Dogecoin dropped 8% in Tuesday’s trade as whales unloaded into $0.27 resistance before pivoting back in near $0.25. A billion-token liquidation wave marked the day’s lows, but late-session prints showed smart money stepping back, hinting at a possible base.News BackgroundMacro headwinds remain central to the picture. Traders are pricing in nearly 98% odds of global monetary easing by year-end, a backdrop that has fueled volatility across FX and crypto alike. Meme-coins like DOGE tend to trade as high-beta plays on liquidity, meaning they can swing harder in both directions when global conditions shift.On the structural side, ETF filings from firms such as Grayscale and Bitwise keep DOGE in the conversation around broader institutional flows, even if the immediate focus has been on bitcoin and ether. That narrative gives DOGE liquidity profile a longer tail than retail hype alone.Mining investment has quietly expanded through 2025, supporting accumulation trends among whales. Infrastructure flows matter because they underpin supply distribution, and continued capital inflow into DOGE mining signals confidence in the asset’s longer-term viability.Price Action SummaryResistance at $0.27 was reinforced after rejection on heavy 632.9 million volume, setting a clear ceiling for traders to watch.The steepest decline unfolded during the 13:00–15:00 UTC window, when DOGE fell 5% in just two hours as over a billion tokens exchanged hands.Support at $0.25 proved resilient. That level triggered both whale accumulation and short covering, preventing a deeper slide into the $0.24 range.The final 60 minutes of trade saw DOGE rebound roughly 1% from its lows, breaking intraday resistance levels around $0.25 on steady prints of 30 million DOGE at a time. A double-bottom pattern between 23:49 and 00:00 reinforced the idea of a technical base.The 24-hour trading range stretched $0.144, or about 4.8%, making it one of the wider sessions in recent weeks and highlighting fragile order books.Technical ViewResistance: $0.27 remains the immediate ceiling after repeated failures; sustained closes above it would be required to flip trend bias higher.Support: $0.25 is the key structural floor for now, defended by whales; if broken, the next downside target sits near $0.24.Volume: Daily averages around 500 million were dwarfed by liquidation spikes over 1 billion, signaling institutional distribution pressure at highs.Pattern: Symmetrical triangle structure points to a breakout range of $0.30–$0.47 once momentum resolves.Momentum: The late-session bounce confirms near-term accumulation, but overall trend remains capped below $0.27.What Traders Are WatchingWhether $0.25 continues to hold as structural support or gives way to a deeper test at $0.24.If whale accumulation of 30 million DOGE marks the cycle bottom or represents opportunistic entry before further volatility.How pending SEC rulings on DOGE-linked ETF filings shape liquidity and institutional positioning.Macro drivers: the balance between easing bets and renewed inflation risks, and how they impact risk appetite for high-beta tokens like DOGE.Breakout triggers from the current symmetrical triangle setup — whether DOGE can quickly reclaim $0.30 or continues to stall under resistance.Dogecoin dropped 8% in Tuesday’s trade as whales unloaded into $0.27 resistance before pivoting back in near $0.25. A billion-token liquidation wave marked the day’s lows, but late-session prints showed smart money stepping back, hinting at a possible base.News BackgroundMacro headwinds remain central to the picture. Traders are pricing in nearly 98% odds of global monetary easing by year-end, a backdrop that has fueled volatility across FX and crypto alike. Meme-coins like DOGE tend to trade as high-beta plays on liquidity, meaning they can swing harder in both directions when global conditions shift.On the structural side, ETF filings from firms such as Grayscale and Bitwise keep DOGE in the conversation around broader institutional flows, even if the immediate focus has been on bitcoin and ether. That narrative gives DOGE liquidity profile a longer tail than retail hype alone.Mining investment has quietly expanded through 2025, supporting accumulation trends among whales. Infrastructure flows matter because they underpin supply distribution, and