Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) fell Wednesday after President Donald Trump's tariff shock, extending its weekly losses to over 16%.

唐纳德·特朗普（Donald Trump）总统的关税冲击后，以狗为主题的加密货币（Crypto：Doge）周三下降，每周的损失将超过16％。

What Happened: The world’s largest meme ruled from the highs of $0.1787 to the mid-$0.1600 region as the new reciprocal tariff structure exceeded Wall Street’s worst-case expectations, sending stocks and cryptocurrencies tumbling.

发生的事情是：随着新的互惠关税结构超过华尔街最糟糕的期望，世界上最大的模因从0.1787美元的高点统治到了0.1600美元的地区，派出了股票和加密货币。

DOGE has made a sharp U-turn since hitting $0.20 last week, losing more than 16% along the way. The price decline dampened speculative interest in the coin, causing the Open Interest in DOGE futures to fall 24% over the week, according to Coinglass.

自从上周达到0.20美元以来，Doge的掉头急剧下降，一路上损失了16％以上。据Coinglass称，价格下降削弱了硬币的投机利息，导致Doge Futures的开放兴趣在一周内下降了24％。

Moreover, the Long/Short Ratio dipped below 1, indicating that the majority of traders were positioned bearish on the coin.

此外，长/短比率下降到1以下，这表明大多数交易者被定位在硬币上。

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Why It Matters: Well-known cryptocurrency analyst Ali Martinez stated that DOGE was at a "make-or-break level."

它为什么重要：著名的加密货币分析师阿里·马丁内斯（Ali Martinez）表示，Doge处于“成败水平”。

"If $0.16 holds, a rally to $0.57 could follow. If it fails, a drop to $0.06 becomes likely," the analyst projected.

该分析师预计：“如果$ 0.16的售价为$ 0.16，则可能会有$ 0.57的集会。如果失败，可能会下降到0.06美元。”

#Dogecoin $DOGE is at a make-or-break level. If $0.16 holds, a rally to $0.57 could follow. If it fails, a drop to $0.06 becomes likely. pic.twitter.com/ksJjZIuN8D

#DogeCoin $ Doge处于制造或破坏水平。如果$ 0.16持有，则可能会有$ 0.57的集会。如果失败，则可能会降至0.06美元。 pic.twitter.com/ksjjziun8d

Moving averages, both exponential and simple, flashed "Sell" signals for DOGE, according to TradingView.

根据TradingView的说法，将平均值（无论是指数级还是简单）闪烁的“卖出”信号。

Meanwhile, the Moving Average Convergence Divergence indicator, which compares two exponential moving averages of price, typically a 12-period EMA and a 26-period EMA, generated a "Buy" signal.

同时，移动平均值收敛差异指标比较了两个指数移动平均值，通常是12个周期EMA和一个26个周期EMA，产生了“购买”信号。

Price Action: Dogecoin was trading at $0.1658, down 3.30% over the last 24 hours, according to Benzinga Pro.

价格行动：Dogecoin的交易价格为0.1658美元，在过去24小时内下跌3.30％。