The crypto market has been eagerly anticipating Bitcoin's fourth halving, expecting potential volatility in the market. Since altcoins often trail Bitcoin's trajectory, Shiba Inu (SHIB), a prominent meme coin, could also be influenced by these developments.

Shiba Inu's performance has been volatile recently, with its value experiencing significant fluctuations. Despite a period of decline, the coin saw a resurgence in the last few days, with its price surging by approximately 18% according to CoinMarketCap data. Currently, SHIB is trading at $0.00002736 with a market cap exceeding $16 billion.

This sudden price shift led to a notable increase in SHIB's Price Volatility 1w. The sentiment surrounding SHIB turned bearish, as indicated by a decrease in its Weighted Sentiment on April 17th. Additionally, the Social Volume of SHIB saw a slight decline recently.

Although SHIB's price dropped on April 15th, investors seized the opportunity to buy, resulting in a decrease in SHIB's Supply on Exchanges. Conversely, its supply outside of exchanges surged, suggesting strong buying pressure on the coin.

Furthermore, SHIB remained a preferred choice among whales, with WhaleStats data showing it as the most traded token among the top 100 Ethereum whales on April 18th. However, despite active trading, the total SHIB holdings of whales remained relatively unchanged.

With high buying pressure, SHIB may soon witness a bullish trend. Analyzing its liquidation heat map, potential target zones for SHIB were identified if a bull rally ensues. These include immediate targets of $0.00003 and $0.000035, with potential support levels at $0.000021 or $0.000017 if the market turns bearish.

Looking ahead, a bullish post-BTC halving scenario could propel SHIB towards more ambitious targets. A potential bull rally may enable SHIB to surpass its March 2024 highs and reach $0.000045, paving the way for further gains in the coming months.

In conclusion, Shiba Inu's future trajectory post-Bitcoin halving holds both potential opportunities and risks, with market dynamics likely to play a significant role in shaping its journey.