Dogecoin Rises 20% But Social Media Remains Pessimistic: Green Signal for Price Increase?

Dogecoin has seen some notable rebounds in the past week, but social media users remain pessimistic. That's why this could be good for the price increase. The sentiment of Dogecoin has been negative recently As analyst Ali Martinez pointed out in a recent post on X, the Dogecoin Weighted Sentiment Index still remains in the red. The term "Weighted Sentiment" here refers to an indicator from the analytics company Santiment that informs us about the dominant sentiment related to a specific asset present on major social media platforms. This index is based on two other indices: Sentiment Balance and Social Volume. The first index, Sentiment Balance, calculates the net sentiment level present on social media. It works by passing different posts/messages/topics through a machine learning model to distinguish between positive and negative posts. It then takes the two counts and subtracts them to determine the net market sentiment. Although Sentiment Balance provides a preliminary overview of social media, it does not always represent the majority of users well, as all it can do is consider the data of existing posts. That is, it only speaks to the emotions of active users, regardless of whether they are actually a minority or not. To minimize this issue and achieve higher accuracy, Weighted Sentiment incorporates a second factor: Social Volume. This index measures the total number of unique posts on social media that mention cryptocurrencies. Therefore, by balancing the emotional level according to this data, the emotional level is weighted to ensure that its value only reflects a significant increase (in any direction) when there is a significant trend towards a sentiment and many users express that sentiment. Here is the weighted sentiment chart for Dogecoin shared by the analyst, showing the price trend of this currency over the past few months:

As shown in the chart above, the Dogecoin sentiment index turned negative in December when the price momentum of this meme currency encountered obstacles and its price reversed direction to decline. Negative sentiment has not changed since 2025, but the interesting thing is that the price trend has changed. Over the past week, assets have seen a recovery of more than 20%. Pessimism continues to imply that this price increase is still not enough to change the perception of social media users. According to history, digital assets tend to move in the opposite direction of most people's expectations. From the chart, it is clear that the peak of Dogecoin in November was accompanied by sudden and positive increases in the weighted psychological index. Therefore, considering that traders are currently pessimistic about DOGE, the possibility of this latest price increase lasting may continue before hitting the resistance level. DYOR! #Write2Earn #Write&Earn $DOGE {spot}(DOGEUSDT)