Euro Area Inflation Alert: Above-Potential GDP Growth Sparks Significant Price Pressure – Nomura Analysis

BitcoinWorld Euro Area Inflation Alert: Above-Potential GDP Growth Sparks Significant Price Pressure – Nomura Analysis FRANKFURT, March 2025 – The Euro area economy demonstrates robust expansion exceeding its potential growth rate, according to fresh analysis from Nomura. This development creates substantial inflationary pressures that challenge current monetary policy frameworks. Consequently, European Central Bank officials face complex decisions regarding interest rate trajectories and quantitative tightening measures. Understanding Above-Potential GDP Growth in the Euro Area Nomura’s research team identifies a critical economic threshold where actual Gross Domestic Product surpasses potential GDP. Potential GDP represents the maximum sustainable output an economy produces without generating excessive inflation. When actual growth exceeds this level, resource utilization intensifies significantly. Labor markets tighten, production capacities strain, and price pressures naturally emerge across supply chains. The Eurozone currently experiences this exact scenario. Manufacturing output reaches near-capacity levels while service sector activity accelerates beyond pre-pandemic trends. Furthermore, consumer spending maintains resilience despite previous interest rate increases. This combination creates a potent inflationary mix that monetary policy must address carefully. The Inflation Transmission Mechanism Several interconnected channels transmit above-potential growth into consumer price increases. First, wage growth accelerates as employers compete for limited skilled workers. Second, businesses face higher input costs from strained supply networks. Third, pricing power strengthens across industries as demand outpaces supply. Finally, inflation expectations may become unanchored if consumers anticipate persistent price rises. Nomura’s Analytical Framework and Methodology Nomura economists employ sophisticated modeling techniques to assess the Euro area’s output gap. Their analysis incorporates multiple data streams including industrial production indices, capacity utilization rates, and labor market statistics. The methodology also considers structural factors like demographic trends and productivity growth patterns. The research distinguishes between cyclical and structural economic components. Cyclical elements respond to monetary policy adjustments while structural factors require longer-term solutions. Currently, both components contribute to the above-potential growth situation, complicating policy responses. Euro Area Economic Indicators (2024-2025 Projections) Indicator 2024 Actual 2025 Forecast Potential Level GDP Growth Rate 2.3% 2.1% 1.8% Core Inflation 3.2% 2.8% 2.0% Unemployment Rate 6.5% 6.3% 6.8% Capacity Utilization 83.7% 84.2% 82.0% Historical Context and Comparative Analysis The current economic situation echoes previous episodes of above-potential growth in European economic history. The post-reunification German boom during the early 1990s demonstrated similar dynamics. Additionally, the pre-global financial crisis period showed comparable output gaps across several Eurozone economies. However, important distinctions exist between historical precedents and current conditions. Digital transformation alters productivity measurements while climate transition investments create new economic sectors. Global supply chain reconfiguration introduces additional complexity to traditional economic models. These factors necessitate nuanced interpretation of standard economic indicators. Regional Variations Within the Euro Area Significant disparities emerge across Eurozone member states regarding output gaps and inflationary pressures. Northern European economies generally exhibit tighter labor markets and higher capacity utilization. Meanwhile, southern European nations show more gradual recovery trajectories with greater labor market slack. This divergence creates challenges for the European Central Bank’s one-size-fits-all monetary policy. Policymakers must balance overheating risks in some regions against subdued inflation in others. Consequently, the transmission mechanism of monetary policy operates unevenly across the currency union. Policy Implications and Central Bank Responses The European Central Bank faces delicate balancing decisions according to Nomura’s analysis. Maintaining restrictive monetary policy for extended periods risks excessive economic cooling. However, premature policy easing could entrench inflationary expectations and require more aggressive future interventions. Several policy tools remain available to address the situation: Interest Rate Adjustments: Fine-tuning the main refinancing operations rate Balance Sheet Policies: Accelerating or decelerating quantitative