Dogecoin (CRYPTO: DOGE) prices have recently entered a consolidation phase after a surge in market activity this month.

Dogecoin（加密：Doge）价格最近在本月市场活动激增后进入了合并阶段。

This consolidation comes after President Trump paused tariffs on respective countries on April 9, which influenced a rally in the meme-inspired crypto.

在4月9日对各个国家暂停关税后，这种合并发生了，这影响了模因启发的加密货币。

Dogecoin began the month with some price fluctuations as it moved through the $0.14 area. By April 13, the price rose to peak at $0.168.

Dogecoin开始了本月，当时价格有所波动，当时它可以通过0.14美元的区域转移。到4月13日，价格上涨至$ 0.168。

However, since then, the price entered a consolidation phase and began retreating.

但是，从那时起，价格进入了合并阶段并开始退缩。

On Monday morning, the price was trading down 3.33% in the past 24 hours at $0.1541. Despite the recent correction, the price is still trading up 7.43% over the past seven days.

周一早上，过去24小时的价格下跌了3.33％，价格为0.1541美元。尽管最近进行了更正，但在过去的七天中，价格仍在上涨7.43％。

Most Binance Traders Are Long on Dogecoin

大多数Binance交易者长期以来狗狗币

In the midst of the recent correction, data from Coinglass showed that the majority of Binance traders were holding long positions on Dogecoin.

在最近的校正之中，Coinglass的数据表明，大多数二元交易者都在Dogecoin上保持较长的位置。

Specifically, 74.4% of accounts had long and 25.6% had short positions on the cryptocurrency in a four-hour window.

具体来说，有74.4％的帐户长期存在，而25.6％的帐户在四小时的窗口中的加密货币上的头寸很短。

The long-to-short account ratio was 2.91, which signals a substantial bullish bias.

远程帐户比率为2.91，这标志着极大的看涨偏见。

The sharp increase in long positions starting on April 12 also highlighted a shift in sentiment as traders were baking for continued upward momentum despite the struggling price.

从4月12日开始，长位置的急剧增长也强调了情绪的转变，尽管价格艰难，但贸易商仍在继续向上势头烘烤。

The OI-weighted funding rate had also remained positive since April 7, which showed that long traders were paying a premium to maintain their positions.

自4月7日以来，OI加权的筹资率也一直保持阳性，这表明长期交易者正在支付溢价以维持其职位。

This indicated that there were more buyers than sellers in the market recently and that the traders were actively driving the price upward.

这表明最近市场上的买卖双方更多，而交易者正在积极推动价格上涨。

Dogecoin Long-Term Holders Increase

多霉素长期持有人增加

Meanwhile, long-term holders remained dominant in the Dogecoin market, which supported the bullish narrative.

同时，长期持有人在Dogecoin市场中仍然占主导地位，后者支持看涨的叙述。

According to data from IntoTheBlock, hodlers, or addresses that had held DOGE for over one year, increased by 0.13%. In contrast, cruisers, or holders between one month and one year, decreased by 2.54%.

根据来自Intotheblock，Hodlers的数据，或者持有Doge一年多的地址，增长了0.13％。相比之下，巡洋舰或一个月至一年之间的持有人下降了2.54％。

However, traders who had held for less than one month surged by 109.96%, revealing renewed short-term interest in the cryptocurrency.

但是，持有不到一个月的交易者飙升了109.96％，显示加密货币的短期利息更新了。

Dogecoin Price Action: Chart By TradingView

Dogecoin价格动作：图表by TradingView

Further positive insight came from FuaCompany, a TradingView account that charted Dogecoin’s movement within a rising channel on a monthly timeframe. This analysis identified two key price behavior scenarios.

进一步的积极见解来自Fuacompany，Fuacompany是一个交易景观帐户，该帐户在每月的时间范围内绘制了Dogecoin在上升频道中的运动。该分析确定了两个关键的价格行为方案。

In the first, Dogecoin may rebound from the lower boundary of the channel and continue to form higher highs. Historically, the asset rebounded from $0.05 before rallying toward the upper boundary, showcasing the channel’s potential to support upward moves.

首先，Dogecoin可能会从通道的下边界反弹，并继续形成更高的高点。从历史上看，资产从$ 0.05反弹，然后向上边界集会，展示了该频道支持向上移动的潜力。

However, in the second scenario, the price could briefly fall below the channel’s lower bound, reaching levels near $0.08 before initiating recovery. Both scenarios, however, highlight a longer-term projection that suggests the price could eventually approach $0.70.

但是，在第二种情况下，价格可能会短暂地低于该频道的下限，在启动恢复之前达到$ 0.08的水平。但是，这两种情况都突出了一个长期的预测，表明价格最终可能接近0.70美元。

See More: Top 10 Cryptocurrencies To Watch This Week: Bitcoin, Shiba Inu, Dogecoin And Chainlink

查看更多：本周要观看的十大加密货币：比特币，什巴INU，Dogecoin和Chainlink

This article has been written for informational purposes only and does not constitute investment advice. All investment decisions must be made by individual readers, taking into account their own individual circumstances and consulting with qualified financial advisors. The content and data provided in this article are based on the best available information at the time of writing and may change over time. Realized returns on any cryptocurrency investment may vary and past performance is not necessarily indicative of future results.

本文仅出于信息目的而撰写，不构成投资建议。所有投资决定必须由个人读者做出，并考虑自己的个人情况并与合格的财务顾问进行咨询。本文提供的内容和数据基于写作时的最佳可用信息，并且可能会随着时间而变化。实现的任何加密货币投资的回报可能会有所不同，过去的绩效不一定表明未来的结果。

Photo by Etienne Delar on Unsplash

图片由Etienne Delar在Unsplash上