Interest in cryptocurrency projects has been exceptionally high in recent months as investors eye the 2025 bull run. Fifteen years after the launch of Bitcoin, crypto enthusiasts have witnessed how an innovative tech idea can grow from one with no intrinsic value to a digital asset with a market cap of $1.948 trillion at the current price of $98,348. 

With this realization, crypto enthusiasts are looking for cheaper alternatives with great potential. Notably, Dogizen has proved to be one such project. Indeed, while the sentiment in the broader crypto market has shifted to a risk-off mood, investors have been rushing to amass some DOGIZ tokens as its presale comes to an end.

Bitcoin set for range-bound trading as the bulls lack enough momentum

Bitcoin bulls have failed to gather enough momentum for a rebound above the psychologically crucial zone of $100,000 as a risk-off mood prevails. While the crypto major is considered a safe haven in times of economic uncertainties, it is still traded as a risk-on asset.

In the near term, the bulls are striving to defend the support at $97,173.79. Below that level, the lower zone of $94,444.87 will be worth watching. 

On the upside, it may continue facing resistance $99,700. Beyond that level, the next target will be at $101,945.04. 

Dogizen presale end ushers in unmatched growth

Since the launch of its presale in early October 2024, Dogizen has attracted impressive numbers with savvy investors riding on its huge growth potential and apt timing. As a result, it has raised over $4.5 million ahead of its listing on Monday, 10th February.

Notably, it has succeeded at curving its niche within the broad gaming sector. As the first ICO to be launched directly within Telegram, the project has created an online movement with the influence needed to catapult the DOGIZ token to great heights post-listing. 

Besides, Dogizen is entering the open market at a time when dog-themed crypto projects are on everyone’s radar. From Trump administration’s Department of Government Efficiency (DOGE) to the highly anticipated Dogecoin ETFs, it is time for dog-themes tokens to shine and Dogizen is basking in the glow. 

What’s more, a crypto-friendly policy environment, the ultra-popularity of GameFi tokens, and the absence of airdrops adds to its growth potential. With a market cap of below $10 million, moderate gains of 20X will have it compete with the likes of Hamster Kombat and Notcoin. As such, the current DOGIZ token price of $0.000089 is likely the lowest it will ever get to. 

Hurry up and buy the Dogizen token here.

Ethereum price action points to further weakness in the short term

Since the beginning of 2025, Ethereum price has been in the red for four out of five weeks. While optimism over Bitcoin’s bullish price action will likely sustain this altcoin above the crucial support zone of $2,500 in the near term, a risk-off mood continues to weigh on it.

More specifically, the range between 42,581 and $2,751 is worth watching. Even with a rebound beyond that zone, the crypto major will likely face resistance at $2,926 as it continues to trade below the 20 and 50-day EMAs. To reverse this bearish trend, the bulls will need to gather enough momentum to push the asset past the crucial support-turn-resistance level of $3,075.

Dogecoin has suffered a significant downturn, dropping nearly 25% in the past week and reaching a two-month low. The recent price decline has weakened investor confidence, leaving DOGE vulnerable to further corrections. 

While bearish sentiment dominates, there is possible scope for recovery if key market conditions align in favor of buyers.  

Dogecoin Investors Have A Shot

The weighted sentiment for Dogecoin has entered negative territory as skepticism grows among investors. The ongoing decline and lack of a meaningful recovery have contributed to bearish outlooks.

Without a strong upward push, DOGE holders may continue exiting their positions, further increasing selling pressure and slowing any potential rebound.  

As uncertainty rises, liquidity and active addresses could decline, making it difficult for DOGE to sustain buying momentum. Historically, prolonged periods of negative sentiment have resulted in lower network participation.

If this trend persists, Dogecoin may struggle to recover in the short term, keeping price action constrained under key resistance levels.  

The broader market outlook for Dogecoin suggests a potential buying opportunity, as indicated by the Market Value to Realized Value (MVRV) ratio. Currently sitting at -23%, the metric is below the historical opportunity zone, which ranges between -9% and -21%. In past cycles, DOGE has rebounded from these levels.  

Investors seeking to accumulate at lower prices could take advantage of current conditions, potentially driving DOGE’s price higher. If accumulation increases, the meme coin may experience a gradual recovery.

DOGE Price Prediction: Breaching Barriers

Dogecoin is trading at $0.248, marking a 25% crash over the past week. If the bearish pressure continues, the price could drop further toward $0.220, extending recent losses.

The ability to maintain support at this level will be crucial in determining whether DOGE can stabilize.  

The current market signals remain mixed, suggesting that DOGE may consolidate between $0.220 and $0.268. Without a breakout, price movement could remain stagnant within this range. 

For Dogecoin to regain lost ground, it must breach the $0.268 resistance level. Successfully flipping this barrier into support would open the door for a rally toward $0.311.

If achieved, this move would invalidate the bearish outlook and help DOGE recover a portion of its recent losses.

The SEC has postponed its decision on approving options trading for Ethereum exchange-traded funds (ETFs).

The regulator has extended its review period by 60 days, setting April 9 as the new deadline.

SEC Delays Ethereum ETF Options Approval for the Third Time

On February 7, the SEC announced another delay in determining whether Ethereum ETFs can trade options.

This marks the third extension after previous deferrals in September and November 2024. The agency cited that it needs more time to assess the potential impact on the market and gather public input, opening a 21-day window for comments.

“The Commission is extending the time period for approving or disapproving the proposed rule change for an additional 60 days. The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC stated.

The delay affects applications from several major firms, including Bitwise, Grayscale, Ethereum Mini Trust, and BlackRock. The SEC emphasized that the extension allows for a more comprehensive review before making a final decision.

This decision follows the regulator’s earlier request for public comments on a proposal by Cboe BZX Exchange Inc., which was submitted on behalf of Fidelity. The proposal seeks approval to list and trade options tied to Fidelity’s spot Ethereum ETF.

Options contracts provide traders with the right—but not the obligation—to buy or sell an asset at a specific price within a set timeframe. These financial instruments play a crucial role in risk management and price speculation.

Analysts believe that the introduction of Ethereum ETF options could accelerate institutional adoption and enhance market efficiency. Notably, a similar regulatory framework already applies to Bitcoin ETFs and commodity-backed assets like gold.

Meanwhile, Bloomberg ETF analyst Eric Balchunas has suggested that while approval seems likely, the delay may be linked to ongoing leadership changes at the SEC.

“SEC punting on spot Ether ETF options. I wouldn’t read too much into it, can’t imagine they don’t get approved eventually, likely waiting until Atkins is confirmed before moving on stuff,” Balchunas stated.

Former Commissioner Paul Atkins, nominated by Donald Trump to replace Gary Gensler, is awaiting Senate confirmation. His appointment is widely viewed as a potential shift toward a more crypto-friendly regulatory approach.

Despite ongoing uncertainty, demand for spot Ethereum ETFs continues to grow. Data from SoSo Value indicates that these funds have experienced five consecutive days of net inflows, pushing total investments beyond $3 billion since their introduction.