Shiba Inu（Shib）目前正在遇到身份危机

由于基本原理，鲸鱼的兴趣减弱和缺乏领导才能，Shib似乎正在迅速失去动力。

Shiba Inu is currently experiencing an identity crisis as it is nowhere near its own version from 2021. SHIB seems to be losing steam quickly due to poor fundamentals, waning whale interest and a lack of leadership.

Shiba Inu目前正在遇到身份危机，因为它远不及2021年的版本。由于基本原理不佳，鲸鱼的兴趣减弱和缺乏领导才能，Shib似乎正在迅速失去Steam。

Large SHIB holders, especially those with trillions of tokens, are vanishing according to on-chain data, which is a concerning trend. While smaller holders have barely increased, wallets holding between 1 trillion and 10 trillion SHIB have recently seen a decline of more than 2%

根据链上数据，大型湿巾持有人，尤其是那些具有数万亿个令牌的持有者正在消失，这是一个有关趋势。虽然较小的持有人几乎没有增加，但持有1万亿至10万亿希布的钱包最近下降了2％以上

This change is highlighting the waning interest of early investors who once had high hopes for SHIB to become a long-term moonshot.

这一变化强调了早期投资者的兴趣，他们曾经对Shib成为长期的月球发行寄予厚望。

This is especially concerning given that the total number of smaller SHIB holders, namely those with less than 100 million tokens, has remained nearly unchanged. It seems that only a small portion of traders are accumulating at current price levels.

尤其是，考虑到较小的湿巾持有人的总数，即少于1亿个令牌的人的总数几乎没有变化。似乎只有一小部分交易者在当前价格水平上积累。

Concern is heightened by the sharp decline in large transactions. By April 12, the metric had fallen to just 15 from a peak of 112 large transactions on April 7. This sharp drop indicates that institutional or whale interest is waning. This creates a negative impression of SHIB's momentum when combined with the declining volume of transactions.

大型交易的急剧下降加剧了人们的关注。到4月12日，该指标在4月7日的112次大型交易中跌至仅15个。这种急剧下降表明机构或鲸鱼的兴趣正在减弱。当交易量减少时，这会给Shib的动量产生负面印象。

The data on In/Out of Money is equally instructive. As of right now, only 10% of SHIB holders are profitable at current prices (~$0.0000123), and 88% are underwater. This indicates that the great majority of SHIB's circulating supply is sitting in unrealized losses with nearly 900 trillion tokens being out of the money.

内外资金上的数据同样具有启发性。截至目前，只有10％的洗纸浆持有人以目前的价格有利可图（〜$ 0.0000123），而88％则在水下。这表明，Shib的大部分循环供应都陷入未实现的损失中，而将近900万亿个令牌属于这笔钱。

The 50, 100 and 200 EMAs are important moving averages that SHIB has been struggling with since early 2024 and it is currently trading below all three. For a brief moment, the meme coin tried to break through resistance at $0.0000128 but was unable to maintain the line.

自2024年初以来，50、100和200 EMA是Shib一直在挣扎的重要移动平均值，目前的交易低于这三个。在短时间内，模因硬币试图以0.0000128美元的价格突破阻力，但无法维持线路。

Without an outside catalyst, a breakout appears less likely as volume fades and the RSI remains in neutral territory. SHIB is fundamentally undirected. Now that Shytoshi Kusama rarely makes public appearances and there have been no significant ecosystem updates, the coin is only surviving on brand memory. There are no innovative alliances, no road map and no alluring value proposition other than wishful thinking.

没有外部催化剂，随着体积逐渐消失，RSI仍然处于中立领域，突破似乎不太可能。湿骨从根本上是无方向性的。既然Shytoshi Kusama很少公开露面，并且没有重要的生态系统更新，那么硬币只能在品牌记忆中生存。除了一厢情愿的思想以外，没有创新的联盟，没有路线图，也没有诱人的价值主张。

The market as a whole may go into a frenzy and SHIB's once-dominant trillionaire holders may continue to fade into the past unless the Shiba Inu team produces a major development soon.

整个市场可能会陷入疯狂的狂热，而Shib曾经占有主导的千万富翁持有者可能会继续逐渐消失，除非Shiba INU团队很快就会产生重大发展。