市场动态和链上数据揭示了柴犬（SHIB）涨势放缓的原因

柴犬最近成功突破盘整阶段，引发了投资者的乐观情绪。尽管如此，并没有出现明显的

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）最近几周显示出有希望的复苏迹象，但其反弹似乎已陷入停滞，多种市场动态可能导致了这种放缓。

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

检查链上数据和市场活动有助于确定 SHIB 价格走势受阻背后的潜在原因。

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.

衡量柴犬市场活动的一项重要指标是大额交易量和整体网络活动。与之前的高峰相比，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.

尽管大额交易数量有所增加，但仍显着低于主要牛市期间观察到的水平，这表明鲸鱼在推高价格方面的参与较少。

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 持有者的盈利数据呈现出截然不同的情绪。虽然持有 SHIB 的大多数地址都是实值的，但剩下的大量持有者在较高价格点上可能会在这次反弹期间出售其持有的资产，从而增加市场的抛售压力。

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.

更广泛的市场状况也可能是柴犬表现不佳的一个原因。比特币、以太坊和 XRP 等资产一直占据头条新闻并吸引投资者的关注。

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

由于目前对这些高市值资产的大量资金流入和市场兴趣，像 SHIB 这样的山寨币发光的机会较少。

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.

图表显示，SHIB 已成功守住 0.00002300 美元左右的关键支撑位上方，但成交量仍然相对较低。如果没有巨大的购买压力来推动持续上涨，SHIB 继续看到价格大幅上涨可能会面临挑战。

Bitcoin's paramount level

比特币的最高水平

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.

随着比特币徘徊在 10 万美元的心理和技术门槛附近，市场正在密切观察该资产的价格走势，以寻找微妙但至关重要的信号。尽管持续的看涨势头暗示可能出现突破，但 RSI 背离的形式正在出现令人担忧的迹象。

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.

动量震荡指标相对强弱指数 (RSI) 目前与价格走势背离。尽管比特币价格已创历史新高，但 RSI 基本持平甚至下降，表明反弹力度可能正在减弱。

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.

这种背离通常先于趋势逆转，表明抛售压力可能很快就会施加到该资产上。 RSI 背离具有准确预测即将发生的修正的记录，使得这一观察结果具有重要意义。

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 年底比特币升至历史高点期间，在重大市场调整之前也观察到了类似的背离。虽然这并不能保证立即回调，但值得投资者谨慎对待。

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

如果出现修正，50 日均线趋势将在 75,000 美元附近，比特币可能会测试支撑位。