Shiba Inu Market Analysis

Although Shiba Inu’s market performance has recently surged, most retail investors did not expect this rally. Despite a brief recovery attempt, a headline-grabbing 114.35% price spike was primarily driven by significant outflows from large holders, which could signal potential bearish trends.

Key Observations

• Large Holder Outflows: SHIB’s 90-day large holder outflows rose over 114%, indicating more SHIB is leaving wallets with substantial balances, per data from IntoTheBlock.
• Short-Term Trends: While a 30-day change shows a decrease of -44.61%, the recent seven-day spike of 47.55% may seem bullish but appears reactive rather than indicative of a sustained accumulation trend.
• Market Sentiment: This outflow pattern suggests significant players might be divesting, possibly in anticipation of market weakness. While this serves as a warning, it doesn’t guarantee imminent collapse. Sell pressure can precede large holders leaving the market.

Price Resistance

From a pricing standpoint, SHIB remains below critical resistance levels defined by the 50 and 100 EMAs, which have hindered upside momentum for several weeks. The RSI has shown slight improvement, currently at 43, but remains below the neutral threshold of 50, indicating a lack of strong bullish dominance.

Market Stability

Despite the whale outflows, the price has not significantly dropped, suggesting potential support from smaller holders or retail investors. However, this support could dissipate if trading volume diminishes and momentum stalls. Overall, the ongoing price action does not yet reflect a complete recovery. Investors should closely observe price structures, exchange inflows, and volume around resistance zones.