For a fleeting, almost hallucinatory moment, it seemed Shiba Inu might shed another zero-like a dog shaking off fleas in summer. The market twitched with optimism, prices clawed upward from their pitiful lows, and hope flickered like a dying candle in a Siberian gulag. Alas, such dreams were swiftly crushed beneath the iron boot of reality.
Shiba Inu: Still Drowning in Its Own Misery
As things stand, SHIB languishes beneath its long-term moving averages like a prisoner beneath the watchtower’s gaze. The downtrend, vast and unyielding, swallows every feeble attempt at escape. What appeared to be a breakout? Merely a pitiful bounce-a brief reprieve before the executioner’s axe fell once more. Selling pressure arrived with the enthusiasm of a commissar enforcing quotas, snuffing out the rally before it could even whisper its ambitions.

There were, of course, fleeting delusions of grandeur. The coin had already endured a thorough thrashing, so perhaps-just perhaps-the worst was over. Speculators, those eternal optimists, scurried about like rats in search of crumbs. Momentum, that fickle mistress, might have even squeezed shorts into submission, propelling SHIB into the next decimal zone. But no. The cold, hard truth is this: exchanges are stacked with supply like a Siberian warehouse with rotting potatoes. Every upward twitch is met with a cascade of sell orders-swing traders, bots, and weary long-term holders all eager to offload their burdens.
For the bulls, this is less a rally and more a cruel joke. Each hopeful surge drowns in a flood of liquidity, as if the market itself were mocking their efforts. The evidence is plain-volume, structure, the hollow laughter of the charts themselves.
The Futile Quest for a Trend
Spikes in activity? Meaningless. Without the slow, grinding ascent of RSI, the relentless testing of moving averages, or the faintest whisper of a trend reversal, “zero removal” remains as likely as a warm day in January. Perhaps, in some distant future-when exchange balances dwindle and SHIB finally claws its way past key resistance-this narrative will shift from tragic farce to triumphant epic. But for now? The coin remains trapped in its own absurdist theater.
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2026-01-20 12:25