pyth在解鎖之前建立了看跌勢頭

目前，Pyth Coin的價格約為0.139美元，這反映了自昨天以來的不小上升。

Pyth Network (PYTH)

Pyth網絡（PYTH）

PYTH Coin price is currently at around $0.139 , which shows a slight recovery from yesterday’s lows. However, it’s important to note that PYTH has suffered significant decline from early December when it was trading above $0.55 . Additionally, there is impending unlock volatility to consider with more than $86M in tokens about to enter circulating supply.

Pyth硬幣價格目前約為0.139美元，顯示出昨天的低點略有恢復。但是，重要的是要注意，Pyth從12月初的交易超過0.55美元起就已經大幅下降。此外，即將在8600萬美元的代幣中要考慮進入循環供應，即將考慮的解鎖波動。

The immediate support zone at $0.12 is pivotal to watch as it has held thus far. The next key resistances are :

直接支撐區為0.12美元，這是迄今為止一直保持著的關注。下一個關鍵阻力是：

$0.215 (23.6% Fibonacci) —> key breakout area

$ 0.215（23.6％斐波那契） - >關鍵突破區域

$0.275 (38.2% Fibonacci) —> observe for new momentum

$ 0.275（38.2％斐波那契） - >觀察新勢頭

The RSI at ~45.28 shows a slighter strength in momentum but still below the neutral-50 level. The CMF (around +0.08–0.12) indicates a steady inflow of capital which is encouraging. However, the OBV at ~1.07B is yet to recover to its recent high (around 1.2B) which suggests softer buying pressure persists.

〜45.28的RSI在動量中顯示出較弱的強度，但仍低於中性50水平。 CMF（ +0.08-0.12左右）表示令人鼓舞的資本流入。但是，在〜1.07b處的OBP尚未恢復到最近的高（約1.2b），這表明購買壓力持續了。

The price is still under all major EMAs (20/50/100/200) which further indicates the bearish broader trend. If $0.12 breaks then next critical level on the downside is around $0.10 which could bring more selling pressure.

價格仍在所有主要EMA（20/50/100/200）下，這進一步表明了更廣泛的趨勢。如果$ 0.12休息，那麼下一個關鍵水平的下一個臨界水平約為0.10美元，這可能帶來更多的銷售壓力。

Overall the bias remains bearish heading into the unlock , unless PYTH can breakout above $0.215 sooner, if discounting any potential momentum flip /catalyst. Just watch most possibly for short squeezes , if sentiment turns.

總體而言，如果Pyth可以打折任何潛在的動量翻轉 /催化劑，否則偏見仍然是看跌，除非Pyth可以提早爆發到0.215美元以上。如果轉彎，只需觀看最可能的短擠壓。

Optimism (OP)

樂觀（OP）

Presently, Optimism OP Coin is trading at around the $0.632 level. It has seen a long and slow decline from its peak of $2.773 in December 2024. Adding to volatility perceptions, a large token unlock at Block 16,494, occurs on May 31 (~386m OP worth ~$587m about to drop into networks).

目前，樂觀幣的交易價格約為0.632美元。從2024年12月的2.773美元的峰值起，它的峰值長而緩慢下降。增加了波動性的看法，在5月31日發生在16,494的大塊上的大量令牌解鎖（〜3.86億OP，價值約5.87億美元即將降低到網絡中）。

The RSI indicator on the Daily chart below has nearly fallen to the oversold zone of ~36. This shows sellers are in control but opens OP up to a short term bounce potential should shorts become overcrowded.

下面的每日圖表上的RSI指標幾乎落到了〜36的超售區。這表明賣家處於控制之中，但如果短褲人滿為患，則將OP打開，直至短期反彈潛力。

The EMA 20/50/100/200 stack shows OP remaining in a down trend under all major averages, with bearish slope confirmation. Again, a meaningful recovery will require OP to reclaim at least the $1.071 (23.6% Fibonacci retracement).

EMA 20/50/100/200堆棧顯示，在所有主要平均值下，OP仍處於下降趨勢中，並通過看跌坡度確認。同樣，有意義的恢復將需要OP至少收回$ 1.071（23.6％的斐波那契回收）。

On the volume side, our OBV has now made lower lows near |~415m| and deterioration has persisted. CMF has made lower lows as well recently, at around –0.04, which signals continued net capital outflows.

在音量側，我們的Obb現在使較低的低點接近| 〜415m |惡化持續了。最近，CMF在–0.04左右的低點也降低了，這發出了淨資本流出的信號。

Structurally, OP’s price remains compressing within a descending channel / falling wedge and is testing the critical support zone of $0.545–$0.600. Should we break this level, the next downside risk opens up below the $0.50 range.

從結構上講，OP的價格在下降的渠道 /下降楔塊中仍在壓縮，並測試關鍵支持區為0.545-0.600美元。如果我們打破此水平，下一個下行風險將在$ 0.50範圍內開放。

The first bullish signal we need to see would be reclaiming the $1.071–$1.4 resistance band (23.6–38.2% Fibonacci) which is no doubt going to be predicated on seeing some rotational volume and sentiment shift post the unlock.

我們需要看到的第一個看漲信號將是收回$ 1.071– $ 1.4的電阻帶（23.6–38.2％fibonacci），毫無疑問，這毫無疑問將基於看到某些旋轉量和情感變化後的解鎖。

Derivatives Insight: PYTH and OP Show Diverging Risks Ahead of Token Unlocks

衍生品的見解：pyth和op顯示在令牌解鎖之前的風險不同

PYTH Network (PYTH)

Pyth網絡（PYTH）

Coinglass data shows that PYTH’s aggregated open interest has fallen sharply from ~$80 million in December to around ~$40–50 million today, signalling that traders are de-risking ahead of the massive May 20 token unlock. Liquidation data shows limited recent action, but the last big wipeout in

Coinglass的數據顯示，Pyth的總開放興趣已從12月的8000萬美元急劇下降到今天約4000萬美元，這表明交易者在5月20日的巨大代幣解鎖之前處於低風險狀態。清算數據顯示最近的動作有限，但最後一次大量消失