The Dogecoin (DOGE) price has continued to trend downwards, fueled by general 
weakness in the meme coin market and a lack of sustainable bullish catalysts. 
Due to its poor performance, market sentiment has been in the dumps for 
months. However, a crypto analyst has noted that this period of prolonged 
consolidation and negativity occurs before every major expansion phase. He 
points to a chart, noting that Dogecoin’s price structure still looks 
dangerous, as he expects the meme coin to stage a potential rally that could 
catch many investors off guard. Related Reading: Bitcoin Could Enter Freefall 
If This Level Cracks: Analyst Dogecoin Chart Mirrors Past Expansion Cycles 
Market analyst Cryptollica is warning investors and traders not to sleep on 
Dogecoin after identifying a recurring cycle pattern that has preceded every 
major DOGE bull rally since 2021. In an X post on May 27, the crypto expert 
said that Dogecoin’s current market structure is too dangerous to ignore. He 
explained that the reason is not because Dogecoin is a meme coin, but due to 
its habit of respecting and following the same cycle structure before 
delivering a massive price surge when the market least expects it. The analyst 
pointed to his accompanying chart, noting that every price expansion since 
2021 began after the market abandoned Dogecoin and stopped taking interest in 
it. Cryptollica noted that while “the crowd laughed,” DOGE was rebuilding its 
underlying structure quietly before exploding higher. Looking at the chart, 
Cryptollica shows Dogecoin trading near the lower boundary of a multi-year 
descending channel, a level that has historically acted as a launchpad for 
significant price expansions. The analysis reveals that every meaningful low 
within that structure was accompanied by the same market conditions currently 
present today. This includes public disinterest, negative sentiment, and the 
meme coin’s price sitting at or near the channel’s lower boundary. After 
bottoming around $0.04 in mid-2022 and again at $0.05 in early 2023, Dogecoin 
staged back-to-back recoveries that brought its price to $0.22 and eventually 
$0.49 by mid-2024. Each of these explosive price rallies began after the asset 
was widely dismissed. Fast forward to today, Cryptollica has stated that 
Dogecoin is showing similar vertical-rally signals, with multiple bullish 
metrics aligning while market sentiment remains dead. Chart Metrics Reinforce 
DOGE’s Underlying Bullishness In his X post, Cryptollica noted that Dogecoin’s 
Crypto Cycle Score, highlighted at the bottom of the chart, is reading 19.9. 
This suggests that the meme coin may be in a rebuilding phase even with no 
hype or bullish confirmation in sight. Related Reading: Unknown Wallet 
Destroys $8.5 Million In Bitcoin In Shocking Burn The chart shows that 
Dogecoin’s Mayer Multiple is sitting at 0.64, placing it well below its long- 
term moving average. The meme coin also has an attention score of 10.1, 
further confirming that public interest is dead. Meanwhile, the Bollinger Band 
Width is reading 138 and signaling compressed volatility and weak price 
action. Cryptollica argues that all of these metrics combined with negative 
market psychology suggest that Dogecoin could be gearing up for an explosive 
price rally. He noted that this surge will likely fool many people, just as it 
did in past trends. Featured image from Unsplash, chart from TradingView

The Dogecoin (DOGE) price has continued to trend downwards, fueled by general weakness in the meme coin market and a lack of sustainable bullish catalysts. Due to its poor performance, market sentiment has been in the dumps for months. However, a crypto analyst has noted that this period of prolonged consolidation and negativity occurs before &#8230;

Analyst Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s Why

SoftBank&#8217;s investment in French AI data centers could significantly boost 
Europe&#8217;s tech infrastructure, attracting further global tech investments.
The post SoftBank to invest €45B in AI data centers in France by 2031 appeared 
first on Crypto Briefing.

SoftBank&#8217;s investment in French AI data centers could significantly boost Europe&#8217;s tech infrastructure, attracting further global tech investments. The post SoftBank to invest €45B in AI data centers in France by 2031 appeared first on Crypto Briefing.

SoftBank to invest €45B in AI data centers in France by 2031

Bitcoin slid to multi-week lows this week, dragged lower by record exchange- 
traded fund (ETF) redemptions and a broad pullback from risk assets. The price 
settled near $73,500 on Friday, down roughly 4% from where it opened the week 
above $77,000. To get a sense of where BTC might finish the year, Bitcoin News 
queried several […]

Bitcoin slid to multi-week lows this week, dragged lower by record exchange- traded fund (ETF) redemptions and a broad pullback from risk assets. The price settled near $73,500 on Friday, down roughly 4% from where it opened the week above $77,000. To get a sense of where BTC might finish the year, Bitcoin News queried &#8230;

Grok Targets $145K as 13 AI Models Predict Bitcoin’s Price Path to Close 2026

A national clearinghouse for digital yuan could enhance financial integration, 
boost transaction efficiency, and strengthen China&#8217;s digital economy.
The post China considers national clearinghouse for digital yuan transactions 
appeared first on Crypto Briefing.

