The crypto market saw a slight cooldown during Monday's trading session, as Bitcoin pulled back from its high of $90,000. This bearish turnaround is considered a post-rally pullback intended to restore the bullish momentum that had been exhausted.
As the market anticipates a new phase of recovery, attention turns to major altcoins, including Shiba Inu (SHIB), which are seen as likely candidates for a breakout in the upcoming period. Investors are watching SHIB's movements closely for any signs of potential growth throughout November.
The outlook for SHIB this month is influenced by broader market dynamics and investor sentiments on whether the pullback will pave the way for the next major rally. While Bitcoin's movements heavily impact the general trend, altcoins like Shiba Inu could capitalize on renewed market optimism.
