<p>在过去的 24 小时内，狗狗币上涨了 1.25%，而比特币上涨了 1.77%。在撰写本文时，比特币多头正在努力将价格推回到 89,000 美元以上，自上周四以来，这一直是一个局部支撑/阻力水平。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Percent-Addresses-in-Profit-scaled.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Percent-Addresses-in-Profit-scaled.png"/></p>
<p>来源：Glassnode</p>
<p>DOGE 盈利地址的百分比降至 55.53%，为 2024 年 2 月第一周以来的最低水平。通常，盈利地址数量较少对希望买入的投资者来说是一个好兆头。</p>
<p>当这一指标达到多年低点时，通常表明卖方疲软。这并不保证会立即出现大幅反弹，但对希望建立头寸的买家来说是一个好兆头。</p>
<h2><strong>狗狗币投资者现在应该开始买入吗？</strong></h2>
<p>将之前周期的低点与当前数据进行比较，DOGE 投资者可能需要再等一段时间。之前的熊市在 2023 年 10 月录得 44.88% 的低点，距离当前水平还有相当的距离。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Coin-Days-Destroyed-scaled.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Coin-Days-Destroyed-scaled.png"/></p>
<p>来源：Glassnode</p>
<p>此外，销毁币日（Coin Days Destroyed）指标表明，持有者的抛售可能尚未结束。在 2023 年 6 月，CDD 出现了大幅激增，而当时价格接近熊市低点。</p>
<p>每个周期可能不同，但这是价值投资者需要关注的一个方面。</p>
<p>以当前 DOGE 价格买入可能存在风险，因为我们可能尚未见到标志着长期市场底部的强制性抛售。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Realized-Price-scaled.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Realized-Price-scaled.png"/></p>
<p>来源：Glassnode</p>
<p>实现价格指标也警告长期投资者，抛售可能会继续。最近，狗狗币跌破了其实现价格 0.146 美元，并重新测试该价格作为阻力位。</p>
<p>在 2021 年 12 月至 2022 年 1 月期间，DOGE 多次测试实现价格作为阻力位，随后在接下来的六个月内下跌近 70%。在本周期中，类似的情况可能会发生。</p>
<p>如果投资者计划持有 DOGE 多年，根据所分析的指标，不应急于买入。</p>
<hr/>
<h2>最后思考</h2>
<ul>
<li><em>盈利地址的百分比是近两年来的最低水平。</em></li>
<li><em>其他链上指标显示卖方可能尚未疲软，同时强调了 0.14 美元的阻力位作为实现价格的重要性。</em></li>
</ul>

<p>狗狗币的盈利指标已降至两年低点，只有 55.53% 的地址处于盈利状态。这表明潜在的卖方疲软，但投资者可能想要等待再进行购买，因为之前的低点表明可能会出现进一步的下跌。实现价格指标警告持续的卖压，DOGE 最近跌破了其实现价格 0.146 美元。投资者应保持谨慎，因为当前指标并未表明市场已达到明确的底部，而 0.14 美元的阻力位仍然至关重要</p>

