- Shiba Inu's burn rate surged by 3900%, reflecting strong community support.

- The bearish trend in major cryptocurrencies has impacted the price action of Shiba Inu.

- SHIB has experienced a significant price correction over the past 24 hours, with the price down 5.29% and currently trading at $0.00002405.

- Despite the recent decline, the circulating supply of Shiba Inu remains stable at 589 trillion SHIB.

- The overall cryptocurrency market fell 9% over the past week.

- Shiba Inu’s burn rate surged 3900% in the past 24 hours, removing 4.03 million SHIB from circulation.

- Technical indicators show that SHIB is currently in a consolidation phase and momentum is neutral.

- SHIB currently faces significant resistance at $0.000025, a breach of which could lead to a price increase to $0.000028 or even $0.00003.

- If bearish pressure increases, SHIB could drop to $0.000023 or lower.

- Daily technical indicators show that SHIB is momentum neutral, with an RSI of 45.

In this way, I think there may still be a little pressure in a short period of time $SHIB