Dogecoin Futures See Strong Bullish Sentiment as 75% of Traders Go Long on Binance

In a notable shift of sentiment, a significant majority of traders on Binance Futures are currently betting on Dogecoin ($DOGE) to rise in value.

According to market analyst Ali, 75% of all open DOGE positions in Binance Futures are long, with only 24.99% taking short positions.

The Long/Short Ratio has reached 3.0, indicating that for every trader expecting Dogecoin to decline, there are three anticipating a rally.

This spike in bullish sentiment reflects growing optimism around Dogecoin‘s near-term price performance. While some traders may be responding to technical indicators or recent developments in the broader crypto market, it also highlights Dogecoin’s persistent popularity among retail and speculative investors.

Historically known for its meme origins and volatile price movements, Dogecoin continues to surprise market participants with sudden waves of buying interest—often driven by online communities and social media momentum.

Whether this long-heavy positioning leads to a sustained rally or triggers short-term corrections remains to be seen, but the current outlook on Binance Futures paints a clearly bullish picture for DOGE in the immediate term.

Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.