- SHIB traders are leaning heavily bearish, with a low long/short ratio and a sharp drop in whale activity, signaling weak market confidence.
- SHIB is testing key resistance at the top of a descending channel — a breakout could spark a 20% rally, but failure might lead to a 14% drop.
- Despite current pressure, some experts remain bullish, with Bitget’s CEO predicting SHIB could reach $0.0000600 by the end of 2025.
It’s been a weird stretch for Shiba Inu lately. The market’s in a bit of a funk, and SHIB’s been moving right along with it — mostly downward. Current sentiment? Kinda gloomy. Data shows traders and whales are both leaning bearish, and SHIB’s price is still hovering in uncertain territory.
Traders Are Betting Against SHIB (Heavily)
Let’s talk numbers.
According to Coinglass, the long/short ratio for SHIB sits at just 0.69. That’s not great. It basically means way more traders are shorting SHIB than betting it’ll go up. In fact, over 59% of top traders are holding shorts, while only 41%are long. That’s a pretty clear vote of no confidence — for now.
And it’s not just retail traders backing off. Whale action? Also fading fast.
Whale Activity Is Drying Up
Over the past three months, big SHIB transactions in the $1M–$10M range have dropped 50%, per data from IntoTheBlock. That kind of drop-off in institutional or high-net-worth interest tends to spook retail traders — and adds more pressure on the price.
To make matters worse, exchanges saw a $1.7M inflow of SHIB in just the last 24 hours. That’s usually not a great sign. When coins are flowing into exchanges, it often means sellers are getting ready to dump.
So Why Is SHIB Up Right Now?
Funny enough, SHIB is actually up about 2.3% over the last day, trading around $0.00000119. Volume also jumped by 15%, which might suggest some traders are jumping in — maybe trying to catch a quick bounce.
But don’t get too excited just yet.
Price Action Still Trapped — But Not Forever?
Technically speaking, SHIB’s still stuck in a descending channel that’s been playing out since early 2025. It’s now bumping up against a critical resistance at the top of that channel.
This could be a make-or-break moment.
If SHIB breaks out from that resistance with strong momentum, we could see a 20% rally to around $0.00000152.
But… if the bulls run out of gas? It might dip hard — potentially falling 14% to $0.00000109.
What Are the Experts Saying?
Despite all the gloom and bearish signals, some big voices in crypto are still surprisingly bullish.
According to a recent Finder report, experts like Bitget CEO Gracy Chen believe SHIB has serious upside. She’s calling for SHIB to hit $0.0000600 by the end of 2025 — which, yeah, would be a massive move from here.
Final Thoughts
Right now, SHIB’s in limbo. Bearish on-chain data. Traders leaning short. Whale activity fading. But technically, it’s right on the edge of something — a breakout or another rejection.
If you’re watching SHIB, this resistance level might be the key. Break it, and bulls could come roaring back. Fail, and it’s probably more pain ahead.
