- Whale transactions ranging from $1 million to $10 million have decreased by half.
- 59.17% of top traders are currently short on SHIB.
In the midst of market uncertainty, Shiba Inu [SHIB] is displaying a bearish trend and is likely to continue moving downwards. This pessimistic outlook is influenced by bearish price movements and limited interest from traders and investors.
Currently, traders are predominantly leaning towards a bearish sentiment, according to Coinglass data.
SHIB’s Long/Short Ratio stands at 0.69—significantly below 1, indicating more shorts than longs. Specifically, 59.17% of top traders are holding shorts, while only 40.83% are in long positions.
Source: Coinglass
Moreover, there has been a decline in whale activity. IntoTheBlock data indicates a 50% decrease in $1M–$10M SHIB transactions over the last three months.
This significant reduction in participation from institutional players has added to the selling pressure.
Source: IntoTheBlock
Despite this, exchanges have seen an influx of $1.70 million worth of SHIB coins in the last 24 hours, indicating a potential sell-off and suggesting an increase in selling pressure soon.
Source: Coinglass
Despite the inflows, SHIB has seen a 2.30% increase in the last 24 hours, trading around $0.00000119. Notably, trading volume has also gone up by 15%, indicating higher market participation.
Shiba Inu’s Price Movement and Future Levels
Based on AMBCrypto’s technical analysis, SHIB has been following a descending channel pattern since early 2025.
Currently, the memecoin is at a crucial resistance level, representing the upper boundary of this channel.
The daily chart suggests that this level could play a significant role in determining SHIB’s next price direction. A breakout above this resistance could indicate a trend reversal.
Otherwise, further downside movement may be expected.
Source: TradingView
If SHIB continues to rise and breaks out of the descending channel, it could see a 20% increase, reaching $0.00000152 in the near future.
On the other hand, if the bullish momentum weakens due to bearish on-chain indicators, a 14% drop to $0.00000109 could be anticipated.
The next move hinges on whether buyers can maintain the momentum or if selling pressure dominates.
Expert Insights on SHIB
Despite the current market conditions and bearish price trends, experts remain optimistic about SHIB.
A recent report from Finder features insights and predictions from industry leaders, including the CEO of Bitget and other experts, regarding SHIB.
According to the report, Bitget CEO Gracy Chen is particularly bullish on SHIB, suggesting that the token could reach the $0.0000600 level by the end of 2025.
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