Dogecoin Long Short Ratio Goes Too Bullish at 3.3:1

Dogecoin is trading near $0.07, but its derivatives market tells a stronger story. Futures traders remain heavily positioned on the long side, leaving bears badly outnumbered. The headline ratio sits near 3.3:1, while some exchanges show even stronger bullish conviction.

Meanwhile, the latest Fed decision and renewed inflows into Bitcoin ETFs continue to support risk appetite.Binance perpetuals holding a long-to-short accounts ratio between 3.6 and 3.7:1.

Around 78% to 79% of active accounts are net long, while 21% to 22% remain short across intraday and one-day windows.

That imbalance suggests traders still expect higher prices rather than another sharp decline.Coinglass also shows a similar bias across OKX and Bybit, confirming the trend extends beyond a single exchange.