狗狗币陷入困境：市场动荡中多头清算触及 6 个月峰值

看跌情绪继续跟随狗狗币，4 月 12 日多头清算飙升至 1600 万美元的 30 天高点，而比特币价格下跌后市场整体下跌。

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

狗狗币面临市场动荡，多头清算创六个月新高

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，加密货币市场见证了狗狗币（DOGE）的价值和交易活动大幅下降。根据领先分析平台 Coinglass 的数据，DOGE 的多头头寸被迫平仓激增，4 月 12 日达到 1600 万美元。这标志着 memecoin 过去 30 天内多头清算的最高水平。

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 期货合约的清算浪潮发生在更广泛的市场低迷时期，这是由加密货币领头羊比特币 (BTC) 价格下跌引发的。整个加密货币市场有 270,993 名交易者价值超过 8.6 亿美元的交易头寸被清算，反映出广泛的抛售和对数字资产的信心丧失。

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.

当交易者的仓位因维持资金不足而被强制平仓时，就会触发期货市场的多头清算。这些清算通常发生在价格突然下跌期间，因为押注价格上涨的交易者被迫平仓。与多头清算相反，当交易者对价格下跌的押注因价格飙升而意外逆转时，空头清算就会发生。

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 空头清算总额为 308 万美元，表明预计 memecoin 价值下跌的交易者数量减少。然而，大量多头清算表明很大一部分交易者押注 DOGE 价格上涨，但市场低迷却让他们措手不及。

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.

在这种看跌情绪中，DOGE的价格持续下跌，在过去24小时内下跌了13%，周跌幅扩大至6%。截至撰写本文时，领先的模因币估值为 0.1721 美元，低于本周初的 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.

一日图表上 DOGE 价格走势的技术分析表明存在进一步下跌的可能性。相对强度指数（RSI）和资金流量指数（MFI）等关键动量指标稳步下降，反映出市场参与者对 DOGE 的需求下降以及代币销售的激增。

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 的方向运动指数 (DMI) 读数显示市场情绪发生重大转变，4 月 12 日积极趋势指标（绿色）跌破消极指标（红色）。这种技术模式表明看涨势头逆转为看跌势头，表明看跌情绪重新抬头，获利了结活动增加。

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，移动平均收敛分歧（MACD）线已稳定在其信号线上方，确认 DOGE 的短期移动平均线高于其长期移动平均线。当这些线以这种方式排列时，通常被解释为抛售压力加剧的迹象，表明狗狗币持有者面临着一个潜在的挑战时期。

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.

总之，近期多头清算和技术指标的激增表明狗狗币的前景看跌。价格下跌，加上需求下降和市场情绪的转变，表明 DOGE 在不久的将来可能会面临进一步的损失。建议投资者在做出任何交易决定之前保持谨慎并仔细评估市场状况。