发布: 2024/07/09 21:04 阅读: 547
Dogecoin Derivatives Market Suffers Decline in Open Interest
狗狗币衍生品市场未平仓合约下降
Dogecoin (DOGE) has witnessed a steady decline in its price over the past few weeks, significantly impacting its derivatives market. As of recent data, the Dogecoin (DOGE) Open Interest has plummeted to its lowest level since the beginning of the year, currently standing at $2.51 billion. This sharp drop contrasts starkly with the over $10 billion seen just a month ago.
过去几周,狗狗币(DOGE)的价格稳步下跌,对其衍生品市场产生了重大影响。截至最新数据,狗狗币(DOGE)未平仓合约已跌至年初以来的最低水平,目前为 25.1 亿美元。这一急剧下降与一个月前超过 100 亿美元的下降形成鲜明对比。
Key Points
关键点
Decline in Open Interest
狗狗币衍生品市场在未平仓量下降中陷入困境价格下降影响衍生品交易DOGE价格预测:不确定性中的一线希望在未知领域探索狗狗币(DOGE)未平仓合约未平仓合约的未来前景狗狗币(DOGE)未平仓合约下降
Open interest serves as a vital metric in the derivatives market, representing the total number of outstanding options or futures contracts that remain unsettled or unclosed. A rise in open interest typically signifies growing market activity and interest as more contracts are created. Conversely, a decline in open interest indicates that existing contracts are being closed out without new ones being initiated, reflecting a waning market interest.
未平仓合约是衍生品市场的一个重要指标,代表尚未结算或未平仓的未平仓期权或期货合约的总数。未平仓合约的增加通常意味着随着更多合约的创建,市场活动和兴趣不断增长。相反,未平仓合约的下降表明现有合约正在被平仓,而没有启动新合约,反映出市场兴趣减弱。
Dogecoin's open interest began its downward trend on June 8, dropping by a staggering 80% since then. This significant decrease closely aligns with the coin's steady depreciation in value, which has fallen by 30% in the past month alone. Currently, Dogecoin, ranked ninth by market capitalization, is trading at $0.10.
狗狗币的未平仓合约从 6 月 8 日开始呈下降趋势,自那时起下降了 80%。这一显着下降与代币价值的稳步贬值密切相关,仅在过去一个月,代币价值就下跌了 30%。目前,狗狗币按市值排名第九,交易价格为 0.10 美元。
Ripple Effect on Derivatives Trading
衍生品交易的涟漪效应
The protracted downturn in DOGE's value has prompted many futures traders to take short positions. According to reports, on July 6, the coin's funding rate registered a negative figure of -0.026%. Funding rates in perpetual futures contracts ensure that the contract price closely mirrors the spot price. A negative funding rate indicates a predominance of short positions, suggesting that more traders anticipate further declines in DOGE's price.
DOGE 价值的长期下跌促使许多期货交易者建立空头头寸。据报道,7月6日,该币的资金费率出现负数-0.026%。永续期货合约的资金费率确保合约价格密切反映现货价格。负资金费率表明空头头寸占主导地位,表明更多交易者预计 DOGE 价格将进一步下跌。
DOGE Price Prediction
DOGE价格预测
Despite the overall decline in DOGE's market value, its Chaikin Money Flow (CMF) has managed to maintain an upward trend. Currently standing above the zero line at 0.03, the CMF continues to ascend. This metric gauges the flow of capital into and out of an asset. A scenario where an asset's price falls while its CMF rises indicates bullish divergence, suggesting robust buying activity despite the price slump. This divergence suggests that buyers are accumulating DOGE at lower price points, potentially alleviating selling pressures. If this surge in buying momentum persists, DOGE's price could potentially rebound to $0.11. However, if the divergence proves misleading and selling pressures remain, DOGE may see its price plummet to $0.08.
尽管DOGE市值整体下跌,但其Chaikin Money Flow(CMF)仍保持上升趋势。目前 CMF 位于 0.03 的零线上方,继续上升。该指标衡量资产流入和流出的资本流量。资产价格下跌而 CMF 上升的情况表明看涨背离,表明尽管价格暴跌,但购买活动依然强劲。这种差异表明买家正在以较低的价格积累 DOGE,这可能会减轻抛售压力。如果这种购买势头持续下去,DOGE 的价格可能会反弹至 0.11 美元。然而,如果这种差异被证明具有误导性并且抛售压力仍然存在,DOGE 的价格可能会暴跌至 0.08 美元。
Navigating Uncertain Waters
航行于不确定的水域
The current landscape for Dogecoin presents a mosaic of conflicting signals. While the sharp declines in price and open interest highlight a diminishing market interest, the positive trajectory of DOGE's Chaikin Money Flow (CMF) provides a ray of hope for potential recovery. Analysts cautiously suggest that sustained buying activity could stabilize DOGE's price and possibly trigger an upward movement.
狗狗币当前的格局呈现出一系列相互矛盾的信号。虽然价格和未平仓合约的急剧下降凸显了市场兴趣的减弱,但 DOGE 的 Chaikin 资金流 (CMF) 的积极轨迹为潜在复苏带来了一线希望。分析师谨慎地表示,持续的购买活动可能会稳定 DOGE 的价格,并可能引发上涨。
Conversely, the prevalence of a negative funding rate and the abundance of short positions reflect a cautious sentiment among market participants. This cautiousness stems from the anticipation of further declines in DOGE's price, which could exert additional downward pressure in the coming weeks. If these bearish sentiments persist, DOGE may face challenges in re-establishing its footing in the competitive cryptocurrency landscape.
相反,负资金利率的普遍存在和空头头寸的大量存在反映了市场参与者的谨慎情绪。这种谨慎源于对 DOGE 价格进一步下跌的预期,这可能会在未来几周内施加额外的下行压力。如果这些看跌情绪持续存在,DOGE 可能会面临在竞争激烈的加密货币领域重新站稳脚跟的挑战。
Navigating these uncertain waters requires vigilance and strategic foresight from investors and traders alike. As market dynamics continue to evolve, stakeholders will closely monitor indicators such as open interest, funding rates, and CMF trends to assess DOGE's resilience and potential for recovery.
在这些不确定的水域中航行需要投资者和交易者保持警惕和战略远见。随着市场动态的不断发展,利益相关者将密切监控未平仓合约、融资利率和 CMF 趋势等指标,以评估 DOGE 的弹性和复苏潜力。
Future of Dogecoin Open Interest
狗狗币未平仓合约的未来
Dogecoin's future trajectory remains complex and unpredictable, influenced by a delicate balance of market forces and investor sentiment. While the current downturn in price and open interest poses challenges, the underlying resilience reflected in its CMF trend signals a potential turnaround opportunity. Whether DOGE can sustain a price above $0.10 and overcome the prevailing market uncertainties depends on its ability to harness buying momentum and mitigate bearish pressures. Stakeholders must adapt to seize opportunities and minimize risks in the constantly evolving cryptocurrency landscape. Dogecoin's future hinges on navigating these challenges to establish a sustainable position amidst market fluctuations.
狗狗币的未来轨迹仍然复杂且不可预测,受到市场力量和投资者情绪之间微妙平衡的影响。虽然当前价格和未平仓合约的低迷带来了挑战,但其 CMF 趋势所反映的潜在弹性预示着潜在的扭转机会。 DOGE 能否维持 0.10 美元以上的价格并克服当前市场的不确定性取决于其利用购买动力和缓解看跌压力的能力。利益相关者必须适应不断变化的加密货币环境,抓住机遇并最大限度地降低风险。狗狗币的未来取决于应对这些挑战,在市场波动中建立可持续的地位。