为什么虚拟协议令牌崩溃以及期望什么

虚拟价格已经崩溃了，使投资者超过10亿美元。在一月份上升到创纪录的5.1250美元之后，它坠毁了70％以上

The VIRTUAL price crashed on Friday as the dust settled on the recent record highs. The token crashed by over 70% from its January highs as its price moved to its lowest level since early December. It now trades at about $1.5.

由于尘埃落定在最近的纪录高点时，虚拟价格在周五崩溃。由于其价格移至12月初的最低水平，该代币从1月份的高点开始坠毁超过70％。现在，它的交易价格约为1.5美元。

Virtuals Protocol initiatives are not boosting its price

虚拟协议计划并没有提高其价格

The VIRTUAL price crashed even as the network made several important headlines. First, the network expanded from Base to Solana, the most popular blockchain today. It did that by partnering with LayerZero. As part of its expansion, Vituals Protocol launched a Meteora Pool to enhance trading and engagement.

即使网络成为几个重要的头条新闻，虚拟价格也崩溃了。首先，该网络从基础扩展到索拉纳，这是当今最受欢迎的区块链。它通过与layerzero合作来做到这一点。作为扩展的一部分，Vituals协议推出了Meteora池，以增强交易和参与。

Virtual has also announced plans to buy back about 13 million tokens from its bonding fees. The goal is to purchase those tokens and incinerate them, a move that will lead to more scarcity for the token, boosting its price. It also dropped after the coin was listed in Upbit, the popular South Korean crypto exchange, and partnered with Illuvium.

Virtual还宣布了计划从其债券费中回购约1300万个令牌。目的是购买这些令牌并焚化它们，这一举动将导致令牌更稀缺，从而提高了价格。在韩国流行的韩国加密货币交易所Upbit列出硬币并与Illuvium合作后，它也下降了。

Most recently, the AI industry performed well, especially after the launch of DeepBook, the popular Chinese AI company. While the launch led to a strong crash of companies like NVIDIA and Broadcom, it was a good thing for the AI industry because it showed that models can be created cheaply.

最近，AI行业表现良好，尤其是在流行的中国人工智能公司Deepbook推出之后。虽然发布会导致Nvidia和Broadcom等公司发生巨大的崩溃，但这对AI行业来说是一件好事，因为它表明模型可以便宜地创建。

Virtuals Protocol is a leading player in the sector as its AI agent generator was used to build popular projects like GAME, aixbt, Luna, Iona, and Olyn.

Virtuals协议是该行业的领先参与者，因为其AI代理发生器被用于构建诸如Game，Aixbt，Luna，Iona和Olyn之类的流行项目。

VIRTUAL price Wyckoff Theory analysis

虚拟价格Wyckoff理论分析

The best way to explain the VIRTUAL price crash is through the Wyckoff Theory analysis. Wyckoff is a popular theory that identifies four stages that prices go through: accumulation, markup, distribution, and markdown.

解释虚拟价格崩溃的最佳方法是通过Wyckoff理论分析。 Wyckoff是一种流行的理论，它标识了价格经历的四个阶段：积累，加价，分销和降价。

The chart above shows that the VIRTUAL price moved horizontally between June last year and November last year. This horizontal move was part of the accumulation process. It then moved to the markup phase that pushed it from below $1 to over $5.2.

上图显示，虚拟价格在去年6月至去年11月之间水平上涨。这种水平移动是积累过程的一部分。然后，它移至标记阶段，将其从1美元以下提高到5.2美元以上。

The coin has now moved to the distribution and markup phases that are characterized by weak demand and higher supply. These two phases usually happen when smart money investors exit their positions and leave traders holding the bag.

硬币现在已转移到以需求较弱和供应量较高的特征的分布和标记阶段。这两个阶段通常发生在智能货币投资者退出职位并让贸易商抱着袋子时发生。

It is likely that the VIRTUAL price has more downside to go as the 50-day and 25-day Exponential Moving Averages (EMA) cross each other. Therefore, the VIRTUAL price will likely keep falling as sellers target the psychological point at $1.0.

随着50天和25天的指数移动平均值（EMA）相互交叉，虚拟价格可能有更多的缺点。因此，虚拟价格可能会继续下跌，因为卖家以1.0美元的价格针对心理点。