加密貨幣交易所代幣在市場下跌中出現修正，但仍保持彈性

在近期市場低迷的背景下，加密貨幣市場正處於調整階段。減半事件發生後，比特幣在前三個週期中經歷了價值飆升。然而，隨著比特幣在 70,000 美元以下掙扎，與旨在將價格推低到 60,000 美元以下的賣家進行鬥爭，這個週期似乎不確定。比特幣的疲軟影響了山寨幣，包括幣安幣 (BNB) 和 Kucoin 的 KCS 等交易所代幣，過去一週分別下跌 5% 和 20%。本文深入研究了交易所代幣的現狀，分析了它們的表現並評估了持續調整對該行業的潛在影響。

Cryptocurrency Exchange Tokens Witness Correction amid Broader Market Weakness

在更廣泛的市場疲軟中，加密貨幣交易所代幣出現回調

Binance Coin (BNB) Consolidates in Range

幣安幣（BNB）在區間內盤整

BNB has been hovering within a narrow range for over a month, fluctuating between $540 and $610. The token's latest resistance point sits just below its previous all-time high. Buyers have been defending the price at the level of the bullish institutional bias (9/18 EMA):

BNB一個多月以來一直在窄幅區間徘徊，在540美元至610美元之間波動。該代幣的最新阻力點略低於先前的歷史高點。買家一直在機構看漲偏見的水平上捍衛價格（9/18 EMA）：

(Image: Binance Coin (BNB) price against the US dollar (3D))

（圖：幣安幣（BNB）兌美元價格（3D））

If BTC stabilizes and holds above $60,000, BNB could capitalize on the momentum and resume its upward trend. To continue the bullish momentum, it must maintain its recent low of $496 and close above the previous peak of $645. Such a close could enable BNB to surpass its previous ATH.

如果 BTC 企穩並保持在 60,000 美元上方，BNB 可能會利用這一勢頭並恢復上漲趨勢。為了繼續看漲勢頭，它必須維持 496 美元的近期低點，並收在 645 美元的前高點之上。這樣的收盤價可能會讓 BNB 超越先前的 ATH。

Conversely, if the price falls below the 9 and 18 moving averages and loses support at $480, a pullback to $420 remains possible. As long as the price continues to form higher lows and highs, the probability favors a further increase.

相反，如果價格跌破9和18移動平均線並失去480美元的支撐，則仍有可能回調至420美元。只要價格繼續形成更高的低點和高點，就有可能進一步上漲。

The RSI has been declining for several weeks, but the momentum remains overall bullish. Buyers retain control of the momentum in this time frame.

RSI 已經連續幾週下降，但整體勢頭仍然看漲。買家在此時間範圍內保持對勢頭的控制。

BNB Strengthens Against Bitcoin in Downturn

BNB 在低迷時期相對於比特幣走強

The BNB/BTC pair measures the strength of Binance's native token against the king of cryptocurrencies. Typically, when BTC falls, it drags altcoins down with it. This remains true for the majority of altcoins that have experienced a significant decline, but BNB remains strong as evidenced by the BNB/BTC pair:

BNB/BTC 貨幣對衡量了幣安原生代幣相對於加密貨幣之王的實力。通常，當比特幣下跌時，山寨幣也會隨之下跌。對於大多數經歷了大幅下跌的山寨幣來說，情況仍然如此，但 BNB 仍然強勁，BNB/BTC 貨幣對就證明了這一點：

(Image: Binance Coin (BNB) price against Bitcoin (3D))

（圖：幣安幣（BNB）相對於比特幣的價格（3D））

The BNB/BTC pair has managed to regain momentum with higher lows and highs on the other side of the downtrend line. Additionally, buyers have stepped in at the level of the bullishly aligned 9 and 18 moving averages and at the support level of 0.0083 BTC. It needs to break through the recent high to continue the momentum with higher lows and highs.

BNB/BTC 貨幣對已成功恢復勢頭，在下降趨勢線的另一側出現更高的低點和高點。此外，買家已在看漲的 9 和 18 移動平均線以及 0.0083 BTC 的支撐位介入。它需要突破近期高點才能延續低點和高點走高的勢頭。

The RSI is also bullish; buyers have control of the momentum. To continue the bullish momentum, it will need to close above 71.

RSI 也看漲；買家可以控制勢頭。要繼續看漲勢頭，需要收在 71 上方。

Coinbase (COIN) Rejected at $270 Resistance

Coinbase (COIN) 在 270 美元阻力位被拒絕

Coinbase has been on an uptrend for several months, but it has struggled to break through the resistance at $270. The consolidation below the resistance continues, and buyers could step in at the bullish institutional bias and the support at $210:

Coinbase 幾個月來一直處於上漲趨勢，但一直難以突破 270 美元的阻力位。阻力位下方的盤整仍在繼續，買家可能會在看漲的機構偏見和 210 美元的支撐位介入：

(Image: Coinbase price against the US dollar (3D))

（圖：Coinbase 兌美元價格（3D））

If the price bounces, a return to the resistance at $270 is possible. As the primary trend is bullish (higher lows and highs over several months), a breakout of $283.5 is entirely possible. In such a scenario, the price could rally to the next resistance level at $340. On the other hand, if the price slips below $210, the next significant support lies at $160. Seeing COIN resilient is encouraging for the future. In the previous cycle, the Coinbase's top marked the end of the cycle for cryptocurrencies.

