Shiba Inu on Base narxiSHIB

From Bitcoin$BTC to Ethereum$ETH and popular altcoins, prices are going down - what’s causing this drop? Is it a short slump or a sign of bigger trouble? Cryptocurrency market has faced a sharp downturn in September 2025, with over $160 billion wiped out in just a few days. Major coins like Bitcoin, Ethereum, and many altcoins lost significant value, sparking concern among investors and traders. Bitcoin dropped below $111,000 from a recent peak of $124,000 in August, while Ethereum fell below $4,000 after weeks of relatively steady trading. Altcoins such as Cardano, Dogecoin, and Shiba Inu also took bigger hits, reflecting worries among investors over market stability. This massive selloff, sometimes referred to as "Red September," has been triggered by several key factors. A strong U.S. dollar, influenced by geopolitical tensions and disappointing U.S. jobs data, made cryptocurrencies less attractive as investors flocked to safer assets. Regulatory uncertainty in the U.S. and Europe, especially around stricter rules for crypto exchanges and anti-money laundering measures, added to investor caution. Additionally, large liquidations of leveraged positions, totaling over $1.65 billion, forced many traders to sell their holdings quickly, amplifying the price drops. Despite this volatility, some altcoins like Avalanche and XRP have shown resilience amid the wider market selloff. Still, the overall total market capitalization has fallen to around $3.8 trillion, erasing most of the gains made earlier in the month. Trading volumes have also declined sharply, signaling less buying interest and higher nervousness among both retail and institutional investors. Bitcoin, Ethereum, and other coins performance Bitcoin, the largest cryptocurrency by market capitalization, traded between roughly $108,600 and $110,039 in the last 24 hours, currently standing near $109,145. Its market cap remains robust at approximately $2.18 trillion, although trading volume fell by 14% over the last day. Despite September traditionally being a weak month for Bitcoin with an average monthly loss of about 8.7% in recent years, this September has bucked the trend somewhat, with Bitcoin showing an overall gain of around 8%—its second-best September performance since 2012. However, the price remains below its August peak of $124,000, representing a decline of about 10% from that high.

Shiba Inu ( $SHIB ) price bottomed at a crucial support level, with the soaring burn rate and whale buying, and falling exchange reserves pointing to an eventual rebound. Shiba Inu ( $SHIB ) token was trading at $0.00001180 on Friday, Sep. 26, its lowest level since Aug. 2. Soaring burn rate and whale buying, falling exchange reserves SHIB could be about to rebound as key fundamental catalysts align. Data compiled by Shiburn shows that the burn rate jumped by 7,200% on Friday to 7.06 million coins. The burn rate jumped as one user sent 6 million SHIB to a burn address in three transactions. This burn brings the cumulative incinerated tokens to over 410 billion and the current circulating supply to 584 billion. Another bullish metric is that whales have continued to accumulate SHIB, a sign that they expect it to rebound. Whales now hold 89 billion SHIB, up from this month’s low of 28 billion. The closely-watched smart money investors who have a reputation of executing profitable trades have also boosted their positions. They have added their holdings by 105% in the last 30 days to 12.46 billion coins. Shiba Inu price Technical Analysis The daily chart shows that the SHIB price has moved sideways in the past few weeks. It has formed a symmetrical triangle pattern whose two lines are about to converge. The coin moved below the lower side of this pattern during the ongoing crypto market crash. While this is a bearish move, it may also be a false breakout. Shiba Inu’s Relative Strength Index and Chande Momentum Oscillator have moved to their lowest levels since June. The last time this happened, the coin rebounded by double digits. Therefore, there is a likelihood that SHIB will rebound in the coming days. If this happens, the coin will likely rally and hit the important resistance at $0.0001477, the highest point on Sept. 14.

$SHIB Price Prediction: Technical Indicators Signal Potential 15-25% Recovery to $0.000018 by October 2025 SHIB price prediction suggests oversold conditions may trigger bounce to $0.000018-$0.000020 range within 4 weeks, but critical support at current levels must hold.

$SHIB slips 5%, but exchange reserves drop to 84.7T SHIB, a sign of reduced selling pressure as holders pull tokens off exchanges. Despite fading momentum, on-chain data hints at potential breakout ahead.📈 $TRUMP $BOSS $$ASTR