Dogecoin (DOGE) has had the worst performance among major cryptocurrencies during the recent market downturn, with its price plummeting by 4.13% as broader market conditions weakened.

在最近的市场下滑期间，Dogecoin（Doge）在主要加密货币中的表现最差，由于市场条件较大，其价格下降了4.13％。

All top cryptocurrencies by market cap are in the red after Bitcoin (BTC) failed to sustain the $95,000 support level. At the time of writing, DOGE’s market cap stands at $26.79 billion, showing a 3.93% decrease, while 24-hour trading volume fell by 36.86% to $1.24 billion, according to CoinMarketCap.

在比特币（BTC）未能维持95,000美元的支持水平之后，所有最高的加密货币均为红色。根据CoinMarketCap的数据，在写作时，Doge的市值为267.9亿美元，显示3.93％，而24小时交易量下降了36.86％，至12.4亿美元。

This marks a setback for Dogecoin, which had seen some optimism from analysts.

这标志着Dogecoin的挫折，这使分析师有一些乐观。

Earlier this month, analyst Ali Martinez pointed out Dogecoin’s long-term ascending price range since 2015.

本月早些时候，分析师阿里·马丁内斯（Ali Martinez）指出了Dogecoin自2015年以来的长期上升价格范围。

The memecoin is known for forming higher lows, which historically sparked huge rallies—sometimes exceeding 500% increases. However, the worst-case short-term scenario has played out as DOGE failed to sustain its next major support level.

该纪念物以形成更高的低点而闻名，这在历史上引发了巨大的集会，有时超过500％的增加。但是，最糟糕的短期情景已经表现出来，因为Doge未能维持其下一个主要的支持水平。

At press time, DOGE is down 4.13% in the 24-hour period to $0.1795, erasing gains from a recent 2.46% weekly lift.

发稿时，Doge在24小时内下降了4.13％，至0.1795美元，从最近每周的2​​.46％的举重中删除了收益。

Midterm technical outlook shows bulls failed to sustain momentum after last week's candle closure. If the daily candle continues to fall below $0.1577, correction pressure could deepen, pushing DOGE towards the $0.15 support zone.

中期技术前景显示，公牛在上周关闭蜡烛后无法维持动力。如果每日蜡烛继续低于$ 0.1577，则矫正压力可能会加深，将Doge推向0.15美元的支撑区。

Possible DOGE price scenarios

可能的Doge价格场景

However, the Dogecoin community is looking towards potential future catalysts to spark a recovery.

但是，Dogecoin社区正在寻找潜在的未来催化剂，以引发恢复。

Several DOGE-related ETF applications are currently pending approval from the SEC.

目前，与SEC的几个与Doge相关的ETF申请正在等待批准。

If approved, these ETFs could drastically improve liquidity and investor confidence, potentially setting the stage for a long-term bullish reversal.

如果获得批准，这些ETF可能会大大提高流动性和投资者的信心，从而有可能为长期看涨的逆转奠定基础。

At a higher time frame, Dogecoin is still respecting a long-term ascending channel—but without a strong recovery above $0.17, any positive price moves are seen as temporary relief rallies.

在较高的时间范围内，Dogecoin仍在尊重一个长期的上升渠道，但没有强劲的回收率高于0.17美元，任何正价移动都被视为临时救济集会。

A 34% drop in trading volume also supports the bearish outlook as the base case scenario for now.

目前，作为基本情况，交易量下降了34％，也支持看跌前景。