Shiba Inu's (SHIB) 3-Month Slump Deepens as Long-Term Holders Flee Their Positions
Portfolio Pulse from
Shiba Inu (SHIB) is experiencing a prolonged three-month downtrend, with increasing signs of investor pessimism. Long-term holders are selling their positions, as indicated by the rising Age Consumed metric, suggesting low confidence in short-term price recovery. The cryptocurrency is currently trading around $0.00001276, with potential for further price decline if it breaks below $0.00001141.
March 21, 2025 | 7:00 pm
News sentiment analysis
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NEGATIVE IMPACT
The cryptocurrency is showing weak market momentum, with long-term holders selling and short-term holders dominating profits. Current support level is fragile, risking potential further price decline.
Multiple on-chain metrics (Age Consumed, MVRV Long/Short Difference) indicate negative sentiment. Price is hovering near critical support level with high risk of breakdown.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100