The post Solana Displaying Weakness: MATIC Bulls Not Confident of Continued Upswing—What’s Next? appeared first on Coinpedia Fintech News
Solana 后表现疲软:MATIC 多头对持续上涨没有信心——下一步是什么?首先出现在 Coinpedia 金融科技新闻上
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.
近年来,随着流行代币的价格大幅飙升,加密货币市场受到了广泛关注。尽管比特币价格继续横盘整理,但其他山寨币却显着上涨。此外,比特币的主导地位继续下降,这表明山寨币未来可能继续保持健康的上涨势头。然而,当前的市场趋势表明,加密货币市场正在发出巨大的警告,如下所示。
Different Memecoins are Gaining Attention
不同的 Memecoin 正在引起关注
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 一直是加密货币市场的一个有趣的部分,因为它们在很短的时间内表现出极大的波动性。虽然狗狗币和柴犬等顶级模因币选择以最低限度的关注度进行交易,但像 BONK 这样新推出的代币却表现出了惊人的反弹,超过了 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,这表明市场参与者现在在赚取利润方面变得不那么耐心,因为他们预见到这些代币将获得巨大收益。此外,他们倾向于发布“疯狂的模因币盈亏”,表明新手或初学者更寻求快速收益而不是持续收益。
Top Performer Solana Displays Weakness
表现最佳的 Solana 显示出弱点
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 价格从 9.97 美元左右的低点上涨了 1000% 以上,创下了 126 美元以上的年度新高。这种上涨吸引了巨大的流动性,市值从不足 3 亿美元升至超过 500 亿美元。然而,价格在触及高点后面临明显的看跌行为,这是目前值得关注的大问题。
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.
在连续近 6 天出现看涨蜡烛后,SOL 价格面临显着的上行压力,低点接近 100 美元。尽管价格守住了支撑位,但多头未能突破 115 美元的关键阻力位。因此,目前表现疲软的索拉纳多头正在向市场发出巨大警告。
Strongest Player, Polygon Not Showing Continued Strength
最强玩家,Polygon 未展现持续实力
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 预测自己是自 2021 年牛市开始以来最强劲的参与者之一。尽管空头挤压了超过85%的涨幅,但它强劲反弹,并在几个月内收复了超过60%的跌幅。 MATIC 价格多次试图升至 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 价格在经历抛物线式复苏后,近期价格走势再次飙升至 1 美元以上。尽管成交量仍受到看涨影响,但仍在大幅下降。这种弱点可能表明多头无法维持持续的上涨,这可能最终将上涨标记为假突破。
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,年度收盘价可以被认为是极其重要的,因为看涨的收盘价最终可能会压垮看跌的叙述。但如果市场在年度收盘前保持盘整,预计未来几天可能会出现多样化趋势。