Shiba Inu Traders Turn Grumpy: Will the Underdog Bite Back or Just Yawn? 🐕‍đŸŠș

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  • Big fish dropping their hefty $1M–$10M SHIB bites by half—maybe they lost their appetite?
  • Nearly 60% of top traders betting on Shiba Inu to take a nosedive—turns out dogs can be bear-ish too.

In the swirling dust of market doubt, Shiba Inu drags its paws, looking every bit the glum pup headed downhill. The scent? Bearish whispers and lukewarm interest sniffed out by traders who seem to have misplaced their chew toys.

At this moment, those who fancy themselves top dogs in trading are casting long shadows—with 59.17% sitting out to short SHIB’s parade, according to Coinglass’s take on the pack.

SHIB’s Long/Short Ratio is a bleak 0.69, which in plain talk means more folks are betting on it falling than rising. The market’s got a bit of a “dog days of bear” vibe.

Whale-sized enthusiasm? Half gone. IntoTheBlock shows a stark 50% drop in those juicy million-dollar SHIB trades over three months—like the big fish all went fishing elsewhere.

This sharp retreat by the fat cats adds more bark than bite to the selling frenzy.

Meanwhile, exchanges saw a recent shove of $1.70 million worth of SHIB tossed their way—like someone’s clearing out the doghouse. A hint of a dump lingers in the air, and the smell isn’t sweet.

Still, against the odds, SHIB nudged itself up by 2.30% to around $0.00000119, with trading volume sprinting ahead by 15%. Seems like the pups are still wagging their tails, even if the mood’s a bit gloomy.

Shiba Inu’s Price: Between a Leash and a Lead

AMBCrypto sees SHIB wandering within a descending channel, like a dog on a leash that’s just a little too tight, stretching back into early 2025.

Right now, SHIB’s nose is pressed hard against the fence line—the upper edge of this channel. It’s a crossroads: does it squeeze through or get pulled back?

The charts say that breaking above might just turn this tailspin into a tail wag. Otherwise, buckle up for the slide down the doghouse steps.

If SHIB takes flight out of this descending kennel, it could leap up 20%, chasing the $0.00000152 squirrel in the coming days.

But if the bullish bark fades and the bearish growl gains traction, history warns a 14% drop to $0.00000109 might be on the docket. It’s a bone toss for buyers whether this pupper keeps chasing or curls up for a nap.

What the Know-It-Alls Say About SHIB

Even as uncertainty swings like a rusty gate and the price looks like a stubborn mule, the so-called experts still mumble bullish chants about Shiba Inu.

Finder recently rounded up some bigwigs—including Bitget’s CEO, Gracy Chen—who reckon this scrappy pup might just run for the $0.0000600 finish line by the end of 2025. Put your money where the bark is, they say.

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2025-04-18 05:20