Raydium [Ray]记录了令人印象深刻的恢复

自3月份的整合阶段以来，Raydium [Ray]的恢复令人印象深刻，随着Bullish Momentum返回Altcoin Market，攀升了60％以上。

Raydium [RAY] price has recorded an impressive recovery since March as bullish momentum returned to the altcoin market.

自3月份以来，Raydium [Ray] Price恢复了令人印象深刻的恢复，随着Bullish势头重返Altcoin市场。

This recovery pushed the token close to a critical resistance zone at $2.30, where prior rejections have occurred.

这种恢复将令牌靠近关键的阻力区域，售价为2.30美元，在此之前发生了拒绝。

As market participants eye this region closely, the next few sessions could determine whether this rally will extend further or stall into a corrective phase.

当市场参与者密切关注该地区时，接下来的几个会议可以确定该集会是否会进一步延伸或陷入纠正阶段。

A cautiously bullish outlook

谨慎的看法

While price action continues to push upward, the Funding Rate tells a more grounded story.

尽管价格行动继续向上推动，但资金率讲述了一个更扎实的故事。

The OI-Weighted Funding Rate sat at 0.0054% at press time, reflecting a slightly bullish sentiment without veering into overconfidence.

OI加权的筹资率在发稿时为0.0054％，反映出略微看涨的情绪而不会过度自信。

This neutral-to-positive rate suggests that while traders are positioned long, they are doing so with limited leverage. In fact, the lack of reckless leverage speaks to a more disciplined risk appetite.

这种中性到阳性的速度表明，尽管交易者的位置很长，但他们的杠杆作用有限。实际上，缺乏鲁ck的杠杆作用说明了一种纪律严明的风险食欲。

This maturity in positioning reduces the odds of a wipeout and often lends staying power to trends.

定位的这种成熟度减少了消灭的几率，并且经常借给趋势。

Source: CoinGlass

资料来源：小店

RAY liquidation map reveals…

射线清算图显示…

Derivatives heatmaps add an important layer to this outlook.

衍生品热图为此前景增添了重要的层。

A dense cluster of long liquidations sits between $2.04 and $2.16, meaning a drop into this zone could trigger a rapid wave of forced selling.

一大批长清算集团在2.04美元至2.16美元之间，这意味着进入该区域可能会触发强迫销售的迅速浪潮。

On the other hand, short liquidations above $2.32 are comparatively thin, implying less friction if the price breaks higher.

另一方面，超过$ 2.32的短清算相对较薄，如果价格较高，则意味着摩擦较小。

The liquidation map paints a picture of asymmetric risk: downside wicks could accelerate, while upside movement might be smoother. Maintaining support above $2.16 becomes crucial for sustaining this bullish setup.

清算地图描绘了不对称风险的图片：下行的灯芯可能会加速，而上行移动可能会更顺畅。维持2.16美元以上的支持对于维持这种看涨的设置至关重要。

Source: Coinglass

资料来源：小店

A healthy but cautious buildup

健康但谨慎的积累

Market activity shows that traders are becoming more engaged, but not recklessly.

市场活动表明，贸易商变得越来越参与，但并非鲁ck。

As of press time, Open Interest stood at $16.48 million, while volume surged to $37.8 million.

截至发稿时，Open权益为1648万美元，而数量飙升至3780万美元。

The divergence between volume and declining Open Interest highlights growing participation without a spike in speculative leverage.

数量和开放兴趣下降之间的差异突出了参与的日益增长，而没有投机性杠杆作用。

This divergence signals that participants are using spot and low-leverage plays rather than piling into speculative bets. That restraint, in turn, gives this rally stronger legs.

这种分歧表明参与者正在使用现场和低杠杆作用，而不是堆积投机赌注。反过来，这种约束使这次集会更强。

Source: CoinGlass

资料来源：小店

Breakout potential above $2.51 resistance

超过2.51美元的突破潜力

Technically, RAY has cleared the upper boundary of a prolonged accumulation range between $1.48 and $2.51. The asset is forming higher lows, with structure favoring continuation if buying pressure sustains.

从技术上讲，雷清除了延长累积范围在1.48美元至2.51美元之间的上限。资产正在形成更高的低点，如果购买压力持续下去，则有利于延续的结构。

At press time, the token traded at $2.27—up 3.57% in 24 hours. However, bulls must protect $2.16 and push decisively above $2.51 to validate a breakout.

发稿时，令牌的交易价格为2.27美元，24小时内为3.57％。但是，公牛必须保护2.16美元，并果断地推高2.51美元以验证突破。

If these conditions are met, the next significant resistance lies at $4.50—a zone that previously rejected momentum and triggered a reversal.

如果满足这些条件，则下一个明显的阻力为4.50美元，一个以前拒绝动量并触发逆转的区域。

Reclaiming that level would confirm a larger trend shift in favor of buyers.

收回该水平将确认更大的趋势转变，有利于买家。