Notcoin（NOT）在加密货币市场中的挣扎仍在继续

Notcoin（NOT）仍在加密货币市场中苦苦挣扎。该代币的价格在过去 30 天内暴跌了 31%，并且随着网络活动和技术指标的疲软，人们对其未来的担忧与日俱增。

Notcoin (NOT) continues to face difficulties in the crypto market. The token’s price has seen a steep decline of 31% over the last 30 days, sparking concerns about its future prospects. This article analyzes the challenges faced by Notcoin and explores what lies ahead for the embattled cryptocurrency.

Notcoin（NOT）在加密货币市场中继续面临困难。该代币的价格在过去 30 天内急剧下跌 31%，引发了对其未来前景的担忧。本文分析了 Notcoin 面临的挑战，并探讨了这种陷入困境的加密货币的未来前景。

Massive Token Burn Fails to Boost NOT’s Fortunes

大规模代币销毁未能增加 NOT 的财富

Cryptocurrency projects often utilize token burns to reduce supply, aiming to increase the token’s value by creating scarcity. However, in the case of Notcoin, even a substantial burn of 233 million tokens has not been sufficient to turn its fortunes around.

加密货币项目通常利用代币销毁来减少供应，旨在通过创造稀缺性来增加代币的价值。然而，就 Notcoin 而言，即使大量销毁 2.33 亿枚代币也不足以扭转其命运。

Over the past month, Notcoin has experienced a significant price drop, leading to questions about the token’s future prospects. Instead of boosting confidence, the token burn seems to have been overshadowed by broader concerns about the project’s network activity and technical performance.

过去一个月，Notcoin 的价格大幅下跌，引发了对该代币未来前景的质疑。代币销毁似乎并没有提振信心，而是被对该项目网络活动和技术性能的更广泛担忧所掩盖。

Weakening Price Momentum and Technical Indicators

价格动能和技术指标走弱

One of the most concerning aspects of Notcoin’s current performance is its weakening momentum in the spot market. According to data from TradingView, the Relative Strength Index (RSI) for NOT/USD on a 4-hour chart has been on a consistent downward trend since September 9. The RSI is a key indicator that measures the strength of price movements, and a down-trending RSI suggests increasing selling pressure.

Notcoin 当前表现最令人担忧的方面之一是其在现货市场的疲软势头。根据TradingView的数据，NOT/USD 4小时图上的相对强弱指数（RSI）自9月9日以来一直处于持续下降趋势。RSI是衡量价格走势强弱的关键指标，也是衡量价格走势强弱的关键指标。下降趋势的 RSI 表明抛售压力增加。

As the RSI approaches oversold territory, it’s becoming clear that sellers are dominating the market. This points to the possibility of further price declines unless there is a substantial reversal in market sentiment.

随着 RSI 接近超卖区域，卖家正在主导市场的情况变得越来越明显。这表明除非市场情绪出现大幅逆转，否则价格可能进一步下跌。

Adding to the pressure, only 23% of Notcoin addresses are currently in profit, according to IntoTheBlock data, with a staggering 65.50% of addresses holding losses. This creates a psychological barrier for investors, many of whom may opt to cut their losses if the token’s price continues to fall.

根据 IntoTheBlock 数据，目前只有 23% 的 Notcoin 地址处于盈利状态，而 65.50% 的地址处于亏损状态，这让压力雪上加霜。这给投资者造成了心理障碍，如果代币价格继续下跌，许多人可能会选择减少损失。

Declining Network Activity: A Major Concern

网络活动下降：一个主要问题

Beyond technical analysis, the on-chain metrics paint a grim picture for Notcoin. Network activity has been on the decline, with new addresses dropping by 41.9% over the past seven days. This is a clear indication that fewer users are interested in joining the Notcoin ecosystem.

除了技术分析之外，链上指标还为 Notcoin 描绘了一幅严峻的图景。网络活动一直在下降，过去 7 天内新地址下降了 41.9%。这清楚地表明有兴趣加入 Notcoin 生态系统的用户越来越少。

More alarmingly, active addresses have plunged by 49.2% in the same period, signaling that even existing users are losing interest in the project. A decline in active addresses often reflects diminishing user engagement, which can be disastrous for the long-term viability of a cryptocurrency.

