Dogecoin (DOGE) price movements in the last 24 hours have led to huge liquidation imbalance, which saw traders who were betting on the continued price growth of the asset suffer massive losses.

在過去的24小時內，Dogecoin（Doge）的價格變動導致了巨大的清算失衡，這使交易者押注資產的持續價格增長，遭受了巨大的損失。

Longs take fall as Dogecoin retraces gains

隨著狗狗幣回收的增長，渴望跌落

According to CoinGlass data, the price shift within this time frame wiped out $15.83 million worth of DOGE. Notably, long sellers suffered a higher loss as $13.72 million in investments were forfeited in the liquidation imbalance.

根據Coinglass的數據，此時間段的價格變化消除了價值1583萬美元的Doge。值得注意的是，長期賣方遭受了較高的損失，因為清算失衡中沒收了1372萬美元的投資。

This set-up disadvantaged long position traders by about six times compared to short sellers, who registered a loss of $2.11 million.

與賣空者相比，這種設置不利的長位交易者約為六倍，而賣空者的損失為211萬美元。

DOGE, which traded at $0.2312 with potential for more upward movement that mirrored Bitcoin's trajectory, suddenly plunged to a low of $0.2238. This shocking development upset the projections made by long position traders.

Doge的交易價格為0.2312美元，有可能進行更多的向上移動，從而反映了比特幣的軌跡，突然跌至0.2238美元的低點。這種令人震驚的發展使長期交易者的預測打亂了。

As of this writing, DOGE price was changing hands at $0.2283, representing a 1.80% decline in the last 24 hours. However, this suggests that the meme coin is recovering from the $0.2238 level it slipped to in earlier trading.

截至撰寫本文時，Doge Price的價格為0.2283美元，在過去24小時內下降了1.80％。但是，這表明模因硬幣正在從較早交易中滑到的0.2238級水平中恢復。

Despite this potential, sellers remained aggressive and continued to dump to avoid further losses. Trading volume has plunged by a massive 38.45% to $1.99 billion within the period.

儘管有這種潛力，但賣方仍然具有侵略性，並繼續傾倒以避免進一步的損失。在此期間，交易量跌至38.45％，至19.9億美元。

DOGE's attempt to reclaim $0.23 has faced resistance, and investors might have to wait longer to see a sustainable recovery.

Doge試圖收回0.23美元的試圖面臨抵抗，投資者可能需要等待更長的時間才能看到可持續的恢復。

Can DOGE rebound before May ends?

五月結束之前可以反彈嗎？

Interestingly, Bitcoin (BTC) recorded a similar liquidation imbalance. Long-position traders lost $115.57 million, while short traders lost $37.90 million. This leaves Bitcoin's total liquidation at $153.47 million.

有趣的是，比特幣（BTC）記錄了類似的清算失衡。長位交易員損失了1.157億美元，而短交易者損失了3790萬美元。這使比特幣的總清算為1.5347億美元。

It signals that Dogecoin not only matched Bitcoin in growth, but it also mirrored its liquidation trend.

它表明，多黴素不僅在生長中與比特幣相匹配，而且還反映了其清算趨勢。

With the widespread liquidation in the crypto space, the meme coin is hard-pressed to repeat history. With just seven days left for May to end, market watchers remain keen to see if Dogecoin has what it takes to profit for investors.

隨著加密空間中的廣泛清算，模因硬幣很難重複歷史。五月僅剩七天的時間，市場觀察家仍然渴望看到Dogecoin是否有利於投資者的利益。