
Dogecoin (DOGE) has formed an atypical pattern that has analysts looking twice. Despite the meme coin’s price cooling from the highs, futures activity for the asset is heating up significantly, according to a recent update from blockchain analytics company Glassnode.
Dogecoin(Doge)形成了一種非典型模式,其分析師看起來兩次。儘管Blockchain Analytics Company Company Company Company ClassNode最近的最新消息稱,儘管Mem Coin的價格冷卻了High,但資產的期貨活動仍大大升溫。
More dramatically, the sum of money invested in DOGE futures contracts, a metric commonly called Open Interest, has risen by almost 64% in just the last week. Open Interest climbed from $989 million to $1.62 billion, indicating strong speculation as price endured some downside.
更重要的是,在上週,投資於Doge Futures合同的資金總數(通常稱為開放利息)增長了近64%。開放利息從9.89億美元攀升至16.2億美元,表明,由於價格持續了一些不利之處。
Strong Engagement Suggests Traders are Optimistic to Keep Buying
強大的參與表明交易者對繼續購買很樂觀
This type of split between price action and futures activity is what’s called a decoupling. It’s another way of saying that even though the spot price of Dogecoin has pulled back, traders interested in betting on the coin’s future movements are piling in quicker and quicker.
價格動作和期貨活動之間的這種類型是所謂的退步。這是另一種說法,即使Dogecoin的現貨價格退縮了,有興趣押注硬幣的未來動作的交易者越來越快地堆積。
That’s simply an indication that a large number of traders remain very active — either betting on a return to higher prices or simply speculating on short-term moves.
這僅僅表明大量交易者仍然非常活躍 - 要么下注較高的價格,要么只是猜測短期搬遷。
Glassnode refers to such a setup as one that shows “persistent speculative positioning”, that is, people with positions that can only prosper in a future price change are taking large positions even if the momentum at the current moment lags.
GlassNode將這樣的設置稱為顯示“持續投機定位”的設置,也就是說,即使在當前時刻的勢頭落後,具有職位的人只能在未來的價格變化中繁榮發展。
The chart that has been published by Glassnode further describes this point. It demonstrates the two important tendencies in the last three months: DOGE’s price (black) and the Open Interest (gold). From the middle of February to early May, Dogecoin’s price also exhibited several fluctuations where it had risen and fallen several times, with a clear pullback from a recent high.
GlassNode已發布的圖表進一步描述了這一點。它證明了過去三個月中的兩個重要趨勢:總督的價格(黑色)和開放興趣(黃金)。從2月中旬到5月初,Dogecoin的價格還表現出了幾次波動,在這些波動中已經上升並跌倒了好幾次,最近的高點會明顯回調。
Source: X @Glassnode
來源:x @GlassNode
In the meantime, Open Interest which had been relatively stable with some sort of slumps, continued to rise sharply in early May. It reached its highest point in mid-May of this year, exceeding $1.6 billion.
同時,在五月初,與某種蕭條相對穩定的開放興趣繼續急劇上升。它在今年5月中旬達到了最高點,超過16億美元。
The other thing that makes this development quite remarkable is the fact that Open Interest was skyrocketing even after DOGE’s price stopped increasing as rapidly, implying that trading on the coin is still extremely active, and traders may be anticipating a rally or heavily protecting against a fall – or both.
使這一發展非常出色的另一件事是,即使Doge的價格停止上漲,開放的興趣也飆升,這意味著硬幣上的交易仍然非常活躍,交易者可能會預料到集會或重大保護因跌倒或兩者兼而有之。
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