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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Discuss BTC trading experiences, market views, or show off your contract gai
Shiba Inu Might Be Bouncing Off the Bottom: Is a Trend Reversal Ahead?
Shiba Inu (SHIB) had a tough week, dropping more than 16%, but fresh data suggests a potential turnaround may be on the horizon. On-chain metrics and technical indicators both point toward a possible local bottom — and a new bullish phase could be forming. 🔹 SHIB is currently trading at around $0.0000141, down 3% over the past 24 hours. However, trading volume has surged more than 88%, indicating renewed investor interest.
📉 Is the Bottom In? On-Chain Metrics Suggest a Reversal After a sharp price drop, Shiba Inu may be finding solid ground. The MVRV ratio — which compares market value to realized value — has dropped to levels similar to Q3 2024, just before SHIB surged 128%. If history repeats, SHIB could climb to $0.000032 within weeks. Another bullish signal: loss-making SHIB transactions on-chain have dropped significantly. Earlier this month, loss-making volume neared 5 trillion tokens, but that number has now fallen below 600 billion. This suggests investor capitulation might be ending — fewer are selling at a loss, which reduces downward pressure.
📊 Technical Indicators Signal Bullish Momentum Technically, the daily chart is starting to show signs of strength. The CMF (Chaikin Money Flow) indicator is rising despite the falling price — hinting that smart money may be accumulating. At the same time, the ADX (Average Directional Index) is weakening during the downturn, signaling that bearish momentum is losing steam. If SHIB holds the support at $0.0000139, it could bounce toward resistance at $0.000016. Breaking above this level may open the door for a rally toward $0.000022.
🐶 SHIB Poised for the Next Bull Run? With bullish signals from both on-chain data and price charts, Shiba Inu might be positioning itself for a rebound. If the broader crypto market recovers from the current correction, SHIB could be among the leaders of the next upward wave.
#Shibarium , #SHIB , #CryptoNewss , #CryptoAnalysis , #memecoin
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