Merlin Chain 暴涨——在7500万美元未平仓合约峰值后,MERL会回调吗?

ambcryptoОпубліковано о 2025-12-13Востаннє оновлено о 2025-12-13

Анотація

梅林链(MERL)作为比特币二层解决方案,近期链上活动显著增加,尽管比特币价格波动有限。MERL价格上涨16%,持币地址数增至17.38万,永续合约未平仓头寸(OI)达到7579万美元的历史新高,单日增长约2700万美元,市场流动性大幅提升。多头情绪主导,交易量比率显示买盘占优。 现货市场持续积累MERL,交易所流出量虽不大(单日约70万美元),但配合资金净流出表明投资者看好当前入场机会。累积/分配指标虽仍为负值,但已回升,显示买压增强,尚未完全抵消上周的卖压。 尽管行情看涨,清算热图提示下行风险:当前价格下方存在未填充流动性区域,可能引发短期回调。但若看涨动量持续,价格或突破常规流动性回撤趋势。

Merlin Chain [MERL] 作为比特币 [BTC] 的第二层解决方案,尽管比特币价格基本保持区间波动,但在过去一天内其链上活动显著增加。

截至发稿时,该资产价格大幅上涨16%,同时代币持有者数量攀升至173,800人。尽管表现明显看涨,但在更广泛的市场结构中,潜在价格回调的迹象仍然隐约可见。

流动性激增推高价格

MERL价格的近期飙升主要归因于衍生品市场的流动性急剧流入。

截至撰写本文时,MERL永续合约未平仓合约(OI)——一个反映未平仓衍生品合约总价值和整体市场流动性的指标——已攀升至7579万美元的历史新高。

值得注意的是,这一飙升突显了当前市场弥漫的看涨情绪。OI在一天内扩大了约2700万美元后达到这一水平。

如此大规模的单日流入通常包括多头和空头交易者的头寸。在这种情况下,交易数据表明多头头寸主导了市场活动。

交易量也明显转为正值,Taker买卖比率达到1.05。该读数表明Taker买单主导了累计交易量,增强了短期看涨压力。

现货投资者入场

现货市场参与者也在继续积累MERL,这有助于限制可用供应。

具体来看,交易所流出量相对温和,过去一天从中心化平台撤出了约70万美元的MERL。

单就这一水平而言,这种流出量并不能有力确认看涨的市场结构,因为其金额仍然相对较小。

然而,持续的积累加上稳定的净流出增加了MERL维持上升轨迹的可能性,因为看涨的投资者将当前水平视为有吸引力的入场点。

值得注意的是,积累/分布指标已小幅上升,表明相对于卖出压力,买入压力更强。尽管如此,该指标仍处于负值区域。

这一负值读数表明,近期的买入尚未完全抵消过去一周观察到的更沉重的卖出压力,而该压力导致了先前的下跌。

回调风险?

尽管近期有所上涨,但MERL仍显示出下行风险,正如清算热力图所指示的那样。

该工具突出显示当前价格上方和下方的流动性集中区域,以预示潜在的价格变动。上方的流动性通常会吸引价格上涨,而下方的集群则表明随着市场填补这些水平,价格可能出现下跌。

目前,MERL的上涨已将价格推高,清除了上方的重大流动性区域。因此,大多数流动性集群现在位于当前交易区间下方。

基于经典的市场行为,这种设置增加了短期回调的可能性。然而,这种结果并非必然发生。

一个关键的例外情况是,当看涨势头持续增强时,价格可能会违背典型的流动性驱动的回撤。


最终思考

  • MERL从衍生品市场录得大量流动性流入,同时现货投资者继续积累。
  • 清算热力图显示价格波动可能性很大,未填补的流动性集群位于当前水平下方。

Трендові криптовалюти

Пов'язані питання

QMerlin Chain (MERL) 的价格在过去一天内上涨了多少?

AMerlin Chain (MERL) 的价格在过去一天内上涨了16%。

Q推动 MERL 近期上涨的主要因素是什么?

A推动 MERL 近期上涨的主要因素是衍生品市场的大量流动性流入,其永续合约未平仓合约(OI)达到了7579万美元的历史新高。

Q根据文章,MERL 的清算热力图显示了什么风险?

A清算热力图显示,当前价格下方存在未填充的流动性集群,这增加了价格出现短期回调的可能性。

Q目前 MERL 的持币地址数量达到了多少?

A目前 MERL 的持币地址数量已攀升至173,800个。

Q文章中提到,什么指标表明买入订单在主导市场活动?

ATaker Buy/Sell Ratio(吃单买入/卖出比率)达到了1.05,这表明吃单买入订单正在主导累计交易量,加强了短期的看涨压力。

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372 переглядів усьогоОпубліковано 2024.12.12Оновлено 2026.06.02

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Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни MERL (MERL).

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