Dogecoin [DOGE] has declined by 16.23% over the past week, marking a significant drawdown for investors.

在過去的一周中，Dogecoin [Doge]下降了16.23％，這標誌著投資者的大幅度下降。

However, analysis suggests that DOGE may resume a bullish move this week, as the asset is trending upward while both spot accumulation and derivative long bets are increasing simultaneously.

但是，分析表明，由於資產趨勢上升，而斑點積累和衍生性長下注均同時增加，因此Doge可能會在本週恢復看漲的舉動。

Low liquidity puts DOGE behind

低流動性將馬頭放在後面

CoinMarketCap’s 90-day performance index shows that among the leading memecoins by market capitalization, Dogecoin has attracted the least liquidity, despite holding a $28.6 billion market cap.

CoinMarketCap的90天性能指數表明，在市場資本化的領先紀念物中，Dogecoin儘管持有286億美元的市值，但仍吸引了流動性最少。

As of writing, DOGE has risen by 0.04% over the past ninety days. In contrast, FARTCOIN, with a $1.11 billion market cap, has surged by 368%.

截至寫作時，在過去的九十天中，總督增長了0.04％。相比之下，Fartcoin的市值為11億美元，飆升了368％。

Source: CoinMarketCap

資料來源：CoinMarketCap

Despite this less-than-stellar performance, market analysis indicates that DOGE could be gearing up for a rally.

儘管表現不佳，但市場分析表明，Doge可能正在為集會做準備。

On the daily timeframe, Dogecoin has traded into a critical level—an ascending support line.

在每日時間範圍內，Dogecoin已將其交易成一個關鍵的水平，這是一個上升的支持線。

This zone could act as a catalyst for a major price move, with a target set at $0.25, which represents a 33% rally from the current price level.

該區域可以作為主要價格轉移的催化劑，目標是0.25美元，這是當前價格水平的33％集會。

Source: TradingView

資料來源：TradingView

But if the token fails to build enough momentum, the price could reverse and retest the origin of the ascending pattern, which is around $0.14.

但是，如果代幣無法建立足夠的動力，價格可能會扭轉並重新測試上升模式的起源，約為0.14美元。

Retail traders are taking sides

零售交易員正在支持

Retail traders have begun taking positions in the derivatives market, with a noticeable uptick in long bets.

零售交易者已經開始在衍生品市場中擔任職務，長期下注著明顯上升。

At press time, the Long/Short Ratio stood at 1.01, signaling a tilt toward bullish sentiment. A ratio above 1 implies higher buying volume than selling volume, which strengthens the case for a rally.

發稿時，長/短比為1.01，表明對看漲情緒的傾向。高於1的比率意味著比出售量更高，這加強了集會的情況。

Source: CoinGlass

資料來源：小店

A close examination of Open Interest (OI) in both options and futures contracts shows a steady rise. OI represents the total value of unsettled derivative contracts within a specific period.

對期權和期貨合約中的開放興趣（OI）的仔細檢查表明，穩定上升。 OI代表特定時期內未解決的衍生合同的總價值。

At the time of writing, OI in the Futures market has reached $2.06 billion, while the options market stands at $347,000. Sustained growth in OI alongside increasing buy volume suggests that DOGE may continue climbing.

在撰寫本文時，期貨市場的OI已達到20.6億美元，而期權市場為347,000美元。隨著購買量的增加，OI的持續增長表明，Doge可能會繼續攀登。

DOGE could see more inflows

多吉可以看到更多的流入

In the past 24 hours, DOGE has seen notable inflows, with $4.77 million worth of tokens moved into private wallets by spot traders.

在過去的24小時內，Doge看到了顯著的流入，由現貨交易員搬進了價值477萬美元的代幣進入私人錢包。

Source: CoinGlass

資料來源：小店

When a large amount of tokens moves off exchanges and into private wallets, it usually indicates accumulation in anticipation of a long-term rally.

當大量令牌轉移到私人錢包中時，通常表明在預期長期集會時積累。

This also implies that the tokens are less likely to return to the market for sale. If such inflows continue, DOGE could trend toward the $0.25 target as mentioned above.

這也意味著令牌不太可能返回市場出售。如果繼續這樣的流入，Doge可能會趨向於上述0.25美元的目標。