TL;DR

tl;博士

Large wallets accumulated 130M DOGE during the recent price dip, hinting at strategic accumulation at lower price points.
A potential double bottom pattern is forming with a critical resistance level at $0.2435 on the 4-hour chart.
Dogecoin's RSI has dipped into oversold territory as wallet growth surpasses 109M active addresses.

在最近的价格下跌期间，大钱包累积了1300亿美元，这暗示了较低的价格积累的战略积累。潜在的双底模式是在4小时图表上以$ 0.2435的临界电阻水平形成。随着钱包的生长超过1.09亿个活跃地址，Dogecoin的RSI已进入超卖领土。

Whales Acquire Large DOGE Volume During Market Pullback
Over the past 24 hours, wallets holding between 10 million and 1 billion DOGE have added 130 million coins, according to data shared by Ali Martinez. This accumulation occurred as Dogecoin’s price fell below $0.23, representing a 6% decline in a single day and a more substantial 15% drop over the past week.
Notably, the chart indicates that holdings in these large wallets have been steadily increasing while the price has been decreasing. This pattern often suggests strategic buying during a market correction, with whales positioning themselves for potential future upward movements.
Highlighting the accumulation as a reaction to the recent price action, Martinez stated:

根据阿里·马丁内斯（Ali Martinez）共享的数据，鲸鱼在过去24小时内收购了大型门量，在过去的24小时内，拿着1000万至10亿多名的钱包增加了1.3亿个硬币。这种累积发生是因为Dogecoin的价格下跌低于0.23美元，这一天在一天中下降了6％，在过去一周中下降了15％。毫无疑问，该图表表明，这些大钱包中的持有量一直在稳步上涨，而价格下降。这种模式通常表明在市场校正期间进行战略性购买，鲸鱼将自己定位为潜在的未来向上移动。

Whales bought the dip! They have accumulated 130 million Dogecoin $DOGE in the last 24 hours. pic.twitter.com/G3h9dkBFJN
— Ali (@ali_charts) July 29, 2025

鲸鱼买了蘸酱！在过去的24小时内，他们积累了1.3亿美元的Dogecoin $ Doge。 pic.twitter.com/g3h9dkbfjn- ali（@ali_charts），2025年7月29日

Potential Reversal Structure
Trader Tardigrade has pointed out that Dogecoin may be forming a double bottom pattern on the 4-hour chart. This pattern is characterized by two low points occurring near the same price level, separated by a short-term price increase.

潜在的逆转结构剂Tardigrade指出，Dogecoin可能在4小时图表上形成双底模式。这种模式的特征是两个低点在相同的价格水平接近相同的价格水平上，而短期价格上涨则分开。

$Doge/H4#Dogecoin might be forming a Double Bottom Pattern pic.twitter.com/BnhM0nEOLI
— Trader Tardigrade (@TATrader_Alan) July 29, 2025

$ doge/h4＃dogecoin可能会形成双底图案pic.twitter.com/bnhm0neoli - 交易者tardigrade（@tatrader_alan）7月29日，2025年7月29日

The first low occurred near $0.2160 on July 25. A second dip formed on July 29, slightly above the previous low. Both bottoms are followed by a resistance level around $0.2435. The asset has tested this level multiple times but has yet to break through decisively.
A successful move above $0.2435 could pave the way for targets near $0.27. Conversely, a drop below $0.22 would invalidate the pattern.
Oversold Signal Appears on 1-Hour Chart
In a separate post, the same analyst shared a 1-hour chart indicating a 10% price decrease over 17 hours. During this decline, the Relative Strength Index (RSI) moved from overbought territory to below 30, which is considered oversold.

第一个低点发生在7月25日的$ 0.2160。这两个底部之后的电阻水平约为0.2435美元。资产已经多次测试了这一水平，但尚未果断地突破。成功的举动超过$ 0.2435，可以为目标数接近0.27的目标铺平道路。相反，下降到0.22美元以下的下降将使模式无效。折叠信号出现在1小时的图表上，单独的帖子，同一位分析师共享了1小时的图表，表明在17小时内价格下降了10％。在此下降期间，相对强度指数（RSI）从过度购买领土转移到30岁以下，这被认为是超卖的。

$Doge/H1 #Dogecoin has dropped almost 10% in the last 17 hours. The RSI indicates it’s now in an oversold zone, presenting a potential opportunity to find support and either consolidate or reverse to an uptrend (further confirmation needed). pic.twitter.com/sCvEZMrTS5
— Trader Tardigrade (@TATrader_Alan) July 28, 2025

$ DOGE/H1 #DogeCoin在过去17个小时内下降了近10％。 RSI表示现在处于超售区域，为寻求支持并巩固或逆转上升趋势（需要进一步确认）提供了潜在的机会。 pic.twitter.com/scvezmrts5 - 交易者Tardigrade（@tatrader_alan）2025年7月28日

When the RSI falls to such low levels, it often reflects strong selling pressure that may be nearing exhaustion. The chart suggests that the asset could now pause or potentially reverse direction. However, further confirmation is still required.
Furthermore, data from Glassnode reveals consistent growth in Dogecoin addresses. At the time of reporting, there were 109.14 million active addresses, up from 108.5 million a month prior.

Source: Glassnode

当RSI降至如此低的水平时，它通常反映出可能疲惫的强大销售压力。该图表表明资产现在可以暂停或可能逆转方向。然而，仍然需要进一步的确认。FURTHERMORE，玻璃节数据揭示了Dogecoin地址的一致增长。在报告时，有10014万个活动地址，高于一个月前的1.05亿。来源：玻璃节

This steady growth suggests continued user interest. While prices have adjusted to lower levels, network participation is increasing, indicating a trend of increased usage and user retention.

这种稳定的增长表明用户持续的兴趣。尽管价格已调整为较低的水平，但网络参与正在增加，这表明使用趋势和用户保留率增加。