
Bitcoin (BTC): New ATH Not That Important, Shiba Inu (SHIB) Growth Begins, Dogecoin's (DOGE) Path to $0.30 Begins Again
Bitcoin Surpasses $111,000 Milestone, but Market Reaction Remains Muted
Bitcoin has officially crossed the $111,000 threshold, setting a new all-time high. Yet, the market response has been surprisingly subdued compared to past cycles. Unlike the explosive rallies of 2017 or the euphoria-driven surge in 2021, this climb feels more gradual. Technically, Bitcoin remains in a strong uptrend, with the 50-day EMA holding firmly above the 200-day EMA—a golden cross confirmation. The breakout above $102,000 resistance has held, and trading volume is steadily increasing.
Despite the milestone, the lack of significant capital inflow is notable. Previous all-time high breaks typically triggered waves of institutional and retail buying, but this time, the movement seems driven more by capital rotation and short squeezes. Bitcoin's recent spike was supported by $239 million in short liquidations, but without fresh buyers entering the market, this momentum may not sustain.
While the ATH reinforces Bitcoin's long-term bullish structure, it hasn't yet sparked the FOMO-driven frenzy seen in earlier cycles. Short-term gains could be limited without that catalyst. A pullback toward the $101,000-$102,000 breakout zone might offer stronger support before the next upward push.
Shiba Inu Shows Signs of Regaining Strength
Shiba Inu appears to be recovering after a turbulent period. The meme coin has bounced convincingly off the 100 EMA and reclaimed the $0.0000150 level—a key psychological threshold. The 26 EMA is curling upward, tracking the price closely, signaling improved short-term sentiment and buyer control.
If this momentum holds, SHIB could challenge the 200 EMA near $0.000016, which currently acts as resistance. A breakout above this level would confirm a medium-term uptrend. However, traders should remain cautious—without strong volume, the previous high of $0.000017 could cap further gains, potentially forming a double top.
Dogecoin Attempts to Regain Crucial $0.30 Level
Dogecoin is mounting another push toward the critical $0.30 mark after breaking through a descending trendline—a sign that its correction phase may be ending. Currently trading near $0.24, DOGE faces a key test at $0.25, a historically strong resistance level.
- A breakout with strong volume could propel the rally toward $0.28-$0.30, a major psychological and structural barrier.
- Technically, the setup looks promising, with the 26 EMA converging with the 50 and 100 EMAs—often a precursor to a sustained bullish move.
However, failure to hold above $0.25 risks forming a double top, which could trigger a retreat toward the 100 EMA or $0.21 support.