Blockchain analytics signal a diversification of SHIB holders, reducing concentration risk. Wider distribution could stabilize supply-demand dynamics, improving the reliability of the bullish shib price forecast Investor sentiment drives cryptocurrency markets and shifts in risk appetite, especially during economic uncertainty, can move investors away from speculative assets like memecoins. Regulatory changes and global economic conditions can also influence the cryptocurrency market, affecting Shiba Inu's growth. A breakdown below support, however, may bring additional downside targets. While investors debate the next move for SHIB, there are also plenty of long-term players looking at prospects in emerging DeFi project Mutuum Finance (MUTM) that’s generating increasingly higher degrees of interest ahead of the next bull cycle. Crypto sentiment indexes show SHIB holding a strong 65/100 bullish rating into mid-