Dogecoin Jumps 20%, But Social Media Still Bearish: Green Signal For Rally?
Dogecoin has made some notable recoveries over the past week, but social media users remain bearish. Here’s why this could be good for a rebound.
Dogecoin Weighted Sentiment Remains Negative Recently
As analyst Ali Martinez points out in a new report postal On X, the Dogecoin weighted sentiment still has a red value. this”weighted sentimentThis refers to an indicator from analytics firm Santiment that tells us the dominant sentiment on major social media platforms related to a specific asset.
This indicator is based on two other indicators: Sentiment Balance and social volume. The first is sentiment balance, which calculates the net sentiment present on social media.
It works by running various posts/messages/threads through a machine learning model to differentiate between positive and negative posts. These two counts are then subtracted to determine the net market condition.
While Sentiment Balance does provide a rough overview of social media, it may not always be the best representation of most users since all it can do is consider data from posts that currently exist. That is, it only reflects the sentiment of active users, regardless of whether they are actually in the minority.
To alleviate this problem and improve accuracy, weighted sentiment incorporates a second element: social volume. This metric measures the total number of posts on social media mentioning cryptocurrencies.
Therefore, the sentiment balance is weighted by this metric, and weighted sentiment ensures that its value only peaks (in either direction) when there is a significant trend for one sentiment and a large number of users express that sentiment.
Now, here’s a weighted sentiment chart for Dogecoin shared by analysts, showing how its value has trended over the past few months:
As the chart above shows, Dogecoin’s weighted sentiment turned negative in December and its price reversed to the downside as the Meme coin’s bull rally hit a snag.
So far in 2025, the negative sentiment has not changed, but interestingly, the price trends have. Over the past week, this asset has appeared recovery rally More than 20%. The continued bearish sentiment means this move is not enough to change the views of social media users.
Historically, digital assets have tended to move in the opposite direction to most people’s expectations. It’s clear from the chart that Dogecoin’s November top was accompanied by a sharp rise in weighted sentiment.
Therefore, given that traders are currently bearish on DOGE, the recent rally may have further room to run before hitting a roadblock.
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After a recovery over the past few days, Dogecoin’s value climbed to the $387 mark.
