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News

Shiba Inu: 59% of Traders Are Bearish, But a Reversal Could Happen IF…

News RoomBy News RoomApril 18, 2025No Comments3 Mins Read
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Shiba Inu (SHIB) Faces Bearish Trends Amid Market Uncertainty: A Comprehensive Analysis

In the ever-evolving crypto landscape, Shiba Inu (SHIB) has recently exhibited notable bearish trends, exacerbated by market volatility. Recent statistics reveal a significant 50% decline in whale transactions ranging from $1 million to $10 million, reflecting shifting interest among institutional investors. This downturn, coupled with a predominant bearish sentiment among traders, paints a concerning picture for SHIB’s future in the crypto market. According to Coinglass data, a staggering 59.17% of top traders are currently positioned short on SHIB, indicating increased skepticism regarding the coin’s performance.

At the moment, SHIB’s Long/Short Ratio has dropped to 0.69, suggesting a heavy tilt towards short positions. This is a clear indication of a cautious market, where traders are favoring bearish bets over bullish ones. Only 40.83% of traders remain long on SHIB, clearly showcasing the prevailing negative sentiment regarding its price trajectory. As these dynamics unfold, many are left questioning SHIB’s potential as a viable investment amidst significant selling pressure.

Adding to these downward pressures, whale activity has stagnated, with data from IntoTheBlock indicating a marked 50% reduction in large transactions over recent months. Such a decline in transactions from institutional players has further contributed to the prevailing bearish sentiment surrounding SHIB. Compounding the situation, cryptocurrency exchanges reported an inflow of approximately $1.70 million worth of SHIB coins in the previous 24 hours, hinting at a possible impending sell-off and raising concerns over potential surges in selling pressure.

Despite the bearish backdrop, SHIB managed to experience a slight uptick of 2.30% within a 24-hour period, trading near the price of $0.00000119. Additionally, SHIB’s trading volume increased by 15%, indicating a modest rise in market participation amidst ongoing uncertainty. Technical analysis from AMBCrypto reveals that SHIB has been tracing a descending channel pattern since early 2025. As of now, SHIB is approaching a critical resistance level, which could play a pivotal role in determining the coin’s future price movement.

If SHIB can break above the established resistance level, there is potential for a 20% surge, potentially reaching $0.00000152 shortly. Conversely, if the bullish momentum falters in light of bearish on-chain metrics, historical trends suggest a possible decline of around 14%, pushing SHIB down to $0.00000109. The upcoming movements of SHIB’s price largely rely on whether buyers can maintain traction or if selling pressure continues to dominate the market.

While the current landscape appears uncertain and fraught with bearish sentiment, industry experts maintain a cautiously optimistic perspective on SHIB’s healing potential. A recent report by Finder highlighted insights from notable industry professionals, including the CEO of Bitget, Gracy Chen, who expressed a bullish outlook on SHIB’s possibilities. According to Chen, there is keen potential for SHIB to reach $0.0000600 by the end of 2025, suggesting that despite the short-term obstacles, long-term optimism may still prevail for the popular memecoin.

In conclusion, Shiba Inu is currently navigating a complex market environment characterized by bearish indicators, weak institutional interest, and significant selling pressure. Nevertheless, the continued interest from analysts and experts suggests that while risks exist, opportunities may also emerge for sustained growth. Future price movements will be pivotal in shaping the broader narrative around SHIB and its potential re-emergence in the highly competitive crypto space. As the market evolves, keeping an eye on SHIB’s performance in relation to trading trends and technical indicators will be essential for savvy investors seeking to capture opportunities amidst the volatility.

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