SHIBA INU - Higher Than Last Time! Important Weekend Updates!

Added: 2026-05-26

[00:00:00]I hope everybody is having a great Memorial Day weekend so far. I'm a little bit behind on my my video releases today. I had to do some running around, spending time with the family, of course, that's very important. I actually took the kids on a bit of a road trip, but there is a an important update that I need to give in terms of Shib Inu because the last time we saw these levels, price was actually lower, which I think is a very important point in this this really plays into how strong the fundamentals are. There's a few updates in terms of news that that's giving the market a little bit more red here as the day has progressed, which I do want to talk about in this video.

[00:00:32]We'll discuss all that and more. So again, if you're new or haven't already, make sure you like, comment, subscribe, show your support for the channel down below. But obviously so far today, it's very quiet. There's not a whole lot going on. Trading volume is down to about 65 billion over the last 24 hours.

[00:00:46]So again, we entered the weekend kind of in in a modest volume note, and it's been dropping as we went from yesterday into today, which isn't really surprising cuz obviously the market got a little bit excited yesterday on some of the news that was being released that the US was again going from possible escalations to what sounded like de-escalations, right? And we're still at this point where it's likely de-escalation is the the note, but there's been a few releases here, a few updates that I want to get to in just a moment. But what we're seeing for Shib Inu is we did actually climb back. We closed closed yesterday on a green note.

[00:01:19]That was awesome.

[00:01:20]Kind of an indecisive candle though. And of course, today we're seeing some red, down 1.67%.

[00:01:26]You guys can see that it's kind of a mixed bag around the crypto market. The market doesn't really know what it wants to do yet. BTC floating around break even, still not making a quite a decisive move at this 50-day moving average. It rebounded to it. It's now it's trying to decide, "Hey, you know, do I do I get back above this and try to extend up? Was this a one-off day?" Or, you know, is this the the confirmation of a a further decline, further retest, right? And we may not have that move until tomorrow, which is obviously our new weekly open, or possibly even Tuesday because again, this is a long holiday weekend. Tomorrow's Memorial Day. I hope everybody has some fun plans. I know I'm going to be doing a little bit of golfing earlier on in the day, then grilling out with the family later. So, let me know what you guys' plans are down below. And we're also seeing BTC diamonds here just kind of hang around an indecisive range. So, indecisiveness is kind of the the story of the market right now. And we're really just getting strung around by this news. Now, for those that missed the news here entering the weekend, obviously there was this this big uncertainty surrounding possible escalations between the US and Iran.

[00:02:29]That seems like all we're talking about as of late, but it truly is the thing that's moving the market around, that's causing liquidations in the space. So, it came out yesterday. The reason why we rallied back is it sounded like the US and Iran were getting very close to a deal. Now, overnight, we got some more developments, and that was that the US was still saying a deal was close, would be be announced very shortly. Iran was saying, "Nope, we're not there yet.

[00:02:55]Nothing's happening. The US is, you know, Donald Trump is just saying these things." Pakistan came out as the mediator, and they said, "No progress is being made in terms of negotiations, so there's there's a lot of conflicting news that that is coming out as of late. Now, there was a little bit of change of tune today. So, the White House no longer expects an agreement with Iran to be announced today, and thinks it could take several more days for the deal to be approved. This is per Axios, which has been sometimes good, sometimes bad sometimes is right? Yesterday, President Trump said a solid deal announcement was coming shortly. US officials are optimistic, but say but say the deal could still fall apart.

[00:03:33]Here's something else from Iran, some other news from Iran. They warned the US-Iran agreement will be completely canceled due to ongoing US obstruction on clauses, including the release of Iran's 100 billion of frozen assets, with the US now trying to link them to nuclear concessions, which Iran rejects.

[00:03:49]White House is now backing away from yesterday's largely negotiated claim, conceding the deal could still fall apart. Trump himself walked back urgency on true social from yesterday's deal coming shortly to now stating time is on our side, basically saying they could wait out Iran. And saying the blockade will remain in full force, which Iran also says needs to be lifted in order to sign any agreement. So just back and forth, back and forth. If you're a big ping pong fan or tennis fan or pickle ball fan, rather, that that's what we're doing in. These are just a bunch of bunch of balling going on right now, if you will. Now, here's the thing. US second secretary of state Marco Rubio says Iran nuclear deal can't can't be done in in 72 hours on the back of a napkin. So again, there are a lot of intricacies when it comes to this. There's a lot of concessions that that each side wants the other to make that right now they're just unwilling to do. So we're in a time of volatility. We're in a time of uncertainty certainty uncertainty certainty, right? And the the traders right now are loving it. So what I will say is don't get swept up in the short-term movements. This is why I keep saying every time we get good news, hey, things could go the opposite direction. Every time we get news of escalations like I warned about heading into the weekend, I said, "Would you be surprised if there was good news? Would you be surprised if there was talks of negotiations going on over the course of the weekend?" None of these things are really surprising right now. So this is basically just a waiting game, and that's all we have to do is simply just wait. And speaking of waiting game, it seems like that's what Shiba Inu has been for a while here. If we look at the trend, they're pretty much sideways for the past several months, basically since the the start of February.

[00:05:27]But here's the thing is when we look at this dip back here in March. This really speaks a lot to me because this was multi-day. This wasn't a wick down. This was obviously in a big time of uncertainty yet again. Right here is obviously where the US Iran war began.

[00:05:40]That hit our recent lows. We're still above there right now, and and I thought this was a good reference point because looking at where Shiba Inu supply is at right now on exchanges, you guys can see we're at about 80 trillion 585,000.

[00:05:53]That is a low level. It's near all-time lows. And the last time we actually saw exchange supply this low was during this dip back here in March. So, we're actually seeing a similar level of supply on exchanges, but actually a higher price. And I think that that speaks volumes. And why that is is again, you have seen new all-time highs in terms of holders being hit. We saw a new all-time high again yesterday.

[00:06:18]Today, we're down just ever so slightly. Um but you're seeing these new people that are coming in that are accumulating Shiba Inu seem to be very convicted. They're not wishy-washy.

[00:06:28]They're planning for the long term.

[00:06:30]They're buying and and hoarding exchange supply, which is a very good sign. Now, is that the end all be all? No. Doesn't mean that we're going to instantly get a boom that that sends Shib on a, you know, 10x run? No, it doesn't mean that either. We're still in times of uncertainty. You still need a ton of new people coming into the crypto space. You need capital confident enough to move into assets. The biggest thing we're lacking right now is demand.

[00:06:54]And demand will come over time, but again, you need those other things to take place first. Yes, it can happen rapidly. Uh is it going to happen while we have all this stuff going on?

[00:07:03]Probably not. So, but that's what I wanted to share with you guys. Shib continues to take steps forward even if the short-term price isn't what you want, if it isn't moving it at the the speed uh that you want either. But, that's where we're at. I appreciate you guys. I hope you guys have a a great rest of your weekend or a great rest of your Sunday. I'll catch you guys in the next one. Take care.