In the last 24 hours, Dogecoin (DOOGE), the king of meme coins, posted a slight rebound on the crypto market. The price of DOGE climbed by 3.04%, triggering a massive liquidation imbalance for long position traders, as revealed by Dogecoin’s liquidation heat map.

在过去的24小时内，模因硬币之王Dogecoin（Dooge）在加密货币市场上略有反弹。 Dogecoin的清算热图揭示，Doge的价格上涨了3.04％，引发了长位置交易者的大规模清算失衡。

Dogecoin's trading volume declines amid liquidation

Dogecoin的交易量在清算中下降

According to CoinGlass data, Dogecoin long traders, in the last one hour, recorded a 343,069% liquidation imbalance against short trades. Notably, the long position lost $148,880 within 60 minutes as the price shifted.

根据Coinglass数据，Dogecoin Long Traders在过去的一个小时内记录了343,069％的清算不平衡，以抗短交易。值得注意的是，随着价格的变化，长位置在60分钟内损失了148,880美元。

CoinMarketCap data reveals that the Dogecoin price climbed from a low of $0.2088 to hit a peak of $0.224. As of press time, Dogecoin is changing hands at $0.2161, representing a 0.65% increase despite fluctuations in performance.

CoinMarketCap数据显示，Dogecoin的价格从0.2088美元的低点上涨，达到0.224美元的峰值。截至发稿时，Dogecoin的易手为0.2161美元，尽管性能波动，但仍增加了0.65％。

The meme coin’s trading volume has, however, declined by a significant 21.52% to $2.61 billion. This suggests that the gains from the price rebound might not stabilize unless ecosystem investors step up their activities.

然而，模因硬币的交易量下降了21.52％，至26.1亿美元。这表明，除非生态系统投资者加强活动，否则从价格回弹中获得的收益可能不会稳定。

Dogecoin had raised the hopes of many market participants of sustained upward movement after it formed a bullish golden cross on its daily chart less than 10 days ago. Many were anticipating a sustained rally toward the $0.30 level, but broader crypto market uncertainties prevented it from happening.

在不到10天前，Dogecoin在其每日图表上形成了一个看涨的金十字架后，许多市场参与者的持续向上移动的希望。许多人预计将持续到0.30美元的水平，但是更广泛的加密市场不确定性阻止了这种情况的发生。

Meanwhile, short position traders also recorded a negligible loss of $43.39 within the same time frame.

同时，短职位交易者在同一时间范围内还记录了$ 43.39的损失。

Analysts predict Dogecoin consolidation before breakout

分析师预测突破之前的Dogecoin合并

Despite these developments, Ali Martinez, a renowned on-chain analyst, believes that Dogecoin is in a consolidation triangle. The analyst insists that if the market conditions are right, DOGE could surge by as much as 40% in the price outlook.

尽管有这些发展，但著名的链链分析师阿里·马丁内斯（Ali Martinez）认为，狗狗币处于整合三角形。分析师坚持认为，如果市场状况不错，那么Doge的价格前景可能会增加40％。

The meme coin has, however, continued to battle volatility, and Bitcoin’s stagnation in price has also not helped with the movement. Given DOGE’s correlation to Bitcoin (BTC), the meme coin is likely to sustain its gains if BTC appreciates.

然而，模因硬币继续与波动作斗争，比特币的价格停滞也没有帮助。鉴于Doge与比特币（BTC）的相关性，如果BTC赞赏，模因硬币可能会维持其收益。

Some have blamed the current volatility on the concerns of DOGE holders about a possible Qubic network takeover.

一些人将目前的波动归咎于Doge持有者对可能的Qubic网络接管的担忧。

阅读有关U.Today的原始文章