SHIB Rally Falters as ETH Fakeout Sparks Alt Weakness, BTC Holds Path to $100K

Published: 2025-12-12 00:09:07 |

SHIB: Shiba Inu (SHIB) shows weakening momentum despite not being "dead" — price trades well below the 50-, 100- and 200-day EMAs, with repeated rejections near $0.0000090 and thinning volume. A break below the $0.0000080–$0.0000083 support could push SHIB toward mid-$0.0000070s. A sustained breakout would require higher volume and a retest of the 50-day EMA. ETH: Ethereum (ETH) produced a classic fakeout — an attempted breakout into a cluster of resistance defined by a falling structural trendline and the 50/100-day EMAs, followed by sharp rejection and declining volume. The pattern historically precedes deeper retracement or prolonged consolidation while ETH remains below stacked EMAs. Positive scenario: if ETH holds $3,050–$3,150 and regains the 50/100 EMAs with stronger volume, targets near $3,500 become possible. BTC: Bitcoin (BTC) maintains a rising local support line beneath current price, suggesting buyers step in on dips. BTC trades under a dense cluster of moving averages (50/100/200 EMA) but has avoided a breakdown, indicating base-building/accumulation rather than distribution. Neutral RSI and steady volume support the possibility of another push toward $95k and ultimately $100k if overhead resistance is cleared. Trading takeaways for traders: SHIB — increased downside risk if $0.0000080 support fails; avoid chasing run-ups without volume confirmation. ETH — treat recent spike as a failed breakout; watch $3,050–$3,150 as key support and monitor volume for a credible breakout above 50/100 EMA. BTC — keep an eye on the rising support trendline; bullish scenario remains intact while that line holds, but clearing stacked EMAs is required for a decisive move to $100k. Overall sentiment: mixed/neutral-to-bearish for many altcoins, cautiously constructive for BTC if accumulation persists.

Neutral

The report presents mixed signals across major crypto assets. SHIB exhibits weakening momentum, stacked EMAs above price, thinning volume and repeated resistance rejections — these are bearish technical signs that raise short-term downside risk if key support breaks. ETH’s sharp rejection after a low-volume breakout is a classic fakeout; historically such moves lead to either deeper retracements or extended consolidation while beneath stacked EMAs, so altcoin risk rises until ETH can reestablish EMA support with volume. Conversely, BTC shows accumulation characteristics: a rising local support line, neutral RSI and steady volume without a decisive breakdown. That supports a neutral-to-bullish medium-term view for BTC provided the support holds; however, BTC still faces layered EMA resistance that must be cleared for a confirmed run to $100k. In short-term trading, expect higher volatility and potential altcoin underperformance; traders should watch SHIB support levels, ETH’s $3,050–$3,150 zone and BTC’s rising trendline. Over the long term, if BTC successfully breaks above the stacked EMAs with volume it could reignite broader market bullishness; if ETH and SHIB fail to find support, broader altcoin sentiment may remain suppressed.