Dogecoin price has stalled despite a mammoth spike in active addresses and traders stacking 3-to-1 long bets on Binance.

儘管在主動地址上猛烈猛烈地興起，但狗果價格仍然停滯不前，而交易員則堆放了3比1的binance賭注。

What happened: After a brief rally to a new yearly high of $0.28 in May, Dogecoin price has stalled and pulled back. At press time, DOGE was trading at $0.22, still up over 160% for the year.

發生了什麼：在五月的每年新高度的新高點進行了簡短的集會之後，Dogecoin的價格停滯不前。發稿時，Doge的交易價格為0.22美元，今年的交易仍然超過160％。

The Long/Short Ratio on Binance for DOGE steadily climbed from around 2.0 in early May to over 3.0, with three times as many traders betting on the coin to rise than fall.

Doge的長/短比率從5月初的2.0左右穩步上升到3.0以上，而交易者押注硬幣的三倍是跌倒的三倍。

The green bars, representing long positions, have consistently dominated the chart since late April.

自4月下旬以來，代表長位置的綠色酒吧一直統治著圖表。

This kind of skew often suggests rising speculative interest, but it also raises the risk of a crowded trade. If price fails to follow through, these long-heavy positions could quickly unwind and trigger sharp corrections.

這種偏斜通常表明投機興趣不斷增加，但也增加了擁擠的貿易風險。如果價格無法遵循，這些長期繁重的位置可能會迅速放鬆並觸發銳利的校正。

Also Read: Pro Traders Are Flocking To This Dogecoin Derivative

另請閱讀：專業交易者正在湧向這個狗狗派衍生物

Active addresses have spiked nearly 15x

主動地址飆升了近15倍

Meanwhile, daily active addresses soared from an average of around 45,000 to over 680,000 on the 14th of May, according to Santiment data. This is a 15x surge in less than three days.

同時，根據Santiment數據，每天的活動地址在5月14日的平均大約45,000至680,000次。這是不到三天的15倍激增。

This typically shows heightened user interest or large-scale distribution events.

這通常顯示出更高的用戶興趣或大規模分銷事件。

While such spikes often precede price breakouts, they could also be driven by short-term hype or automated wallet churn.

儘管這種尖峰通常是在價格突破之前的，但它們也可能是由短期炒作或自動錢包攪動的驅動。

Whether this rise translates into lasting price action remains to be seen.

這種上升是否轉化為持久的價格行動還有待觀察。

What's next for DOGE price

下一步的價格

After hitting a local high above $0.24, Dogecoin has pulled back to around $0.22, posting four consecutive red candles.

在達到0.24美元高於$ 0.24的本地高處後，Dogecoin已將連續四支紅色蠟燭拉回到0.22美元左右。

The RSI at 61 was above neutral, but down from recent highs, showing waning bullish momentum.

61歲的RSI高於中立，但與最近的高點相比，顯示出了看漲的動力。

Dogecoin price is now trading above the 20-day SMA, suggesting structural support. However, the upper Bollinger Band rejection shows that resistance is firm.

Dogecoin價格現在正在超過20天SMA的交易，這表明結構支持。但是，上布林帶拒絕表明阻力是堅定的。

Until buying pressure resumes or external catalysts emerge, DOGE may continue to consolidate, defying bullish on-chain indicators. Nonetheless, the cryptocurrency has managed to rally over 160% this year.

在購買壓力恢復或外部催化劑出現之前，Doge可能會繼續鞏固，違背看漲的鍊鍊指標。儘管如此，今年的加密貨幣已經在160％以上競選了。