Shiba Inu’s Golden Cross Gets a Bad Hair Day, Death Cross Serves Up Weekend Doom

Shiba Inu ($SHIB) kept its weekend nosedive on cruise control, slipping another 3.04 % in the past 24 hours to a fresh low of $0.000005780 while the wider crypto market caught a fresh wave of selling on Sunday – proof that even meme coins can’t surf the hype tide.

CoinGlass flags $361 million in liquidations across 119,741 traders over the last day, with longs swallowing $294 million (about 85 % of the total) and shorts only managing $67.43 million. The lopsided liquidation picture shows most traders were betting on a bounce that never materialised – guess the only thing that bounced was their ego.

Macro‑headwinds remain stubborn. The Fed’s decision to keep rates steady has left crypto sentiment on edge, and the Crypto Fear & Greed Index is stuck at 27 – firmly in “fear” territory, which is basically the market’s version of a bad hair day for optimism.

On the technical front, $SHIB just logged an hourly death cross: the 50‑period moving average slid beneath the 200‑period line as price fell. This erases the brief golden cross that flashed on Saturday when the market hinted at a rebound, only to be snuffed out by Sunday’s sell‑off – think of it as