Ethereum Explodes: Volume Surge Raises Hopes, Shiba Inu Falters

Crypto markets are seeing significant activity this week as Ethereum (ETH) experiences a record volume spike. This surge in trading, while impressive, has yet to break through key technical resistance levels. Experts see the move as a potential sign of a breakout or trend reversal, but the price remains trapped below its 50-day EMA. Meanwhile, Shiba Inu (SHIB) faltered after failing to sustain an uptrend, leaving bulls and bears uncertain about future direction. Dogecoin (DOGE), on the other hand, appears to be gaining momentum, breaking through a crucial resistance level.