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Shiba Inu's Upward Attempt Could Be a Trap: The Price Must Break Through This Level.
The Shiba Inu price has risen 7.2% in the past week, sparking hopes of a breakout. However, traders hoping to ride this momentum should think twice. SHIB is approaching the upper end of a pattern that can often reverse in either direction, and false signals here could be costly.
Furthermore, despite the weekly price increase, several on-chain and technical clues have emerged that suggest all may not be well in the broader Shiba Inu price action. If
SHIB-2,15%
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Altcoin season discussions continue as the crypto market enters fear territory.
Crypto market sentiment has shifted to fear, with sentiment sources indicating that investors are temporarily backing away from moving lower on the risk curve.
It's clear that investors are showing less interest in obscure altcoins and are instead debating which major asset will break out next.
The crypto market appears to be increasingly focused on larger-cap crypto assets like Bitcoin (BTC), Ether (ETH), and XRP (XRP). The heavy focus on large-cap coins could indicate a more cautious
CRV-2,61%
CLEAR0,31%
IN-6,73%
MAJOR-3,08%
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#GateSquare‍  #SparkProgram  
As the crypto market enters the fear zone, discussions about altcoin season continue.
The sentiment in the crypto market has shifted to fear, with sentiment sources indicating that investors are temporarily retreating on the risk curve.
Obviously, investors are losing interest in obscure altcoins and are discussing which major asset will break out next.
The crypto market seems to be increasingly focused on large market cap crypto assets like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The heightened attention on large cap coins may indicate that investor sent
BTC-1,12%
ETH-1,95%
XRP-1,82%
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#GateSquare‍  #SparkProgram  
As the crypto market enters the fear zone, discussions about altcoin season continue.
The crypto market sentiment has shifted to fear, with sentiment sources indicating that investors are temporarily retreating on the risk curve.
Clearly, investors have lost interest in obscure altcoins and are discussing which major asset will break through next.
The cryptocurrency market seems to be increasingly focused on large-cap crypto assets like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The heightened attention to large-cap coins may indicate that investors' sen
BTC-1,12%
ETH-1,95%
XRP-1,82%
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