Onyxcoin（XCN）從其歷史最高的市場指標中下降57％，這是進一步的下行風險

自從1月26日達到其歷史高度0.049以來，Onyxcoin一直處於持續的下降趨勢。

Onyxcoin (XCN) has been persistently trending downward since reaching its new all-time high of $0.049 on January 26. At press time, the coin is trading at $0.015, having lost 57% of its value.

自從1月26日達到其新歷史最高高點以來，Onyxcoin（XCN）一直持續下降。在發稿時，硬幣的交易價格為0.015美元，損失了其價值的57％。

With mounting bearish pressure, the decline may not be over as market indicators signal further downside risks.

隨著看跌壓力的增加，由於市場指標表明進一步的下行風險，因此下降可能不會結束。

XCN Faces Heavy Sell Pressure

XCN面臨沉重的賣壓力

The steady outflows from XCN's spot markets over the past month reflect the increased selling activity among its investors. According to data from Coinglass, in February, the altcoin only recorded four days of inflows, which totaled just $3.5 million. Conversely, XCN spot outflows exceeded $15 million during the same period.

在過去一個月中，XCN現貨市場的穩定流出反映了其投資者的銷售活動的增加。根據Coinglass的數據，2月，AltCoin僅記錄了四天的流入，總計僅350萬美元。相反，XCN斑點流出在同一時期超過1500萬美元。

Outflows from the XCN spot markets have reached $6.45 million so far this month. When an asset records significant spot outflows like this, its investors are selling their holdings.

XCN現貨市場的流出量已經達到本月迄今為止的645萬美元。當資產記錄這樣的大量現場流出時，其投資者正在出售其持股。

This trend indicates that profit-taking is significant among XCN traders. It is a sign that there is no new demand for the altcoin, potentially lowering its prices in the short term.

這種趨勢表明，XCN交易者的利潤很重要。這表明對Altcoin沒有新的需求，可能會在短期內降低其價格。

Moreover, its funding rate has been predominantly negative since the beginning of the year, highlighting the bearish bias toward XCN.

此外，自今年年初以來，其資金率主要是負面的，強調了對XCN的看跌偏見。

This periodic fee is exchanged between long and short traders in perpetual futures contracts. It is designed to keep contract prices aligned with the spot market. When persistently negative like this, it means short positions are dominant, indicating traders are betting on further price declines, which can further reinforce bearish sentiment.

這種週期性的費用是在永久期貨合約中的長交易者和短交易者之間交換的。它旨在使合同價格與現貨市場保持一致。當像這樣的持續負面時，這意味著短職位是占主導地位的，表明貿易商正在押注進一步的價格下降，這可以進一步增強看跌的情緒。

On the daily chart, XCN remains within the descending parallel channel it has traded within since January 26. This bearish pattern is formed when an asset's price moves between two downward-sloping parallel trendlines, indicating a sustained downtrend. The pattern suggests that XCN sellers are in control. A drop below the lower trend line, which forms support, hints at further downside. If this happens, XCN's price could drop to $0.0075.

在每日圖表上，XCN保持自1月26日以來一直在其境內交易的降序平行渠道內。當資產的價格在兩個下降的平行趨勢線之間移動時，就會形成這種看跌模式，這表明持續下降。該模式表明XCN賣家正在控制。較低趨勢線以下的下降趨勢是形成支持的，暗示了進一步的缺點。如果發生這種情況，XCN的價格可能會降至0.0075美元。

However, a bullish resurgence in the XCN market could prevent this. If new demand soars, the token's value could climb to $0.022.

但是，在XCN市場上的看漲興起可以阻止這種情況。如果新需求飆升，代幣的價值可能會攀升至0.022美元。