Is the increased selling pressure from Shiba Inu short-term holders a good or bad sign for SHIB's future? This is a question weighing heavily on the minds of investors as short-term holders are offloading the token at a rapid pace.
Recently, Shiba Inu (SHIB) has seen a notable increase in the selling of tokens held by short-term holders. The implications of this trend are complex. One factor contributing to SHIB's ongoing downward trend is the ongoing sell-offs by short-term traders. Key support levels have proven difficult for the token to hold, causing concern among long-term believers.
However, the narrative isn't entirely negative. While some see the selling as a sign of waning confidence, others view it as a necessary correction. Historically, events like the mass exodus as 50 in April 2025 (adjust date to the real event) have paved the way for future growth.
Conflicting signals are emerging. While Shiba Inu (SHIB) jumped 18% this week, it faces strong resistance between $0. and $0. , where many holders may sell to recoup losses. This potential resistance highlights the uncertainty surrounding SHIB's trajectory. On the other hand, SHIB has rallied 32% in a month as short-term holders (STHs) boost their holdings by 20%, driving price upwards. The short-term behavior can be volatile and isn't necessarily indicative of long-term health.
Analyzing on-chain metrics offers further insight. Positive price daily active address divergence can suggest underlying strength, even amidst selling pressure. The age of tokens sold yesterday dropped to just one month, indicating a surge in short-term activity. This increased selling can create buying opportunities, but it also introduces volatility.
The future of Shiba Inu is uncertain. Technical analysis suggests Shiba Inu (SHIB) could potentially surge 528% despite recent price weakness, while on-chain metrics show a complex picture of conflicting forces. Whether the current trend of Shiba Inu short-term holders selling SHIB is ultimately good or bad remains to be seen, and will likely depend on a confluence of factors including overall market sentiment, project developments, and the continued strength of the Shiba Inu community.