Shiba Inu (SHIB) faces a challenging market phase as whale activity plunges. Over the past week, large-holder inflows have dropped by 85%, reflecting a sharp decline in investor confidence. This trend raises concerns about SHIB’s ability to recover. In the last 30 days, whale inflows fell by 32%, while the past 90 days saw an 80% decline. These figures suggest that SHIB is losing its appeal as a speculative asset. Without strong investor interest, the meme coin may struggle to regain momentum.
Whale Withdrawals Surge, Deepening the Imbalance
While whale inflows decline, large-holder withdrawals have risen by 69% over the last month. This increase highlights a worrying imbalance. More investors are exiting their positions, yet buying pressure remains weak. Without renewed demand, SHIB could face further downward pressure. Investors who once drove SHIB’s price movements now appear hesitant. If this trend continues, SHIB may struggle to hold its current price levels.
Technical Indicators Show Persistent Weakness
SHIB’s price action remains under pressure as it fails to break key resistance levels. The 26-day Exponential Moving Average acts as a strong barrier, preventing upward movement. This technical resistance signals continued selling pressure. The Relative Strength Index stays in a neutral range, but SHIB lacks the momentum needed for a breakout. If buyers do not step in, SHIB risks further losses. The next major support level lies much lower, increasing the possibility of additional declines.
Can Shiba Inu Reverse Its Downward Trend?
SHIB needs strong whale accumulation and a breakout above resistance levels to regain bullish momentum. Until then, uncertainty clouds its outlook. Weak technical indicators and declining whale interest suggest a challenging road ahead. If large investors do not return soon, SHIB may face further price erosion. Traders should remain cautious and monitor whale activity for signs of a potential reversal. Without renewed confidence, SHIB’s struggle may persist in the coming weeks.
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Given the current conditions, investors should approach SHIB with caution. Whale activity plays a crucial role in determining price movements. The sharp drop in inflows and rising withdrawals paint a bearish picture. A shift in sentiment or a resurgence in whale accumulation could change SHIB’s trajectory. Until then, the meme coin’s future remains uncertain. Those considering an entry should wait for stronger signals before making a move.
