DOGE sube un 2,38 % mientras que los tiburones acumulan y el patrón de la tabla es al alza

House of Doge to Pursue Public Listing via Reverse Merger
House of Doge, a cryptocurrency-focused entity, is set to become publicly traded through a reverse merger with Brag House Holdings, an esports and media platform. The deal, supported by $50 million in capital commitments, will facilitate the transition without a public offering. The merger is led by legal counsel Seward & Kissel LLP and Lucosky Brookman LLP, respectively. No price or market data from the news was included in the analysis.

Whales Accumulate Dogecoin Amid Price Downtrend

Data from Nansen reveals that the top 100 holders increased their DOGE holdings by 9% over the past 30 days, with whales adding 61.1% more tokens during the same period. This trend indicates a shift in sentiment, particularly as exchange balances decline and large holders continue to accumulate.

Bullish Chart Formation Seen on Daily Timeframe
Technical analysis highlights the formation of a falling wedge pattern on Dogecoin’s daily chart. This pattern, which has developed since mid-October, is typically considered a bullish reversal signal. A breakout above the pattern’s upper boundary could lead to a potential 65% gain in the near term, according to analysis from crypto.news. The pattern forms amid renewed interest from institutional investors and a reduction in circulating supply.

Bearish Short-Term Outlook Amid Market Volatility
In contrast, recent on-chain metrics and derivatives data point to a bearish near-term outlook. The percentage of Dogecoin tokens held in profit fell from 53.95% to 50.70% since December 3, according to Santiment. Meanwhile, short positions in DOGE derivatives rose to 53.91%, signaling increased bearish positioning. The coin has also broken below key support levels, with the next critical target at $0.1000 if the downward trend continues.

Bullish Catalysts Remain Intact
Analysts project that sustained whale buying and a potential breakout from the falling wedge pattern could trigger a short-term reversal. However, the broader market context remains volatile, with macroeconomic factors such as interest rate decisions and investor risk appetite likely to influence Dogecoin’s price trajectory in the coming weeks.