模因硬币市场正在崩溃，由于加密货币的风险情绪下降，损失了数亿美元的市值

在过去的24小时中，像Dogecoin（Doge），Shiba Inu（Shib）和Trump这样的大代币都落后了很长时间，证明投机性资产仍然很脆弱

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.

模因硬币市场崩溃了，由于加密货币的风险情绪下降，因此损失了数亿美元的市值。在过去的24小时中，像Dogecoin（Doge），Shiba Inu（Shib）和Trump这样的大代币都下降了，而较小的模因硬币也受到了巨大打击。

TRUMP Token Leads the Decline

特朗普代币领导下降

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，从而消除了本周的所有收益。尽管产生了6.25亿美元的数量（由于社会炒作和政治头条），特朗普无法坚持收益。代币正在显示投资者的疲劳，并摆脱了风险交易的转变。

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小时的图表上，特朗普在对称的三角形中压缩，价格略低于50个时期的EMA，$ 12.77。最近的价格行动显示出短暂的突破至13.88美元，但公牛无法坚持。 MACD为正，直方图是绿色的，但仍需要以13.88美元的价格确认设置。直到$ 12.21的级别是值得关注的水平，如果它突破到低于$ 11.59。

Other Meme Coins Follow

其他模因硬币跟随

While TRUMP was the headliner, other meme tokens followed:

当特朗普是头条新闻时，其他模因令牌紧随其后：

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.

特别值得注意的是，尽管最近有400万美元进入冷藏库（通常是看涨的标志），但Bonk还是下降了。即使是长期持有人似乎也被吓到并正在销售。

Volatility and Leverage is the Fire

波动性和杠杆作用是大火

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.

分析师指出，经过数周的Meme Coin集会，市场波动，去杠杆化和利润的上升结合在一起。随着比特币努力赚到104K $ 104K，以太坊正面临技术压力，Altcoins（尤其是炒作）正是首当其冲的。

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.

最近关于政治上关联令牌的指控以及批量可持续性的问题而没有基本结构，这进一步扩大了这一点。尽管社会势头仍然是这个领域的主要驱动力，但投资者的胃口似乎在没有主要催化剂的情况下干燥。

Outlook: Wait for Confirmation

展望：等待确认

Bullish above $13.88 to $14.75 and $15.32

看涨$ 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支持和价格压缩意味着一个大动作即将到来，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.

在比特币稳定下来，特朗普清除其技术范围之前，模因硬币交易者应该等待，不要追逐短期波动。