<p>Dogecoin was up 1.25% in the past 24 hours following Bitcoin’s 1.77% bounce. At the time of writing, Bitcoin bulls were fighting to take prices back above $89k, which has been a local S/R level since last Thursday.</p>
<div class="lb-trans"><p>在过去的 24 小时内，狗狗币上涨了 1.25%，而比特币上涨了 1.77%。在撰写本文时，比特币多头正在努力将价格推回到 89,000 美元以上，自上周四以来，这一直是一个局部支撑/阻力水平。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Percent-Addresses-in-Profit-scaled.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Percent-Addresses-in-Profit-scaled.png"/></p>
<p>Source: Glassnode</p>
<div class="lb-trans"><p>来源：Glassnode</p>
</div><p>The Percent of DOGE Addresses in profit fell to 55.53%, the lowest since the first week of February 2024. Generally, a low number of addresses in profit is a good sign for investors looking to buy.</p>
<div class="lb-trans"><p>DOGE 盈利地址的百分比降至 55.53%，为 2024 年 2 月第一周以来的最低水平。通常，盈利地址数量较少对希望买入的投资者来说是一个好兆头。</p>
</div><p>When this metric reaches multi-year lows, it suggests seller exhaustion. It does not guarantee an immediate, sizeable rally, but it is a good sign for buyers looking to build a position.</p>
<div class="lb-trans"><p>当这一指标达到多年低点时，通常表明卖方疲软。这并不保证会立即出现大幅反弹，但对希望建立头寸的买家来说是一个好兆头。</p>
</div><h2><strong>Should Dogecoin investors start buying now?</strong></h2>
<div class="lb-trans"><h2><strong>狗狗币投资者现在应该开始买入吗？</strong></h2>
</div><p>Comparing the previous cycle lows to current figures, DOGE investors might want to wait a bit longer. The previous bear market saw a low of 44.88% recorded in October 2023, an appreciable distance from the current levels.</p>
<div class="lb-trans"><p>将之前周期的低点与当前数据进行比较，DOGE 投资者可能需要再等一段时间。之前的熊市在 2023 年 10 月录得 44.88% 的低点，距离当前水平还有相当的距离。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Coin-Days-Destroyed-scaled.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Coin-Days-Destroyed-scaled.png"/></p>
<p>Source: Glassnode</p>
<div class="lb-trans"><p>来源：Glassnode</p>
</div><p>Additionally, the Coin Days Destroyed metric suggested that capitulation from holders was likely not yet in. In June 2023, the CDD saw a massive spike while the price was near bear-market lows.</p>
<div class="lb-trans"><p>此外，销毁币日（Coin Days Destroyed）指标表明，持有者的抛售可能尚未结束。在 2023 年 6 月，CDD 出现了大幅激增，而当时价格接近熊市低点。</p>
</div><p>Each cycle can be different, but this was something value investors will want to keep an eye on.</p>
<div class="lb-trans"><p>每个周期可能不同，但这是价值投资者需要关注的一个方面。</p>
</div><p>Buying at current DOGE prices might be risky, as we likely haven’t witnessed the kind of forced selling that marks a long-term market bottom.</p>
<div class="lb-trans"><p>以当前 DOGE 价格买入可能存在风险，因为我们可能尚未见到标志着长期市场底部的强制性抛售。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Realized-Price-scaled.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/Dogecoin-Realized-Price-scaled.png"/></p>
<p>Source: Glassnode</p>
<div class="lb-trans"><p>来源：Glassnode</p>
</div><p>The Realized Price metric also warned long-term investors that selling might continue. Recently, Dogecoin fell below its realized price at $0.146 and retested it as resistance.</p>
<div class="lb-trans"><p>实现价格指标也警告长期投资者，抛售可能会继续。最近，狗狗币跌破了其实现价格 0.146 美元，并重新测试该价格作为阻力位。</p>
</div><p>In December 2021 – January 2022, DOGE tested the realized price as resistance multiple times before falling nearly 70% over the next six months. A similar scenario could play out during this cycle.</p>
<div class="lb-trans"><p>在 2021 年 12 月至 2022 年 1 月期间，DOGE 多次测试实现价格作为阻力位，随后在接下来的六个月内下跌近 70%。在本周期中，类似的情况可能会发生。</p>
</div><p>Investors should not hurry to buy DOGE if they aim to hold it for multiple years, based on the metrics examined.</p>
<div class="lb-trans"><p>如果投资者计划持有 DOGE 多年，根据所分析的指标，不应急于买入。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2>Final Thoughts</h2>
<div class="lb-trans"><h2>最后思考</h2>
</div><ul>
<li><em>The percent addresses in profit were the lowest they have been in almost two years.</em></li>
<li><em>Other onchain metrics showed that sellers might not be exhausted yet, while highlighting the importance of the $0.14 resistance level as the realized price.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>盈利地址的百分比是近两年来的最低水平。</em></li>
<li><em>其他链上指标显示卖方可能尚未疲软，同时强调了 0.14 美元的阻力位作为实现价格的重要性。</em></li>
</ul>
</div>

Dogecoin’s profit metric hits 2-year low – Is the bottom in for DOGE?

- 狗狗币在过去 24 小时上涨 1.25%。
- 当前 55.53% 的 DOGE 地址处于盈利状态，为两年来最低。
- 投资者应谨慎入场，长期持有的风险较大。

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狗狗币的利润指标降至两年来的最低点——DOGE 是否已经触底？