Shibarium TVL as an on-chain confidence barometer: SHIB’s current price is 0.00000510, having fallen into the 0.000005 psychological support level warned about in the original text. The original logic is that a 74% drop in TVL reflects ecosystem contraction, and that tightening liquidity would further intensify selling pressure—while the current 24h decline of 3.8% is validating this on-chain signal.
The rebound conditions “baked in” in the original text are that BTC breaks through 100,000 to boost sector sentiment, but BTC’s current price is 77,672 and it is down 2.1% over the past 24h, so this trigger has not been met yet. Strategically, if TVL does not stabilize, the upside of a SHIB rebound will be limited. Watch whether the 0.0000048 area can form a second support. #SHIB
The rebound conditions “baked in” in the original text are that BTC breaks through 100,000 to boost sector sentiment, but BTC’s current price is 77,672 and it is down 2.1% over the past 24h, so this trigger has not been met yet. Strategically, if TVL does not stabilize, the upside of a SHIB rebound will be limited. Watch whether the 0.0000048 area can form a second support. #SHIB