Is Shiba Inu (SHIB) about to plunge again? Traders are on high alert, questioning: Should Shiba Inu traders prepare for another 50% correction? The crypto market is volatile, and even after a recent surge, the potential for a significant downturn is real. Shiba Inu (SHIB) faces a significant corrective trend, prompting scrutiny over potential price declines and duration.
Remember the recent excitement? 27 de sept. de 2025 Shiba Inu (SHIB) is undoubtedly among the top crypto performers as of late, registering a 50% price increase in less than two weeks. Currently, it trades at around a level many are watching closely. However, that upward momentum can reverse quickly in the crypto world.
What factors are contributing to this fear of another dip? Several elements are at play. One key aspect is the influence of broader market trends. Shiba Inu (CRYPTO:SHIB) has shown resilience despite a recent market correction that impacted major cryptocurrencies like Bitcoin (CRYPTO:BTC) and Ethereum. This resilience is encouraging, but not a guarantee against future drops.
Key support levels are crucial to monitor. Many analysts are watching particular Fibonacci levels, including the .382 Fib level as a critical point. A break below this level could signal further downside potential. Keeping a close eye on trading volume and order book activity around these levels is essential for making informed decisions.
Moreover, the correlation with Bitcoin is something traders must consider. Alongside the sell-pressure, it should be noted that Shiba Inu’s correlation with Bitcoin has noted an uptick recently. At press time, this metric’s reading reflected a value indicating a strong connection. This means that a Bitcoin crash could drag SHIB down with it, regardless of SHIB's individual performance.
So, should traders prepare for another 50% correction in Shiba Inu? The answer is cautiously yes. While no one can predict the future with certainty, the combination of potential corrective trends, key support levels needing to be defended, and the correlation with Bitcoin warrants a prepared mindset. Stay informed, manage your risk, and be ready to react to market movements.