XLM 价格形成看涨吞没烛台模式，眼睛重新测试 0.6370 美元

XLM 价格于 11 月 27 日强劲反弹，形成看涨吞没烛台形态。

Stellar (XLM) price dropped sharply last week, falling into a local bear market. However, the second-largest payment network coin staged a strong comeback on Monday, Nov. 27, forming a bullish engulfing candlestick pattern.

Stellar（XLM）价格上周大幅下跌，陷入局部熊市。然而，第二大支付网络代币在 11 月 27 日星期一强劲反弹，形成看涨吞没烛台模式。

This rebound came as crypto markets rebounded broadly, with Bitcoin (BTC) and other major coins also bouncing back from recent sell-offs.

此次反弹之际，加密货币市场普遍反弹，比特币（BTC）和其他主要代币也从最近的抛售中反弹。

Fundamentally, Stellar's DeFi ecosystem performed well this week. According to DeFi Llama, Stellar's total value locked in DeFi (TVL) reached a record high of over $56 million.

从根本上看，Stellar的DeFi生态系统本周表现良好。根据 DeFi Llama 的数据，Stellar 锁定在 DeFi 中的总价值（TVL）创下了超过 5600 万美元的历史新高。

Meanwhile, total assets in the Stellar ecosystem, including those in the Real World Asset (RWA) tokenization industry, are nearing $300 million. This growth is largely driven by the Franklin Templeton OnChain US Government Money Fund, which has accumulated over $400 million in assets.

与此同时，Stellar生态系统的总资产，包括真实世界资产（RWA）代币化行业的总资产，已接近3亿美元。这一增长主要是由富兰克林邓普顿链上美国政府货币基金推动的，该基金已积累了超过 4 亿美元的资产。

Other significant decentralized applications (dApps) in the Stellar ecosystem include decentralized exchange (DEX) platforms such as LumenSwap, Aquarius Stellar, and Scoputy.

Stellar 生态系统中其他重要的去中心化应用程序 (dApp) 包括去中心化交易 (DEX) 平台，例如 LumenSwap、Aquarius Stellar 和 Scoputy。

Moreover, Stellar's price increase was also supported by signs of emerging regulatory clarity in the United States.

此外，Stellar 的价格上涨还受到美国监管清晰化迹象的支持。

Recently, a court ruled that the Office of Foreign Assets Control (OFAC) had overstepped its authority when sanctioning Tornado Cash, stating that autonomous software cannot be classified as property.

最近，一家法院裁定，外国资产控制办公室 (OFAC) 在制裁 Tornado Cash 时越权，称自主软件不能被归类为财产。

U.S. courts have made several favorable rulings for the crypto industry in recent months.

近几个月来，美国法院做出了几项对加密行业有利的裁决。

In 2023, a judge ruled that XRP was not a financial security, and Ripple was ordered to pay only $250 million, a fraction of the $2 billion the Securities and Exchange Commission (SEC) had sought.

2023 年，法官裁定 XRP 不属于金融证券，Ripple 被责令仅支付 2.5 亿美元，而美国证券交易委员会 (SEC) 要求支付的 20 亿美元仅是其中的一小部分。

These developments, combined with Trump's re-election, have sparked speculation among some in the crypto community about the potential approval of a spot XLM exchange-traded fund (ETF) in 2025.

这些事态发展，加上特朗普的连任，引发了加密货币界一些人对 2025 年现货 XLM 交易所交易基金 (ETF) 可能获得批准的猜测。

XLM price forms a bullish engulfing

XLM 价格形成看涨吞没

As covered in an earlier update last week, we anticipated a steep correction for the Stellar price, which came to pass. Stellar's price dropped to a low of $0.4168 on Monday, Nov. 26, marking a 35% decline from its highest level this year.

正如上周早些时候的更新所述，我们预计恒星币价格将出现大幅调整，这一情况最终成为现实。 11 月 26 日星期一，Stellar 的价格跌至 0.4168 美元的低点，较今年最高水平下跌 35%。

It has since formed a bullish engulfing candlestick pattern, a strong reversal indicator. This pattern is characterized by a large bullish candlestick that fully covers a preceding bearish one.

此后，它形成了看涨吞没烛台模式，这是一个强大的反转指标。该形态的特点是一根大的看涨烛台完全覆盖了之前的看跌烛台。

If Stellar Lumens price closes above $0.50, this would validate the engulfing pattern and indicate further gains. Under this scenario, the price could retest its year-to-date high of $0.6370, which it reached earlier this month.

如果 Stellar Lumens 价格收于 0.50 美元以上，这将验证吞噬模式并表明进一步上涨。在这种情况下，价格可能会重新测试本月初触及的今年迄今高点 0.6370 美元。

On the other hand, there is a risk that this rebound could be a dead cat bounce, a temporary recovery during a sell-off. This bearish view would gain traction if the price falls below $0.4168.

另一方面，这种反弹可能是死猫反弹，是抛售期间的暂时复苏。如果价格跌破 0.4168 美元，这种看跌观点将会受到关注。