Is the Shiba Inu Rally Losing Steam After a 37 Percent Surge?

Shiba Inu recently saw an impressive 37 percent jump in price. This sudden move triggered a wave of fear of missing out among retail traders who piled into the market hoping to catch the momentum.

Behind the scenes, large investors known as whales were very active during the run. This increase in movement from big holders often precedes a shift in market direction, and the current cooling phase suggests the initial excitement is beginning to settle.

As the price moved higher, many leveraged positions were closed out rapidly. This often leads to a drop in volatility as the market flushes out excessive risk. Traders are now watching to see if the coin can find a solid support level or if it will face more pressure in the coming days.