鲸鱼大规模抛售后卡尔达诺（ADA）面临压力

在大持有者（也称为鲸鱼）大规模抛售之后，卡尔达诺 [ADA] 面临压力。过去48小时内，这些鲸鱼卖出了超过7000万枚ADA

Cardano [ADA] price dropped sharply on 28 February after a massive sell-off by large holders, or whales. Over the past 48 hours, these whales sold over 70 million ADA, pushing the price down. At the time of writing, ADA was priced at $0.9071, showing a 4% decrease in the past 24 hours. As the price continues to fall, many are wondering if Cardano can hold its key support level or if the price will drop further.

在大持有者或鲸鱼大规模抛售后，卡尔达诺 [ADA] 价格于 2 月 28 日大幅下跌。在过去的 48 小时内，这些鲸鱼卖出了超过 7000 万枚 ADA，推动价格下跌。截至撰写本文时，ADA 价格为 0.9071 美元，过去 24 小时内下跌 4%。随着价格持续下跌，许多人想知道卡尔达诺是否能守住其关键支撑位，或者价格是否会进一步下跌。

Here's a closer look at how the whale sell-off impacted several key metrics for ADA.

下面详细介绍了鲸鱼抛售如何影响 ADA 的几个关键指标。

As mentioned earlier, the large-scale selling of ADA by whales often leads to lower prices. This sell-off caused ADA's market cap to decrease by 6.08%, bringing it down to $32.87 billion.

正如前面提到的，鲸鱼大规模出售 ADA 往往会导致价格下降。此次抛售导致 ADA 市值下跌 6.08%，至 328.7 亿美元。

Another important metric, called the Stock-to-Flow (S2F) ratio, dropped from 291.37 to 288.50. This ratio is used to measure the scarcity of an asset, and the decrease indicates a decline in investor confidence in the token.

另一个重要指标，即库存流量 (S2F) 比率，从 291.37 下降至 288.50。该比率用于衡量资产的稀缺性，下降表明投资者对该代币的信心下降。

Furthermore, traders in the derivatives market also showed decreasing optimism. For instance, Binance's Funding Rate, which measures the amount traders are willing to pay to maintain positions, fell from 0.01% to 0.0055%. Similarly, on DYDX, the Funding Rate also dropped, moving from 0.000334 to 0.000057.

此外，衍生品市场交易者的乐观情绪也有所下降。例如，币安的资金费率（衡量交易者愿意为维持仓位支付的金额）从 0.01% 下降至 0.0055%。同样，在 DYDX 上，资金费率也下降，从 0.000334 降至 0.000057。

Lastly, a metric called the MVRV Ratio, which indicates whether holders are experiencing profit or loss, also decreased from 0.92 to 0.769. This ratio shows that as the price continues to fall, a large number of ADA holders are facing losses.

最后，一个名为 MVRV 比率的指标（表明持有者是否盈利或亏损）也从 0.92 下降至 0.769。这一比率表明，随着价格持续下跌，大量 ADA 持有者面临损失。

To summarize, the whale sell-off had a significant impact on several key metrics for ADA, pushing the price down and indicating a loss in investor confidence and optimism. As the price approaches a crucial support level, the next steps will be critical in determining ADA's future trajectory.

总而言之，鲸鱼抛售对 ADA 的几个关键指标产生了重大影响，压低了价格，表明投资者信心和乐观情绪丧失。随着价格接近关键支撑位，接下来的步骤对于确定 ADA 的未来轨迹至关重要。

Can Cardano ADA Bounce Back?

卡尔达诺 ADA 能否反弹？

As the price of ADA continues to fall, it approaches a crucial support level of $0.8335. This price point becomes highly significant as it could potentially prevent ADA from dropping further. If a sufficient number of buyers emerge at this level, the price may experience a bounce-back. However, if ADA drops below this support, the price could continue to fall to lower levels.

随着 ADA 价格持续下跌，其接近 0.8335 美元的关键支撑位。这个价格点变得非常重要，因为它可能会阻止 ADA 进一步下降。如果在这个水平上出现足够数量的买家，价格可能会出现反弹。然而，如果 ADA 跌破该支撑位，价格可能会继续跌至更低水平。

For ADA to experience a recovery, several crucial developments are necessary. First and foremost, the whale sell-off needs to cease, allowing the selling pressure to subside. Once this occurs, new buyers must step in and show an interest in purchasing ADA at lower prices. Without these changes, a rapid recovery may be unlikely.

ADA 要经历复苏，需要几个关键的发展。首先也是最重要的是，鲸鱼抛售需要停止，让抛售压力消退。一旦发生这种情况，新买家必须介入并表现出以较低价格购买 ADA 的兴趣。如果没有这些改变，快速恢复可能是不可能的。

VR Soldier Thoughts

VR士兵的想法

As the VR Soldiers, we observe Cardano's situation at a critical juncture. The whale sell-off has created substantial selling pressure, but it also presents an opportunity for new buyers to enter at lower price points. If ADA manages to hold above the key support level of $0.8335, it could potentially regain investor confidence and begin a price recovery. However, the bearish momentum and lack of strong buying interest make this path challenging.

作为VR士兵，我们在关键时刻观察卡尔达诺的处境。鲸鱼的抛售造成了巨大的抛售压力，但也为新买家提供了以较低价格进入的机会。如果 ADA 能够守住 0.8335 美元的关键支撑位，它可能会重新获得投资者的信心并开始价格复苏。然而，看跌势头和缺乏强劲的购买兴趣使这条道路充满挑战。

For now, caution is paramount as the market searches for signs of stability. We always emphasize the importance of conducting thorough research and making decisions that align with your own analysis and risk tolerance. This serves as a friendly reminder that the information provided here is not intended as financial advice.

目前，随着市场寻找稳定迹象，谨慎是最重要的。我们始终强调进行彻底研究并做出符合您自己的分析和风险承受能力的决策的重要性。这是一个友好的提醒，此处提供的信息并非旨在作为财务建议。