thecryptobasic.com
A prominent Bitcoin advisor has warned the Shiba Inu community that SHIB is dead unless it rebounds to a crucial support zone.
As the broader crypto market anticipates a significant recovery, BingX Bitcoin advisor Nebraskan Gooner argues that Shiba Inu’s long-term outlook hinges on reclaiming a key price region.
“SHIB Is Dead”
In an analysis posted on X yesterday, Gooner stated that Shiba Inu is effectively dead unless the token climbs back into the zone highlighted in red on his chart. The chart shows this key region as a horizontal band between $0.000014 and $0.00001, marked in red.
Notably, this zone previously served as a multi-year support area where SHIB repeatedly consolidated and bounced.
Notably, Shiba Inu recorded one of its strongest surges after tapping this region in early March 2024, when the asset rallied to $0.000045. Since then, SHIB has dropped sharply from that high, revisiting the support band between $0.000014 and $0.00001 earlier this year.
However, the token has traded below this zone for most of Q4 2025. Losing such a major support level often signals trend exhaustion or the beginning of a deeper bearish phase. Once a key support area, such as the one highlighted by Gooner, is broken, it often flips into strong resistance, making any upward recovery significantly more difficult.
Consequently, Gooner argues that if Shiba Inu fails to rebound into this crucial area, the token is effectively “dead,” as any potential rally may struggle to gain momentum.
Major Recovery Still Possible for Shiba Inu
At press time, Shiba Inu traded at $0.000008618, sitting 33–38% below the $0.000013–$0.000014 support range. Although SHIB is up 1.78% in the past 24 hours, it remains down 0.63% over the past week.
Meanwhile, crypto market participants commenting on Gooner’s post noted that SHIB is not alone in this trend, arguing that most altcoins appear stalled or “dead” during the current market phase. One user suggested that SHIB’s chances of recovering may remain limited until altcoin season begins.
Still, several community members believe SHIB could replicate its remarkable 2021 run if the project’s team executes key changes.
According to Zach Humphries, the Shiba Inu team must refocus every ecosystem initiative around SHIB, position the token to capture the next wave of retail interest, and develop a clear, actionable roadmap to revive the momentum that fueled its 2021 surge.
Can Bitcoin Help SHIB?
Although Shiba Inu has traded below $0.00001 for several weeks, the token could still recover if Bitcoin rallies above $100,000. Recently, analysts such as Captain Faibik predicted that Bitcoin might rebound to $125,000 from the $90,000 region later this week.
Bernstein analysts have also projected that Bitcoin could reach a new peak of $150,000 in 2026. Historically, sharp BTC surges often trigger broader market momentum, typically lifting assets like SHIB.
However, uncertainty remains, as the market could turn fully bearish next year, according to analysts like Peter Brandt.