以太坊名稱服務（ENS）扭轉了長期看跌趨勢，反彈會持續嗎？

以太坊名稱服務 [ENS] 扭轉了其長期看跌趨勢，並突破了自 8 月初以來一直挑戰多頭的 20-22 美元區域附近的一系列阻力位。

Ethereum Name Service (ENS) has finally flipped its long-term bearish trend after a cluster of resistance levels around the $20-$22 region challenged the bulls since early August.

自 8 月初以來，在 20-22 美元區域周圍的一系列阻力位對多頭構成挑戰之後，以太坊名稱服務 (ENS) 終於扭轉了其長期看跌趨勢。

However, a recent breakout saw this hurdle overcome, with the token’s price rallying by over 40% in the past week alone. Network activity also told an encouraging tale.

然而，最近的一次突破克服了這一障礙，光是過去一周代幣的價格就上漲了 40% 以上。網路活動也講述了一個令人鼓舞的故事。

After a prolonged bearish spell, ENS has finally managed to flip a crucial resistance level. But where could the token be headed next?

經過長時間的看跌之後，ENS 終於成功突破了關鍵的阻力位。但代幣接下來會走向何方呢？

ENS’ 90-day MVRV was positive after the strong recent gains. This opened the possibility for some profit-taking activity and a price dip. However, the transaction count and velocity were more bullish.

在近期強勁上漲後，ENS 的 90 天 MVRV 為正值。這為一些獲利了結活動和價格下跌提供了可能性。然而，交易數量和速度更樂觀。

Their upward trajectory since late October was a sign of increased market activity. The transaction count measures the unique transactions occurring on the network in a day.

自十月底以來的上升軌跡是市場活動增加的跡象。交易計數衡量一天內網路上發生的唯一交易。

An increase in this metric is a sign of increased market participation. Velocity measures how often a token changes hands.

此指標的增加表示市場參與度增加。速度衡量代幣易手的頻率。

Increased prices, velocity, and transaction count mean that the token is traded more frequently and supports the idea of a healthy, active market.

價格、流通速度和交易數量的增加意味著代幣的交易更加頻繁，並支持健康、活躍的市場概念。

Finally, the supply distribution by balance of addresses showed that the 1,000-1,000,000 ENS balance addresses had shed some of their holdings since October.

最後，按地址餘額劃分的供應分佈顯示，自 10 月以來，1,000-1,000,000 個 ENS 餘額地址已減持了部分資產。

The 10,000-100,000 ENS balance addresses, on the other hand, had seen their holdings decrease.

另一方面，10,000-100,000 個 ENS 餘額位址的持有量卻有所減少。

However, the former cohort has begun to climb higher, showing some accumulation. Shrimp addresses with less than 10 ENS were also accumulating.

然而，前一批已經開始攀升，顯示出一些累積。 ENS 小於 10 的蝦子地址也不斷累積。

More importantly, large whales with 1 million or more ENS saw their share of the pie increase, a sign that whales were buying these tokens too.

更重要的是，擁有 100 萬或更多 ENS 的大型鯨魚所佔的份額增加，這表明鯨魚也在購買這些代幣。

ENS’ recent price action signaled a bullish bias, with a breakout from a key resistance level.

ENS 最近的價格走勢顯示看漲傾向，突破了關鍵阻力位。

While this set the stage for further gains, especially with whale buying, a BTC-led market downturn could pull ENS below the $20 mark.

雖然這為進一步上漲奠定了基礎，尤其是在鯨魚買盤方面，但 BTC 主導的市場低迷可能會將 ENS 拉至 20 美元以下。

However, it is anticipated that the token can still trend higher, with its 78.6% Fibonacci level at $15.7 serving as a crucial support level.

然而，預計該代幣仍可能走高，其 15.7 美元的 78.6% 斐波那契水平是關鍵支撐位。