Deep Dive
1. Whales Scoop 480M DOGE (4 December 2025)
Overview:
Whales acquired 480M DOGE ($71.8M) over 48 hours, per Santiment data. This coincided with DOGE defending the $0.145 support level and forming higher lows. Network activity surged, with active addresses hitting 71,589 – the highest since September.
What this means:
This is bullish for DOGE because whale accumulation often precedes price rallies by creating a demand floor. Increased network activity also suggests retail participation could amplify upward moves. However, DOGE faces immediate resistance at $0.155 – a level it failed to hold on 4 December.
(U.Today)
2. Grayscale Files DOGE ETF Amendment (4 December 2025)
Overview:
Grayscale amended its Dogecoin ETF filing to disclose a 0.75% management fee, following 21Shares' similar move in November. The SEC is expected to decide on multiple DOGE ETF applications by Q1 2026.
What this means:
This is neutral-to-bullish for DOGE because ETF approvals would unlock institutional demand, but the muted debut of Grayscale’s Chainlink ETF ($41M inflows vs. XRP ETF’s $243M) suggests altcoin ETFs may initially underperform. Regulatory delays remain a key risk.
(CoinDesk)
3. Bullish Technical Setup Emerges (4 December 2025)
Overview:
DOGE formed a symmetrical triangle with support at $0.145-$0.15 and resistance at $0.165. Analysts flagged a TD Sequential buy signal and bullish MACD crossover, with historical patterns suggesting 37%-114% upside potential if $0.165 breaks.
What this means:
This is cautiously optimistic for DOGE because the setup mirrors previous reversal patterns (March/July 2025). However, declining derivatives volume (-14.23% weekly) and “Fear” market sentiment (CMC Index: 27/100) suggest weak conviction. A close below $0.145 could invalidate the pattern.
(TradingView)
Conclusion
Dogecoin sits at a crossroads: Whale accumulation and ETF progress counterbalance weak market sentiment and technical resistance. While the $0.145-$0.155 zone remains pivotal, the real test will be whether institutional products can reignite retail enthusiasm lost to Solana meme coins. Can DOGE leverage its cultural cachet to break free from Bitcoin’s dominance in the current "Bitcoin Season"?