HBAR 的牛市陷阱和漫长的清算推迟，但不要否认反弹

自 8 月以来，Hedera 生态系统的原生加密货币 HBAR 一直在盘整区进行交易。它刚刚进行了第三次尝试

Since August, HBAR, the native cryptocurrency of the Hedera ecosystem, has been consolidating. It just made its third attempt to leave the zone, but it was a bull trap with lengthy, heavy liquidations.

自8月份以来，Hedera生态系统的原生加密货币HBAR一直在整合。它刚刚第三次尝试离开该区域，但这是一个牛市陷阱，有漫长而沉重的清算。

Like the majority of cryptocurrencies, HBAR has been rising since November 5. This is due to the bullish market sentiment that has dominated the market thus far this month. But this latest effort first broke through short-term resistance at $0.063.

与大多数加密货币一样，HBAR 自 11 月 5 日以来一直在上涨。这是由于本月迄今为止主导市场的看涨市场情绪所致。但这一最新举措首先突破了短期阻力位 0.063 美元。

On November 12, HBAR rose as high as $0.077 in what appeared to be a bull trap. This is because the price quickly dropped by over 20%. After the price moved into overbought territory, there was a pullback.

11 月 12 日，HBAR 上涨至 0.077 美元，这似乎是一个牛市陷阱。这是因为价格迅速下降了20%以上。价格进入超买区域后出现回调。

The cryptocurrency's failed bullish attempt had all the makings of a bull trap. This calls for a closer examination of the effects of the pullback.

这种加密货币的看涨尝试失败，具备了牛市陷阱的所有要素。这需要更仔细地检查回调的影响。

HBAR’s decline wipes out long positions

HBAR 的下跌消除了多头头寸

HBAR 的下跌消除了多头头寸

The recent gains by HBAR may have resulted in an increase in leveraged long positions. This is especially true considering that Bitcoin and many other major coins have been rising to all-time highs. An examination of the liquidation data serves to validate the bull trap scenario.

HBAR 最近的上涨可能导致杠杆多头头寸增加。考虑到比特币和许多其他主要货币已升至历史新高，这一点尤其正确。对清算数据的检查可以验证牛市陷阱的情况。

On November 12, HBAR's total liquidations reached a peak of $886,150, according to Coinglass. That day, the peak price of short positions that were liquidated was $539,450. These were the highest single-day liquidation figures recorded in the previous six months.

根据 Coinglass 的数据，11 月 12 日，HBAR 的清算总额达到 886,150 美元的峰值。当日，空头平仓峰值价格为539,450美元。这是过去六个月记录的最高单日清算数字。

Source: Coinglass

资料来源：Coinglass

On November 13, long liquidations reached a peak of $620,750, while short liquidations reached a peak of $54,110. As can be seen by the spike in liquidations on the day the price dropped, the liquidations may have contributed to the strong sell pressure.

11 月 13 日，多头清算达到 620,750 美元的峰值，而空头清算达到 54,110 美元的峰值。从价格下跌当天清算量激增可以看出，清算可能导致了强劲的抛售压力。

Additionally, the liquidations correspond with the recently observed increase in open interest. Over the past ten days, there has been an increase in open interest in HBAR futures.

此外，清算与最近观察到的未平仓合约的增加相对应。过去十天，HBAR 期货的未平仓合约有所增加。

On November 13, it reached its peak at $61.11. That day, the majority of the open interest may have been in the bears' favor.

11月13日达到峰值61.11美元。那天，大部分未平仓头寸可能对空头有利。

Following the most recent spike in open interest, it rose to a new 6-month high. This spike was far lower than the levels seen during the peak of HBAR demand in April. It does, however, indicate that interest in the cryptocurrency is gradually rising once more.

继最近一次未平仓合约飙升后，未平仓合约升至 6 个月新高。这一峰值远低于 4 月份 HBAR 需求高峰期间的水平。然而，它确实表明人们对加密货币的兴趣再次逐渐上升。

Delay In HBAR Doesn’t Mean Denial

HBAR 延迟并不意味着拒绝

HBAR 延迟并不意味着拒绝

HBAR's recent bull trap and lengthy liquidations may have delayed the rally. That being said, this does not imply that it will not occur.

HBAR 最近的牛市陷阱和漫长的清算可能推迟了涨势。话虽如此，这并不意味着它不会发生。

Although the liquidations highlight a shakedown in leverage, HBAR was still substantially undervalued, particularly in contrast to its present 2024 peak. Many people may still own the crypto due to its potential for growth.

尽管清算凸显了杠杆率的下降，但 HBAR 的价值仍然被大幅低估，特别是与目前 2024 年的峰值相比。由于其增长潜力，许多人可能仍然拥有加密货币。

At the time of writing, HBAR was already attempting a bullish breakout from its consolidation zone. This indicated that there was still demand. The 27th largest crypto to date is currently preparing to test its monthly high of $0.126, trading at $0.1191 with a market capitalization of around $4,52 billion.

截至撰写本文时，HBAR 已在尝试突破盘整区域。这表明需求仍然存在。迄今为止第 27 大加密货币目前正准备测试 0.126 美元的月度高点，交易价格为 0.1191 美元，市值约为 45.2 亿美元。

As was observed earlier in the week, the removal of leveraged positions could pave the way for a second rally attempt with a lower likelihood of a long squeeze scenario.

正如本周早些时候所观察到的，杠杆头寸的移除可能为第二次反弹尝试铺平道路，而多头挤压情况的可能性较低。