Shiba Inu（Shib）显示了近四年的合并后出现突破的新迹象

关键的链上指标 - 包括积极的鲸鱼积累，前所未有的代币燃烧率以及交换储量的大幅下降 - 表明SHIB可能处于主要价格转移的边缘。

Shiba Inu price is showing renewed signs of a breakout after nearly four years of consolidation, with key on-chain metrics pointing to a potential move.

Shiba Inu Price显示出了将近四年的合并后出现突破的新迹象，关键的链链指标表明潜在的举动。

Shiba Inu Nears the End of a Multi-Year Consolidation Phase

Shiba Inu接近多年合并阶段的末尾

Since its explosive rally in 2021, largely driven by Ethereum co-founder Vitalik Buterin’s historic burn of 400 trillion tokens, SHIB has been locked within a tight trading range between $0.000005 and $0.000096. However, recent price action may be signaling the end of this extended sideways trend.

自2021年爆炸性集会以来，主要由以太坊联合创始人Vitalik Buterin的历史性燃烧400万亿代币驱动，Shib一直锁定在$ 0.000005和0.000096美元之间的紧张交易范围内。但是，最近的价格行动可能标志着这种扩展的侧向趋势的结束。

In 2024, SHIB crossed above the critical resistance level at $0.000014 and is currently attempting to establish it as a new support base — a potential signal of bullish momentum.

在2024年，Shib越过临界电阻水平为0.000014美元，目前正试图将其确立为新的支持基础，这是看涨势头的潜在信号。

A weekly candle close above the 200-week moving average at approximately $0.0000182 would confirm a long-term trend reversal. The next technical target lies near $0.000037, with further upside potential toward the all-time high of $0.00025, should bullish momentum continue.

每周的蜡烛高于200周的移动平均线，约为0.0000182美元，将确认长期趋势逆转。下一个技术目标是接近$ 0.000037，如果持续势头继续前进，则具有朝着0.00025美元的历史高处的进一步上涨潜力。

Bearish Scenario

看跌场景

Despite promising indicators, Bitcoin’s continued market dominance could draw liquidity away from meme coins like SHIB. If this trend persists, SHIB may revisit support levels around $0.0000055 and remain in consolidation.

尽管有希望的指标，但比特币的持续市场优势仍可能使流动性脱离诸如Shib之类的模因硬币。如果这种趋势持续存在，SHIB可能会重新访问0.0000055美元的支持水平，并保持合并。

Huge Amounts of SHIB Are Being Dumped

正在倾倒大量的芯片

Recent on-chain data from Santiment reveals that large holders — or “whales” — have been accumulating approximately 530 trillion SHIB since January 2025. Simultaneously, SHIB held on centralized exchanges has declined by 5 trillion tokens, now totaling 141 trillion. This shift reduces available liquidity and could contribute to a potential supply shock, historically a bullish catalyst.

最新的链链数据表明，自2025年1月以来，大型持有人（或“鲸鱼”）一直在累积约53万亿芯片。同时，在集中交易所举行的Shib同时减少了5万亿个代币，现在总计141万亿美元。这种转变降低了可用的流动性，并可能导致潜在的供应冲击，这是看涨的催化剂。

Notably, a similar pattern of whale accumulation and reduced circulating supply preceded SHIB’s parabolic rally in 2021.

值得注意的是，鲸鱼积累和减少的循环供应模式在2021年的抛在抛物线集会之前。

In a further sign of tightening supply, SHIB’s token burn rate surged by more than 11,000% in the past 24 hours, permanently removing over 28 million tokens from circulation. These deflationary dynamics mirror those seen during the previous breakout and may enhance bullish sentiment.

在进一步的迹象表明，Shib的代币燃烧率在过去24小时内飙升了11,000％以上，永久从流通中取出了超过2800万个令牌。这些放流动力学反映了在上一次突破中看到的动力学，并可能增强看涨情绪。

Shiba Inu is at a pivotal moment as it attempts to break out of a multi-year consolidation phase. The convergence of whale accumulation, surging burn activity, and declining exchange reserves creates a favorable environment for a breakout. However, broader market dynamics — particularly Bitcoin’s performance — remain a critical factor.

Shiba Inu正处于关键时刻，因为它试图摆脱多年合并阶段。鲸鱼积累，燃烧活动飙升和交换储量下降的融合为突破带来了一个有利的环境。但是，更广泛的市场动态，尤其是比特币的性能 - 仍然是关键因素。

If current momentum holds, SHIB may finally break out of its multi-year consolidation and initiate a new upward trend. Conversely, any loss of bullish pressure or macro-driven headwinds could prolong the status quo.

如果目前的动量成立，SHIB可能最终摆脱了多年的整合，并启动了新的上升趋势。相反，任何看涨压力或宏观驱动的逆风的损失都可以延长现状。