Shiba Inu (SHIB) has experienced a sharp 20% decline, prompting discussions on whether it presents a buying opportunity. Despite being undervalued according to the MVRV ratio, bearish sentiment casts doubt on a quick recovery. The negative funding rate suggests more traders expect further declines.
The Chaikin Money Flow (CMF) on the daily chart also shows a strong selling trend. If demand remains low, SHIB's value might fall further to $0.000014, though a stall in coin distribution could push it up to $0.000016.
Дереккөз: beincrypto.com ↗