Two reasons to be bearish on Shiba Inu

Shiba Inu (SHIB) has corrected from its daily open of $0.0000060 to trade around $0.0000058 at the time of writing on Thursday. Shiba Inu extends its pullback below the daily open of $0.0000060 as volatility intensifies.Investors are increasingly betting on further downside momentum as the Shiba Inu Open Interest-weighted funding rate falls deeper into negative territory.The Shiba Inu… Shiba Inu (SHIB) has corrected from its daily open of $0.0000060 to trade around $0.0000058 at the time of writing on Thursday. Shiba Inu extends its pullback below the daily open of $0.0000060 as volatility intensifies.Investors are increasingly betting on further downside momentum as the Shiba Inu Open Interest-weighted funding rate falls deeper into negative territory.The Shiba Inu derivatives market remains weak despite futures Open Interest steadying at $52 million.Shiba Inu (SHIB) has corrected from its daily open of $0.0000060 to trade around $0.0000058 at the time of writing on Thursday. The… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.