The Dogecoin open interest has been on a steady climb lately and on the 10-year anniversary of the meme coin, the open interest broke a new 6-month high. Open futures interest rose to $625 million on Wednesday, December 6, showing just how much interest the meme coin has been seeing lately.

狗狗幣的未平倉合約最近一直在穩步攀升，在 Meme 幣誕生 10 週年之際，未平倉合約突破了 6 個月新高。 12 月 6 日星期三，未平倉期貨利息升至 6.25 億美元，這表明 meme 代幣最近受到了多大的關注。

Dogecoin Open Interest At New 6-Month High

狗狗幣持倉量創 6 個月新高

Dogecoin’s open interest saw a considerable spike between the months of October and December after the price began a steady climb. This took the open interest from around $240 million in August to as high as $625 million by early December.

在價格開始穩定攀升後，狗狗幣的未平倉部位在 10 月至 12 月期間大幅上漲。這使得未平倉合約從 8 月的約 2.4 億美元增加到 12 月初的 6.25 億美元。

As Bitcoinist previously reported, this steady increase in the open interest could signal a price rally is coming. It actually means more investors are betting on the price of the digital asset, and while it could go either way, it is also a testament to many eyes following DOGE’s price performance.

正如 Bitcoinist 之前報導的那樣，未平倉合約的穩定成長可能預示著價格上漲即將到來。這實際上意味著更多的投資者正在押注數位資產的價格，雖然它可能會走向任何一個方向，但這也證明了許多人關注 DOGE 的價格表現。

The historical performance also shows that there has been a price increase usually when the open interest rises, and DOGE has not failed this time around. Since the initial Bitcoinist report, the DOGE price has risen from $0.084 to as high as $0.1 before correcting back downward. This suggests that the Dogecoin price is following its historical performance and the increase in open interest heralds good tidings for the coin.

歷史表現也表明，通常當持倉量增加時，價格就會上漲，而這次DOGE並沒有失敗。自最初的 Bitcoinist 報告發布以來，DOGE 價格已從 0.084 美元上漲至 0.1 美元，然後又回落。這表明狗狗幣的價格正在追隨其歷史表現，而未平倉合約的增加預示著狗狗幣的好消息。

The last time that the Dogecoin open interest was this high was back in April 2023 and like always, the price had risen in tandem with this metric. However, given the price performance that followed the spike in April 2023, it might not all be good news for the DOGE price going forward.

上次狗狗幣未平倉合約達到如此高的水平是在 2023 年 4 月，與往常一樣，價格也隨著這一指標的上漲而上漲。然而，考慮到 2023 年 4 月飆升後的價格表現，這對於 DOGE 價格的未來來說可能並不全是好消息。

DOGE Could See A Price Decline

DOGE 可能會看到價格下跌

Given that historical performance points toward a bullish performance, it is also prudent to look at the times when historical performance has ended in a bearish trend. A case of this is in April 2023 when the open interest began to lose momentum. As a result, the price declined rapidly.

鑑於歷史表現指向看漲表現，因此謹慎看待歷史表現以看跌趨勢結束的時期。 2023 年 4 月就是一個例子，當時持倉量開始失去動力。結果，價格迅速下跌。

Dogecoin’s open interest is already seeing a decline, as data from Coinglass shows it fell 10% between Wednesday and Thursday, although there was a small 1.89% uptick on Friday. This could suggest a more bearish impulse compared to a bullish trend. If this happens, then the DOGE price could return to $0.08.

狗狗幣的未平倉合約已經下降，Coinglass 的數據顯示，週三至週四期間狗狗幣的未平倉合約下降了 10%，儘管週五小幅上漲了 1.89%。與看漲趨勢相比，這可能表示更看跌的衝動。如果發生這種情況，那麼 DOGE 價格可能會回到 0.08 美元。

However, if the bullish trend holds similarly to October 2022 when the price went from $0.06 to $0.15, the DOGE price could mount a 100% rally from here. This would put the meme coin’s price just shy of $0.2, validating analysts’ expectations of a bullish rally coming for Dogecoin.

然而，如果看漲趨勢與 2022 年 10 月價格從 0.06 美元上漲至 0.15 美元類似，那麼 DOGE 價格可能會從這裡上漲 100%。這將使 Meme 幣的價格略低於 0.2 美元，驗證了分析師對狗狗幣看漲反彈的預期。