Fartcoin [Fartcoin]崩潰了16.57％至$ 0.7592，Smart Money退出了代幣傾銷500萬美元

Fartcoin [Fartcoin]面臨著巨大的銷售，在24小時內崩潰了16.57％至0.7592美元。陡峭的下降是在智能貨幣大量退出之後，一天內就賣出了價值超過500萬美元的代幣。

The cryptocurrency markets saw red on Wednesday morning in Asia, tracking declines in the U.S. equities overnight. Dow futures fell over 200 points as optimism over a potential pause in interest rates was countered by a mixed bag of earnings from major companies.

加密貨幣市場在周三上午在亞洲看到紅色，跟踪在美國股票的一夜之間下降。陶氏期貨（Dow Futures）在利率的潛在停頓中的樂觀情緒被主要公司的收入混合反對。

Among the cryptocurrencies, Fartcoin saw an 16.57% drop in the past 24 hours, falling to $0.7592 by 07:18. According to data from Token Terminal, smart money offloaded over $5 million of FARTCOIN in a single day, making it the most offloaded token by institutional and seasoned wallets.

在加密貨幣中，Fartcoin在過去24小時內下降了16.57％，下降到07:18 $ 0.7592。根據Token Terminal的數據，Smart Money一天內卸載了超過500萬美元的Fartcoin，這使其成為機構和經驗豐富的錢包最多的卸載令牌。

However, in a surprising move, a high-profile whale, who previously lost $701K on the token, decided to reinvest, buying 2.22 million Fartcoin at $0.89. That trade has already led to an unrealized loss of around $297K.

然而，令人驚訝的是，一隻備受矚目的鯨魚以前在代幣上損失了701k美元，決定重新投資，以0.89美元的價格購買222萬美元的Fartcoin。該交易已經導致未實現的損失約為29.7萬美元。

Chart: TradingView

圖表：TradingView

Early signs of exhaustion

早期疲憊的跡象

A textbook inverse head-and-shoulders formation, typically a bullish reversal signal, was forming on Fartcoin’s Daily Chart.

Fartcoin的每日圖表上形成了一本教科書倒數的頭和肩部形成，通常是看漲的逆轉信號。

Price recently broke above the $0.679 support level and surged toward the neckline resistance at $0.986.

價格最近打破了0.679美元的支撐水平，並以0.986美元的價格飆升至領口阻力。

But momentum stalled near the neckline, and the price has since pulled back to the $0.75 region. This indicates possible exhaustion among buyers, especially as the breakout lacked follow-through.

但是動量在領口附近停滯不前，此後的價格已返回到0.75美元的地區。這表明買家可能會筋疲力盡，尤其是由於突破缺乏隨後的情況。

Naturally, this signaled early exhaustion among buyers.

自然，這表明了買家的早期疲憊。

For confirmation, bulls would need to reclaim $0.986 with strong volume. Otherwise, a break below $0.679 might accelerate bearish sentiment.

為了確認，公牛需要以強勁的價格收回0.986美元。否則，低於$ 0.679的休息可能會加速看跌的情緒。

Caution despite long bias?

謹慎，儘管偏見很長？

On-chain sentiment shows subtle signs of recovery.

鏈上的情緒顯示出恢復的微妙跡象。

The Volume-Weighted Funding Rate, which had remained negative in early April, has now flipped back into positive territory.

4月初的體積加權籌資率仍然為負，現在已經回到了積極的領土上。

This shift suggests improving trader confidence, as more participants are now paying to maintain long positions. It marks a reversal from the previous bearish dominance in funding behavior.

這一轉變表明，隨著越來越多的參與者現在付費以維持長期職位，提高了交易者的信心。它標誌著以前的融資行為中的看跌統治地位。

However, despite this optimism, conviction remained shallow. At press time, longs made up 54.75% of taker volume; shorts, 45.25%.

但是，儘管有這種樂觀，但信念仍然很淺。在發稿時，朗佔徵用者量的54.75％；短褲，45.25％。

Having said that, bulls only held a slight edge. Until funding metrics strengthen further, upside momentum might remain on thin ice.

話雖如此，公牛隻有略有優勢。在資金進一步加強之前，上行勢頭可能會保留在薄冰上。

Fartcoin liquidation point to…

Fartcoin清算指向…

Liquidation patterns reveal an increasing imbalance in trader positioning.

清算模式顯示，交易者定位的不平衡增加。

On the 18th of April alone, long liquidations reached $2.49 million, while shorts were liquidated for only $474K. This disparity suggests that overleveraged longs are getting wiped out at a much higher rate.

僅在4月18日，長期清算就達到了249萬美元，而短褲僅以47.4萬美元的價格清算。這種差異表明，過度的渴望正在以更高的速度消滅。

Additionally, such heavy long-side liquidations typically lead to cascading price drops and panic-driven exits. If this trend continues, Fartcoin may struggle to find solid support.

此外，如此繁重的長方向清算通常會導致價格下降和恐慌驅動的出口。如果這種趨勢繼續下去，Fartcoin可能會難以找到可靠的支持。

Fartcoin stood at a pivotal crossroads. Recent whale accumulation suggests confidence, but the broader exodus by smart money reflects an opposing narrative.

Fartcoin站在一個關鍵的十字路口。最近的鯨魚積累表明了信心，但是智能貨幣的更廣泛的外流反映了一個相反的敘事。

The shift in Funding Rates point to improving sentiment, yet liquidation data paints a more cautious picture.

資金率的變化指向改善情緒，但清算數據描繪了一個更謹慎的情況。

While the inverse head-and-shoulders structure offers technical hope, price action needs to reclaim $0.986 to affirm the bullish thesis.

雖然逆向股和股關係結構提供了技術希望，但價格行動需要收回0.986美元才能確認看漲的論文。

Therefore, unless sentiment shifts and volume returns to the upside, caution remains the more prudent stance for traders in the near term.

因此，除非情緒轉移和卷回到上行空間，否則謹慎仍然是近期交易者更加謹慎的立場。