The crypto market experienced a downturn over the weekend, with major altcoins like Chainlink (LINK) and Pepe (PEPE) reporting substantial losses. The decline, which coincided with falling prices across the altcoin sector, came as investors reacted to mounting global uncertainties—particularly escalating U.S.-China trade tensions and rising market risk aversion.

加密货币市场在周末经历了下滑，主要的替代币（例如Chainlink（Link）和Pepe（Pepe））报告了巨大的损失。随着投资者对安装全球不确定性的反应，这一下降与整个Altcoin行业的价格下跌相吻合 - 尤其是在美国 - 中国贸易紧张局势和市场风险不断增加的情况下逐渐升级。

According to Alex Kuptsikevich, chief market analyst at FxPro, the sell-off was triggered by renewed tariff fears. “Markets went red on Friday on renewed tariff-related apprehensions,” he noted. “President Trump accused China of violating the recent trade truce, while Treasury Secretary Scott Bessent admitted that talks with Beijing had stalled.”

FXPRO首席市场分析师Alex Kuptsikevich表示，抛售是由更新的关税担忧引起的。他指出：“周五，市场因与关税相关的新忧虑而发红。” “特朗普总统指责中国违反了最近的贸易休战，而财政部长斯科特·贝斯特（Scott Bessent）承认与北京的会谈停滞不前。”

The downturn also saw Bitcoin (BTC) slipping by more than 2% to fall below the $104,000 mark, largely due to reports of major whale wallets sending coins back to exchanges—a move that usually indicates profit-taking.

低迷的比特币（BTC）下滑了2％以上，低于104,000美元的成绩，这在很大程度上是由于有报道称大鲸鱼钱包将硬币送回交易所，这一举动通常表明获利。

Plus, new data from Glassnode showed that the Open Interest in BTC futures increased 51% since April, while options saw a 126% increase—both indicators of heightened speculation and hedging activity.

此外，GlassNode的新数据表明，自4月以来，BTC期货的开放兴趣增长了51％，而期权增加了126％，这都是猜测和对冲活动增强的指标。

“Bitcoin’s local support looks solid around $103K for the coming days,” Kuptsikevich added, but pointed out that the increased volatility might put pressure on altcoins like Dogecoin (DOGE).

Kuptsikevich补充说：“在接下来的几天里，比特币的本地支持看起来稳定于10.3万美元。

As the crypto market experienced a downturn, Dogecoin founder Billy Markus, known online as "Shibetoshi Nakamoto," offered a humorous take. In a tweet, he said: "I liked crypto about 10% better yesterday."

当加密货币市场经历了低迷时期，Dogecoin创始人Billy Markus在线被称为“ Nakamoto Shibetoshi Nakamoto”。他在一条推文中说：“昨天我喜欢加密货币大约10％。”

Markus, who frequently posts sarcastic observations on the crypto industry, has remained a vocal skeptic of speculative trading. He previously compared day-trading to "a mental illness" and often questions the reliability of market predictions.

马库斯（Markus）经常在加密货币行业上发布讽刺的观察，但仍然对投机交易表示怀疑。他之前将日常交易与“精神疾病”进行了比较，并且经常质疑市场预测的可靠性。

Moreover, Markus doesn't hold a significant amount of Dogecoin. Back in 2015, he sold most of his DOGE holdings to buy a used Honda Civic. As of now, he says he only has a "tiny bit" of DOGE and 0.001 BTC.

此外，马库斯没有大量的狗狗。早在2015年，他就卖出了大部分的总督藏品来购买二手本田思域。截至目前，他说他只有一个“小”的总督和0.001 BTC。

Despite the weekend drop, some analysts believe the Dogecoin network and its strong community could help DOGE recover in the near term—provided external market conditions stabilize.

尽管周末下降了，一些分析师认为，狗狗币网络及其强大的社区可以帮助您在短期内恢复 - 保护外部市场状况稳定。

From a technical perspective, the current support zone around $0.15 remains key. If the DOGE price holds above this level and broader sentiment improves, a recovery toward the $0.25–$0.29 range may be possible. However, if macroeconomic pressure persists, Dogecoin investors may see further pullbacks before stabilization.

从技术角度来看，当前的支撑区约为$ 0.15仍然是关键。如果总督价格高于此水平并提高了更广泛的情绪，则可能可以恢复0.25– $ 0.29的范围。但是，如果宏观经济压力持续存在，Dogecoin投资者可能会在稳定之前看到进一步的回调。

Crypto analyst platforms suggest that upcoming economic indicators, such as inflation data and monetary policy shifts—could play a major role in determining whether a Dogecoin rise is on the cards or if this recent downturn deepens into a prolonged Dogecoin challenge.

加密分析师平台表明，即将到来的经济指标，例如通货膨胀数据和货币政策的变化 - 将在确定狗狗蛋白的上升是否浮出水面，或者最近的下滑深度加深到长期的狗狗蛋白挑战方面起着重要作用。