Shiba Inu (SHIB), one of the most prominent Altcoins in the crypto money market, is on the agenda with a serious price decrease in recent years. Shıb’s price has recently decreased to the lowest level of two months. This decrease led to liquidity of long positions in the futures market. Evaluating the market tendency, the long-part ratio indicator reveals that investors are more cautious under current conditions.
Increase in liquidations and investor behaviors
According to the data, the proportion of long (rise expectation) positions that are open in SHIB futures transactions showed a significant decrease compared to short (decline expectation) positions. While the long-short ratio fell to 0.93 levels, this rate indicates that investors are increasingly cautious about SHIB. In the last decline, over $ 1.8 million has been closed. In contrast, the total value of the short positions that were liquidized in the same period remained below $ 500 thousand. Experts point out that these data show that the current risk perception of risk in the market has increased.
According to Coings data, only in the last 24 hours in the derivative markets, the open interest rate decreased by 2.14 %to $ 145 million. In addition, the compulsory closure of long positions increased to 244 thousand dollars. Liquidation in short positions was measured around 57 thousand dollars. This indicates that the damage is more limited, especially in reverse positions.
Technical factors affecting the price
Shıb’s price decreased by 10 %from June 12 to $ 0.00001164. However, after this harsh decline, a slight recovery signs were observed in short -term graphics. Some technical indicators show that SHIB holds over $ 0.00001100, the critical support level. The protection of this level is considered as a potential return signal.
Artificial intelligence -supported analyzes draw attention to a light recovery in the daily RSI indicator. There is also a possible positive intersection sign between MacD and signal lines. If these technical signals are confirmed, it can be seen that the price of SHIB to the Fibonacci 23.60 %of $ 0.00001390.
Market sensitivity and support levels
The last closing price, $ 0.00001170, may indicate that the volume exceeds the average, the interest on the receiving side is still going on. The over -selling situation observed in the hourly RSI data brings the potential of the price to technically leap. Especially as long as it is above the support level of around $ 0.00001168, the possibility of a short -term recovery in the market stands out.
Some market experts emphasized the importance of protecting the current support levels. In case of stability in the price of Shıb, investor confidence may increase. However, it is stated that the general cautious atmosphere in the market continues and uncertainty shaped investor behaviors.
Coindesk AI Insights: “Shıb, while giving a potential trend return by continuing to hold on to the critical $ 0.00001100 dollars, technical indicators promise hope for short -term movements.”
When market developments and technical analysis signals are evaluated together, it is recommended to consider the risks in short -term investment decisions. Shıb’s price movements in the coming days are expected to be shaped, especially if they can stay above critical support levels.
The recent price decline in the Shiba Inu (SHIB) market caused a cautious atmosphere among investors. The rapid closure of long positions and the short -term technical indicators show that uncertainties in the market continue. Nevertheless, purchases and technical recovery signs at critical support levels can prepare the ground for stability in the short term and upward trials in the short term. Investors may be advised to closely monitor instant mobility and technical level changes.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
