Dogecoin Open Interest Plummets, Signaling Cooling Speculation

Dogecoin開放興趣下降，信號冷卻猜測

Falling open interest in Dogecoin futures contracts indicates a significant decrease in speculative activity. Open interest dropped from $4.07 billion in early December to $1.33 billion in late February – a 67% decline. This mirrors the price drop of DOGE from $0.46 to $0.24, suggesting traders are losing confidence.

對Dogecoin期貨合約的開放興趣表明投機活動顯著下降。 Open Isport從12月初的40.7億美元下降到2月下旬的13.3億美元，下降了67％。 這反映了總督的價格從0.46美元下降到0.24美元，這表明交易者正在失去信心。

A tweet from Ali (@ali_charts) on February 27, 2025, highlights this dramatic decrease: "#Dogecoin $DOGE open interest has declined by 67% over the past three months, dropping from an all-time high of $4.07 billion to just $1.33 billion today! pic.twitter.com/yRXjqqljNC"

2025年2月27日，阿里（@ali_charts）發表的一條推文突出了這一戲劇性下降：“ #DogeCoin $ doge Open Isprient在過去三個月中下降了67％，從歷史上的高度下降了40.7億美元，至今天的133.3億美元！

Historically, high open interest correlates with significant price rallies, reflecting increased speculative trading. The surge in open interest between October and December (exceeding $5 billion) coincided with DOGE's price exceeding $0.40. The subsequent sharp decline in open interest, mirroring the price drop below $0.20, points to market cooling and liquidation of leveraged positions. Source: Coinglass

從歷史上看，高開放興趣與大量的價格集會相關，反映了投機性交易的增加。 10月至12月之間的開放利息激增（超過50億美元）與Doge的價格超過0.40美元相吻合。 隨後的開放興趣下降的急劇下降，反映了價格下降到0.20美元以下，指向市場冷卻和槓桿頭寸清算。資料來源：小店

Future Price Predictions:

未來的價格預測：

• Upside Potential: A sharp increase in open interest could drive DOGE above $0.25.
• Downside Risk: Continued low open interest suggests further price weakness, potentially retesting $0.15.

Market Implications:

上升潛力：開放興趣的急劇增加可能會使Doge高於0.25美元。Downside風險：持續的低開放息息表明價格疲軟，可能會重新測試$ 0.15.Market的含義：

The simultaneous decline in both DOGE's price and open interest suggests a correlation between the two. The period of peak open interest (early December) coincided with DOGE reaching $0.46, while the decreasing open interest (February) saw the price fall to $0.24. This suggests leveraged traders are exiting the market, either through liquidations or shifting market sentiment.

Doge的價格和開放興趣的同時下降表明兩者之間存在相關性。 高峰開放利息（12月初）的高峰期與Doge達到0.46美元相關，而開放利息的下降（2月）的價格下跌至0.24美元。 這表明槓桿交易者正在通過清算或不斷變化的市場情緒退出市場。

The current trend in open interest remains unclear, indicating potential market consolidation. However, continued decreases in open interest likely foreshadow further price declines for DOGE.

目前的開放興趣趨勢尚不清楚，表明潛在的市場整合。但是，開放利息的持續下降可能預示了Doge的進一步下降。

Tags: Crypto market, cryptocurrency, Doge, Dogecoin

標籤：加密貨幣市場，加密貨幣，杜克，狗狗幣