世界币：市场悖论与投资者谨慎

世界币 [WLD] 被低估，30 天 MVRV 比率为负表明了这一点。不过，由于短期偏空且现货市场抛售压力较大，投资者应谨慎行事。开发活动仍然令人鼓舞，但整体市场情绪较为悲观，价格、未平仓合约和现货 CVD 均出现下降。技术分析还表明看跌趋势，价格突破 78.6% 斐波那契回撤位，RSI 和 Chaikin 资金流显示出强劲的看跌势头。

Worldcoin: Market Contradictions and Considerations for Investors

世界币：市场矛盾及投资者考虑因素

While Worldcoin [WLD] boasts a bullish market structure, recent developments have introduced bearish sentiment in the short term. To navigate this contradiction, it is imperative to delve into on-chain metrics and futures market data for a comprehensive understanding of the asset's dynamics.

虽然世界币 [WLD] 拥有看涨的市场结构，但最近的事态发展在短期内引入了看跌情绪。为了解决这一矛盾，必须深入研究链上指标和期货市场数据，以全面了解资产的动态。

Amidst Bitcoin's [BTC] struggle to regain momentum, the cryptocurrency landscape remains susceptible to volatility. Consequently, prudent risk management practices are paramount for investors seeking to identify favorable demand zones on higher timeframes.

在比特币[BTC]努力恢复势头的同时，加密货币格局仍然容易受到波动的影响。因此，对于寻求在较长时间内确定有利需求区域的投资者来说，审慎的风险管理实践至关重要。

Encouraging Development Activity

鼓励发展活动

Remarkably, Worldcoin's development activity has witnessed a surge since March 16. This aligns with a modest uptick in the Mean Dollar Invested Age (MDIA), indicating a potentially bullish stance and the re-circulation of older coins.

值得注意的是，自 3 月 16 日以来，世界币的开发活动激增。这与平均美元投资年龄 (MDIA) 的小幅上升相一致，表明潜在的看涨立场和旧代币的重新流通。

Undervalued Asset in Bearish Sentiment

看跌情绪中资产被低估

The 30-day Market Value to Realized Value (MVRV) ratio has plummeted to levels unseen since January 22, suggesting an undervalued asset. However, investors should exercise caution before rushing into purchases during this dip.

30 天市值与已实现价值 (MVRV) 比率已暴跌至 1 月 22 日以来的最低水平，表明资产被低估。然而，投资者在这次下跌期间急于买入之前应谨慎行事。

Bearish Market Sentiment

市场情绪看跌

Both Open Interest and Worldcoin prices have declined since April 1, reflecting bearish sentiment without indicating significant short-selling activity. Speculators are adopting a wait-and-see approach.

自 4 月 1 日以来，未平仓合约和世界币价格均出现下跌，反映出看跌情绪，但并未表明存在重大卖空活动。投机者正在采取观望态度。

Spot CVD has been in a consistent downtrend for over a week, signaling sustained selling pressure in the spot market. This trend suggests a potential further decline in WLD.

现货 CVD 一周多以来一直处于持续下降趋势，表明现货市场持续面临抛售压力。这一趋势表明 WLD 可能进一步下降。

Technical Analysis: Bearish Momentum

技术分析：看跌势头

Technical analysis reveals that the $4 region represents a crucial HTF support zone, likely to trigger a bullish reaction. However, if prices descend to this level, the daily timeframe will already exhibit a bearish market structure.

技术分析显示，4 美元区域代表了关键的 HTF 支撑区域，可能会引发看涨反应。然而，如果价格跌至这一水平，每日时间框架将已经呈现出看跌的市场结构。

The 78.6% Fibonacci retracement level has been breached. A daily session close below $5.6 could initiate a bearish reversal for swing traders.

78.6% 斐波那契回撤位已被突破。每日收盘价低于 5.6 美元可能会引发波段交易者的看跌逆转。

Bearish Momentum Confirmed by Indicators

指标证实了看跌势头

The Relative Strength Index (RSI) has dropped below the neutral 50 mark over the past three days, indicating strong bearish momentum. The Chaikin Money Flow has also dipped below -0.05, further supporting this trend.

过去三天相对强弱指数（RSI）已跌破中性 50 关口，表明看跌势头强劲。 Chaikin 资金流量也跌破 -0.05，进一步支撑了这一趋势。

Collectively, these indicators suggest significant capital outflows from Worldcoin markets, reinforcing the bearish outlook.

总的来说，这些指标表明世界币市场出现大量资本外流，强化了看跌前景。

Conclusion

结论

Investors should proceed with caution despite the undervaluation of Worldcoin. Short-term bearish sentiment, coupled with sustained selling pressure and bearish technical indicators, paints a cautious picture for the immediate future. Prudent risk management and a focus on identifying higher timeframe demand zones remain essential for informed decision-making.

尽管世界币被低估，投资者仍应谨慎行事。短期看跌情绪，加上持续的抛售压力和看跌的技术指标，为近期的未来描绘了一幅谨慎的景象。审慎的风险管理和专注于确定较长时间范围的需求区域对于做出明智的决策仍然至关重要。