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SHIB's current market trend has shown a significant bearish candlestick, and there has not yet been a rebound signal in the short term. From a technical indicator perspective, the MACD has formed a death cross, indicating that downward momentum is dominating, and the market trading volume has significantly shrunk, further increasing the difficulty of a short-term rebound. Meanwhile, the upper band of the Bollinger Bands has not been broken, meaning the current technical resistance level remains strong.
From the overall market sentiment, investor sentiment tends to be cautious, and there may continue to be consolidation in the short term, with further downside risk. The performance of key support levels will become a barometer for subsequent trends.
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