The overall sentiment in the crypto market has been quite poor recently, with Dogecoin and Shiba Inu both declining. DOGE has dropped to $0.123, while SHIB is even worse, falling directly to $0.000007165.
Dogecoin is currently stuck in a narrow range, and holding the $0.122 support level is crucial—once broken, it will need to find a new bottom. In contrast, SHIB's support level has already been breached. Ultimately, this is a technical fluctuation, reflecting changes in market risk sentiment and liquidity behind the scenes.
Looking at Bitcoin, it seems to want to rebound, but as soon as the US stock market opens, momentum is lacking. The speculative sector is under heavy pressure. Ethereum's decline is also not helping—when the big brother can't get back up, funds naturally hesitate to pour into high-risk assets. As a result, meme coins like Dogecoin and SHIB are being hammered repeatedly during strong periods. Liquidity exhaustion combined with position clearing in late December has amplified price volatility.
**From a technical perspective**: DOGE is still consolidating, but multiple attempts to break through $0.1260-$0.1264 have failed, indicating a bearish trend. This area has become the most obvious sell-off zone recently, confirmed by a surge in trading volume. The demand zone below is at $0.1208-$0.1220—must hold this. If it falls below $0.122, it may continue to decline toward $0.128, or even touch $0.125. To reverse the situation, stronger rebound signals are needed.
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QuorumVoter
· 9h ago
Sigh, DOGE can't hold the line again. This drop is really uncertain.
SHIB has hit rock bottom, and we don't know when the rebound will come.
BTC is also weak, how can small coins turn around?
If the 0.122 level is broken again, I'll just cut my losses.
Liquidity exhaustion is the biggest test of mentality; it's hard for gamblers to endure.
This round of clearing positions was really ruthless, it feels like it will continue to go down.
The bearish signals are too obvious; the technicals don't look promising.
Let's wait and see if there's a stronger rebound, otherwise this position is a bit dangerous.
Funds are all flowing into Bitcoin, meme coins can only be hammered down.
Ethereum can't rally either; the entire ecosystem is leaking energy.
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SerumSqueezer
· 15h ago
DOGE can't hold 0.122, and it's really over. We'll have to keep taking hits, this wave of liquidity is truly incredible.
SHIB is already so bad, yet people are still buying the dip. I just don't understand.
BTC is weak, ETH can't even push it, and small-cap coins still want to fly? Dream on, brother.
Wait, wait, wait. The technical outlook looks bearish, and it feels like there will be another wave of bottoming out.
Liquidity exhaustion + year-end liquidation, oh my, this combo is deadly. Who can withstand it?
Multiple failed attempts to go up indicate a lack of consensus. Retail investors probably already ran.
0.122 is really the last lifeline, once broken, it's a free fall.
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DataPickledFish
· 15h ago
Another round of dumping is coming, DOGE and SHIB couldn't hold up
Honestly, if the 0.122 level breaks, it's game over. Liquidity exhaustion is that painful
BTC is weak, ETH can't push it up either, funds are scared, who still dares to chase high-risk assets
Wait for a rebound signal, anyway, there's no way to escape the short-term bearish outlook
SHIB is already trapped, and that's the most desperate situation
View OriginalReply0
AirdropCollector
· 15h ago
Another Dogecoin drama, can the 0.122 level really hold? It seems we still need BTC to be strong, otherwise these meme coins won't turn around either.
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ForumMiningMaster
· 15h ago
Here we go again, if DOGE can't hold 0.122, I'll just cash out directly. Don't tell me about technical analysis.
Wow, even BTC is losing momentum, no wonder these meme coins are getting hammered so badly.
SHIB has already broken its support, this time it's really critical... With such poor liquidity, how else can we play?
Repeated failed attempts to push higher, being bearish is the right call. Wait for a rebound signal, everyone.
DOGE falling below 0.122 will keep dropping; no one knows where the bottom is.
Ethereum can't rally, all the funds have pulled out, there's nothing that can be done in this environment.
It's again a liquidity issue, this market is really exhausting.
This cleanup is a bit harsh, feels like it's not over yet...
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GasFeeCryBaby
· 15h ago
Another one, if DOGE can't hold 0.122, it's over... With such low liquidity, who dares to buy the dip?
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DefiVeteran
· 15h ago
It's the same old trick. When BTC doesn't show signs of movement, ETH can't push it either. The underlying funds just aren't strong enough. No wonder DOGE and SHIB are getting hammered so badly.
The overall sentiment in the crypto market has been quite poor recently, with Dogecoin and Shiba Inu both declining. DOGE has dropped to $0.123, while SHIB is even worse, falling directly to $0.000007165.
Dogecoin is currently stuck in a narrow range, and holding the $0.122 support level is crucial—once broken, it will need to find a new bottom. In contrast, SHIB's support level has already been breached. Ultimately, this is a technical fluctuation, reflecting changes in market risk sentiment and liquidity behind the scenes.
Looking at Bitcoin, it seems to want to rebound, but as soon as the US stock market opens, momentum is lacking. The speculative sector is under heavy pressure. Ethereum's decline is also not helping—when the big brother can't get back up, funds naturally hesitate to pour into high-risk assets. As a result, meme coins like Dogecoin and SHIB are being hammered repeatedly during strong periods. Liquidity exhaustion combined with position clearing in late December has amplified price volatility.
**From a technical perspective**: DOGE is still consolidating, but multiple attempts to break through $0.1260-$0.1264 have failed, indicating a bearish trend. This area has become the most obvious sell-off zone recently, confirmed by a surge in trading volume. The demand zone below is at $0.1208-$0.1220—must hold this. If it falls below $0.122, it may continue to decline toward $0.128, or even touch $0.125. To reverse the situation, stronger rebound signals are needed.