Fixated on Bitcoin Alone! Shiba Inu (SHIB) Faces Precarious Balancing Act After 60% Plunge

▲ Shiba Inu (SHIB) / AI-generated image ©

Shiba Inu (SHIB), which had staged a surprise rebound of nearly 10% in a week, has lowered its head again after hitting the high wall of macroeconomic pressures, raising investor concerns that a prolonged crypto winter may continue.

According to crypto-focused outlet Watcher Guru on Feb. 16 (local time), Shiba Inu briefly reclaimed the $0.000007 level on the 15th, supported by a broader market rally over the weekend. However, the recovery was short-lived and quickly reversed amid heavy selling pressure. Market bellwether Bitcoin (BTC) also surged to $70,000 on Sunday but slipped back to around $68,000, leading the overall downward trend.

Based on CoinGecko data, Shiba Inu recorded a rebound of about 10% on the weekly chart, but other indicators paint a grim picture. The token has fallen 2.7% over the past 24 hours and 22.2% over the past month. Notably, since February 2025, it has plunged nearly 60%, drawing a clear downward trajectory.

Shiba Inu has struggled throughout 2025 to secure upward momentum. After reaching $0.000032 in December 2024, the price steadily declined and suffered a severe blow during the market-wide crash triggered by a liquidity crunch in February 2026. Persistent macroeconomic uncertainty, geopolitical tensions, and liquidity shortages continue to hinder any rally, making it difficult for the token to achieve a meaningful rebound on its own unless macro conditions improve.

Like most altcoins, Shiba Inu’s fate remains closely tied to Bitcoin’s trajectory. Until Bitcoin firmly enters a bullish phase, positive price movement across the broader market is expected to remain limited. In this regard, analysts at crypto data platform CoinCodex predict that Bitcoin may recover to the $79,000 level by the end of February but is unlikely to hold that support for long. During this process, however, Shiba Inu could regain some upward momentum.

CoinCodex analysts noted that while Shiba Inu may attempt a technical rebound, it is premature to expect a dramatic surge that would eliminate a zero from its price. They offered a relatively conservative forecast that Shiba Inu will trade around $0.0000007992 near April 29, 2026, urging investors to exercise caution.

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