Shiba Inu
Why Shiba Inu is down 1.5% in the last hour
Analysis
Shiba Inu (SHIB) slipped about 1.5% over the past hour as broader bearish pressure appeared to take the upper hand, weighing on risk appetite and near-term momentum. U.Today’s August 24 market/ETF-flows-themed price analysis highlighted bears gaining control across SHIB and other major tokens, which likely contributed to the short-term pullback.
Contributing Factors (1)
XRP, Shiba Inu (SHIB), Hyperliquid (HYPE) and Bitcoin (BTC) Price Analysis For August 24: Bears Take Upper Hand
The market is in the state where bulls and bears trying to establish the control over momentum.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.