Shiba Inu’s 81 Trillion Fall? 🚀💸

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Once more, Shiba Inu is perched on the precipice of a fiscal abyss, its digital tail wagging with the vigor of a dog chasing a phantom. The Exchange Reserve, that fickle mistress of liquidity, has inched upward over the past 24 hours, now clutched at 81.49 trillion SHIB. A mere blip, yet enough to send shivers down the spines of hopeful holders, for every token hoarded on exchanges is a potential dagger poised to pierce the market’s heart.

Shiba Inu’s momentum is gone

The asset’s structural fragility, akin to a house of cards in a hurricane, is further exacerbated by SHIB’s inability to flirt with its short-term moving averages. Tokens, those elusive creatures, are fleeing to exchanges like refugees from a dystopian future, as the Exchange Netflow metric whispers of 47.9 billion SHIB in positive flow. A harbinger of liquidity, not love.

This trend, a siren song of despair, coupled with SHIB’s price structure-a crumbling edifice-heightens the specter of losing the 81 trillion threshold. Price action, that unreliable narrator, confirms the dire prognosis: SHIB lingers far below its 50-day, 100-day, and 200-day moving averages, all slumping like a weary traveler. The recent bounce? A mirage, swiftly extinguished by sellers armed with pitchforks and short-sells.

Going down even more?

The RSI, that stoic judge of overbought/oversold realms, lounges in the low 40s, offering no salvation. Yet the outflow stability-akin to a well-oiled machine-signals long-term investors’ resilience. Over the past days, outflows have danced with consistency, and Exchange Outflow (Total) has waltzed upward (+2.9%). A paradox: no panic, only calculated rotation. A reversal window? Perhaps, if the market’s mood shifts like a capricious lover. But for now, SHIB’s long-term foundation remains, albeit trembling. 🐕‍⬛📉

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2025-12-04 18:37