2025-12-24 17:21:24

The performance of DOGE in the past 24 hours is quite interesting. The price has been oscillating within the range of $0.127-$0.129, down 2%-3% compared to yesterday. Trading volume has fluctuated between $850 million and $1.6 billion. Although the Christmas holiday is approaching and overall market risk appetite has cooled, DOGE remains firmly in the top ten by market capitalization, with circulating market value maintained around $21.5 billion.

The real signal comes from the futures market. According to data, open interest in DOGE futures has reached 11.797 billion coins (equivalent to about $1.5 billion), but there has been a clear pullback within 24 hours—indicating that the "holiday pump" momentum has temporarily fizzled out. Selling pressure is beginning to intensify, and the price has stubbornly broken below the short-term support level of $0.13. The surge in trading volume suggests sellers have regained control. In the short term, downside risks are significant, with some analysts pointing to a potential target of $0.12.

But there's also something interesting here. The number of active on-chain addresses has reached a nearly three-month high, exceeding 67,000. This hints that institutional players might be quietly accumulating at low levels.

From a technical perspective, there are more signs to watch: derivatives positioning signals suggest larger volatility may be brewing, and the RSI has entered the oversold zone, which often indicates a rebound opportunity. The community is also paying attention to related hot topics, although no new catalysts have emerged at the moment.

Overall, DOGE is currently under some pressure from the subdued macro holiday atmosphere. Monitoring the $0.128 support level is crucial. Looking ahead, the real turning point may depend on a change in the Federal Reserve's policy stance, with new developments possibly emerging by 2026.

DOGE-0.78%

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GateUser-e7f6ee31

· 2h ago

Merry Christmas, let's get bullish! 🐂

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ChainWanderingPoet

· 3h ago

Institutions are accumulating at low levels, while we retail investors are still watching the chart... Truly outrageous --- Breaking 0.12 or not really determines the next move, now it’s all about who has the stronger chips --- Holiday effect is weighing down, let’s wait until there’s news from the Federal Reserve before acting. It’s too early to make a move now --- RSI oversold means a rebound? Wake up, this trick has been played out long ago --- On-chain active addresses broke March highs, but the price actually fell... a bit suspicious --- If 0.128 doesn’t hold, it will head straight to 0.12. Nothing surprising, that’s how it was before the holiday --- I just want to know how many of those 67,000 active addresses are truly institutions accumulating --- It’s caused by macro weakness. Let’s wait for the trend to change. DOGE’s recent movement is just a side act

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TeaTimeTrader

· 3h ago

Institutions are accumulating at low levels, while retail investors are stuck debating whether to buy at 0.12 or 0.13—that's the gap. --- Holiday effects + selling pressure, but on-chain activity is soaring... who is really stocking up? --- RSI is oversold and still falling; there must be room for a rebound, right? --- Waiting for the Federal Reserve? Then let's just lie flat for now; DOGE isn't going anywhere. --- If 0.128 can't hold, then 0.12 really becomes the focus—getting a bit tense. --- A pullback in futures interest indicates what? It shows risk appetite has indeed decreased; this wave is a bit tough. --- 6.7K active addresses are no joke; institutions are really accumulating at low levels, not just chatting with you. --- The Christmas holiday is just an excuse; the core issue is macro fundamentals. --- There are technical rebound signals, but without new stimuli, who dares to buy in? --- If it drops to 0.12, it will truly be a bottom-fishing opportunity; but right now, it's not feasible.

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FOMOmonster

· 3h ago

Institutional accumulation is really interesting. The RSI oversold rebound is a rule of thumb; it all depends on whether 0.128 can hold.

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TrustlessMaximalist

· 3h ago

Institutions are accumulating at low levels, while retail investors are still debating whether to buy at 0.12 or 0.13. This is the crypto world—it's always a game of information asymmetry. --- RSI is oversold but still falling, indicating a real test of 0.12. However, the fact that active addresses are hitting new highs cannot be ignored. --- A failed holiday rally leading directly to a breakdown of support? That's too hasty. We need to see who is accumulating at the bottom. --- Wait, what does 67,000 active addresses mean? How credible is this data? --- 2026 will bring a new outlook, so what are we playing for now? Better to go all-in and wait. --- A pullback in futures interest doesn't mean nobody is optimistic. Maybe institutions are playing a reverse strategy. --- Selling pressure intensifies, but on-chain active addresses hit new highs. What does this contradictory phenomenon indicate? Large investors are absorbing the chips.

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NewDAOdreamer

· 3h ago

Huh, are institutions again accumulating at low levels? This tactic is quite familiar. --- When it drops to 0.12, it's time to buy the dip, oversold is so obvious. --- The holiday market is like this; we have to wait until after New Year's Day for any action. --- 6.7K active addresses is no joke; someone is quietly accumulating. --- RSI is already oversold and there's no rebound? Looks like the market is really scared. --- Talking about the Federal Reserve 2026, the real problem is failing to hold 0.128 now. --- The futures retraced so sharply, are the bears serious? --- The downturn is fake; someone is really eating up the chips, just depends on who has more patience. --- The Christmas holiday dragged down the entire market, so sad. --- Institutions are quietly accumulating while I'm still debating whether to add to my position, feeling emo.

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ProtocolRebel

· 4h ago

Are institutions accumulating at low levels? I'm thinking this move might not actually be a decline; it's just a shakeout.

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