Shiba Inu Struggles Despite 400% Jump in Whale Transactions: What to Expect from SHIB Price Next?

儘管鯨魚交易量猛增 400%，柴犬仍在掙扎：下一步 SHIB 價格會發生什麼？

Originally published on Coinpedia Fintech News

原文刊登於 Coinpedia 金融科技新聞

Introduction

介紹

During Bitcoin's ascent to its May peak of $71.1K, the meme coin sector emerged as a highly profitable investment, with top tokens by market cap yielding returns exceeding 40%. However, as Bitcoin's price has stabilized around $69K in recent hours, several meme coins have encountered significant resistance from sellers. Notably, SHIB price has failed to exhibit any substantial upward momentum during the recent surge in market demand, despite a massive increase in whale transactions.

在比特幣升至 5 月 7.11 萬美元高峰的過程中，迷因幣領域成為一項高利潤投資，以市值計算的頂級代幣的回報率超過 40%。然而，隨著比特幣的價格最近幾個小時穩定在 6.9 萬美元左右，一些 Meme 幣遇到了賣家的巨大阻力。值得注意的是，儘管鯨魚交易大幅增加，但在近期市場需求激增的情況下，SHIB 價格未能表現出任何大幅上漲勢頭。

SHIB Records 400% Jump in Whale Transactions

SHIB 鯨魚交易量暴增 400%

Shiba Inu (SHIB) is facing challenges in overcoming key resistance levels. As the deadline for the Ethereum spot ETF approval draws near, SHIB, an ERC-20 meme coin, could react significantly to the news. Analysts anticipate a potential breakout, providing investors with an opportunity to acquire SHIB before its price potentially rises.

柴犬（SHIB）在克服關鍵阻力位方面面臨挑戰。隨著以太坊現貨 ETF 批准的最後期限臨近，SHIB（一種 ERC-20 meme 代幣）可能會對這一消息做出重大反應。分析師預計，SHIB 可能會出現突破，為投資者提供在其價格可能上漲之前收購 SHIB 的機會。

Accumulation by Institutional Investors

機構投資人增持

Over the past few weeks, SHIB price has been consolidating within a range-bound zone. This consolidation has served as an accumulation phase, as evidenced by Santiment's Whale Transaction Count indicator.

過去幾週，SHIB 價格一直在區間內盤整。正如 Santiment 的鯨魚交易計數指標所證明的那樣，這種整合已成為累積階段。

A surge in this on-chain metric following a market crash or during consolidation typically indicates that institutional investors are accumulating assets. Conversely, if the index spikes after a market rally, it suggests that these investors may be preparing to sell.

市場崩盤或整合期間，這一鏈上指標的激增通常表明機構投資者正在累積資產。相反，如果該指數在市場反彈後飆升，則表明這些投資者可能正準備出售。

From April 12 to May 21, the Whale Transaction Count consistently spiked during market dips, indicating ongoing accumulation by institutional investors. Data from IntoTheBlock reveals that the large transaction volume increased by approximately 417% in the past four days, rising from $28.2 million to $145 million.

從4月12日到5月21日，鯨魚交易數量在市場下跌期間持續飆升，顯示機構投資者持續累積。 IntoTheBlock 的數據顯示，過去四天內大額交易量成長了約 417%，從 2,820 萬美元增至 1.45 億美元。

Token Burn and Potential Price Impact

代幣銷毀和潛在的價格影響

Shibburn has reported the removal of a significant number of SHIB tokens from circulation. Recent data indicates that 10,824,730 SHIB tokens were burned within the last 24 hours. Consequently, the burn rate—measuring the proportion of tokens sent to burn wallets—has increased by 59% as of this report.

Shibburn 報告稱，大量 SHIB 代幣已停止流通。最新數據顯示，過去 24 小時內銷毀了 10,824,730 個 SHIB 代幣。因此，截至本報告，銷毀率（衡量發送到銷毀錢包的代幣比例）增加了 59%。

The potential approval of a spot Ethereum ETF by the SEC could trigger a substantial increase in the prices of altcoins and memecoins.

美國證券交易委員會可能批准現貨以太坊 ETF，可能引發山寨幣和 memecoin 的價格大幅上漲。

SHIB Price Outlook

SHIB價格展望

Shiba Inu has been oscillating within a symmetrical triangle pattern for several days, indicating an equilibrium between market demand and supply at current prices. Currently, buyers are attempting to push the price above the descending resistance line. At the time of writing, SHIB price stands at $0.0000255, representing a decline of over 1.1% in the past 24 hours.

幾天來，柴犬一直在對稱三角形模式內振盪，顯示當前價格下市場需求和供應之間處於平衡狀態。目前，買家正試圖將價格推高至下降阻力線上方。截至撰寫本文時，SHIB 價格為 0.0000255 美元，過去 24 小時內下跌超過 1.1%。

Bullish traders are targeting a move above $0.000028. A successful breakout above this downtrend line could signal a weakening of bearish forces, potentially driving the price towards $0.000033, where significant bearish resistance is anticipated.

看漲交易者的目標是突破 0.000028 美元。成功突破該下降趨勢線可能標誌著看跌力量減弱，可能推動價格升至 0.000033 美元，預計將出現重大看跌阻力。

Alternatively, bears are poised to test the support level at $0.0000226 once again. If this level is breached, it may lead to increased selling pressure, driving the SHIB/USDT pair down towards the next major support at $0.0000185, negating the gains from the recent upward movement.

或者，空頭準備再次測試 0.0000226 美元的支撐位。如果突破該水平，可能會導致拋售壓力增加，推動 SHIB/USDT 貨幣對跌向下一個主要支撐位 0.0000185 美元，抵消近期上漲帶來的收益。