Bitcoin Struggles Near $90k, Solana Shows Volatility, Shiba Inu Eyes Breakout

Bitcoin's Uphill Battle

Bitcoin is struggling to maintain its bullish momentum, failing to reclaim the $90,000 level amid declining trading volume. The lack of significant buying pressure and institutional demand has left BTC vulnerable, with critical support levels at $85,000 and $82,000. While a break above $90,000 with high volume could revive bullish sentiment, the $100,000 target seems increasingly distant. Technical indicators, including the 50-day and 100-day EMAs, are acting as resistance, signaling potential consolidation or a pullback.

Solana's Volatile Crossroads

Solana's price has been erratic, unable to establish a steady trajectory despite attempts to breach resistance. The appearance of three consecutive candles on the chart suggests a potential sentiment shift, possibly leading to a reversal or trend continuation. Currently trading at $142, SOL faces key resistance at $164 and $184, with support levels at $130 and $120. A breakdown below these levels could push SOL toward $120, while a breakout above resistance might trigger a rally toward $160. The asset's ability to attract volume suggests ongoing trader interest, but its direction remains uncertain.

Shiba Inu's Potential Breakout

Shiba Inu is gaining traction as it approaches the critical $0.000013 resistance level. A recent surge in trading volume and a string of higher lows suggest a potential breakout. A clear move above this level could trigger a rally toward $0.000016 and $0.000018, similar to SHIB's historical explosive movements. Bullish indicators, including a rising RSI and a potential breakout above a declining trendline, further support the case for upward momentum. Increased accumulation and volume suggest growing buying interest, making SHIB a cryptocurrency to watch closely.