Shiba Inu Stays Unfazed Despite Bitcoin’s Sharp Drop... Is It a Real Rebound or a Whale Trap?
Shiba Inu Stays Unfazed Despite Bitcoin’s Sharp Drop... Is It a Real Rebound or a Whale Trap?
While Bitcoin (BTC) and Ethereum (ETH) have plunged to multi-month lows under relentless selling pressure in a brutal market rout, Shiba Inu (SHIB) has stood out by demonstrating remarkable resilience and managing to hold its ground.
According to cryptocurrency media outlet U.Today on February 7 (local time), Shiba Inu has avoided the severe price collapses affecting most major coins, maintaining relative strength that contrasts sharply with the market’s prevailing pessimism. U.Today reporter Tomiwabold Olajide analyzed that SHIB is exhibiting highly unusual behavior in the midst of the current downturn, successfully defending key support levels even as major assets continue to crumble.
This endurance by Shiba Inu appears to be less the result of improved investor sentiment or strong fundamentals and more closely tied to broader market liquidity conditions. SHIB trades in a market with relatively lower liquidity compared to large-cap assets like Bitcoin or Ethereum. When overall selling pressure intensifies, low-liquidity assets can paradoxically become less sensitive to external shocks, as fewer market participants reduce the impact of aggressive sell orders.
As the market enters a broad risk-off phase and trading volumes shrink, Shiba Inu has avoided becoming a prime target of aggressive selling seen in higher-liquidity assets. Olajide noted that “as liquidity declines, asset prices tend to react less sensitively to overall market movements,” adding that the current strength may be more of a visual illusion caused by subdued trading activity rather than genuine buying interest. This dynamic helps explain why SHIB appears resilient even amid a market bloodbath that has seen $2.51 billion in positions liquidated.
Recent price action shows Shiba Inu finding temporary stability near a specific support level after a prolonged decline, with buying interest emerging in that zone. Momentum indicators such as the Relative Strength Index suggest that selling pressure is gradually easing, indicating that prices may enter a phase of consolidation or attempt a modest technical rebound rather than continuing to fall.
However, experts caution against interpreting the current relative stability as the beginning of a full-fledged bullish reversal. With the broader market downtrend still firmly intact, Shiba Inu could face delayed downside pressure if selling spreads across altcoins or if liquidity returns to the market. The present stability is therefore best viewed as a temporary phenomenon rooted in market structural characteristics.
*Disclaimer: This article is for investment reference purposes only, and the publisher is not responsible for any investment losses based on this content. The information provided should be interpreted solely for informational purposes.*
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