A senior trader from a leading exchange has shown a clear bullish attitude towards SHIB. According to the account distribution, the net long positions account for 62.3%, while the net short positions are only 37%, resulting in a Long-Short Ratio of 1.65. Even more noteworthy is the data on open positions — long accounts account for as much as 67.9%, with shorts only at 32.1%, further expanding the Long-Short Ratio to 2.12. This reflects the confidence of market participants in the future market.

Currently, SHIB/USDT is fluctuating around 0.0000073 USD, and traders are poised, patiently waiting for a rebound opportunity. On the technical side, there are two key price levels to closely monitor: support at 0.0000072 USD below and a breakout point at 0.0000076 USD above. Once the upper resistance is broken or a valid rebound confirmation is obtained at the support level, it could become a new trading opportunity.