Workflow
Cryptocurrency Market Trends
icon
Search documents
Crypto Market Move: Shiba Inu Hits Significant Price Point, Bitcoin Eyes $100,000, Ethereum Steady At $3,000, And Dogecoin Broke Above Key Resistance
Yahoo Finance· 2026-01-03 20:16
Core Insights - Shiba Inu has reached a significant price point for the first time in 2026, while Bitcoin is approaching the $100,000 mark and Ethereum is trading around $3,000 [1] - Dogecoin has broken above key resistance levels, hitting $0.126, and is now focused on maintaining support in the $0.124–$0.125 range [1][5] Cryptocurrency Market Trends - Shiba Inu's price has slightly risen above the $0.0000075-$0.0000077 range, indicating a potential for significant reactions with increased demand [2] - Bitcoin has experienced a sharp correction but is now stabilizing, with a realistic target of $100,000 as the market shifts from distribution to accumulation [3] - Ethereum's return to the $3,000 level suggests market acceptance of its value, showing signs of stabilization after a lengthy correction [3] Trading Volume and Market Sentiment - The trading volume for Shiba Inu, Bitcoin, and Ethereum remains moderate, indicating strategic positioning rather than reckless trading [4] - Dogecoin's recent surge in buying pressure has led to a bullish breakout, with trading volume at its highest in weeks [5] - The recent price movements reflect broader trends in the cryptocurrency market, with decreasing selling pressure potentially paving the way for future price increases [7]
X @CoinGecko
CoinGecko· 2025-12-03 18:18
Market Sentiment - The report questions whether the market will experience a "Mooncember" (significant upward trend) or a "Decembull" (bullish December) [1]