Shiba Inu (SHIB), a cryptocurrency, has shown signs of strength after Bitcoin's surge above $70,000. The market was optimistic, but Bitcoin's inability to maintain this level has affected SHIB and other altcoins. SHIB's upward trend has paused, preventing the confirmation of a golden cross and making the market uncertain without Bitcoin's sustained support. For SHIB to advance, Bitcoin must regain stability above $70,000, and SHIB's support at $0.00001700 is crucial. A pessimistic trend may occur if SHIB breaks below this support, while breaking through the next resistance level at $0.00002000 would support a bullish argument. SHIB's trajectory depends on Bitcoin's stability and market sentiment, and further progress is uncertain without these factors.
Tether shifts focus to European, Middle Eastern and African markets in the face of US legal troubles