The market is shrouded in gloom, and bearish signals are emerging frequently
At a time of heightened market uncertainty, Shiba Inu Coin (SHIB) is showing signs of decline and may continue to fall. Its negative outlook stems from bearish price action and low market participation.
Coinglass data shows that traders are generally bearish, with the SHIB long-short ratio being only 0.69, 59.17% of top traders holding short positions, and long positions accounting for only 40.83%.
At the same time, IntoTheBlock data shows that the transaction volume of SHIB between $1 million and $10 million has dropped by 50% in the past three months, the activity of whales has dropped significantly, and $1.7 million of SHIB has flowed into the exchange within 24 hours, further intensifying the selling pressure.
The price trend is stagnant, and the key node is coming
AMBCrypto technical analysis shows that SHIB has been running in a descending channel since the beginning of 2025. Currently, its price has hit the key resistance level of the upper limit of the channel, which has become a turning point.
If it breaks through successfully, the trend may reverse; otherwise, it may continue to fall. If it breaks through the downward channel, the price is expected to surge by 20% to $0.00000152; if the bearish indicators prevail, it may fall by 14% to $0.00000109.
