Shiba Inu technical collapse: What signals are revealed by on-chain data?

At the end of the year, the decline of the Shiba Inu chart has become inevitable. This once-star token has now hit rock bottom, with a price of only $0.0000078, down 72% from the beginning of the year. Holders who entered in the past two years are generally in a loss-making situation.

What warnings do technical indicators give?

According to real-time monitoring on the TradingView platform, multiple technical indicators for Shiba Inu all point in the same direction—exit signals. The moving average system continues to issue sell prompts, and the overall technical analysis score also falls into the negative zone. This is not an isolated phenomenon but a consistent performance across multiple data dimensions.

The latest statistics from the Traders Alliance are even more intuitive. In the collective assessment of 24 analysts, 19 explicitly recommend a strong sell, only 2 suggest adding positions at low levels, and the remaining 3 recommend holding and observing. This distribution indicates that market professionals are very pessimistic about Shiba Inu’s short-term prospects.

Why is the technical outlook so weak?

The continuous decline in price is systematically destroying investor confidence. The weak performance on the chart and the decreasing willingness to hold create a negative feedback loop. Shrinking trading volume and successive breaches of support levels are direct signs of declining market participation.

Where is the turning point in capital flow?

In the context of Shiba Inu’s difficulty in reversing, the shift in market liquidity becomes inevitable. Redirecting capital towards Bitcoin may be a way to reassess risk and reward. Bitcoin is currently fluctuating around $87,000 (UTC+8). Historical experience shows that after a decline, it often rebounds to the $91,000–$93,000 range, providing relatively clear profit targets for short-term traders.

Ethereum can serve as another option to diversify investment risk, with relatively lower volatility helping to buffer the portfolio’s sharp fluctuations.

The current technical outlook of the Shiba Inu chart indicates that the market is undergoing a large-scale capital reallocation. In this round of adjustment, participants who can identify signals in time and adjust their positions are more likely to avoid subsequent risks.