鲸鱼正在购买总督蘸酱

链上的数据表明，在价格崩溃中，鲸鱼继续积累狗狗币。

The price of Dogecoin has collapsed this year, mirroring the performance of other cryptocurrencies. DOGE plunged to a low of $0.1655, which is lower than the highest level in December by over 65%.

Dogecoin的价格今年崩溃了，反映了其他加密货币的性能。 Doge跌至0.1655美元的低点，低于12月的最高水平超过65％。

Will the coin bounce back as signs show that whales are accumulating it?

硬币会反弹，因为符号表明鲸鱼正在积聚它吗？

Whales are buying the DOGE dip

鲸鱼正在购买总督蘸酱

On-chain data shows that whales have continued to accumulate Dogecoin amid the price crash. According to Santiment, these sophisticated investors bought over 110 million DOGE coins in the last seven days. These tokens had a value of over $17 million.

链上的数据表明，在价格崩溃中，鲸鱼继续积累狗狗币。根据Santiment的说法，这些先进的投资者在过去的七天中购买了超过1.1亿个Doge硬币。这些令牌的价值超过1700万美元。

Chart of the total amount of Dogecoin bought by whales in the last week.

上周鲸鱼购买的狗狗币总数的图表。

There are potentially three reasons why these whales are buying the dip. First, Polymarket data shows that the odds that the Securities and Exchange Commission (SEC) will approve a spot DOGE ETF have risen sharply.

这些鲸鱼购买蘸酱的原因可能有三个。首先，Polymarket数据表明，证券交易委员会（SEC）将批准Doge ETF急剧上升的几率。

Fundamentally, there is no reason why the agency should reject a DOGE ETF. While Dogecoin is classified as a meme coin, it does not significantly differ from Bitcoin. They both have a limited supply and don’t have any staking features. A DOGE ETF may lead to more demand.

从根本上讲，没有理由为什么该机构应该拒绝Doge ETF。尽管Dogecoin被归类为模因硬币，但与比特币没有显着差异。他们俩的供应有限，并且没有任何藏匿功能。 Doge ETF可能会导致更多需求。

Second, Dogecoin is the biggest and oldest meme coin in the industry. As such, it may benefit many investors to move from other newer meme coins like Pudgy Penguins, Fartcoin, and Official Trump, which soared initially and then crashed as insiders sold.

其次，Dogecoin是该行业中最大，最古老的模因硬币。因此，它可能使许多投资者受益，可以从其他较新的模因硬币（例如矮胖的企鹅，Fartcoin和官方特朗普）中转移出来，这些硬币最初飙升，然后随着内部人员的出售而坠毁。

Third, analysts remain highly optimistic about the DOGE price. One analyst on Twitter predicted that the coin would soon jump to $1 after the Stochastic Relative Strength Index (RSI) moved to the oversold level.

第三，分析师对总督价格仍然非常乐观。 Twitter上的一位分析师预测，在随机相对强度指数（RSI）移至超售水平之后，硬币将很快跃升至1美元。

Macroeconomic factors also support a positive outlook for the DOGE price. Most analysts believe that the US economy is on the verge of entering a recession or major slowdown. A slowing economy serves as a bullish catalyst for Dogecoin prices, as the Federal Reserve is likely to intervene by cutting interest rates.

宏观经济因素还支持了门价的积极前景。大多数分析师认为，美国经济正处于进入衰退或重大放缓的边缘。经济放缓是狗狗币价格的看涨催化剂，因为美联储很可能通过降低利率进行干预。

Dogecoin price technical analysis

Dogecoin价格技术分析

DOGE whales are buying the dip for technical reasons. The Z score of the MVRV indicator has reached a multi-month low, indicating that the coin is currently undervalued.

Doge Whales出于技术原因购买蘸酱。 MVRV指标的Z分数已达到多个月低点，表明硬币目前被低估了。

The daily chart shows that the Dogecoin price has formed a falling wedge pattern. This is a popular bullish reversal pattern made up of two converging trendlines that slope downward. These two lines are now nearing the convergence point, where breakouts happen.

每日图表显示，狗狗价格已经形成了楔形图案。这是一个流行的看涨逆转模式，由两个融合的趋势线组成，它们向下倾斜。现在，这两条线正在接近融合点，那里发生了突破。

The Relative Strength Index (RSI) and the MACD indicators have all pointed upwards, indicating the formation of a bullish divergence pattern. Therefore, there is a likelihood that the Dogecoin price will bounce back and possibly retest its November high at $0.4840, up by almost 200% from the current level.

相对强度指数（RSI）和MACD指标都向上指向，表明形成了看涨的差异模式。因此，狗狗价格的可能性很可能会反弹，并可能将其11月的高点重新测试为0.4840美元，比目前的水平增长了近200％。