Trump’s decision to pause on its aggressive tariffs for some nations has improved the sentiment in the broader crypto market. Compared to an extreme fear level of 18 on Wednesday, the fear & greed index is now at 39. Even so, buyers are still hesitant to place huge bets on their preferred majors.
Interestingly, fresh meme projects offering solutions to long-standing pains in the market are seeing overwhelming demand. CartelFi, one such project, has raised over $500,000 in the first 24 hours of its presale. Through its bespoke liquidity tools, investors get to earn big from meme tokens lying idle.
Shiba Inu bulls eye medium-term MA as tariff pause improves sentiment
Amid the persistent economic uncertainties, crypto majors and altcoins alike are finding their footing as savvy investors jump in to buy the dip. Besides, risk assets and the broader financial markets have erased some past gains after the US paused its aggressive tariffs on some nations.
Subsequently, Shiba Inu price has held steady above the crucial support zone of $0.00001025 with the bulls striving to break the resistance along the 25-day EMA at $0.00001241. If successful, the next target will be along the medium-term 50-day EMA at $0.00001357.
SHIB price chart | Source: TradingView
Read more: Fartcoin price prediction: is this the best Solana meme coin to buy?
CartelFi gets investors to earn big from idle meme capital
Meme coins have developed into more than just jokes that go viral. They have become high value assets offering opportunities for retail investors to be crypto millionaires.
CartelFi, a one-of-a-kind DeFi protocol turning static meme capital into a cash cow has savvy investors going crazy. Indeed, in its presale’s first 24 hours, it raised over half a million dollars. What’s more, 3 of its total 30 stages are already sold out; offering early adopters an opportunity to rake in hefty gains before it hits the public shelves in Q3.
Its attractiveness lies in its solution to the main crypto challenge of having to hold meme tokens and wait for them to skyrocket. With its custom liquidity tools, CartelFi ensures that investors earn hefty passive income from meme coins that would otherwise be “collecting dust”. What’s more, the depositors still enjoy 100% price exposure, which means that they are not sacrificing the meme’s upside potential for the promised earnings.
Besides, the concept of programmed scarcity will have the steady burn pressure fueling an upward price momentum. With this revolution, CartelFi is set to be one of the top meme projects of 2025 and savvy investors are quick to join the bandwagon. Hurry up and buy CartelFi here.
Bitcoin’s technicals point to a winding path to recovery
BTC price chart | Source: TradingView
A risk-off mood has had Bitcoin price record double-digit losses on recent months. As seen on SoSoValue, the period between 3rd April and 9th April had BTC spot ETFs record steady net outflows. This as economic uncertainties retain buyers on the sidelines.
On Wednesday’s session, the daily total net outflows were at $127.12 million with 7 out of the top 12 BTC ETFs recording zero flow. At the same time, BlackRock’s IBIT and Grayscale’s GBTC topped the list of daily outflows at $89.71 million and $33.80 million respectively.
Even with the persistent selling pressure, optimism over a trend reversal has the cumulative total net inflow at $35.51 billion. On Wednesday, Bitcoin price surged by over 8% to reclaim its position above the crucial zone of $80,000. At the time of writing, the crypto major was trading at $81,809.
In the short term, I expect the crypto to hold steady above the support zone of $78,066 as the bulls strive to break the resistance along the 25-day EMA at $83,700. If successful, the resistance level along the 50-day EMA at $85,799 will be worth watching.
Read more: Ethereum price nears make-or-break level vs Bitcoin
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