Shiba Inu (Shiba) investors demonstrate growing confidence, as evidenced by a notable change in their behavior. While the prices of many assets fall, the holders of Shiba Inu have increased their average maintenance time, trusting the long -term potential of the assets despite a general market crisis. This increase in maintenance time gives an overview of the state of mind of Shibs investors and alludes to possible future trends in cryptocurrency.
The sale pressure is dashed while Shiba Inu holders take control
The data on the chain show a significant increase in the maintenance time of the parts of Shiba Inu treated in the last seven days. According to intotheblock data, this metric jumped 31% during this period, marking a clear increase in the average duration for which Shiba Inu holders keep their assets before carrying out a transaction. The maintenance time refers to the duration of the parts of an asset which are generally kept before being sold or moved, and a peak in this metric often signals the confidence of investors.
This increase in maintenance time occurs in the middle of a constant drop in the value of the shib. At the time of writing the editorial staff, the play is traded at $ 0.0000,146, which represents a drop of 7% since the start of the week. However, the fact that investors choose to hold rather than selling suggest that many believe in the long -term SHIB prospects, despite the short -term market drop. This growing confidence could be a crucial factor in reducing sales pressure, which was a key strength in the downward movement of Shib.
When investors keep their positions, it prevents excessive sales, which could help stabilize the price and even facilitate a potential rebound. This trend could support a possible price resumption if the feeling of the market improves and that holders maintain their belief in the future potential of Shiba Inu.
Large transactions indicate an increasing institutional interest
In addition to the increase in maintenance time, there is also an increase in large transactions involving Shiba Inu. According to the same intotheblock data, large transactions – defined as those exceeding $ 100,000 – increased by more than 200% last week. This increase suggests that institutional actors and major investors, such as whales, are starting to accumulate more shibs.
The increase in significant transactions is notable because it generally indicates that institutional investors reintegrate the market or increase their issues in a particular asset. For Shiba Inu, this could be considered a positive sign that the medal attracts the renewed attention of great players who position themselves for a potential price escape. If these major investors continue to show their interest in Shib, it could provide the catalyst for a positive change in its price moment.
Shiba Inu at a crossroads: break or additional decline?
Shiba Inu is currently at a critical time. Despite the recent drop in price, the increase in maintenance time and significant transactions suggest that a potential rebound is on the horizon. If this bullish feeling continues, Shiba Inu could exceed a significant level of long -term resistance that has maintained the price down since the beginning of December. The violation of this resistance could push the price of SHIB to 0.0000166, marking a potential recovery in value.
Conversely, if the market remains lower and the price continues to drop, there are risks that Shib could fall below key support levels. The next main support area for Shiba Inu is at $ 0.0000140, and if this level is raped, this could lead to new decreases, the price potentially testing levels less than $ 0.000010.
Conclusion
The recent behavior of the Shiba Inu market presents a mixed but intriguing image. While the part was faced with a drop in price, the growing maintenance time among investors and the increase in important transactions indicate a level of confidence and belief in the long -term potential of the assets. If these trends continue, Shiba Inu could undergo a price resumption, with a potential study higher than its recent resistance levels. However, if the feeling of the market worsens and selling pressure supports, the medal may have trouble maintaining its current support levels, and other decrees can follow. Investors will have to keep an eye on these key measures to assess the next Shiba Inu movement on the market.
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