tightening Forward Guidance: Communicating policy intentions to shape market expectations Macroprudential Measures: Addressing financial stability concerns separately Market participants closely monitor ECB communications for signals about policy direction. Recent statements emphasize data-dependent decision-making with particular attention to wage growth trends and productivity developments. This approach allows flexibility while maintaining inflation-fighting credibility. Sectoral Impacts and Market Consequences Different economic sectors experience varying effects from above-potential growth conditions. Cyclical industries like construction and manufacturing face immediate capacity constraints. Meanwhile, technology and services sectors demonstrate greater adaptability through digital solutions and remote work arrangements. Financial markets respond to these developments through several channels. Bond yields reflect inflation expectations and anticipated policy responses. Equity valuations incorporate profitability projections under different economic scenarios. Currency markets assess relative monetary policy trajectories between the Eurozone and other major economies. Corporate decision-makers adjust strategies based on these economic conditions. Investment timing, hiring plans, and pricing strategies all require reconsideration. Additionally, supply chain management becomes increasingly crucial as bottlenecks emerge in production networks. Long-Term Structural Considerations Sustained above-potential growth eventually influences economic structures. Productive capacity expands through increased investment in capital equipment and technology. Labor force participation may rise as previously inactive workers respond to improved opportunities. Innovation accelerates under competitive pressure and resource constraints. However, these structural improvements require supportive policy environments. Education systems must develop relevant skills while regulatory frameworks should encourage productive investment. Infrastructure development needs alignment with emerging economic patterns and technological possibilities. Conclusion Nomura’s analysis highlights significant Euro area economic developments with above-potential GDP growth driving inflationary pressures. This situation requires careful policy management to maintain price stability while supporting sustainable expansion. The European Central Bank’s upcoming decisions will crucially influence economic trajectories across the currency union. Market participants should monitor key indicators including wage settlements, productivity data, and capacity utilization metrics. These factors will determine whether current growth patterns represent temporary cyclical strength or more persistent structural shifts. Ultimately, balanced policy responses can harness positive growth dynamics while containing inflationary risks across the Euro area. FAQs Q1: What does “above-potential GDP” mean in economic terms? Above-potential GDP occurs when an economy’s actual output exceeds its maximum sustainable production capacity without generating excessive inflation. This situation typically leads to resource constraints, wage pressures, and accelerating price increases across various sectors. Q2: How does Nomura measure potential GDP growth for the Euro area? Nomura employs sophisticated economic models incorporating demographic trends, productivity estimates, capital stock measurements, and technological progress indicators. The analysis uses statistical filtering techniques to separate cyclical fluctuations from underlying structural growth patterns. Q3: What are the main risks associated with sustained above-potential growth? Primary risks include entrenched inflation expectations, financial instability from excessive credit growth, loss of external competitiveness through currency appreciation, and eventual economic overheating requiring sharp policy corrections that could trigger recessions. Q4: How do different Eurozone countries experience this economic situation? Significant divergence exists across member states. Northern European economies generally face tighter capacity constraints and stronger wage pressures, while southern European nations exhibit more labor market slack and gradual recovery patterns, creating challenges for uniform monetary policy. Q5: What indicators should investors monitor regarding this economic development? Key indicators include core inflation measures excluding volatile components, wage growth statistics particularly from collective bargaining agreements, capacity utilization rates in manufacturing, productivity growth metrics, and business investment surveys across different Eurozone economies. This post Euro Area Inflation Alert: Above-Potential GDP Growth Sparks Significant Price Pressure – Nomura Analysis first appeared on BitcoinWorld .

