The post Solana Displaying Weakness: MATIC Bulls Not Confident of Continued Upswing—What’s Next? appeared first on Coinpedia Fintech News
Solana 後表現疲軟:MATIC 多頭對持續上漲沒有信心——下一步是什麼?首先出現在 Coinpedia 金融科技新聞上
The crypto markets have gained massive attention in recent times as the prices of popular tokens have soared heavily. While the Bitcoin price continues to trade sideways, other altcoins have managed to rise notably. Besides, BTC dominance continues to drop, which suggests the altcoins could continue to maintain a healthy upswing ahead. However, the current market trend suggests the crypto market is letting out huge warnings, as listed below.
近年來,隨著流行代幣的價格大幅飆升,加密貨幣市場受到了廣泛關注。儘管比特幣價格繼續橫盤整理,但其他山寨幣卻顯著上漲。此外,比特幣的主導地位繼續下降,這表明山寨幣未來可能繼續保持健康的上漲勢頭。然而,當前的市場趨勢表明,加密貨幣市場正在發出巨大的警告,如下所示。
Different Memecoins are Gaining Attention
不同的 Memecoin 正在引起關注
Memecoins have been an interesting part of the crypto markets as they have displayed extreme volatility in a very short time frame. While the top memecoins like Dogecoin and Shiba Inu have chosen to trade with minimal attention, newly launched tokens like BONK displayed a monstrous rally, surpassing PEPE.
Memecoin 一直是加密貨幣市場的一個有趣的部分,因為它們在很短的時間內表現出極大的波動性。雖然狗狗幣和柴犬等頂級模因幣選擇以最低限度的關注度進行交易,但像 BONK 這樣新推出的代幣卻表現出了驚人的反彈,超過了 PEPE。
Therefore, it suggests the market participants have now become less patient in earning profits as they foresee massive gains in these tokens. Moreover, they tend to post ‘insane memecoin PNLs’ suggesting the newbies or the beginners are looking for quick gains more than sustained gains.
因此,這表明市場參與者現在在賺取利潤方面變得不那麼耐心,因為他們預見到這些代幣將獲得巨大收益。此外,他們傾向於發布“瘋狂的模因幣盈虧”,表明新手或初學者更尋求快速收益而不是持續收益。
Top Performer Solana Displays Weakness
表現最佳的 Solana 顯示出弱點
With a more than 1000% jump from the lows of around $9.97, the Solana price managed to mark new yearly highs above $126. This upswing attracted huge liquidity, with the market cap rising from below $300 million to over $50 billion. However, the price is facing significant bearish actions after marking the highs, which is a big matter of concern at the moment.
Solana 價格從 9.97 美元左右的低點上漲了 1000% 以上,創下了 126 美元以上的年度新高。這種上漲吸引了巨大的流動性,市值從不到 3 億美元上升到超過 500 億美元。然而,價格在觸及高點後面臨明顯的看跌行為,這是目前值得關注的大問題。
After recording consecutive bullish candles for nearly 6 days, the SOL price faced notable upward pressure, marking the lows close to $100. Although the price defended the support, the bulls are failing to rise above the pivotal resistance at $115. Therefore, the Solana bulls, who are displaying weakness at the moment, are flashing huge warnings for the markets.
在連續近 6 天出現看漲蠟燭後,SOL 價格面臨顯著的上行壓力,低點接近 100 美元。儘管價格守住了支撐位,但多頭未能突破 115 美元的關鍵阻力位。因此,目前表現疲軟的索拉納多頭正在向市場發出巨大警告。
Strongest Player, Polygon Not Showing Continued Strength
最強玩家,Polygon 未展現持續實力
Polygon has forecasted itself as one of the strongest players since the start of the 2021 bull run. Although the bear squeezed more than 85% of its gains, it rebounded strongly and recovered more than 60% of its losses within a couple of months. The MATIC price has been trying hard to rise above $1 multiple times but has failed to do so.
Polygon 預測自己是自 2021 年牛市開始以來最強勁的參與者之一。儘管空頭擠壓了超過85%的漲幅,但它強勁反彈,並在幾個月內收復了超過60%的跌幅。 MATIC 價格多次試圖升至 1 美元以上,但未能成功。
The MATIC price has soared again above $1 with the recent price action after carrying out a parabolic recovery. Despite the volume remaining under bullish influence, it continues to drop significantly. This weakness could point towards the bull’s inability to maintain a continued upswing, which may eventually mark the upswing as a fakeout.
MATIC 價格在經歷拋物線復甦後,近期價格走勢再次飆升至 1 美元以上。儘管成交量仍受到看漲影響,但仍在大幅下降。這種弱點可能表明多頭無法維持持續的上漲,這可能最終將上漲標記為假突破。
Therefore, the yearly close can be considered extremely crucial, as a bullish close may eventually squash the bearish narrative. But if the markets remain consolidated until the yearly close, a diverse trend may be expected in the coming days.
因此,年度收盤價可以被認為是極其重要的,因為看漲的收盤價最終可能會壓垮看跌的敘述。但如果市場在年度收盤前保持盤整,預計未來幾天可能會出現多樣化趨勢。