Why is SHIB more resilient than BTC during the market sell-off?

Question

【Crypto World】 Recently, this wave of market decline has produced an interesting phenomenon — Shiba Inu (SHIB) has shown better resilience compared to Bitcoin. The K-line structure of Bitcoin has been directly broken, and after a large volume sell-off, it can now only barely hold on to the $90,000 support level. In contrast, SHIB has not experienced a chain reaction of selling.

Analyzing the situation, where is the problem? The pressure on Bitcoin is actually greater — inflows from institutions and various ETFs make it a barometer of market sentiment, and risk-averse attitudes tend to lead to sell-offs. SHIB’s situation is somewhat different; its leverage levels are not high to begin with, and the price is currently stable near the demand zone, showing a stronger ability to resist falling.

This also reflects a reality: although Bitcoin remains the market’s main player, it is actually quite fragile in the face of volatility. SHIB, by passing through this wave of decline at a relatively low cost, may not prove it is stronger, but it has indeed demonstrated relative stability.

GasFeeCrybaby · Accepted Answer

Shib this time is really amazing, it’s actually more resilient than BTC. How can this be?

GasDevourer · Answer

Wow, can SHIB hold up this time? It seems that smaller coins don't have as many people dumping their holdings.

CounterIndicator · Answer

Haha, SHIB surprisingly outperformed BTC in resisting declines. What does this mean? It just shows that retail investors' holdings are more resilient than institutional ones. Truly unbelievable.

BagHolderTillRetire · Answer

Haha, SHIB this time is indeed a bit interesting. But I still think this is just a low-probability event. When the next wave of dumping comes, it will still be hard to resist.

The main reason SHIB can stay stable is that no one cares; retail investors have all left. On the other hand, BTC is being watched every day, and whenever institutions move, the market explodes.

Shiba Inu's resistance to decline = no one is playing with it. I really can't believe this logic.

To put it simply, Bitcoin is now the market barometer. Being cut down is normal. If SHIB also gets targeted by institutions, it will end up the same way.

Without comparison, there's no harm. Let's talk about this again when SHIB is also listed on a spot ETF.

Surviving this round of market conditions is already good. Don't expect a short-term turnaround.

FlashLoanPrince · Answer

Wow, I didn't expect SHIB to have such strong resistance to decline. Is Bitcoin actually more fragile?

DEXRobinHood · Answer

Wow, SHIB is actually more resilient than BTC this time? Institutional dumping really cracked the pancake.

Why is SHIB more resilient than BTC during the market sell-off?

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