Shiba Inu (SHIB) market lacks vitality, trading volume plummets, outlook uncertain!!!
The trading volume of Shiba Inu (SHIB) has sharply declined recently, with only 1 trillion SHIB in large transactions completed in the past 24 hours, far below the 2.6 trillion from 7 days ago. On May 1, the SHIB price dropped to 38.3 billion, further exacerbating its downward trend.
Currently, 83% of holders are in a state of loss, the market is weak, and the RSI is at the 50 level, showing no obvious buy signals. Without new buying or a rebound led by whales, SHIB may continue to consolidate sideways, and in the short term may test the 200-day moving average at $0.00001140.
