Dogecoin sinks below $0.20 as crypto markets face heavy losses.
Over $751 million in long positions wiped out in hours.
Rising dollar and inflation fears trigger panic across digital assets.

由于加密货币市场面临沉重的损失，Dogecoin下沉了0.20美元。在数小时内，长期以来的长位数为7.51亿美元。增加美元和通货膨胀的担忧引发了数字资产的恐慌。

Dogecoin's August woes continue as it plunges below crucial technical levels amidst widespread crypto market liquidations. The popular memecoin has shed over 9% in the last 24 hours, dipping to $0.201, and marking an 11% decline over the past week.

在广泛的加密市场清算中，Dogecoin的八月灾难继续下降到关键的技术水平以下。流行的Memecoin在过去24小时内降低了9％以上，降至0.201美元，在过去一周中下降了11％。

The broader cryptocurrency market is also feeling the pressure, with over $751 million in leveraged positions being liquidated. Data from CoinGlass indicates a staggering $706 million of that total came from long positions, suggesting traders were caught off guard by the rapid sell-off.

更广泛的加密货币市场也感到压力，杠杆率超过7.51亿美元。来自Coinglass的数据表明，这一总数中有7.06亿美元来自长位，这表明交易者被快速抛售措施措手不及。

This sharp market correction follows a surge in the US dollar, with the DXY index climbing more than 3% in the last month. Increased dollar strength typically signals tightening financial conditions, prompting investors to reduce their exposure to riskier assets. Digital currencies like Dogecoin have been particularly affected by this shift in sentiment.

这种急剧的市场校正是在美元飙升之后的，DXY指数在上个月攀升了3％以上。美元实力提高通常信号会加强财务状况，从而促使投资者减少其风险较高的资产。像Dogecoin这样的数字货币受到这种情绪转变的影响。

As Dogecoin breached its 200-day simple moving average at $0.212, market analysts are now closely watching the $0.20 level for potential support.

随着Dogecoin违反了200天简单的移动平均线为0.212美元，市场分析师现在正在密切关注0.20美元的潜在支持水平。

Adding to the uncertainty, inflation concerns have resurfaced following the release of the Federal Reserve's preferred inflation gauge. The core Personal Consumption Expenditures (PCE) index rose by 2.8% year-on-year, matching the previous month's level and marking the highest reading since February. The core inflation rate, excluding food and energy costs, edged up to 2.6% in June, a tenth of a percent higher than in May.

除了不确定性外，在美联储首选的通货膨胀量表发布后，通货膨胀问题浮出水面。核心个人消费支出（PCE）指数同比增长2.8％，与上个月的水平相匹配，并标志着自2月以来的读数最高。不包括食品和能源成本的核心通货膨胀率在6月份高达2.6％，比5月高的十分之一。

Traders Brace for More Losses as Dogecoin Tests Key Technical Levels

随着Dogecoin测试关键技术水平，交易者会付出更多损失

Dogecoin has now recorded five consecutive days of losses, steadily declining from a high of $0.248 on July 28. This latest downturn not only pushed the price below the 200-day SMA but also threatens the $0.20 support zone. Should this level fail to hold, the 50-day SMA at $0.194 could be the next significant support area where DOGE might find a rally.

Dogecoin现在连续五天记录了5天的损失，从7月28日的0.248美元稳步下降。最新的低迷不仅将价格推向了200天的SMA以下，而且还威胁了0.20美元的支持区。如果此水平无法保持，则为0.194美元的50天SMA可能是Doge可能会在这里引起集会的下一个重要支持区。

Source: Tradingview

资料来源：TradingView

Diminishing expectations of rate cuts in September, as the FED maintains interest rates at 4.25%, have further eroded investor confidence, especially in the crypto space where liquidity is already dwindling.

由于美联储将利率保持在4.25％，因此对降低降低的期望降低了投资者的信心，尤其是在流动性已经逐渐减少的加密货币空间中。

Dogecoin's volatility has placed it firmly in the spotlight, as traders assess its next moves. A recovery above $0.212 could signal renewed momentum, but current market conditions suggest caution is warranted.

随着交易员评估其下一步行动，Dogecoin的波动使其牢固地成为了人们的关注。回收率高于$ 0.212的回收率可能会提示新的势头，但当前的市场状况表明需要谨慎行事。

Dogecoin's break below a key support level underscores a general sense of unease in the cryptocurrency markets. With $751 million in long liquidations and persistent macroeconomic pressures, the outlook for digital assets remains uncertain.

Dogecoin低于关键支持水平的突破突显了加密货币市场中普遍的不安感。由于长期清算和持续的宏观经济压力，数字资产的前景仍然不确定。