SHIB burn surges, shorts are being bitten back! Market concentration signals suggest a strong rebound is imminent!
Recently, the SHIB burn volume has skyrocketed, and the circulating supply has dropped to 589.26 trillion, with on-chain data showing strong supply and demand changes. However, at the same time, a large number of shorts have increased their bets on SHIB's decline, leading to highly divided market sentiment.
The burn mechanism is gradually consuming the circulating supply, and changes in the supply-demand model suggest that SHIB's price may soon welcome a strong rebound. The complex on-chain dynamics and the positioning of major funds are quietly accumulating momentum for the next wave of increases.
This is not just a game of burn quantity, but also the concentration of market chips and the positioning of major funds, which have become the key fuse for price breakthroughs.
Follow Mr. Lin, and together we will deeply interpret the market mysteries behind SHIB to seize this potential rebound opportunity!
