Dogecoin Faces Selling Pressure as ETF Demand Remains Weak

Dogecoin is trading below $0.083, struggling to maintain momentum due to subdued institutional demand for spot DOGE ETFs. Market data indicates a bearish shift, with the long-to-short ratio hitting a one-month low of 0.84. While positive funding rates offer a minor bullish signal, the lack of significant inflows and bearish positioning suggest the token remains at risk of a deeper correction.