The price of Dogecoin (DOGE) has been decreasing and shows no signs of recovery, as major investors are no longer participating in large transactions. The number of transactions over $100,000 and $1 million+ has dropped significantly, indicating a lack of confidence in DOGE. The price regression and bearish technical indicators suggest that the downward trend will continue, potentially reaching a main support barrier at $0.18. Derivatives data shows lower interest among traders, and long liquidations suggest significant sell pressure. Despite this, Dogecoin supporters are hopeful for Elon Musk's support and the potential for a Dogecoin ETF approval under the Trump administration.



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