儘管市場低迷，BNB 和 AAVE 仍保持結構性看漲

較大的加密貨幣市場的市值最近一直在下降，下降了 2.06% 至 3.33 兆美元。然而，更廣泛的分析

The cryptocurrency market has seen a decline in capital inflows, which is a sign of lack of active investment. According to Glassnode, capital inflows have dropped from $134 billion on 10 December to $100 billion at the time of writing. This downturn in capital inflows is usually a sign that the market lacks bullish sentiment for a majority of cryptocurrencies. Instead, investors appear to favor holding stable assets rather than purchasing volatile tokens. This would reinforce bearish market sentiment and increase the likelihood of sustained declines.

加密貨幣市場資本流入下降，這是缺乏積極投資的跡象。根據 Glassnode 的數據，資本流入已從 12 月 10 日的 1,340 億美元下降至撰寫本文時的 1,000 億美元。資本流入的下降通常表示市場對大多數加密貨幣缺乏看漲情緒。相反，投資者似乎更傾向於持有穩定的資產，而不是購買波動較大的代幣。這將強化看跌的市場情緒並增加持續下跌的可能性。

However, some tokens can be expected to maintain their bullish momentum and potentially outperform the broader market. BNB, for instance, remains one of the best-performing cryptocurrency assets of 2024, having achieved two all-time highs within the year. After its previous peak of $691.77 in 2021, BNB surpassed this level in June 2024, hitting $721.80 on the charts. By December 2024, it set another record, trading at $793.86.

然而，一些代幣預計將保持看漲勢頭，並可能跑贏大盤。例如，BNB 仍然是 2024 年表現最好的加密貨幣資產之一，在一年內創下了兩項歷史新高。在 2021 年達到 691.77 美元的上一個峰值後，BNB 在 2024 年 6 月突破了這一水平，在圖表上觸及 721.80 美元。到 2024 年 12 月，它又創下了紀錄，交易價格為 793.86 美元。

At the time of writing, BNB seemed to be in an accumulation phase, as indicated by its chart patterns. If the token exits this phase, it could ignite another rally, with a strong possibility of surpassing its previous high and targeting levels above $800.

截至撰寫本文時，BNB 似乎正處於吸籌階段，正如其圖表模式所顯示的那樣。如果該代幣退出此階段，它可能會引發另一次反彈，很有可能超越先前的高點，目標價位高於 800 美元。

Another token that has remained structurally bullish on the price chart is AAVE. After months of market consolidation, the asset broke out in January, rallying by 332.78% to hit $399.85 – A level last seen in 2021.

價格圖表上保持結構性看漲的另一個代幣是 AAVE。經過數月的市場整合，該資產在 1 月爆發，上漲 332.78%，達到 399.85 美元，這是 2021 年最後一次出現的水平。

AAVE also achieved a new all-time high for its Total Value Locked (TVL) on 17 December, peaking at $23.19 billion. However, its TVL has since recorded a minor pullback to $20.63 billion. This slight dip suggested that AAVE remains fundamentally bullish, especially as activity on its protocol continues to grow.

AAVE 的總鎖定價值 (TVL) 也在 12 月 17 日創下歷史新高，達到 231.9 億美元。然而，其 TVL 此後小幅回落至 206.3 億美元。這種小幅下跌表明 AAVE 從根本上仍然看漲，特別是隨著其協議的活動持續增長。

If the TVL stabilizes or increases, AAVE’s price is likely to extend its upward momentum. Especially since it’s central in driving the platform’s operations.

如果 TVL 穩定或增加，AAVE 的價格可能會延續其上漲勢頭。特別是因為它是推動平台營運的核心。

One key requirement for an altseason rally to materialize is a decline in Bitcoin Dominance, a metric that compares Bitcoin’s performance to other altcoins in the market. At the time of writing, CoinMarketCap reported that Bitcoin Dominance fell slightly by 0.18%, dropping to 56.94%.output

山寨季反彈實現的關鍵要求是比特幣主導地位的下降，這是一項將比特幣與市場上其他山寨幣的表現進行比較的指標。截至撰寫本文時，CoinMarketCap 報告稱，比特幣主導地位小幅下降 0.18%，降至 56.94%。