SHIB Lead Shares Key Strategy as Crypto Market Dips Continue

Lucie urges crypto holders to follow the "buy low, sell high" method to navigate uncertain market conditions effectively.

Global trade tariffs and weak U.S. employment data are cited as primary triggers of recent cryptocurrency market declines.

SHIB and Bitcoin prices fall as profit-taking and ETF outflows drive widespread selling across digital asset exchanges.

Lucie, the marketing head of the Shiba Inu team, recently addressed crypto investors with a straightforward message on managing market volatility. She highlighted a basic yet widely used approach she believes is essential in today’s market: buy low and sell high. Lucie emphasized that this principle has been a proven method for experienced traders and should be applied by all investors, especially those who follow a dollar-cost averaging (DCA) strategy.

Lucie’s message arrives as digital assets face notable downward pressure. Cryptocurrency markets have shown persistent red trends, prompting reactions across investor communities. Lucie pointed to broader economic triggers behind the current slump, offering insight into the conditions shaping the market.

Global Trade Tariffs Weigh on Markets

Lucie describes one of the primary causes of the present slump, which is a long-term effect of the U.S. trade tariffs. These tariffs, which have hit various economies of the world, still destabilize the international financial markets. Although the U.S. has concluded new trade conditions with the European Union and some other countries, most countries remain affected, as most of them continue to face a lot of uncertainty.

The other factor given by Lucie is the new U.S employment data released recently, which indicated slower employment growth. The data has also led to concern in the general strength of U.S. economy, causing both traditional and crypto markets to be more cautious.

Crypto Market Faces Profit-Taking and ETF Outflows

Lucie also highlighted internal pressures specific to the crypto sector. A wave of profit-taking among traders has triggered extensive liquidations across multiple exchanges. Alongside this, spot Bitcoin ETFs have seen heavy outflows, which have further dragged down investor confidence.

At the time of the announcement, Bitcoin was trading at $114,108, recovering slightly from earlier losses. Shiba Inu (SHIB), meanwhile, dropped to $0.00001214 and now ranks 22nd by market capitalization.

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