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Bitcoin 
$83,689 is facing a challenging market at $99,500, while altcoins struggle with double-digit losses. SOL Coin, which recently hit an all-time high, has plummeted to the $220 range. Notably, SHIB has fallen by 8% and DOGE by 9%, reinforcing the bearish trend that has gripped the market over the weekend. The situation reflects the ongoing nightmare for altcoins in this bearish climate.
SHIB Coin Analysis
As the second-largest meme coin by market cap, SHIB has dipped below the critical support level of $0.00001857. Should this downward trend continue, it may reach the $0.00001601 mark. The parallel channel support stands at $0.00002080, making recovery appear challenging for BTC. In the event of a rebound, reclaiming the channel support might indicate a future test at $0.00002938.
If the DeepSeek incident triggers deeper corrections, new lows between $0.00001241 and $0.00000873 could be on the horizon.
Dogecoin (DOGE) Insights
DOGE has lost a critical support level at $0.33. Bulls are now working to maintain the $0.30 support; losing this could lead to declines toward $0.27. The sentiment in the market has negatively impacted DOGE, alongside struggles with new meme coins. If excessive selling occurs, a series of losses could extend between $0.27 and $0.23.
While historical data suggests that rising fear often precedes significant upswings, there are no guarantees of replicating past cycles.
Having dropped 35% from its peak, DOGE must establish a bottom at current levels, or the risk of larger declines will increase.
As SOL Coin prices have melted away and ETH has fallen to $3,000, who can sustain PEPE Coin? The loss from its peak has approached 60%. PEPE Coin has failed to maintain the previously mentioned support level of $0.00001448 and is now trending toward a bottom of $0.00001199. Should selling continue, a target of $0.00001029 may be within reach.
Further losses in an upward trend may cause concern regarding the health of the cycle.
