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 <p>Shiba Inu's hourly chart has printed a golden cross. The 50-period moving average crossed above the 200-period moving average, a technical event traders often associate with building bullish momentum. SHIB is <a href="https://coincodex.com/crypto/shiba-inu/" rel="noopener noreferrer nofollow"><span>currently trading</span></a> at $0.000006024, up 1.45% over the past 24 hours.</p>
 <p>The signal arrives during a period of measured optimism. Price action has been positive in recent sessions, yet the broader technical structure remains cautious. Lower highs continue to define the short-term trend, and the market has not yet confirmed a sustained reversal.</p>
 <h2 id="exchange-inflows-surge-raising-profit-taking-concerns">Exchange Inflows Surge, Raising Profit-Taking Concerns</h2>
 <p>On-chain <a href="https://www.coinglass.com/" rel="noopener noreferrer nofollow"><span>data</span></a> from CoinGlass presents a mixed picture. Spot inflows to exchanges have surged sharply, outpacing outflows by a wide margin. Over the last eight hours alone, spot flow increases reached 7,004%. Elevated exchange inflows typically indicate holders moving assets into position to sell, suggesting some participants may be seeking to lock in gains at current levels.</p>
 <p>Trading volume tells a similar story. <a href="https://coincodex.com/crypto/shiba-inu/news/" rel="noopener noreferrer nofollow"><span>Coincodex data</span></a> shows SHIB's 24-hour volume rose just 1.53%, reaching $109.72 million. The subdued increase points to limited conviction among traders. Activity across spot markets remains quiet. The combination of rising inflows and thin volume creates a fragile backdrop, even as the hourly chart flashes a traditionally bullish signal.</p>
 <p>Spot flow data remains net positive across most time frames. However, the divergence between inflow activity and genuine buying pressure warrants attention. When supply moves to exchanges without a corresponding rise in demand, prices can face resistance.</p>
 <h2 id="derivatives-market-shows-caution-amid-rising-open-interest">Derivatives Market Shows Caution Amid Rising Open Interest</h2>
 <p>The derivatives market offers a nuanced read. SHIB's open interest climbed nearly 3% over the past day to reach $53.11 million. Meanwhile, funding rates held steady. Rising open interest alongside stable funding rates suggests new positions are being opened without a strong directional bias.</p>
 <p>Traders appear reluctant to commit firmly to either side. This type of positioning can precede a volatile move in either direction. The groundwork for a potential rebound may be forming, but demand signals remain insufficient to confirm it. A sustained price shift will require stronger participation from buyers, particularly in the spot market.</p>
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Shiba Inu Price Surges 1.45% as Golden Cross Flashes — Is SHIB Ready for a Breakout?

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