Shiba Inu (SHIB) has recently been performing somewhat disappointingly. The price continues to decline, each rebound lacking durability, and trading volume on the order book is shrinking. Expecting a "strong recovery" in the short term is basically a pipe dream.

However, there's an interesting detail—the current candlestick pattern is eerily similar to a critical period nearly two years ago.

**The current situation is indeed a bit tough**

To be honest: SHIB is not currently in a healthy upward channel. The recent months' downturn is obvious, with the recent high points halved. All the signals point to unfavorable conditions—gradual loss of momentum, significantly narrowed volatility, all moving averages trending downward, and participation sharply declining. At first glance, this trend seems hopeless.

But the key issue is: it has returned to that "old place."

**Because it's weak, this position is especially worth paying attention to**

The current SHIB price zone has repeatedly been a historic turning point. Before the astonishing surge in February 2024, SHIB also traded sideways in a similar low-level area for a long time. What was the result? A nearly 400% surge in a very short period.

The logic behind that rally was very clear—it wasn't driven by good news or gentle accumulation by institutions, but by a typical extreme scenario: sellers gradually go silent, the market cools to a freezing point, and volatility suddenly gets activated. To put it simply: it's not that good news happened, but that "the sellers are completely gone."

**The current market pattern already faintly shows familiar shadows**

Comparing the structural features to that year, SHIB can at least find a few similarities: although selling pressure still exists, it is no longer accelerating—this is usually a hallmark signal before a major reversal.