模因硬幣市場正在崩潰，由於加密貨幣的風險情緒下降，損失了數億美元的市值

在過去的24小時中，像Dogecoin（Doge），Shiba Inu（Shib）和Trump這樣的大代幣都落後了很長時間，證明投機性資產仍然很脆弱

The meme coin market is crashing, losing hundreds of millions in market cap as risk sentiment goes down across crypto. Over the past 24 hours, big tokens like Dogecoin (DOGE), Shiba Inu (SHIB) and TRUMP have all dropped, and smaller meme coins are getting hit hard.

模因硬幣市場崩潰了，由於加密貨幣的風險情緒下降，因此損失了數億美元的市值。在過去的24小時中，像Dogecoin（Doge），Shiba Inu（Shib）和Trump這樣的大代幣都下降了，而較小的模因硬幣也受到了巨大打擊。

TRUMP Token Leads the Decline

特朗普代幣領導下降

TRUMP/USDT dropped 13.34% to $12.96, erasing all the gains of the week. Despite generating $625 million in volume (thanks to social hype and political headlines) TRUMP couldn’t hold on to the gains. The token is showing investor fatigue and a shift away from risk trades.

特朗普/USDT降至13.34％至$ 12.96，從而消除了本週的所有收益。儘管產生了6.25億美元的數量（由於社會炒作和政治頭條），特朗普無法堅持收益。代幣正在顯示投資者的疲勞，並擺脫了風險交易的轉變。

On the 1-hour chart TRUMP is compressing in a symmetrical triangle, price is just below the 50 period EMA at $12.77. The recent price action showed a brief breakout to $13.88 but the bulls couldn’t hold on. The MACD is positive and the histogram is green, but a close above $13.88 is still needed to confirm the setup. Until then $12.21 is the level to watch, if it breaks below that it could go down to $11.59.

在1小時的圖表上，特朗普在對稱的三角形中壓縮，價格略低於50個時期的EMA，$ 12.77。最近的價格行動顯示出短暫的突破至13.88美元，但公牛無法堅持。 MACD為正，直方圖是綠色的，但仍需要以13.88美元的價格確認設置。直到$ 12.21的級別是值得關注的水平，如果它突破到低於$ 11.59。

Other Meme Coins Follow

其他模因硬幣跟隨

While TRUMP was the headliner, other meme tokens followed:

當特朗普是頭條新聞時，其他模因令牌緊隨其後：

DOGE -4.23% to $0.2171

Doge -4.23％至$ 0.2171

SHIB -5.59% to $0.00001425

SHIB -5.59％至$ 0.00001425

PEPE -8.34% to $0.00001239

Pepe -8.34％至$ 0.00001239

BONK -12.19% to $0.00001881

邦克-12.19％至$ 0.00001881

Especially notable is that BONK dropped despite $4 million going into cold storage recently (usually a bullish sign). Even long term holders seem spooked and are selling.

特別值得注意的是，儘管最近有400萬美元進入冷藏庫（通常是看漲的標誌），但Bonk還是下降了。即使是長期持有人似乎也被嚇到並正在銷售。

Volatility and Leverage is the Fire

波動性和槓桿作用是大火

Analysts point to a mix of rising market volatility, deleveraging and profit taking after several weeks of meme coin rallies. As Bitcoin struggles to break above $104K and Ethereum is facing technical pressure, altcoins (especially the hyped ones) are bearing the brunt.

分析師指出，經過數週的Meme Coin集會，市場波動，去槓桿化和利潤的上升結合在一起。隨著比特幣努力賺到104K $ 104K，以太坊正面臨技術壓力，Altcoins（尤其是炒作）正是首當其衝的。

This is further amplified by the recent allegations on politically affiliated tokens and the question of sustainability of volume without underlying structure. While social momentum is still a big driver in this space, investor appetite seems to be drying up without major catalysts.

最近關於政治上關聯令牌的指控以及批量可持續性的問題而沒有基本結構，這進一步擴大了這一點。儘管社會勢頭仍然是這個領域的主要驅動力，但投資者的胃口似乎在沒有主要催化劑的情況下乾燥。

Outlook: Wait for Confirmation

展望：等待確認

Bullish above $13.88 to $14.75 and $15.32

看漲$ 13.88至$ 14.75和$ 15.32

Bearish below $12.21 to $11.59

看跌以下$ 12.21至$ 11.59

MACD support and price compression means a big move is coming but direction is unknown

MACD支持和價格壓縮意味著一個大動作即將到來，但方向未知

Until Bitcoin stabilizes and TRUMP clears its technicals, meme coin traders should wait and not chase the short term volatility.

在比特幣穩定下來，特朗普清除其技術範圍之前，模因硬幣交易者應該等待，不要追逐短期波動。