Bitcoin is booming again, but why aren't SHIB whales playing anymore? ##巨鲸JamesWynn动态
Recently, Bitcoin has been on a roll, with its market share reaching 52%, and funds are flowing into BTC.
On the other hand, the large holders of Shiba Inu (SHIB) have suddenly "laid flat"—in the past month, the fund inflow from SHIB whales plummeted by 83%, and outflows decreased by 80%, with large transactions almost coming to a halt.
Are the whales fleeing, leaving retail investors to take over?
Looking at the data, since May, SHIB's large holders have been relatively inactive, with both buying and selling volumes shrinking. What does this indicate?
Either the whales think SHIB is hopeless, or they are waiting for a better opportunity. Now the main trading force in the market has shifted to retail investors, but can they sustain the price?
Is the price stuck, with no breakthroughs in sight?
SHIB's price is struggling to break through the critical resistance level of $0.00001596, currently stuck around $0.0000145, and it can't even stand above the 50-day moving average.
Trading volume is also pitifully low, making the market feel like a "dead fish," with fluctuations so small that they induce yawns.
From a technical perspective, if there is no volume to support it, SHIB may continue to lay flat.
Is Bitcoin draining liquidity while altcoins suffer?
As Bitcoin rises, altcoins collectively sputter, and SHIB is particularly dismal. Liquidity is shrinking, and there are few updates or developments, with even the large holders reluctant to stir things up. Although SHIB's burn rate has recently surged 127 times, the market has not reacted at all—clearly, relying solely on burning won't save the situation.
Summary: Can SHIB make a comeback?
Right now, Bitcoin dominates the market, and for SHIB to stage a reversal, there must be significant positive news. Otherwise, this kind of "low volatility + low trading volume" mediocre market may have to endure for a while.
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