📉 Quick analysis: Mass selling of SHIB by "whales" and market downturn

📌 Event summary

- Shiba Inu "whales" ($SHIB SHIB) sold 801 billion tokens within 24 hours, resulting in:

- 📉 SHIB price dropped from $0.00001173 to $0.00001125 (-4.1%).

- 🔥 A 343.18% increase in sales compared to previous days.

- A net outflow of -256.9 billion SHIB from the market.

- Technical indicators indicate clear weakness:

- 🚨 RSI indicator at 35.5 (close to the oversold area).

- 📉 Price is below key EMA levels (20, 50, 100, 200 days).

- The MACD indicator still shows sell signals.

📊 Reasons for pressure on SHIB price

1. Whales' fear:

- Major investors are selling instead of buying for fear of further declines.

- Selling flows (544 billion SHIB) far exceed buying.

2. Derivatives market:

- The Funding Rate is negative, encouraging short selling.

- No strong support from buyers in the long term.

3. Weak market confidence:

- Small investors are following the whales, increasing downward pressure.

- The overall trend since November 2022 is bearish with temporary rallies.

🔮 Upcoming predictions for SHIB

- 🚩 Potential scenario:

- Continued volatility around $0.000011 without breaking strong resistance.

- Any slight rise may be due to short covering rather than real buying.

- 📉 Risks:

- If selling continues, the price may drop to $0.000010 or lower.

- Momentum indicators remain negative.

- 📈 Recovery opportunities:

- SHIB needs a return of large buyers or strong positive news.

- A break above $0.000012 could change the trend.

💡 Tips for investors

✔ Do not buy now based on emotions – wait for strong buying signals to appear.

✔ Follow whale flows – use platforms like Whale Alert to monitor large moves.

✔ Dollar-Cost Averaging (DCA) strategy – if you support SHIB in the long term.

🎯 Summary

The market is in a state of fear, and SHIB is under strong selling pressure. There are no strong reversal signals yet, so it's better to wait or be extremely cautious!

📢 "Whales are selling... and small investors are confused!" – Is this a buying opportunity or a trap? Share your opinion! ⬇️