Dogecoin Open Interest Plummets, Signaling Cooling Speculation

Dogecoin开放兴趣下降，信号冷却猜测

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.

对Dogecoin期货合约的开放兴趣表明投机活动显着下降。 Open Isport从12月初的40.7亿美元下降到2月下旬的13.3亿美元，下降了67％。 这反映了总督的价格从0.46美元下降到0.24美元，这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）发表的一条推文突出了这一戏剧性下降：“ #DogeCoin $ doge Open Isprient在过去三个月中下降了67％，从历史上的高度下降了40.7亿美元，至今天的133.3亿美元！

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

从历史上看，高开放兴趣与大量的价格集会相关，反映了投机性交易的增加。 10月至12月之间的开放利息激增（超过50亿美元）与Doge的价格超过0.40美元相吻合。 随后的开放兴趣下降的急剧下降，反映了价格下降到0.20美元以下，指向市场冷却和杠杆头寸清算。资料来源：小店

Future Price Predictions:

未来的价格预测：

• 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:

上升潜力：开放兴趣的急剧增加可能会使Doge高于0.25美元。Downside风险：持续的低开放息息表明价格疲软，可能会重新测试$ 0.15.Market的含义：

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的价格和开放兴趣的同时下降表明两者之间存在相关性。 高峰开放利息（12月初）的高峰期与Doge达到0.46美元相关，而开放利息的下降（2月）的价格下跌至0.24美元。 这表明杠杆交易者正在通过清算或不断变化的市场情绪退出市场。

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.

目前的开放兴趣趋势尚不清楚，表明潜在的市场整合。但是，开放利息的持续下降可能预示了Doge的进一步下降。

Tags: Crypto market, cryptocurrency, Doge, Dogecoin

标签：加密货币市场，加密货币，杜克，狗狗币