Crypto Market Prediction: Ethereum (ETH) Just Lost It, Targeted Shiba Inu (SHIB) Sellout Confirmed, Can Bitcoin Hold $100,000?

The market is taking a beating as Bitcoin could be losing the $100,000 threshold sooner than anticipated. Despite its slow and steady growth toward this level throughout 2025, BTC has plummeted. Ethereum and Shiba Inu are following similarly, not crashing rapidly but showing persistent declines, losing significant buying support seen in weeks prior.

Ethereum's 200-day exponential moving average (EMA), which has historically served as a key support level since February, has now officially dropped. This represents a structural breakdown, eliminating hopes for a near-term price reversal and signaling a shift toward a broader bearish market phase.

Ethereum dropped sharply to $3,518, breaking the $3,700-$3,800 range it had been consolidating in. Historically, maintaining momentum above the 200-day EMA has been crucial for significant rallies. Now, with persistent distribution replacing bullish momentum, the market's underlying strength appears weakened.

Growing selling volumes and downward-sloping 50-day and 100-day moving averages are amplifying resistance above current levels. This dynamic supports Ethereum's transition from an accumulation phase to a potential long-term decline.

Technically, Ethereum's next significant support lies around $3,400, with a more critical zone near $3,200. These levels, marked by prior consolidation, might offer temporary respite but lack a robust catalyst for recovery.

The Relative Strength Index (RSI) hovering around 34 suggests oversold conditions, but in bearish markets, this often precedes further declines instead of reversals. If the 200-day EMA does not regain soon, Ethereum may face a lengthy correction phase that could extend well into 2026.

Bitcoin (BTC) is currently trading around $104,000, testing a crucial short-term support level after falling below its 200-day moving average (MA) of $108,000. The market sentiment has shifted from optimism to caution following a confirmed downtrend, marked by a pattern of lower highs since September.

The 200-day MA, previously a signifier of long-term trend strength, has now turned into resistance, driving Bitcoin into a bearish structure. With near-oversold RSI levels around 35, the next support zone lies between $97,000 and $98,000, corresponding to its late-spring consolidation phase. This zone might provide modest buying interest, but a long-term recovery would require reclaiming the $108,000-$110,000 range, which appears unlikely without significant positive catalysts.

Speculative assets like Bitcoin are severely impacted by tightening liquidity and declining risk appetite. Short-term leverage and derivatives activity are exacerbating downside volatility, even while long-term holders remain stable. If Bitcoin manages to hold the $100,000 level, a gradual recovery might be possible after some weeks of consolidation.

Shiba Inu (SHIB) appears to be on the verge of a targeted selloff phase, with its price breaking below a short-term ascending trendline. Despite multiple failed attempts to reclaim resistance near $0.0000105, the token is now facing fresh selling pressure from retail and institutional investors alike.

The current price is perilously close to $0.0000090, a crucial support zone for the year. A breakdown at this level could accelerate holder outflows, particularly as technical indicators and behavioral data suggest a targeted distribution by large holders exploiting thin liquidity areas.

Shiba Inu's 50-day, 100-day, and 200-day moving averages remain far above its current price, solidifying its status in a fully developed bearish trend. Since early August, the 200-day MA has acted as a strong resistance, rejecting every rally attempt. Volume patterns reveal that small price upticks are met by higher selling volumes, reflecting institutional and larger-entity exits.

The Relative Strength Index (RSI) near 33 suggests ongoing weakness, and without influencing market sentiment stabilization, SHIB might drop toward the next psychological support at $0.0000080. If selling persists at current levels, SHIB could even return to $0.0000070, revisiting long-term lows.