GMT 突破阻力位，看漲鏈上指標，但比特幣的表現至關重要

GMT 是行動賺錢應用程式 Stepn 的原生代幣，飆升超過了關鍵阻力區，預示著潛在的看漲逆轉。指標顯示強勁的購買壓力，但持續上漲可能取決於比特幣的表現。 GMT 最近上漲了近 80%，此前經歷了一段盤整期，並且與積極的鏈上指標相吻合，包括需求上升、看漲情緒和大持有者的增持。

GMT Breaks Resistance, Metrics Indicate Bullish Health, but Bitcoin's Performance Remains Key

GMT 突破阻力位，指標顯示看漲健康，但比特幣的表現仍是關鍵

London, March 29th, 2022 - GMT (Green Metaverse Token), the native cryptocurrency of the popular Move-to-Earn (M2E) app Stepn, has successfully broken out of the resistance zone that had previously held back its rally. This breakout suggests that the bulls are regaining control of the market, and it could signal the start of a sustained uptrend for GMT.

倫敦，2022 年 3 月 29 日 - GMT（Green Metaverse 代幣）是流行的 Move-to-Earn (M2E) 應用程式 Stepn 的原生加密貨幣，已成功突破此前阻礙其反彈的阻力區。這一突破表明多頭正在重新控制市場，並可能標誌著 GMT 持續上漲趨勢的開始。

Positive On-Chain Metrics

正面的鏈上指標

Several key on-chain metrics are reflecting a healthy bullish bias. The Mean Dollar Invested Age (MDIA) metric, which measures the average age of coins in circulation, has been in a downtrend throughout January. This is a bullish sign, as it indicates that old coins are being re-circulated, suggesting rising demand for GMT.

幾個關鍵的鏈上指標反映了健康的看漲偏見。衡量流通中硬幣的平均年齡的平均美元投資年齡（MDIA）指標在整個一月份一直處於下降趨勢。這是一個看漲信號，因為它表明舊硬幣正在重新流通，表明對 GMT 的需求不斷增加。

The weighted sentiment is also strongly positive, reflecting the recent gains that the token has seen. The network growth has also ticked higher in the second half of March, indicating that more users are joining the Stepn ecosystem.

加權情緒也非常積極，反映了該代幣最近的上漲。 3 月下半月網路成長也有所加快，顯示更多用戶正在加入 Stepn 生態系統。

The MVRV ratio, which measures the ratio of a token's market capitalization to its realized value, has shot higher alongside prices, reflecting that holders are currently in profit. While this is a positive outcome, it could lead to selling pressure in the form of profit-taking activity shortly.

衡量代幣市值與其實現價值之比的 MVRV 比率隨著價格的上漲而上漲，反映出持有者目前正在獲利。雖然這是一個積極的結果，但它可能會在短期內導致以獲利了結活動形式出現的拋售壓力。

Examining the Supply Distribution

檢查供應分佈

An analysis of the supply distribution of GMT tokens shows that smaller holders, encompassing up to 100k GMT, saw a downtrend in March. This suggests that they were taking profits as prices rose.

對 GMT 代幣供應分佈的分析顯示，小型持有者（最多 10 萬 GMT）在 3 月出現了下降趨勢。這表明他們在價格上漲時獲利了結。

On the other hand, wallets with 100k-10 million of the tokens made up a greater percentage of the supply distribution in the past three weeks. This could indicate possible accumulation from whales, which is often seen as a bullish signal.

另一方面，在過去三週內，擁有 10 萬至 1000 萬代幣的錢包在供應分佈中所佔的比例更大。這可能表明鯨魚可能會累積資金，這通常被視為看漲信號。

Bitcoin's Impact

比特幣的影響

However, it is important to note that GMT's rally could be heavily influenced by the performance of Bitcoin (BTC), the largest cryptocurrency by market capitalization. In early March, GMT fell by 30% after BTC dropped below $70k and nearly touched $60k.

然而，值得注意的是，GMT 的上漲可能會受到市值最大的加密貨幣比特幣（BTC）表現的嚴重影響。 3 月初，BTC 跌破 7 萬美元並接近 6 萬美元後，GMT 下跌了 30%。

If BTC continues to trend downwards, it could drag GMT prices down with it. Therefore, the sustainability of GMT's bullish momentum will depend on Bitcoin's ability to stabilize and resume its uptrend.

如果 BTC 繼續下跌，可能會拖累 GMT 價格隨之下跌。因此，GMT看漲勢頭的可持續性將取決於比特幣能否穩定並恢復上升趨勢。

Conclusion

結論

The breakout of GMT past the resistance zone, coupled with positive on-chain metrics, suggests that the bulls are regaining control of the market. However, the token's performance remains closely tied to the performance of Bitcoin. If BTC can stabilize and resume its uptrend, GMT could continue its upward trajectory.

GMT 突破阻力區，加上正面的鏈上指標，顯示多頭正在重新控制市場。然而，該代幣的表現仍與比特幣的表現密切相關。如果 BTC 能夠穩定並恢復上升趨勢，GMT 可能會繼續其上升趨勢。

At the time of writing, GMT prices were trading at $0.406, down from the recent high of $0.445. However, the token remains well above its low of $0.2506 set on March 20th, indicating that the bulls are still in control.

截至撰寫本文時，GMT 價格為 0.406 美元，低於近期高點 0.445 美元。然而，該代幣仍遠高於 3 月 20 日創下的 0.2506 美元低點，表明多頭仍處於控制之中。