SHIB Faces Resistance as Shorts Dominate Market
Key Takeaways
- 59% of top traders are currently betting on falling prices for Shiba Inu (SHIB).
- Whale transactions in the range of $1 to $10 million have decreased by 50%.
- Technically, SHIB is at a critical resistance level within a downward trend.
- A breakout to the upside could result in a short-term price increase of 20% – however, a 14% decline is also possible.
- In the long term, experts see potential for a rise to $0.0000600 by the end of 2025.
Current Market Sentiment: Predominantly Negative
Trader sentiment is clearly bearish at the moment. According to data from Coinglass, the long/short ratio stands at 0.69 – a value below 1 indicates that more traders are betting on falling rather than rising prices. More specifically: 59.17% of top traders are holding short positions on SHIB, while only 40.83% are long.
This development suggests low confidence in short-term price gains. Particularly noteworthy: the interest from major market participants – so-called “whales” – has also declined significantly.
Decline in Whale Activity Increases Pressure
According to data from IntoTheBlock, the number of transactions in the $1 to $10 million range has dropped by half over the past three months. This means institutional investors and large holders are pulling back – a clear sign of waning confidence.
Additionally, around $1.7 million worth of SHIB coins have flowed into centralized exchanges in the past 24 hours. Such inflows often indicate upcoming sales, which could further increase selling pressure.
Technical Analysis: Decision at Resistance Level
Since the beginning of 2025, SHIB has been moving in a so-called descending channel – a typical pattern for a downtrend. Currently, the price is at the upper boundary of this channel. This resistance level is crucial:
– If a breakout to the upside succeeds, SHIB could rise by about 20% in the short term and reach the $0.00000152 mark.
– If the breakout fails, a decline of up to 14% to around $0.00000109 is likely.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Fruit Slots: The Best Fruit-Themed Slot Machines at a Glance
Reading time: ~ 3 minutes
-
Danneskjold Ventures B.V. Casinos
Reading time: ~ 3 minutes
-
Easter Slots – Best Easter-Themed Slot Games
Reading time: ~ 3 minutes
-
Monster Slots: Best Monster-Themed Slot Games
Reading time: ~ 3 minutes
SHIB is currently trading at around $0.00000119 – an increase of 2.3% within 24 hours. Trading volume also rose by 15%, indicating higher market activity.
Long-Term Outlook: Experts Remain Optimistic
Despite the current uncertainty, some industry experts see potential in SHIB. In a report by Finder, Gracy Chen, CEO of crypto exchange Bitget, expressed a positive outlook for the token’s future. She believes a price of $0.0000600 by the end of 2025 is possible – a significant increase from current levels.
This assessment is based on the assumption that the market environment stabilizes and SHIB benefits from broader adoption.
Our Assessment
For short-term traders, SHIB remains a high-risk investment. The majority of market participants are betting on falling prices, and the declining interest from large investors reinforces this trend. Technically, the token is at a critical juncture – a breakout could bring short-term gains, but failure could result in losses.
In the long term, an entry could be worthwhile if you believe in Shiba Inu’s potential and are willing to endure short-term volatility. Some expert forecasts point to growth – but only under favourable market conditions.
Keep an eye on technical levels, trading volume, and whale activity if you plan to trade or hold SHIB.
Sources
- Finder
- Coinglass
- IntoTheBlock
- TradingView
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 45x deposit + bonus |
| 40x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency