Coinglass數據顯示，Dogecoin（Doge）交易者已向加密貨幣的衍生品市場投入了超過19.6億美元

儘管過去24小時內記錄了19.6億美元的這一數字，但這比前一天下降了4.47％，遠低於2024年11月/12月的平均水平超過30億美元。

Crypto traders committed over $1.96 billion to Dogecoin (DOGE) derivatives markets on Wednesday, suggesting strong speculative activity around the dog-themed cryptocurrency, according to CoinGlass data.

根據Coinglass的數據，加密貨幣交易員周三向Dogecoin（Doge）衍生品市場承諾了超過19.6億美元的貿易商，這表明以狗為主題的加密貨幣進行了強有力的投機活動。

Open interest represents the total value of outstanding derivatives contracts, such as futures and options, that have not yet been settled.

開放利息代表尚未解決的未償還衍生品合同的總價值，例如期貨和期權。

Despite this figure of $1.96 billion recorded in the last 24 hours, this represents a 4.47% drop from the previous day and is well below the November/December 2024 average of over $3 billion.

儘管過去24小時內記錄了19.6億美元的這一數字，但這比前一天下降了4.47％，遠低於2024年11月/12月的平均水平超過30億美元。

At the time of writing, Dogecoin was down 1.52% in the last 24 hours to $0.194, reversing a five-day streak of advances since March 22. The dog-coin has risen 13% in the last seven days.

在撰寫本文時，Dogecoin在過去24小時內下跌了1.52％，至0.194美元，自3月22日以來扭轉了五天的預付款。狗co在過去的7天內上升了13％。

In a recent tweet, Glassnode noted that Dogecoin's rise earlier this week appeared to be spot-driven rather than fueled by leveraged speculation. This is as the seven-day SMA of futures volume rose from the bottom but remains close to October 2024 levels.

Glassnode在最近的一條推文中指出，本週早些時候，Dogecoin的崛起似乎是斑點驅動的，而不是槓桿猜測的助長。這是因為7天的期貨量從底部增加了，但仍將接近2024年10月的水平。

(Image: Glassnode, Twitter)

（圖片：玻璃節，Twitter）

DOGE funding rates also declined at the start of the week, approaching neutral levels. This is added to the fact that the recent Dogecoin price increase might not have been driven by excessive long positioning but rather by spot-led trading.

Doge的資金率在本週開始時也下降，接近中立水平。這是一個事實，即最近的狗果價格上漲可能不是由過度長時間的定位驅動的，而是由積極主導的交易所驅動的。

Dogecoin's key price levels revealed

Dogecoin的關鍵價格水平顯示

Glassnode's URPD shows that 7% of the DOGE supply is concentrated at $0.20 - the third-largest cluster after $0.17 and $0.07. This level saw big inflows around Jan. 22, but wallets likely bought earlier, raising their cost basis. In this light, Glassnode identifies $0.20 as a critical level for Dogecoin, which may act as resistance in the near term.

GlassNode的URPD表明，總督供應量的7％集中在0.20美元中，這是以0.17美元和0.07美元的限制的第三大集群。該水平在1月22日左右看到了大量流入，但錢包可能更早購買，增加了成本的基礎。在這種情況下，GlassNode將$ 0.20識別為Dogecoin的關鍵水平，這在短期內可能是阻力。

If $0.20 is breached, there is little Dogecoin supply until $0.31 - the next major URPD cluster. This gap increases the likelihood of a sharp leg, as there is little resistance in between. In this situation, breakout momentum would be actively observed if volume increased, with a focus on $0.20 and eventually $0.31.

如果違反了0.20美元的損失，則很少有狗狗幣的供應，直到0.31美元 - 下一個主要的URPD集群。由於幾乎沒有阻力，因此這一差距增加了尖銳的腿的可能性。在這種情況下，如果體積增加，將積極觀察到突破勢頭，重點是0.20美元，最終$ 0.31。

Glassnode also noted that 15% of the DOGE supply was last moved 6-12 months ago. These are holders who bought before the November/December rally - and they are still holding. That is a strong signal of conviction.

GlassNode還指出，15％的門廊供應量是6-12個月前的最後移動。這些是在11月/12月集會之前購買的持有者 - 他們仍在舉行。那是信念的強烈信號。

Since early March, the 3-6 million HODL Wave has started to swell. This suggests many bought during the January bounce from $0.32 to $0.41. If the Dogecoin price returns to these levels, some may look to exit at break-even, creating possible resistance ahead for DOGE.

自3月初以來，霍德（Hodl）的3-600萬波浪開始膨脹。這表明許多人在1月反彈期間從0.32美元到0.41美元中購買。如果Dogecoin的價格恢復到這些水平，則有些人可能會退出分手，從而為Doge帶來了可能的阻力。