SHIB Tests Oversold Levels, HYPE Rebounds Toward $65, BTC Holds Near $60,000

Shiba Inu (SHIB) slid to fresh local lows after breaking a multi-month rising channel, with RSI dropping below 30 while price remains under key moving averages. Hyperliquid (HYPE) bounced after falling from around $76 and briefly dipping under $60, recovering toward the $65 area. Bitcoin (BTC) is attempting to base around $60,000-$63,000 after a rapid move from above $80,000 to near $60,000, though it still trades below major moving averages.