Shiba Inu (SHIB) Correction Starts Again: Whats Next?

　　Gráfico SHIB/USDT por TradingView

　　The industry is still reeling from unmet expectations post-Bitcoin halving, a period that should have sparked bullish sentiment. However, the anticipated rally across major crypto assets has not materialized, leading to a risk-off approach among investors. As cryptocurrencies like Bitcoin struggle to regain their highs, altcoins, including SHIB, are also feeling the pressure.

　　This recent price correction in SHIBs value may not be an isolated event but a segment of an extensive trend where risk appetite is low. The muted response from buyers post-halving suggests that confidence in the market is not as strong as expected, causing many to steer clear of more speculative assets like Shiba Inu.

　　Looking ahead, the key for SHIB will be whether it can maintain psychological and technical support around $0.00002. If it breaks below this level, it could lead to further declines as it searches for new support. If SHIB manages to stabilize or even rally from this point, it could renew interest among traders looking for an additional risk exposure. Holders need to brace themselves for more volatility with SHIB and the market in general.