Dogecoin Reaches Highest Price in 34 Days

狗狗币触及 34 天内最高价格

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 狗狗币（DOGE）已飙升至 34 天内的最高价格，再次引起投资者的关注。 7月20日，DOGE大幅爆发​​，币值上涨。然而，分析师对这种上涨的可持续性仍持谨慎态度。

Dogecoin's Rise

狗狗币的崛起

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.

匿名加密货币分析师谢尔比 (Shelby) 7 月 20 日指出，DOGE 已取得重大突破，并准备进一步上涨。谢尔比还建议监控其他模因币，例如 Floki (FLOKI) 和 Shiba Inu (SHIB)，因为它们经常跟随 DOGE 的价格走势。

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.

加密货币分析师 Cheds 和 CryptoBoss 证实了狗狗币价格的突破。 DOGE 目前交易价格为 0.1336 美元，过去 7 天上涨 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，分析师 Magnate 警告称，可能出现回调，建议投资者避免“FOMO”（害怕错过机会）。 Magnate 预计价格将跌至 0.1194 美元，这可能会清算约 4723 万美元的多头头寸。

Speculation on Future Price

对未来价格的投机

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.

最近的价格上涨引发了人们的猜测，即 DOGE 可能会达到 2021 年 5 月第三次比特币区块奖励减半后创下的历史新高 0.73 美元。如果这种模式持续下去，DOGE 可能会在 2025 年 4 月达到新的峰值。

Increased Investor Interest

投资者兴趣增加

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.

狗狗币的未平仓合约 (OI) 已达到 7 月份的最高水平，过去四天上涨 19% 至 6.4719 亿美元。来自 CoinGlass 的数据表明投资者对 DOGE 的兴趣大幅上升。

Market Sentiment Shift

市场情绪转变

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.

价格上涨和持仓增加与市场情绪的转变同时发生。加密货币恐惧和贪婪指数显示，情绪在短短一周内从“极度恐惧”（33）上升到“贪婪”（74）。