continued capital inflow into DOGE mining signals confidence in the asset’s longer-term viability.Price Action SummaryResistance at $0.27 was reinforced after rejection on heavy 632.9 million volume, setting a clear ceiling for traders to watch.The steepest decline unfolded during the 13:00–15:00 UTC window, when DOGE fell 5% in just two hours as over a billion tokens exchanged hands.Support at $0.25 proved resilient. That level triggered both whale accumulation and short covering, preventing a deeper slide into the $0.24 range.The final 60 minutes of trade saw DOGE rebound roughly 1% from its lows, breaking intraday resistance levels around $0.25 on steady prints of 30 million DOGE at a time. A double-bottom pattern between 23:49 and 00:00 reinforced the idea of a technical base.The 24-hour trading range stretched $0.144, or about 4.8%, making it one of the wider sessions in recent weeks and highlighting fragile order books.Technical ViewResistance: $0.27 remains the immediate ceiling after repeated failures; sustained closes above it would be required to flip trend bias higher.Support: $0.25 is the key structural floor for now, defended by whales; if broken, the next downside target sits near $0.24.Volume: Daily averages around 500 million were dwarfed by liquidation spikes over 1 billion, signaling institutional distribution pressure at highs.Pattern: Symmetrical triangle structure points to a breakout range of $0.30–$0.47 once momentum resolves.Momentum: The late-session bounce confirms near-term accumulation, but overall trend remains capped below $0.27.What Traders Are WatchingWhether $0.25 continues to hold as structural support or gives way to a deeper test at $0.24.If whale accumulation of 30 million DOGE marks the cycle bottom or represents opportunistic entry before further volatility.How pending SEC rulings on DOGE-linked ETF filings shape liquidity and institutional positioning.Macro drivers: the balance between easing bets and renewed inflation risks, and how they impact risk appetite for high-beta tokens like DOGE.Breakout triggers from the current symmetrical triangle setup — whether DOGE can quickly reclaim $0.30 or continues to stall under resistance.
Dogecoin Plunges 8% Before Whale Buying Stabilizes at DOGE Prices $0.25
2025/10/08 12:30
Dogecoin dropped 8% in Tuesday’s trade as whales unloaded into $0.27 resistance before pivoting back in near $0.25. A billion-token liquidation wave marked the day’s lows, but late-session prints showed smart money stepping back, hinting at a possible base.
News Background
- Macro headwinds remain central to the picture. Traders are pricing in nearly 98% odds of global monetary easing by year-end, a backdrop that has fueled volatility across FX and crypto alike. Meme-coins like DOGE tend to trade as high-beta plays on liquidity, meaning they can swing harder in both directions when global conditions shift.
- On the structural side, ETF filings from firms such as Grayscale and Bitwise keep DOGE in the conversation around broader institutional flows, even if the immediate focus has been on bitcoin and ether. That narrative gives DOGE liquidity profile a longer tail than retail hype alone.
- Mining investment has quietly expanded through 2025, supporting accumulation trends among whales. Infrastructure flows matter because they underpin supply distribution, and continued capital inflow into DOGE mining signals confidence in the asset’s longer-term viability.
Price Action Summary
- Resistance at $0.27 was reinforced after rejection on heavy 632.9 million volume, setting a clear ceiling for traders to watch.
- The steepest decline unfolded during the 13:00–15:00 UTC window, when DOGE fell 5% in just two hours as over a billion tokens exchanged hands.
- Support at $0.25 proved resilient. That level triggered both whale accumulation and short covering, preventing a deeper slide into the $0.24 range.
- The final 60 minutes of trade saw DOGE rebound roughly 1% from its lows, breaking intraday resistance levels around $0.25 on steady prints of 30 million DOGE at a time. A double-bottom pattern between 23:49 and 00:00 reinforced the idea of a technical base.
- The 24-hour trading range stretched $0.144, or about 4.8%, making it one of the wider sessions in recent weeks and highlighting fragile order books.
