The current situation for Shiba Inu (SHIB) is difficult, with almost half of the investors losing money. Only 53% of SHIB holders have profitable investments while 43% are losing money. On-chain data also shows negative signals, with a significant decrease in the number of large transactions in the last seven days. The asset's vulnerability to large price swings is due to the high concentration of holdings by major players. Currently, SHIB is trading close to a crucial support level, and a break below it could lead to additional losses. The lack of new wallet activations and a decline in community enthusiasm indicate a decrease in interest from new investors. A shift in market sentiment, such as increased whale activity or strong network expansion, is required for SHIB to recover. In the short term, the $0.000020 and $0.000023 price zones will play a determining role in SHIB's future.



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