Dogecoin (DOGE) experienced a 4.4% surge to $0.156 before late selling pressure erased these gains, as Bitcoin's Death Cross heightened market fears. On November 16, Bitcoin's 50-day moving average fell below its 200-day moving average, indicating a bearish trend that has spooked investors. The market's risk-off sentiment was exacerbated by whale selling and outflows from Bitcoin ETFs, putting pressure on high-beta assets like DOGE. Analysts highlight the vulnerability of such assets during liquidity contractions, with DOGE struggling to surpass the $0.163–$0.165 resistance range. Traders are closely monitoring whether DOGE can maintain its $0.158 support level amid Bitcoin's ongoing decline.