Coin World News reports that XBIT DEX stated that SHIB, after experiencing several weeks of continuous selling pressure, is attempting to rebound again. The current price is close to $0.0000055, and the Relative Strength Index (RSI) has fallen to about 37, indicating an oversold condition. At the same time, BTC has also entered an oversold zone, with the current trading price close to $74,000 and the RSI dropping to about 38, suggesting that selling pressure may intensify. After a rapid surge, the NEAR Protocol is facing its first major support test, and is currently stabilizing in the $2.20-$2.30 range.

SHIB-0.96%
BTC-1.27%
NEAR0.91%
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MoonlightLiquidationLine
· 4h ago
NEAR has just finished rising and is now testing support—this is a classic new high pullback scenario. If 2.2 doesn’t hold, things are going to get troublesome.
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AccumulateStrength
· 6h ago
CoinJie News reports that XBIT DEX stated that SHIB, after experiencing weeks of sustained selling pressure, is attempting to rebound again. Its current price is close to $0.0000055, and the Relative Strength Index (RSI) has fallen to around 37, indicating an oversold condition. Meanwhile, BTC has also entered the oversold zone, with the current trading price close to $74,000 and RSI dropping to 38, suggesting that selling pressure may intensify. After a rapid rise, the NEAR Protocol is now facing its first major support test, currently stabilizing in the $2.20-$2.30 range.
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YieldGardenKid
· 7h ago
The 2.2-2.3 range for NEAR is quite critical, and institutional cost zones are roughly around this area.
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SlothSignal
· 7h ago
Withdrawing three coins at once, does it feel like a hint about where the funds are flowing?
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L2ArbitrageYoungster
· 7h ago
If 74k BTC gets dumped again, I suspect someone is about to get liquidated.
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GateUser-656cc6e4
· 7h ago
SHIB's price figure is so confusing that counting the zeros makes me doubt my life.
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TvlDownBad
· 7h ago
BTC 38 RSI actually isn't too bad; real panic happens below 30.
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HexiHoodie
· 7h ago
RSI oversold does not mean an immediate rebound; in 2018, RSI 20 continued to fall for another month.
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NodeUnderTheAurora
· 7h ago
RSI 37 is indeed in the oversold zone; whether SHIB can bounce this time still depends on how the broader market performs.
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