狗狗（Doge）的價格在反复集會後無法達到ATH

在反复集會和隨後的擊敗之後，Dogecoin的價格未能達到其歷史最高峰值。

The cryptocurrency market has seen better days. After a strong rally earlier in the year, crypto prices have pulled back amid macroeconomic headwinds and a pause in U.S. interest-rate cuts.

加密貨幣市場已經過了更好的日子。在今年早些時候舉行了強烈的集會之後，加密價格在宏觀經濟的逆風和美國利率削減局勢停止的情況下退縮了。

As a result, the Dogecoin price has also failed to reach its all-time high peaks after repeated rallies and subsequent beat downs. So far, it has been a dance between testing major resistance levels, and bulls trying to hold support as sell-offs mount. During this time, there has been a lot of fluctuations in the volume of the meme coin. Using historical performance, the Dogecoin trading volume could give a hint for where the price could be headed next.

結果，在反复的集會和隨後的擊敗後，狗狗價格也未能達到其歷史最高峰值。到目前為止，這是測試主要阻力水平的舞蹈，而公牛試圖保留拋售山的支持。在此期間，模因硬幣的體積有很多波動。使用歷史表現，Dogecoin交易量可以提示下一步可能會出現的價格。

DOGE Trading Volume Still Trending Low

Doge交易量仍趨向低

The Dogecoin trading volume has been trending low as the Dogecoin price has retraced over the last few months. This has culminated in a fluctuating market as investors remain very cautious when it comes to the market and meme coins like DOGE have suffered as a result.

Dogecoin交易量一直在趨勢較低，因為在過去的幾個月中，Dogecoin的價格已回顧。由於投資者在市場上仍然非常謹慎，因此這在一個波動的市場中達到了頂峰，因此像Doge這樣的模因硬幣遭受了損失。

According to data from the Coinglass website, the Dogecoin derivatives trading volume has not been able to even hit half of where it was back in November 2024 when the market was pumping. If anything, the decline has been consistent, with spikes here and there as the Dogecoin price fluctuated.

根據Coinglass網站的數據，Dogecoin衍生品交易量甚至無法擊中2024年11月在市場抽水時的一半。如果有的話，下降一直保持一致，隨著狗狗的價格波動，到處都有峰值。

As of May 19, the total DOGE derivatives trading volume was sitting at a mere $6 billion. Compared to the $60.11 billion peak that was recorded back in November 2024, the derivatives volume is down my around 90% since then.

截至5月19日，Doge衍生品交易量僅為60億美元。與2024年11月記錄的601億美元高峰相比，自那時以來，衍生品量下降了約90％。

There was a small spike in the volume to above $10 billion back on May 13 as DOGE bulls had pushed for higher prices. However, this was short-lived as another round of sell-offs has sent the price spiraling again, pushing the trading volume back down in response.

5月13日，由於公牛隊以更高的價格推動，該數量的少量高達100億美元以上。但是，這是短暫的，因為另一輪拋售再次使價格再次穩定，從而將交易量推遲了起來。

What This Could Mean For The Dogecoin Price

這對Dogecoin價格可能意味著什麼

Historically, the increase in the derivatives trading volume have often coincided with the rise in the token’s price. This is visible throughout the years, and quite prominent in 2021, when the meme coin recorded its current all-time high above $0.7.

從歷史上看，衍生品交易量的增加通常與令牌價格的上漲相吻合。這些年來，這是可見的，在2021年，當Meme Coin記錄其目前的歷史高度高於0.7美元時。

Currently, with the derivatives volume still trending low, it could translate to lower levels for the Dogecoin price. Mostly, crypto traders are skewed toward shorting when it comes to betting on the Dogecoin price, leading to the suppression. For this to change, there would have to be a definite change in the Dogecoin trading volume, akin to what was seen back in November 2024.

目前，由於衍生工具量仍呈趨勢較低，因此對於Dogecoin的價格，它可能會轉化為較低的水平。大多數情況下，加密貨幣交易者在投注Dogecoin價格時會傾向於短路，從而導致壓制。為了改變這種變化，必須改變Dogecoin交易量，類似於2024年11月所看到的。

If the volume is able to at least get back above $30 billion, then it is possible for the Dogecoin price to break toward $0.5. However, a break above the $0.7 all-time high would require even much larger figures. Despite the volume beating the 2021 peak of $24.82 billion, the Dogecoin price still did not cross $0.5. This suggests much higher buying pressures than 2021 are required to send the Dogecoin price above $0.7 once more.

如果該數量至少能夠恢復300億美元以上，那麼Dogecoin價格可能會突破0.5美元。但是，超過$ 0.7的歷史最高水平將需要更大的數字。儘管數量超過了2021年的248.2億美元的峰值，但Dogecoin的價格仍未超過0.5美元。這表明，與2021年的購買壓力要高得多，才能再次將Dogecoin價格再次超過0.7美元。