Bitcoin has fallen over 10% from its all-time high of $82,000, now trading near $74,000. SHIB is hovering around the $0.0000055 support level that has held since March. Meanwhile, Near Protocol has pulled back to the $2.20–$2.30 range after a strong rally.
SHIB battles to hold $0.0000055 support
SHIB remains below its 50-day, 100-day, and 200-day moving averages, with persistent selling pressure. A recent rejection at the 100-day average pushed the price back to the current support zone. The Relative Strength Index (RSI) has dropped to around 37, nearing oversold territory — a zone that has historically preceded short-term bounces. Trading volume remains steady, suggesting no panic selling. Analysts say if SHIB stabilizes above $0.0000055, a reactionary move toward the 50 and 100-day averages could occur, but such a rally is unlikely to reverse the longer-term downtrend.
Bitcoin nears oversold after $8,000 drop
Bitcoin is below its 50, 100, and 200-day moving averages. The prior uptrend from April lows weakened after breaking below a rising trendline. The RSI has fallen to 38, the lowest in weeks — a level that has sometimes signaled buying opportunities in past cycles, though it does not guarantee a trend change. The $72,000–$74,000 range is providing a critical floor, preventing a deeper decline for now. However, trading volumes are lower than during previous surges, indicating major market players may be waiting for more confirmation. According to analysts, Bitcoin's ability to hold support in the coming sessions will shape near-term direction.
NEAR tests first major support after rally
NEAR surged from $1.60 to $2.90 before pulling back to the $2.20–$2.30 range. Unlike SHIB and BTC, NEAR remains above all key moving averages, including the long-term 200-day average — a bullish signal. Volumes have increased compared to April and May, and the recent decline appears driven by profit-taking rather than panic. The RSI sits above 60, having moved away from overbought conditions but still leaving room for further gains. If NEAR consolidates around current support, a retest of the $2.80–$2.90 high is possible; sustained buying at those levels would suggest a longer-term trend reversal rather than a short-lived rally.