Technical View
- Resistance: $0.27 remains the immediate ceiling after repeated failures; sustained closes above it would be required to flip trend bias higher.
- Support: $0.25 is the key structural floor for now, defended by whales; if broken, the next downside target sits near $0.24.
- Volume: Daily averages around 500 million were dwarfed by liquidation spikes over 1 billion, signaling institutional distribution pressure at highs.
- Pattern: Symmetrical triangle structure points to a breakout range of $0.30–$0.47 once momentum resolves.
- Momentum: The late-session bounce confirms near-term accumulation, but overall trend remains capped below $0.27.
What Traders Are Watching
- Whether $0.25 continues to hold as structural support or gives way to a deeper test at $0.24.
- If whale accumulation of 30 million DOGE marks the cycle bottom or represents opportunistic entry before further volatility.
- How pending SEC rulings on DOGE-linked ETF filings shape liquidity and institutional positioning.
- Macro drivers: the balance between easing bets and renewed inflation risks, and how they impact risk appetite for high-beta tokens like DOGE.
- Breakout triggers from the current symmetrical triangle setup — whether DOGE can quickly reclaim $0.30 or continues to stall under resistance.
ข้อจำกัดความรับผิดชอบ: บทความที่โพสต์ซ้ำในไซต์นี้มาจากแพลตฟอร์มสาธารณะและมีไว้เพื่อจุดประสงค์ในการให้ข้อมูลเท่านั้น ซึ่งไม่ได้สะท้อนถึงมุมมองของ MEXC แต่อย่างใด ลิขสิทธิ์ทั้งหมดยังคงเป็นของผู้เขียนดั้งเดิม หากคุณเชื่อว่าเนื้อหาใดละเมิดสิทธิของบุคคลที่สาม โปรดติดต่อ service@mexc.com เพื่อลบออก MEXC ไม่รับประกันความถูกต้อง ความสมบูรณ์ หรือความทันเวลาของเนื้อหาใดๆ และไม่รับผิดชอบต่อการดำเนินการใดๆ ที่เกิดขึ้นตามข้อมูลที่ให้มา เนื้อหานี้ไม่ถือเป็นคำแนะนำทางการเงิน กฎหมาย หรือคำแนะนำจากผู้เชี่ยวชาญอื่นๆ และไม่ถือว่าเป็นคำแนะนำหรือการรับรองจาก MEXC
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Japanese listed company Remixpoint increased its holdings by 2.66 bitcoins, bringing its total holdings to 1,371.46 bitcoins.
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PANews2025/10/08 15:31
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PANews2025/10/08 14:46
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The New York Stock Exchange invested $2 billion in prediction market Polymarket. What is the strategic intention?
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This article attempts to interpret the logic behind this investment - why an exchange that controls a market value of $29 trillion would bet on a new market native to the crypto world and centered on "prediction", and what this means for the next paradigm shift in the global price discovery system. The following is the original content: The infrastructure that underpins the $29 trillion stock market is now extending into a broader realm - a market that can not only price assets but also price "understanding." It was the largest private investment in a crypto company ever. But it was something more profound: It was a statement—a declaration that the market itself was evolving. origin The New York Stock Exchange (NYSE) is the world's largest stock exchange, with a total market capitalization of approximately $29 trillion. 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They allow people to bet on events they already care about—elections, policy, AI breakthroughs, sports, climate—rather than the quarterly results of a company they have no interest in. When markets become more interconnected, more people can participate. Not just analysts or hedge funds, but anyone with a sense of the future – and the global economy becomes more democratic. This is a revolution that removes financial "thresholds". But the story doesn't end there The NYSE is not only investing in the prediction market, but also investing in a new "data form". What they want is event-driven data. For the first time, financial infrastructure can carry probabilities alongside prices. Polymarket's markets generate real-time odds on real-world events: elections, policy decisions, macroeconomic data, even celebrity endorsements—all of which can predict sentiment before they impact financial reports. 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