Dogecoin (CRYPTO: DOGE) price has been struggling to keep pace with the broader cryptocurrency market, especially as Bitcoin (BTC) crashed below the $108,000 mark. However, amidst the meme coin downturn, Dogecoin is showing signs of a double bottom reversal pattern.

Dogecoin（加密：Doge）的價格一直在努力與更廣泛的加密貨幣市場保持同步，尤其是比特幣（BTC）跌至108,000美元以下。但是，在模因硬幣下滑中，Dogecoin顯示出雙重底部逆轉模式的跡象。

As Dogecoin price action continues to heat up, here’s a look at what’s next for the meme coin.

隨著Dogecoin的價格動作繼續升溫，這是模因硬幣的下一步。

What Happened: Dogecoin is currently trading at $0.21, maintaining a sideways trend between $0.2177 and the $0.25 supply zone on the 4-hour chart. At present, Dogecoin is consolidating near the lower boundary, encountering short-term resistance at $0.2302.

發生的事情：Dogecoin目前的交易價格為0.21美元，在4小時圖表上保持側向趨勢在0.2177美元和0.25美元的供應區。目前，Dogecoin在下邊界附近合併，遇到短期阻力為0.2302美元。

This consolidation pattern hints at a potential double bottom reversal, which could challenge the upper resistance level. The $0.2302 resistance acts as the neckline of the double bottom formation.

這種合併模式暗示了潛在的雙底部反轉，這可能會挑戰上部電阻水平。 $ 0.2302的電阻充當雙底底層的領口。

Further supporting the possibility of upside movement, the MACD and signal lines are nearing a bullish crossover. Additionally, the MACD line is displaying bullish divergence within the double bottom pattern.

MACD和信號線進一步支持上昇運動的可能性，接近看漲的交叉。此外，MACD線在雙底部圖案中顯示了看漲的差異。

However, the SuperTrend indicator is still signaling a bearish trend. For a complete bullish confirmation, Dogecoin needs to break above the $0.2349 level and the SuperTrend indicator.

但是，超級趨勢指標仍在表示看跌趨勢。為了獲得完整的看漲確認，Dogecoin需要超過0.2349美元的水平和超級趨勢指標。

According to Fibonacci retracement levels, a short-term resistance is located near $0.2401, aligning with the 23.60% level.

根據斐波那契回回的水平，短期電阻的位置接近0.2401美元，與23.60％的水平保持一致。

Therefore, the price action suggests multiple short-term hurdles that must be cleared before we might see DOGE testing the $0.25 supply zone.

因此，價格行動表明，在我們可能看到Doge測試0.25美元的供應區之前，必須清除多個短期障礙。

Optimistically, a successful breakout from the double bottom pattern could lead to a challenge of the $0.25 zone. If Dogecoin manages to break through the consolidation range, Fibonacci levels indicate a potential upside target of $0.2680.

樂觀地，從雙底底部模式中成功突破可能會導致$ 0.25區域的挑戰。如果Dogecoin設法突破了整合範圍，則斐波那契水平表明潛在的上行目標為0.2680美元。

On the downside, a key support level is placed just below the $0.2177 zone, at the previous low of $0.2037.

不利的一面是，鑰匙支撐級別位於0.2177 $ 0.2037的$ 0.2177區域以下。

Derivatives Data Shows Mixed Sentiment:

衍生品數據顯示了混合情緒：

As Dogecoin price action shows signs of a bullish reversal, the derivatives market is showing a surge in mixed sentiment.

由於Dogecoin的價格動作顯示了看漲逆轉的跡象，因此衍生品市場表現出混合情緒的激增。

According to Coinglass data, Dogecoin’s open interest has increased by 2.89%, reaching $2.71 billion. This rise in open interest indicates growing trader activity, likely anticipating a sharp price move.

根據Coinglass數據，Dogecoin的開放興趣增加了2.89％，達到27.1億美元。開放興趣的這種上升表明，交易者活動的增長，可能會預計價格急劇上漲。

The bullish intent is evident in the rising, over-weighted funding rate, currently at 0.0070%. However, liquidations over the past 24 hours show bearish dominance, with long liquidations totaling $4.51 million, compared to just $1.41 million in short liquidations.

看漲的意圖在上升，超加權率的上升率上很明顯，目前為0.0070％。但是，過去24小時的清算表現出看跌的優勢，長期清算總計451萬美元，而短清算中的清算僅為141萬美元。

Despite the increase in long liquidations, the Dogecoin long-to-short ratio chart shows an increase in bullish positions. Long positions now account for 48.59%, up from 47.78% over the past 36 hours. This has pushed the long-to-short ratio from 0.915 to 0.945, reflecting an effort to balance sentiment in the cryptocurrency market.

儘管長期清算的增加，但多狗蛋白長期比率圖顯示了看漲位置的增加。現在，長位置佔48.59％，高於過去36小時的47.78％。這已將遠程比率從0.915提高到0.945，這反映了平衡加密貨幣市場情緒的努力。