Key Insights
- The Dogecoin/BTC pair is showing extended accumulation coiling near support, signalling a potential structural breakout for the next cycle.
- DOGE has completed a liquidity sweep, as the price stabilised at 0.13, where a previous bullish trend has provided a platform for a relief bounce.
- Hourly patterns have formed a cup and handle; however, futures open interest and ETF inflows indicate reduced market participation and technical consolidation.
Dogecoin’s price structure has become more stable, but low participation from both institutions and regular traders keeps the market cautious. The current phase is marked by accumulation, shifts in liquidity, and declining activity in derivatives and ETFs, all of which are influencing the market behaviour.
Dogecoin Macro Accumulation Signals on Doge-BTC Pair
Trader Tardigrade shared a long-term chart of Dogecoin against Bitcoin. This chart is tracing its patterns all the way back to 2014. The chart highlights recurring cycles in the market: There are phases where the price accumulates slowly, then expands, eventually declines, and finally re-accumulates.
From 2014 to 2019, Dogecoin moved mostly within a tight, low-volatility range. During this time, it formed a gradual, broad, rounded base near its historical lows. Trading activity and price swings were minimal. The overall trend shows a lack of excitement in the market as weaker hands who weren’t committed to the long haul exit the market.
In 2020–2021, Doge recorded a parabolic surge against Bitcoin. This expansion was driven by capital rotation into higher-beta assets, narrative momentum, and speculative interest. During this period, Dogecoin significantly outperformed Bitcoin.
https://x.com/TATrader_Alan/status/2002310527947813097?s=20
Dogecoin went into a corrective phase from 2021 to 2023, as the price moved in a rounded arc with lower highs and underperformed greatly against Bitcoin. The decline didn’t drop to previous levels; instead, it created a higher base for the next potential cycle.
From 2023 through 2025, Dogecoin remained within an extended accumulation range. This is after coiling near support levels. The limited downside movement implies seller exhaustion and, and technical projections are suggesting a potential breakout. If this materialises, it could replicate prior expansion phases at a larger magnitude.
Dogecoin Daily Liquidity Sweep Defines Market Structure
BitGuru’s analysis of the DOGE/USDT daily chart shows a completed liquidity sweep following a prolonged corrective phase. Price stabilized near 0.13. This is a level that previously acted as demand support. Therefore, this indicates that selling pressure is weakening.
Earlier in 2023, Dogecoin formed a rounded base, which analysts term the Bullish Cup. The asset then moved higher in an uptrend that continued through August and September. The price is making higher highs and higher lows, showing strong control by buyers.
A sharp drop in October interrupted the trend, causing sideways movement that cleared liquidity that clustered below the previous support. The market then steadied and formed smaller candles due to slower downward momentum. This is giving hope for a potential relief bounce and trend change.
Dogecoin Short-Term Patterns and Declining Participation
A bullish cup and handle pattern has formed near the 0.133 resistance zone. The handle is consolidating above 0.13 and has maintained a bullish structure. Bulls are converged here waiting for a breakout toward higher levels.
https://x.com/TATrader_Alan/status/2002324612772946071?s=20
Even though the price patterns looked positive, overall interest is slowing down. Futures open interest has fallen about 71% since October, from $4.4 billion to $1.21 billion. This shows that the market isn’t as active as before despite retail involvement.
Institutional involvement has also remained limited. Dogecoin spot ETFs recorded no inflows since mid-December, and moving averages are sloping downward. The MACD and RSI indicators are signalling easing bearish pressure.
