Axelar (AXL) 价格暴跌没有任何缓解的迹象，链上指标暗示未来还会有更多痛苦

Axelar 是一个可编程区块链互操作平台，股票代码为 AXL，截至发稿时连续三天下跌至 0.6152 美元

Axelar (AXL) has seen three days of continuous losses, bringing its price down to $0.6152 at press time, according to data from Binance. The altcoin’s recent slump began on Dec. 16, during which time it has lost 40% of its value.

根据币安的数据，Axelar (AXL) 已连续三天下跌，截至发稿时其价格跌至 0.6152 美元。该山寨币最近的暴跌始于 12 月 16 日，在此期间其价值损失了 40%。

Over the past month, the cryptocurrency has seen a 27.8% decrease in its price, falling from $1.02 on Dec. 4 to $0.6152 at press time on Jan. 8. Several on-chain metrics hint at the possibility of further downward pressure on the asset.

过去一个月，该加密货币的价格下跌了 27.8%，从 12 月 4 日的 1.02 美元跌至 1 月 8 日发稿时的 0.6152 美元。多项链上指标暗示该资产可能面临进一步下行压力。

Among these metrics is the total value locked within the Axelar DeFi ecosystem, which has seen a significant drop of over 27% in the past 30 days.

这些指标中包括 Axelar DeFi 生态系统中锁定的总价值，在过去 30 天内大幅下降了 27% 以上。

As of Dec. 18, the project’s TVL stood at $367 million, but according to data from DeFiLlama, it had fallen to $254 million at the time of writing. This decline is a sign of reduced user activity and waning investor confidence.

截至 12 月 18 日，该项目的 TVL 为 3.67 亿美元，但根据 DeFiLlama 的数据，在撰写本文时已降至 2.54 亿美元。这种下降表明用户活动减少和投资者信心减弱。

Furthermore, on-chain data from CoinGlass showed that AXL traders have been ramping up their net exchange flows over the past week.

此外，CoinGlass 的链上数据显示，AXL 交易者在过去一周一直在增加净交易流量。

As traders move their holdings to exchanges, it could indicate their intention to either sell their assets due to declining confidence in the project or to reallocate funds into other projects, which might lead to a price correction in the short term.

当交易者将其持有的资产转移到交易所时，这可能表明他们打算由于对项目的信心下降而出售资产，或者将资金重新分配到其他项目，这可能会导致短期内价格调整。

Lastly, social sentiment surrounding the altcoin has also turned bearish, with its weighted sentiment currently at -0.818, highlighting increased pessimism among traders.

最后，围绕山寨币的社会情绪也变得看跌，其加权情绪目前为-0.818，突显交易者的悲观情绪加剧。

Demand among derivative traders for AXL has also dwindled over the last five days. According to CoinGlass, the open interest in AXL futures dropped from $19.9 million on Dec. 4 to $10.44 million at the time of writing.

过去五天里，衍生品交易商对 AXL 的需求也有所下降。据 CoinGlass 称，AXL 期货的未平仓合约从 12 月 4 日的 1990 万美元下降至撰写本文时的 1044 万美元。

Another factor contributing to AXL's recent decline is the prevailing risk-off sentiment, driven by the Federal Reserve’s hawkish stance on interest rate cuts and rising U.S. bond yields, which have unsettled both traditional and crypto markets.

导致 AXL 最近下跌的另一个因素是普遍存在的避险情绪，这是由美联储在降息和美国债券收益率上升方面的强硬立场推动的，这让传统市场和加密市场都感到不安。

Bitcoin’s (BTC) recent drop below $100,000 has further intensified losses in the altcoin market, where volatility and downside risk are typically more pronounced.

比特币 (BTC) 最近跌破 10 万美元，进一步加剧了山寨币市场的损失，该市场的波动性和下行风险通常更为明显。

On the 1-day AXL/USD price chart, the Moving Average Convergence Divergence indicator showed the MACD line (blue) crossing under the signal line (orange), which indicates a bearish price reversal in the short term.

在 1 日 AXL/USD 价格图表上，移动平均线收敛背离指标显示 MACD 线（蓝色）穿过信号线（橙色）下方，这表明短期内价格出现看跌反转。

This is further confirmed by both lines of the price oscillator pointing downwards and the Supertrend line above the price at press time.

截至发稿时，价格震荡指标的两条线均指向下方，而超级趋势线均位于价格之上，这进一步证实了这一点。

Additionally, the Chaikin Money Flow Index showed a reading of -0.11, indicating mild bearish momentum as selling activity slightly outweighed buying pressure in the market.

此外，柴金资金流量指数显示为-0.11，表明市场有温和的看跌势头，因为抛售活动略大于买盘压力。

However, the token could find some relief as whales have shown increased interest in AXL at current price levels. Between Jan. 6 and Jan. 8, whale wallet inflows rose from 128.48k tokens to 2.59 million. Retail investors could follow suit, as whale investments are often perceived as a bullish signal.

然而，随着鲸鱼在当前价格水平上对 AXL 表现出越来越大的兴趣，该代币可能会有所缓解。 1 月 6 日至 8 日期间，鲸鱼钱包流入量从 128,480 个代币增加到 259 万个。散户投资者可以效仿，因为鲸鱼投资通常被视为看涨信号。

Furthermore, the altcoin could recover if Bitcoin stages a strong rebound from its recent losses ahead of President-elect Donald Trump’s inauguration in late January.

此外，如果比特币在当选总统唐纳德·特朗普 (Donald Trump) 1 月底就职之前从最近的损失中强劲反弹，那么山寨币可能会复苏。