{"id":627167,"date":"2024-07-01T17:30:30","date_gmt":"2024-07-01T17:30:30","guid":{"rendered":"https:\/\/ktsl888.com\/?p=627167"},"modified":"2024-07-01T14:27:42","modified_gmt":"2024-07-01T14:27:42","slug":"shiba-inu-underbought-bitcoin-overbought-santiment","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/","title":{"rendered":"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment"},"content":{"rendered":"

According to this metric, the on-chain analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin is overbought.<\/p>\n

MVRV Z-Score Suggests Shiba Inu Has Been Undervalued Recently<\/h2>\n

In a new post<\/a> on X, Santiment has discussed how some of the top cryptocurrencies are looking like right now on their MVRV Z-Score. The “Market Value to Realized Value<\/a>” (MVRV) refers to a popular on-chain indicator that keeps track of the ratio between the market cap and realized cap for any given asset.<\/p>\n

The realized cap<\/a> here is a capitalization model that calculates the total valuation of the cryptocurrency by assuming that the ‘real’ value of any token in circulation is equal to the price at which said coin was last transacted on the blockchain.<\/p>\n

Related Reading: Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO<\/a><\/div>\n

As the previous transaction of any coin was the last time it changed hands, the price at its time would denote its cost basis. Thus, the realized cap is a sum of the cost basis of all tokens in the circulating supply.<\/p>\n

Put another way, this model measures the total capital the investors used to purchase the asset’s supply. The market cap, in contrast, keeps track of the value these investors hold. As such, the MVRV, which compares these two metrics, tells us about the profit\/loss situation of the investors as a whole.<\/p>\n

In the context of the current topic, the actual metric of interest is the “MVRV Z-score.” This indicator takes the difference between the market cap and the realized cap and divides it by the standard deviation of the market cap over the asset’s entire history.<\/p>\n

Now, here is the chart shared by Santiment that shows the trend in this indicator for various coins in the sector:<\/p>\n

\"Shiba
Looks like Shiba Inu and Uniswap are in the underbought territory right now | Source: Santiment on X<\/a><\/figcaption><\/figure>\n

Based on the MVRV Z-Score, Santiment has defined three zones that relate to how far from its fair value the asset is. The chart shows that Shiba Inu (SHIB) and Uniswap (UNI) have had the indicator at -1.55 and -1.96 recently, putting these assets inside the ‘underbought’ territory.<\/p>\n

At these MVRV Z-Score values, the market cap is significantly lesser than the realized cap, meaning investors are widely lost. Generally, profit holders<\/a> are a more likely source of selling pressure in the market, so when there are few of them left, price corrections can become less probable.<\/p>\n

Related Reading: Retail Losing Interest In Bitcoin? Volume Plunges 30%<\/a><\/div>\n

This is why assets are considered undervalued when the indicator drops below the -1 level for them. Due to a similar reasoning, values above 1 correlate to the coin being overvalued.<\/p>\n

Bitcoin (BTC), Ethereum (ETH), and Toncoin (TON) have recently been inside this latter territory, suggesting that their prices could be in danger of seeing bearish action. Shiba Inu and Uniswap, on the other hand, could be better set up for a price surge.<\/p>\n

SHIB Price<\/h2>\n

At the time of writing, Shiba Inu is trading around $0.0000171, up 2% over the past week.<\/p>\n

\"Shiba
The price of Shiba Inu appears to have been facing bearish action recently | Source: SHIBUSD on TradingView<\/a><\/figcaption><\/figure>\n
Featured image from Shutterstock.com, Santiment.net, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

