In the past 24 hours, #Dogecoin has increased by 9.07%, reversing the previous 7-day decline of (-0.83%, and continues along the 30-day upward trend of )+11.1%(. The main factors driving the rise include:

Optimistic regulatory outlook — Progress on the CLARITY Act has boosted confidence in altcoins.
ETF capital inflows — Spot DOGE ETFs saw a 2290% increase in capital inflow within a month.
Technical breakthroughs — Bullish patterns and accumulation by large holders indicate further upside potential.
Detailed Analysis
1. Optimistic Regulatory Outlook )Positive Factors(
Overview:
The U.S. Senate Banking Committee has advanced the CLARITY Act)CCN(, which clarifies cryptocurrency regulatory rules. Under this, Dogecoin may be classified as a commodity, regulated by the Commodity Futures Trading Commission)CFTC(. This reduces regulatory uncertainty — one of the main hurdles faced by institutional investors.
What it means:
The law passed on January 15, 2026, is expected to accelerate DOGE’s integration into regulated financial products like ETFs and derivatives. Historically, regulatory clarity often precedes institutional capital inflows, as seen after Bitcoin ETF approvals.
Points to watch:
Final legislative text and the SEC and CFTC’s guidance on its application post-approval.
2. ETF Capital Inflows and Futures Activity )Positive Factors(
Overview:
Spot DOGE ETFs)Grayscale GDOG, Bitwise BWOW( attracted $4.28 million in January — a 2290% increase from December. Open interest in futures contracts reached $1.7 billion)+35% since November(.
What it means:
Growing ETF demand indicates increased confidence among institutional investors, while rising open interest in futures reflects market optimism for continued gains. Additionally, DOGE’s trading activity over the past 24 hours)6.68%( far exceeds Bitcoin)1.85%(, showing high retail trader engagement.
Points to watch:
Weekly ETF capital inflows continue to exceed) million dollars, with open interest remaining above $1.6 billion.
3. Technical and On-Chain Signals $5 Complex Signals(
Overview:
DOGE broke out of a three-month descending wedge, with the Supertrend indicator turning bullish. Large wallets (holding over 1 million DOGE) increased by 120 million coins within 48 hours.
What it means:
Price targets: $0.172 (Fibonacci 38.2% level) and $0.2095 (October 2025 high).
Risks: RSI14 at 48.6 indicates room for upward movement, but the 200-day moving average)$0.193( could act as a significant resistance.
Points to watch:
A close above $0.157 (January 13 high) will confirm bullish momentum.
Conclusion
Dogecoin’s rally is supported by macroeconomic factors — moderate inflation data, easing rate hike expectations, regulatory progress, and technical signals. While memecoin prices often follow Bitcoin, today DOGE is leading BTC)+3.3%( and ETH$18 +3.7%), indicating capital rotation into altcoins. Key question: If the CLARITY Act is delayed, can DOGE continue its upward trend? In the short term, monitor the support zone of $0.145–$0.15 to assess market confidence.