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

尽管在主动地址上猛烈猛烈地兴起，但狗果价格仍然停滞不前，而交易员则堆放了3比1的binance赌注。

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.

发生了什么：在五月的每年新高度的新高点进行了简短的集会之后，Dogecoin的价格停滞不前。发稿时，Doge的交易价格为0.22美元，今年的交易仍然超过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的长/短比率从5月初的2.0左右稳步上升到3.0以上，而交易者押注硬币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月下旬以来，代表长位置的绿色酒吧一直统治着图表。

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.

这种偏斜通常表明投机兴趣不断增加，但也增加了拥挤的贸易风险。如果价格无法遵循，这些长期繁重的位置可能会迅速放松并触发锐利的校正。

Also Read: Pro Traders Are Flocking To This Dogecoin Derivative

另请阅读：专业交易者正在涌向这个狗狗派衍生物

Active addresses have spiked nearly 15x

主动地址飙升了近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.

同时，根据Santiment数据，每天的活动地址在5月14日的平均大约45,000至680,000次。这是不到三天的15倍激增。

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

这通常显示出更高的用户兴趣或大规模分销事件。

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

尽管这种尖峰通常是在价格突破之前的，但它们也可能是由短期炒作或自动钱包搅动的驱动。

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

这种上升是否转化为持久的价格行动还有待观察。

What's next for DOGE price

下一步的价格

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

在达到0.24美元高于$ 0.24的本地高处后，Dogecoin已将连续四支红色蜡烛拉回到0.22美元左右。

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

61岁的RSI高于中立，但与最近的高点相比，显示出了看涨的动力。

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价格现在正在超过20天SMA的交易，这表明结构支持。但是，上布林带拒绝表明阻力是坚定的。

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.

在购买压力恢复或外部催化剂出现之前，Doge可能会继续巩固，违背看涨的链链指标。尽管如此，今年的加密货币已经在160％以上竞选了。