Shiba Inu is displaying indications of structural maturation despite its continuous price stagnation and struggle below thresholds of critical resistance. The average holding time of SHIB has increased by 106% according to on-chain data, indicating a significant change in investor behavior from short-term speculative plays to long-term conviction holds.
This increase in holding time coincides with a 46% increase in the last seven days, and SHIB is still pinned close to a fundamental support level at $0.00001160. From the perspective of price action, this may not seem impressive, but it could serve as the basis for a bullish reversal.
A noticeable change from SHIB's early days, when traders quickly cycled in and out of positions, is the rise in coin holding times, which now average several months in some cases. By removing supply from active circulation, long-term holders lower overall market volatility and express confidence in future gains. SHIB's price behavior is more stable because, ironically, less trading activity results in fewer panic dumps, exactly what meme coins usually lack.
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SHIB, however, continues to trade below its major moving averages (the 50, 100 and 200 EMA) from a technical perspective, with declining volume indicating market hesitancy or uncertainty. That being said, accumulation typically occurs during this phase with low-volume silent dips preceding a shift in sentiment. Additionally, SHIB is getting close to the psychological $0.000011 mark, which it will be crucial to hold above.
Testing resistance levels at $0.00001299 and $0.00001374 would be the next course of action if SHIB is able to hold onto this support. If they were cleared, a short-term trend shift would be confirmed.
Although SHIB's price is not soaring just yet, investors are becoming more patient on the inside. That is typically the first indication that an asset is maturing, stabilizing and possibly about to surprise to the upside.