The post Shiba Inu Just Completed Death Cross, How Much Deeper Can Derisking Go? appeared on BitcoinEthereumNews.com. Dog-themed cryptocurrency Shiba Inu (SHIB)The post Shiba Inu Just Completed Death Cross, How Much Deeper Can Derisking Go? appeared on BitcoinEthereumNews.com. Dog-themed cryptocurrency Shiba Inu (SHIB)

Shiba Inu Just Completed Death Cross, How Much Deeper Can Derisking Go?

For feedback or concerns regarding this content, please contact us at [email protected]

Dog-themed cryptocurrency Shiba Inu (SHIB) is extending its drop over the weekend into the second day. At the time of writing, SHIB was down 3.04% in the last 24 hours to $0.000005780 as the broader crypto saw fresh selling on Sunday.

CoinGlass data shows $361 million in total liquidations over the past 24 hours across 119,741 traders in the crypto market, with long liquidations accounting for $294 million, about 85% of the total. Short liquidations only amounted to $67.43 million. This shows how one-sided the positioning was, heading into the weekend with several traders expecting prices to increase.

You Might Also Like

No, XRP Is Not Financial Instrument in Japan Yet, $25 Million Stolen via 200,000 USDC Trade in Resolv Labs Hack, 120 Billion Shiba Inu (SHIB) Exits Exchanges: Are Whales Back? — Morning Crypto Report

$15 XRP? Ripple CTO Emeritus Responds to Critic With Surprise Take

Macro conditions continue to weigh on sentiment, with crypto markets trading cautiously following the Federal Reserve’s latest policy stance, wherein the central bank held interest rates steady.

Shiba Inu completes hourly death cross

Shiba Inu has just completed a death cross on its hourly time frame with the MA 50 declining below the MA 200 as SHIB’s price fell.

SHIB/USD Hourly Chart, Image By: TradingView 

This comes on the heels of a golden cross, which appeared on the SHIB hourly chart on Saturday as the crypto market showed subtle indications of a rebound.

You Might Also Like

However, the golden cross was quickly invalidated as the market fell on Sunday as investors considered macro concerns.

The ongoing market sell-off comes on top of a broader decline that started in early October, which has caused sentiment to decline enough to stop fresh rallies from gaining enough steam to achieve a sustained breakout.

In this light, caution remains in the market, with the Crypto Fear and Greed Index unable to exit the fear zone and is currently at 27, which is “fear,” according to CoinMarketCap.

Short-term structure remains weak for Shiba Inu, with recent recovery attempts stalling below $0.000006. Immediate support is expected at $0.00000562 as SHIB’s price remains below prior support levels that have now turned into resistance.

Source: https://u.today/shiba-inu-just-completed-death-cross-how-much-deeper-can-derisking-go

Market Opportunity
CROSS Logo
CROSS Price(CROSS)
$0.06098
$0.06098$0.06098
-2.29%
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

U.S. Moves Grip on Crypto Regulation Intensifies

U.S. Moves Grip on Crypto Regulation Intensifies

The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Share
BitcoinEthereumNews2025/09/18 01:09
Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

The post Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference appeared on BitcoinEthereumNews.com. The suitcoiners are in town.  From a low-key, circular podium in the middle of a lavish New York City event hall, Strategy executive chairman Michael Saylor took the mic and opened the Bitcoin Treasuries Unconference event. He joked awkwardly about the orange ties, dresses, caps and other merch to the (mostly male) audience of who’s-who in the bitcoin treasury company world.  Once he got onto the regular beat, it was much of the same: calm and relaxed, speaking freely and with confidence, his keynote was heavy on the metaphors and larger historical stories. Treasury companies are like Rockefeller’s Standard Oil in its early years, Michael Saylor said: We’ve just discovered crude oil and now we’re making sense of the myriad ways in which we can use it — the automobile revolution and jet fuel is still well ahead of us.  Established, trillion-dollar companies not using AI because of “security concerns” make them slow and stupid — just like companies and individuals rejecting digital assets now make them poor and weak.  “I’d like to think that we understood our business five years ago; we didn’t.”  We went from a defensive investment into bitcoin, Saylor said, to opportunistic, to strategic, and finally transformational; “only then did we realize that we were different.” Michael Saylor: You Come Into My Financial History House?! Jokes aside, Michael Saylor is very welcome to the warm waters of our financial past. He acquitted himself honorably by invoking the British Consol — though mispronouncing it, and misdating it to the 1780s; Pelham’s consolidation of debts happened in the 1750s and perpetual government debt existed well before then — and comparing it to the gold standard and the future of bitcoin. He’s right that Strategy’s STRC product in many ways imitates the consols; irredeemable, perpetual debt, issued at par, with…
Share
BitcoinEthereumNews2025/09/18 02:12
Why ApexLOAD PRO Is the Best Reloading Resource for Ammunition Reloaders

Why ApexLOAD PRO Is the Best Reloading Resource for Ammunition Reloaders

Modern ammunition reloading has gone a long way compared to printed manuals, spreadsheets, and basic calculations. Today’s handloaders, whether beginners or professional
Share
Techbullion2026/03/23 06:13