The popular meme cryptocurrency Dogecoin (DOGE) has recently been experiencing significant volatility, with expectations of an impending surge.

流行的模因加密货币狗狗币（DOGE）最近经历了大幅波动，预计价格即将飙升。

In early May, DOGE's price briefly dipped to $0.12, sparking concerns among investors. However, since then, Dogecoin has demonstrated resilience, staging a notable recovery.

5月初，DOGE价格一度跌至0.12美元，引发投资者担忧。然而，自那时以来，狗狗币表现出了韧性，实现了显着的复苏。

Despite this positive movement, the cryptocurrency still hovers below a crucial resistance level of $0.16. This resistance level has proven to be a stubborn barrier in the past, preventing further upward movement.

尽管出现了这一积极走势，但加密货币仍徘徊在 0.16 美元的关键阻力位下方。事实证明，这一阻力位在过去是一个顽固的障碍，阻止了进一步的上涨。

Repeated tests of this hurdle indicate a consolidation phase that could be pivotal for its future trajectory.

对这一障碍的反复测试表明，整合阶段可能对其未来发展轨迹至关重要。

Anticipation of Dogecoin Price Surge

狗狗币价格飙升的预期

According to BeinCrypto, optimistic sentiment prevails in the market as DOGE shows signs of a bullish trend. Investors and traders have responded by establishing long positions in anticipation of the cryptocurrency's price appreciation. This shift in market dynamics is evident in a noticeable increase in open interest in its derivatives.

据 BeinCrypto 称，随着 DOGE 显示出看涨趋势的迹象，市场上普遍存在乐观情绪。投资者和交易员通过建立多头头寸来应对加密货币价格上涨的预期。市场动态的这种转变体现在其衍生品未平仓合约的显着增加。

Open interest in a cryptocurrency context refers to the total number of outstanding derivative contracts. For Dogecoin, the rise in open interest suggests increased market activity and trader interest. Over the past two days, this figure has surged by approximately $200 million, indicating robust market engagement.

加密货币中的未平仓合约是指未偿还衍生品合约的总数。对于狗狗币来说，未平仓合约的增加表明市场活动和交易者兴趣增加。过去两天，这一数字飙升了约 2 亿美元，表明市场参与度强劲。

While the increase in open interest could be attributed to both long and short positions, the current positive funding rate implies that the surge is primarily in long contracts. This is a bullish indicator, suggesting that investors are betting on Dogecoin's future price rise.

虽然未平仓合约的增加可能归因于多头头寸和空头头寸，但目前的正融资利率意味着激增主要是多头合约。这是一个看涨指标，表明投资者押注狗狗币未来的价格上涨。

Market Sentiment and Potential Price Rally

市场情绪和潜在的价格上涨

DOGE's price recovery, while promising, still has significant room for growth. Currently, only 83% of Dogecoin's circulating supply is in profit.

DOGE 的价格复苏虽然充满希望，但仍有很大的增长空间。目前，狗狗币的流通供应量中只有 83% 处于盈利状态。

This contrasts with other cryptocurrencies where a higher percentage typically signals a potential market peak. For Dogecoin, reaching a state where 95% of its supply is profitable would signify a strong market peak.

这与其他加密货币形成鲜明对比，在其他加密货币中，较高的百分比通常预示着潜在的市场高峰。对于狗狗币来说，达到 95% 供应量盈利的状态将意味着强劲的市场峰值。

Technically, the resistance at $0.16 is crucial. If Dogecoin can flip this resistance into support, there could be a clear path to higher prices. Specifically, flipping $0.16 could open the gates towards $0.18, and subsequently, a push towards the $0.20 mark could be on the cards.

从技术上讲，0.16 美元的阻力至关重要。如果狗狗币能够将这一阻力转变为支撑，那么价格上涨可能会有一条清晰的道路。具体来说，翻转 0.16 美元可能会打开通往 0.18 美元的大门，随后可能会推向 0.20 美元大关。

Breaking through this critical resistance has the potential to trigger a 25% rally in Dogecoin's price. Such a move would not only help the meme cryptocurrency recover its recent losses but also strengthen its position.

突破这一关键阻力位有可能引发狗狗币价格上涨 25%。此举不仅有助于迷因加密货币收复最近的损失，还可以巩固其地位。

However, optimism should be tempered with caution. Failure to break the $0.16 resistance could leave it vulnerable to a pullback, potentially dropping back to $0.15.

然而，乐观情绪应谨慎对待。如果未能突破 0.16 美元的阻力位，可能会导致其容易回调，有可能回落至 0.15 美元。

Further declines towards $0.12 could severely dent the current bullish outlook and derail many optimistic projections for the cryptocurrency's future. Watch this space.

进一步跌向 0.12 美元可能会严重削弱当前的看涨前景，并破坏对加密货币未来的许多乐观预测。关注此空间。