【SHIB is currently neither up nor down, which is actually the most challenging for people】
Watching the K-line hover around 0.000008, to be honest, this feeling is worse than a crash. If it rises, there's no volume; if it falls, it's not dead yet. The RSI is stuck at 48.8, neither up nor down, reminiscent of my state when I pursued my ex-girlfriend, feeling like “let it be, but I can’t bear to part with it.” But honestly, this consolidation period is the most mentally exhausting. Experienced traders know that MEME coins never follow logic; it's all about emotions and rhythm. The current trend either needs to break through 0.0000095 with volume, and if the sentiment rises, it might surge to 0.000012 or even higher. After all, the foundation of Dog King is still there, the community's enthusiasm hasn't completely cooled, and with Bitcoin stabilizing recently, there are signs of a market rebound. Popular coins like SHIB are the easiest to take off with momentum. Conversely, if the market pulls back again, or if selling pressure on-chain suddenly increases, that horizontal line could turn into a “continuation of the downtrend,” leading to a new round of agony.
But personally, I tend to be a bit optimistic. Not because the technicals look great, but because this continuous shrinking volume fluctuation, doesn’t it seem like someone is quietly accumulating below? You see, every time it dips below 0.0000078, it can't hold, and is quickly pulled back up, indicating that the support below is actually not weak. Moreover, the entire crypto space is waiting for the next narrative breakthrough. A coin like SHIB, driven purely by faith, tends to react the fastest when there’s any movement.
Of course, when I say I’m biased towards bullishness, I’m not advising you to go all in. I’m also holding my previous position, and I can’t add more, it’s exhausting. But if it really drops below 0.000007, I might actually consider buying more — after all, cheap is truly cheap. Playing SHIB shouldn’t be treated as an investment; it’s more like a psychological game. The more anxious you are, the less it moves; when you relax, it surprises you instead.
So, don’t stare at one or two K-lines every day. Go to work if you need to, eat if you need to. Wait for the day when you suddenly discover “hey, how did SHIB run by itself,” then it won’t be too late to laugh.
If it were you, what would you do now?