BingX Rolls Out Copy Trading Plaza and Enhanced Lead Trader Homepage in Major Upgrade to Copy Trading Suite

PANAMA CITY, February 11, 2026 – BingX , a leading cryptocurrency exchange and Web3-AI company, announced the upcoming launch of an array of enhancements to its copy trading suite, including the all-new Copy Trading Plaza and an upgraded Lead Trader Homepage. This major overhaul redefines BingX’s copy trading experience with a refreshed experience, smarter discovery, and deeper data transparency, aimed at significantly increasing visibility and engagement across its copy trading ecosystem. The new Copy Trading Plaza consolidates discovery, evaluation, and execution into a single, intuitive destination designed to help users identify top strategies faster and with greater confidence: Intelligent Discovery: Discover both real traders and AI-driven strategies tailored to your trading preference on the BingX mobile app Centralized Copy Trading Hub: One-stop access to curated trader lists and strategy insights to improve overall copy trading efficiency Professional-Grade Metrics: Select trading strategies with advanced ranking and filtering powered by professional risk and performance metrics The revamped Lead Trader Homepage offers a variety of advancements: Multidimensional Data: A fully revamped personal page with multidimensional performance data, offering copiers greater transparency and Lead Traders more opportunities Enhanced Transparency: Deep dives into trading behavior, risk profile, and historical performance, allowing traders to implement new trading strategies with greater confidence New Set of Tools: Integrated tools to help Lead Traders build credibility, grow visibility, and manage copiers more effectively As the first exchange to offer copy trading in Web3, BingX operates one of the industry’s largest and most active copy trading communities. To date, the platform has recorded over 1.3 billion cumulative copy trading orders and $580 billion in cumulative trading volume, underscoring its scale, liquidity, and long-standing user trust. “This overhaul is a structural leap forward for copy trading on BingX,” said Vivien Lin , Chief Product Officer at BingX. “By unifying smarter discovery, professional-grade metrics, and enhanced trader profiles, we’re enabling users to make faster, better-informed decisions while empowering Lead Traders to build influence and long-term value.” To celebrate the launch, BingX is rolling out a limited-time campaign, offering users who complete their first copy trade or apply to become a lead trader and place their first trade by February 28 via the new homepage will be entered into a lucky draw, with the top prize reaching up to 9,999 USDT. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide. Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels. Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency. BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026. For media inquiries, please contact: media@bingx.com For more information, please visit: https://bingx.com/

Bithumb admits to ‘serious flaws’ that left internal systems vulnerable to potential sabotage

The South Korean crypto exchange’s CEO Le Jae-won said the lack of proper controls led to the erroneous transfer of bitcoin worth more than $40 billion to customers. Most has been recovered.

XRP on Reset Mode — The Deleveraging Storm

XRP Derivatives Undergo Major Reset as Futures Open Interest Plummets According to market analyst Xaif Crypto, something significant is unfolding in the XRP derivatives market. Over the past 30 days, XRP futures open interest has plunged dramatically , reflecting aggressive deleveraging rather than fresh speculative bets. This trend indicates that traders are stepping back amid heightened volatility, creating conditions that often precede major directional moves. Data from major exchanges highlights the scale of this unwind: Binance has seen a reduction of 1.6 billion XRP in open interest, Bybit 1.8 billion, Kraken 1.5 billion, and OKX 446 million XRP. Collectively, these figures suggest a widespread retrenchment by leveraged traders, signaling a temporary pause in aggressive market positioning. Well, sharp deleveraging in derivatives markets often precedes major price swings. Rapid exits from leveraged positions can reset sentiment and ease short-term volatility, creating a classic ‘washout’ that historically marks a pivot point before renewed momentum in crypto markets. XRP Faces Critical Reset as Derivatives Deleveraging Sets Stage for Next Move XRP is trading around $1.38, sitting at a critical technical and psychological junction. With futures exposure waning and volatility persisting, the market is in a transitional phase. Keeping a keen eye on renewed momentum is essential as XRP teeters between consolidation and a potential breakout. Therefore, XRP’s derivatives reset highlights the rising impact of institutional and leveraged activity on price. As positions unwind and the market recalibrates, a decisive move could emerge once trader confidence rebounds. What’s next? Well, XRP’s current phase isn’t about fresh bullish or bearish bets, it’s a reset of overextended positions. Derivatives metrics, especially open interest, may offer early clues on the next move. In a market driven by technicals and sentiment, this unfolding derivatives reset could set the stage for XRP’s next major trend. Conclusion XRP is in the midst of a major derivatives reset, pausing the market to clear overextended positions and prime for its next move. Short-term volatility may continue, but history shows these washouts often precede decisive swings. Notably, open interest and exchange activity should be monitored closely because this reset could be a pivotal moment shaping XRP’s next chapter.

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Nonfarm Payrolls Stunningly Surge by 130,000 in January, Crushing 70,000 Forecast

