2026-01-07 03:24:43

Since the beginning of the year, SHIB has increased by 30%, which at first glance seems to be another wave of meme coin hype. However, a closer look at the details reveals that the logic behind this move is much more complex than it appears on the surface.

From a technical perspective, the price has already stabilized above the short-term moving average, with buying pressure continuously entering the market. The RSI value is in the strong zone but shows slight signs of overheating. The question here is: the gains came quickly, but can market confidence keep up? Currently, the characteristics are more akin to short-term capital concentration.

On-chain data also reveals another signal — medium-sized wallets holding between 1,000 to 100,000 SHIB are continuously adding to their positions, acting as the invisible drivers behind this rally. In contrast, large holders are adopting a wait-and-see attitude, while retail investors appear more relaxed.

Looking at the ecosystem side, trading volume on Shibarium is steadily increasing, and the transaction fees for BONE tokens have been repeatedly rising, indicating that on-chain activity and usage remain hot.

In summary, this rally is supported by both momentum and mid-tier capital. Whether it can go further ultimately depends on whether the ecosystem applications can continue to heat up.

SHIB-2,41%

BONE0,01%

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ApeEscapeArtist

· 01-07 16:42

Middle-tier funds are playing around, big players are watching the show, retail investors should just eat their meals... This is what SHIB looks like now. To put it simply, it still depends on whether Shibarium can hold up, otherwise it’s just a false fire. RSI is overheated, be careful of being caught in a quick in and out trap, brothers. A 30% increase sounds impressive, but if you can’t keep up with the rhythm, you’ll be giving it all back in no time. This is the fate of playing with ecosystem tokens. It feels like the middle-tier wallets are the real smart money, big players are avoiding it. Ecosystem popularity is the key, without it, everything is pointless. Another round of short-term capital frenzy? I bet five bucks this wave won’t last long.

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ProofOfNothing

· 01-07 07:41

Mid-tier wallets are quietly building positions, now that's the highlight—more savvy than big players.

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AlwaysMissingTops

· 01-07 03:51

Mid-tier wallets are quietly accumulating, this is the real signal... Retail investors are still laid-back, by the time they realize it, it might be too late.

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GasFeeVictim

· 01-07 03:51

Is the mid-tier wallet bottoming out? These people are smarter than the big players, but how long the ecosystem's hype can last is uncertain.

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StakoorNeverSleeps

· 01-07 03:44

The perspective of mid-level capital pushers is interesting, but honestly, the key is how long this kind of rise can be sustained... Overheated RSI and still adding positions?

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SchrodingersFOMO

· 01-07 03:44

Middle-tier funds are causing trouble, while big players are pretending to be dead. This situation is quite interesting. --- A 30% increase sounds great, but the RSI is already overbought... Short-term funds tend to exit faster than expected. --- The key still depends on whether Shibarium can really get off the ground; otherwise, it’s just another empty show. --- I believe retail investors are taking a laid-back approach, but medium-sized wallets are seriously adding positions this time. --- The ecosystem’s heat determines the ceiling; this analysis is still quite reliable. --- If the momentum runs out and the ecosystem can't sustain itself, that 30% gain will be for nothing. --- BONE transaction fees are increasing? This indicates that on-chain traffic is indeed shifting. --- Big players are just watching the show, which means this isn’t the end yet.

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IronHeadMiner

· 01-07 03:33

Mid-tier funds are pushing, big players are just watching the show... This is outrageous, the real players haven't even moved yet.

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