Aptos（APT）在持續銷售壓力下掙扎，令牌解鎖可能會加劇弊端

在過去的兩個月中，Aptos（APT）一直在為穩定的銷售壓力而苦苦掙扎，最近的令牌解鎖事件可能會加劇這些挑戰。

Aptos (APT) has faced persistent selling pressure over the past two months, and recent token unlock events may amplify these challenges. With increasing unlocks and panicked sentiment in the market, APT could encounter more downside in the near future.

在過去的兩個月中，Aptos（APT）面臨著持續的銷售壓力，最近的令牌解鎖事件可能會擴大這些挑戰。隨著市場上的解鎖和驚慌的情緒，APT在不久的將來可能會遇到更多的缺點。

Aptos Recently Tested a Key Support Level

APTO最近測試了關鍵支持級別

Looking at the 1-week Aptos price chart, we can see that the token has recently tested a key support level around $5, which also coincides with a psychological price point. While a short-term bounce is possible from this support level, the main question is whether this bounce can lead to a full trend reversal or if it’s merely a temporary respite before the downtrend resumes.

從1週的APTOS價格表中查看，我們可以看到該令牌最近測試了5美元左右的關鍵支持水平，這也與心理價格點相吻合。雖然從這個支持級別可以短期反彈，但主要的問題是這種反彈是否可以導致趨勢逆轉，或者僅在降低趨勢恢復之前只是暫時的喘息。

If we zoom out to the 1-month Aptos price chart, we can see that the token lost its bullish order block just above the $11 level in mid-December 2024, shifting the market structure to a bearish bias. The attempts made by buyers to recover have failed, with each rally quickly being met by selling pressure.

如果我們縮小到1個月的APTOS價格表，我們可以看到，令牌在2024年12月中旬的11美元水平上失去了其看漲訂單塊，將市場結構轉移到了看跌的偏見。買家恢復的嘗試失敗了，每次集會都會通過銷售壓力迅速滿足。

The OBV chart also highlights that selling pressure has consistently outpaced buying, further confirming the overall bearish sentiment. Even during recent recoveries, the price movements have resembled liquidity grabs rather than genuine upward trends, adding to market uncertainty and making any upward price action short-lived.

明顯的圖表還強調，銷售壓力始終超過了購買，進一步證實了整體看跌情緒。即使在最近的回收率期間，價格變動也類似於流動性的抓取而不是真正的向上趨勢，從而增加了市場不確定性並使任何向上的價格行動短暫地生存。

Furthermore, Aptos has shown a notable lack of relative strength compared to Bitcoin (BTC). While Bitcoin has appreciated by 78% since last August, Aptos has only increased by 11.87%. This disparity in performance is sapping the conviction of bulls, making it more difficult for the token to stage a meaningful recovery.

此外，與比特幣（BTC）相比，Aptos表現出顯著的相對強度。自去年8月以來，比特幣欣賞了78％，但Aptos僅增長了11.87％。表現的這種差異使對公牛的信念削弱了，這使代幣更加困難地進行有意義的恢復。

From a technical perspective, the $5-level is seen as a critical support area for Aptos. This level marks the beginning of a strong rally from August 2024, and if APT manages to stay above it, a temporary bounce could be expected. The $5.5 liquidity cluster, which can be identified on the 1-week heatmap, is a likely candidate for a short-term bullish reversal.

從技術的角度來看，$ 5級別的售價被視為APTO的關鍵支持區。這個水平標誌著從2024年8月開始強烈集會的開始，如果APT設法保持在其上方，則可以預期暫時反彈。 $ 5.5的流動性集群可以在1週的熱圖上確定，可能是短期看漲逆轉的候選人。

For swing traders, they may look to trade the bounce from the $5.34-$5.5 range, hoping to push the price toward $6.30. However, it’s important to take profits quickly, considering the current market sentiment that remains predominantly altcoin-averse. With the broader market still in uncertainty, aggressive profit-taking strategies are prudent for short-term traders.

對於搖擺交易者而言，他們可能希望從5.34美元至5.5美元的範圍內交易彈跳，希望將價格推向6.30美元。但是，考慮到當前主要是不反對Altcoin的市場情緒，迅速獲取利潤很重要。由於更廣泛的市場仍然處於不確定性狀態，因此對短期交易者的積極獲利策略是謹慎的。

One of the key challenges for Aptos holders is the ongoing token unlock process. According to CoinMarketCap, 50% of Aptos’ total supply is still locked, meaning that there is a significant amount of tokens yet to be released into the market. As these tokens are unlocked, additional selling pressure may drive the price lower, unless demand sees a substantial increase.

APTOS持有人的主要挑戰之一是持續的令牌解鎖過程。根據CoinMarketCap的數據，Aptos的總供應中有50％仍被鎖定，這意味著尚未將其釋放到市場上。由於這些令牌已解鎖，除非需求看到大幅增加，否則額外的銷售壓力可能會降低價格。

Without a significant surge in demand or a favorable “altseason” where altcoins experience broad-based growth, these unlocks could put considerable downward pressure on APT’s price. Holders should be cautious, as the combination of market sentiment and additional unlocks could worsen the situation for APT in the near term.

如果需求量急劇增加或高高的“替代”，而Altcoins經歷了廣泛的增長，這些解鎖可能會給APT的價格帶來巨大的向下壓力。持有人應該謹慎，因為市場情緒和其他解鎖的結合在短期內可能會使情況惡化。