Dogecoin investors’ shifts suggest a possible rebound as Bitcoin’s dominance puts pressure on altcoins

A new blockchain analysis by Alphractal shows that Dogecoin may be ready for a big rally as short-term traders increase their positions and long-term holders release supplies — patterns that often historically predict a sharp price increase. However, aging altcoins like Dogecoin are under pressure in the context of Bitcoin’s continued dominance in the market, although they may benefit once liquidity changes. Alphractal founder Joao Wedson warned that it was on-chain signals driving the market, not headlines, and current data showed early signs of potential upward momentum in Dogecoin.