Shiba Inu Price Prediction: OKX Long-Short Ratio Slides to 2.2 Before Jobs Data

Shiba Inu traded at around $0.00000461 on Friday morning, November 6, 2026, roughly €0.00000413. It is down 3.1 percent over 24 hours, in a range from $0.00000445 to $0.00000478. What the data shows: on the derivatives exchange OKX, the ratio of accounts holding long positions to those holding short positions in SHIB fell from 2.81 to 2.23 within three days, and the hourly reading dropped as low as 2.15 on Friday morning. Our assessment follows further down: the unwinding of the long overhang takes pressure off the market, but on its own it is not yet a reversal. The Shiba Inu price prediction for the coming days therefore hinges on two things, neither of which comes from the SHIB camp: how many traders are still betting on rising prices, and a date in Washington. At 14:30 German time (8:30 a.m. in Washington), the US Labor Department publishes the October jobs report. Bitcoin stood at around $76,160 in the morning, 5.2 percent below the previous day; in this environment, the meme token has held up better than the two largest cryptocurrencies. OKX long-short ratio: from 2.81 to 2.23 in three days The account long-short ratio counts how many accounts on an exchange are net long and divides that number by the accounts that are net short. A reading of 2.23 means that for every account with a short position in SHIB, there are 2.23 accounts with a long position. Position size plays no role: an account with a $50 stake counts as much as one with $50,000. The daily OKX readings point in a clear direction. On November 2 the ratio stood at 2.81, on November 3 at 2.38, on November 4 at 2.29 and on November 5 at 2.23. The hourly reading fell to 2.15 at 6 a.m. German time on Friday and was at 2.22 around 11 a.m. The last time the daily reading was this low was September 18, when it stood at 2.04. With meme coins, a high long share among retail traders is more of a burden than a good sign. When many small accounts bet on rising prices with leverage, a layer of stop-loss levels and liquidation prices builds up below the current price. If the price falls into that layer, forced selling amplifies the move. As the ratio falls, that layer thins out. Open interest at $6.7 million: who is switching sides Open interest is the total value of all outstanding futures contracts on an underlying asset. For the SHIB perpetual against Tether on OKX, it stood at around $6.7 million on Friday morning. The daily reading was $6.46 million on November 5 and $6.96 million on October 29. Total open positions have therefore barely shrunk, while the long share has fallen markedly.