Shiba Inu Coin SHIB gave the market a surprise at the start of 2026—four consecutive days of gains caught many investors off guard. On January 5th, the price even surged to $0.00001017, but this rapid rally was short-lived, and it eventually fell back to $0.00000846.

The current situation is as follows: over the past 24 hours, SHIB has decreased by 0.8%, with a quote of $0.000008658, which sounds a bit soft. But from another perspective, the weekly increase has reached 9.58%, indicating medium-term support. More importantly, the token has held the 50-day moving average at $0.000008—this line is a crucial defense line for technical traders.

From the team’s perspective, SHIB’s core member Lucie also spoke out, mainly encouraging the community to "bite the bullet and hold on," while emphasizing the role of market sentiment. Such statements are quite meaningful during market fluctuations, at least showing that the team is still present.

Market analysts also have a positive outlook: if the $0.000008 level can be maintained without breaking, then there is a foundation to re-challenge the $0.00001 barrier. Of course, variables in the crypto market are always unpredictable, but at least the technicals give us a clear point of observation.