In the past 24 hours, Shiba Inu's trading volume has surged by 1.8 billion coins. It sounds quite exciting, but a closer look at on-chain data reveals that things are not that simple. Funds continue to flow into exchanges, with large holders keeping their coins in positions ready to sell at any moment. This clearly indicates that short-term speculation is active, and genuine market recovery signs are actually insufficient.

From the price performance perspective, Shiba Inu is currently being tightly suppressed by the 50-day and 100-day moving averages, with each rally quickly pushed back down. Although the RSI has returned to the neutral zone, it lacks the long-term momentum to support a sustained move. To see a real reversal, the market needs several key signals: holders' reserves beginning to decline, funds starting to flow out of exchanges, and the price stabilizing above these critical moving averages. Until these conditions are confirmed, old tricks like oscillations, failed breakouts, and dead cat bounces will continue to appear in turn.

Ultimately, short-term rebounds definitely present opportunities, but the trend structure has not been established at all. Betting on a major reversal at this point is too risky. Look at the data before making decisions—don't be blinded by trading volume.