3 Dogecoin Facts: Will DOGE Rebound or Continue to Fall in March 2026?

Jakarta, Pintu News – Dogecoin has caught the attention of the crypto market once again after recording an extreme futures netflow decline, reaching 100,456.56% in eight hours. This anomaly comes at a time when spot and derivatives trading volumes have tended to weaken, so the narrative of a seemingly quiet market is not as simple as it seems. For investors and cryptocurrency newbies, this is important to note as it could reflect a fairly aggressive shift in trader positions amid unstable market sentiment.

1. Dogecoin volume drops, but futures market shows anomalies

On Sunday’s trading, Dogecoin activity in the spot and derivatives markets both saw weakness. Spot trading volume fell 24% in 24 hours to around $703.75 million, while derivatives volume fell 23% to around $1.61 billion, signaling short-term interest in the crypto asset is on the decline.

However, on the back of that drop in activity, the data showed a major disruption to the futures market’s fund flows. In eight hours, Dogecoin recorded a futures inflow of $72.10 million (around Rp1.22 trillion), but outflows reached $99.51 million (around Rp1.69 trillion), resulting in a sharply negative net flow. At an exchange rate of 1 USD = IDR16,987, this difference suggests that more positions were closed or funds were out than in, despite the relative calm of the market.

This indicates that some traders may be repositioning in a big way. In the context of cryptocurrencies, anomalies like this often appear when the market is preparing for a spike in volatility, even though the price movements at the time may not fully reflect the tensions behind the scenes.

Also Read: Crazy Prediction! Bitcoin could reach Rp2.02 billion in March 2026, ETH to Rp202 million?

2. Traders appear defensive, but open interest rises

The pressure on Dogecoin does not come without context. The same report said the price of DOGE has been on a downtrend since March 4, 2026, and the pattern of weekend volatility in recent weeks is thought to have led many traders to choose to reduce their exposure.

Interestingly, while futures fund flows have shown outward pressure, Dogecoin’s open interest has actually increased by 3.93% in the last 24 hours. This is in contrast to the majority of other major cryptocurrencies, which have seen a decline in open interest over the same period. This combination of extreme negative netflows and rising open interest could be read as a signal that there are new market participants coming in, or existing traders holding positions in expectation of the next big move.

For those of you who follow the cryptocurrency market, situations like this often signal a crossroads phase. On the one hand, some traders look defensive for fear of continued selling pressure; on the other hand, the rise in open interest suggests DOGE has not been abandoned completely and is still considered attractive to trade in the short term.

3. $0.088 Price Level to Determine Next Direction

At the time of publishing the source article, the Dogecoin price was hovering around $0.088 or around Rp1,495, down 2 . 27% in 24 hours and down 4.73% on a weekly basis. This level is now the main support that the market is monitoring, as DOGE’s ability to stay in that area will greatly affect the next price direction.

In the event of a rebound, the highlighted upside target is at $0.103 or around Rp1,750, which coincides with the 50-day MA, then potentially further to $0.117 or around Rp1,987. Conversely, if the $0.088 support fails to hold, DOGE risks dropping towards the $0.079 or around Rp1,342 area.

This movement cannot be separated from the global macroeconomic sentiment that is still dominant in the crypto market. In the absence of strong internal catalysts from the Dogecoin ecosystem, the price of DOGE tends to be more easily moved by the risk-off atmosphere, changes in liquidity, and the behavior of derivatives traders.

Conclusion

Dogecoin’s futures flow decline of 100,456.56% indicates that the DOGE derivatives market is under strain which is not fully reflected by the declining trading volume. While the market looks quiet, the data indicates a major repositioning by traders, especially amidst the weakening price trend and weekend volatility pattern.

For investors and newbies alike, this situation confirms that it’s not enough to read the crypto market by spot price and volume. Derivative data such as netflow and open interest can provide important clues as to the direction of sentiment, especially when Dogecoin is in a crucial technical area that could determine whether DOGE will bounce or continue its correction.

Also Read: 5 Big Crypto Issues of March 2026: FOMC, Stablecoins, to Unlock Billion Worth Tokens

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash beforeinvesting. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.

Reference

• Tomiwabold Olajide / U.Today. Dogecoin Posts Weird 100,456.56% Futures Flow Drop Despite Quiet Market Trade. Accessed March 9, 2026.