Early Tuesday morning, the cryptocurrency market rebounded, with Dogecoin (Dogecoin) rising 6% in 24 hours to $0.094, despite the bearish "death cross" technical pattern. Short liquidations reached $2.53 million, far exceeding long liquidations. The broader cryptocurrency liquidation total reached $570 million. Traders are closely monitoring the U.S. Manufacturing Purchasing Managers' Index (PMI) data, with Dogecoin targeting a breakout above the $0.096 resistance level.

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