{"id":164196,"date":"2026-05-12T06:00:00","date_gmt":"2026-05-12T06:00:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=164196"},"modified":"2026-05-12T06:00:00","modified_gmt":"2026-05-12T06:00:00","slug":"shiba-inu-bullish-momentum-explodes-as-buying-pressure-intensifies","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=164196","title":{"rendered":"Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies"},"content":{"rendered":"

Trader sentiment in Shiba Inu derivatives market has done a complete 180 over the past week. Net positions \u2014 which sat at around -200 million just days ago, reflecting a market tilted toward short bets \u2014 have swung to more than +400 million in net longs as of May 11. That kind of shift in a short window is not common.<\/p>\n

From Short To Long: A Full Reversal<\/h2>\n

The turnaround began around May 6, when net positions started climbing out of negative territory. By May 9, the indicator had crossed into positive ground, and it kept climbing.<\/p>\n

According to market watcher CW, buying pressure has grown sharply and is now dominating the market. \u201cThe upward momentum<\/a> of $SHIB is increasing explosively,\u201d he said.<\/p>\n

The upward momentum of $SHIB<\/a> is increasing explosively.<\/p>\n

Upward pressure is very strong. pic.twitter.com\/krXs9zhcM7<\/a><\/p>\n

\u2014 CW (@CW8900) May 10, 2026<\/a><\/p>\n

That momentum shows up clearly on the price chart. SHIB<\/a> has been rising steadily from the $0.00000615 range, forming a pattern of higher lows and higher highs since May 10 \u2014 a sign that buyers have held control without the market getting sloppy or erratic. The price reached above $0.00000660 by May 11, a gain of roughly 6.50% over the past week.<\/p>\n

Open Interest Climbs Past 6 Billion<\/h2>\n

The derivatives market is also pulling in fresh participants. Open Interest<\/a> \u2014 which tracks the total value of outstanding contracts \u2014 rose from just above 5 billion on May 5 to over 6 billion at the time of reporting. That increase suggests traders are opening new positions rather than simply closing old ones.<\/p>\n

When prices rise alongside growing Open Interest, it typically points to sustained demand rather than a technical bounce driven by short sellers getting squeezed out. Reports indicate that this combination is what analysts often look for when assessing whether a rally has legs.<\/p>\n

Leverage Cuts Both Ways<\/p>\n

Still, the same buildup that has driven prices higher carries risk. With Open Interest elevated and long positions stacked up, a slowdown in price movement could set off a chain of forced liquidations. If SHIB struggles to push higher while leverage stays elevated, a quick drop becomes more likely \u2014 even if the broader direction has not changed.<\/p>\n

For the upside to continue, reports say SHIB needs to hold above the $0.00000665 to $0.00000670 range. That zone now acts as a key level. If buyers defend it, the next leg higher remains on the table. If they don\u2019t, the market may correct sharply before finding its footing again.<\/p>\n

Featured image from Anne Arundel County Government<\/em>, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Trader sentiment in Shiba Inu derivatives market has done a complete 180 over the past week. Net positions \u2014 which sat at around -200 million just days ago, reflecting a market tilted toward short bets \u2014 have swung to more than +400 million in net longs as of May 11. That kind of shift in […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-164196","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/164196"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=164196"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/164196\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=164196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=164196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=164196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}