随着公牛的控制权，Thorchain [符文]集会15.64％

由于公牛对市场的控制权，在过去的24小时内，Thorchain [Rune]在过去的24小时内增加了15.64％。但是，目前尚不清楚Altcoin是否可以维持其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]正在接近临界电阻水平。在整个5月，这个水平约为2.93美元。在这个级别上，一群销售订单可能会对山寨币施加向下压力，这可能导致下降到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，如果看涨的势头持续下去，高于$ 2.93的干净休息可能会打开符文的大门，将符文召集到4.14美元。该水平标志着2月抛售之前的最后一个主要顶级。

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.

现在，尽管最近从一月份的低点恢复了70％以上，但这可能会阻碍符文进一步上升的关键因素是现场交易者的销售活动很强。

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数据显示5月22日的净流出为168万美元，表明现货交易者的潜在利润或对冲行为。

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.

这种销售活动可能会对符文施加向下的压力，为潜在的回报奠定了基础，在1.70美元的水平上，另一组流动性可能会引发反弹。

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

然而，如果这种销售活动是2月高点的更广泛纠正的一部分，则不能排除进一步的缺点。

Can derivatives momentum keep RUNE afloat?

衍生品动量可以保持符文浮游吗？

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.

从衍生品市场中，迄今为止，诸如开放兴趣和较长比例之类的关键指标都支持符文的持续上升空间。

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.

衡量未解决的衍生合同的总价值的开放利息在过去24小时内飙升了18.65％，达到了8657万美元。

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.

尽管仅此度量标准并不能确认看涨或看跌趋势，但它反映了市场活动的积累，这通常与持续的价格变动有关。

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，长/短比例衡量了押注价格上涨的交易者的比率与下降价格下跌的赌注，升至1.105。这次读物表明，目前，有更多的交易者认为符文将继续上升。

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

这种长期繁重的偏见可以保持代币的漂浮，至少直到衍生品市场转移而转向支持熊。

What does the Liquidation Heatmap show?

清算热图显示什么？

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

最后，为了进一步了解令牌的价格变动，Ambcrypto分析了清算热图。

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

该地图突出显示了使用各种彩色区域（不包括黑色）的未安置订单的集群，这些区域充当吸引价格移动的磁铁。

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.

正如先前分析中强调的那样，更多的流动性集群出现在当前价格以下，尤其是$ 1.70。这表明朝这个方向的向下移动可能会触发广泛的清算，从而为反弹奠定了基础。

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，如果价格更高，符文将遇到约2.30美元的钥匙阻力，这与现有图表水平保持一致，然后再下降。