【Is Dogecoin Going Crazy? Bulls Start to Hold On!】

Yesterday, Dogecoin (#DOGE ) suddenly surged, rising over 4% intraday, peaking at $0.206, completely wiping away the frustration of dropping to $0.19 over the weekend, and giving the market a strong boost!

Interestingly, according to Coinglass data: the open interest in Dogecoin contracts surged by 2.63%, breaking through $3.01 billion! However, at the same time, futures trading volume actually decreased by 8.9%.

What does this mean? To put it simply: people in the market are not frantically buying and selling, but choosing to say, “I’ll hold my long position and you come at me!” — a typical display of steadfast bullish belief!

In simple terms, everyone is neither cutting losses nor switching positions, indicating that they have a lot of confidence in Dogecoin's future. This operation is: better to remain passive and wait for Dogecoin to soar! Isn’t that a bit intense? Stay tuned to see if the dog can break through the ceiling! #加密市场反弹