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Shiba Inu traders exit positions amid price pressure and low liquidity, risking $0 liquidation.

Market News
02 May 2026
UToday
Bearish
pluang ai news

Shiba Inu (SHIB) faces selling pressure as traders close positions, with price hovering just above $0.0000062. The broader crypto market is mixed, influenced by the Federal Reserve's decision to hold interest rates steady. Liquidations in Shiba Inu are minimal, but open interest and trading volume in derivatives have dropped significantly, signaling risk aversion. Despite a recent four-day price rise, bearish sentiment persists, limiting SHIB's potential gains near key resistance levels.

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