Shiba Inu executive Lucie has identified five primary reasons for the delayed onset of a crypto bull run. According to Lucie, global economic pressures, reduced liquidity, regulatory uncertainty, market scams, and the timing of Bitcoin's price cycle are significant contributors to the current market stagnation. She emphasized that liquidity is predominantly concentrated in Bitcoin and stablecoins, which has hindered altcoins like SHIB from gaining traction.
Currently, Shiba Inu (SHIB) is trading around $0.00001163, with technical support at $0.0000115 and resistance at $0.000019. The outlined factors suggest that broader market conditions and investor sentiment are crucial for the anticipated bull run to materialize.
Shiba Inu Executive Highlights Factors Behind Delayed Crypto Bull Run
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