Positive developments include the SEC's approval of ETPs and the CME's introduction of altcoin derivatives, which are boosting institutional investor interest and fostering the maturation of the overall market. Prospects of Federal Reserve rate cuts may encourage inflows into risk assets, although policy uncertainty is expected to sustain volatility. Nvidia's expanding investments in AI also signal potential future technological convergence. Overall, the market exhibits a neutral bias, underpinned by positive fundamental factors.

・SEC Approves First Exchange-Traded Products (ETPs) Targeting Multiple Cryptocurrencies The approval of the Grayscale Digital Large Cap Fund (GLDC) officially opens avenues for institutional investors to gain exposure to major non-Bitcoin altcoins such as Ethereum, XRP, Solana, and Cardano. This is expected to drive new inflows of institutional capital into these altcoins, potentially enhancing overall market liquidity and maturity. While SHIB may not benefit directly, the improvement in overall market sentiment and increased interest in broader crypto assets could serve as indirect positive factors. ・CME to Launch Futures and Options Trading for Solana and XRP Starting October 13 CME's launch of options trading for Solana and XRP, in addition to Bitcoin and Ethereum, signifies the maturation of the derivatives market for these altcoins. This allows institutional investors to hedge risks or diversify trading strategies more effectively, thereby boosting market liquidity and credibility. Although SHIB is not directly targeted at present, the expansion of derivatives trading across the broader altcoin market could potentially increase interest in a wider range of crypto assets, including meme coins like SHIB. ・Federal Reserve Lowers Policy Rate by 0.25%, Divided on Further 2025 Rate Cuts The Federal Reserve's (Fed) rate cut is generally a factor that encourages capital inflows into risk assets. However, the division within the Fed regarding further rate cuts in 2025 suggests uncertainty surrounding future monetary policy, which could increase market volatility. While the short-term impact on the market may be limited, a persistent low-interest-rate environment could stimulate investment appetite for risk assets like SHIB. ・Australia Introduces License Exemptions for Intermediaries in Stablecoin Distribution by Licensed Issuers Australian regulators' introduction of license exemptions for intermediaries in the distribution of stablecoins issued by license holders may promote the usage and adoption of stablecoins. This means it becomes easier for more participants to offer stablecoin-related services, potentially vitalizing the broader crypto asset ecosystem. Although the direct impact on meme coins like SHIB is minimal, the wider adoption of stablecoins as a payment method could indirectly enhance the credibility of the overall crypto asset market. ・Coinbase CEO Comments on Upcoming Major Crypto Legislation, Calling it a "Freight Train" The Coinbase CEO's remarks suggest an optimistic outlook on the progress of cryptocurrency regulation in the United States. A clear regulatory framework is likely to encourage institutional participation and contribute to market stabilization. Regulatory clarity could also foster a healthier market environment for meme coins like SHIB. ・Nvidia Expands AI Investments, Partners with UK Crypto Mining Firm Subsidiary Nvidia's increased investment in AI infrastructure and its partnership with a subsidiary of a UK-based crypto mining company indicate the increasing convergence of AI and blockchain technology. The advancement of AI technology has the potential to improve data analysis and smart contract efficiency on the blockchain, positively impacting the overall crypto asset ecosystem. AI technologies could potentially be utilized in SHIB's community activities and development. ・'Rich Dad Poor Dad' Author Claims Children Are Being Brainwashed to be Slaves to "Fake Money" Robert Kiyosaki's advocacy for Bitcoin and criticism of fiat currencies could potentially increase interest in cryptocurrencies as alternative assets. His emphasis on Bitcoin's value as a hedge against inflation might spark potential interest in meme coins like SHIB as an alternative to the declining value of fiat currencies. However, his statements often carry a strong speculative element and are not directly linked to the long-term value proposition of SHIB. ・Overall Summary While the Fed's rate cut could potentially have a short-term positive impact on the overall cryptocurrency market, uncertainty regarding future monetary policy actions may sustain volatility. The SEC's approval of multiple crypto ETPs and CME's launch of options trading for altcoins are expected to encourage institutional participation and accelerate market maturation. These developments may indirectly benefit meme coins like SHIB; however, individual project fundamentals and community dynamics are likely to remain the most direct drivers of SHIB's price.

Uncertainty surrounding the Federal Reserve's monetary policy is a key risk factor, potentially increasing overall market volatility. Specific price volatility associated with memecoins, coupled with unexpected regulatory changes and a decline in community sentiment, also presents potential downside risks. While current market data does not indicate clear support levels, caution is warranted regarding potential reversals in the broader market trend.

In the short term, continued sideways movement or minor fluctuations are expected. Federal Reserve actions and regulatory developments could influence short-term price action. In the medium term, an improvement in overall market sentiment and sustained interest from institutional investors are expected to indirectly benefit SHIB, supporting its resilience. Key catalysts to watch include developments surrounding related ETPs and advancements in AI technology.

Based on a comprehensive analysis, the SHIB market currently exhibits a neutral bias, bolstered by several positive fundamentals that suggest potential for future upside. The potential approval of Exchange-Traded Products (ETPs) by the SEC and the anticipated launch of derivatives trading by the CME are likely to attract institutional investors, thereby accelerating the maturation of the broader market. Furthermore, the prospect of interest rate cuts by the Federal Reserve could provide a tailwind for risk assets, although policy uncertainty remains a factor that could trigger volatility. From an investment strategy perspective, the current consolidation phase should be viewed as an opportunity. It is prudent to consider cautious accumulation during dips, particularly when overall market sentiment improves or upward trends emerge in major altcoins. We recommend identifying specific entry price ranges by monitoring broader market conditions and seeking signs of short-term breakouts. Profit-taking should be managed incrementally based on short-term price action, while stop-loss orders are best placed upon clear trend reversal signals or significant shifts in overall market sentiment. This week, key events to monitor include pronouncements on monetary policy from the Federal Reserve, relevant news from the SEC and CME, and developments in AI by Nvidia. These factors have the potential to sway market sentiment and influence SHIB's short-term price movements. The price action of major altcoins will also serve as a crucial indicator in determining SHIB's directional trend. From a risk management standpoint, it is essential to remain constantly aware of the inherent volatility characteristic of memecoins and to strictly manage position sizes. Vigilance regarding deteriorating fundamentals and unforeseen regulatory risks is paramount, underscoring the importance of continuous information gathering. Macro trends such as growing institutional interest, regulatory clarity, and the integration with artificial intelligence can establish a strong foundation for long-term growth for the crypto market as a whole, as well as for projects like SHIB. Let us embrace a strategic approach to capitalize on opportunities, maintaining a level-headed market outlook while believing in the strength of the community and the potential of technological development. Continue making wise investment decisions with optimism.