Dogecoin registered zero short liquidations within a 12-hour window, according to CoinGlass data. This unusual pause signals a shift in bearish trader behavior after recent price fluctuations.
Short liquidations happen when traders betting on price drops exit positions forcibly due to market gains. The absence of such liquidations suggests short sellers avoided aggressive setups or the price rise was insufficiently strong to trigger their stop-outs.
Despite no shorts being liquidated, bullish traders faced losses totaling $120,960 during the same period. This contrast indicates bears remained cautious following this week’s earlier decline.
A recent price rebound from a low near $0.07 on Friday may have led shorts to hold back from new positions. DOGE had fallen after reaching $0.0753 on July 14 but showed a 0.96% gain, trading around $0.072 at the time of reporting.
The market’s indecision is evident as traders await clearer directional signals before increasing their exposure.
Material is for informational purposes only, not financial advice.
