Shiba Inu (SHIB) price has experienced significant downward pressure since mid-September, declining by over 40% in a few months. This sharp fall has led to questions about whether the Shiba Inu token has reached its bottom or if further declines are imminent.
Insights shared by TheCryptoBasic on X suggest that current conditions may present a rare opportunity for SHIB price to recover and potentially surge, especially if historical patterns are indicative of future performance.
The SHIB token has seen a 62% drop since the start of the year and a 20% decline over the past 30 days. While these figures are concerning, the pattern of sharp corrections followed by significant rebounds is not unprecedented. TheCryptoBasic highlights a similar event from over five years ago, when SHIB price peaked in August 2020, subsequently dropping 99% over 120 days. This correction eventually led to a bottom in December 2020, preceding a massive rally in 2021 that saw the token reach $0.00008854.
Meme coins, including Shiba Inu, are known for experiencing deep corrections before potentially bouncing back explosively. Observing SHIB's current trajectory, some analysts believe it is approaching its next major rebound phase.
#ShibaInu: Analyst Says Some Huge Winners Will Come from Current Oversold Levels. #SHIB 🧵🧵🧵 pic.twitter.com/1SGh86KW6x
— TheCryptoBasic (@thecryptobasic) December 1, 2025
Technical Signals Indicate SHIB May Be Oversold
According to commentary from TheCryptoBasic, the SHIB token is nearing oversold territory. Technical analysis suggests that a 360-degree market cycle is approaching completion after nearly a year of bearish trends. Meme coins, such as Shiba Inu, typically bottom out when broader market trends align, and current conditions appear to be moving in that direction.
Additional signals are emerging from macroeconomic factors. The iShares Russell 2000 ETF is showing signs of a breakout, and meme stocks are demonstrating strength, which could create a favorable environment for meme coins. Furthermore, Bitcoin dominance reaching multi-year highs and Ethereum potentially bottoming out this month could serve as catalysts for SHIB price appreciation.
Projected Timeline for a Potential SHIB Surge
TheCryptoBasic points to historical patterns and technical setups that suggest a potential window of opportunity for a SHIB surge between February and March 2026. If market conditions align as anticipated, the SHIB token could yield substantial gains for patient investors.
This projection aligns with separate analysis from Meme Whale, which forecasts that Shiba Inu could rally to a range between $0.001 and $0.01 by April 2026. Such an increase would represent a significant rise from the current price of $0.000008045, underscoring the volatile yet potentially rewarding nature of meme coins.
Examining Shiba Inu's price through the lens of historical cycles and technical patterns reveals that patience may be as crucial as timing. Past corrections, which appeared severe at the time, ultimately laid the groundwork for some of the strongest rallies in the SHIB token's history. TheCryptoBasic emphasizes that overlooking these patterns could mean missing out on the next substantial upward movement in the Shiba Inu market.

