隨著公牛的控制權，Thorchain [符文]集會15.64％

由於公牛對市場的控制權，在過去的24小時內，Thorchain [Rune]在過去的24小時內增加了15.64％。但是，目前尚不清楚Altcoin是否可以維持其70％的增益

As mentioned in the previous analysis, THORChain [RUNE] was approaching a critical level of resistance. This level, around $2.93, had been closely followed throughout May. At this level, a cluster of selling orders could exert downward pressure on the altcoin, potentially leading to a decline toward the $1.768 support.

如先前的分析中所述，Thorchain [Rune]正在接近臨界電阻水平。在整個5月，這個水平約為2.93美元。在這個級別上，一群銷售訂單可能會對山寨幣施加向下壓力，這可能導致下降到1.768美元的支持。

However, if bullish momentum persists, a clean break above $2.93 could open the gates for RUNE to rally toward $4.14. This level marked the last major top before February’s sell-off.

但是，如果看漲的勢頭持續下去，高於$ 2.93的干淨休息可能會打開符文的大門，將符文召集到4.14美元。該水平標誌著2月拋售之前的最後一個主要頂級。

Now, despite the recent recovery of over 70% from the January lows, a key factor that could hinder RUNE's further ascent is the presence of strong selling activity by spot traders.

現在，儘管最近從一月份的低點恢復了70％以上，但這可能會阻礙符文進一步上升的關鍵因素是現場交易者的銷售活動很強。

CoinGlass data revealed a Net Outflow of $1.68 million on the 22nd of May, indicating potential profit-taking or hedging behavior by spot traders.

Coinglass數據顯示5月22日的淨流出為168萬美元，表明現貨交易者的潛在利潤或對沖行為。

This selling activity could exert downward pressure on RUNE, setting the stage for a potential return toward the $1.70 level, where another cluster of liquidity could trigger a rebound.

這種銷售活動可能會對符文施加向下的壓力，為潛在的回報奠定了基礎，在1.70美元的水平上，另一組流動性可能會引發反彈。

Nevertheless, if this selling activity is part of a broader correction from the February highs, then further downside cannot be ruled out.

然而，如果這種銷售活動是2月高點的更廣泛糾正的一部分，則不能排除進一步的缺點。

Can derivatives momentum keep RUNE afloat?

衍生品動量可以保持符文浮游嗎？

Looking at the derivatives market, key metrics such as Open Interest and the Long/Short Ratio have so far supported the potential for continued upside for RUNE.

從衍生品市場中，迄今為止，諸如開放興趣和較長比例之類的關鍵指標都支持符文的持續上升空間。

Open Interest, which measures the total value of unsettled derivative contracts, surged by 18.65% in the past 24 hours to reach $86.57 million.

衡量未解決的衍生合同的總價值的開放利息在過去24小時內飆升了18.65％，達到了8657萬美元。

While this metric alone does not confirm a bullish or bearish trend, it reflects a build-up in market activity, which is usually associated with sustained price movements.

儘管僅此度量標準並不能確認看漲或看跌趨勢，但它反映了市場活動的積累，這通常與持續的價格變動有關。

Moreover, the Long/Short Ratio, which measures the ratio of traders who are betting on the price to go up versus those betting on the price to go down, climbed to 1.105. This reading suggests that, at present, there are more traders who believe RUNE will continue rising.

此外，長/短比例衡量了押注價格上漲的交易者的比率與下降價格下跌的賭注，升至1.105。這次讀物表明，目前，有更多的交易者認為符文將繼續上升。

This long-heavy bias could keep the token afloat, at least until the derivatives market shifts in favor of bears.

這種長期繁重的偏見可以保持代幣的漂浮，至少直到衍生品市場轉移而轉向支持熊。

What does the Liquidation Heatmap show?

清算熱圖顯示什麼？

Finally, to gain further insight into the token's price movements, AMBCrypto analyzed the Liquidation Heatmap.

最後，為了進一步了解令牌的價格變動，Ambcrypto分析了清算熱圖。

This map highlights clusters of unsettled orders using various colored zones (excluding black), which act as magnets that attract price movement.

該地圖突出顯示了使用各種彩色區域（不包括黑色）的未安置訂單的集群，這些區域充當吸引價格移動的磁鐵。

As highlighted in the previous analysis, more liquidity clusters appeared below the current price, especially near $1.70. This suggests that a downward move in this direction could trigger widespread liquidations, setting the stage for a bounce.

正如先前分析中強調的那樣，更多的流動性集群出現在當前價格以下，尤其是$ 1.70。這表明朝這個方向的向下移動可能會觸發廣泛的清算，從而為反彈奠定了基礎。

However, if the price moves higher instead, RUNE will encounter a key resistance at approximately $2.30, which aligns with existing chart levels, before another possible decline.

但是，如果價格更高，符文將遇到約2.30美元的鑰匙阻力，這與現有圖表水平保持一致，然後再下降。