加密货币游戏行业上涨，沙盒 (SAND) 上涨 75%

随着加密货币游戏行业的上涨，沙盒 [SAND] 在过去 7 天内上涨了 75%。

Cryptocurrency gaming token The Sandbox [SAND] has seen gains of 75% in the last seven days, as gains were recorded across the sector. At press time, SAND was trading at $0.602 after a drop of 4% in 24 hours. Meanwhile, trading volumes had dropped by 51% per CoinMarketCap.

加密货币游戏代币 The Sandbox [SAND] 在过去 7 天内上涨了 75%，整个行业都录得涨幅。截至发稿时，SAND 交易价格为 0.602 美元，24 小时内下跌 4%。与此同时，根据 CoinMarketCap 的数据，交易量下降了 51%。

SAND’s recent gains came amid increasing volatility. This was highlighted by the widening Bollinger bands on the altcoin’s four-hour chart.

SAND 最近的上涨是在波动性加剧的情况下出现的。山寨币四小时图表上不断扩大的布林带凸显了这一点。

The strong bullish momentum witnessed earlier this week saw SAND move past the upper Bollinger band. However, at press time, the price had retreated to the middle band, suggesting that buying pressure was easing.

本周早些时候出现的强劲看涨势头使 SAND 突破了布林线上限。然而，截至发稿时，价格已回落至中间区间，表明购买压力正在缓解。

The Relative Strength Index (RSI) had a similar outlook after dropping from overbought regions to 53. The RSI line is also trending below the signal line, an indication that selling activity is driving the price action.

相对强弱指数 (RSI) 从超买区域跌至 53 后也出现了类似的前景。RSI 线也趋向于信号线下方，表明抛售活动正在推动价格走势。

Buyers appear to be defending the immediate support level at $0.58. If this support fails to hold as selling activity continues, SAND could drop to the lower Bollinger band at ($0.501).

买家似乎正在捍卫 0.58 美元的即时支撑位。如果随着抛售活动的继续，该支撑位未能保持，SAND 可能会跌至布林带下限（0.501 美元）。

Liquidations could spur more volatility

清算可能会引发更大的波动

Data from Coinglass showed that in just four days, traders with leveraged short and long positions on The Sandbox have recorded more than $44M in liquidations. The forced closure of these positions, either by selling or buying, contributed to the rising volatility.

Coinglass 的数据显示，在短短四天内，在 The Sandbox 上拥有杠杆空头和多头头寸的交易者已记录了超过 4400 万美元的清算。通过出售或购买强制平仓这些头寸导致了波动性的上升。

These liquidations have also had an impact on the open interest, which stood at $168M at press time after a 6% drop in 24 hours. This suggests that traders are not opening new positions on SAND.

这些清算也对未平仓合约产生了影响，截至发稿时，未平仓合约在 24 小时内下降了 6%，达到 1.68 亿美元。这表明交易者没有在 SAND 上建立新的头寸。

While reduced activity in the derivatives market could lead to low volatility, it could also push SAND into consolidation.

虽然衍生品市场活动的减少可能导致波动性降低，但也可能推动 SAND 进入整合。

Active addresses fall from peak

活跃地址从峰值下降

The lack of fresh buying activity around SAND can be attributed to a notable decline in the number of active addresses. Data from CryptoQuant shows that in the last three days, the number of active addresses around the token has dropped from 3,809 to 1,821.

SAND 周围缺乏新的购买活动可归因于活跃地址数量的显着下降。 CryptoQuant 的数据显示，在过去三天里，该代币的活跃地址数量从 3,809 个下降至 1,821 个。

This decline could also show weakened market sentiment caused by a lack of fresh gains. If this lack of demand persists, SAND could extend the downturn.

这种下跌也可能表明由于缺乏新的涨幅而导致市场情绪疲软。如果这种需求不足的情况持续存在，SAND 可能会延长经济低迷时期。

What’s next for SAND?

沙子的下一步是什么？

The lack of buyers to absorb the sell-side pressure on SAND could result in further dips for the token. After the RSI crossed below the signal line and formed a sell signal, the uptrend weakened, with a trend reversal set to happen if buyers re-enter the market.

由于缺乏买家来消化 SAND 的卖方压力，可能会导致该代币进一步下跌。 RSI 跌破信号线并形成卖出信号后，上升趋势减弱，如果买家重新入市，趋势将发生逆转。

Traders should also watch out for a drop below the lower Bollinger band as that could weaken market sentiment and drive prices lower.

交易者还应警惕跌破布林线下轨的情况，因为这可能会削弱市场情绪并压低价格。