As cryptocurrency prices fluctuate in response to market forces, Dogecoin has displayed signs of diminishing seller pressure. Recent data suggests a resurgence of bullish sentiment, raising the question of whether this shift will lead to increased demand. 6 weeks of lower sell pressure compared to a prior period from mid-January to early March suggest a slowdown in bearish activity. Spot and derivatives data confirm the perceived loss of momentum by bears. For example, Dogecoin open interest climbed over 5% and options volume surged more than 200% within the last 24 hours, indicating renewed interest in the derivatives segment. Funding rates remained positive on the DOGE side, further confirming bullish activity in this space. Data from Coinglass reveals a surge in perpetual buys worth $2.7 million over the past three days across OKX and Binance, while spot movements show large trades totaling $1.38 million on Coinbase, Binance, and OKX during the same period. Despite bearish behavior since mid-November, Dogecoin’s recent decline appears to be attracting demand. This coincides with a decrease in spot outflows, signaling a potential shift towards accumulation. The 90-day tariff pause offers time for markets to stabilize before escalating tensions. While this dip in outflows aligns with sideways price action, it also raises questions regarding the strength of DOGE accumulation. Given the extended downside since December, a resurgence of demand is likely. Dogecoin price action has shown support near $0.15 level and has experienced an uptick in both Money Flow Indicator (MFI) and Average Directional Movement Index (ADX) metrics since April 9th. These indicators suggest accelerating accumulation within the recent lows. While some experts are skeptical about memecoin relevance in future bull runs, citing utility-focused currencies as key drivers, Dogecoin’s long history and consistent demand indicate a possibility for continued market relevance. The crypto community awaits further developments in a market still affected by political and economic uncertainty.