Why is SHIB falling?

I've been closely watching the cryptocurrency market, and I've noticed that SHIB has been experiencing a significant decline in value. Could you please explain what might be causing this? I'm particularly interested in understanding the factors that might be driving this downward trend. Is it due to market sentiment? Or are there any specific events or announcements that might be affecting its price? I'm also curious about whether this decline is temporary or if it's indicative of a longer-term trend. As a professional in this field, your insights would be greatly appreciated.