The trading interest in Dogecoin has grown more than 40% in the past day, and this has been another milestone that has set a fresh high not seen since April this year. The current status of the crypto market is in the green as major currencies and altcoins show a bull rally to new heights. Taking the lead are major cryptocurrencies, including Ethereum and Bitcoin. 

過去一天，狗狗幣的交易量增加了 40% 以上，這是另一個里程碑，創下了今年 4 月以來的新高。隨著主要貨幣和山寨幣顯示出牛市反彈至新的高度，加密貨幣市場的當前狀態呈現綠色。領先的是主要加密貨幣，包括以太幣和比特幣。

Altcoins, including Dogecoin (DOGE), have been experiencing a spillover from the performance of major currencies that was initially caused by the rising interest in spot exchange-traded funds approval by the US Securities and Exchange Commission (SEC). Increased trading volume was also witnessed in the memecoin’s market value, and here is a breakdown of why. 

包括狗狗幣 (DOGE) 在內的山寨幣一直在經歷主要貨幣表現的溢出效應，這最初是由於美國證券交易委員會 (SEC) 對現貨交易所交易基金批准的興趣上升所致。模因幣的市值也見證了交易量的增加，以下是原因分析。

Dogecoin’s market performance 

狗狗幣的市場表現

An increase in leveraged bets in Dogecoin increased by 12% in a report on Thursday, and the company exclaimed its intentions of sending a physical DOGE to the moon. Still, market experts see a spike in its market price as a general bearish signal. 

週四的一份報告顯示，狗狗幣的槓桿賭注增加了 12%，該公司還宣稱打算將實體狗狗幣送上月球。儘管如此，市場專家仍將其市場價格飆升視為普遍看跌訊號。

Following the key metric used in Dogecoin (DOGE) futures, it jumped by 40% in the past 24 hours. This was a high-risk market behavior that was witnessed among traders, and this has also recorded a historically marked local price topping the digital currency market. 

根據狗狗幣 (DOGE) 期貨使用的關鍵指標，它在過去 24 小時內上漲了 40%。這是交易者親眼所見的高風險市場行為，也創下了數位貨幣市場本地價格歷史最高紀錄。

The number of unsettled futures bets has spiked by over 7 billion DOGE tokens as of November 17. These levels haven’t been seen in the past 7 months. However, the positions are currently worth $600 million at the time of writing. 

截至 11 月 17 日，未結算的期貨押注數量激增超過 70 億個 DOGE 代幣。在過去 7 個月裡，從未出現過這樣的水平。然而，截至撰寫本文時，這些頭寸目前價值 6 億美元。

Half of these bets, approximately $275 million worth of digital asset futures, are initially placed in the Binance crypto exchange. Bybit holds $134 million, and the OKX exchange is at $85 million. Moreover, the long-to-short ratio is tagged at 50% on either side, and this implies that traders may be hedging all their positions.

其中一半的賭注（價值約 2.75 億美元的數位資產期貨）最初投入幣安加密貨幣交易所。 Bybit 持有 1.34 億美元，OKX 交易所持有 8,500 萬美元。此外，多空比率雙方都標記為 50%，這意味著交易者可能正在對沖所有部位。

Market data analysis on Dogecoin 

狗狗幣市場數據分析

According to historical market data, the rise in open interest signals a bullish bias for the cryptocurrency’s underlying futures. Moreover, if the value reaches further heights or suddenly spikes, a bearish signal is considered, indicating a potential structure change or market trend. Traders might be noted to build short positions in light of taking advantage of the market movements. 

根據歷史市場數據，未平倉合約的增加顯示加密貨幣基礎期貨的看漲傾向。此外，如果該值達到進一步的高度或突然飆升，則視為看跌訊號，表示潛在的結構變化或市場趨勢。交易者可能會注意到利用市場走勢建立空頭部位。

The increase in Dogecoin’s open interest outlines the framework for the general market. Other futures that tracked major currencies like Ethereum (ETH) and Bitcoin (BTC) both plummeted by 5%. On Thursday, Dogecoin jumped by over 12% amid reports of a space payload mission. 

狗狗幣未平倉合約的增加勾勒出整體市場的框架。其他追蹤主要貨幣的期貨，如以太幣 (ETH) 和比特幣 (BTC) 均暴跌 5%。週四，由於太空有效載荷任務的報道，狗狗幣上漲了 12% 以上。

The idea was to send a physical replica of the digital currency straight to the moon. The mission was planned by a Pittsburgh-based firm called Astrobotic, and the agenda was reaching the Earth’s moon and deploying a DOGE token in December 2023. 

這個想法是將數位貨幣的實體複製品直接發送到月球。該任務是由總部位於匹茲堡的 Astrobotic 公司策劃的，議程是在 2023 年 12 月到達月球並部署 DOGE 代幣。

Currently, based on the crypto market sentiments, it’s possible that the DOGE price will retrace to its levels to the downside. This could be an issue that is also already anticipated by experts, showing a sight of a bearish market rally in the future. 

目前，根據加密貨幣市場情緒，DOGE 價格可能會回落至下行水準。這也可能是專家們已經預料到的問題，預示著未來市場將會出現看跌反彈。

Additionally, the market data analysis shows that DOGE is currently up by 6.26% in the past 24 hours at the time of writing. During this time, its price was tagged at $0.08426, and its daily trading volume stood at a staggering 83.56%. Its market cap also increased by 6.27%. 

此外，市場數據分析顯示，截至撰寫本文時，DOGE 目前在過去 24 小時內上漲了 6.26%。在此期間，其價格為0.08426美元，每日交易量達到驚人的83.56%。其市值也上漲了6.27%。

Analyzing the past month, its price has soared by 43.34%, and these gains also confirm a declining signal for the memecoin. It’s possible that these sentiments might be true, but it’s yet to be discovered. 

分析過去一個月，其價格飆漲了43.34%，這些漲幅也印證了memecoin的下跌訊號。這些情緒可能是真實的，但尚未被發現。