Recent Price Action – A Slow Burn or a Coiled Spring?
As of early May 2025, $SHIB is trading at around $0.0000134, up slightly on the day. But it’s not the price that’s catching eyes—it’s the volume. In just ten days, SHIB saw over $45 billion in trading volume, a staggering figure even by its own volatile standards.
On the surface, the chart suggests a token in decline. After reaching above $0.00003 in late 2024, #SHIB dropped back below $0.000015 by March 2025, with lower highs along the way. But zoom in, and the story shifts. Price appears to be stabilizing, forming a potential base between $0.000012 and $0.000014.
This kind of flattening, especially after a prolonged drawdown, often precedes a larger directional move. The key will be whether SHIB can reclaim resistance at $0.0000155 and do it with meaningful volume. If that happens, technical traders might target $0.0000175 next, with eyes on the psychological $0.00002 mark.
Behind the scenes, burn activity has slowed, with fewer SHIB tokens being destroyed daily. That’s created some concern about long-term supply pressure. But others argue the recent volume surge compensates, indicating demand is reawakening regardless.
And perhaps most importantly, SHIB continues to benefit from Bitcoin’s strength. With #BTC currently floating near $99,000, the broader meme coin space is regaining attention, and SHIB, thanks to its pedigree, is often among the first to ride the wave.
Buy and Trade $SHIB & $BTC here
{spot}(SHIBUSDT)
{future}(BTCUSDT)
#StrategyTrade @wisegbevecryptonews9
The next 10 hours are crucial.
The upcoming weekly close will tell us a lot about what happens next for Bitcoin and Eth, and of course, the wider market.
Bitcoin 👇
These moves from Bitcoin have been nothing but violent an unforgiving for sideliners.
Price action has pushed from $75k to $105k without much of a pullback whatsoever, with the 1W MACD now crossing bullish. But surely, we are overdue a retrace?
But what kind, and when?
Well, right now Bitcoin has broken above the HTF trend, and if it closes above this, I would expect a retest pullback next week with continuation higher to ATHs.
If we drop and close below, I would expect a more significant pull back to the CME gap at $82k.
Regardless, we are highly bullish now and dips are for buying.
Ethereum 👇
What an insane week from $ETH, goddamn. Talk about not giving bottom jeets an entry. Total annihilation.
$ETH has pushed over 43% in 3 days, one of its largest 3 day gains in histroy.
During this push we have broken above the 1W 200ema, an extremely important HTF trend indicator, at the same time as the 1W MACD Crossing bullish, as well as 1D Supertrend flashing Buy.
In the past, everytime $ETH has had this confluence it has gone on to make huge moves.
If $ETH closes the weekly above the 1W 200d ema(at $2,250), i would expect a retest of it next week, with continuation higher into the above CME gaps.
If we close below, I would expect a pullback into the $2,100 level, with another push higher.
Overall, $ETH is extremely HTF reversal bullish here.
Now, we wait.
What are you expecting from the market next week?
Ethereum Breaks Its Realized Price—Is a New Bull Run Brewing?
Crypto market realized price is the average purchase price of all circulating coins. A trading price below the realized price indicates a negative market since investors are retaining a loss. The opposite is true for bull markets.
Based on Binance exchange activity for accumulating addresses, long-term holders and regular deposits, ETH is trading over $1900.
Although the market has rebounded since mid-April, this happened only last week. Since long-term holders are now profiting, ETH's price surge over $1900 signals fresh confidence in its long-term worth.
Most recent ETH outflows are from Binance, the most active crypto exchange for ETH trading, demonstrating this trust.
When Binance ETH deposit addresses are profitable with the current ETH price above the realized price, traders' confidence and market activity rise. The price gain over $1900 indicates continued positive momentum, allowing profit-taking without interrupting the uptrend.
Crypto ETH trading community. Massive ETH outflows on the exchange imply considerable market activity amid price appreciation.
The expert predicted the exchange's continued dominance since traders always utilize the most liquid exchange to manage their holdings for accumulation or profit.
Ethereum is now $2,525, up 5.88% in a day. The asset's trading volume is down 18.44% to $33.79 billion. A fresh failure in the last few hours keeps ETH next's resistance around $2,600. If the cryptocurrency breaks this barrier, it might reach $2,800.
#ETHCrossed2500 #BinanceAlphaAlert #AltcoinSeasonLoading #PectraUpgrade #AltcoinTrade $ETH $BTC