Axelar (AXL) 價格暴跌沒有任何緩解的跡象，鏈上指標暗示未來還會有更多痛苦

Axelar 是一個可程式區塊鏈互通平台，股票代碼為 AXL，截至發稿時連續三天下跌至 0.6152 美元

Axelar (AXL) has seen three days of continuous losses, bringing its price down to $0.6152 at press time, according to data from Binance. The altcoin’s recent slump began on Dec. 16, during which time it has lost 40% of its value.

根據幣安的數據，Axelar (AXL) 已連續三天下跌，截至發稿時其價格跌至 0.6152 美元。該山寨幣最近的暴跌始於 12 月 16 日，在此期間其價值損失了 40%。

Over the past month, the cryptocurrency has seen a 27.8% decrease in its price, falling from $1.02 on Dec. 4 to $0.6152 at press time on Jan. 8. Several on-chain metrics hint at the possibility of further downward pressure on the asset.

過去一個月，該加密貨幣的價格下跌了 27.8%，從 12 月 4 日的 1.02 美元跌至 1 月 8 日發稿時的 0.6152 美元。

Among these metrics is the total value locked within the Axelar DeFi ecosystem, which has seen a significant drop of over 27% in the past 30 days.

這些指標包括 Axelar DeFi 生態系統中鎖定的總價值，在過去 30 天內大幅下降了 27% 以上。

As of Dec. 18, the project’s TVL stood at $367 million, but according to data from DeFiLlama, it had fallen to $254 million at the time of writing. This decline is a sign of reduced user activity and waning investor confidence.

截至 12 月 18 日，該專案的 TVL 為 3.67 億美元，但根據 DeFiLlama 的數據，在撰寫本文時已降至 2.54 億美元。這種下降表明用戶活動減少和投資者信心減弱。

Furthermore, on-chain data from CoinGlass showed that AXL traders have been ramping up their net exchange flows over the past week.

此外，CoinGlass 的鏈上數據顯示，AXL 交易者在過去一周一直在增加淨交易流量。

As traders move their holdings to exchanges, it could indicate their intention to either sell their assets due to declining confidence in the project or to reallocate funds into other projects, which might lead to a price correction in the short term.

當交易者將其持有的資產轉移到交易所時，這可能表明他們打算由於對項目的信心下降而出售資產，或者將資金重新分配到其他項目，這可能會導致短期內價格調整。

Lastly, social sentiment surrounding the altcoin has also turned bearish, with its weighted sentiment currently at -0.818, highlighting increased pessimism among traders.

最後，圍繞山寨幣的社會情緒也變得看跌，其加權情緒目前為-0.818，突顯交易者的悲觀情緒加劇。

Demand among derivative traders for AXL has also dwindled over the last five days. According to CoinGlass, the open interest in AXL futures dropped from $19.9 million on Dec. 4 to $10.44 million at the time of writing.

在過去五天裡，衍生性商品交易商對 AXL 的需求也有所下降。據 CoinGlass 稱，AXL 期貨的未平倉合約從 12 月 4 日的 1,990 萬美元下降至撰寫本文時的 1,044 萬美元。

Another factor contributing to AXL's recent decline is the prevailing risk-off sentiment, driven by the Federal Reserve’s hawkish stance on interest rate cuts and rising U.S. bond yields, which have unsettled both traditional and crypto markets.

導致 AXL 最近下跌的另一個因素是普遍存在的避險情緒，這是由聯準會在降息和美國債券殖利率上升方面的強硬立場推動的，這讓傳統市場和加密市場都感到不安。

Bitcoin’s (BTC) recent drop below $100,000 has further intensified losses in the altcoin market, where volatility and downside risk are typically more pronounced.

比特幣 (BTC) 最近跌破 10 萬美元，進一步加劇了山寨幣市場的損失，該市場的波動性和下行風險通常更為明顯。

On the 1-day AXL/USD price chart, the Moving Average Convergence Divergence indicator showed the MACD line (blue) crossing under the signal line (orange), which indicates a bearish price reversal in the short term.

在 1 日 AXL/USD 價格圖表上，移動平均線收斂背離指標顯示 MACD 線（藍色）穿過訊號線（橘色）下方，這表示短期內價格出現看跌反轉。

This is further confirmed by both lines of the price oscillator pointing downwards and the Supertrend line above the price at press time.

截至發稿時，價格震盪指標的兩條線均指向下方，而超級趨勢線均位於價格之上，這進一步證實了這一點。

Additionally, the Chaikin Money Flow Index showed a reading of -0.11, indicating mild bearish momentum as selling activity slightly outweighed buying pressure in the market.

此外，柴金資金流量指數顯示為-0.11，顯示市場有溫和的看跌勢頭，因為拋售活動略大於買盤壓力。

However, the token could find some relief as whales have shown increased interest in AXL at current price levels. Between Jan. 6 and Jan. 8, whale wallet inflows rose from 128.48k tokens to 2.59 million. Retail investors could follow suit, as whale investments are often perceived as a bullish signal.

然而，隨著鯨魚在當前價格水平上對 AXL 表現出越來越大的興趣，該代幣可能會有所緩解。 1 月 6 日至 8 日期間，鯨魚錢包流入量從 128,480 個代幣增加到 259 萬個。散戶可以效仿，因為鯨魚投資通常被視為看漲訊號。

Furthermore, the altcoin could recover if Bitcoin stages a strong rebound from its recent losses ahead of President-elect Donald Trump’s inauguration in late January.

此外，如果比特幣在當選總統唐納德·川普 (Donald Trump) 1 月底就職之前從最近的損失中強勁反彈，那麼山寨幣可能會復甦。