Shiba Inu, Hyperliquid, Zcash and Ether Test Key Support Levels

Crypto markets deepened their Oct. 9 correction as Shiba Inu, Hyperliquid, Zcash and Ether approached key technical levels, with Zcash and Ether showing the clearest downside risks.

Zcash (ZEC) traded near $1,190, about 30% below its September high of roughly $1,700. Support stood near $1,180. A daily close below that level would put the $1,050-$1,100 range in focus, while a move above $1,340 would mark an initial improvement in buying interest.

Ether (ETH) traded near $2,525 after retreating from about $2,700. The $2,500 level remained the main support threshold. A break below it would bring $2,300-$2,350 into focus, while a recovery above $2,550 would improve the short-term technical picture.

Shiba Inu (SHIB) changed hands near $0.00000542 after falling below a longer-term moving average near $0.00000565. Support was identified near $0.00000529, followed by the $0.00000500-$0.00000510 area. Closing above $0.00000565 on the daily chart would reduce the strength of the bearish signal.

Hyperliquid (HYPE) pulled back to about $85.76 from a weekly high near $94 but remained above its major moving averages. Support stood near $84-$85 and then around $83.70. A break below $83.70 would put $78 in focus, while a move above $90 would return attention to $94 and the previous high near $98.

These levels define technical scenarios for the four assets as the correction continues. The available market data do not confirm a broader trend reversal or establish when any move will occur.