Is SHIB dead cat bounce or a real breakout? Let's see what ETH and XRP have to say.

【Crypto World】Shiba Inu has recently caused some buzz, with its price jumping for a while—mainly because the symbolic zero line removal caught people's attention, and it briefly broke through a key moving average. But it quickly fell back down, which is quite typical. Looking at the exchange's fund flows makes it clear—it's mainly distributing rather than accumulating, and most of the subsequent buyers are likely being trapped in a short squeeze, a classic dead cat bounce pattern. Psychologically, there is some momentum, but the follow-through is weak, and selling pressure remains, indicating that underlying demand is somewhat虚虚的.

In contrast, Ethereum has been much more resilient at the $3200 level. Although overbought signals are quite evident, the price trend remains steady, with volatility clearly decreasing, indicating genuine buyers are stepping in. The leverage structure is also relatively balanced, with low liquidation risk, paving the way for a subsequent rebound.

XRP's rebound is a bit awkward. Trading volume is weak, market sentiment is still doubtful, and the price has stalled near the major moving averages, showing a clear lack of market confidence. This suggests that the downside risk is quite high, so caution is advised.