如果價格反彈，則有可能回到 270 美元的阻力位。由於主要趨勢是看漲（幾個月內更高的低點和高點），突破 283.5 美元是完全有可能的。在這種情況下，價格可能會反彈至下一個阻力位 340 美元。另一方面，如果價格跌破 210 美元，下一個重要支撐位在 160 美元。看到 COIN 的彈性對未來來說是令人鼓舞的。在上一個週期中，Coinbase 的頂部標誌著加密貨幣週期的結束。

The RSI has been heading up for over a year now, but it has failed to make higher highs. It must avoid dropping below the recent low of 46, as this would validate a bearish divergence.

RSI 已經上漲一年多了，但未能創造更高的高點。它必須避免跌破近期低點 46，因為這將驗證看跌背離。

OKB Holds Support at $53

OKB在53美元處保持支撐

Some altcoins are more resilient than others in the face of this Bitcoin decline, and this is particularly the case with OKB. The OKB price is maintaining its overall momentum with higher lows and highs. Moreover, buyers continue to defend the support at $53. However, to initiate a new leg up, it needs to break out of the resistance at $64:

面對比特幣的下跌，有些山寨幣比其他幣更具彈性，OKB 的情況尤其如此。 OKB價格維持整體動能，低點和高點不斷上移。此外，買家繼續捍衛 53 美元的支撐位。然而，要開始新的上漲，它需要突破 64 美元的阻力位：

(Image: OKB price against the US dollar (3D))

（圖：OKB兌美元價格（3D））

If the resistance gives way, the price could rally to the 1.618 and 2 Fibonacci extensions levels. To continue the bullish momentum, it will need to close above the recent high at $74. On the contrary, if the $64 resistance holds, it will need to defend the support at $53 once more.

如果阻力位被削弱，價格可能會反彈至 1.618 和 2 個斐波那契擴充位。為了繼續看漲勢頭，其收盤價需要高於近期高點 74 美元。相反，如果 64 美元的阻力位守住，則需要再次守住 53 美元的支撐位。

The RSI is moving below the downtrend line. The momentum indicator should once again start making higher lows and highs above the trendline for buyers to regain the momentum advantage.

RSI 正在下降趨勢線下方移動。動量指標應再次開始在趨勢線上方形成更高的低點和高點，以便買家重新獲得動量優勢。

KCS Drops to Support at $8.5

KCS 跌至 8.5 美元支撐位

KCS is significantly weaker than its exchange token peers. In fact, KCS has recorded a decline of over 50% from its high around $16. The SEC's attack on the centralized exchange has weakened KCS's price:

KCS 明顯弱於其交易所代幣同行。事實上，KCS 已從 16 美元左右的高點下跌了 50% 以上。 SEC對中心化交易所的攻擊削弱了KCS的價格：

(Image: KCS price against the US dollar (3D))

（圖：KCS 兌美元價格（3D））

The price failed to hold the support at $10.5 and has fallen to the support at $8.5. Here, buyers have the opportunity to react. It will now need to break through the resistance at $10.5 to change the momentum. If the support at $8.5 gives way, the next support is at $6.5. The RSI has validated a bearish divergence; sellers have control of the momentum.

價格未能守住 10.5 美元的支撐位，並跌至 8.5 美元的支撐位。在這裡，買家有機會做出反應。現在需要突破 10.5 美元的阻力位才能改變勢頭。如果 8.5 美元的支撐位消失，下一個支撐位是 6.5 美元。 RSI 已驗證看跌背離；賣家可以控制勢頭。

Exchange Tokens Show Resilience Despite Bitcoin Decline

儘管比特幣下跌，交易所代幣仍表現出彈性

Following Bitcoin's fall below $70,000, the exchange token sector has proven to be relatively robust. This is particularly true for Binance Coin (BNB), which remains optimistic against the dollar and continues to outperform the king of cryptocurrencies overall. Coinbase COIN is stuck at the resistance level of $270. However, a reaction could occur around the bullishly aligned 9 and 18 moving averages. Meanwhile, buyers are defending the $53 support on OKB. The buyers' objective is now to break the sellers at the $64 resistance. OKB remains optimistic against the dollar, and the odds are on its side for a new leg up once BTC finishes its decline.

在比特幣跌破 70,000 美元之後，交易所代幣行業已被證明相對強勁。對於幣安幣（BNB）來說尤其如此，幣安幣對美元仍然樂觀，整體表現繼續優於加密貨幣之王。 Coinbase COIN 被困在 270 美元的阻力位。然而，看漲的 9 和 18 移動均線周圍可能會出現反應。與此同時，買家正在捍衛 OKB 的 53 美元支撐位。買家現在的目標是突破賣家 64 美元的阻力位。 OKB對美元仍持樂觀態度，一旦BTC結束跌勢，OKB有望迎來新一輪上漲。

KCS is the poor performer among exchange tokens. The KuCoin platform is being targeted by a legal proceeding in the United States, which creates fragility around KCS. The bulls need to react at the $8.5 support to prevent a further decline that could bring the price back to $6.5. Despite the decline, some altcoins manage to stand out. For example, Solana (SOL), Toncoin (TON), and Bitcoin Cash (BCH) are outperforming Bitcoin.

KCS 是交易所代幣中表現較差的。 KuCoin 平台正成為美國一項法律訴訟的目標，這造成了 KCS 的脆弱性。多頭需要在 8.5 美元的支撐位處做出反應，以防止進一步下跌，從而導致價格回到 6.5 美元。儘管價格下跌，但一些山寨幣仍然脫穎而出。例如，Solana (SOL)、Toncoin (TON) 和比特幣現金 (BCH) 的表現優於比特幣。