The latest market evening report from Gate.io: SHIB price reaches $0.00002306 per coin, with a daily increase of 2.04%.

BOSS Wallet data source, Shiba Inu today’s price trend, SHIB’s latest price has reached $0.00002306, with a 2.04% increase, volume $620 million.

Based on the k-line chart, the current trend is oscillating. Compared to a significant increase at 16:00, it has decreased compared to 10:00. When both price and volume decline, it usually means that market activity is decreasing and both buyers and sellers are inactive. The market may be in a wait-and-see state, waiting for new driving factors. In this case, the future price may continue to be low or in a consolidation phase until new market news or events break the deadlock. Investors should closely monitor market changes and events that may trigger market fluctuations. The market is cooling down, with a decrease in volume. Judging by the Williams indicator, it is currently neither overbought nor oversold. Recently, there has been a decrease in volume compared to the previous few hours, and both price and volume are decreasing simultaneously: the market is quiet and trading is not active.

Market rallies may be influenced by multiple factors. It is recommended to continue monitoring, operate cautiously, and wait for the trend to become clear.

The above content is for reference only and does not constitute investment advice.