世界幣：市場悖論與投資者謹慎

世界幣 [WLD] 被低估，30 天 MVRV 比率為負表明了這一點。不過，由於短期偏空且現貨市場拋售壓力較大，投資人應謹慎行事。開發活動仍然令人鼓舞，但整體市場情緒較為悲觀，價格、未平倉合約和現貨 CVD 都出現下降。技術分析也顯示看跌趨勢，價格突破 78.6% 斐波那契回檔位，RSI 和 Chaikin 資金流顯示出強勁的看跌勢頭。

Worldcoin: Market Contradictions and Considerations for Investors

世界幣：市場矛盾及投資者考量因素

While Worldcoin [WLD] boasts a bullish market structure, recent developments have introduced bearish sentiment in the short term. To navigate this contradiction, it is imperative to delve into on-chain metrics and futures market data for a comprehensive understanding of the asset's dynamics.

雖然世界幣 [WLD] 擁有看漲的市場結構，但最近的事態發展在短期內引入了看跌情緒。為了解決這一矛盾，必須深入研究鏈上指標和期貨市場數據，以全面了解資產的動態。

Amidst Bitcoin's [BTC] struggle to regain momentum, the cryptocurrency landscape remains susceptible to volatility. Consequently, prudent risk management practices are paramount for investors seeking to identify favorable demand zones on higher timeframes.

在比特幣[BTC]努力恢復勢頭的同時，加密貨幣格局仍然容易受到波動的影響。因此，對於尋求在較長時間內確定有利需求區域的投資者來說，審慎的風險管理實踐至關重要。

Encouraging Development Activity

鼓勵發展活動

Remarkably, Worldcoin's development activity has witnessed a surge since March 16. This aligns with a modest uptick in the Mean Dollar Invested Age (MDIA), indicating a potentially bullish stance and the re-circulation of older coins.

值得注意的是，自 3 月 16 日以來，世界幣的開發活動激增。這與平均美元投資年齡 (MDIA) 的小幅上升相一致，表明潛在的看漲立場和舊代幣的重新流通。

Undervalued Asset in Bearish Sentiment

看跌情緒中資產被低估

The 30-day Market Value to Realized Value (MVRV) ratio has plummeted to levels unseen since January 22, suggesting an undervalued asset. However, investors should exercise caution before rushing into purchases during this dip.

30 天市值與已實現價值 (MVRV) 比率已暴跌至 1 月 22 日以來的最低水平，表明資產被低估。然而，投資者在這次下跌期間急於買入之前應謹慎行事。

Bearish Market Sentiment

市場情緒看跌

Both Open Interest and Worldcoin prices have declined since April 1, reflecting bearish sentiment without indicating significant short-selling activity. Speculators are adopting a wait-and-see approach.

自 4 月 1 日以來，未平倉合約和世界幣價格都出現下跌，反映出看跌情緒，但並未顯示有重大賣空活動。投機者正在採取觀望態度。

Spot CVD has been in a consistent downtrend for over a week, signaling sustained selling pressure in the spot market. This trend suggests a potential further decline in WLD.

現貨 CVD 一周多以來一直處於持續下降趨勢，顯示現貨市場持續面臨拋售壓力。這一趨勢表明 WLD 可能進一步下降。

Technical Analysis: Bearish Momentum

技術分析：看跌勢頭

Technical analysis reveals that the $4 region represents a crucial HTF support zone, likely to trigger a bullish reaction. However, if prices descend to this level, the daily timeframe will already exhibit a bearish market structure.

技術分析顯示，4 美元區域代表了關鍵的 HTF 支撐區域，可能引發看漲反應。然而，如果價格跌至這一水平，每日時間框架將已經呈現出看跌的市場結構。

The 78.6% Fibonacci retracement level has been breached. A daily session close below $5.6 could initiate a bearish reversal for swing traders.

78.6% 斐波那契回檔位已被突破。每日收盤價低於 5.6 美元可能會引發波段交易者的看跌逆轉。

Bearish Momentum Confirmed by Indicators

指標證實了看跌勢頭

The Relative Strength Index (RSI) has dropped below the neutral 50 mark over the past three days, indicating strong bearish momentum. The Chaikin Money Flow has also dipped below -0.05, further supporting this trend.

過去三天相對強弱指數（RSI）已跌破中性 50 關卡，顯示看跌勢頭強勁。 Chaikin 資金流量也跌破 -0.05，進一步支撐了這一趨勢。

Collectively, these indicators suggest significant capital outflows from Worldcoin markets, reinforcing the bearish outlook.

總的來說，這些指標顯示世界幣市場出現大量資本外流，強化了看跌前景。

Conclusion

結論

Investors should proceed with caution despite the undervaluation of Worldcoin. Short-term bearish sentiment, coupled with sustained selling pressure and bearish technical indicators, paints a cautious picture for the immediate future. Prudent risk management and a focus on identifying higher timeframe demand zones remain essential for informed decision-making.

儘管世界幣被低估，投資者仍應謹慎行事。短期看跌情緒，加上持續的拋售壓力和看跌的技術指標，為近期的未來描繪了一幅謹慎的景象。審慎的風險管理和專注於確定較長時間範圍的需求區域對於做出明智的決策仍然至關重要。