Recently, Shiba Inu experienced a significant price increase, climbing by 18%. This rapid ascent drew attention from market participants and analysts alike.

Despite the bullish momentum, experts in the field advise caution, hinting that Shiba Inu's current market position might be overheated.

Such swift price movements often lead to concerns about potential pullbacks, a common market response when traders decide to realize profits.

The Shiba Inu community remains optimistic, but remains vigilant for any signs of market consolidation.