Shiba Inu(SHIB) reaches highest trading volume in 9 months... Signals accumulation of large-scale funds detected

On-chain Liquidity Explosion Reaches Highest Level Since March… Institutional Buying Momentum Prevails

Shiba Inu(SHIB) is reconstructing its rebound momentum with unprecedented trading volume. As large-scale funds flow simultaneously into spot and derivatives markets, a phased entry pattern by capital-rich forces, rather than simple retail chasing, is being observed.

On-chain data shows… real hands are moving

The most compelling evidence supporting the price rebound is the surge in trading volume. According to data from on-chain analysis platform Santiment(Santiment), the total on-chain trading volume of the SHIB ecosystem last week reached 66.91 trillion(Trillion). This is the highest level since March 2024, maintaining 4.01 trillion as of Tuesday, still recording high liquidity.

Generally, a surge in trading volume at lows indicates phased smart money inflow. CryptoQuant(CryptoQuant) data also diagnosed a large influx of orders and a Buy Dominance(Buy Dominance) formation in both spot and futures markets. This suggests that institutional-like forces with capital are leveraging their positions, rather than individual retail investors entering alone.

Sentiment shift in the futures market… short sellers retreat

Market sentiment indicators in the derivatives market are also beginning to show positive signals. Coinglass(Coinglass) open interest weighted funding rates have entered positive territory since Monday, currently recording 0.0096%.

A positive funding rate means long positions are paying short positions, indicating market participants are leveraging for a rebound rather than further decline and are regaining confidence. In other words, the proportion of short(short positions) is decreasing, and buying pressure is prevailing. The meaning of short is betting on price decline, and its weakening indicates reduced market conviction in a downtrend scenario. Historically, SHIB has shown strong upward movements whenever funding rates turn from negative to positive, fueling investor optimism.

( Technical signals align… aiming to reclaim $0.00001

The chart situation is also promising. SHIB successfully broke through the upper boundary of a long-term correction pattern, the Falling Wedge)Falling Wedge###, on December 3rd. Since then, it faced temporary resistance at the 50-day exponential moving average(EMA) of $0.0000092, entering a correction phase, but is currently battling to turn this price level into support.

Technical indicators also support upward momentum. The daily RSI(Relative Strength Index) is at 46, below the neutral 50, but forming an ascending divergence by making higher lows. If RSI surpasses 50, buying momentum is expected to strengthen further. Moreover, MACD(Moving Average Convergence Divergence) maintains the bullish “Golden Cross” signal from last week, trending upward.

The short-term resistance level is at the psychological price of $0.00001. Breaking this zone could signal a transition into a full-fledged upward trend. Conversely, if the current support at $0.0000092 breaks, the next defense line is at $0.0000076, which is also a recent key low that served as a springboard for the rebound. Falling below this level would threaten the bullish scenario, so close attention is needed.

( Overall assessment… all three factors align

On-chain liquidity explosion, institutional capital entry, reversal in derivatives sentiment, and aligned technical signals—all support SHIB’s rebound. However, until the $0.00001 breakout occurs, strong resistance remains, so preparedness for short-term volatility is essential.