柴犬的悲觀未來：鏈上數據描繪出一幅黯淡的圖景

由於鏈上指標看跌，柴犬（SHIB）面臨潛在的價格下跌。網路成長、「實值」指標和鯨魚活動均有所下降，顯示投資者信心下降。然而，「買賣量失衡」表明存在一定的購買興趣，這為 SHIB 最近的價格調整提供了潛在的復甦訊號。

Shiba Inu Price at Risk of Further Decline, On-Chain Metrics Show Bearish Sentiment

柴犬價格面臨進一步下跌的風險，鏈上指標顯示看跌情緒

Shiba Inu (SHIB), the popular meme coin, faces potential price setbacks as various on-chain metrics indicate a pessimistic outlook within its ecosystem. Despite recent signs of recovery following a substantial price correction, SHIB's growth and sentiment appear to be waning.

由於各種鏈上指標顯示其生態系統內的前景悲觀，流行的迷因硬幣柴犬（SHIB）面臨潛在的價格挫折。儘管價格大幅調整後近期出現復甦跡象，但 SHIB 的成長和人氣似乎正在減弱。

Decline in Network Growth and Holder Profitability

網路成長及持有人獲利能力下降

According to data from IntoTheBlock, a leading market intelligence platform, Shiba Inu's net network growth has plummeted by 0.48% in the past week. This metric measures the total number of addresses holding SHIB, suggesting a decrease in active holders.

領先市場情報平台IntoTheBlock的數據顯示，近一週柴犬的淨網路成長率驟降0.48%。此指標衡量持有 SHIB 的地址總數，顯示活躍持有者有所減少。

Furthermore, the "In The Money" metric, which tracks the proportion of SHIB holders who are currently in profit, has also declined by 0.20%. This decline indicates that the majority of SHIB holders are experiencing losses on their investments, dampening overall sentiment.

此外，追蹤目前獲利的 SHIB 持有者比例的「In The Money」指標也下降了 0.20%。這一下降表明大多數 SHIB 持有者的投資正在遭受損失，從而削弱了整體情緒。

Reduced Whale Activity and Token Concentration

鯨魚活動減少和代幣集中度

The number of large transactions on the Shiba Inu network has also decreased, highlighting the bearish sentiment. Whale activity, defined as transactions exceeding $100,000, has dropped by over 10% in the past week, indicating that large investors are refraining from accumulating the asset.

柴犬網路上的大額交易數量也有所減少，凸顯了看跌情緒。鯨魚活動（定義為超過 10 萬美元的交易）在過去一周下降了 10% 以上，顯示大型投資者正在避免累積該資產。

This decline is particularly concerning given that Shiba Inu whales reportedly hold a significant 73% of the token's circulating supply, playing a crucial role in price discovery. The reduced whale activity is also reflected in the "Concentration" metric, which indicates neither a bullish nor bearish trend at present.

據報道，柴犬鯨魚佔該代幣流通供應量的 73％，在價格發現中發揮著至關重要的作用，這種下降尤其令人擔憂。鯨魚活動的減少也反映在「集中度」指標中，目前既不顯示看漲趨勢，也不顯示看跌趨勢。

Silver Lining: Bid-Ask Volume and Long-Term Outlook

一線希望：買賣量與長期前景

Despite the bearish indicators, the "Bid-Ask Volume Imbalance" metric remains bullish, suggesting that investors are accumulating SHIB. Buy orders have the potential to trigger an upward price movement. Additionally, on-chain signals could swiftly turn positive with an increase in SHIB's value.

儘管指標看跌，但「買賣量失衡」指標仍然看漲，顯示投資者正在累積 SHIB。買單有可能引發價格上漲。此外，隨著 SHIB 價值的增加，鏈上訊號可能會迅速轉為正向訊號。

Notably, the broader outlook for SHIB remains optimistic. Several crypto analysts anticipate the meme coin to experience substantial gains during the current market cycle. Some analysts, such as Altcoin Sherpa, have even predicted that SHIB may eventually surpass Dogecoin (DOGE) as the dominant meme coin.

值得注意的是，SHIB 的整體前景依然樂觀。一些加密貨幣分析師預計，模因幣將在當前的市場週期中經歷大幅上漲。一些分析師，例如 Altcoin Sherpa，甚至預測 SHIB 最終可能會超越狗狗幣（DOGE），成為主導的迷因幣。

At the time of writing, SHIB trades at approximately $0.00002667, exhibiting a slight increase over the past 24 hours. The token's price trajectory remains closely monitored by investors and analysts alike, as the on-chain metrics and market conditions continue to evolve.

截至撰寫本文時，SHIB 的交易價格約為 0.00002667 美元，在過去 24 小時內略有上漲。隨著鏈上指標和市場狀況的不斷發展，該代幣的價格軌跡仍受到投資者和分析師的密切關注。