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The cryptocurrency market continues to test investors’ patience as altcoins struggle to recover. The trend of panic selling on social media indicates an ongoing crisis, and since mid-December, the situation has become increasingly dire. Bob Loukas has shared his perspectives on the current market state, questioning the future prices of ADA and SHIB.
When Will the Crypto Decline End?
BTC has dropped to around $93,500, presenting a discouraging scenario for altcoins. Factors such as DeepSeek rates, delays in interest rate cuts, disappointing U.S. data, and sinking token liquidity have contributed to recent harsh market conditions.
Bob Loukas recalled his post from January 7, where he noted that Bitcoin 
$105,491 was merely in the early stages of its 60-day cycle. He emphasized that the market was experiencing typical weakness and suggested that patience would be necessary for a sustainable recovery.
Today, he updated his assessment, indicating that Bitcoin has entered the final stages of its 60-day and weekly cycles, raising questions about the stability of the lower range at $90,000. He suggested that the reset of sentiment might occur regardless of the price movements.
Predictions for ADA and SHIB
ADA Coin has recently returned some of its gains after a nearly 20% surge within a week, now resting around $0.74. If the decline continues, a potential drop to $0.708 may occur. Despite past instances of dramatic rebounds following downturns, predicting the future remains challenging.
Shiba Coin has faced larger losses recently, primarily due to the rising interest in short-lived meme coins. After giving back all its post-election gains, it currently trends toward a target of $0.00001291 if the downtrend persists.
