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Advertisement As Shiba Inu successfully breaks above a significant resistance level, it is indicating that a potential reversal may be imminent. After struggling under a descending trendline, the meme coin is now making an effort to break out of its bearish trend, giving investors new hope. According to the most recent price action, SHIB is trying to break above the descending trendline that has been limiting its growth in order to establish a bullish reversal.If the asset receives strong volume support, a clear move above this resistance level may open the door for additional gains. SHIB is currently trading at about $0.0000156, fighting against the resistance level of $0.0000165, which is essential for maintaining upward momentum. The next target, which is where stronger resistance is located, is probably going to be $0.0000170 and then $0.0000185 if bulls are able to break through this barrier.SHIB/USDT Chart by TradingViewTo prevent further drops, SHIB needs to maintain a strong hold on the $0.0000145 support level. The resurgence of whale activity is one of the most positive indicators for SHIB. Big investors have started buying tokens once more, which is usually a sign of optimism about the asset's future price movement. HOT Stories Shiba Inu (SHIB) Breaks Crucial Resistance, Solana (SOL) Plummeting Finally Stops, Ethereum (ETH) Price Grows, Damage Negated? Strategy Hints at New Bitcoin Buy Bitcoin (BTC) on Edge of New All-Time High, Price History Signals Dogecoin (DOGE) Faces Death Cross Historically, liquidity rises and volatility tends to favor bullish traders when whales enter the market. It is more likely that SHIB will fully recover to pre-downtrend levels around $0.0000200 if it maintains this breakout. Bulls must however keep pressure on the market and steer clear of a false breakout scenario in order to solidify a trend shift. Advertisement Solana's increasing pressureAfter weeks of intense selling pressure brought on by meme coin outflows and a rise in scam activity within its ecosystem, Solana has today finally stopped its protracted downward spiral.$SOL

Argentine President Javier Milei isn’t wasting any time trying to cozy up to the U.S. on trade—he took his case straight to a conservative crowd just outside Washington, making it crystal clear that he wants Argentina at the front of the line for a free trade agreement. According to Bloomberg , Milei spoke at the Conservative Political Action Conference (CPAC), and played to the audience by referencing President Donald Trump’s stance on reciprocal tariffs. The crowd ate it up. But there’s a catch: Argentina’s membership in Mercosur, the South American trade bloc, is putting a damper on his ambitions. “I want to take this chance to announce that Argentina wants to be the first country in the world to join this reciprocal accord that the Trump administration proposed on trade matters,” Milei said. “If we were not restricted by Mercosur, Argentina would already be working on a mutually beneficial free trade deal with the United States.” Milei, 54, has made no secret of his admiration for Trump, 78. During his speech, Milei doubled down on his commitment to slashing government bureaucracy, just as Trump and Elon Musk have done through the newly formed Department of Government Efficiency. Trump, in return, gave Milei a shoutout in his own speech later that day, before the two met for a sit-down that might have offered the Argentine leader a brief break from domestic headaches. The Libra controversy recently landed Milei in hot water. Federal prosecutor Eduardo Taiano is reportedly sniffing around Milei’s recent endorsement of the meme coin on social media. Per La Nación, an investigation request has been filed. Libra fell 90% in value after Milei hyped it up. Similarly, Trump’s meme coin, Official Trump ( TRUMP ), is currently down over 78% from its all-time high . But Milei didn’t just spend his Washington trip talking trade and crypto drama—he also squeezed in meetings with Musk and International Monetary Fund chief Kristalina Georgieva. With Georgieva, the focus was on Argentina’s ongoing IMF debt deal, a crucial piece of his economic puzzle. Whether Milei gets his wish for a U.S.-Argentina trade pact remains to be seen, but one thing is clear: he’s putting himself in the spotlight, whether on stage, online, or across the negotiating table.

The Bybit Deposit address suspected to be Fenbushi Capital has withdrawn a total of 10,000 ETH from Binance and other addresses and sent all of them into the Bybit hot wallet. DWF Labs address 0xc0...725D transferred 2,200 ETH to 0x9BF...d19C 1 hour ago. All of the above may be loans.

According to SoSoValue and TenArmor, Bybit has received a total inflow of more than $4 billion in the past 12 hours, including 63,168.08 ETH, $3.15 billion in USDT, $173 million in USDC, and $525 million in CUSD. Most of them are transfers from Bybit cold wallets to hot wallets for withdrawals and bridge loans provided by external parties.

Binance transfers $96.5M worth of Ethereum to Bybit Blockchain analyst LookOnChain reported on X that another 36,000 Ethereum $ETH, valued at $96.5 million, was transferred from Binance's hot wallet to Bybit's cold wallet in the last 15 minutes.