These past few days, SHIB's performance has indeed attracted attention. From a technical perspective, the current price remains around 0.000009, with a 24-hour increase of 7.77%. The RSI indicator has reached 67.1, signaling active market sentiment. However, it hasn't entered the overbought zone yet, indicating room for further upward movement.



The price has been oscillating between 0.000009 and 0.000010, with these two key levels acting like a "toll booth"—0.000010 has become a resistance point. Once broken, it could open up new upside potential. But from the current technical pattern, we need to observe whether it can effectively break above this level.

The most interesting aspect is the change in market enthusiasm. Bitcoin continues to perform strongly, and XRP is expected to heat up. The performance of these leading coins has unconsciously boosted smaller and mid-cap tokens. As a community-driven coin, SHIB has recently taken the spotlight—data shows a weekly increase close to 30%, with many calling out various target prices. However, these figures actually reflect a mixture of market participants' greed and expectations.

This is the norm in the crypto world: there are always people eager to jump in, and others waiting for a turning point. Market fluctuations are unpredictable, and the rhythm varies. Looking at SHIB's long-term cycle, current volatility is just a fragment of its lifecycle, and participants are merely spectators in this market game.

Trading requires the right mindset. It's important to be aware of market risks while not overlooking opportunities. The key is to find your own rhythm. In the fast-changing crypto space, staying clear-headed through every fluctuation is far wiser than blindly following the crowd.
SHIB-3.73%
BTC-0.3%
XRP-2.61%
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ShitcoinConnoisseurvip
· 01-09 00:24
30% weekly increase? Those rushing in now are probably going to get trapped again.
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ProofOfNothingvip
· 01-08 23:41
0.000010 at this level is really like a toll booth; if you can't break through, it's hard to move higher. This wave of enthusiasm seems quite superficial.
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BlockTalkvip
· 01-08 13:48
Hearing that the weekly increase is 30% is enough; there aren't many who truly dare to lay in ambush.
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GasFeePhobiavip
· 01-06 12:54
Talking about SHIB again? A 30% weekly increase sounds appealing, but can this wave hold up? I really don't dare to bet on it.
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RegenRestorervip
· 01-06 12:50
SHIB is fluctuating again this wave, and the 0.000010 level is really holding. Whether it breaks or not depends on the actions in the next couple of days.
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GateUser-a606bf0cvip
· 01-06 12:40
Still debating between 0.000009 and 0.000010... To be honest, breaking through or not is all fate, and having the right mindset is much more important than predicting the trend correctly.
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BetterLuckyThanSmartvip
· 01-06 12:32
Ah, it's the same old story. Isn't breaking through 0.0001 enough? Why all the talk about technicals?
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