Fartcoin [Fartcoin]崩溃了16.57％至$ 0.7592，Smart Money退出了代币倾销500万美元

Fartcoin [Fartcoin]面临着巨大的销售，在24小时内崩溃了16.57％至0.7592美元。陡峭的下降是在智能货币大量退出之后，一天内就卖出了价值超过500万美元的代币。

The cryptocurrency markets saw red on Wednesday morning in Asia, tracking declines in the U.S. equities overnight. Dow futures fell over 200 points as optimism over a potential pause in interest rates was countered by a mixed bag of earnings from major companies.

加密货币市场在周三上午在亚洲看到红色，跟踪在美国股票的一夜之间下降。陶氏期货（Dow Futures）在利率的潜在停顿中的乐观情绪被主要公司的收入混合反对。

Among the cryptocurrencies, Fartcoin saw an 16.57% drop in the past 24 hours, falling to $0.7592 by 07:18. According to data from Token Terminal, smart money offloaded over $5 million of FARTCOIN in a single day, making it the most offloaded token by institutional and seasoned wallets.

在加密货币中，Fartcoin在过去24小时内下降了16.57％，下降到07:18 $ 0.7592。根据Token Terminal的数据，Smart Money一天内卸载了超过500万美元的Fartcoin，这使其成为机构和经验丰富的钱包最多的卸载令牌。

However, in a surprising move, a high-profile whale, who previously lost $701K on the token, decided to reinvest, buying 2.22 million Fartcoin at $0.89. That trade has already led to an unrealized loss of around $297K.

然而，令人惊讶的是，一只备受瞩目的鲸鱼以前在代币上损失了701k美元，决定重新投资，以0.89美元的价格购买222万美元的Fartcoin。该交易已经导致未实现的损失约为29.7万美元。

Chart: TradingView

图表：TradingView

Early signs of exhaustion

早期疲惫的迹象

A textbook inverse head-and-shoulders formation, typically a bullish reversal signal, was forming on Fartcoin’s Daily Chart.

Fartcoin的每日图表上形成了一本教科书倒数的头和肩部形成，通常是看涨的逆转信号。

Price recently broke above the $0.679 support level and surged toward the neckline resistance at $0.986.

价格最近打破了0.679美元的支撑水平，并以0.986美元的价格飙升至领口阻力。

But momentum stalled near the neckline, and the price has since pulled back to the $0.75 region. This indicates possible exhaustion among buyers, especially as the breakout lacked follow-through.

但是动量在领口附近停滞不前，此后的价格已返回到0.75美元的地区。这表明买家可能会筋疲力尽，尤其是由于突破缺乏随后的情况。

Naturally, this signaled early exhaustion among buyers.

自然，这表明了买家的早期疲惫。

For confirmation, bulls would need to reclaim $0.986 with strong volume. Otherwise, a break below $0.679 might accelerate bearish sentiment.

为了确认，公牛需要以强劲的价格收回0.986美元。否则，低于$ 0.679的休息可能会加速看跌的情绪。

Caution despite long bias?

谨慎，尽管偏见很长？

On-chain sentiment shows subtle signs of recovery.

链上的情绪显示出恢复的微妙迹象。

The Volume-Weighted Funding Rate, which had remained negative in early April, has now flipped back into positive territory.

4月初的体积加权筹资率仍然为负，现在已经回到了积极的领土上。

This shift suggests improving trader confidence, as more participants are now paying to maintain long positions. It marks a reversal from the previous bearish dominance in funding behavior.

这一转变表明，随着越来越多的参与者现在付费以维持长期职位，提高了交易者的信心。它标志着以前的融资行为中的看跌统治地位。

However, despite this optimism, conviction remained shallow. At press time, longs made up 54.75% of taker volume; shorts, 45.25%.

但是，尽管有这种乐观，但信念仍然很浅。在发稿时，朗占征用者量的54.75％；短裤，45.25％。

Having said that, bulls only held a slight edge. Until funding metrics strengthen further, upside momentum might remain on thin ice.

话虽如此，公牛只有略有优势。在资金进一步加强之前，上行势头可能会保留在薄冰上。

Fartcoin liquidation point to…

Fartcoin清算指向…

Liquidation patterns reveal an increasing imbalance in trader positioning.

清算模式显示，交易者定位的不平衡增加。

On the 18th of April alone, long liquidations reached $2.49 million, while shorts were liquidated for only $474K. This disparity suggests that overleveraged longs are getting wiped out at a much higher rate.

仅在4月18日，长期清算就达到了249万美元，而短裤仅以47.4万美元的价格清算。这种差异表明，过度的渴望正在以更高的速度消灭。

Additionally, such heavy long-side liquidations typically lead to cascading price drops and panic-driven exits. If this trend continues, Fartcoin may struggle to find solid support.

此外，如此繁重的长方向清算通常会导致价格下降和恐慌驱动的出口。如果这种趋势继续下去，Fartcoin可能会难以找到可靠的支持。

Fartcoin stood at a pivotal crossroads. Recent whale accumulation suggests confidence, but the broader exodus by smart money reflects an opposing narrative.

Fartcoin站在一个关键的十字路口。最近的鲸鱼积累表明了信心，但是智能货币的更广泛的外流反映了一个相反的叙事。

The shift in Funding Rates point to improving sentiment, yet liquidation data paints a more cautious picture.

资金率的变化指向改善情绪，但清算数据描绘了一个更谨慎的情况。

While the inverse head-and-shoulders structure offers technical hope, price action needs to reclaim $0.986 to affirm the bullish thesis.

虽然逆向股和股关系结构提供了技术希望，但价格行动需要收回0.986美元才能确认看涨的论文。

Therefore, unless sentiment shifts and volume returns to the upside, caution remains the more prudent stance for traders in the near term.

因此，除非情绪转移和卷回到上行空间，否则谨慎仍然是近期交易者更加谨慎的立场。