Record institutional inflows and Bitcoin hitting a new all-time high, set against a backdrop of US fiscal concerns, signal strong bullish market sentiment. Emerging trends include increased interest from South Korean retail investors in ETH and a notable shift towards stablecoins. These factors are likely to positively impact the broader altcoin market, including SHIB. Market Bias: Bullish

・Crypto Funds See Near Record $6 Billion Inflow Concerns over a potential US government shutdown fueled a rally in the spot cryptocurrency market, leading crypto investment products to record their highest-ever weekly inflows. This suggests institutional investors are accelerating investments in alternative assets amid a risk-off environment. The influx of capital is expected to boost demand for major cryptocurrencies, including Bitcoin, serving as a strong catalyst for price appreciation. ・South Korean Retail Capital Driving Ethereum (ETH) Price Momentum South Korean retail capital is reportedly driving Ethereum (ETH) price momentum and the increasing adoption of Ethereum by corporations for treasury purposes. This highlights the growing influence of retail investors, particularly in the Asian market, and solidifies Ethereum's position as an institutional asset. Demand originating from the South Korean market could contribute to ETH's price stabilization and further appreciation. ・Standard Chartered: Potential $1 Trillion Shift from Emerging Market Banks to Stablecoins by 2028 Standard Chartered Bank forecasts a potential outflow of over $1 trillion from emerging market banks into stablecoins by 2028, driven by accelerating demand for USD-pegged crypto assets. This indicates a significant shift of capital away from traditional financial systems and points to the potential proliferation of stablecoins as global payment methods. Such a transition could accelerate crypto adoption in emerging economies and enhance overall market liquidity. ・Michael Saylor Reports $3.9 Billion Q3 Gain on Holdings; Pauses Bitcoin Buys Michael Saylor, co-founder of MicroStrategy, announced an unrealized gain of $3.9 billion on his Bitcoin holdings during the third quarter. While the company has been aggressively acquiring Bitcoin, reaching record holdings, it announced a pause in further purchases. This move may signal profit-taking following significant Bitcoin price increases or caution regarding potential market overheating. However, continued corporate Bitcoin holdings remain a crucial factor for long-term price support. ・Bitcoin (BTC) Set to Outperform Top Meme Coins by 2025 Bitcoin's institutional-led rally is overshadowing meme coins primarily driven by retail investors. Although top meme coins like DOGE, PEPE, and TRUMP show potential for short-term rebounds in Q4, their relative performance may decline if Bitcoin's momentum persists. This suggests a potential shift in market focus from speculative meme coins towards Bitcoin, driven by its perceived utility and increasing institutional interest. ・Grayscale Launches Staking in US First Ethereum and Solana ETFs Crypto asset manager Grayscale has initiated staking activities within its Ethereum and Solana Exchange-Traded Funds (ETFs) in the US. This first-of-its-kind offering in the United States provides passive yield opportunities, potentially offering institutional investors a new avenue for generating consistent returns from crypto assets. This move could further enhance the attractiveness of ETH and SOL, fostering sustained inflows into these digital assets. ・Bitcoin Surpasses $125,000; Analysts Predict Over $150,000 Bitcoin has achieved a new all-time high, with analysts forecasting further upside potential, targeting levels above $150,000. This indicates a continuation of strong bullish market sentiment, underpinned by institutional demand, the current macroeconomic environment, and Bitcoin's limited supply. While short-term corrections are possible, the long-term upward trend is widely expected to persist. ・US Debt Increasing by $6 Billion Daily Strengthens Bitcoin's Case As US national debt approaches $38 trillion, investors are increasingly turning towards safe-haven assets like Bitcoin and gold. The daily increase in national debt exceeds the GDP of over 30 countries, raising concerns about the reliability of fiat currencies. This macroeconomic backdrop reaffirms Bitcoin's value proposition as "digital gold," potentially boosting demand for it as an inflation hedge and store of value. ・Bitcoin ETF Inflows Dominate Narrative; Corporations Accumulate $1.2 Billion Corporate Bitcoin holders purchased over 6,700 BTC (approximately $1.2 billion) last week. However, analysts suggest that Bitcoin's recent all-time highs have been more strongly driven by inflows into spot Bitcoin ETFs. These ETFs are facilitating easier access to Bitcoin for institutional investors, driving significant capital inflows. Continued ETF inflows are expected to be a key factor propelling Bitcoin's price further. ・Morgan Stanley Recommends 'Conservative' Crypto Allocation in Select Portfolios Morgan Stanley has recommended a "conservative" approach to cryptocurrency allocation within certain portfolios, suggesting allocations of up to 4% for high-risk, high-return portfolios and up to 2% for balanced portfolios. This signifies that traditional financial institutions are beginning to recognize cryptocurrencies as a potential portfolio component, while emphasizing awareness of the associated risks and the need for caution. This measured approach might encourage more retail investors to enter the crypto market while managing risk. 【Overall Summary】 The cryptocurrency market is thriving, characterized by record inflows from institutional investors amid concerns over a potential US government shutdown, which has spurred a rally in the spot market. Bitcoin has reached new all-time highs with analysts predicting further gains, while emerging trends include the significant influence of South Korean retail investors and capital flowing into stablecoins. Deteriorating US fiscal conditions enhance Bitcoin's appeal as a store of value, and sustained inflows into ETFs are expected to continue pushing its price higher. Overall, market sentiment remains predominantly bullish, although signs of maturation and diversification are evident, such as the potential underperformance of meme coins relative to Bitcoin and the cautious allocation strategies recommended by traditional financial institutions.

Key downside risks include short-term profit-taking, regulatory developments, and abrupt macroeconomic shifts. Additionally, signs of overheating in the broader market and speculative activity surrounding certain altcoins warrant caution. Important support levels are expected to lie within recent price ranges and major historical psychological levels. Indications of slowing inflows into ETFs could potentially dampen market sentiment.

In the short term (24-48 hours), we anticipate modest gains driven by continued inflows into ETFs, or consolidation within the current trading range. In the medium term (1 week), should macroeconomic stability and institutional demand persist, SHIB may aim for higher levels, tracking Bitcoin's upward trend. However, the risk of a sharp correction remains. Key catalysts to watch include the release of major economic indicators and shifts in institutional activity.

Overall, the cryptocurrency market currently holds a distinct bullish bias, fueled by significant institutional inflows and positive macroeconomic tailwinds. Bitcoin has broken through its all-time high (ATH), and this momentum is likely to extend into the altcoin market. SHIB stands to benefit from this prevailing market sentiment and the enhanced institutional accessibility provided by ETFs. Our recommended action plan for investors involves treating short-term pullbacks as opportunities to initiate long positions, adopting a long-term holding perspective. It is advisable to target entry points near support levels indicated by technical analysis, factoring in market volatility. Implementing tiered take-profit targets, potentially guided by projections such as Bitcoin exceeding $150,000, is crucial for risk management. Ensure stop-loss levels are set below key recent support failures, exercising disciplined judgment throughout the process. This week requires close monitoring of continued inflows into Bitcoin ETFs and developments in US economic policy, as these catalysts could determine market direction. Conservative investors should consider entering the market with robust risk management, possibly referencing Morgan Stanley's advice on conservative, portfolio-wide allocations. Approaching the market with optimism, balanced by a realistic strategy, will lead to sustained success.