Dogecoin's 5% Loss Closes Lowest Weekly Candle In 2 Months, But This Trader 'Wouldn't Be Holding If It Was All Over'
Dogecoin's 5% Loss Closes Lowest Weekly Candle In 2 Months, But This Trader 'Wouldn't Be Holding If It Was All Over'
Dogecoin (CRYPTO: DOGE) has been struggling to maintain its bullish momentum in recent weeks, raising concerns among traders about its short-term prospects.
最近幾周，狗狗幣（加密貨幣：DOGE）一直在努力維持其看漲勢頭，這引起了交易者對其短期前景的擔憂。
What Happened: Cryptocurrency trader Kevin, formerly known as OG_Yomi, in a recent tweet, expressed his disappointment with Dogecoin's performance, stating, "Unfortunately Dogecoin could not get the bounce back week we were looking for and in fact is now closing its lowest weekly candle in almost 2 months."
發生了什麼：加密貨幣交易員凱文（前身爲OG_Yomi）在最近的一條推文中對狗狗幣的表現表示失望，他說：“不幸的是，狗狗幣本週未能恢復我們所尋找的反彈，實際上目前正在收盤近2個月來的最低周線。”
The trader suggests that a retest of the $0.125 to $0.13 level now seems likely, emphasizing that this is a crucial support level that must hold for Dogecoin to maintain its bullish outlook. A breach of this level could potentially lead to further downside pressure on the cryptocurrency's price.
該交易員表示，現在似乎有可能重新測試0.125美元至0.13美元的水平，並強調這是狗狗幣維持其看漲前景必須保持的關鍵支撐位。突破這一水平可能會給加密貨幣的價格帶來進一步的下行壓力。
However, in another tweet, he clarified that his short-term analysis should not be confused with his long-term perspective on Dogecoin. He acknowledges that in the immediate future, spanning the next two to three weeks, he leans towards a bearish or choppy price action for the meme coin.
但是，在另一條推文中，他澄清說，不應將他的短期分析與他對狗狗幣的長期看法混爲一談。他承認，在不久的將來，在接下來的兩到三週內，他傾向於對模因幣採取看跌或波動的價格走勢。
Despite the short-term challenges, Kevin remains optimistic about Dogecoin's long-term prospects. "Obviously I wouldn't be holding if I thought it was all over," he asserts, indicating his confidence in the cryptocurrency's potential for growth over the next six to eight months.
儘管面臨短期挑戰，但凱文仍然對狗狗幣的長期前景持樂觀態度。他斷言：“如果我認爲一切都結束了，我顯然不會持有，” 他表示他對加密貨幣在未來六到八個月中的增長潛力充滿信心。
Price Action: At the time of writing, DOGE was trading at $0.1409, down 5.6% over the past 24 hours, taking its monthly loss to 33.5%. Despite the fall in prices, trading volume in the past 24 hours increased by 13.2%.
價格走勢：在撰寫本文時，DOGE的交易價格爲0.1409美元，在過去24小時內下跌了5.6％，使其月度虧損達到33.5％。儘管價格下跌，但過去24小時的交易量仍增長了13.2％。
Also Read: Are Dogecoin And Shiba Inu Primed For The Next Leg Up?
另請閱讀：狗狗幣和柴犬準備好迎接下一輪漲勢了嗎？
Why It Matters: IntoTheBlock data indicates a surge of 19.6% in large transaction volume to $853 million, while daily active addresses increased by 2.6% to 54,640.
爲何重要：IntoTheBlock數據顯示，大手交易量激增了19.6％，達到8.53億美元，而每日活躍地址增長了2.6％，達到54,640個。
With mounting monthly losses (33.5%), 80% of Dogecoin holders are in profit, down from prior week's 83%. Concentration by large holders stands at 63% and transactions greater than $100,000 saw a marginal increase to 266 transactions as of April 28 from 250 as of April 27.
隨着每月虧損的增加（33.5％），80％的狗狗幣持有者獲利，低於前一週的83％。大額持有者的集中度爲63％，超過10萬美元的交易從4月27日的250筆略增至4月28日的266筆交易。
Santiment feed data shows Dogecoin wallets with a non-zero balanced increased by 13.8%, implying sustained interest in the meme coin despite consolidation in prices.
Santiment數據顯示，非零餘額的狗狗幣錢包增長了13.8％，這意味着儘管價格出現盤整，但對模因幣的興趣仍然存在。
Kevin's long-term bullish stance on Dogecoin suggests that patient investors who can weather the current uncertainty may be rewarded in the months ahead.
凱文對狗狗幣的長期看漲立場表明，能夠抵禦當前不確定性的耐心投資者可能會在未來幾個月內獲得回報。
What's Next: The influence of meme coins and Bitcoin as an institutional asset class are topics expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步是什麼：Benzinga即將於11月19日舉行的數字資產未來活動預計將深入探討模因幣和比特幣作爲機構資產類別的影響。
Image: Shutterstock
圖片：Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審查和發佈。