• Most traders are opting for for bullish bets despite the coin’s movement
• DOGE’s hike to $0.29 now stalled thanks to the market’s correction

AMBCrypto’s analysis of the market revealed that traders have been bullish on Dogecoin [DOGE], despite its recent struggles. Previously, DOGE looked like it was heading to $0.30. However, for some weeks, the price has been stuck between $0.18 and $0.22. At the time of writing, it was down to $0.17 after a 13% fall owing to Bitcoin losing over 5% of its value in the last 12 hours.

大多数交易者都选择看涨押注，尽管狗狗币的走势由于市场调整，DOGE 涨至 0.29 美元现已陷入停滞。AMBCrypto 对市场的分析显示，交易者一直看好狗狗币 [DOGE]，尽管它最近表现不佳。此前，DOGE 的走势似乎是 0.30 美元。然而，几周以来，价格一直徘徊在 0.18 美元至 0.22 美元之间。截至撰写本文时，由于比特币在过去 12 小时内损失了超过 5% 的价值，比特币价格下跌了 13%，跌至 0.17 美元。

However, information obtained from the Long/Short ratio revealed that traders were unfazed by the performance. In fact, according to Coinglass’ data, Dogecoin’s 24-hour Long/Short ratio was 1.02.

然而，从多空比率获得的信息显示，交易者并未对业绩表现感到担忧。事实上，根据 Coinglass 的数据，狗狗币的 24 小时多空比率为 1.02。

The Long/Short ratio is a significant metric used to check the sentiment of Futures traders. A reading below 1 shows the dominance of shorts. On the other hand, values above 1 indicate bullish sentiment and more long positions.

多空比率是用于检查期货交易者情绪的重要指标。低于 1 的读数显示了短裤的主导地位。另一方面，高于 1 的值表明看涨情绪和更多的多头头寸。

Source: Coinglass

来源：Coinglass

DOGE  is not ready yet

Alas, sentiment alone won’t take DOGE out of its tight-trading range. This was why AMBCrypto considered other indicators. Open Interest (OI) was one of the indicators we evaluated.

DOGE 还没有准备好，可惜的是，仅凭情绪并不能让 DOGE 脱离其紧张的交易区间。这就是 AMBCrypto 考虑其他指标的原因。未平仓合约（OI）是我们评估的指标之一。

OI monitors information about liquidity and interest in specific contracts in the market. This helps traders understand trends and potential movements. An increase in OI implies that market participants are increasing their net positions.

OI 监控市场上特定合约的流动性和利息信息。这有助于交易者了解趋势和潜在走势。 OI 的增加意味着市场参与者正在增加其净头寸。

In this case, buyers have been more aggressive than sellers. On the contrary, when the OI decreases, it is the other way around.

在这种情况下，买家比卖家更积极。相反，当OI降低时，则相反。

At press time, Dogecoin’s OI was $1.29 billion, despite the latest market correction. This is a sign that net positioning by traders has been fairly stable, despite the market’s volatility.

截至发稿时，尽管最近出现了市场调整，狗狗币的 OI 仍为 12.9 亿美元。这表明尽管市场波动，交易者的净头寸仍相当稳定。

Therefore, the effect on the price, outside of external elements, might be minimal. If the OI holds and the market steadies itself, DOGE can resume its uptrend again and maybe, attempt to climb past $020 and later, $0.25.

因此，除了外部因素之外，对价格的影响可能很小。如果 OI 保持不变并且市场稳定下来，DOGE 可以再次恢复其上升趋势，也许会尝试攀升至 020 美元以上，然后升至 0.25 美元。

Source: Coinglass

来源：Coinglass

On the other hand, a massive closure in net positions might invalidate this prediction, and DOGE might drop further on the charts.

另一方面，净头寸的大幅平仓可能会使这一预测失效，DOGE 可能会在图表上进一步下跌。

Calm before chaos?

From a technical point of view, the DOGE/USD chart revealed that the coin’s momentum had become weak, especially after the latest market-wide correction. In fact, the crypto’s Relative Strength Index (RSI) had fallen below midpoint at 0.50.

混乱前的平静？从技术角度来看，DOGE/USD 图表显示，该代币的动能已经变弱，尤其是在最近的全市场调整之后。事实上，加密货币的相对强弱指数 (RSI) 已跌破中点 0.50。

Similarly, the Parabolic SAR’s dotted markers switched position to above the price candles – A pretty bearish sign.

同样，抛物线转向指标的虚线标记将位置切换到价格蜡烛上方——这是一个相当看跌的信号。

Is your portfolio green? Check the Dogecoin Profit Calculator

您的投资组合是绿色的吗？检查狗狗币利润计算器

If the market stabilizes itself, DOGE has the potential to arrest its downtrend and break out from its consolidation phase. However, the altcoin is likely to continue trading within its existing price range over the next few days.

如果市场稳定下来，DOGE 有潜力阻止其下跌趋势并突破盘整阶段。然而，未来几天，山寨币可能会继续在现有价格范围内交易。

Bullish sentiment in the market and a surge in capital flow might trigger the hike. A tweet from Elon Musk might do the trick too.

市场看涨情绪和资本流动激增可能引发加息。埃隆·马斯克的一条推文也可能起到作用。

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