#DOGE DOGE ETFs switch from consecutive net inflows to redemptions! Can the $0.08 support hold?
Dogecoin hype cools! ETF funds flee, with $0.08 becoming a make-or-break line🐶
Dogecoin DOGE, once hugely popular, is now facing a subdued market atmosphere. Dogecoin ETFs had previously seen three consecutive weeks of inflows, but the trend completely reversed in October as institutional funds began to pull out, putting significant pressure on the price.
📉ETF funds see $540,000 in outflows over two days.
According to SoSoValue data, from October 1 to 9, flows in and out of Dogecoin spot ETFs were virtually flat, with no funds entering or leaving. Instead of a turnaround, a wave of redemptions followed. Around $400,000 flowed out on October 12, followed by another $138,600 on the 13th, bringing total outflows to $540,000 in just two days.
Fund net assets also shrank from nearly $17 million at the start of the month to $14.44 million. The retreat of institutional funds is a major headwind DOGE must now face.
📊The price continues to weaken, with bearish technical indicators.
DOGE is down 14% overall this month. It was still holding at $0.095 at the start of the month, but slid steadily after October 7 and is now trading at around $0.0800.
Although it briefly rebounded to a high of $0.088 on the 12th, the recovery was short-lived, and the price quickly fell again, touching a low of $0.08. Technical indicators are also unpromising: the RSI has fallen below its signal line, while the CMF money flow indicator briefly dropped to near -0.90 and has now recovered to -0.30, indicating that the overall trend of capital outflows remains unchanged.
⚖️Futures market sees a tug-of-war between bulls and bears, with bullish positions weakening.
Signals from the derivatives market are mixed. DOGE open interest first surged to $652 million, then fell to $598 million before edging back up to $609 million. The funding rate remains positive at 0.0088%, indicating that the market still retains some long positions, with bulls continuing to pay fees to bears. However, the overall decline in open interest means bullish momentum in the futures market is weakening.
📌Market Summary and Key Points to Watch
$0.08 is a key short-term support level for DOGE. If it breaks decisively below this level, pressure on bulls will intensify sharply, and the price could fall further. The market is currently weak overall, and the rebound lacks strength, so it is unwise to blindly buy the dip. Watch closely to see whether the $0.08 support holds.#WCTCS9

#DOGE #WCTCS9 Dogecoin may see its first major daily death cross of 2026: Is a potential trend shift approaching?
A potential trend shift could counter bearish pressure and invalidate the current setup.
Dogecoin could see its first daily death cross of 2026, as moving averages point to convergence in the coming days. The daily 50-day moving average is currently sloping downward, while the daily 200-day moving average is flattening, highlighting the potential for a death cross. Dogecoin saw its first daily golden cross of 2026 in October, but profit-taking in the crypto market drove its price down to a low of $0.077. Bears seem to be making an aggressive effort to negate this bullish signal, with the possibility of a death cross drawing near.
The timing of a death cross remains uncertain, as a trend shift could counter the bears’ push and invalidate the current pattern. At the time of writing, Dogecoin was up 3.19% over the past 24 hours to $0.081, after briefly selling off as investors weighed higher-than-expected inflation data and the latest remarks on interest rates from Fed Chair Kevin Warsh.
Inflation data released this week was strong: the Producer Price Index released Thursday showed wholesale prices rose 6.3% year over year in September, the biggest increase since 2022. The Consumer Price Index also rose in data released Wednesday. Fed officials responded in September by approving the first rate hike in more than three years; markets expect the Fed to hold rates steady in October and hike again in December.
Could a trend shift be coming? The last time Dogecoin saw a death cross on the daily chart was in November 2025, followed by months of selling until a golden cross appeared recently. This has focused market attention on price action in case a death cross ultimately appears again.
Crypto analyst Ali recently posted a contrarian take on X, sharing three reasons to be bullish on Dogecoin.
First, the TD Sequential indicator has previously marked potential turning points for Dogecoin several times, and this time it issued a buy signal on the daily chart as the price neared $0.081.
Second, URPD data shows that about 36 billion DOGE previously traded near $0.081.
Third, whales appear to be buying near this support level, having accumulated 600 million DOGE since October 12.
If $0.081 holds and Dogecoin rebounds, Ali identifies the $0.16 to $0.17 range as a potential profit-taking zone. $DOGE