Despite stepping into “Uptober,” the crypto market is not yet out of the bearish woods. Most assets have been struggling to make northward strides on the price front. Even amid the humdrum environment, community members have been keen about Dogecoin. At press time, the ticker DOGE was a trending topic in the business and finance genre on X [formerly Twitter].

尽管进入了“Uptober”，但加密市场尚未走出看跌森林。大多数资产一直在努力在价格方面向北迈进。即使在单调的环境中，社区成员仍然热衷于狗狗币。截至发稿时，股票代码 DOGE 已成为 X（以前称为 Twitter）上商业和金融领域的热门话题。

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Towards the end of September, Dogecoin initiated an uptrend. It ended up appreciating by almost 7%, and claimed $0.0642. However, it started wiping out its gains right after, and formed a downtrend on its short timeframe chart.

九月底，狗狗币开始上涨趋势。最终升值近 7%，达到 0.0642 美元。然而，它随后开始抹去涨幅，并在短期图表上形成下降趋势。

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What’s In Store For DOGE?

DOGE 即将推出什么？

The DOGE market has been quite volatile of late. Even so, new derivatives traders have not been looking to step into the market. DOGE’s futures OI has been hovering the $244 million to $246 million bracket over the last three days. Simply stated, a rising open interest usually means that new money is flowing into the marketplace and more often than not, it ends up making the ongoing trend even more concrete. Thus, the latest trend is indicative of the trader indifference.

最近 DOGE 市场波动很大。即便如此，新的衍生品交易商并没有考虑进入市场。过去三天，DOGE 的期货 OI 一直徘徊在 2.44 亿美元至 2.46 亿美元之间。简而言之，未平仓合约的增加通常意味着新资金正在流入市场，而且往往会使当前的趋势变得更加具体。因此，最新趋势表明交易者漠不关心。

Among the traders that are participating in the market currently, the bias seems to be more inclined towards the bullish side. The funding rate has been positive on almost all top exchanges. This indicates that bullish traders are trying to gradually assert their dominance. In fact, it can also be contended that long bets have been piling up and traders are getting optimistic about DOGE’s short-term prospects. The long short ratio further supported this thesis. At press time, the metric flashed a reading above 1.3. Specifically, 56.72% of DOGE bets were bullish in nature. Contrarily, 42.28% of the traders were bearish about DOGE’s performance over the next few trading sessions.

目前参与市场的交易者中，偏见似乎更倾向于看涨。几乎所有顶级交易所的资金费率为正。这表明看涨交易者正试图逐渐确立自己的主导地位。事实上，也可以说，多头押注一直在增加，交易者对 DOGE 的短期前景越来越乐观。多空比率进一步支持了这一论点。截至发稿时，该指标的读数闪烁至 1.3 以上。具体来说，56.72% 的 DOGE 押注本质上是看涨的。相反，42.28%的交易者对DOGE未来几个交易日的表现持悲观态度。

Thus, given the collective sentiment of the traders, Dogecoin, could make up for its recent investor losses and register a minor uptick on the price front over the next 24-hours. At press time, DOGE was trading around $0.06108, a level above its bearish trend line. Over the next few hours, it is imperative for DOGE to continue staying above this resistance. However, a failure to do so would invalidate the bullish thesis.

因此，考虑到交易员的集体情绪，狗狗币可能会弥补近期投资者的损失，并在未来 24 小时内价格小幅上涨。截至发稿时，DOGE 的交易价格约为 0.06108 美元，高于其看跌趋势线。在接下来的几个小时内，DOGE 必须继续保持在该阻力位之上。然而，如果不这样做，看涨论点就会失效。

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