Polygon's MATIC Token Faces Downward Pressure: Is Zero on the Horizon?

Polygon 的 MATIC 代幣面臨下行壓力：零即將到來嗎？

Polygon's MATIC token has been experiencing a persistent downtrend, mirroring the struggles faced by many utility-focused blockchain projects in the current market climate. Since reaching its 2024 yearly high of approximately $1.2 in March, MATIC has shed over 50% of its value.

Polygon 的 MATIC 代幣一直在經歷持續的下跌趨勢，反映了許多以公用事業為中心的區塊鏈專案在當前市場環境下面臨的困境。自 3 月達到約 1.2 美元的 2024 年年度高點以來，MATIC 的價值已縮水超過 50%。

The severity of MATIC's decline was reflected when the meme coin PEPE briefly surpassed Polygon in market capitalization last month. This incident shows the challenges faced by established utility tokens in maintaining their market position.

MATIC 下跌的嚴重程度在上個月 meme 幣 PEPE 的市值短暫超過 Polygon 時就得到了體現。這一事件表明，成熟的實用型代幣在維持其市場地位方面面臨挑戰。

Ethereum ETFs: A Potential Lifeline?

以太幣 ETF：潛在的生命線？

Despite the gloomy outlook, there is a glimmer of hope on the horizon. The imminent launch of Ethereum ETFs could potentially benefit the entire Ethereum ecosystem, including Polygon, which is closely integrated with the Ethereum network. This development might inject fresh interest and capital into MATIC and related projects.

儘管前景黯淡，但仍有一線希望。即將推出的以太坊 ETF 可能有利於整個以太坊生態系統，包括與以太坊網路緊密結合的 Polygon。這項發展可能為 MATIC 及相關項目注入新的興趣和資本。

Price Analysis and Future Outlook

價格分析及未來展望

Recent price action shows MATIC struggling to find stable ground. After a period of consolidation between April 12 and June 11, the price experienced another breakdown, triggering a 17% dip. The token appeared to reach a local bottom around $0.515, with subsequent signs of a potential retracement.

最近的價格走勢表明 MATIC 正在努力尋找穩定的基礎。經過4月12日至6月11日的盤整期後，價格再次崩潰，引發17%的下跌。該代幣似乎達到了 0.515 美元附近的局部底部，隨後出現了潛在回調的跡象。

Also Read: Fresh Updates on Ripple vs SEC Case – XRP Price Rally Coming?

另請閱讀：Ripple 與 SEC 案例的最新更新 – XRP 價格上漲即將到來？

Short-term projections suggest a possible bullish move towards $0.62. However, given the prevailing bearish sentiment, MATIC may face significant challenges in establishing a bullish trend.

短期預測顯示可能看漲至 0.62 美元。然而，鑑於普遍的看跌情緒，MATIC 在建立看漲趨勢方面可能面臨重大挑戰。

Conversely, if the current retracement fails to gain traction, we could see MATIC resume its downward trajectory.

相反，如果當前的回調未能獲得牽引力，我們可能會看到 MATIC 恢復其下行軌跡。

Is MATIC Heading to Zero?

MATIC 正在走向歸零嗎？

While MATIC's recent performance has been disappointing, it's crucial to maintain perspective. The token's integration within the Ethereum ecosystem and Polygon's continued development efforts suggest that a complete collapse to zero is unlikely.

儘管 MATIC 最近的表現令人失望，但保持前瞻性至關重要。該代幣在以太坊生態系統中的整合以及 Polygon 的持續開發工作表明，完全崩潰到零的可能性不大。

The coming months will be critical for MATIC. The launch of Ethereum ETFs, broader market trends, and Polygon's ability to deliver on its technological promises will all play crucial roles in determining the token's future trajectory.

未來幾個月對於 MATIC 來說至關重要。以太坊 ETF 的推出、更廣泛的市場趨勢以及 Polygon 兌現其技術承諾的能力都將在決定該代幣的未來軌跡方面發揮至關重要的作用。