Shiba Inu has made a notable rebound in recent days after a sharp decline that has caused concern among many investors. In the past 24 hours, the price has increased by more than 5%, going to $ 0,00001649. This wave seems to be the result of the accumulation of whales, despite long -term holders faced with profitability difficulties. While the Shiba Inu ecosystem continues to evolve, market signals remain mixed, promising and uncertain factors influencing its future price management.
Accumulation of whales and its impact on Inu Shiba
One of the key factors in the recent recovery in Shiba Inu prices was the activity of whales. During the last 48 hours, whale addresses, defined as those with at least 0.1% of the circulating offer of Shiba Inu, added a significant shib of 3.5 billions, worth 57 Millions of dollars. This increase in purchase activity indicates a positive feeling among large investors, because they are positioned for potential prices growth.
This increase in the accumulation of whales is crucial because it helps to provide a temporary stamp for the price of Shiba Inu, preventing it from undergoing new drops. The demand focused on whales played a decisive role in maintaining the current price level. If these trends continue, the purchasing power of these major investors could offer short-term support, perhaps stabilize the price of Shiba Inu and provide a base for additional growth.
Despite this, the global feeling on the market is more complex, with long -term holders (LTH) faced with profitability problems. The long / short MVRV difference, a metric that compares the profitability of long -term holders to short -term holders, slipped at -3%. This means that long -term holders are now on the same level of profitability as short -term holders, causing increased uncertainty on the market. Such conditions often create hesitation among investors, which makes them careful to grasp new positions.
Market conditions and profitability problems
The long / short MVRV negative difference indicates that short -term holders (STH) are in profit, which generally results in increased sales pressure. If these short -term merchants decide to sell their assets, the price of Shiba Inu could face an additional drop pressure. This creates a difficult environment for long -term holders who find it difficult to see the benefits, especially if the overall feeling of the market becomes more lower.
Historically, Shiba Inu has experienced rapid price fluctuations, drawn by large purchases of whales and volatile market conditions. However, the current situation differs slightly, as long -term holders are struggling with negative profitability. If the sales pressure of short -term merchants is intensifying, it could undermine the token capacity to maintain its current price levels, which makes the way for recovery even more difficult.
Shibiba Inu prices and resistance levels
To keep Shiba Inu continues its upward trend, it will have to overcome certain levels of resistance of the keys. One of these levels is the resistance of 0.00001676, which proved to be difficult to break the token. If Shiba Inu can return this resistance to support, it could open the door to a more substantial rally, which potentially increases the price. On the other hand, if Shiba Inu cannot unravel this barrier, it can remain linked to the beach, fluctuating between 0.00001676 and $ 0.00001462.
A positive catalyst for the token could come if the purchase of the whales continues, further strengthening the bullish feeling around the token. If the market sees more accumulation of whales, the price could increase around $ 0.00001961, canceling any downward perspective and potentially recover recent losses. The ability to maintain the upward dynamics depends largely, whether these large investors continue to buy, providing a solid base for the action of Shiba Inu prices.
The upcoming road
In conclusion, Shiba Inu faces a delicate balance. The accumulation of whales provides temporary support, but the long -term profitability concerns of holders and the potential sales pressure of short -term merchants could limit the ability of the token to burst. While the market continues to evolve, Shiba Inu’s ability to maintain its recent gains will depend on the persistence of the activity of purchasing whales and the success of key resistance levels. Investors will have to remain vigilant because the token faces a period of uncertainty, with an additional recovery and volatile potential.
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