Shiba Inu
Why Shiba Inu is up 1.6% in the last hour
Analysis
Shiba Inu (SHIB) rose about 1.6% over the past hour as traders reacted to coverage highlighting key on-chain/flow signals and a notable supply/threshold level coming back into focus. U.Today reported large SHIB “ETF flows” being interpreted as a bearish signal, which can still prompt short-term volatility and bounce trading as the market digests positioning.
Contributing Factors (2)
332,497,400,000 SHIB Flash Bearish Signal: How Long Until Shiba Inu Recovers?
Shiba Inu has seen traders sell more tokens than they have purchased over the past day, suggesting that demand is visibly on hold amid growing market uncertainty.
Shiba Inu's 82,000,000,000,000 Threshold Is Back: SHIB on the Verge
Shiba Inu is back at the massive threshold that usually precedes serious price downfalls.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.