pyth在解锁之前建立了看跌势头

目前，Pyth Coin的价格约为0.139美元，这反映了自昨天以来的不小上升。

Pyth Network (PYTH)

Pyth网络（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硬币价格目前约为0.139美元，显示出昨天的低点略有恢复。但是，重要的是要注意，Pyth从12月初的交易超过0.55美元起就已经大幅下降。此外，即将在8600万美元的代币中要考虑进入循环供应，即将考虑的解锁波动。

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

直接支撑区为0.12美元，这是迄今为止一直保持着的关注。下一个关键阻力是：

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

$ 0.215（23.6％斐波那契） - >关键突破区域

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

$ 0.275（38.2％斐波那契） - >观察新势头

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在动量中显示出较弱的强度，但仍低于中性50水平。 CMF（ +0.08-0.12左右）表示令人鼓舞的资本流入。但是，在〜1.07b处的OBP尚未恢复到最近的高（约1.2b），这表明购买压力持续了。

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.

价格仍在所有主要EMA（20/50/100/200）下，这进一步表明了更广泛的趋势。如果$ 0.12休息，那么下一个关键水平的下一个临界水平约为0.10美元，这可能带来更多的销售压力。

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.

总体而言，如果Pyth可以打折任何潜在的动量翻转 /催化剂，否则偏见仍然是看跌，除非Pyth可以提早爆发到0.215美元以上。如果转弯，只需观看最可能的短挤压。

Optimism (OP)

乐观（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，乐观币的交易价格约为0.632美元。从2024年12月的2.773美元的峰值起，它的峰值长而缓慢下降。增加了波动性的看法，在5月31日发生在16,494的大块上的大量令牌解锁（〜3.86亿OP，价值约5.87亿美元即将降低到网络中）。

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.

下面的每日图表上的RSI指标几乎落到了〜36的超售区。这表明卖家处于控制之中，但如果短裤人满为患，则将OP打开，直至短期反弹潜力。

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堆栈显示，在所有主要平均值下，OP仍处于下降趋势中，并通过看跌坡度确认。同样，有意义的恢复将需要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.

在音量侧，我们的Obb现在使较低的低点接近| 〜415m |恶化持续了。最近，CMF在–0.04左右的低点也降低了，这发出了净资本流出的信号。

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.

从结构上讲，OP的价格在下降的渠道 /下降楔块中仍在压缩，并测试关键支持区为0.545-0.600美元。如果我们打破此水平，下一个下行风险将在$ 0.50范围内开放。

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.

我们需要看到的第一个看涨信号将是收回$ 1.071– $ 1.4的电阻带（23.6–38.2％fibonacci），毫无疑问，这毫无疑问将基于看到某些旋转量和情感变化后的解锁。

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

衍生品的见解：pyth和op显示在令牌解锁之前的风险不同

PYTH Network (PYTH)

Pyth网络（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的数据显示，Pyth的总开放兴趣已从12月的8000万美元急剧下降到今天约4000万美元，这表明交易者在5月20日的巨大代币解锁之前处于低风险状态。清算数据显示最近的动作有限，但最后一次大量消失