Onyxcoin（XCN）从其历史最高的市场指标中下降57％，这是进一步的下行风险

自从1月26日达到其历史高度0.049以来，Onyxcoin一直处于持续的下降趋势。

Onyxcoin (XCN) has been persistently trending downward since reaching its new all-time high of $0.049 on January 26. At press time, the coin is trading at $0.015, having lost 57% of its value.

自从1月26日达到其新历史最高高点以来，Onyxcoin（XCN）一直持续下降。在发稿时，硬币的交易价格为0.015美元，损失了其价值的57％。

With mounting bearish pressure, the decline may not be over as market indicators signal further downside risks.

随着看跌压力的增加，由于市场指标表明进一步的下行风险，因此下降可能不会结束。

XCN Faces Heavy Sell Pressure

XCN面临沉重的卖压力

The steady outflows from XCN's spot markets over the past month reflect the increased selling activity among its investors. According to data from Coinglass, in February, the altcoin only recorded four days of inflows, which totaled just $3.5 million. Conversely, XCN spot outflows exceeded $15 million during the same period.

在过去一个月中，XCN现货市场的稳定流出反映了其投资者的销售活动的增加。根据Coinglass的数据，2月，AltCoin仅记录了四天的流入，总计仅350万美元。相反，XCN斑点流出在同一时期超过1500万美元。

Outflows from the XCN spot markets have reached $6.45 million so far this month. When an asset records significant spot outflows like this, its investors are selling their holdings.

XCN现货市场的流出量已经达到本月迄今为止的645万美元。当资产记录这样的大量现场流出时，其投资者正在出售其持股。

This trend indicates that profit-taking is significant among XCN traders. It is a sign that there is no new demand for the altcoin, potentially lowering its prices in the short term.

这种趋势表明，XCN交易者的利润很重要。这表明对Altcoin没有新的需求，可能会在短期内降低其价格。

Moreover, its funding rate has been predominantly negative since the beginning of the year, highlighting the bearish bias toward XCN.

此外，自今年年初以来，其资金率主要是负面的，强调了对XCN的看跌偏见。

This periodic fee is exchanged between long and short traders in perpetual futures contracts. It is designed to keep contract prices aligned with the spot market. When persistently negative like this, it means short positions are dominant, indicating traders are betting on further price declines, which can further reinforce bearish sentiment.

这种周期性的费用是在永久期货合约中的长交易者和短交易者之间交换的。它旨在使合同价格与现货市场保持一致。当像这样的持续负面时，这意味着短职位是占主导地位的，表明贸易商正在押注进一步的价格下降，这可以进一步增强看跌的情绪。

On the daily chart, XCN remains within the descending parallel channel it has traded within since January 26. This bearish pattern is formed when an asset's price moves between two downward-sloping parallel trendlines, indicating a sustained downtrend. The pattern suggests that XCN sellers are in control. A drop below the lower trend line, which forms support, hints at further downside. If this happens, XCN's price could drop to $0.0075.

在每日图表上，XCN保持自1月26日以来一直在其境内交易的降序平行渠道内。当资产的价格在两个下降的平行趋势线之间移动时，就会形成这种看跌模式，这表明持续下降。该模式表明XCN卖家正在控制。较低趋势线以下的下降趋势是形成支持的，暗示了进一步的缺点。如果发生这种情况，XCN的价格可能会降至0.0075美元。

However, a bullish resurgence in the XCN market could prevent this. If new demand soars, the token's value could climb to $0.022.

但是，在XCN市场上的看涨兴起可以阻止这种情况。如果新需求飙升，代币的价值可能会攀升至0.022美元。