Dogecoin mengalami pembalikan besar setelah sempat naik pada hari Senin. Cryptocurrency meme ini mencapai puncaknya pada hari Selasa, kemudian mulai turun tajam dan berlanjut hingga hari Kamis.
Pada hari Rabu, harga Dogecoin sempat mencapai puncak 0,127 USD, kemudian mengalami penarikan laba yang menyebabkan harga turun. Hingga waktu penulisan, harga perdagangan Dogecoin adalah 0,1151 USD, turun 7,74% dalam 24 jam terakhir. Cryptocurrency ini menunjukkan tren penurunan di semua periode waktu utama (termasuk grafik jam, grafik harian, dan grafik mingguan).
Kecelakaan besar menghantam pasar futures cryptocurrency.
In the past 24 hours, the cryptocurrency derivatives market has experienced extreme volatility. More than $509 million in futures positions have been liquidated, an increase of 57% from the previous day. Among them, long positions accounted for the vast majority, and traders betting on continued price increases faced losses.
The Federal Reserve has decided to keep interest rates between 3.5% and 3.75%, intensifying market risk aversion. Although this decision was widely anticipated in the market, investors are still shifting funds to safe-haven assets. This trend has triggered a sell-off in the cryptocurrency market.
According to CoinGlass data, the total liquidation amount of Dogecoin in 24 hours was $6.27 million. During the same period, the open contract volume of this meme coin decreased by 1.38% to $1.4 billion.
Trading indicators depict a pessimistic outlook.
In recent weeks, whale trading activity has significantly decreased. Over the past four weeks, large transactions exceeding $1 million have dropped by 94.6%. According to AliCharts data, the number of such trades plummeted from 109 to just 6.
Spot trading volume has decreased by 13% in the past 24 hours to $1.16 billion. The reduction in trading activity aligns with the overall negative sentiment surrounding the asset.
The futures market has shown a significant exception. Bitmex exchange reported that its futures trading volume soared an astonishing 10,782% within 24 hours. The platform's trading volume reached $200.98 million, standing out especially against a backdrop of declining other indicators.
Technical indicators show key support and resistance levels that traders need to pay attention to. Direct support is at $0.11, and if sell-off pressure continues, secondary support is at $0.10. On the upside, resistance is at $0.133, which corresponds to the 50-day moving average. Any sustained rebound will need to break through this resistance.