CandleFocus

$70,000 Has Never Been Closer for Bitcoin (BTC), Will Shiba Inu (SHIB) Finally Reach $0.00002? Ethereum (ETH) Missing Comeback

Bitcoin is showing strong signs of recovery as it approaches the $70,000 price level, breaking through significant resistance levels. However, traders should watch out for the $67,000 resistance and $62,000 support levels. Shiba Inu (SHIB) is also experiencing a rebound and needs to break through resistance at $0.000021 to reach the $0.00002 mark. Ethereum is struggling to regain its footing, facing resistance at the 200-day moving average and lacking institutional support. The absence of institutional inflows and weak technical patterns suggest limited short-term upside potential for Ethereum.

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