A popular analyst has shared an optimistic update with the Shiba Inu community, noting that buyers are gradually returning to SHIB.
The bullish expectations many had for November 2025 largely went unmet, as crypto holders suffered significant losses that are only just beginning to ease. Shiba Inu also bore a notable share of the November crypto bloodbath.
Its price plunged from above $0.00001 to a low of $0.0000067 as many holders moved into stablecoins to limit further losses, while potential buyers stayed on the sidelines.
Bulls Are Returning
Now that the market has stabilized, community analyst Shib Knight highlighted a shift in momentum and stressed that bulls are returning to SHIB.
His commentary comes alongside a chart that highlights Shiba Inu’s improving price action and tightening market structure — signals Knight believes could set the tone for a bullish week.
Notably, the accompanying SHIB/USDT chart shows the token trading at $0.00000870, reflecting a 1.28% intraday gain at the time of the snapshot. The closeness of the sell level at $0.00000871 and the buy level at $0.00000872 signals reduced volatility and a tightening trading range.
Moreover, the chart shows that SHIB has been steadily forming higher lows since dipping below $0.000007, a classic sign of bullish momentum building. The price action is trending sideways with periodic upward pushes, suggesting ongoing accumulation or renewed buying pressure.
Shiba Inu Next Move Could Be Exciting
Amid this, the analyst noted that SHIB’s tightening structure signals an early shift in market momentum. With bulls beginning to reassert themselves, Knight believes that Shiba Inu’s next move could be exciting for the community.
At press time, SHIB is up 1.3% over the past 24 hours and 6.83% over the past week. SHIB’s brief upside aligns with a broader relief rally across the crypto market, which has produced modest gains for major assets like Bitcoin and Ethereum.
SHIB Performance in December
Meanwhile, after a month of steady declines in November, investors are now turning their attention to December and looking ahead to what it may bring for SHIB.
Data from CryptoRank shows that December has historically been bearish for Shiba Inu, with the asset dropping 29.5%, 13.5%, and 21% in 2021, 2022, and 2024, respectively.
The only exception came in December 2023, when SHIB posted a 24.6% gain. Overall, Shiba Inu shows an average December performance of –9.84% and a median loss of 17.2%.
Despite this bearish history, SHIB’s performance this year remains uncertain, as past trends do not guarantee future outcomes.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
