DOGE is navigating mixed signals as Fed Chair remarks
lift Bitcoin above approximately $60,000, though selling pressure is building.
Selling pressure outweighing demand
The buyer-to-seller ratio dropped to 0.52 over the past day, meaning roughly 1.92x more sellers than buyers are active in the market right now.
Trading activity expanding
Volume climbed roughly
↗14.88%
over the past week, showing increased market participation even as price action remains choppy.
Heavy liquidations hitting long positions
Long position liquidations reached approximately $159.7M over the past day, reflecting the challenging environment for traders betting on upward movement.
Network usage remains consistent
Daily activity showed around 40,215 active addresses with approximately $71.83M in transaction volume, indicating steady network usage despite recent price movement.