The price of Shiba Inu (SHIB) has dropped 33% from its December highs, possibly due to underperformance of its layer-2 network, Shibarium. Shibarium's declining transaction fees have impacted SHIB token burning. However, there are signs of a potential rebound for SHIB. The cryptocurrency market is rallying, with Bitcoin nearing the $100,000 resistance point, and the inauguration of Donald Trump and the start of Paul Atkins' era at the Securities and Exchange Commission may also benefit SHIB. The daily chart shows a reversal sign with a hammer or morning star candlestick pattern, and a falling wedge chart pattern suggests a bullish reversal signal. SHIB has also formed a bullish divergence on the Relative Strength Index, indicating a potential bounce back to last year's high. However, a drop below the key support level would invalidate the bullish view.



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