#技术分析 SHIB on-chain data exposes the truth 🔍

After reviewing CryptoQuant's analysis, SHIB is indeed in the dumps; a 90%+ price drop is no joke. Derivative traders have been reducing their positions all year, with leverage ratios dangerously low, indicating no one expects a quick rebound—pure despair.

But here's the interesting part: whales are actually buying heavily! Large holders' balances have increased by 249%, super whales by 28.5%, and there has been a 22% outflow from exchanges. This doesn't look like a dead coin; rather, it seems like slow accumulation.

From a technical perspective, SHIB is forming a bullish divergence on the three-day chart—making a new low in December but a higher RSI, indicating selling pressure is weakening. Breaking through the key level of $0.0000092 is crucial; if it holds, there’s a chance. But if it drops below $0.0000075, it’s game over.

Speculative heat is dead, and quick money is gone. Now it’s about betting on a reversal, waiting for the meme coin cycle to return. In my opinion, this is an opportunity to bet against FOMO—not just a story for this year, but a prelude for next year 🎯