Dogecoin (CRYPTO: DOGE) broke out of a falling channel and rose further on Wednesday, continuing the recent rally in meme tokens.

Dogecoin（加密：Doge）从跌落的频道中脱颖而出，并于周三进一步升起，继续最近在Meme代币中举行的集会。

What Happened: Dogecoin is trading around $0.1845 after testing the Fibonacci level at $0.1975 and pulling back. The breakout pushed DOGE to highs last seen in February, briefly taking it above $0.1975, a critical zone where sellers have historically regained control.

发生了什么：Dogecoin在测试斐波那契水平为0.1975美元并退回后，交易约0.1845美元。突破将道路推到了2月最后一次出现的高高，短暂地将其降至0.1975美元以上，这是一个关键区域，卖方在历史上恢复了控制。

The increase in unique addresses follows the launch of cbDOGE, a wrapped version of Dogecoin, on Coinbase Global Inc's (NASDAQ:COIN) Layer-2 Base network. The token allows DOGE to be used within the Ethereum ecosystem for DeFi services such as yield farming, lending, and liquidity provision.

独特地址的增加是在Coinbase Global Inc（NASDAQ：COIN）Layer-2 Base Network上发布的CBDOGE（CBDOGE）的推出。代币允许在以太坊生态系统中使用Doge来用于养殖，贷款和流动性提供等DEFI服务。

Heritage Distilling Co. Inc (NASDAQ:CASH) announced a new partnership with the Dogecoin Foundation's commercial arm, House of Doge, to produce a premium bourbon now available for purchase using DOGE.

Heritage Distilling Co. Inc（NASDAQ：CASH）宣布与Dogecoin基金会的商业部门Doge House of Doge建立新的合作伙伴关系，以生产现在可以使用Doge购买的优质波旁威士忌。

“We are excited to introduce Dogecoin to Main Street with a product that is made by, and for, the DOGE community,” said Timothy Stebbing, Director of the Dogecoin Foundation and Chief Technology Officer at House of Doge.

“我们很高兴将Dogecoin介绍到Main Street，并使用Doge社区制造的产品，” Dogecoin Foundation兼Doge House of Doge的首席技术官Timothy Stebbing说。

Bitcoin (CRYPTO: BTC) closed above $110,000 for the first time in nearly two weeks, gaining 3.5% on optimism around reduced U.S.-China trade friction. The upside spilled into major altcoins, including Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Dogecoin.

比特币（Crypto：BTC）在近两周内首次关闭了110,000美元以上，在减少美国 - 中国贸易摩擦的乐观态度上获得3.5％。上行溢出到包括以太坊（Crypto：ETH），Solana（Crypto：Sol）和Dogecoin在内的主要山寨币。

Short liquidations have totaled over $323 million in the past 24 hours, led by Bitcoin. Rising open interest and funding-rate shifts suggest speculative activity is building.

在过去的24小时内，由比特币领导的过去24小时中的简报总额超过3.23亿美元。开放兴趣和资金率转移的上升表明投机活动正在建立。

If long positioning continues to increase, meme tokens could benefit from another round of momentum-driven flows.

如果长时间的定位继续增加，模因令牌可能会从另一轮动量驱动的流动中受益。

DOGE continues to trade beneath its 50, 100, and 200 EMAs, all sloping downward. The MACD just turned positive on the 4-hour chart. Trading volume is thin, and the RSI sits in oversold territory with no clear bounce yet.

Doge继续在其50、100和200 EMAS以下交易，所有这些都向下倾斜。 MACD在4小时的图表上刚好呈正。交易量很薄，RSI位于超卖领土上，尚无清晰反弹。

Together, it may all boil down to one thing: a decisive move past $0.20 before the bulls could take charge.

一起，这可能全都归结为一件事：在公牛掌管之前，决定性的举动超过了0.20美元。

A close above $0.1975, the top of the most recent 4-hour candle cluster, would validate bullish momentum and open the path toward $0.2145. The level remains a critical zone where sellers have historically regained control.

超过$ 0.1975（最近4小时的蜡烛群中的顶部）将验证看涨势头并打开通往0.2145美元的道路。该水平仍然是卖方历史上恢复控制的关键区域。

Should momentum hold beyond it, DOGE could test $0.22 and $0.26 on follow-through buying.

如果动量超越它，多吉可以在后续购买时测试0.22美元和0.26美元。

Failure to hold $0.1975 risks a move back toward the broken trendline near $0.1822. A decisive break below may expose $0.1642. A full breakdown below $0.14 could shift sentiment sharply bearish, with $0.10 as the next major support.

如果不持有$ 0.1975的可能性可能会返回到损坏的趋势线接近$ 0.1822。低于以下的决定性休息可能会暴露$ 0.1642。低于$ 0.14的全部细分可能会急剧转移看跌，这是下一个主要支持，$ 0.10。

Traders and investors should monitor on-chain metrics such as holder growth, whale transfers and DeFi activity for clues to the next moves.

贸易商和投资者应监控链链指标，例如持有人的增长，鲸鱼转移和Defi活动，以了解下一步行动。

With sentiment-driven catalysts in short supply, price action around $0.20 will likely dictate DOGE’s trajectory in the weeks ahead.

随着情绪驱动的催化剂的供应量短，价格约为0.20美元的价格行动可能会决定Doge在未来几周内的轨迹。