上市列表後的咒語（OM）峰值23％ - 集會會留下來嗎？

在韓國的最高交易所上市後，咒語（OM）的價格急劇下降了23％

Mantra (OM) saw a sharp 23% price spike following its listing on South Korea’s top exchange, Upbit. But is the rally here to stay, or is it just another hype-driven surge?

在韓國頂級交易所Upbit上市後，Mantra（OM）的價格上漲了23％。但是，這裡的集會要留下來，還是只是另一個炒作驅動的激增？

OM Gets Listed On Upbit - Price Responds Instantly

OM在Upbit上列出 - 價格立即響應

On May 21, OM Coin was officially listed on Upbit, alongside ACS, GO, OBSR, QTCON, and RLY. OM was offered with trading pairs against KRW, BTC, and USDT. The announcement triggered a 23% price jump, as OM shot from $0.38 to $0.47 within 24 hours, before cooling to $0.4381 by press time.

5月21日，OM硬幣正式在UPBIT上，與ACS，GO，OBSR，QTCON和RLY一起上市。 OM與KRW，BTC和USDT的交易對。該公告觸發了23％的價格上漲，因為OM在24小時內從0.38美元售價為0.47美元，然後在發稿時冷卻至0.4381美元。

This move was largely fueled by interest from the South Korean market. But can Mantra hold these gains or will history repeat itself?

這一舉動在很大程度上是由於韓國市場的興趣所推動的。但是，咒語可以持有這些收益，還是歷史會重演？

OM/USDT Technical Analysis: Bounce Or Trap?

OM/USDT技術分析：反彈還是陷阱？

After weeks of sideways movement near $0.38, OM experienced a 23% surge on May 21, forming a strong bullish candle following the Upbit listing. This marked the second notable rally in recent times.

經過數週的橫向移動接近0.38美元，OM在5月21日經歷了23％的增長，在Upbit上市後形成了強大的看漲蠟燭。這標誌著最近的第二個值得注意的集會。

On May 10-11, OM experienced a 22% surge from $0.385 to $0.47 amid increased on-chain volume ($1.06B) and open interest ($175M). However, this rally quickly fizzled out as enthusiasm waned, suggesting that the rally was primarily driven by leveraged traders rather than long-term buyers.

5月10日至11日，OM在鏈上增加（1.06B）和開放興趣（1.75億美元）的情況下，從0.385美元到0.47美元的漲幅從0.385美元到0.47美元。但是，隨著熱情的減弱，這次集會很快消失了，這表明集會主要是由槓桿交易者而不是長期買家驅動的。

The Relative Strength Index (RSI), which reached 17 on May 9, has been gradually recovering. The RSI increased to 23 on May 10 and further climbed to 27.74 by May 21. This indicates improving momentum from oversold conditions, although it remains below the neutral 50 level.

5月9日達到17的相對強度指數（RSI）已逐漸恢復。 RSI在5月10日增加到23，到5月21日到5月21日進一步攀升至27.74。這表明從超售條件下提高了動量，儘管它仍然低於中性50水平。

The Moving Average Convergence Divergence (MACD) continues to reflect early bullishness, with the MACD line curving upward and the histogram turning green. This crossover suggests that upward pressure is building but still lacks strong confirmation.

移動平均收斂差異（MACD）繼續反映早期的看漲，MACD線向上彎曲，直方圖轉動綠色。這種跨界表明，向上的壓力正在建立，但仍然缺乏強烈的確認。

Unless $OM pushes above the $0.47-$0.50 resistance, this move may be short-lived.

除非$ OM推高於$ 0.47- $ 0.50的電阻，否則此舉可能是短暫的。

On-Chain & Derivatives: Traders React, But Conviction Lags

鍊和衍生物：交易者反應，但定罪滯後

CoinGlass data reveals that OM's futures open interest spiked to $175M on May 11, with funding rates hitting 0.0261% - showcasing an overly bullish crowd.

