$DOGE

$DOGE Market Insight | Derivatives Surge Signals Bullish Continuation | By @NoriFtm - Binance Square Write to Earn

🚨 $670 Million Surge in DOGE Open Interest 🚨

Dogecoin’s recent price jump is now being strongly supported by a sharp rise in derivatives market activity—a key signal that momentum may not be fading anytime soon.

In just 24 hours, Open Interest in DOGE futures rose by 23.52%, adding $670 million, bringing the total to $2.76 billion. This growth in capital commitment outpaces the 15% spot price gain, showing traders are positioning aggressively for more upside.

Volume is also catching up, climbing 14.07% to $7.22 billion, suggesting deeper liquidity and better resilience against sudden volatility. The options market mirrors this bullish momentum:

Options volume up 26.96% to $410.4M

Open Interest in DOGE options surged 69.35% to $631.9K

This rise in options activity highlights rising speculative demand from experienced traders aiming to capture short-term moves.

Sentiment remains firmly bullish across exchanges.

Binance Long/Short Ratio: 2.308

OKX Long/Short Ratio: 2.49

Among top traders on Binance: Ratio exceeds 3.1, showing strong long-side conviction.

Conclusion:

The combined strength in futures, options, and trader positioning indicates that Dogecoin’s rally is backed by real market participation—not just hype. With liquidity and sentiment aligned, DOGE could see extended momentum if current trends hold.

— @NoriFtm | Binance Square Write to Earn

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