Luckside Crypto predicts a positive week ahead for SHIB despite recent market fluctuations. The market is showing signs of excitement following the news of a spot Bitcoin ETF approval and positive sentiment on Jan. 13. The upcoming Coinbase case on Jan. 17 is also expected to impact the market significantly.

Analysts agree that the outcome of the Coinbase case could have a huge impact on the market due to the current lack of clarity. The SEC is accusing the exchange of violating national security laws, which has raised concerns among investors.

In terms of market trends, Luckside Crypto points out that Bitcoin is pushing back towards $43,000 after a recent decrease, while altcoins like SHIB are showing positive signs. SHIB, an Ethereum-based memecoin, is currently trading at $0.0000096 and is predicted to trend upwards in the coming days.

The analyst also highlights a shift in sentiment from institutions, with Vanguard reportedly blocking the purchase of spot BTC ETFs. However, it is expected that institutions will eventually get on board due to the potential fees they could collect.

Overall, the market is expected to remain relatively flat in the short term as it absorbs selling from GBTC and FTX estate. However, the announcement of the Coinbase case could lead to a positive uptrend sooner rather than later.

Stay tuned for more updates on SHIB and other cryptocurrencies as the market continues to evolve.

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