POPCAT 價格分析：Memecoin 是否會進一步下跌？

本月早些時候，更廣泛的加密市場大幅上漲。因此，市場上的大多數模因幣都飆升至近期新高和 ATH。

Earlier this month, the crypto market at large registered a major upswing. As a result, most of the market’s memecoins surged to hit recent new highs and all-time highs (ATHs).

本月早些時候，整個加密貨幣市場大幅上漲。結果，市場上的大多數模因幣飆升，創下近期新高和歷史新高（ATH）。

POPCAT was no different, with the altcoin hiking to hit a new ATH of $2.07 on the charts.

POPCAT 也不例外，山寨幣在排行榜上飆升至 2.07 美元的新高。

However, since then, the memecoin has seen a strong trend reversal – A sign of a potential downtrend.

然而，從那時起，模因幣出現了強烈的趨勢逆轉——這是潛在下降趨勢的跡象。

At the time of writing, POPCAT was trading at $1.72 following a 5.37% decline over the last 24 hours. What this suggested was that after hitting $2.07 three days ago, the memecoin declined by 22.71%.

截至撰寫本文時，POPCAT 的交易價格為 1.72 美元，在過去 24 小時內下跌了 5.37%。這表明，在三天前觸及 2.07 美元後，memecoin 下跌了 22.71%。

Prior to the same, the crypto had been on an upward trajectory. It had risen by 19.55% on the weekly charts and by 24.64% on the monthly charts.

在此之前，加密貨幣一直處於上升軌道。週線圖上漲19.55%，月線圖上漲24.64%。

Hence, the question – Is the decline a mere correction or is the market set for a further downtrend?

因此，問題是──這次下跌只是一次調整還是市場即將進一步下跌？

What does POPCAT’s chart say?

POPCAT 的圖表說明了什麼？

According to AMBCrypto’s analysis, POPCAT, at press time, was noting a shift in market sentiment from bullish to bearish thanks to rising selling pressure.

根據 AMBCrypto 的分析，截至發稿時，POPCAT 注意到，由於拋售壓力上升，市場情緒從看漲轉向看跌。

Such a shift can be evidenced by the fact that POPCAT’s Relative Strength Index (RSI) declined from 66 to 53 over the last 7 days. Also, the RSI-based MA flashed a bearish crossover to sit above its RSI at 56.

POPCAT 的相對強弱指數 (RSI) 在過去 7 天內從 66 下降至 53，這一事實可以證明這種轉變。此外，基於 RSI 的 MA 出現看跌交叉，位於 RSI 56 上方。

This suggested that the memecoin is currently facing strong selling pressure and sellers have been dominating the market. A hike in selling pressure often leads to a price decline on the charts.

這表明 memecoin 目前面臨強大的拋售壓力，賣家一直主導著市場。拋售壓力的增加通常會導致圖表上的價格下跌。

The risk of a price decline can be further evidenced by a declining +DI, with the same dropping to 17 after a bearish crossover left the ADX at 24. This implied that the altcoin’s uptrend lost some momentum while bearish pressure across the market strengthened.

價格下跌的風險可以透過 +DI 的下降得到進一步證明，在看跌交叉使 ADX 為 24 後，+DI 下降至 17。

Additionally, this selling pressure can be seen in the form of greater inflows into exchanges.

此外，這種拋售壓力可以透過更多資金流入交易所的形式體現出來。

In fact, according to Coinglass data, spot netflows have remained positive over the last 4 days. This suggested that investors have been transferring their assets into exchanges to sell, especially to maximize profits.

事實上，根據 Coinglass 數據，過去 4 天現貨淨流量一直保持正值。這表明投資者一直在將資產轉移到交易所出售，尤其是為了利潤最大化。

A shift in market sentiment can also be seen among short position holders, with this cohort seemingly dominating the market right now.

空頭部位持有者也可以看到市場情緒的轉變，這群目前似乎主導著市場。

The long/short ratio also revealed that most investors are now betting on the price to decline.

多空比率也顯示，大多數投資者現在押注價格會下跌。

Finally, this market dynamic can be seen with liquidations for long positions too, with the same surging over the past week.

最後，這種市場動態也可以從多頭部位的清算看出，過去一週的清算也同樣激增。

Longs have been forcefully liquidated from their positions – A trend that has persisted for a while now. When long position holders lack confidence in the trend, they avoid paying premiums to hold their positions. By doing so, they close their positions or are forced out.

多頭頭寸已被強制平倉——這種趨勢已經持續了一段時間。當多頭部位持有者對趨勢缺乏信心時，他們會避免支付溢價來持有頭寸。透過這樣做，他們會平倉或被迫出局。

What next for the memecoin?

模因幣的下一步是什麼？

In conclusion, the altcoin’s market pointed to a decline in the short term. Therefore, if this sentiment holds, POPCAT’s price will find its next critical support around $1.37.

總之，山寨幣市場短期內將下跌。因此，如果這種情緒持續下去，POPCAT 的價格將在 1.37 美元附近找到下一個關鍵支撐。

However, if bulls can regain the market, this decline will be a mere pullback and push the price back towards $1.97. Resistance will be insignificant above this level and thus, the memecoin might hit another ATH on the charts.

然而，如果多頭能夠重新佔領市場，那麼這次下跌將只是一次回調，並將價格推回 1.97 美元。高於該水平的阻力將微不足道，因此，memecoin 可能會觸及圖表上的另一個 ATH。