Shiba Inu on Base priceSHIB

🫨 Shiba Inu Open Interest Crashes 11% as $SHIB Price Hits Near 3-Year Low Shiba Inu fell to lows last seen in October 2023 as the crypto market deepened a sell-off that has persisted in recent weeks. A total of $2.45 billion has been liquidated alone in the last 24 hours following a weekend drop, with significant losses recorded among most digital assets. Long positions accounted for the majority of liquidations, coming in at $2.27 billion, with shorts accounting for only $180 million. This imbalance points to traders being caught unawares by the crash while staying optimistic about a rebound after weeks of range-bound price action in the markets. Amid the price drop, Shiba Inu saw its open interest crash, falling 11%. Shiba Inu's open interest came in at $75.74 million, with futures flow dropping 193% in the last 24 hours, suggesting traders reducing exposure in the derivatives market. Thin weekend liquidity increased selling pressure as trading volumes declined into the weekend, a setup that might boost volatility. 🔸 SHIB price drops Shiba Inu saw a sharp price drop on Saturday, falling to a low of $0.00000617 last seen nearly three years ago, in a four-day drop. Shiba Inu team member Lucie reacts to the market crash, which has seen $2.45 billion in positions wiped out, saying: "these crashes all follow the same script. Over-leverage, panic, forced selling, repeat. Survival in crypto is not about timing every move. It is about a strong community and staying present when everything shakes." "But we got this," Lucie added. The thin liquidity hanging over the market alongside risk appetite waning might suggest more of a reset. Shiba Inu has broadly declined since the Jan. 5 high of $0.00001008; meanwhile, RSI indicators are nearing oversold levels at 30, hinting at the possibility of a relief rally in the coming sessions. In the event of a rebound, Shiba Inu might target $0.00000785, $0.00001008 and then $0.00001047. Support lies next at $0.0000055 if the declines continue. #SHIB | #Shibainu

📌 Market Observation (Educational View – DYOR) Based on my experience and current market structure, I don’t expect the 78K order block to be filled yet. From this zone, the market looks ready to create a bullish trap — pushing price toward the 127K liquidity area, followed by a fake breakout. After that, a long-term bearish continuation is likely to resume. 🧠 Key Insight: This trap phase is often where a temporary altcoin session begins. During this period, high-volatility coins like: • SHIB • DOGE • similar meme / beta alts can offer short-term opportunities while BTC traps liquidity. ⚠️ This is NOT financial advice 📊 Educational market observation only 🔍 Always manage risk and do your own research (DYOR) $BTC $DOGE $SHIB

Old money wins (12-month snapshot): 🟡 Gold: +80% ⚪ Silver: +242% Crypto portfolio check: #Bitcoin : −14% #Ethereum : −11% 🔻Altcoin bloodbath: $DOGE: (−68%) $LINK: (−48%) $AVAX: (−68%) $SHIB: (−65%) $TON: (−71%) $UNI: (−65%) $PEPE: (−72%) $ONDO: (−74%) $APT: (−83%) $TRUMP: (−82%) $SEI: (−73%) $INJ: (−80%) $MELANIA: (−98.8%) #GOLD is the new Boss😒🔥 I don’t make the rules $KITE $Q $WLD

📊 Crypto Market Update | Today’s Outlook The crypto market is trading with balanced momentum today as major assets consolidate while selective altcoins and meme coins attract short-term attention. Overall sentiment remains cautiously bullish, supported by steady Bitcoin dominance and improving liquidity across major trading pairs. 🟠 $BTC (Bitcoin) — Market Anchor Bitcoin is currently moving in a tight range, showing signs of consolidation after recent volatility. Buyers continue to defend key support zones, indicating that long-term confidence remains intact. As long as $BTC holds above its short-term support, the broader market structure stays stable. Bias: Neutral to slightly bullish Key Insight: Sideways movement favors altcoin rotations rather than aggressive BTC breakouts. 🔵 $ETH (Ethereum) — Gradual Strength Ethereum is displaying mild bullish momentum, supported by consistent on-chain activity and steady demand. While no explosive move is visible yet, price behavior suggests accumulation rather than distribution. Bias: Bullish continuation Key Insight: $ETH strength often acts as a signal for selective altcoin upside. 🟢 Major Altcoins Outlook Several large-cap altcoins available on Bitget are showing constructive setups: $BNB : Stable price action with strong ecosystem backing $XRP: Gradual recovery with increasing trading interest $SOL: Volatility cooling after strong moves, possible continuation $ADA: Consolidation phase, waiting for volume confirmation Altcoin Market View: Rotation-based moves are expected rather than a broad altcoin rally. Traders should focus on structure, volume, and confirmation. 🐶 Meme Coins Watch (High Risk Zone) Meme coins remain high-risk, high-volatility assets, but speculative interest is still present. $DOGE: Holding key levels with community-driven support $SHIB: Stable consolidation, waiting for volume expansion $PEPE: Highly volatile, suitable only for short-term traders ⚠️ Meme coins can move fast in both directions. Risk management is essential. 📈 Market Strategy for Today ✔ Focus on spot positions rather than over-leveraging ✔ Avoid chasing pumps without confirmation ✔ Use proper stop-loss and position sizing ✔ Watch $BTC dominance for market direction The market is not showing panic signals. Patience and discipline remain key. 🔔 Subscribe to my channel for daily crypto updates, hidden gems, and project insights like this — and never miss a money-making move in crypto! 📣 Like, Share & Comment below what coin you’re watching next!