Shiba Inu Retreats Amidst Bitcoin Decline

柴犬在比特币下跌中撤退

Shiba Inu (SHIB) experienced a pullback after its recent rally lost momentum, with the price dropping from a high of $0.000014 on August 9th to $0.000032.

柴犬 (SHIB) 在近期涨势失去动力后出现回调，价格从 8 月 9 日的高点 0.000014 美元跌至 0.000032 美元。

This decline coincided with Bitcoin's (BTC) drop from an intraday high of $62,000 to below $60,000.

此次下跌恰逢比特币 (BTC) 从盘中高点 62,000 美元跌至 60,000 美元以下。

Analysis of trading volume data indicates a lack of strong demand for SHIB in recent days. Its 24-hour spot market volume of $321 million is relatively low for a cryptocurrency with a market capitalization of $8.2 billion.

交易量数据分析显示，近几日对SHIB的需求缺乏强劲。其 24 小时现货市场成交量为 3.21 亿美元，对于市值 82 亿美元的加密货币来说相对较低。

In comparison, other meme coins such as Floki (FLOKI), Pepe (PEPE), and Dogwifhat (WIF) have exhibited stronger trading volume, with 24-hour volumes of $320 million, $1.7 billion, and $1 billion, respectively.

相比之下，其他模因币如 Floki (FLOKI)、Pepe (PEPE) 和 Dogwifhat (WIF) 则表现出更强的交易量，24 小时交易量分别为 3.2 亿美元、17 亿美元和 10 亿美元。

The futures market also reflects this trend. According to CoinGlass, Shiba Inu's open interest declined significantly on August 9th to $22 million, down from $53 million in July.

期货市场也反映了这一趋势。据 CoinGlass 称，8 月 9 日，柴犬的未平仓合约大幅下降至 2200 万美元，低于 7 月份的 5300 万美元。

OKX holds the majority of Shiba Inu's futures open interest, while other major exchanges like Binance, Bybit, and Deribit do not report their open interest for SHIB.

OKX 持有柴犬期货的大部分未平仓合约，而币安、Bybit 和 Deribit 等其他主要交易所则没有报告其对 SHIB 的未平仓合约。

Interest in SHIB among traders has waned in recent months, with many transitioning to newer meme coins. This has contributed to a price drop of approximately 70% from its March high and 85% from its all-time high.

近几个月来，交易者对 SHIB 的兴趣有所减弱，许多人转向更新的 meme 币。这导致价格较 3 月份高点下跌约 70%，较历史高点下跌 85%。

Other aspects of the Shiba Inu ecosystem have also faced challenges. Shibarium, the layer-2 network, has received only $1.2 million in assets, and the total value locked in Shibaswap has dwindled to $17.45 million.

柴犬生态系统的其他方面也面临着挑战。二层网络 Shibarium 只收到了 120 万美元的资产，而 Shibaswap 锁定的总价值已减少至 1745 万美元。

Despite these setbacks, there are indications that SHIB may be forming a falling wedge pattern on the weekly chart, suggesting the potential for a bullish breakout later in the year.

尽管遭遇这些挫折，但有迹象表明，SHIB 可能在周线图上形成下降楔形形态，表明今年晚些时候可能出现看涨突破。