Shiba

bullish

Bitcoin

Shiba Inu

PEPE

<h2 class="wp-block-heading" id="tldr">TLDR</h2>
<ul>
 <li>Bitcoin is below $90,000, following $230 million ETF outflows.</li>
 <li>Shiba Inu's burn rate surged by 275.45% in 24 hours.</li>
 <li>Pepe's RSI is at 31.85, nearing an oversold state.</li>
</ul>
<p>Bitcoin has experienced a notable drop below $90,000 as of January 21, 2026. This decline follows U.S. tariffs related to the Greenland dispute leading to ETF outflows of approximately $230 million. In addition, crypto position sales have topped $1.08 billion, contributing to a 2.05% decrease in the cryptocurrency market over the past 24 hours.</p>
<p>Meme coins, specifically Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are facing significant declines amid the broader market downturn. Dogecoin, priced at $0.124, has seen a 1.47% daily decline and is down 16% over the past week. Shiba Inu is up 0.54% daily, trading at $0.000007905, but remains in a falling wedge pattern, while Pepe, at $0.000000507, is down 0.20% daily. The past week has seen these meme coins extend losses by about 7.52%.</p>
<h2 class="wp-block-heading" id="ongoing-market-trends-for-meme-coins">Ongoing Market Trends for Meme Coins</h2>
<p>The meme coin sector is experiencing a notable downturn, closely correlated with Bitcoin's decline. Currently, Bitcoin struggles below $90,000, and meme altcoins such as DOGE, SHIB, and PEPE are seeing correlated downward movement. Notably, Ethereum and other Layer 1 or Layer 2 assets, such as governance tokens and DeFi protocols, have not been directly mentioned in connection with this market activity.</p>
<p>According to <a href="https://resource.mistorebox.com/doc/Mitrade_ProductDisclosureStatement-en-US-CIMA.pdf" rel="noopener noreferrer nofollow">analysts</a>, DOGE may see a potential breakout above $0.15 if a bullish market trend emerges. However, a dip below $0.12 could risk falling to $0.11. Shiba Inu’s technical analysis indicates a possible rebound to the $0.000010 resistance level, influenced by the surge in the Shiba Inu burn rate.</p>
<h2 class="wp-block-heading" id="shiba-inu-burn-rate-surge">Shiba Inu Burn Rate Surge</h2>
<p>Shiba Inu's burn rate surged by 275.45% over the past 24 hours. A total of 3,242,097 SHIB tokens were burned, indicating a potential reduction in supply. This increase in the burn rate may support a bullish outlook despite the bearish movements observed more broadly within the meme coin market.</p>
<p>The falling wedge pattern signals potential for a price rebound, but current market conditions remain challenging. No changes have been observed in <a href="https://resource.mistorebox.com/doc/Mitrade_RiskDisclosureStatement-en-US-CIMA.pdf" rel="noopener noreferrer nofollow">Total Value Locked (TVL)</a>, liquidity shifts, or staking flows related to these tokens.</p>
<h2 class="wp-block-heading" id="technical-indicators-for-pepe">Technical Indicators for Pepe</h2>
<p>Pepe's Relative Strength Index (RSI) currently stands at 31.85, approaching an oversold state. Key support levels for PEPE are noted at $0.00000045 to $0.00000050, with resistance expected between $0.00000055 and $0.00000070. Despite these established levels, a bearish Moving Average Convergence Divergence (MACD) continues to indicate a persistent downward trend.</p>
<p>Investors and traders may wish to incorporate this information into their <a href="https://resource.mistorebox.com/doc/Mitrade_ClientAgreement-en-US-CIMA.pdf" rel="noopener noreferrer nofollow">decision-making strategies</a>. These predictions highlight the volatile nature of meme coins, emphasizing the potential for both risk and opportunity depending on market dynamics and technical factors.</p>
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    <td><em><strong>Disclaimer:</strong></em><br><em><br>The content on <a href="https://defiliban.com/" rel="noopener noreferrer nofollow">defiliban.com</a> is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.</em></td>
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Bitcoin Drops Below $90,000 Amid Market Decline

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