Shiba Inu is seeing some downside today that has sent its price below its support level. This downside has its roots in a number of things, with some attributing directly to the Bitcoin price. However, the outlook for the meme coin may not be completely bleak as time moves forward.

柴犬今天看到了一些下行趋势，导致其价格跌破支撑位。这种不利因素有很多根源，其中一些直接归因于比特币的价格。然而，随着时间的推移，迷因币的前景可能并不完全黯淡。

Shiba Inu 14% On The Weekly Chart

In the last week, the Shiba Inu price has followed the likes of Bitcoin and Dogecoin as they lose the majority of their gains from the prior week. The daily drawdown itself has seen the meme coin drop around 2% to bring it back below $0.000027, a level which had served as significant support at the start of the week.

柴犬价格在周线图上上涨 14% 上周，柴犬价格追随比特币和狗狗币等货币的走势，因为它们失去了前一周的大部分涨幅。每日回撤本身已导致 meme 代币下跌约 2%，使其回到 0.000027 美元以下，该水平在本周初曾是重要的支撑位。

One of the major reasons behind the decline is the Bitcoin price crash which came as a result of rising outflows from Spot Bitcoin ETFs. This crash in the Bitcoin price naturally spread to the rest of the market, causing what can be described as a cascading effect on altcoins.

相关阅读：狗狗币积累结束，为何狗狗币价格能达到 1 美元 下跌背后的主要原因之一是现货比特币 ETF 资金流出增加导致比特币价格暴跌。比特币价格的暴跌自然波及到市场的其他部分，对山寨币造成了连锁反应。

Since the crash began on Monday, the Shiba Inu price is down by over 14% and has continued to show weakness even now. At the same time, SHIB has also seen a notable decline in its trading volume. According to data from CoinMarketCap, its daily trading volume fell 28% in the last day.

自周一崩盘开始以来，柴犬价格已下跌超过 14%，且至今仍持续疲软。与此同时，SHIB的交易量也出现明显下降。根据CoinMarketCap的数据，其最后一天的日交易量下降了28%。

Usually, when trading volume is down, it means investors are no longer as interested in trading a coin and may have moved somewhere else or may even be waiting out the bear trend. This can adversely affect the cryptocurrency’s price, especially when holders begin panic selling, thinking the price will keep falling.

通常，当交易量下降时，这意味着投资者不再对交易代币感兴趣，可能已转移到其他地方，甚至可能正在等待熊市趋势结束。这可能会对加密货币的价格产生不利影响，特别是当持有者开始恐慌性抛售，认为价格会继续下跌时。

Not All Bad News For SHIB

Despite the negative headwinds that continue to plague the meme coin at this time, it is not all bad news for Shiba Inu. This is because crypto analysts believe that the drawdown is only temporary and that the SHIB price is destined to soar in the future.

对于 Shiba Inu 来说，并非全是坏消息 尽管目前仍持续困扰着 meme 币，但对于 Shiba Inu 来说，这并不全是坏消息。这是因为加密货币分析师认为，回撤只是暂时的，SHIB 价格未来注定会飙升。

One such crypto analyst took to the TradingView website to outline their expectations for the meme coin. The analysis shows the multiple possible price points for SHIB as it starts to move up. However, they explain that the coin would need to stop bleeding, and only when the selling stops would it be able to move up.

相关阅读：加密货币分析师预测卡尔达诺抛物线激增，驱动因素是什么？一位这样的加密货币分析师在 TradingView 网站上概述了他们对 meme 硬币的期望。分析显示，随着 SHIB 开始上涨，其可能出现多个价格点。然而，他们解释说，代币需要止血，只有当抛售停止时，它才能上涨。

The crypto analyst also identifies a ‘Distribution Price’ for the coin, which they place at $0.00008488. But the coin still has a lot way to as the analyst explains that price will need to first drop to $0.00001249.

加密货币分析师还确定了该代币的“发行价格”，他们将其定为 0.00008488 美元。但正如分析师解释的那样，该币还有很长的路要走，价格需要首先跌至 0.00001249 美元。

“A correct move should have been to come back to that level and finish the retest but it has left a trap for repeat cycle perhaps. Watch the area for $0.00001045,” the analyst said.

“正确的做法应该是回到那个水平并完成重新测试，但这也许给重复周期留下了陷阱。关注该区域的 0.00001045 美元，”分析师表示。

SHIB price falls below $0.000027 support | Source: SHIBUSDT on Tradingview.com

SHIB 价格跌破 0.000027 美元支撑位 |资料来源：Tradingview.com 上的 SHIBUSDT 特色图片来自 Watcher Guru，图表来自 Tradingview.com