are reaching pivotal points at which a long-term reversal becomes a possibility. Unfortunately, there is still a long way to go to cover the losses the industry experienced after the FTX implosion and the prolonged bear market.According to the four-hour chart, two moving averages might form a popular"golden cross," which is often considered one of the strongest bullish indicators in general.
During the insane bullrun SHIB had in 2021, the percentage of retail investors who held the asset only to sell it at a modest profit reached almost 80%, which is a critical number for any kind of asset.As soon as the price of the token reversed down, most retail traders added fuel to the downtrend by selling their holdings as soon as possible without looking at the losses they were facing.
Through 2022, whales were the only group of traders that had been actively purchasing the token without looking at its price performance. But even with the support of a large buyer, another rally for
Just trying to fish for bag holders
Damn. There is no market leading signal. Everything right now is done and will stay this way for a while.
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