๐ถ๐ *Shiba Inu (SHIB) Has Never Been This Cheap Against Bitcoin โ Rebound Ahead?* ๐๐ง
Shiba Inu (SHIB) has just hit an all-time low against Bitcoin (BTC), having *crashed over 90%* since its peak in the SHIB/BTC pair. Thatโs right โ SHIB has *never been this undervalued vs BTC*.
๐ What Happened?
- SHIB is down massively against Bitcoin, reflecting *BTCโs dominance* and SHIB's underperformance in this cycle.
- A 90% drop means 1 BTC now buys way more SHIB than ever before โ historically, these levels have preceded strong *mean-reversion rallies* in altcoins.
๐ Is This Time to Accumulate?
โ *Pros for Rebound*:
- Whale inflows into SHIB have surged recently.
- If BTC stabilizes or cools off, SHIB and other altcoins often *bounce hard*.
- Meme season might be reignited with low SHIB/BTC ratios tempting speculative traders.
โ ๏ธ *Caution*:
- SHIBโs fundamentals remain speculative; it needs *strong community activity or a news catalyst* to push higher.
- BTC could still go higher and keep SHIB suppressed.
๐ฎ Prediction:
If SHIB manages to hold this support zone and meme token momentum picks up again, we could see a *30โ50% bounce* short-term vs BTC. Longer term? A *2โ3x vs BTC* isnโt off the table โ but only with market-wide altcoin strength.
๐ Keep your eyes on SHIBโs volume and whale wallet movements.
๐ฆด Itโs cheap now, but cheap can get cheaper unless momentum returns.