卡爾達諾的修正、相關性和鯨魚活動引發擔憂

儘管最近出現調整，但卡爾達諾（ADA）由於與比特幣（0.14）的相關性較弱，仍面臨進一步的市場風險。市場分析師預測短期內將上漲至 0.55 美元，但由於鯨魚餘額下降且情緒仍看跌，因此對長期表現表示擔憂。

Cardano's Struggles: Correction, Correlation, and Whale Activity Raise Concerns

卡爾達諾的掙扎：修正、相關性和鯨魚活動引發擔憂

Amidst a recent market correction that has battered the cryptocurrency landscape, Cardano (ADA) stands out as a particularly hard-hit altcoin. Its recent 13.27% plunge to $0.50 marks a significant loss compared to its peers in the top 10 cryptocurrencies.

在最近的市場調整中，加密貨幣格局遭受重創，卡爾達諾（ADA）作為遭受特別嚴重打擊的山寨幣脫穎而出。其最近暴跌 13.27% 至 0.50 美元，與排名前 10 位的加密貨幣相比，其損失顯著。

This underperformance has deepened the plight of ADA holders, with a staggering 57% now facing unrealized losses. The cryptocurrency's woes are compounded by its weak correlation with Bitcoin (BTC), the dominant force in the cryptocurrency market. At a correlation of 0.14, ADA's price movements diverge significantly from BTC's, making it less susceptible to the latter's bullish impetus.

這種表現不佳加劇了 ADA 持有者的困境，令人震驚的是，目前有 57% 的持有者面臨未實現的損失。該加密貨幣的困境因其與加密貨幣市場主導力量比特幣（BTC）的相關性較弱而雪上加霜。 ADA 的價格走勢與 BTC 的相關性為 0.14，明顯背離，使其不易受到後者看漲推動力的影響。

Furthermore, an analysis of on-chain data reveals a troubling trend: the whales, or large holders of ADA, have been steadily liquidating their positions. The cohort holding 1 million to 1 billion tokens has reduced its holdings from 16.70% to 16.20%, while the 100 million to 1 billion group has seen its stake dwindle from 7.01% to 5.92%.

此外，對鏈上數據的分析揭示了一個令人不安的趨勢：鯨魚或 ADA 的大持有者一直在穩步清算其頭寸。持有100萬至10億代幣的群體持股比例從16.70%減少至16.20%，而持有1億至10億代幣的群體持股比例從7.01%減少至5.92%。

This whale activity signals declining confidence in Cardano's long-term potential. The Relative Strength Index (RSI), a technical indicator that gauges market momentum, has fallen to 31.76, indicating that bears are still in control.

這種鯨魚活動標誌著人們對卡爾達諾長期潛力的信心下降。衡量市場動能的技術指標相對強弱指數（RSI）已跌至31.76，顯示空頭仍在掌控之中。

Short-term prospects for ADA appear somewhat brighter, with bulls attempting to push the price above the oversold region. However, a lack of sufficient buying pressure could invalidate this rally, sending ADA into a trading range between $0.49 and $0.52.

ADA 的短期前景似乎更加光明，多頭試圖將價格推高至超賣區域之上。然而，缺乏足夠的購買壓力可能會導致本次反彈無效，從而導致 ADA 的交易區間介於 0.49 美元至 0.52 美元之間。

Beyond these immediate concerns, several other factors will influence ADA's trajectory in the coming months. The price action following Bitcoin's upcoming halving event will be crucial in determining the token's long-term viability.

除了這些迫在眉睫的問題之外，其他幾個因素也將影響 ADA 未來幾個月的發展軌跡。比特幣即將到來的減半事件之後的價格走勢對於決定該代幣的長期生存能力至關重要。

In conclusion, Cardano faces an uphill battle in the current market environment. Its weak correlation with Bitcoin, combined with whale liquidations and a bearish technical outlook, raises serious questions about its recovery prospects. Short-term gains are possible, but the long-term outlook remains uncertain, hinging heavily on external factors such as Bitcoin's halving and wider market sentiment.

總而言之，卡爾達諾在當前的市場環境下面臨著一場艱苦的戰鬥。它與比特幣的弱相關性，加上鯨魚清算和看跌的技術前景，引發了對其復甦前景的嚴重質疑。短期上漲是可能的，但長期前景仍不確定，很大程度上取決於比特幣減半和更廣泛的市場情緒等外部因素。