Dogecoin traders are showing a lot of interest in futures contracts, even though the coin’s price has dipped a bit. That split between price moves and betting activity is drawing attention.

Dogecoin交易员对期货合约表现出了很大的兴趣，即使硬币的价格有所下跌。价格移动和投注活动之间的分裂正在引起人们的注意。

Futures Interest Climbs Despite Pullback

未来的兴趣攀升了

According to on‑chain data provider Glassnode, open interest in Dogecoin futures jumped from almost $990 million to $1.62 billion this week. That rise came after the price slid back from near $0.25 into the $0.22–$0.23 zone.

根据链链数据提供商GlassNode的数据，对Dogecoin Futures的开放兴趣从本周的9.9亿美元跃升至16.2亿美元。价格上涨是在价格从$ 0.25降至0.22– $ 0.23的区域之后。

It’s a sign that traders are still placing big bets, even as momentum cools. Back in mid‑February, open interest fell below $900 million by April, as Dogecoin headed down from its brief rally above $0.23. This week’s surge breaks that past trend.

这是一个迹象表明，即使动量凉爽，交易者仍在下注。早在2月中旬，到4月中旬，开放式利息下降到9亿美元以下，Dogecoin从其简短的集会下降到0.23美元以上。本周的临时潮流破裂了过去的趋势。

Price Rally And Minor Setback

价格集会和小挫折

Based on reports, Dogecoin climbed from roughly $0.16 on May 6 to just over $0.24 by May 11. That’s a sharp gain in just a few days. Then the price eased back into the $0.22–$0.23 range. Traders saw higher highs and higher lows overall. They’ve held onto the belief that the upward trend is still intact.

根据报告，Dogecoin的5月6日攀升至5月11日至5月11日的0.24美元。这是几天内的巨大增长。然后，价格恢复到了0.22-0.23美元的范围。交易者总体上看到了更高的高点和更高的低点。他们坚信上升趋势仍然完好无损。

Bullish Funding Rate Signals

看涨资金率信号

Funding rates have stayed in positive territory, which shows futures traders are mostly long. Data from Coinglass on May 13, 2025, puts rates at 0.0100% on BitMEX, HTX, Gate.io and Bitget. Binance and OKX are a bit lower, at 0.0036% and 0.0034%. Those numbers mean long holders pay short sellers a small fee. That setup can boost a rally. But if the price drops, it can turn costly for those same traders. Support Level Under Watch

资金率一直保持在积极的领土上，这表明期货交易者大部分时间很长。来自2025年5月13日的Coinglass的数据将BITMEX，HTX，GATE.IO和BITGET的速率定为0.0100％。 Binance和OKX略低一些，为0.0036％和0.0034％。这些数字意味着长持有人向短卖方支付了少量费用。该设置可以增加集会。但是，如果价格下跌，那些交易者的价格可能会昂贵。监视下的支持水平

Market analyst Rekt Capital pointed out that Dogecoin closed above its old pre‑halving resistance on the weekly chart. That level now sits near $0.22 and is acting as support. If DOGE holds that spot, the coin might head toward at least $0.27 next. A failure to stay above $0.22 could shake out some of the most stretched positions.

市场分析师Rekt Capital指出，Dogecoin在每周图表上关闭了其旧的预击阻力。该水平现在位于$ 0.22，并充当支持。如果Doge拥有该位置，那么硬币可能会朝着至少$ 0.27前进。无法停留在0.22美元以上的情况下，可能会摆脱一些最伸展的位置。

Overall, the mix of rising futures activity and a soft pullback makes for a tense scene. On one hand, there’s still a strong bullish bias. On the other, too much one‑sided positioning can invite a shakeout.

总体而言，上升的期货活动和柔和的回调的结合使场景变得紧张。一方面，仍然存在强烈的看涨偏见。另一方面，过多的单方面定位会引起震动。

Traders will be watching weekly closes around $0.22 to see if support holds. If it does, a run at $0.27 could happen. If it doesn’t, shorts may gain the upper hand and push prices lower. Either way, volatility is likely to stay high as Dogecoin’s roller‑coaster ride continues.

贸易商将每周关闭$ 0.22，以查看支持是否持有。如果确实如此，则可能会以0.27美元的价格运行。如果没有，短裤可能会占上风，并将价格推高。无论哪种方式，随着Dogecoin的过山车骑行继续进行，波动率都可能保持较高。

Featured image from Gemini Imagen, chart from TradingView

Gemini Imagen的特色图像，TradingView的图表