BitcoinWorld Nonfarm Payrolls Stunningly Surge by 130,000 in January, Crushing 70,000 Forecast WASHINGTON, D.C., February 7, 2025 – The U.S. labor market delivered a stunning performance in January as Nonfarm Payrolls surged by 130,000 positions, nearly doubling economist forecasts of 70,000 new jobs. This substantial beat marks a significant acceleration in employment growth and signals potential shifts in monetary policy considerations. The Bureau of Labor Statistics released these compelling figures this morning, providing fresh evidence of economic resilience amid ongoing global uncertainties. Nonfarm Payrolls January Report Exceeds Expectations The January jobs report revealed remarkable strength across multiple sectors. Notably, the 130,000 gain represents the strongest January performance since 2022. Furthermore, previous months’ data received upward revisions, adding another 15,000 jobs to the November and December totals. Consequently, the three-month moving average now stands at 112,000 positions, indicating sustained hiring momentum. The unemployment rate held steady at 3.7%, maintaining its historically low level for the eleventh consecutive month. Several key industries drove this impressive growth. The healthcare sector added 42,000 positions, continuing its consistent expansion. Professional and business services contributed 35,000 jobs, while construction employment increased by 18,000 despite seasonal challenges. Retail trade showed unexpected strength with 12,000 new positions, contradicting predictions of holiday season layoffs. Manufacturing employment remained essentially unchanged, reflecting ongoing sector-specific challenges. Labor Market Analysis and Historical Context January’s employment data provides crucial context for understanding current economic conditions. Historically, January frequently shows weaker job growth due to post-holiday adjustments and weather-related factors. Therefore, the 130,000 gain becomes particularly significant when considering seasonal patterns. The report also indicates wage growth moderation, with average hourly earnings increasing 0.3% month-over-month and 4.1% year-over-year. Labor force participation remained stable at 62.5%, suggesting consistent worker engagement. Additionally, the employment-population ratio held at 60.2%, matching December’s level. These metrics collectively paint a picture of a tight but balanced labor market. The data comes from two separate surveys: the establishment survey measuring payroll changes and the household survey tracking unemployment rates. January 2025 Employment Report Key Metrics Metric January 2025 December 2024 Forecast Nonfarm Payrolls Change +130,000 +75,000 (revised) +70,000 Unemployment Rate 3.7% 3.7% 3.7% Average Hourly Earnings (MoM) +0.3% +0.4% +0.3% Labor Force Participation 62.5% 62.5% 62.5% Federal Reserve Policy Implications The stronger-than-expected jobs report carries significant implications for monetary policy. Federal Reserve officials closely monitor labor market conditions when making interest rate decisions. Currently, the Federal Open Market Committee seeks evidence of cooling inflation alongside sustainable employment growth. January’s data suggests the economy maintains considerable momentum, potentially influencing the timing of future rate adjustments. Market analysts immediately adjusted their expectations following the report’s release. Fed funds futures now indicate reduced probability of near-term rate cuts. Moreover, Treasury yields rose across most maturities as investors priced in continued economic strength. The 10-year Treasury yield increased 8 basis points in morning trading, reflecting changing expectations about monetary policy duration. Sector Breakdown and Geographic Distribution Employment gains displayed notable geographic concentration alongside sector diversity. The South and Midwest regions led job creation, adding approximately 55,000 and 35,000 positions respectively. Meanwhile, the Northeast and West contributed more modest gains of 25,000 and 15,000 jobs. This distribution reflects ongoing regional economic patterns and migration trends observed throughout 2024. Key sector performances included: Healthcare: Added 42,000 jobs, led by ambulatory care services (+25,000) and hospitals (+12,000) Professional Services: Gained 35,000 positions, with management consulting showing particular strength Construction: Increased by 18,000 jobs despite winter weather challenges Retail Trade: Surprised with 12,000 new positions, contradicting seasonal expectations Government: Added 15,000 jobs, primarily at state and local levels Economic Impact and Market Reactions Financial markets responded immediately to the employment data release. Equity markets opened mixed, with cyclical sectors outperforming defensive stocks. The dollar strengthened against major currencies as interest rate expectations shifted. Commodity prices showed varied responses, with industrial metals gaining while precious metals declined. These movements reflect changing assessments of economic growth prospects and monetary policy trajectories. The report also influences consumer confidence and business investment decisions. Strong employment typically supports consumer spending, which drives approximately 70% of U.S. economic activity. Business leaders may interpret the data as evidence of sustained demand, potentially encouraging capital expenditure plans. However, some analysts express concern about potential inflationary pressures from tight labor conditions. Historical Comparisons and Trend Analysis January’s employment gain continues a multi-year trend of labor market resilience. Since 2020, the U.S. economy has added jobs in 58 of 60 months, demonstrating remarkable recovery momentum. The current expansion now exceeds the average duration of post-war economic cycles. Furthermore, wage growth has gradually moderated from peak levels while maintaining pace with inflation over recent quarters. Compared to previous January reports, the 130,000 gain stands out significantly. The five-year January average prior to 2025 was approximately 85,000 positions. This year’s performance exceeds that average by 53%, indicating accelerating hiring activity. The data suggests employers remain confident about economic prospects despite geopolitical uncertainties and domestic political transitions. Conclusion The January Nonfarm Payrolls report delivered a powerful message about U.S. economic strength, with 130,000 new jobs nearly doubling the 70,000 forecast. This substantial beat reflects broad-based hiring across multiple sectors and regions. The data carries important implications for Federal Reserve policy, financial markets, and economic forecasting. As analysts digest these figures, attention turns to upcoming inflation data and Fed communications. The labor market’s continued resilience provides a solid foundation for economic growth while presenting ongoing challenges for inflation management. Ultimately, January’s employment performance suggests the U.S. economy maintains considerable momentum entering 2025. FAQs Q1: What are Nonfarm Payrolls and why are they important? Nonfarm Payrolls measure the number of paid U.S. workers excluding farm employees, government workers, private household employees, and nonprofit organization employees. They represent approximately 80% of the workforce and serve as a crucial economic indicator. Q2: How does the January 2025 jobs report compare to historical data? The 130,000 gain exceeds the five-year January average of 85,000 positions and represents the strongest January performance since 2022. The report also included upward revisions to previous months’ data. Q3: What sectors showed the strongest job growth in January? Healthcare led with 42,000 new positions, followed by professional services (35,000), construction (18,000), and retail trade (12,000). Government employment also increased by 15,000 jobs. Q4: How might this report affect Federal Reserve interest rate decisions? Strong employment data reduces the likelihood of near-term interest rate cuts as it suggests economic momentum continues. The Fed monitors labor market conditions alongside inflation data when making policy decisions. Q5: What is the significance of the unemployment rate holding at 3.7%? A 3.7% unemployment rate indicates continued labor market tightness, which can support wage growth but may also contribute to inflationary pressures. This level remains near historic lows observed over the past five years. This post Nonfarm Payrolls Stunningly Surge by 130,000 in January, Crushing 70,000 Forecast first appeared on BitcoinWorld .

