Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Is SHIB about to break above the 100-day moving average? Trading volume is the key.
【Crypto World】Shiba Inu Coin(SHIB) is currently approaching a tough nut to crack—the 100-day moving average, which has not been truly broken this year.
The recent rally looks aggressive, but a closer look reveals that it’s actually driven by forced short covering, and buying pressure isn’t that strong. As SHIB gets closer to a key resistance level, trading volume has actually shrunk, which is a somewhat concerning signal.
On the technical side, the RSI is hovering in the mid-range, indicating that the market is still hesitating about whether to break through. The current situation is this: either SHIB sees a surge in volume to break through the 100-day moving average and completely change its trend; or if it gets pushed back, it could head straight to the next support level.
The key still depends on whether the subsequent trading volume can keep up. A rebound with insufficient volume is like a house of cards, ready to collapse at any moment. So whether this level marks a new starting point or a top signal will depend on the market performance in the coming days.