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Crypto

Bitcoin dominance reclaims 60 percent, dimming expectations for a 2026 altcoin season

Bitcoin dominance climbed to 60.66 percent, weakening expectations of a fund rotation into altcoins. BeInCrypto reported that dominance broke above 60 percent last week, ending an eight-month accumulation phase. Charts show dominance testing resistance near 61 percent, with RSI and MACD indicating rising momentum. Some warn that a move above 61 percent or a rise to 66.06 percent could worsen pressure on altcoins. Analysts cited mixed signals for any altcoin season.

Crypto

Shiba Inu derivatives bets swell; open interest growth outpaces bitcoin and XRP

Shiba Inu futures open interest rose 13.45 percent over 24 hours to $69.79 million, outpacing the growth rates of bitcoin and XRP, as bets topped 11 trillion SHIB. Inflows to futures positions exceeded outflows, and trading volumes rose sharply across markets. Spot trading showed a slight bullish bias, while futures positioning leaned strongly bearish. Technical indicators highlighted support near the 50-day moving average and improving momentum signals.

Crypto

Shiba Inu shows signs of trend reversal, analysts see up to 100 percent upside

Shiba Inu is holding a key retest zone at the top of a long-term declining channel, raising early signs of a trend reversal. Analysts cited by The Crypto Basic said a successful defense could open room for additional gains of about 100 percent. Traders are watching $0.0000058 to $0.0000060. Bollinger Bands and momentum indicators have improved, while burn activity and derivatives open interest rose over the past 24 hours.