Shiba Inu faces significant market headwinds as large transaction volumes plummet and technical barriers impede recovery efforts. Blockchain data reveals a 50% reduction in whale transactions, historically signaling impending volatility and increased bearish momentum for the meme cryptocurrency.
The 200-day Exponential Moving Average continues to function as a stubborn resistance level, repeatedly halting price rebounds despite SHIB briefly surpassing shorter-term averages. This technical barrier compounds market challenges following historical precedent: A comparable whale activity contraction previously preceded a 30% market capitalization decline.
Current trading positions SHIB near the $0.000013 support threshold. Market analysts warn that without accelerated whale participation, prices risk descending toward $0.000012 or $0.000011. Sustainable recovery hinges upon SHIB consistently maintaining levels above the 200-day EMA threshold—a potential indicator of institutional investment reappearance.
The whale withdrawal pattern suggests eroding confidence among major holders and presents critical obstacles for SHIB’s stabilization. Ecosystem prospects appear contingent upon breaching key technical defenses to attract renewed capital influx.