RSI Analysis (4H candles): • RSI(6) = 36.9 → Close to oversold, showing reduced selling pressure and potential for a rebound. • RSI(12) = 44.4 → Below 50, indicating slightly bearish momentum but with room for recovery.
Next 4 Hours Forecast: • Higher chance of a short-term price increase due to RSI nearing oversold. • Expected movement in the next 4-hour candle: +1% to +3% if buyers step in; otherwise, a small drop of -1% to -2% before recovery is possible#Shibarium #shib #BTC $SHIB
(July 28–July 30, 2025) plus today’s updates on Shiba Inu (SHIB)—covering burn volumes, major investors, and Shibarium developments:
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🔥 SHIB Burn Activity • Over the past 24 hours, a whale burned approximately 600 million SHIB in a single transaction—marking a ~374,000% spike in burn rate compared to previous days  . • Earlier in the week, burn volume surged sharply—overall week-over-week increase near 360%, with roughly 135 million SHIB burned 7‑day total, and about 6.3 million burned in the last day, registering a 2,742% daily rise . • Two days ago, burn rates collapsed to just ~226,000 SHIB, reflecting a 93% drop compared to days of intense burning .
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👥 Major Investors / Whale Activity • In the past 24 hours, whale movements exploded—inflows from large holders spiked from approximately 9.3 billion SHIB to 798 billion SHIB, an 8,866% increase . • IntoTheBlock data indicates that whale-held SHIB jumped from 342 billion to 2.2 trillion in just one day—suggesting strong accumulation despite the bearish short-term sentiment .
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⚙️ Shibarium & Ecosystem Updates • Shibarium usage is booming: the network continues to see 3+ million daily transactions, part of over 1.4 billion total transactions this week . • A new automated burn engine on Base and Shibarium is live—every transaction now generates SHIB burns via fee mechanics, helping to sustain steady deflation despite fluctuating community burns . • The Shib Alpha Layer (Layer 3) explorer has been launched—providing real‑time block and transaction data, which enhances transparency and developer onboarding . • Development upgrades now include AI and privacy enhancements, interoperable DeFi tools, and expanded utility for $SHIB , $BONE, $TREAT, and NFTs in the ecosystem . $SHIB