that many leveraged traders were not prepared for a dip below $0.150, and their forced exits may contribute further to downward momentum.

这表明许多杠杆交易者没有准备以低于0.150美元的价格下降，他们的强制退出可能会进一步贡献下降的动力。

The risk is amplified by the possibility of more liquidations in the event of further weakness, particularly if DOGE approaches or breaches $0.120.

在进一步的弱点时可能会有更多清算的可能性，尤其是在Doge接近或违反0.120美元的情况下，风险会扩大。

Technical resistance is now evident around $0.150, which was a key support level before the drop.

现在，技术阻力很明显，大约在0.150美元左右，这是下降前的关键支持水平。

Traders are also watching $0.168 to $0.174 as an upper range of resistance, with more formidable barriers forming near $0.18 and $0.20.

贸易商还将$ 0.168至$ 0.174视为阻力范围，更强大的障碍物形成接近$ 0.18和0.20美元。

These levels would need to be cleared before any short-term bullish reversal could take place.

在发生任何短期看涨逆转之前，需要清除这些水平。

Without a strong rebound, however, the market remains vulnerable to continued downward pressure and volatility driven by margin calls.

然而，没有强劲的反弹，市场仍然容易受到持续的向下压力和波动性的影响。

Long-term holders accumulate DOGE

长期持有人积累了门槛

Despite near-term bearish sentiment, long-term holders continue to accumulate Dogecoin.

尽管近期看跌情绪，但长期持有人仍在积累狗狗币。

Blockchain data shows that large DOGE wallets, particularly those holding between 10 million and 100 million coins, added 750 million DOGE during a dip earlier in the year.

区块链的数据表明，在今年早些时候的下降中，大型的大门钱包，尤其是那些持有1000万到1亿个硬币之间的大型钱包。

This accumulation trend is supported by a sharp rise in inflows to whale addresses, with inflows increasing by 323.86% over a 30-day period and over 3,700% across a 90-day window.

这种累积趋势得到了向鲸鱼地址的急剧上升的支持，在30天的时间内流入增长了323.86％，在90天的窗口中，流入量增长了323.86％，超过3,700％。

At the same time, the average holding period for Dogecoin has risen significantly, with a 302% increase in holding time noted in late January.

同时，Dogecoin的平均持有期显着增加，一月下旬指出的持有时间增加了302％。

This suggests that long-term holders are not only accumulating but are also less inclined to sell during market downturns.

这表明，长期持有人不仅积累了，而且在市场低迷时期销售的倾向也较少。

Resistance at $0.150 limits upside

阻力为$ 0.150的限制上涨空间

With the recent sell-off, Dogecoin now faces multiple layers of resistance.

随着最近的抛售，Dogecoin现在面临多层阻力。

The immediate resistance zone lies between $0.150 and $0.168, where earlier support levels are likely to act as psychological and technical barriers.

直接电阻区在0.150美元至0.168美元之间，较早的支持水平可能充当心理和技术障碍。

A breakout above $0.174 could provide some relief, but more meaningful resistance remains at $0.18 and $0.20—levels that were tested in early 2025 but not held.

超过$ 0.174的突破可能会提供一些缓解，但更有意义的阻力仍为0.18美元和0.20美元 - 在2025年初进行了测试，但没有举行。

Unless Dogecoin can break through these levels and regain bullish momentum, the price is expected to remain under pressure.

除非Dogecoin可以突破这些水平并恢复看涨的势头，否则预计价格将保持压力。

Traders are likely to adopt a cautious approach, particularly as liquidation risks continue to hang over the market.

贸易商可能会采用谨慎的方法，特别是随着清算风险继续悬而未决。

On-chain data supports the view that while long-term conviction in Dogecoin is strong, short-term volatility and resistance levels are dictating market direction.

链上的数据支持这样的观点，即尽管长期信念是强大的，但短期波动和阻力水平决定了市场的方向。

The coming days will be crucial in determining whether DOGE can recover and build upward momentum, or whether it will drift further below key levels, triggering additional long liquidations and intensifying the downtrend.

接下来的日子对于确定Doge是否可以恢复和增强动量至关重要，或者它是否会进一步漂移到关键水平，从而触发额外的长清算并加剧下降趋势。