Stellar（XLM）令牌價格在過去一周中顯著增加了6％

Stellar的XLM令牌在過去一周中顯著增加了6％，目前的交易價格為0.28美元，因為更廣泛的加密貨幣市場經歷了恢復。

Stellar’s (XLM) has seen a notable increase of 6% over the past week, currently trading at $0.28 as the broader cryptocurrency market experiences a recovery. However, while the token has been gaining momentum, a key technical indicator is signaling that the rally may not be sustainable, suggesting that a price reversal could be in sight.

Stellar（XLM）在過去一周中顯著增長了6％，目前的交易價格為0.28美元，因為更廣泛的加密貨幣市場經歷了恢復。但是，儘管代幣一直在增強動力，但一個關鍵的技術指標表明，集會可能是不可持續的，這表明價格逆轉可能會看到。

Investors holding XLM should be aware of the warning signs flashing in the market.

持有XLM的投資者應意識到市場上閃爍的警告信號。

XLM’s Recent Gains

XLM最近的收益

In the last seven days, XLM’s price has been climbing alongside the overall crypto market, benefiting from the positive sentiment rolling through the digital asset space. The altcoin’s performance has been a welcome sight to investors after a period of stagnation.

在過去的七天中，XLM的價格一直在整個加密貨幣市場並肩上攀升，這受益於數字資產空間的積極情緒。經過一段時間，山寨幣的表現對投資者來說是一個受歡迎的景象。

However, despite this positive movement, XLM may face challenges in maintaining its upward trajectory.

但是，儘管採取了積極的運動，XLM仍可能在保持其向上軌跡方面面臨挑戰。

Bearish Divergence With Chaikin Money Flow

看跌與chaikin貨幣流的分歧

One critical indicator that suggests XLM’s rally could be short-lived is the bearish divergence forming with the Chaikin Money Flow (CMF). The CMF measures the buying and selling pressure in an asset by evaluating price movements and volume.

表明XLM集會可能短暫的一個關鍵指標是與Chaikin貨幣流（CMF）形成的看跌差異。 CMF通過評估價格變動和數量來衡量資產中的買賣壓力。

Currently, while XLM’s price has been going up, the CMF has been going down and remains below the zero line at -0.10. This divergence indicates that, although the price is rising, there is weaker buying pressure behind the move.

目前，雖然XLM的價格上漲，但CMF一直在下降，並且在-0.10的零線以下。這種差異表明，儘管價格上漲，但此舉背後的購買壓力較弱。

Essentially, fewer investors are supporting the price increase with fresh capital, which makes the uptrend potentially unsustainable. In such a scenario, the token could experience a reversal or correction if the divergence continues to widen.

從本質上講，較少的投資者支持新鮮資本的價格上漲，這使上升趨勢可能無法可持續。在這種情況下，如果差異繼續擴大，則令牌可能會經歷逆轉或更正。

XLM’s Funding Rate Turns Negative

XLM的資金率變負

In addition to the bearish divergence with the CMF, another concerning development for XLM holders is the negative funding rate. The funding rate for XLM has turned negative for the first time in six days, signaling a growing bearish sentiment in the market. At the time of writing, the funding rate stands at -0.0018%.

除了看跌與CMF的看跌差異外，XLM持有人的發展另一個是負資金率。 XLM的籌資率在六天內首次變成負面，這表明市場上的看跌期權日益增長。在撰寫本文時，資金率為-0.0018％。

A negative funding rate occurs when traders who open short positions are paying a premium to those who open long positions. In essence, short traders are becoming more dominant and are willing to pay to maintain their bearish bets.

當公開短職位的交易者向那些開放長位的人支付溢價時，就會發生負資金率。從本質上講，短交易者變得越來越占主導地位，並願意為保持看跌賭注而付出代價。

This shift to a predominantly short-selling market indicates that more traders are betting on the price of XLM to decline. This growing dominance of short positions, in turn, puts more pressure on the token’s price to move downwards.

向主要賣空市場的轉變表明，越來越多的貿易商押注XLM的價格下降。反過來，短職位的這種越來越多的統治地位給令牌的價格帶來了更大的壓力。

If the negative sentiment persists, XLM’s price could face significant downward pressure, making a reversal more likely.

如果負面情緒持續存在，XLM的價格可能會面臨巨大的下降壓力，從而使逆轉更大。

XLM Price Prediction: Risk of Further Decline

XLM價格預測：進一步下降的風險

XLM’s price has been in a sustained downtrend since reaching a three-year high of $0.63 in November. Since then, the token has experienced a sharp 55% decline, and it now trades within a descending parallel channel. This channel indicates that XLM is still trapped in a bearish structure, which could lead to further losses.

XLM的價格自11月達到三年高0.63美元以來一直處於持續下降趨勢。從那以後，令牌下降了55％，現在在下降的平行渠道內進行了交易。該通道表明XLM仍然被困在看跌結構中，這可能導致進一步的損失。

If the bearish momentum continues, XLM could potentially breach the lower trendline of the descending channel. Such a move would place the token at risk of dropping to around $0.23, representing a further 17% decline from its current level.

如果看跌勢頭繼續，XLM可能會違反下降渠道的較低趨勢線。這樣的舉動將使令牌風險下降到0.23美元左右，而目前的水平又下降了17％。

Additionally, if the negative divergence and bearish sentiment persist, the likelihood of this significant price drop increases.

此外，如果負面的差異和看跌情緒持續存在，則價格下降的可能性會增加。

Possible Bullish Scenario

可能的看漲場景

Despite the negative technical indicators, there is still a possibility for XLM to turn the tide. If accumulation resumes, XLM could break past the immediate resistance level at $0.30. A successful move above this level would open the door for the altcoin to attempt a rally towards the $0.41 resistance.

儘管有負面的技術指標，但XLM仍然有可能扭轉潮流。如果累積恢復，XLM可能會以0.30美元的價格突破立即的阻力水平。超過此級別的成功舉動將為Altcoin試圖朝著0.41美元的電阻進行集會打開大門。

However, for this bullish scenario to unfold, the broader market sentiment would need to remain positive, and XLM would need to regain the support of investors. Until then, the token’s bearish divergence and negative funding rate remain concerns for those holding XLM.

但是，為了使這種看漲的情況發展，更廣泛的市場情緒將保持積極的態度，而XLM將需要重新獲得投資者的支持。在此之前，對於那些持有XLM的人來說，令牌的看跌差異和負資金率仍然是關注的問題。