Shiba Inu (SHIB) Enters Its Worst Month: What Price History Says Happens Next
Shiba Inu (SHIB) never closed June in green, but will 2025 break price history curse?[...]
Shiba Inu's Persistent June Slump: A Deeper Look
As June 2025 begins, Shiba Inu (SHIB) faces its recurring challenge—a historical pattern of underperformance during this month. Regardless of broader market trends, whether bullish or bearish, June has consistently delivered negative returns for this meme coin since its launch.
A Consistent Downward Trend
The numbers tell a clear story. In June 2024, SHIB plummeted by 32.3%, while 2023 and 2022 saw declines of 11.5% and 12%, respectively. Even during SHIB's breakout year in 2021, June still closed with a 4.75% loss. This pattern extends to quarterly performance, with Q2 often bringing significant corrections—particularly in 2022 and 2024.
Current Market Conditions
Entering June 2025, SHIB is already down over 40% for Q1. The first five months of the year have been mostly negative, with only April showing a modest 6.92% gain. May was particularly weak, closing down 3.17%, and SHIB opened June trading around $0.00001264—already down 1.33% on the first day.
Technical Outlook
The charts don’t inspire much confidence. After failing to sustain momentum above $0.00001698 in late April, SHIB has trended downward, with weak bounces around $0.00001250. The next support level sits at $0.00001107, while resistance remains distant at $0.00001698—leaving bulls with a steep climb ahead.
What’s Behind the June Slump?
Whether this is mere coincidence or a deeper trend remains debatable, but the data is undeniable—SHIB has never had a positive June. This year’s setup doesn’t suggest a reversal. Whether due to mid-year risk-off sentiment or unfavorable seasonal alignment, June continues to be SHIB’s recurring hurdle.
While past performance doesn’t dictate future results, SHIB investors may want to remain cautious and monitor key support levels—June has yet to show this token any mercy.