Shiba Inu Sees 114% Bull-Bear Sentiment Imbalance Amid Price Rise

Shiba Inu (SHIB) has demonstrated a notable 114% imbalance between bullish and bearish market sentiment, indicating growing confidence among investors amid broader market recovery. As of August 8, 2025, SHIB recorded 77 bulls against 67 bears, reflecting a stronger inclination toward optimism about the token’s price direction [1].

The token’s current price stands at $0.00001294, representing a 2.86% increase within the last 24 hours. This upward movement coincides with a significant shift in sentiment, reinforcing the idea that traders are beginning to view SHIB more favorably [1]. Additionally, SHIB recently formed a golden cross—a key technical indicator where the short-term moving average crosses above the long-term average. This pattern is often interpreted as a sign of reduced selling pressure and the potential onset of a bullish trend [1].

Looking at recent price action, SHIB reached a low of $0.0000116 on August 2 and has since rebounded. The token is currently trading above the daily 50-period simple moving average (SMA) at $0.00001272, suggesting a potential upward trajectory. The next critical resistance level is the daily 200-period SMA at $0.00001371, which could serve as a key benchmark for further price validation [1].

The bulls and bears indicator, which measures the net balance of large buy and sell orders, provides a real-time gauge of market sentiment. A higher imbalance in favor of bulls signals that more significant buyers are entering the market compared to sellers, potentially setting the stage for continued price appreciation [1].

Collectively, these factors point to a favorable environment for SHIB. While the market remains volatile, the combination of technical indicators and sentiment metrics suggests that SHIB may continue to attract investor attention in the near term. However, it is essential for investors to remain cautious and consider broader market dynamics that may influence the token’s performance [1].

Source: [1] Shiba Inu (SHIB) Shows 114% Bull-Bear Imbalance, Suggesting Potential Price Confidence Amid Market Recovery August 8, 2025 (https://en.coinotag.com/shiba-inu-shib-shows-114-bull-bear-imbalance-suggesting-potential-price-confidence-amid-market-recovery/)