DOGS/USDT price movement:
1. Price Decline: The $DOGS token price has decreased by 3.61% to 0.0010392 USDT. This indicates that there is greater selling pressure than buying pressure in the last 24 hours.
2. Money Flow:
- Most of the selling came from large, medium, and small orders. Large selling reached 15,437.08 M DOGSbwhile large buying only reached 13,549.26 M DOGS, indicating a net outflow of -1,887.81 M $DOGS for large orders.
- The total net outflow from all categories (large, medium, and small) was -3,280.00 M DOGS, indicating that more DOGS tokens were leaving the market than entering the market.
3. Large Inflow Chart (5x24 hours):
- In the last 5 days, the inflow from large transactions showed a large decline, totaling -13,795.86 M $DOGS . This shows that selling pressure is significant and has caused the price to continue to decline.
- The chart data shows that in the past few days, large inflows have almost always been negative, which strengthens the bearish signal.
Overall, the data shows a bearish trend or price decline for dogs. There has been significant selling pressure from market players with large volumes, which has caused the price of dogs to fall in the past few days. This negative trend is likely to continue if there is no increase in demand or large volume purchases that can reverse the trend.