Dogecoin price may have a bullish start to the week due to multiple signs indicating a potential surge in demand. These signs include Dogecoin's position on the weekly chart and its ability to hold the bottom range of the Fibonacci pattern. The surge in social sentiment, with Dogecoin having the highest social sentiment in the last 24 hours, also suggests increased attention and potential interest in the cryptocurrency. However, for a significant demand surge to occur, a substantial wave of liquidity is required. On-chain data reveals a decline in options volume but an increase in open interest, indicating a possible sentiment shift from bearish to bullish. While there has been a decline in sell pressure and spot outflows, there has not been a significant increase in spot inflows, suggesting cautious investor sentiment and weak demand. The recovery of the Bitcoin fear and greed index to a neutral zone further signals improving market sentiment.



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