- Shiba Inu’s weakness
- Shiba Inu netflows change
More than 1.8 billion SHIB were added to the market for Shiba Inu in a single 24-hour period, and if you are interested in where the price is going, you should not ignore this kind of data. Rising exchange inflows, growing reserves and a discernible increase in transfer activity are all evident in on-chain data. This does not shout “clean recovery.”
Shiba Inu’s weakness
In terms of price performance, SHIB remains structurally weak. The 50 and 100 EMAs serve as firm overhead resistance, and the asset is still stuck below its major moving averages. Sharp but superficial recent upside attempts were quickly rejected. When liquidity is used to close positions rather than create new ones, this type of behavior is common
SHIB/USDT Chart by TradingViewAlthough the RSI recovered into neutral territory, it is not supported by any long-term momentum. There are volume spikes, but they too closely coincide with sell-side activity. That image is reinforced by the on-chain side. Large holders are keeping tokens close to sell buttons rather than putting them in cold storage, as evidenced by the steady increase in exchange reserves
Shiba Inu netflows change
Positive netflows indicate distribution rather than accumulation. The slight increase in active addresses does not necessarily indicate bullish participation. It frequently refers to bots’ short-term speculation or repositioning ahead of volatility. Because it raises the immediate circulating pressure in a structure that is already fragile, the addition of 1.8 billion SHIB in a single day is significant.
The opposite scenario — declining reserves, persistent outflows and price recovery of at least the 50 EMA with follow-through — would be necessary for SHIB to truly change course. All of that is not yet taking place. So, what can investors anticipate going forward? More chop, unsuccessful breakouts and the ongoing danger of another leg down in the event that overall market sentiment declines
Dead cat bounces are common on assets such as these, so a short-term bounce is always possible. However, betting on a trend reversal without structural confirmation is just wishful thinking. SHIB continues to be a high-risk supply-heavy asset until exchange balances clearly reverse and prices begin to hold above important averages. The data currently shows no signs of recovery.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Records 658% Spot Flow Surge Amid Market Rebound
Key Insights
Shiba Inu spot flows surged 658% within 12 hours as inflows exceeded outflows, signaling renewed trader activity during a broader crypto market rebound.
Open interest climbed 9.39% to nearly $63 million as leveraged positions expanded, showing that derivatives traders increased e
CryptoFrontNews18m ago
Shiba Inu (SHIB) regains momentum as buying pressure reaches the highest level of the month
The price of Shiba Inu (SHIB) is fluctuating around the 0.0000056 USD mark at the time of writing on Wednesday, after rising nearly 7% over the past two days. This recovery trend appears as on-chain indicators and derivatives market data begin to send positive signals. Trading volume is increasing.
TapChiBitcoin5h ago
Shiba Inu's Shytoshi Kusama Disappears From X Again After 'Bug Fix' Update - U.Today
Shiba Inu ambassador Shytoshi Kusama has paused X activity since February 21, raising speculation about potential updates or improvements hinted in his bio. Meanwhile, SHIB's price shows slight gains despite broader market declines.
UToday5h ago
Shiba Inu Price Prediction: SHIB Chart Mirrors Pattern From 455% Explosion
Shiba Inu pumped 10% yesterday alongside Dogecoin after Elon Musk’s X Money announcement. SHIB now trades around $0.0000057 with a market cap near $3.3 billion. But the move comes after a rough stretch for meme coins.
Overall, SHIB has had a disappointing year of price action. Meme coins haven’t re
CaptainAltcoin9h ago