Shiba Inu
Why Shiba Inu is down 1.2% in the last hour
Analysis
Shiba Inu (SHIB) slipped 1.2% over the last hour as traders reacted to renewed technical caution, with U.Today noting SHIB is “waving off” a potential death-cross-type signal for now but with uncertainty about how long that holds (confidence: 57%). Sentiment also appeared pressured by U.Today’s report that a key 82T SHIB threshold is “gone,” alongside indications of retail investors moving to self-custody (confidence: 57%), which can coincide with near-term volatility and selling pressure.
Contributing Factors (2)
No Death Cross Yet as Shiba Inu Waves off Key Signal, But for How Long?
February remains significant for Shiba Inu price action, setting the tone for the rest of the year.
Shiba Inu (SHIB) Key 82,000,000,000,000 Threshold Gone: Retail Investors Moving to Self-Custody
Shiba Inu's 82 trillion threshold that sits quietly on exchanges is slowly decreasing, which is the best signal for SHIB.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.