Victoria Bazir
After days of lackluster trading, crypto markets are showing signs of life again. Major coins are posting gains as buyers step in to defend key price levels, with Shiba Inu (SHIB) leading the charge among popular assets.
Bulls Return to Defend Support Levels
Crypto traders are seeing renewed action after a quiet stretch. According to $SHIB KNIGHT, buyers have successfully held important support zones across the market, bringing back some optimism to trading floors.
The numbers tell the story: Shiba Inu is trading at 0.00001005 (up 1.41%), and Bitcoin is holding near $107,776 (up 0.55%). When major coins move up together like this, it usually means buyers are starting to take control again after weeks of going nowhere.
Shiba Inu Reclaims Four-Zero Zone
Shiba Inu has clawed its way back into the four-zero zone - a price range that's historically attracted strong buying interest. There's clear accumulation happening around the 0.00001000 mark, with both big players and everyday investors treating these levels as a decent entry point. This kind of consolidation has often come before bigger moves up in past cycles. Trading volume isn't explosive yet, but the steady climb suggests people are getting more confident in meme coins again.
Market Outlook and What's Next
The broader market is finding its footing as Bitcoin stays comfortably above $107,000, which helps restore confidence across the board. Money rotating into altcoins like Shiba Inu signals that traders are willing to take on more risk again after being cautious for weeks. If things continue this way, analysts expect the uptrend to keep going gradually, with SHIB likely holding above 0.00001020. For now, bullish sentiment is building carefully - possibly marking a turning point as investors position themselves for the next big move.
Victoria Bazir
