Almost every year, April 'visits' Shiba Inu Coin (SHIB) as scheduled, bringing about an almost predictable market reversal.
As March draws to a close, the market is filled with optimistic sentiment, investors are reaping significant rewards, and the market is full of momentum.
SHIB enthusiasts are actively discussing the positive trend in the first quarter.
However, as April arrives, it seems that an invisible hand instantly reverses the entire trend of the currency.
The optimistic atmosphere accumulated in March instantly becomes a distant memory, replaced by traders' worried and gloomy expectations.
According to CryptoRank data, in the long run, the average return rate of SHIB in April is 3.54%, which seems acceptable.
But digging deeper into the data reveals that the average return rate in April over the past three years is as low as -14.2%.
In the past three years, SHIB has undoubtedly suffered heavy losses every April, even in the best-performing April, the decline reached 6.41%.
Clearly, the long-term average data and recent data are vastly different, and the warnings from the latter cannot be ignored.
Strangely, there is little discussion in the industry about this ongoing downturn. People still spread optimistic statements, turning a blind eye to this historical pattern, as if the trend of SHIB in April is not clear.
Everyone seems to secretly hope that this year will be different. But what if it is not?
This may be the natural rhythm of the market, where institutional funds choose to exit after making profits in the first quarter; or it may be an inherent characteristic of the cryptocurrency cycle.
Regardless of the reasons, this trend pattern is undoubtedly clear. The consecutive declines in April over the past three years are no coincidence.
Of course, Shiba Inu Coin has never lacked unexpected performances, and the past April was not a complete failure.
But after experiencing the lows of the past three years, who can be certain that this April will bring a turnaround?
