#数字资产市场动态 Recently, the trends of Dogecoin and Shiba Inu indeed reflect the overall weakness in the crypto market. DOGE is currently trading at $0.123, while SHIB is around $0.000007165, both under pressure simultaneously. From the market perspective, this wave of selling is not an isolated event—Bitcoin's rebound momentum is insufficient, and Ethereum is also under pressure. The highly volatile meme coins naturally become targets for selling.

On the technical side, things are even more interesting. DOGE is repeatedly testing within a narrow range, with the $0.122 level being particularly critical—if it breaks below, it could quickly drop toward $0.1180. On the upside, around $0.1264 is an important resistance; if it can't break through this level, short-term rebounds are unlikely. The situation for SHIB is worse; it has already lost the support zone of $0.00000717-$0.00000718 and can only hope that the defense line at $0.00000707 holds.

Honestly, the current market volatility is mainly driven by technical factors and liquidity, with the fundamental story not very compelling. If Bitcoin continues to fail to rally and Ethereum remains in this bearish state, DOGE and SHIB might have more room to fall. Whether these two coins can hold their respective technical supports will directly determine the next direction. As the year-end approaches, market liquidity is already thin, and everyone is testing the waters. Cautious trading is the more rational approach.