$DOGE short-term pressure may not only come from the broader market pulling back, but from the fact that the funding situation is losing its footing.
Spot ETFs continue to record zero net inflows or even net outflows, indicating that traditional channels are not bringing in new capital to absorb the selling; Bitwise’s shutdown of BWOW will also weaken market expectations for the DOGE ETF track. Meanwhile, assets such as XRP and SOL are siphoning off trading activity—demand for attention and the narrative premium that dogecoin originally relied on is being further compressed.
At the current price of about $0.08377, with a 24-hour trading volume of about $720 million and a market cap of about $14.38 billion. If ETF fund flows do not improve, and combined with the sentiment shock caused by product closures, it will be easier for sell pressure to hit when the price bounces. Going forward, focus on two key points: whether ETF net inflows can turn positive, and whether trading volume can expand near key support levels.
As long as weakness hasn’t been reversed, don’t rush to treat the positives as a reversal—capital returning is a more reliable signal.
#DOGE #狗狗币 #Cryptocurrency
Spot ETFs continue to record zero net inflows or even net outflows, indicating that traditional channels are not bringing in new capital to absorb the selling; Bitwise’s shutdown of BWOW will also weaken market expectations for the DOGE ETF track. Meanwhile, assets such as XRP and SOL are siphoning off trading activity—demand for attention and the narrative premium that dogecoin originally relied on is being further compressed.
At the current price of about $0.08377, with a 24-hour trading volume of about $720 million and a market cap of about $14.38 billion. If ETF fund flows do not improve, and combined with the sentiment shock caused by product closures, it will be easier for sell pressure to hit when the price bounces. Going forward, focus on two key points: whether ETF net inflows can turn positive, and whether trading volume can expand near key support levels.
As long as weakness hasn’t been reversed, don’t rush to treat the positives as a reversal—capital returning is a more reliable signal.
#DOGE #狗狗币 #Cryptocurrency