Coinglass數據顯示，OM的期貨公開利息在5月11日達到1.75億美元，資金率達到0.0261％ - 展示了過於看漲的人群。

Volume surged to $1.06B that day, the highest since April. But the excitement quickly faded, implying most of the inflow was speculative in nature.

當天的數量飆升至$ 1.06B，是4月以來最高的。但是興奮迅速消失了，這意味著大多數流入本質上都是投機性的。

Market cap increased from $372M (May 20) to $417M after the listing - a 12% rise - but failed to sustain levels above $420M for an extended period.

市值從上市後的3.72億美元（5月20日）增加到4.17億美元（增長12％），但長期未能維持高於4.2億美元的水平。

On-Chain & Derivatives: Traders React, But Conviction LagsCoinGlass data reveals that OM's futures open interest spiked to $175M on May 11, with funding rates hitting 0.0261% - showcasing an overly bullish crowd.

鏈上和衍生品：交易者反應，但信念落後的數據顯示，OM的期貨在5月11日開放至1.75億美元，資金利率達到0.0261％ - 展示了過分看漲的人群。

Volume surged to $1.06B that day, the highest since April. But the excitement quickly faded, implying most of the inflow was speculative in nature.

當天的數量飆升至$ 1.06B，是4月以來最高的。但是興奮迅速消失了，這意味著大多數流入本質上都是投機性的。

Market cap increased from $372M (May 20) to $417M after the listing - a 12% rise - but failed to sustain levels above $420M for an extended period.

市值從上市後的3.72億美元（5月20日）增加到4.17億美元（增長12％），但長期未能維持高於4.2億美元的水平。

Conclusion: Can Hype Trigger A Sustainable Rally?

結論：炒作可以引發可持續集會嗎？

The Mantra Coin , also known as OM, experienced a 23% price surge following its listing on South Korea's top exchange, Upbit. This significant catalyst sparked a swift increase in the cryptocurrency's value. However, a deeper analysis of technicals and on-chain metrics suggests that this rally may be more of a short-term reaction to a specific event.

在韓國頂級交易所Upbit上市後，咒語硬幣（也稱為OM）經歷了23％的價格上漲。這種重要的催化劑使加密貨幣的價值迅速增加。但是，對技術和鍊鍊指標進行更深入的分析表明，該集會可能更像是對特定事件的短期反應。

A confirmed breakout above the $0.47-$0.50 resistance with sustained volume and follow-through could flip the trend bullish in the coming weeks. Without that, we might see OM retesting the $0.40-$0.42 support zone as the bears return to exert some pressure. Short-term sentiment remains neutral to slightly bullish, but traders should keep a close eye on any potential reversals or continuations of the recent price action.

確認的突破超出了0.47美元至0.50美元的阻力，並持續數量和後續的趨勢可能會在接下來的幾週內翻轉趨勢看漲。沒有這些，隨著熊隊恢復施加壓力，我們可能會看到OM重新測試$ 0.40- $ 0.42的支撐區。短期情緒仍然是略微看漲的中立，但交易者應密切關注最近價格行動的任何潛在逆轉或延續。

At this stage, we cannot yet confirm whether Mantra Coin's move is sustainable. For that to happen, we would need to see sustained buying activity with increasing volume, new use cases or ecosystem developments for OM at these higher prices, or a shift in the long-term technical indicators like the MACD to a bullish regime. Otherwise, this move remains largely driven by hype and speculation, which can be fickle and unpredictable in the world of cryptocurrencies.

在此階段，我們還不能確認咒語硬幣的舉動是否可持續。為此，我們需要看到持續的購買活動，以增加數量，新的用例或生態系統開發，以這些更高的價格為OM，或者將MACD（例如MACD）轉移到看漲政權的長期技術指標。否則，這一舉動在很大程度上仍然受到炒作和猜測的驅動，這在加密貨幣世界中可能是善變和不可預測的。

Analyst Perspective:

分析師的觀點：