尽管市场低迷，BNB 和 AAVE 仍保持结构性看涨

较大的加密货币市场的市值最近一直在下降，下降了 2.06% 至 3.33 万亿美元。然而，更广泛的分析

The cryptocurrency market has seen a decline in capital inflows, which is a sign of lack of active investment. According to Glassnode, capital inflows have dropped from $134 billion on 10 December to $100 billion at the time of writing. This downturn in capital inflows is usually a sign that the market lacks bullish sentiment for a majority of cryptocurrencies. Instead, investors appear to favor holding stable assets rather than purchasing volatile tokens. This would reinforce bearish market sentiment and increase the likelihood of sustained declines.

加密货币市场资本流入下降，这是缺乏积极投资的迹象。根据 Glassnode 的数据，资本流入已从 12 月 10 日的 1,340 亿美元下降至撰写本文时的 1,000 亿美元。资本流入的下降通常表明市场对大多数加密货币缺乏看涨情绪。相反，投资者似乎更倾向于持有稳定的资产，而不是购买波动较大的代币。这将强化看跌的市场情绪并增加持续下跌的可能性。

However, some tokens can be expected to maintain their bullish momentum and potentially outperform the broader market. BNB, for instance, remains one of the best-performing cryptocurrency assets of 2024, having achieved two all-time highs within the year. After its previous peak of $691.77 in 2021, BNB surpassed this level in June 2024, hitting $721.80 on the charts. By December 2024, it set another record, trading at $793.86.

然而，一些代币预计将保持看涨势头，并可能跑赢大盘。例如，BNB 仍然是 2024 年表现最好的加密货币资产之一，在一年内创下了两项历史新高。在 2021 年达到 691.77 美元的上一个峰值后，BNB 在 2024 年 6 月突破了这一水平，在图表上触及 721.80 美元。到 2024 年 12 月，它又创下了纪录，交易价格为 793.86 美元。

At the time of writing, BNB seemed to be in an accumulation phase, as indicated by its chart patterns. If the token exits this phase, it could ignite another rally, with a strong possibility of surpassing its previous high and targeting levels above $800.

截至撰写本文时，BNB 似乎正处于吸筹阶段，正如其图表模式所表明的那样。如果该代币退出此阶段，它可能会引发另一次反弹，很有可能超越之前的高点，目标价位高于 800 美元。

Another token that has remained structurally bullish on the price chart is AAVE. After months of market consolidation, the asset broke out in January, rallying by 332.78% to hit $399.85 – A level last seen in 2021.

价格图表上保持结构性看涨的另一个代币是 AAVE。经过数月的市场整合，该资产在 1 月份爆发，上涨 332.78%，达到 399.85 美元，这是 2021 年最后一次出现的水平。

AAVE also achieved a new all-time high for its Total Value Locked (TVL) on 17 December, peaking at $23.19 billion. However, its TVL has since recorded a minor pullback to $20.63 billion. This slight dip suggested that AAVE remains fundamentally bullish, especially as activity on its protocol continues to grow.

AAVE 的总锁定价值 (TVL) 也在 12 月 17 日创下历史新高，达到 231.9 亿美元。然而，其 TVL 此后小幅回落至 206.3 亿美元。这种小幅下跌表明 AAVE 基本面仍然看涨，特别是随着其协议的活动持续增长。

If the TVL stabilizes or increases, AAVE’s price is likely to extend its upward momentum. Especially since it’s central in driving the platform’s operations.

如果 TVL 稳定或增加，AAVE 的价格可能会延续其上涨势头。特别是因为它是推动平台运营的核心。

One key requirement for an altseason rally to materialize is a decline in Bitcoin Dominance, a metric that compares Bitcoin’s performance to other altcoins in the market. At the time of writing, CoinMarketCap reported that Bitcoin Dominance fell slightly by 0.18%, dropping to 56.94%.output

山寨币季反弹实现的一个关键要求是比特币主导地位的下降，这是一项将比特币与市场上其他山寨币的表现进行比较的指标。截至撰写本文时，CoinMarketCap 报告称，比特币主导地位小幅下降 0.18%，降至 56.94%。