#BTC 行情走势分析 Why are DOGE and Shiba prices weak

The prices of DOGE and Shiba Inu are trying to maintain an upward trend after a significant correction. This decline is caused by macro factors, resulting in market uncertainty and investor pessimism.
The value of DOGE and Shiba Inu has dropped in the past 24 hours, according to CoinMarketCap. The largest meme coin has also failed to gain momentum recently due to negative pressure. DOGE and Shiba Inu have become pessimistic due to Donald Trump's trade tariffs and retaliatory actions from other countries, raising concerns about a trade war.
Donald Trump has just announced a 25% tariff on steel and aluminum imports. The US president has imposed tariffs on Canada, Mexico and China. Despite reaching an agreement to stop imports with Mexico and Canada, tariffs on China still exist.
China also imposed import tariffs on multiple American products today. Due to concerns over the trade war and negative sentiment among investors and traders, the prices of DOGE and Shiba Inu continue to decline. The trade dispute could hinder economic growth, which is unfavorable for the market.
Still looking forward to the rebound of DOGE and Shiba
Despite the short-term bearish trend, the prices of DOGE and Shiba Inu are expected to rise in the long term. Crypto expert Trader Tardigrade predicts DOGE to reach $3.69. Analysts have found that DOGE alternates between parallel channels, with or without overbought signals. He said DOGE could reach $3.69 the next time it touches the top.
Shib may reach $0.0001553. He said SHIB has validated the bullish trend and broken through a broader resistance trend, indicating a rise to $0.000081. Experts predict that if Shib reaches $0.000081, there will be a surge to $0.0001553.
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