Doge stock price market psychology favors risk-on setups

Market psychology favors risk-on setups for aggressive traders. By analyzing the latest institutional fund flow data from CoinShares, it's possible to see where institutional investors are putting their money. Year to date, $25 billion has flowed into Bitcoin. Another $12.5 billion has flowed into Ethereum. An additional $1.5 billion has flowed into Solana (CRYPTO: SOL) , and another $1.5 billion has flowed into XRP (CRYPTO: XRP) . Other than these, a handful of coins have attracted some interest, but nothing of significance. It's acceptable to view a Dogecoin ETF as a convenience upgrade and a sentiment catalyst if it happens. There will probably even be some positive and durable effects on price. But a new ETF isn't an investment thesis on its own. And it especially isn't any substitute for a genuine value-generating mechanism, which the coin still lacks. Doge stock price advanced 1.5% in early trading, supported by stronger US dollar performance paradoxically lifting crypto stocks linked to fintech adoption narratives. Scalpers remain active in micro support zones.