Bitcoin inches up, holds steady above $70k, as Japan election lifts risk sentiment

HTX Trading Championship II Officially Launches: Win Your Share of the $1.5M Prize Pool and Redeem Gold Rewards in the Points Contest

BitcoinWorld HTX Trading Championship II Officially Launches: Win Your Share of the $1.5M Prize Pool and Redeem Gold Rewards in the Points Contest PANAMA CITY, Feb. 11, 2026 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, officially announced the launch of its premier annual event, the HTX Trading Championship II, on February 11, 2026. Running from February 11 to March 23, the event features a total prize pool of $1.5 million. This second season is structured around three core formats: the Points Contest, the Trading Challenge, and the Team Battle. Through a tiered tournament structure and substantial incentives, HTX aims to deliver a high-value, world-class digital asset trading experience for its global user base. Join in HTX Trading Championship II: https://www.htx.com/en-us/topic/activities/web/peakMatch?id=177077608059086 Points Contest II Opens First: Trade to Earn Lanterns and Redeem $400,000 in Physical Gold Kicking off the championship is Points Contest II , running from February 11 to February 21. Timed to coincide with the Chinese Lunar New Year, the campaign invites participants to earn “New Year Lanterns” through eligible spot and futures trading activities. These Lanterns can be redeemed for rewards, with a total physical gold prize pool valued at $400,000. To ensure inclusivity, Points Contest II features three tiers: First-Time Tasks, Silver Tasks, and Platinum Tasks. This framework accommodates everyone from new users to high-frequency professional traders. Participants activate their “New Year Fortune” and receive initial Lanterns by completing their first spot trade, futures trade, or transfer to a USDT-M account. As trading volume increases, users unlock the Silver and Platinum tiers. At the highest tier, a cumulative spot volume of 10 million USDT yields 700 Lanterns, while a futures volume of 300 million USDT yields up to 3,800 Lanterns. Each participant can accumulate a maximum of 6,226 Lanterns. These can be redeemed for a variety of physical gold rewards, including 20-gram investment gold bars, 10-gram HTX commemorative gold coins, as well as selected gold ornaments and jewelry. This redemption structure ensures that reward value scales proportionally with trading volume. Additionally, the 8th, 88th, 888th, and 8,888th registered users will each receive a special “Gold Fortune Bead.” Up Next: AI-Powered Trading Challenge & Team Battles Following the Points Contest, the competition intensifies with the Trading Challenge and Team Battles, where contenders vie for the majority of the remaining prize pool. Running from February 21 to March 8, the Trading Challenge II introduces upgraded rules and two distinct ways to win. A dual-metric evaluation—based on both PnL and PnL%—levels the playing field, giving both large-scale investors and highly skilled traders a real shot at the prizes. To turn up the excitement, new and returning users can unlock a massive 3× reward boost, supercharging their climb up the leaderboards. Team Battle II formation begins on February 21, with the actual trading period running from March 8 to March 23. This format lowers entry barriers by introducing an AI Team Leader and one-click Copy Trading. Team leaders earn double incentives, including a share of team profits and exclusive leadership bonuses. The HTX Trading Championship II isn’t just a competition for skilled traders; it’s a “trade-as-you-earn” celebration designed to keep your trading momentum strong all season long. Since its debut, the HTX Trading Championship has become a key pillar of the HTX experience. The first season attracted over 90,000 traders and generated a staggering trading volume exceeding 14 billion USDT. Having already distributed nearly 1 million USDT in prizes, the series stands as a testament to HTX’s commitment to rewarding its global community. Whether you are a steady spot investor or a seasoned futures trader, now is the time to join. Experience a unique blend of competition, strategy, and teamwork as you compete for a share of the luxury prize pool. Join the event and start the next chapter of growing your assets in 2026. About HTX Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . This post HTX Trading Championship II Officially Launches: Win Your Share of the $1.5M Prize Pool and Redeem Gold Rewards in the Points Contest first appeared on BitcoinWorld .

