Wait a minute—are meme coins falling freely again? I just saw Dogecoin around $0.904, and now it’s bleeding again because Bitcoin can’t hold its momentum. The meme coin market is too sensitive: if Bitcoin is a little weak, the whole crowd follows and drops.

Shiba Inu is the same—down to $0.00000539 even though there’s just been news about token burn activity surging by more than 8,000%. Over 3.8 million SHIB tokens have been removed from circulation. Normally, this should support the price in the long term, but the current market doesn’t care about fundamentals at all. Pepe isn’t any better either, trading around $0.00000334 with constant sell pressure.

The scary part is that Dogecoin just failed to break above the $0.104 level, reverting to a symmetrical triangle pattern—meaning the market is balanced between buyers and sellers, and no one dares to push the price higher. Technical analysis shows an important support zone at $0.00000526 for Shiba Inu. If it breaks down below that, it could get even worse.

Bitcoin falling below $70K is a bad sign for all meme coins. These coins depend entirely on market sentiment: if Bitcoin is weak, the whole crowd is weak too. It’s uncertain when there will be a sustainable recovery, and now geopolitical tensions are adding even more stress. Let’s wait and see where Bitcoin will find support.