Dogecoin Reaches Highest Price in 34 Days

狗狗幣觸及 34 天內最高價格

Dogecoin (DOGE), the popular memecoin, has surged to its highest price in 34 days, drawing renewed attention from investors. On July 20, DOGE broke out significantly, leading to an uptick in value. However, analysts remain cautious about the sustainability of this rise.

流行的 memecoin 狗狗幣（DOGE）已飆升至 34 天內的最高價格，再次引起投資者的注意。 7月20日，DOGE大幅爆發，幣值上漲。然而，分析師對這種上漲的可持續性仍持謹慎態度。

Dogecoin's Rise

狗狗幣的崛起

Anonymous crypto analyst Shelby noted on July 20 that DOGE had made a significant breakout and was poised for further upward movement. Shelby also recommended monitoring other memecoins, such as Floki (FLOKI) and Shiba Inu (SHIB), as they often follow DOGE's price movements.

匿名加密貨幣分析師謝爾比 (Shelby) 7 月 20 日指出，DOGE 已取得重大突破，並準備進一步上漲。謝爾比還建議監控其他迷因幣，例如 Floki (FLOKI) 和 Shiba Inu (SHIB)，因為它們經常跟隨 DOGE 的價格走勢。

Crypto analysts Cheds and CryptoBoss confirmed the breakout in Dogecoin's price. DOGE is currently trading at $0.1336, an 18.82% increase over the past seven days.

加密貨幣分析師 Cheds 和 CryptoBoss 證實了狗狗幣價格的突破。 DOGE 目前交易價格為 0.1336 美元，過去 7 天上漲 18.82%。

However, analyst Magnate warns of a potential pullback, advising investors to avoid "FOMO" (fear of missing out). Magnate predicts a price drop to $0.1194, which could liquidate around $47.23 million in long positions.

然而，分析師 Magnate 警告稱，可能出現回調，建議投資者避免「FOMO」（害怕錯過機會）。 Magnate 預計價格將跌至 0.1194 美元，這可能會清算約 4,723 萬美元的多頭部位。

Speculation on Future Price

對未來價格的投機

The recent price rise has sparked speculation that DOGE could reach its all-time high of $0.73, set in May 2021 after the third Bitcoin block reward halving. If this pattern continues, DOGE may hit a new peak in April 2025.

最近的價格上漲引發了人們的猜測，即 DOGE 可能會達到 2021 年 5 月第三次比特幣區塊獎勵減半後創下的歷史新高 0.73 美元。如果這種模式持續下去，DOGE 可能會在 2025 年 4 月達到新的高峰。

Increased Investor Interest

投資者興趣增加

Dogecoin's Open Interest (OI) has reached its highest level in July, rising by 19% to $647.19 million over the past four days. This data from CoinGlass indicates a significant surge in investor interest in DOGE.

狗狗幣的未平倉合約 (OI) 已達到 7 月的最高水平，過去四天上漲 19% 至 6.4719 億美元。來自 CoinGlass 的數據顯示投資者對 DOGE 的興趣大幅上升。

Market Sentiment Shift

市場情緒轉變

The price rise and increased OI coincide with a shift in market sentiment. The Crypto Fear and Greed Index shows that sentiment has risen from "Extreme Fear" (33) to "Greed" (74) in just one week.

價格上漲和持倉增加與市場情緒的轉變同時發生。加密貨幣恐懼和貪婪指數顯示，情緒在短短一周內從「極度恐懼」（33）上升到「貪婪」（74）。