夏普比率可能意味著 Tron 現在過熱

數據顯示，Tron 夏普比率已迅速上升至過去被證明對 TRX 價值不利的區域。

The metric, which compares an asset’s return to its risk, has now entered ‘bearish' territory for TRX. Here's what it could mean for the cryptocurrency.

此指標比較資產的回報與其風險，目前已進入 TRX 的「看跌」區域。這對加密貨幣可能意味著什麼。

As explained by an analyst in a CryptoQuant Quicktake post, the 180-day of the Tron Sharpe Ratio is now flashing a red alert.

正如一位分析師在 CryptoQuant Quicktake 帖子中所解釋的那樣，Tron Sharpe 比率的 180 天現在正在發出紅色警報。

The “Sharpe Ratio” here refers to an indicator that compares the returns of a given asset with its risk.

這裡的「夏普比率」是指將給定資產的回報與其風險進行比較的指標。

Its value is calculated as the difference between the asset’s expected return and the risk-free rate of return, divided by the volatility. This metric tells us whether the returns of the commodity are worth the risk involved with it.

其價值計算為資產的預期報酬率與無風險報酬率之間的差額除以波動率。此指標告訴我們商品的報酬是否值得承擔其所涉及的風險。

Below is the chart shared by the quant that shows the trend in the 180-day version of the Sharpe Ratio for Tron over the last few years:

以下是這位量化分析師分享的圖表，顯示了過去幾年 Tron 夏普比率 180 天版本的趨勢：

As the above graph shows, the 180-day Tron Sharpe Ratio has recently observed some rapid growth and reached what has historically been the ‘red’ zone.

如上圖所示，180 天波場夏普比率最近出現了一些快速增長，並達到了歷史上的「紅色」區域。

In the chart, the quant has highlighted the instances of the metric breaching into this region during the last few years. TRX appears to have generally hit some top whenever the indicator’s value has risen this high.

在圖表中，量化分析師強調了過去幾年該指標突破該區域的實例。每當該指標的值上漲到如此高的水平時，TRX 似乎通常都會達到某個頂部。

In 2023, the coin hit a top around $0.07 when the Sharpe Ratio entered this zone. Following this, TRX observed another top at $0.05 in 2022 during a similar occurrence.

2023 年，當夏普比率進入該區域時，代幣觸及 0.07 美元左右的頂部。此後，TRX 在 2022 年發生類似事件時觀察到另一個頂部 0.05 美元。

However, it's worth noting that the indicator's value during the 2023 and 2022 tops was much higher than it is now. This suggests that the coin may not hit a top immediately, and it could continue to observe some more gains.

然而，值得注意的是，該指標在 2023 年和 2022 年見頂期間的值遠高於現在。這表明代幣可能不會立即見頂，並且可能會繼續觀察到更多漲幅。

The quant concludes by saying that while TRX may continue its upward trend in the short term, holding positions in a high-risk zone like this can be detrimental. The potential for gains becomes limited compared to the increased likelihood of a sharp pullback, making this an unfavorable situation for long-term strategies.

該量化分析師最後表示，雖然 TRX 短期內可能會繼續上漲趨勢，但在這樣的高風險區域持有部位可能是有害的。與大幅回調的可能性增加相比，上漲的潛力變得有限，這對長期策略來說是不利的情況。

It remains to be seen how the cryptocurrency price will develop from here on out, considering the trend that has emerged in its 180-day Sharpe Ratio.

考慮到 180 天夏普比率的趨勢，加密貨幣價格今後將如何發展仍有待觀察。

In some other news, the supply of Tether’s stablecoin, USDT, has recently witnessed considerable Tron network growth, as CryptoQuant community analyst Maartunn pointed out in an X post.

在其他一些消息中，正如 CryptoQuant 社群分析師 Maartunn 在 X 貼文中指出的那樣，Tether 穩定幣 USDT 的供應最近見證了 Tron 網路的大幅增長。

The USDT supply on Tron has gone from $47.75 billion to $65.7 billion over the past year, representing an increase of more than 37%. This rise naturally shows how interest in using the stablecoin has increased on the network.

過去一年，Tron 上的 USDT 供應量從 477.5 億美元增加到 657 億美元，成長超過 37%。這種增長自然表明網路上使用穩定幣的興趣有多大。

TRX Price

TRX價格

At the time of writing, Tron is priced at $0.019435. The coin has observed some decline during the last week, where TRX fell by 6%.

截至撰寫本文時，Tron 的價格為 0.019435 美元。該幣在上週出現了一些下跌，TRX 下跌了 6%。

Over the past month, the cryptocurrency managed to gain 31%, while over the last quarter, TRX is up by 106%.output

過去一個月，該加密貨幣上漲了 31%，而上個季度，TRX 上漲了 106%。