Africa records highest stablecoin conversion spreads, data shows

Data observed across 66 corridors in Africa shows conversion costs from 1.5% to 19% in January, with competition driving pricing gaps.

Shiba Inu Price Prediction: SHIB Tests $0.00000581 Support as Analyst Eyes $0.00002 Rally

Shiba Inu is trading at approximately $0.000005808, having started around $0.00000597 before briefly climbing to $0.00000605, where it met resistance. The token failed to sustain gains above the key $0.00000600 zone and reversed sharply, breaking support and entering a clear downtrend with consecutive lower highs and lower lows. Selling pressure pushed the price down toward $0.00000580, where it has stabilized near current levels. Overall, the structure reflects short-term bearish momentum, with $0.00000600–$0.00000605 acting as resistance and $0.00000580 as immediate support. SHIB Eyes Reversal From Key Support, Long-Term Rally in Focus According to analyst Crypto GVR, SHIB is approaching a critical demand zone between $0.000005 and $0.0000061, with the token currently trading around $0.00000606. This area is viewed as a potential accumulation range. Buyers could absorb ongoing selling pressure after the recent decline from higher levels. If SHIB holds above $0.000005 and maintains stability near $0.0000060, it may confirm that sellers are weakening. A sustained defense of this support zone would increase the probability of a short-term base forming. From a long-term outlook, Crypto GVR projects that a confirmed reversal from the $0.000005–$0.0000061 range could eventually drive SHIB toward $0.00002 and possibly $0.00003. However, this move would require a breakout above interim resistance levels near $0.000009–$0.000012, followed by strong volume expansion. Holding above $0.000005 remains critical, as a breakdown below this level could invalidate the bullish structure and extend the downtrend. Shiba Inu Price Extends Downtrend as Bearish Momentum Strengthens On the 1-day chart, Shiba Inu is in a clear downtrend characterized by consistent lower highs and lower lows. After a brief rally earlier in the period, price action rolled over, and sellers regained control, pushing SHIB steadily downward. Recent candles show continued weakness, with price hovering near short-term support around the $0.0000057–$0.0000058 zone. The structure remains bearish unless a strong rebound breaks the sequence of lower highs and establishes a higher high. The MACD is below the zero line, with the MACD line trading beneath the signal line and red histogram bars expanding, signaling increasing downside momentum. Meanwhile, the RSI is near the low 30s, approaching oversold territory but not yet showing a strong bullish divergence. This suggests selling pressure remains dominant, although the market is nearing levels where a short-term relief bounce could occur if buyers step in.