A national clearinghouse for digital yuan could enhance financial integration, boost transaction efficiency, and strengthen China&#8217;s digital economy. The post China considers national clearinghouse for digital yuan transactions appeared first on Crypto Briefing.

China considers national clearinghouse for digital yuan transactions

According to historical data, the price of Bitcoin has never posted three 
consecutive months of positive performance in a bear-market year. This trend 
is about to continue in 2026, with May looking likely to end in the red for 
BTC after optimistic performances in March and April, and at the start of this 
month. Recent on-chain data suggests that short-term investors may also be 
capitulating amid Bitcoin&#8217;s disappointing price action over the past few 
weeks. Are BTC&#8217;s Short-Term Investors Losing Conviction? In a Quicktake post 
on the CryptoQuant platform, market analyst RugaResearch revealed that a 
specific cohort of Bitcoin investors moved a significant amount of BTC in the 
past day. This set of investors is known as the short-term holders, who are 
famous (or infamous) for being the most reactive in the market. Specifically, 
RugaResearch reported that 107,760 BTC within the 1-month to 3-month Spent 
Output Age Band moved in a single day, the largest value on-chain movement 
(within this age band) in more than seven months. For context, the Spent 
Output Age Bands is an on-chain indicator that segments spent transaction 
outputs into age brackets, showing the proportion of total coins moved and how 
long they were inactive. Related Reading: Ethereum Flashes A Rare Signal As 
Open Interest Reaches Highest Level Since 2019 The 1- to 3-month Spent Output 
Age Band tracks Bitcoin purchased between late February and late April (from 
the beginning of BTC&#8217;s recovery to around $80,000 last month). RugaResearch 
said that when this age band witnesses an aggressive move, like the one 
recently seen, it means that the most recent investors are reacting rather 
than accumulating. The crypto pundit spotlighted that the movement of these 
107,760 BTC while the Bitcoin price is sub-$74,000 means that a significant 
portion of the 1-month to 3-month Spent Output Age Band is out of the money — 
or near breakeven, at best. While it remains to be seen why this move 
occurred, this shake-up does not suggest conviction among the most reactive 
set of investors. RugaResearch wrote: Exchange inflows tell you if these coins 
are heading to sell. If they land on exchanges, this flush has legs. If 
they&#8217;re moving to cold storage or OTC desks, it&#8217;s redistribution under 
pressure. Hence, centralized exchanges&#8217; data is one of the signals to watch in 
the coming days to decipher the purpose of this move. Bitcoin Price Momentum 
Stays Negative For Eight Days At the same time, RugaResearch revealed a 
worrying trend with the Bitcoin Price Momentum indicator, which has stayed 
negative since May 22nd. After rising to a nearly one-year high of +20.5% on 
May 5th, the on-chain metric dropped by 12.9 percentage points about ten days 
later. After flipping to negative a little over a week ago, the Bitcoin Price 
Momentum currently sits at 4.07%. &#8220;When 1m-3m spent output spikes 6.7x 
overnight while momentum bleeds for 8 straight days, the positioning game 
shifts,&#8221; the market analyst concluded. As of this writing, the price of BTC 
stands at around $73,410, reflecting a mere 0.4% dip in the past 24 hours. 
Related Reading: Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC 
Rips Higher Featured image from iStock, chart from TradingView

According to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent &#8230;

Bitcoin Short-Term Holders Move 107,760 BTC In A Single Day — Details

According to Normative Instruction No. 739, issued on Friday, VASPs will now 
need to undergo an audit by an approved third-party entity to obtain 
authorization to operate in Brazil. The requirement adds to an already 
stringent regulation, making the process of obtaining a license in Brazil more 
difficult. Central Bank Of Brazil Moves to Add […]

According to Normative Instruction No. 739, issued on Friday, VASPs will now need to undergo an audit by an approved third-party entity to obtain authorization to operate in Brazil. The requirement adds to an already stringent regulation, making the process of obtaining a license in Brazil more difficult. Central Bank Of Brazil Moves to Add &#8230;

Analyst Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s Why

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