The crypto market has come under heavy selling, with Bitcoin sliding below the $70,000 mark and wiping out months of consolidation gains. Shiba Inu has so far stayed above key support, while Ethereum is nearing the crucial $2,000 area after breaking several technical levels. Further downside in Bitcoin could keep pressure on major altcoins if risk-off sentiment and liquidations persist.

According to blockchain tracking data, wallets associated with Ethereum cofounder Vitalik Buterin have traded about 2,961.5 ETH, worth roughly $6.6 million at an average price near $2,228, over the last three days. This on-chain activity is unfolding as ETH loses key supports around $2,800 and $2,700 and trades close to the psychologically important $2,000 area, raising concerns about further downside and potential panic among market participants.

According to U.Today, momentum gauges show bears are overextended, placing many assets in oversold territory. XRP remains capped beneath $1.60 after failed rebounds, while SHIB's roadmap centers on reclaiming the 26/50 EMA and $0.0000078. Ethereum prints its most oversold daily RSI in 300 days, hinting at room for a technical bounce if sentiment steadies.

According to U.Today, the whale cohort known as '7 Siblings' accumulated 12,771 ETH for roughly $31 million at an average near $2,427 over the past 10 hours as Ethereum slid toward $2,400. ETH has broken below key moving averages and a January range; if $2,400 gives way, price could approach $2,200, while continued accumulation may aid stabilization.

Recent XRP Ledger metrics show network payment throughput climbing to an all-time high of nearly 1.9 million account-to-account transactions per day, even as XRP's price extends a multi‑month downtrend. The token has broken below key support within a descending channel and briefly traded near the mid‑$1.60 area, a level some traders liken to the "number of the beast," highlighting the intensity of current selling pressure.

In the past 24 hours, on-chain data show a net outflow of about 101 billion Shiba Inu tokens from exchanges, signaling a notable shift in market behavior. This movement suggests traders are moving SHIB into private storage, easing immediate selling pressure as the price consolidates within a tightening triangle pattern. If the current pace of exchange outflows persists, the reduced available liquidity could gradually weaken bearish dominance and support a broader recovery attempt.

The latest crypto market structure points to a transition phase, with XRP's multimonth sell-off showing signs of exhaustion while Shiba Inu remains stuck in a broader downtrend. XRP is compressing near a historically active zone and trading on lighter downside volume, whereas SHIB continues to face resistance from downward-sloping moving averages. Bitcoin is still seen as relatively stable as long as its price stays above the key $80,000 support region, framing the current move as a correction within a larger consolidation.

XRP is edging back toward the $2 psychological zone as traders weigh whether it can reclaim and hold this level after a prolonged downturn. Ethereum is printing higher lows above $2,800 while Bitcoin attempts to recover from the high-$80,000 area but still faces resistance from the 26 and 50 EMAs.

Shiba Inu (SHIB) is coiling beneath its 50 EMA, and a decisive break could quickly extend 8–10% before the 100 EMA, which remains the next major barrier. The pattern shows rising lows and subdued volume, implying a potential volatility release if momentum builds, while the broader downtrend still frames the risk.