Dogecoin Plunges After 80% Drop in ETF Inflows, Technicals Signal Further Decline
Dogecoin (DOGE) fell below $0.152 after ETF inflows crashed from $1.8 million to $365,000 in a single day — an ~80% drop that coincided with rotation into Bitcoin and other high-beta assets. The sudden withdrawal of institutional ETF demand intensified selling pressure and liquidity deterioration, turning DOGE’s weekly consolidation into a clear downtrend. Trading volume showed notable spikes (a $16.6 million selling surge at 02:08 UTC) and a total trading volume of $265 million during the break. Technical structure shifted to descending peaks after failed rebounds around $0.155; the $0.150–$0.1478 area is now cited as the next liquidity zone. Analysts say inability to hold above $0.151 implies limited short-term upside while ETF-driven demand remains weak. This development raises near-term downside risks for DOGE and increases the importance of technical indicators for traders weighing position sizing and stop placement.
Bearish
The article describes a sharp, quantifiable reduction in DOGE ETF inflows (~80% drop) that directly removed speculative and institutional buying support. That withdrawal coincided with heavy selling, volume spikes, and a break of a key $0.152 support, converting consolidation into a descending-peak downtrend. Historically, meme coins and ETF-driven altcoin rallies have reversed quickly when institutional flows dry up (similar patterns were seen after short-lived ETF enthusiasm in other altcoins), producing fast drawdowns. Short-term implications: increased volatility, higher probability of price testing $0.1495–$0.1478 liquidity zones, and limited upside until ETF demand returns or technical structure is repaired. Medium-to-long-term: if institutional interest remains weak, DOGE may trade lower or range-bound, with potential recovery tied to renewed inflows or broader market bullishness (e.g., BTC-led rallies). Traders should consider tighter risk controls, reduced position sizes, and using technical levels ($0.151 resistance, $0.1495–$0.1478 support) for entries and stops.