SHIB Tries to Form a Bottom Near $0.0000055 as BTC Tests $72,000–$74,000 Support

Shiba Inu (SHIB) is attempting another rebound while hovering near $0.0000055, where an ascending trendline that has been in place since March is acting as support. Bitcoin (BTC) is trading around $74,000 after falling from above $82,000, with attention on the $72,000–$74,000 area as RSI readings near 38 suggest oversold-like conditions. Near Protocol (NEAR) is consolidating after a run from below $1.60 to almost $2.90, and is now stabilizing around $2.20–$2.30 as buyers try to defend a new base.