Bitcoin fell below US$63,000, Shiba Inu, Near Agreement and Hyperliquid struggled at key resistance

Shiba Inu continues to seek stability after failing attempts to reverse long-term trends

Shiba Inu (SHIB) is currently trading at US$0.0000453, up about 1.6% on the daily chart, but bears still dominate the broader technical landscape. The token has formed a consolidation range around $0.0000453, the price is testing support around $0.0000446 and hovering below the short-term moving average of $0.0000459. Recovering US$0.0000459 would be an early signal that buyer interest would be reactivated, while US$0.0000492 would be a stronger resistance level, which had twice prevented prices from rising after fluctuations at the end of July.

If the daily closing price is above US$0.0000492, it may push the price further to the US$0.0000520 - 0.0000550 range. However, the long-term outlook for Shiba Inu remains weak as it continues to trade below its 200-day moving average (US$0.00000581, still trending downward). Before the SHIB closes above these long-term trend lines, any rebound should be seen as a potential rebound volatility in a larger bearish background. Immediate support is between $0.00000440 and $0.0000445. A break below this range may refocuse around the July consolidation range of $0.0000420 and open up room for testing local lows. On the positive side, the Relative Strength Index (RSI) is 47.5, indicating that momentum still has room for improvement and if demand increases, buyers may regain control of the situation.

Although the SHIB rebounded by 1.6% within the day, breaking through US$0.0000492 will open a higher price range, while falling below US$0.0000440 risks retesting recent lows.

Bitcoin is still consolidating in a narrow range around US$62,600

After falling 1.2% on the daily line, Bitcoin slipped below its short-term moving average of approximately US$62,587 and continues to consolidate within a narrow range. In recent weeks, Bitcoin has repeatedly tested support levels between $63,400 and $63,900, but has failed to continue to break through the area. The downward trend has strengthened short-term seller dominance, and momentum indicators confirm this: the RSI dropped to 40.65 and the signal line is at 48.8, indicating that Bitcoin is not yet oversold. The next key support area is between $61,500 and $62,000, which has absorbed selling pressure multiple times since July.

A decisive closing of the daily line below this support will weaken the current structure and turn market attention to the psychological level of $60,000. If it falls further, the low of US$58,000 -59,000 at the end of June will become the next reference level.

To hit the more meaningful resistance level near $66,500, Bitcoin must recover $63,900 -64,000. Continued trading above this downtrend line would signal a more substantial bullish shift, although long-term resistance remains well above $71,800. Buyers need to push Bitcoin above $66,500 to reverse the broader downtrend, while a break below $61,500 could open the way for a decline to $58,000.

Key price level reference

Key resistance level: US$66,500
Short-term resistance level: US$63,400 -63,900
Current trading range: US$61,500 -62,000 (Key support, immediate downside risks)
Psychological support: US$60,000
Main support (June low): US$58,000 -59,000

Near Protocol and Hyperliquid technology prospects diverge

Near Protocol, as the first layer of blockchain that provides fast, scalable smart contracts, continues to face continued technical resistance. Despite periodic stabilization near recent lows, NEAR remains below the main moving average, strengthening the bearish trend. Recovering short-term moving average clusters is crucial to changing market sentiment. Sellers still had the upper hand, as attempts to rebound failed to turn resistance into effective support. The RSI has rebounded from previous lows but remains below the neutral 50 level, indicating a possible stabilization but not a convincing reversal. NEAR needs to record higher daily lows and break through recent resistance to confirm a true recovery. Further declines could confirm the current pattern of lows moving downward and highs falling.

Hyperliquid, as a decentralized perpetual contract exchange and its governance token HYPE, is technically stronger after holding support around US$51 -52 and rebounding to the US$56 -57 region. The short-term moving average of about $57 is the focus, and a daily close above this level could improve momentum and open up space for $60 -61. The long-term moving average is currently at $50.90, successfully halting previous declines. Maintaining this defense is critical to a larger bullish recovery.

HYPE's momentum has also rebounded, with its RSI returning to neutral levels, indicating that selling pressure has eased. However, unless the buyer pushes the price above $56 -57, the possibility of testing $53 -54 again remains. A decisive break below $50.90 could mark a deeper decline. With the level of key technologies in HYPE's defense, the next few trading days will determine whether a true upward breakthrough or a consolidation phase will continue.