市場動態和鏈上數據揭示了柴犬（SHIB）漲勢放緩的原因

柴犬最近成功突破盤整階段，引發了投資人的樂觀情緒。儘管如此，並沒有出現明顯的

Shiba Inu (SHIB) has shown promising signs of recovery in recent weeks, but its rally appears to have stalled, and several market dynamics may be contributing to this slowdown.

柴犬（SHIB）最近幾週顯示出有希望的復甦跡象，但其反彈似乎已陷入停滯，多種市場動態可能導致了這種放緩。

Examining on-chain data and market activity can help identify potential reasons behind SHIB’s hindered price movement.

檢查鏈上數據和市場活動有助於確定 SHIB 價格走勢受阻背後的潛在原因。

One crucial measure of Shiba Inu market activity is the volume of large transactions and the overall network activity. Compared to previous peaks, the transaction volume has been lower recently.

衡量柴犬市場活動的重要指標是大額交易量和整體網路活動。與之前的高峰相比，近期的交易量有所下降。

While the number of large transactions has increased, it is still significantly lower than the levels observed during major bull runs, suggesting less involvement from whales in driving up prices.

儘管大額交易數量有所增加，但仍顯著低於主要牛市期間觀察到的水平，這表明鯨魚在推高價格方面的參與較少。

Furthermore, profitability data for SHIB holders presents a contrasting sentiment. While the majority of addresses holding SHIB are in the money, there is a possibility that the remaining large group of holders at higher price points might be selling their holdings during this rally, adding to the selling pressure in the market.

此外，SHIB 持有者的獲利數據呈現出截然不同的情緒。雖然持有 SHIB 的大多數地址都是實值的，但剩下的大量持有者在較高價格點上可能會在這次反彈期間出售其持有的資產，從而增加市場的拋售壓力。

The broader state of the market may also be playing a role in Shiba Inu’s underwhelming performance. Assets like Bitcoin, Ethereum and XRP have been grabbing headlines and attracting investor attention.

更廣泛的市場狀況也可能是柴犬表現不佳的一個原因。比特幣、以太坊和 XRP 等資產一直佔據頭條新聞並吸引投資者的注意。

With substantial inflows and market interest currently observed in these high-cap assets, altcoins like SHIB have less opportunity to shine.

由於目前對這些高市值資產的大量資金流入和市場興趣，像 SHIB 這樣的山寨幣發光的機會較少。

The charts show that SHIB has managed to hold above critical support levels around $0.00002300, but the volume is still relatively low. Without significant buying pressure to fuel a sustained rally, it may be challenging for SHIB to continue seeing substantial price increases.

圖表顯示，SHIB 已成功守住約 0.00002300 美元的關鍵支撐位上方，但成交量仍相對較低。如果沒有巨大的購買壓力來推動持續上漲，SHIB 繼續看到價格大幅上漲可能會面臨挑戰。

Bitcoin's paramount level

比特幣的最高水平

As Bitcoin hovers around the psychological and technical threshold of $100,000, the market is closely observing the asset’s price action for subtle yet crucial signals. Despite the ongoing bullish momentum hinting at a potential breakout, a concerning sign is emerging in the form of RSI divergence.

隨著比特幣徘徊在 10 萬美元的心理和技術門檻附近，市場正在密切觀察該資產的價格走勢，以尋找微妙但至關重要的訊號。儘管持續的看漲勢頭暗示著潛在的突破，但 RSI 背離的形式正在出現一個令人擔憂的跡象。

The Relative Strength Index (RSI), a momentum oscillator, is currently diverging from the price movements. While Bitcoin price has been reaching new all-time highs, the RSI has been essentially flat or even decreasing, suggesting that the strength of the rally might be waning.

動量震盪指標相對強弱指數 (RSI) 目前與物價走勢背離。儘管比特幣價格已創歷史新高，但 RSI 基本持平甚至下降，表明反彈力度可能正在減弱。

This divergence often precedes a trend reversal, indicating that selling pressure may soon be applied to the asset. RSI divergence has a track record of accurately predicting impending corrections, making this observation significant.

這種背離通常先於趨勢逆轉，表明拋售壓力可能很快就會施加到該資產上。 RSI 背離具有準確預測即將發生的修正的記錄，使得這項觀察結果具有重要意義。

For instance, a similar divergence was observed before a major market correction during the period when Bitcoin rose to its all-time highs in late 2021. While this does not guarantee an immediate pullback, it warrants investor caution.

例如，在 2021 年底比特幣升至歷史高點期間，在重大市場調整之前也觀察到了類似的背離。

If a correction unfolds, the 50-day EMA is trending around the $75,000 level, where Bitcoin might test support levels.

如果出現修正，50 日均線趨勢將在 75,000 美元附近，比特幣可能會測試支撐位。