更令人担忧的是，同期活跃地址下降了 49.2%，这表明即使是现有用户也对该项目失去了兴趣。活跃地址的下降通常反映出用户参与度的下降，这对于加密货币的长期生存能力可能是灾难性的。

The sharp decline in user activity has also impacted transaction volumes. Since September 13, the number of transactions on the Notcoin network has consistently hovered below 50,000. On September 17, transaction volumes hit a 7-day low of 41.23K, indicating that user participation is drying up.

用户活动的急剧下降也影响了交易量。自9月13日以来，Notcoin网络的交易笔数一直徘徊在5万笔以下。 9 月 17 日，交易量触及 7 天低点 4.123 万，表明用户参与度正在枯竭。

Adding to the bleak outlook is the drop in whale activity. On September 16, the number of large transactions hit a 7-day low of just three, showing that even deep-pocketed investors are backing away from the project.

鲸鱼活动的减少加剧了前景的黯淡。 9月16日，大额交易数量创下7天新低，仅为3笔，这表明即使是财力雄厚的投资者也在退出该项目。

Notcoin’s Price Outlook: Is There Any Hope?

Notcoin 的价格前景：还有希望吗？

At the time of writing, Notcoin is trading slightly above its $0.0070 support level. The token has been stuck in a falling wedge pattern since June, consistently testing lower resistance levels. The next key support zone sits around $0.0044, and with little buying interest in the market, a slip below this level could result in further losses.

截至撰写本文时，Notcoin 的交易价格略高于 0.0070 美元的支撑位。自 6 月份以来，该代币一直陷入下降楔形模式，不断测试较低的阻力位。下一个关键支撑区域位于 0.0044 美元左右，由于市场买盘兴趣不大，跌破该水平可能会导致进一步损失。

Zooming in on the 4-hour chart, it becomes clear that the token has been consolidating between $0.007 and $0.0084 throughout September. While there was a brief rally to $0.0076 on September 17, the token was quickly rejected, continuing its downward trajectory under a descending resistance line.

放大 4 小时图表，可以明显看出该代币在整个 9 月份一直在 0.007 美元到 0.0084 美元之间盘整。虽然 9 月 17 日短暂上涨至 0.0076 美元，但该代币很快被拒绝，在下降的阻力线下继续其下行轨迹。

Without a clear catalyst to ignite buying interest, the token is likely to face ongoing pressure. Investors hoping for a turnaround may have to wait, as both technical and on-chain indicators remain bearish.

如果没有明确的催化剂来激发购买兴趣，该代币可能会面临持续的压力。由于技术和链上指标仍然看跌，希望出现好转的投资者可能不得不等待。

Growing Correlation with Ethereum and Bitcoin

与以太坊和比特币的关联性不断增强

Interestingly, Notcoin’s price movement has increasingly become correlated with that of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). According to Into The Block, the 30-day correlation between Notcoin and Ethereum has risen to 0.81, nearing its highest value of 0.85 seen in August.

有趣的是，Notcoin 的价格走势与比特币 (BTC) 和以太坊 (ETH) 等主要加密货币的价格走势越来越相关。根据 Into The Block 的数据，Notcoin 和以太坊之间的 30 天相关性已升至 0.81，接近 8 月份的最高值 0.85。

This growing correlation suggests that Notcoin’s price is increasingly tied to the broader market, particularly the movements of flagship assets like Ethereum. While this could provide some stability in the event of a market-wide rally, it also means that Notcoin is vulnerable to broader crypto market downturns.

这种日益增强的相关性表明，Notcoin 的价格与更广泛的市场越来越紧密地联系在一起，尤其是以太坊等旗舰资产的走势。虽然这可以在整个市场上涨时提供一定的稳定性，但这也意味着 Notcoin 很容易受到更广泛的加密市场低迷的影响。

Conclusion: What’s Next for Notcoin?

结论：Notcoin 的下一步是什么？

Notcoin’s struggles highlight the challenges faced by smaller cryptocurrency projects in sustaining user engagement and investor confidence. Despite burning a large number of tokens, the project is still facing declining network

Notcoin 的困境突显了小型加密货币项目在维持用户参与度和投资者信心方面面临的挑战。尽管销毁了大量代币，该项目仍面临网络下滑的情况