Dogecoin (DOGE) extends its losses, trading around $0.090 on Wednesday, down more than 5% so far this week. Bearish pressure is strengthening, with short positions reaching a one-month high and traders in overheated conditions.
Dogecoin (DOGE) extends its gains, trading above $0.096 on Monday after finding support around the key support zone last week. Continued inflows into spot DOGE Exchange Traded Funds (ETFs), alongside strengthening derivatives metrics, indicate improving market sentiment.
Bitcoin (BTC) reclaims $84,000 at the time of writing on Tuesday following mild losses the previous day. Continued institutional and corporate demand, along with smaller profit-taking activity on Monday, could ease selling pressure and support Crypto King’s recovery.