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

Polygon 的 MATIC 代币面临下行压力：零即将到来吗？

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 代币一直在经历持续的下跌趋势，反映了许多以公用事业为中心的区块链项目在当前市场环境下面临的困境。自 3 月份达到约 1.2 美元的 2024 年年度高点以来，MATIC 的价值已缩水超过 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 下跌的严重程度在上个月 meme 币 PEPE 的市值短暂超过 Polygon 时就得到了体现。这一事件表明，成熟的实用型代币在维持其市场地位方面面临着挑战。

Ethereum ETFs: A Potential Lifeline?

以太坊 ETF：潜在的生命线？

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.

尽管前景黯淡，但仍有一线希望。即将推出的以太坊 ETF 可能有利于整个以太坊生态系统，包括与以太坊网络紧密结合的 Polygon。这一发展可能会为 MATIC 及相关项目注入新的兴趣和资本。

Price Analysis and Future Outlook

价格分析及未来展望

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.

最近的价格走势表明 MATIC 正在努力寻找稳定的基础。经过4月12日至6月11日的盘整期后，价格再次崩溃，引发17%的下跌。该代币似乎达到了 0.515 美元附近的局部底部，随后出现了潜在回调的迹象。

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

另请阅读：Ripple 与 SEC 案例的最新更新 – XRP 价格上涨即将到来？

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.

短期预测表明可能看涨至 0.62 美元。然而，鉴于普遍的看跌情绪，MATIC 在建立看涨趋势方面可能面临重大挑战。

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

相反，如果当前的回调未能获得牵引力，我们可能会看到 MATIC 恢复其下行轨迹。

Is MATIC Heading to Zero?

MATIC 正在走向归零吗？

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.

尽管 MATIC 最近的表现令人失望，但保持前瞻性至关重要。该代币在以太坊生态系统中的整合以及 Polygon 的持续开发工作表明，完全崩溃到零的可能性不大。

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.

未来几个月对于 MATIC 来说至关重要。以太坊 ETF 的推出、更广泛的市场趋势以及 Polygon 兑现其技术承诺的能力都将在决定该代币的未来轨迹方面发挥至关重要的作用。