Compass Investments Shiba Inu’s bear run can continue for another 7 months

📌 Shiba Inu’s bear run can continue for another 7 months – Here’s why – The percent supply in profit metric tracks the percentage of the Shiba Inu circulating supply in profit. It reached lows in February that had not been seen since 2021.

$\\n \\n$SHIB, #ShibaInu’s bear run could extend ~7 months. The percent supply-in-profit metric — tracking the share of #SHIB circulating supply in profit — hit February lows not seen since 2021. Low on-chain activity, rising exchange inflows and macro headwinds boost downside risk. Shib$

$SHIB, #ShibaInu’s bear run could extend ~7 months. The percent supply-in-profit metric — tracking the share of #SHIB circulating supply in profit — hit February lows not seen since 2021. Low on-chain activity, rising exchange inflows and macro headwinds boost downside risk.

#Macro Insights# #OnChain