Shiba Inu
Why Shiba Inu is down 4.1% today
Analysis
Shiba Inu (SHIB) fell 4.1% over the past 24 hours as sentiment weakened amid reports that SHIB-related ETF flow metrics hit their lowest level since 2023, reinforcing the narrative that crypto demand is lagging gold, according to U.Today. Separately, U.Today noted lingering technical-risk concerns (no “death cross” yet), which can weigh on near-term positioning as traders watch for a potential bearish signal (confidence: 57%).
Contributing Factors (3)
Shiba Inu (SHIB) at Lowest Level Since 2023; Crypto Market Still Loses to Gold
Market is very close to proper stabilization after hitting lowest levels since 2023.
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.