Following renewed optimism from investors and traders, Dogecoin (DOGE), the largest dog-themed meme coin in the crypto market, has witnessed a surge in its Open Interest (OI) as it reached its highest price in over a month. Open Interest represents the total amount of derivative contracts, such as futures and options, in the market. The recent rise in DOGE's OI suggests increased trader activity and growing market interest in the meme coin.
随着投资者和交易员重新燃起乐观情绪,加密货币市场上最大的以狗为主题的模因代币狗狗币(DOGE)的未平仓合约(OI)激增,达到一个多月以来的最高价格。未平仓合约代表市场上衍生品合约(例如期货和期权)的总量。最近 DOGE 的 OI 上升表明交易者活动增加以及市场对 meme 币的兴趣增加。
Dogecoin's Price Uptick Attracts Investors' Interest
狗狗币的价格上涨吸引了投资者的兴趣
Trading platform and analyst TOBTC shared this positive development on Twitter, sparking positive sentiment among Dogecoin enthusiasts within the crypto community. According to the analyst, since DOGE's price hit a 34-day high on July 20th, market traders' interest in the crypto asset has soared, resulting in a 19% spike in OI.
交易平台和分析师 TOBTC 在 Twitter 上分享了这一积极进展,激发了加密社区内狗狗币爱好者的积极情绪。该分析师表示,自 7 月 20 日 DOGE 价格触及 34 天高点以来,市场交易者对该加密资产的兴趣飙升,导致 OI 飙升 19%。
As of the time of TOBTC's report, the OI in DOGE had risen to almost $647.19 million, its highest level since early July. According to Coinglass, the OI currently stands at $742.21 million.
截至 TOBTC 发布报告时,DOGE 的 OI 已升至近 6.4719 亿美元,为 7 月初以来的最高水平。根据 Coinglass 的数据,OI 目前为 7.4221 亿美元。
DOGE Open Interest hit the highest level in July | Source: TOBTC on Twitter
DOGE持仓量创7月最高水平 | DOGE来源:TOBTC 推特
Considering the significant rise in OI, DOGE traders appear to be increasing their positions following the recent price spike to its highest level in the past month. Dogecoin's price surge on Saturday resulted in a gain of up to 18%, reaching approximately $0.133.
考虑到 OI 的显着上升,DOGE 交易者似乎在近期价格飙升至过去一个月的最高水平后增加了头寸。周六狗狗币价格飙升,涨幅高达 18%,达到约 0.133 美元。
The price increase comes amidst a market sentiment that favors Greed, suggesting a growing bullishness in the crypto market. However, despite the optimistic sentiment, TOBTC highlighted that several crypto experts warn of possible pullbacks for DOGE, indicating the inherent volatility of digital assets.
此次价格上涨是在市场情绪偏向 Greed 的背景下进行的,这表明加密货币市场的看涨情绪日益浓厚。然而,尽管市场情绪乐观,但 TOBTC 强调,一些加密货币专家警告 DOGE 可能会出现回调,这表明数字资产固有的波动性。
TOBTC also noted that the price of Dogecoin has been influenced by heightened speculation regarding interest rate decreases in September and the potential for a pro-crypto stance from Donald Trump, should he win the upcoming United States Presidential election in November.
TOBTC 还指出,狗狗币的价格受到了有关 9 月份利率下降的猜测加剧以及唐纳德·特朗普(如果他赢得 11 月份即将举行的美国总统选举)可能采取支持加密货币立场的影响。
As DOGE continues to display this recent bullish move, market traders and analysts are closely monitoring the digital asset's movements, anticipating a new all-time high in the short term.
随着 DOGE 继续表现出近期的看涨走势,市场交易员和分析师正在密切关注该数字资产的走势,预计短期内将创下新的历史高点。
DOGE To $0.30 Could Happen In The Coming Weeks
DOGE 可能会在未来几周内跌至 0.30 美元
Since the price spike over the weekend, several crypto analysts have shared their insights on the bullish move. World of Charts, a crypto analyst and enthusiast, predicts that with its current price momentum, DOGE could soon approach the $0.30 level.
自周末价格飙升以来,几位加密货币分析师分享了他们对看涨走势的见解。加密货币分析师和爱好者 World of Charts 预测,以目前的价格势头,DOGE 可能很快就会接近 0.30 美元的水平。
According to the expert, Dogecoin is currently running a 25% profit, while breaking another resistance in its falling wedge retesting process. As a result, the analyst believes that DOGE could potentially reach $0.30 in the upcoming weeks if the retest is successful.
据专家称,狗狗币目前的利润为 25%,同时突破了其下降楔形重新测试过程中的另一个阻力。因此,分析师认为,如果重新测试成功,DOGE 可能在未来几周内达到 0.30 美元。
Data from CoinMarketCap shows that DOGE's price has maintained its bullish rise, trading at $0.138 as of writing, representing an increase of over 5% in the past 24 hours. Its market cap and trading volume have also increased by 5.14% and 41%, respectively, during the same period.
CoinMarketCap 的数据显示,DOGE 的价格一直保持看涨势头,截至发稿时交易价格为 0.138 美元,过去 24 小时内涨幅超过 5%。同期其市值和交易量也分别增长了5.14%和41%。
DOGE trading at $0.138 on the 1D chart | Source: DOGEUSDT on Tradingview.com
一维图表上 DOGE 的交易价格为 0.138 美元 |来源:Tradingview.com 上的 DOGEUSDT
Featured image from iStock, chart from Tradingview.com
精选图片来自 iStock,图表来自 Tradingview.com