HBAR 的牛市陷阱和漫長的清算推遲，但不要否認反彈

自 8 月以來，Hedera 生態系統的原生加密貨幣 HBAR 一直在盤整區域進行交易。它剛剛進行了第三次嘗試

Since August, HBAR, the native cryptocurrency of the Hedera ecosystem, has been consolidating. It just made its third attempt to leave the zone, but it was a bull trap with lengthy, heavy liquidations.

自8月份以來，Hedera生態系統的原生加密貨幣HBAR一直在整合。它剛剛第三次嘗試離開該區域，但這是一個牛市陷阱，有漫長而沉重的清算。

Like the majority of cryptocurrencies, HBAR has been rising since November 5. This is due to the bullish market sentiment that has dominated the market thus far this month. But this latest effort first broke through short-term resistance at $0.063.

與大多數加密貨幣一樣，HBAR 自 11 月 5 日以來一直在上漲。但這項最新舉措首先突破了短期阻力位 0.063 美元。

On November 12, HBAR rose as high as $0.077 in what appeared to be a bull trap. This is because the price quickly dropped by over 20%. After the price moved into overbought territory, there was a pullback.

11 月 12 日，HBAR 上漲至 0.077 美元，似乎是個牛市陷阱。這是因為價格迅速下降了20%以上。價格進入超買區域後出現回檔。

The cryptocurrency's failed bullish attempt had all the makings of a bull trap. This calls for a closer examination of the effects of the pullback.

這種加密貨幣的看漲嘗試失敗，具備了牛市陷阱的所有要素。這需要更仔細地檢查回調的影響。

HBAR’s decline wipes out long positions

HBAR 的下跌消除了多頭頭寸

HBAR 的下跌消除了多頭頭寸

The recent gains by HBAR may have resulted in an increase in leveraged long positions. This is especially true considering that Bitcoin and many other major coins have been rising to all-time highs. An examination of the liquidation data serves to validate the bull trap scenario.

HBAR 最近的上漲可能導致槓桿多頭頭寸增加。考慮到比特幣和許多其他主要貨幣已升至歷史新高，這一點尤其正確。清算資料的檢查可以驗證牛市陷阱的情況。

On November 12, HBAR's total liquidations reached a peak of $886,150, according to Coinglass. That day, the peak price of short positions that were liquidated was $539,450. These were the highest single-day liquidation figures recorded in the previous six months.

根據 Coinglass 的數據，11 月 12 日，HBAR 的清算總額達到 886,150 美元的峰值。當日，空頭平倉高峰價格為539,450美元。這是過去六個月記錄的最高單日清算數字。

Source: Coinglass

資料來源：Coinglass

On November 13, long liquidations reached a peak of $620,750, while short liquidations reached a peak of $54,110. As can be seen by the spike in liquidations on the day the price dropped, the liquidations may have contributed to the strong sell pressure.

11 月 13 日，多頭清算達到 620,750 美元的峰值，而空頭清算達到 54,110 美元的峰值。從價格下跌當天清算量激增可以看出，清算可能導致了強勁的拋售壓力。

Additionally, the liquidations correspond with the recently observed increase in open interest. Over the past ten days, there has been an increase in open interest in HBAR futures.

此外，清算與最近觀察到的未平倉合約的增加相對應。過去十天，HBAR 期貨的未平倉合約有所增加。

On November 13, it reached its peak at $61.11. That day, the majority of the open interest may have been in the bears' favor.

11月13日達到高峰61.11美元。那一天，大部分未平倉部位可能對空頭有利。

Following the most recent spike in open interest, it rose to a new 6-month high. This spike was far lower than the levels seen during the peak of HBAR demand in April. It does, however, indicate that interest in the cryptocurrency is gradually rising once more.

繼最近一次未平倉合約飆升後，未平倉合約升至 6 個月新高。這一高峰遠低於 4 月 HBAR 需求高峰期間的水平。然而，它確實表明人們對加密貨幣的興趣再次逐漸上升。

Delay In HBAR Doesn’t Mean Denial

HBAR 延遲並不意味著拒絕

HBAR 延遲並不意味著拒絕

HBAR's recent bull trap and lengthy liquidations may have delayed the rally. That being said, this does not imply that it will not occur.

HBAR 最近的牛市陷阱和漫長的清算可能推遲了漲勢。話雖如此，這並不意味著它不會發生。

Although the liquidations highlight a shakedown in leverage, HBAR was still substantially undervalued, particularly in contrast to its present 2024 peak. Many people may still own the crypto due to its potential for growth.

儘管清算凸顯了槓桿率的下降，但 HBAR 的價值仍然被大幅低估，特別是與目前 2024 年的高峰相比。由於其成長潛力，許多人可能仍然擁有加密貨幣。

At the time of writing, HBAR was already attempting a bullish breakout from its consolidation zone. This indicated that there was still demand. The 27th largest crypto to date is currently preparing to test its monthly high of $0.126, trading at $0.1191 with a market capitalization of around $4,52 billion.

截至撰寫本文時，HBAR 已在嘗試突破盤整區域。這表明需求仍然存在。迄今為止第 27 大加密貨幣目前正準備測試 0.126 美元的月度高點，交易價格為 0.1191 美元，市值約為 45.2 億美元。

As was observed earlier in the week, the removal of leveraged positions could pave the way for a second rally attempt with a lower likelihood of a long squeeze scenario.

正如本週早些時候所觀察到的，槓桿頭寸的移除可能為第二次反彈嘗試鋪平道路，而多頭擠壓情況的可能性較低。