Investors ponder the reasons why Shiba Inu's breakthrough stagnates amid growing foreign exchange inflows
Source: CoinWorld
Time: 2025-09-14 19:33:09
Shiba Inu (SHIB) faces mixed signals as exchange inflows grew 14% over the past week, which has heightened selling pressure. Despite the slight price increase, the 100-day moving average (EMA) 0.0000187 USD remains strong resistance, with repeated sell-offs at this level. On-chain data shows that long-term holders have reduced their holding time and the token concentration has increased, indicating that short-term volatility has intensified. Although 58% of analysts expect SHIB to consolidate around $0.000018, uncertainty remains due to conflicting trends in fund absorption and distribution.