I noticed something interesting about SHIB. The other day, 40 billion tokens entered exchanges, but the outflow couldn't keep up. The net flow remained positive, indicating there could be selling pressure in the market. The price had already dropped 4% in that 24-hour period and was rejected at the descending triangle resistance technically. Traders seem a bit hesitant in the short term.

But the interesting part is, according to wallet data released by the Shibarium team, between 5,000 and 12,000 new wallets are created each month. The total number of holders has surpassed 1.5 million. This shows that the $shib ecosystem is still attracting new users. Retail interest is still present.

So, two forces are working simultaneously: one is pushing the price down, while the other is quietly building beneath. In the near term, there is selling pressure, but in the long term, new users continue to come in to support demand. The market will show which side will ultimately prevail.