$SHIB just slipped 3.4% on what's being called whale repositioning, and it's still up 4.28% on the week.
that gap matters. repositioning isn't dumping. big wallets moving supply around inside their own bags reads different than big wallets heading for the exits, and the weekly green while the daily headline screams "why is SHIB down" tells you which one this actually is.
i'm reading this as a shakeout, not a top. the people asking "why is SHIB up today" and the people asking "why is SHIB down today" are looking at the same whale, just on different days this week.
right now $SHIB trades at $0.00000524, sitting almost dead center in today's $0.00000511 to $0.00000528 range. if it holds $0.00000511, i think this whale shuffle turns into fuel for another run at that $0.00000528 high and past it. if it loses $0.00000511, i'm wrong on this and anyone who bought the slip is holding a bag with no floor under it.
holding $0.00000511 or losing it?
follow me for more calls like this.
that gap matters. repositioning isn't dumping. big wallets moving supply around inside their own bags reads different than big wallets heading for the exits, and the weekly green while the daily headline screams "why is SHIB down" tells you which one this actually is.
i'm reading this as a shakeout, not a top. the people asking "why is SHIB up today" and the people asking "why is SHIB down today" are looking at the same whale, just on different days this week.
right now $SHIB trades at $0.00000524, sitting almost dead center in today's $0.00000511 to $0.00000528 range. if it holds $0.00000511, i think this whale shuffle turns into fuel for another run at that $0.00000528 high and past it. if it loses $0.00000511, i'm wrong on this and anyone who bought the slip is holding a bag with no floor under it.
holding $0.00000511 or losing it?
follow me for more calls like this.
