Shiba Inu's bearish trend deepens: $SHIB Can this coin continue to be held?
Meteor believes there are reasons for the decline:
1: Shiba Inu coins are undergoing large-scale destruction, with a total of 600 million SHIB destroyed so far. However, this method of destruction has not changed the ongoing bearish condition of Shiba Inu.
2: A lack of concern from leadership, with no new statements made during this period. This silence is related to the bearish pressure currently being experienced by Shiba Inu!
In summary:
The bearish trend of Shiba Inu has actually triggered multiple adverse factors for SHIB's short-term outlook. Despite impressive destruction activities accelerating, the silence from leadership and broader market headwinds have jointly maintained the current decline in Shiba Inu's price.
Currently, the main strategy for SHIB is to buy on dips, and the dip has now completed; we are waiting for consolidation! Stabilization allows for gradual accumulation!
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