Cryptocurrency Market Analysis: Ethereum at a New Level, Shiba Inu and Dogecoin in Consolidation Phase

Ethereum: Trend Research Extends Position to $1.8 Billion

Corporate investor Trend Research continues to strengthen its exposure to Ethereum, accumulating another tranche of this leading altcoin. The latest accumulation of $35 million has increased the total ETH reserve to $1.8 billion, placing the firm among the largest corporate holders of this asset.

Data from Lookonchain reveal that Trend Research’s wallet holds over 601,000 Ethereum tokens. To finance this tranche, the company borrowed stablecoins worth $958 million on the Aave platform, based on an average ETH price of $3,265. Considering Ethereum’s current trading around $3,110, this strategy suggests long-term optimism from management.

Jack Yi, founder of Trend Research, justifies the aggressive acquisition by believing that support will come from multiple directions in the second half of 2026. He expects a temporary weakening in the first quarter but predicts that normalization of interest rates, regulatory evolution, and the dynamic development of the stablecoin ecosystem will lay the foundation for this asset’s appreciation.

Shiba Inu: Transfers from Exchanges Suggest Accumulation Phase

At the end of the year, SHIB is trading at $0.000007223, down 1.24% over the week. Despite short-term price pressures, chain analysis data show an interesting movement – holders transferred over 50 million SHIB tokens from centralized platforms in recent days.

This exodus from exchanges may signal a change in investor approach. Such transfers could indicate longer holding periods, shifts to cold wallets, or internal redistributions among major stakeholders. From a technical perspective, Shiba Inu remains below key moving averages, and the trend formation maintains a bearish character.

Analysts see this situation as a potential turning point. If the consolidation phase prolongs, the market could reach a balance between supply and demand forces. The first significant move will determine the direction for this meme coin in the coming weeks.

Dogecoin: Supporters Indicate Rise to $0.21

DOGE is currently trading at $0.14, with a seven-day decline of 6.90%. Despite recent weakness, some analysts see potential for larger moves.

World of Charts expert published a technical analysis indicating the possibility of DOGE reaching $0.21. The observation is based on a consolidation pattern below a descending trendline that has persisted for several months. Historically, such configurations precede breakouts, although the direction remains uncertain.

Additionally, trader Tanigrade identifies key resistance levels at $0.140 and $0.145. He believes that to reach target levels, DOGE would need to break through these barriers and gain momentum. Consolidation at current levels suggests the market is waiting for impulses that could come from sentiment shifts or broader trends in the cryptocurrency market.

Summary

The cryptocurrency market at the beginning of 2026 presents an uneven picture. While large corporate players like Trend Research are aggressively accumulating Ethereum, less liquid altcoins like Shiba Inu and Dogecoin remain in consolidation phases. Asset transfers from exchanges may indicate growing interest in long-term holding, serving as a potential trigger for future price movements. Investors monitoring SHIB and DOGE should pay attention to resistance levels and technical formations as indicators of the next move.

Frequently Asked Questions

What are the medium-term prospects for Shiba Inu?

Most analytical models suggest limited growth potential due to SHIB’s high market capitalization. However, transfers from exchanges may indicate a shift in demand dynamics.

What are the current market sentiments towards Shiba Inu?

Sentiments are mixed – concerns about declining on-chain activity are balanced by optimism stemming from community support. As sentiment-driven rallies become harder to sustain, investment capital may shift toward projects offering real fundamental value.