儘管穩定更廣泛的加密市場

儘管穩定更廣泛的加密貨幣市場，Onyxcoin（XCN）仍面臨持續的價格下降。加密貨幣曾經表現出承諾，未能擺脫其最近的下降趨勢

Onyxcoin (XCN) price has faced continued price declines despite a stabilizing broader crypto market. The cryptocurrency, once showing promise with its rapid price gains earlier in 2023, has failed to break out of its recent downtrend, and its inability to do so is leaving investors skeptical of a recovery.

儘管穩定更廣泛的加密貨幣市場，但Onyxcoin（XCN）的價格仍處於持續的價格下降。加密貨幣曾經在2023年早些時候以其快速價格上漲表現出承諾，但未能擺脫其最近的下降趨勢，其無能為力就是使投資者懷疑恢復。

This negative momentum is reflected in the Chaikin Money Flow (CMF) indicator, which shows a buildup of outflows over the past few weeks, with the most significant increase hitting a 7-month high. This suggests that XCN holders are becoming more cautious, pulling funds as they lose confidence in the cryptocurrency’s short-term prospects.

這種負動量反映在Chaikin貨幣流（CMF）指標中，該指標顯示了過去幾周流出的堆積，最顯著的增加達到了7個月的高點。這表明XCN持有人在對加密貨幣的短期前景失去信心時會變得越來越謹慎。

However, despite some positive movements in the broader market, which is slowly shifting from a strong selloff to a period of consolidation, Onyxcoin has not benefitted from the trend. This investor behavior suggests that, without a significant shift in sentiment, the altcoin may continue to struggle to find upward momentum.

但是，儘管在更廣泛的市場中有一些積極的變化，該市場正在逐漸從強大的拋售到一段鞏固時期，但Onyxcoin並未從趨勢中受益。這種投資者的行為表明，如果沒有重大的情感轉變，山寨幣可能會繼續努力尋找向上的動力。

Onyxcoin Investors Are Skeptical

Onyxcoin投資者持懷疑態度

The Network Value to Transactions (NVT) Ratio for Onyxcoin recently hit a two-month high, signaling potential overvaluation. The NVT ratio, which compares network activity to transaction activity, integrates the total value of the network, in this case, the total market cap of Onyxcoin, to the transactional volume over a specific period.

Onyxcoin的網絡價值（NVT）比率最近達到了兩個月高的信號電位高估。將網絡活動與交易活動進行比較的NVT比率整合了網絡的總價值，在這種情況下，Onyxcoin的總市值與特定時期內的交易量。

This increase suggests that the hype surrounding XCN is not being matched by actual transactional support. When network activity, measured by market cap, significantly outpaces transactional volume, it often precedes corrections or periods of consolidation.

這一增加表明，XCN周圍的炒作與實際交易支持不匹配。當通過市值衡量的網絡活動大大超過交易量時，它通常在校正或合併期間之前。

This situation indicates that while Onyxcoin may be receiving attention in the market, that interest has not translated into tangible support. This lack of alignment between market enthusiasm and actual trading suggests that XCN is not currently positioned for strong growth.

這種情況表明，儘管Onyxcoin可能會在市場上受到關注，但這種興趣並未轉化為有形的支持。市場熱情與實際交易之間缺乏一致性表明，XCN目前尚未為強勁的增長而定位。

XCN Price Depends On Broader Market Cues

XCN價格取決於更廣泛的市場提示

Onyxcoin’s price is currently testing the lower edge of its descending channel pattern, with crucial support holding at $0.0120. A slip below this level could see the altcoin retest the $0.0100 support, delaying any signs of recovery.

Onyxcoin的價格目前正在測試其下降頻道模式的下邊緣，至關重要的支撐量為0.0120美元。低於此級別的單據可能會使Altcoin重新測試$ 0.0100的支持，從而延遲恢復的任何跡象。

If the broader market shows no immediate signs of facilitating a strong recovery for XCN, then a continuation of the downtrend seems more likely. With the Chaikin Money Flow showing a buildup of outflows and the NVT Ratio reaching a two-month high, the technical indicators also suggest that XCN’s price may come under further pressure before any significant gains can be made.

如果更廣泛的市場沒有立即促進XCN的良好復甦的跡象，那麼下降趨勢的延續似乎更有可能。隨著Chaikin的貨幣流量顯示出流出的積累，NVT比率達到了兩個月的高度，技術指標還表明，XCN的價格可能會面臨進一步的壓力，然後才能取得重大收益。

For the bearish outlook to be invalidated, we would need to see Onyxcoin reclaim $0.0120 as support and break free from its current channel pattern. A rise above $0.0150 could signal a recovery and lead to further gains, but until then, the altcoin remains at risk of further declines.

為了使看跌的前景無效，我們需要看到Onyxcoin回收$ 0.0120作為支持，並擺脫當前的頻道模式。高於$ 0.0150的上升可能標誌著恢復並導致進一步的增長，但在那之前，山寨幣仍處於進一步下降的危險中。