The scenario for Shiba Inu ($SHIB) presents contradictory signals that deserve attention. While the price is accumulating recent gains, the underlying dynamics suggest caution. The critical point is around 82 trillion SHIB - a barrier that historically precedes periods of significant pressure on the quotes.
Exchange Dynamics Reveal Defensive Movement
On-chain data paint an interesting picture: the net flow of SHIB toward trading platforms has been consistently increasing. When large volumes leave private wallets and reach exchanges, the meaning is clear - preparation for sale, not long-term accumulation. This pattern does not cause immediate drops but builds gradual pressure in the market.
The crucial difference lies in the intent: these movements do not seem like panic transactions or accelerated day trading. Large holders are methodically reorganizing their positions, a defensive behavior that often precedes corrections.
Fragile Recovery in Technical Analysis
The price chart shows an upward movement, but the context matters. This recovery started from depressed levels after a prolonged downtrend. The current value still remains significantly below the main long-term moving averages - signaling that the market has not yet recognized sustainable strength.
Previous upward movements, when reaching similar resistances, ended as soon as selling pressure reappeared. There is no technical reason to assume that this time will be different.
Transaction Activity Does Not Guarantee New Demand
Although transaction volume has increased slightly, this does not automatically translate into new buyers arriving. Greater movement may simply represent repositioning - traders reallocating coins from one point to another, without creating genuine demand.
Prospective Scenario and Risks
The outlook remains defensive. If exchange balances surpass the 82 trillion SHIB mark and consolidate at this level, the probability of a new decline phase increases. This could unfold gradually or through a failed technical breakout followed by liquidation.
SHIB is once again facing its structural warning signs. Volatility with a risk bias remains the most likely scenario in the short term.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Shiba Inu is facing an important technical crossroads in the current market
The scenario for Shiba Inu ($SHIB) presents contradictory signals that deserve attention. While the price is accumulating recent gains, the underlying dynamics suggest caution. The critical point is around 82 trillion SHIB - a barrier that historically precedes periods of significant pressure on the quotes.
Exchange Dynamics Reveal Defensive Movement
On-chain data paint an interesting picture: the net flow of SHIB toward trading platforms has been consistently increasing. When large volumes leave private wallets and reach exchanges, the meaning is clear - preparation for sale, not long-term accumulation. This pattern does not cause immediate drops but builds gradual pressure in the market.
The crucial difference lies in the intent: these movements do not seem like panic transactions or accelerated day trading. Large holders are methodically reorganizing their positions, a defensive behavior that often precedes corrections.
Fragile Recovery in Technical Analysis
The price chart shows an upward movement, but the context matters. This recovery started from depressed levels after a prolonged downtrend. The current value still remains significantly below the main long-term moving averages - signaling that the market has not yet recognized sustainable strength.
Previous upward movements, when reaching similar resistances, ended as soon as selling pressure reappeared. There is no technical reason to assume that this time will be different.
Transaction Activity Does Not Guarantee New Demand
Although transaction volume has increased slightly, this does not automatically translate into new buyers arriving. Greater movement may simply represent repositioning - traders reallocating coins from one point to another, without creating genuine demand.
Prospective Scenario and Risks
The outlook remains defensive. If exchange balances surpass the 82 trillion SHIB mark and consolidate at this level, the probability of a new decline phase increases. This could unfold gradually or through a failed technical breakout followed by liquidation.
SHIB is once again facing its structural warning signs. Volatility with a risk bias remains the most likely scenario in the short term.