Dogecoin
Why Dogecoin is down 1.2% in the last hour
Analysis
Dogecoin (DOGE) slipped 1.2% over the past hour as traders reacted to derivatives data highlighted in a report about a sharp “-717% flow” signal in Dogecoin futures, which can be read as a bearish shift in positioning and near-term sentiment. This futures-flow imbalance likely increased selling pressure and reduced risk appetite for DOGE in the short timeframe.
Contributing Factors (1)
Dogecoin Futures: Interpreting -717% Flow Signal
Dogecoin flows turns red as futures are rapidly descending.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.