{"id":19628,"date":"2025-03-28T19:02:16","date_gmt":"2025-03-28T19:02:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19628"},"modified":"2025-03-28T19:02:16","modified_gmt":"2025-03-28T19:02:16","slug":"what-do-binance-traders-know-about-dogecoin-doge-that-you-dont","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19628","title":{"rendered":"What Do Binance Traders Know About Dogecoin (DOGE) That You Don\u2019t?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Around three-quarters of Binance Futures traders who have opened DOGE positions are expecting price gains in the near future.<\/li>\n<li>The overwhelming imbalance between long and short trades may signal a contrarian risk \u2013 when most bet up, the market might surprise with a move in the opposite direction.<\/li>\n<\/ul>\n<h2><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-389818\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/DOGE_CB-3-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/h2>\n<h2>Increased Optimism From Traders<\/h2>\n<p><span data-preserver-spaces=\"true\">Dogecoin (DOGE) witnessed an impressive surge in December last year, with its price exceeding $0.45. Since then, though, it has retreated by approximately 60% and currently trades at around $0.18. <\/span><span data-preserver-spaces=\"true\">Despite the evident downtrend in the past few months<\/span><span data-preserver-spaces=\"true\">, many investors remain bullish on the OG meme coin<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The renowned analyst, going on X as Ali Martinez, <\/span><span data-preserver-spaces=\"true\">revealed<\/span><span data-preserver-spaces=\"true\"> that more than 76% of the traders on Binance Futures that have hopped on the Dogecoin bandwagon have opened long positions.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">76.65% of traders on Binance Futures are long on <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Dogecoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$DOGE<\/a>! <a href=\"https:\/\/t.co\/Qpr3pGCwh7\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/Qpr3pGCwh7<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1905448004456243333?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">March 28, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Predominant optimism can <\/span><span data-preserver-spaces=\"true\">be interpreted<\/span><span data-preserver-spaces=\"true\"> in various ways. People might speculate that some of those traders have inside information about potential major developments surrounding Dogecoin that could positively impact the price of the underlying token.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">One example could be the possible launch of a spot DOGE ETF in the United States. Grayscale, Bitwise, and Osprey Funds are among the entities that have filed to introduce such a product, while <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/polymarket.com\/event\/doge-etf-approved-in-2025?tid=1743168327072\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">the odds of approval<\/span><\/a><span data-preserver-spaces=\"true\"> before the end of the year are estimated at slightly under 70%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is important to note<\/span><span data-preserver-spaces=\"true\">, though,<\/span><span data-preserver-spaces=\"true\"> that the bullish sentiment may <\/span><span data-preserver-spaces=\"true\">be taken<\/span><span data-preserver-spaces=\"true\"> as a bearish factor.<\/span><span data-preserver-spaces=\"true\"> After all, cryptocurrencies tend to do the opposite of what the crowd expects, while famous investors have previously warned people not to follow the ongoing trend. Warren Buffett\u2019s advice, for instance, states: \u201cBe fearful when others are greedy and greedy when others are fearful.\u201d<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Price Predictions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Crypto X also seems predominantly positive on DOGE\u2019s future, with multiple industry participants envisioning a resurgence in the short term. Crypto VIP Signal recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoVIPsignal\/status\/1905557659207786780\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> that the meme coin \u201chas broken the resistance area and is now retesting it.\u201d<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cYou can accumulate some DOGE during this retest, and we can expect a continuation of the upward movement after some accumulation,\u201d they added.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Trader Tardigrade also gave their two cents. The market observer <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/TATrader_Alan\/status\/1905606309208358957\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">pointed<\/span><\/a><span data-preserver-spaces=\"true\"> to the declining RSI ratio to envision a price explosion to as high as $1 in the following months.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Relative Strength Index (RSI) measures the speed and change of price movements and varies from 0 to 100. <\/span><span data-preserver-spaces=\"true\">Readings below 30 suggest Dogecoin <\/span><span data-preserver-spaces=\"true\">might have<\/span><span data-preserver-spaces=\"true\"> entered oversold territory, meaning it could be gearing up for a rally.<\/span><span data-preserver-spaces=\"true\"> The RSI has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.cryptowaves.app\/relative-strength-index\/DOGE\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">plunged<\/span><\/a><span data-preserver-spaces=\"true\"> below 40 in the past several hours and is nearing the bullish zone.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/what-do-binance-traders-know-about-dogecoin-doge-that-you-dont\/\" rel=\"nofollow\">What Do Binance Traders Know About Dogecoin (DOGE) That You Don\u2019t?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Around three-quarters of Binance Futures traders who have opened DOGE positions are expecting price gains in the near future. The overwhelming imbalance between long and short trades may signal a contrarian risk \u2013 when most bet up, the market might surprise with a move in the opposite direction. Increased Optimism From Traders Dogecoin (DOGE) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19628","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19628"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19628\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}