$SHIB sees exchange inflows surge as price compresses inside a shallow ascending channel 📈
On-chain flow data shows more than 184 billion SHIB moved onto exchanges during a brief spike in participation, with the 7-day inflow average also moving higher and exchange reserves edging up. Net flow remains positive, which means inflows are still outpacing outflows. On the chart, SHIB is attempting to stabilize inside a modest ascending channel after a prolonged downtrend, but the 100 and 200 EMA continue to slope lower, leaving overhead supply intact until spot demand can expand materially.
This is the kind of tape retail often reads too simplistically. Rising exchange balances alongside relatively steady price action usually point to inventory repositioning ahead of volatility, not a clean directional commitment. The more important issue is liquidity location: larger holders appear to be using exchange rails to prepare for active trading, hedging, or distribution into strength, while the market is compressing beneath declining higher-timeframe averages. That is not a bullish trend confirmation. It is a liquidity-building phase where sharp expansion can follow either a successful absorption of supply or a fast rejection back toward support. In my view, the market is not waiting to stay calm; it is waiting to resolve imbalance.
Not financial advice. For informational purposes only. Crypto markets are volatile and subject to rapid, material losses.
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