According to this metric, the on-chain analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin is overbought. MVRV Z-Score Suggests Shiba Inu Has Been Undervalued Recently In a new post on X, Santiment has discussed how some of the top cryptocurrencies are looking like right now on their MVRV Z-Score. The “Market Value to Realized Value” (MVRV) refers to a popular on-chain indicator that keeps track of the ratio between the market cap and realized cap for any given asset. The realized cap here is a capitalization model that calculates the total valuation of the cryptocurrency by assuming that the ‘real’ value of any token in circulation is equal to the price at which said coin was last transacted on the blockchain. Related Reading: Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO As the previous transaction of any coin was the last time it changed hands, the price at its time would denote its cost basis. Thus, the realized cap is a sum of the cost basis of all tokens in the circulating supply. Put another way, this model measures the total capital the investors used to purchase the asset’s supply. The market cap, in contrast, keeps track of the value these investors hold. As such, the MVRV, which compares these two metrics, tells us about the profit\/loss situation of the investors as a whole. In the context of the current topic, the actual metric of interest is the “MVRV Z-score.” This indicator takes the difference between the market cap and the realized cap and divides it by the standard deviation of the market cap over the asset’s entire history. Now, here is the chart shared by Santiment that shows the trend in this indicator for various coins in the sector: Based on the MVRV Z-Score, Santiment has defined three zones that relate to how far from its fair value the asset is. The chart shows that Shiba Inu (SHIB) and Uniswap (UNI) have had the indicator at -1.55 and -1.96 recently, putting these assets inside the ‘underbought’ territory. At these MVRV Z-Score values, the market cap is significantly lesser than the realized cap, meaning investors are widely lost. Generally, profit holders are a more likely source of selling pressure in the market, so when there are few of them left, price corrections can become less probable. Related Reading: Retail Losing Interest In Bitcoin? Volume Plunges 30% This is why assets are considered undervalued when the indicator drops below the -1 level for them. Due to a similar reasoning, values above 1 correlate to the coin being overvalued. Bitcoin (BTC), Ethereum (ETH), and Toncoin (TON) have recently been inside this latter territory, suggesting that their prices could be in danger of seeing bearish action. Shiba Inu and Uniswap, on the other hand, could be better set up for a price surge. SHIB Price At the time of writing, Shiba Inu is trading around $0.0000171, up 2% over the past week. Featured image from Shutterstock.com, Santiment.net, chart from TradingView.com<\/p>\n","protected":false},"author":542,"featured_media":627206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83740],"tags":[461,84723,87455,57231,83668,83667,87764,92677,92676,84562],"class_list":["post-627167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-bitcoin-bearish","tag-bitcoin-mvrv","tag-bitcoin-overbought","tag-santiment","tag-shib","tag-shiba-inu","tag-shiba-inu-bullish","tag-shiba-inu-mvrv","tag-shiba-inu-underbought","tag-shibusd"],"acf":[],"yoast_head":"\nShiba Inu 'Underbought,' While Bitcoin 'Overbought' Recently: Santiment<\/title>\n<meta name=\"description\" content=\"The analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin overbought, according to this metric.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu 'Underbought,' While Bitcoin 'Overbought' Recently: Santiment\" \/>\n<meta property=\"og:description\" content=\"The analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin overbought, according to this metric.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-01T17:30:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-01T14:27:42+00:00\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment\",\"datePublished\":\"2024-07-01T17:30:30+00:00\",\"dateModified\":\"2024-07-01T14:27:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\"},\"wordCount\":559,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087\",\"keywords\":[\"bitcoin bearish\",\"Bitcoin MVRV\",\"Bitcoin Overbought\",\"Santiment\",\"SHIB\",\"Shiba Inu\",\"Shiba Inu Bullish\",\"Shiba Inu MVRV\",\"Shiba Inu Underbought\",\"SHIBUSD\"],\"articleSection\":[\"Shiba Inu\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\",\"url\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\",\"name\":\"Shiba Inu 'Underbought,' While Bitcoin 'Overbought' Recently: Santiment\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087\",\"datePublished\":\"2024-07-01T17:30:30+00:00\",\"dateModified\":\"2024-07-01T14:27:42+00:00\",\"description\":\"The analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin overbought, according to this metric.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087\",\"width\":5471,\"height\":3087,\"caption\":\"Shiba Inu\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/ktsl888.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Shiba Inu 'Underbought,' While Bitcoin 'Overbought' Recently: Santiment","description":"The analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin overbought, according to this metric.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/","og_locale":"en_US","og_type":"article","og_title":"Shiba Inu 'Underbought,' While Bitcoin 'Overbought' Recently: Santiment","og_description":"The analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin overbought, according to this metric.","og_url":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-07-01T17:30:30+00:00","article_modified_time":"2024-07-01T14:27:42+00:00","author":"Keshav Verma","twitter_card":"summary_large_image","twitter_image":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment","datePublished":"2024-07-01T17:30:30+00:00","dateModified":"2024-07-01T14:27:42+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/"},"wordCount":559,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087","keywords":["bitcoin bearish","Bitcoin MVRV","Bitcoin Overbought","Santiment","SHIB","Shiba Inu","Shiba Inu Bullish","Shiba Inu MVRV","Shiba Inu Underbought","SHIBUSD"],"articleSection":["Shiba Inu"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/","url":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/","name":"Shiba Inu 'Underbought,' While Bitcoin 'Overbought' Recently: Santiment","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087","datePublished":"2024-07-01T17:30:30+00:00","dateModified":"2024-07-01T14:27:42+00:00","description":"The analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin overbought, according to this metric.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087","width":5471,"height":3087,"caption":"Shiba Inu"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/ktsl888.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment","url":"http:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/shiba-inu\/shiba-inu-underbought-bitcoin-overbought-santiment\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087"},"articleSection":"Shiba Inu","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin bearish","bitcoin mvrv","bitcoin overbought","santiment","shib","shiba inu","shiba inu bullish","shiba inu mvrv","shiba inu underbought","shibusd"],"dateCreated":"2024-07-01T17:30:30Z","datePublished":"2024-07-01T17:30:30Z","dateModified":"2024-07-01T17:30:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/shiba-inu\\\/shiba-inu-underbought-bitcoin-overbought-santiment\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/shiba-inu\\\/shiba-inu-underbought-bitcoin-overbought-santiment\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/shutterstock_2115844940.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/shutterstock_2115844940.jpg?fit=5471%2C3087\"},\"articleSection\":\"Shiba Inu\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin bearish\",\"bitcoin mvrv\",\"bitcoin overbought\",\"santiment\",\"shib\",\"shiba inu\",\"shiba inu bullish\",\"shiba inu mvrv\",\"shiba inu underbought\",\"shibusd\"],\"dateCreated\":\"2024-07-01T17:30:30Z\",\"datePublished\":\"2024-07-01T17:30:30Z\",\"dateModified\":\"2024-07-01T17:30:30Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/shutterstock_2115844940.jpg?fit=5471%2C3087","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/627167"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=627167"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/627167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/627206"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=627167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=627167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=627167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}