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SHIB failed to surpass the $0.000006 threshold despite its September recovery
Shiba Inu failed to break past the $0.000006 mark despite a recovery at the end of September.
$SHIB rose from levels below $0.000005 seen earlier in the month but remained below $0.0000061.
The burn rate dropped by more than 91%, yet the price remained relatively flat.
Dropping below $0.0000055 could undermine the September recovery.
As of September 30, Shiba Inu was trading around $0.00000576, having risen as high as $0.00000591 the previous day. Although the token—which dipped below $0.000005 at the start of the month—showed a notable recovery in recent weeks, it failed to establish itself above the $0.000006 level.
A critical zone for further gains
In the short-term outlook, the key threshold lies in the $0.000006 to $0.0000061 range. SHIB tested this zone several times over the past week but could not achieve a sustained breakout. Consequently, surpassing this range remains crucial for buyers to regain momentum.
The technical outlook suggests that if the $0.0000061 level is reclaimed, the price could head toward $0.0000067. Under stronger market sentiment, the $0.0000072 level could also come into play. However, at this stage, SHIB remains trapped just below this band.
The price held steady despite the sharp drop in the burn rate.
SHIB’s burn rate recently fell by more than 91%. Yet, the fact that the price remained relatively stable demonstrated that the narrative centered on supply reduction is not the sole determinant in the short term. Shiba Inu is known as a meme coin developed on the Ethereum network that stands out due to its broad investor base.
The sharp decline in the daily burn volume coincided with a period when the price was pulling back from the resistance zone. This scenario suggests that, while burn data attracts attention, factors such as liquidity conditions, demand for meme coins, and market structure can play a more significant role in short-term price movements.
The slowdown in the burn rate did not trigger a significant price collapse; liquidity and risk appetite remained the dominant forces driving short-term movements.
Key Scenarios
In a bullish scenario, SHIB needs to first hold above the $0.0000055–$0.0000056 range and then reclaim the $0.0000061 level. If this condition is met, $0.0000067 emerges as the next logical target.
In a more balanced scenario, the price could be expected to continue fluctuating within the $0.0000055–$0.0000061 range. This outlook indicates a lack of clear market direction.
The bearish scenario begins with a drop below the $0.0000055 level. In such a case, the $0.0000051–$0.0000052 band could come back into play, potentially erasing a significant portion of the gains seen during the September recovery.
‍$SHIB

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Ethereum Could Head Toward the $3,000 Level If It Breaks the $2,800 Resistance
The $2,800 level stands out as a critical short-term resistance point for Ethereum ($ETH ).
US spot Ethereum ETFs recorded net inflows of $287.5 million over the five trading days ending September 29.
If the price holds above $2,800, market focus could shift to the $3,000–$3,050 range.
Losing the $2,600 zone, accompanied by waning risk appetite, could increase selling pressure.
Ethereum experienced one of its strongest periods in recent years, gaining approximately 60% in value during the third quarter. According to market data, this performance ranks among ETH's notable quarterly gains. However, the inability to sustain a position above $2,800 remains the most critical factor in the short-term outlook.
Institutional interest is also cited as a factor supporting the price of Ethereum. Spot Ethereum ETFs trading on US exchanges recorded total net inflows of $287.5 million during the five trading days ending September 29. The total assets held by these funds reached approximately 5.91 million ETH, with a monetary value of $24.17 billion.
The net inflow of approximately $87 million observed on September 25 alone signaled a resurgence in demand following the sharp outflows seen earlier in the month. This chart demonstrates that institutional interest in Ethereum has not waned and that the ETF channel continues to serve as a significant source of price support.
The $2,800 level stands out.
Although Ethereum recently climbed above $2,800, it failed to sustain that level and subsequently pulled back. Consequently, the $2,800 mark has become the resistance level most closely watched by the market in the short term. If buyers can decisively break through this threshold, the $3,000–$3,050 range is viewed as the likely next major target.
At times when technical levels become critically important, it is increasingly vital for investors to monitor data flows and price movements simultaneously.
Three scenarios for the fourth quarter
In the bullish scenario, Ethereum is expected to first hold above the $2,650 level and subsequently surpass the $2,800 resistance level. If this structure holds, the price could gain momentum toward the $3,000 region.
A more balanced scenario envisions Ethereum trading within the $2,600 to $2,800 range. Such a trajectory could provide a period of consolidation and accumulation for the market following a strong third quarter.
In the bearish scenario, losing the $2,600 level is viewed as a critical risk. Should broader risk markets weaken, this breakdown could intensify selling pressure and render the short-term outlook more fragile.
‍$ETH