Shiba Inu Faces $0 Liquidation Dilemma as Traders Exit Positions
Analysis
Price Impact
LowThe news highlights subdued liquidity and traders exiting positions, with very low liquidation figures for shib. while open interest and trading volume are down, this suggests a lack of strong conviction rather than a major catalyst for significant price movement.
Trustworthiness
MedPrice Direction
NeutralThe price is facing profit-taking and a struggle between bulls and bears around the $0.0000062 level. while there's resistance at $0.00000659 and support at the daily ma 50, the overall market sentiment and exit of traders suggest a period of consolidation rather than a strong directional move.
Time Effect
ShortThe article refers to recent 24-hour data and specific recent events like the fed decision, indicating that the analysis pertains to the short-term price action and market sentiment.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Shiba Inu price is facing profit-taking slightly above $0.0000062, as the tussle between bears and bulls continues. The broader crypto market is showing mixed price action on Saturday, with the majority of crypto assets largely in the red. Advertisement Shiba Inu was down 1.45% in the last 24 hours to $0.000006273. Wednesday's Federal Reserve decision to hold the federal funds rate steady seems to be weighing on the market. CoinGlass data shows $125 million in 24-hour liquidations across the crypto market, with the majority of this figure being long positions expecting further increases in price. In the case of Shiba Inu, liquidity remains subdued as traders exit positions. In recent hours, long and short liquidations came to $0. HOT Stories CLARITY Act Finalized: What It Means for Crypto XRP's Mini-Death Cross Hints at Dive Down, Shiba Inu (SHIB) Breakout Looks Bleak, Is Ethereum's (ETH) $2,000 Saved? Crypto Market Review You Might Also Like Tue, 04/14/2026 - 11:09 Shiba Inu Trader Activity Returns Amid $440 Million Market Shorts Wipeout By Tomiwabold Olajide Advertisement Meanwhile, Shiba Inu open interest has dropped 6.74% to $60.81 million in the last 24 hours. Shiba Inu's trading volume in the derivatives market has likewise dropped in this timeframe by nearly 48% to $79 million. This suggests that positions are being closed and capital is exiting the market, a signal for risk aversion. SHIB price The recent price drop caught Shiba Inu long traders expecting prices to increase off guard. Long liquidations for Shiba Inu came to $40,230, accounting for nearly all of the liquidations in the last 24 hours ($40,940), while shorts only came to $713.27. SHIB/USD Daily Chart, Image By: TradingView Shiba Inu rose for four straight days from April 28; however, negative funding rates in the market indicate that traders are still shorting any rallies, cutting short any potential rise. Advertisement SHIB 's price increase faces a barrier at the April 29 high of $0.00000659, while Shiba Inu aims to convert the $0.000006 level (the daily MA 50) into support. Earlier this week, the Fed voted to keep the benchmark federal funds rate on hold between 3.50% and 3.75%. The personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation in the economy, rose 0.7% in March, according to a Thursday release. #Shiba Inu (SHIB) News #Shiba Inu