SHIB Flash Crash Drops 10% After Resistance Rejection
Shiba Inu (SHIB)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Shiba Inu (SHIB) suffered a flash crash, losing about 10% of its local peak after a brief surge above $0.00000620. The asset reversed abruptly and returned to $0.0000056 following its most recent attempt to overcome persistent resistance. This decline raises questions about whether the move can disrupt the ongoing uptrend. The price action occurred after SHIB's final push against the resistance level.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio data shows SHIB trading at $0.000005640, with a 1-hour buy ratio of 57.6% and a 4-hour buy ratio of 54.0%, indicating that buying pressure is currently building in the short term. This contrasts with the 24-hour buy ratio of 48.9%, suggesting that the recent buying surge is a temporary shift rather than a sustained trend. The 1-hour volume delta is positive at +$35,986, while the 4-hour delta is +$75,004, showing immediate net inflows. However, the 24-hour volume delta is -$246,265, indicating that net outflows have dominated the day overall. The CVD for the 24-hour close is -$37,536, confirming that selling pressure has outweighed buying pressure over the full day despite the recent intraday recovery.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, SHIB saw a 7-day average buy ratio of 50.1%, with the latest day showing a buy ratio 1.2 points lower than the average. Volume was 1.46x the average, indicating significantly higher trading activity than usual. The coin experienced a price change of +13.0% over 8 days, with a total volume delta of +$655,675. While the recent 24-hour period saw net selling, the weekly trend remains positive with 4 out of 7 days showing net buying. This suggests that the current day is an unusual deviation from the weekly norm, characterized by higher volume but lower relative buying pressure.