在過去的幾周中，製造商[MKR]價格動作一直在波動

在過去的幾周中，製造商的[MKR]價格行動一直是波動的，加密貨幣指出，在2月中旬跌至五月中旬之後，圖表上有逆轉。

Maker [MKR] price action has been volatile over the past few weeks, with the crypto noting a reversal on the charts after hitting a mid-February low. In fact, the token rallied to $1,700, only to retrace back to $1,350 – A sign of heavy engagement from investors at key price levels.

在過去的幾周中，製造商[MKR]的價格動作一直在波動，而加密貨幣則指出，在2月中旬下降後，局面上有逆轉。實際上，代幣漲至1,700美元，只能追溯到1,350美元，這是投資者以關鍵價格水平的大量參與的標誌。

To gain a better understanding of how MKR holders are reacting to price movements, we can use the Cost Basis Distribution metric. This analysis will help us identify which supply clusters have been absorbed, where new ones are forming, and ultimately, what implications these trends have on MKR's potential future direction.

為了更好地了解MKR持有者對價格變動的反應，我們可以使用成本基量分配度量。該分析將幫助我們確定哪些供應簇被吸收，新的供應群是在哪些供應簇，最終，這些趨勢對MKR潛在的未來方向具有什麼影響。

Cost Basis Distribution – Where are investors positioned?

成本基礎分配 - 投資者在哪裡定位？

The Cost Basis Distribution chart provides a detailed breakdown of how Maker investors have interacted with price movements, highlighting specific price tiers and the amount of token supply held at those levels. These clusters highlight regions where buyers have historically entered the market and where distribution has occurred.

成本基礎分配圖提供了詳細的細分，詳細說明了製造商投資者如何與價格變動互動，突出了特定的價格層以及在這些級別上持有的令牌供應量。這些集群重點介紹了買家歷史上進入市場並發生分銷的地區。

The data suggested that a significant number of investors accumulated MKR when it was trading between $1,300 and $1,500. This zone appears to be a critical accumulation range, and as the price approaches this range again, investor behavior will determine whether support holds or if further downside is likely.

數據表明，在交易1,300美元至1,500美元之間，許多投資者累積了MKR。該區域似乎是一個關鍵的累積範圍，隨著價格再次接近該範圍，投資者的行為將決定支持是否存在或可能進一步弊端。

The insights from this analysis can give us a clearer outlook on where MKR might be heading next.

此分析中的見解可以使我們對MKR接下來的前進方向更加清晰。

At the time of writing, MKR was trading at $1,279, following a 1.31% decline in the last 12 hours. The 50-day moving average (MA) sat at $1,331, with the same acting as a resistance level on the charts.

在撰寫本文時，MKR的交易價格為1,279美元，在過去12小時內下降了1.31％。 50天的移動平均線（MA）的價格為1,331美元，在圖表上的阻力水平相同。

A breakout above this level could shift momentum in favor of the bulls. Meanwhile, the 200-day MA at $1,471 will remain a major long-term resistance zone, marking an area where profit-taking is likely to occur.

超出此水平的突破可能會改變動力，而轉向公牛。同時，200天的MA為1,471美元將是一個主要的長期阻力區，這標誌著可能發生利潤的地區。

The Money Flow Index (MFI) had a reading of 29.04, suggesting that MKR may be approaching oversold territory.

貨幣流量指數（MFI）的讀數為29.04，表明MKR可能正在接近超賣領土。

If buying pressure increases, a potential bounce from the press time levels could push the price towards $1,350–$1,400, where the next major supply cluster sits. However, if sellers remain dominant, MKR could test $1,200 – A region that previously acted as a strong support.

如果購買壓力增加，新聞發佈時間的潛在反彈可能會將價格推向1,350美元至1,400美元，下一個主要的供應集群所在。但是，如果賣方仍然占主導地位，MKR可以測試$ 1200，這是一個以前是大力支持的地區。

Investor engagement and market sentiment

投資者參與和市場情緒

A deeper look at investor behavior revealed that recent accumulation trends hinted at a mix of long-term holders absorbing supply and short-term traders rotating out at resistance levels. This dynamic is crucial in understanding the balance of selling and buying forces that will ultimately influence MKR's price direction.

對投資者行為的更深入的了解表明，最近的積累趨勢暗示了長期持有人吸收供應和短期交易者在阻力水平上旋轉的混合。這種動態對於理解銷售和購買力的平衡至關重要，這最終將影響MKR的價格方向。

As traders move in and out of positions, their actions are reflected in the shifting levels of token supply at specific price tiers. For instance, if a large cohort of traders sells at a specific price point, this action increases the amount of token supply held at that tier.

隨著貿易商進出位置，他們的行動反映在特定價格層的令牌供應水平的變化水平中。例如，如果大量交易者以特定的價格出售，則此操作將增加該層的令牌供應量。

Conversely, if buyers step in to absorb this selling pressure, their actions decrease the token supply at that price level. This constant interplay between buyers and sellers, traders and investors, shapes the fluidity of the Cost Basis Distribution model.

相反，如果買家介入以吸收這種銷售壓力，那麼他們的行動就會降低該價格水平的令牌供應。買賣雙方，貿易商和投資者之間的這種不斷相互作用塑造了成本基礎分銷模型的流動性。

This model provides valuable insights into the collective actions of market participants and offers clues about where support or resistance might form as the price trends up or down.

該模型為市場參與者的集體行動提供了寶貴的見解，並提供了有關在價格上漲或下降時支持或阻力可能形成的線索。

The implications for MKR's price trend will depend on whether this accumulation can continue to build.

對MKR價格趨勢的影響將取決於這種積累是否可以繼續建立。

The lower bound of this range will be crucial for traders to watch. If MKR manages to hold this level and buying pressure intensifies, the token could attempt another breakout towards $1,600–$1,700.

該系列的下限對於交易者觀看至關重要。如果MKR設法保持這一水平併購買壓力加劇，則代幣可能會嘗試再次突破1,600-1,700美元。

However, failure to maintain support at its press time levels could lead to a deeper correction below $1,200, where the next demand zone is likely to form.

但是，未能在其新聞時間水平上維持支持可能會導致更深層次的更正低於1,200美元，而下一個需求區可能會形成。

What’s next for MKR?

MKR的下一步是什麼？

Maker's price is at a crucial point, with its Cost Basis distribution highlighting key accumulation and distribution zones. The next move will depend on whether buyers can sustain demand in the $1,300–$1,500 range or if further downside is necessary to establish a new demand zone.

Maker的價格是至關重要的，其成本基礎分配突出了密鑰積累和分銷區。下一步將取決於買家是否可以在1,300-1500美元的範圍內維持需求，或者如果需要進一步的缺點來建立新的需求區域。

For traders and investors, monitoring the MFI, moving averages, and cost basis clusters will be essential in identifying trend shifts. If bullish momentum returns, a push above $1,400–$1,500 could open the door for a retest of $1,700.

對於貿易商和投資者，監視MFI，搬遷平均值和成本基群對於確定趨勢轉變至關重要。如果看漲的勢頭返回，則推動超過$ 1,400– $ 1,500的推動力可能會以1,700美元的重新測試打開大門。

However, sustained weakness may lead to a prolonged correction towards $1,200 or lower. As market conditions evolve, the response of MKR investors at key levels will be crucial in shaping its next major move.

但是，持續的弱點可能會導致更長的糾正，以$ 1200或更低。隨著市場狀況的發展，關鍵水平的MKR投資者的反應對於塑造其下一個重大舉措至關重要。