Bitcoin Leads, Shiba Inu Follows: Is a Big Rally Just Around the Corner?

• Altcoin market cap eyes $1.0469 trillion breakout.
• Shiba Inu forms bullish Stochastic RSI crossover on daily chart.
• Whale buying and wallet growth strengthen SHIB’s bullish on-chain signals.

The crypto market is currently consolidating after Bitcoin’s recent breakout, which ignited fresh momentum across altcoins and meme coins. With BTC rallying towards critical resistance, tokens like Shiba Inu are now eyeing larger gains. 

According to market analyst Javon Marks, the altcoin market cap (tracked via the TOTAL3 chart) has confirmed a continuation signal that could see it climb beyond the $1.0469 trillion level. 

If altcoins manage to reclaim this level, the market could climb higher and this would set the stage for altcoins to extend their recoveries and enter expansionary rallies.

Shiba Inu for a Key Breakout

At the time of writing, SHIB is down by more than 2% and is trading at $0.00001426. Despite trading in red for weeks, Shiba Inu is holding crucial support levels and bouncing off long-term trend lines. SHIB recently secured a bullish cross on its daily Stochastic RSI — a technical setup that historically precedes big up…

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