DOGE's latest trading price touched around $0.1309, with room for continued upward movement from multiple perspectives.
Signals from the capital side are quite positive. The futures market continues to absorb inflows, with the long-short position ratio expanding to 2.81:1, indicating that market participants have relatively consistent expectations for the future. More interesting is the action of exchanges—net outflows exceeding $50M, with 63% of the funds flowing into cold wallets. Such data typically reflect signs of institutions and long-term holders positioning at low levels. Simultaneously, there are progressions at the ecosystem level, with the first round of a major reserve plan officially launched, involving a scale of around $500 million, and institutional funds increasing their positions at a clear pace.
On the technical side, confirmation signals are present. The price has stabilized above the 20-day moving average, indicating a short-term bullish trend. On the 4-hour chart, the MACD green bars are shrinking, and a golden cross signal is about to appear. The RSI indicator is in the neutral zone and has not entered the overbought area, suggesting there is still room for upward movement. Coupled with the landing of ecosystem financing and the anticipation of related scenarios, short-term upward momentum is expected to continue.
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BetterLuckyThanSmart
· 17h ago
Around 0.13? Institutions are buying aggressively, and the cold wallets are receiving such a strong inflow—definitely bottom fishing.
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TaxEvader
· 17h ago
Wait, are institutions accumulating at low levels? Am I too late? Haha
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DefiEngineerJack
· 17h ago
well, *actually* that 2.81:1 ratio means nothing without considering funding rates tbh... cold wallet flows are literally just hodlers being boring, not some genius institutional play lol
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DegenMcsleepless
· 17h ago
Oh my god, institutions are piling up crazily at low levels again. With such heavy outflows from cold wallets, this time it might really be happening.
DOGE's latest trading price touched around $0.1309, with room for continued upward movement from multiple perspectives.
Signals from the capital side are quite positive. The futures market continues to absorb inflows, with the long-short position ratio expanding to 2.81:1, indicating that market participants have relatively consistent expectations for the future. More interesting is the action of exchanges—net outflows exceeding $50M, with 63% of the funds flowing into cold wallets. Such data typically reflect signs of institutions and long-term holders positioning at low levels. Simultaneously, there are progressions at the ecosystem level, with the first round of a major reserve plan officially launched, involving a scale of around $500 million, and institutional funds increasing their positions at a clear pace.
On the technical side, confirmation signals are present. The price has stabilized above the 20-day moving average, indicating a short-term bullish trend. On the 4-hour chart, the MACD green bars are shrinking, and a golden cross signal is about to appear. The RSI indicator is in the neutral zone and has not entered the overbought area, suggesting there is still room for upward movement. Coupled with the landing of ecosystem financing and the anticipation of related scenarios, short-term upward momentum is expected to continue.