<p>自上週以來，山寨幣市場遭遇了嚴重的崩潰。事實上，來自不同領域的主要山寨幣在過去 24 小時內都出現在市場最大虧損者的名單上。</p>
<p>在這方面，LayerZero 領先，期間市值損失了 10%。其網絡活動不僅影響了這一損失，還影響了山寨幣的數值前景。</p>
<h2>ZRO 關注 50% 斐波那契回撤位</h2>
<p>根據山寨幣的日線圖，ZRO 曾假裝突破了 0.786 斐波那契回撤位，但最終收盤低於該水平。該回撤是從 10 月 10 日的崩潰中推導出的，當時 ZRO 創下了$0.315 的閃電低點。這表明空頭在這個市場上已經控制了超過三個月。</p>
<p>LayerZero 當天的下跌將周損擴大至 15%。這一數字使得該山寨幣在日損失方面僅次於 Ripple (XRP) 和 ZCash (ZEC)。</p>
<p>向下的動能似乎也在增加——這表明賣方願意進一步拉低價格。MACD 柱狀圖在信號線向下交叉時變得更加密集，證實了這一觀察。</p>
<p>這一前景暗示可能會重新回到 50% 的回撤位，這與之前的阻力區重合。在這裏，情況可能會發生變化，因為多頭可能會進場並將其視為該區域的重新測試。因此，在這裏可能需要謹慎。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/ZROUSDT_2026-02-05_14-46-02-scaled.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/ZROUSDT_2026-02-05_14-46-02-scaled.png"/></p>
<p>來源：ZRO/USDT 在 TradingView 上</p>
<p>保持在$1.718 以下將增加跌至$1.45 或更低的可能性。然而，這些目標也可以被視為潛在的反轉點，因為它們同時容納了主要的多頭和空頭。</p>
<p>然而，這裏必須回答一個問題——ZRO 的下跌僅僅是因為其技術前景疲弱嗎？</p>
<h2>零售交易者可能在大量拋售…</h2>
<p>不。</p>
<p>事實上，其鏈上活動也給出了類似的信號。根據 Etherscan 的數據，ZRO 的下跌也是由於零售交易者的強烈拋售。</p>
<p>價值在$10 到略高於$100 之間的訂單湧入了像 Uniswap (UNI) 這樣的去中心化交易平台。截至發稿時，只有少數交易是做多——與做空相比數量微不足道。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144506.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144506.png"/></p>
<p>來源：Etherscan</p>
<p>這些發現證明了零售交易者的賣壓。儘管他們的交易量通常較小，但他們代表了整體市場的情緒。這可能解釋了為什麼 ZRO 的價格在圖表上下跌。</p>
<h2>LayerZero 的交易活動也在下降！</h2>
<p>最後，交易活動也降至明顯水平以下。交易數量在大約三週內下降了超過 70%——從 3,479 降至 981。</p>
<p>此外，交易金額在同一時期內從 27.735 百萬 ZRO 降至 8.137 百萬 ZRO。這些觀察結果共同表明，活動正在下降，加速了價格的下跌。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144534.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144534.png"/></p>
<p>來源：Etherscan</p>
<p>在這裏，值得注意的是，根據知名分析師 Benjamin Cowen 的説法，市場的短期前景是看跌的。那麼，全年呢？分析師對比特幣 (BTC) 也持相同看法。他聲稱，</p>
<blockquote>
<p>“BTC 下跌並拖累了其他市場。這個過程很有可能在今年晚些時候結束，所以請保持關注！”</p>
</blockquote>
<hr/>
<h2>最後思考</h2>
<ul>
<li><em>ZRO 的價格因熊市結構和網絡活動下降而崩潰了 10%.</em></li>
<li><em>一些分析師預計熊市將持續到 2026 年。</em></li>
</ul>

<p>ZRO，一種 LayerZero 的山寨幣，在更廣泛的山寨幣市場崩盤中下跌了 10%，使其周損失擴大至 15%。價格下跌歸因於零售交易者的賣壓增加以及交易活動顯著下降，三週內下降超過 70%。分析師建議，ZRO 可能會重新測試 50% 的斐波那契回撤位，如果價格持續低於 1.718 美元，可能會進一步下跌。整體市場情緒依然看跌，預計將持續下行至 2026 年</p>

<p>The altcoin market has been crashing hard since last week. In fact, major altcoins from different sectors have graced the list of the market’s biggest losers over the last 24 hours.</p>
<div class="lb-trans"><p>自上週以來，山寨幣市場遭遇了嚴重的崩潰。事實上，來自不同領域的主要山寨幣在過去 24 小時內都出現在市場最大虧損者的名單上。</p>
</div><p>On this front, LayerZero has led the way, losing 10% of its valuation during this period. Activity across its network has not only influenced this loss, but also the altcoin’s numerical outlook.</p>
<div class="lb-trans"><p>在這方面，LayerZero 領先，期間市值損失了 10%。其網絡活動不僅影響了這一損失，還影響了山寨幣的數值前景。</p>
</div><h2>ZRO eyes 50% Fibonacci retracement level</h2>
<div class="lb-trans"><h2>ZRO 關注 50% 斐波那契回撤位</h2>
</div><p>According to the altcoin’s daily chart, ZRO had faked a breakout above the 0.786 Fibonacci Retracement level only to close below it. The retracement was deduced from 10 October’s crash that saw ZRO create a flash low of $0.315. This suggested that bears had controlled this market for more than three months.</p>
<div class="lb-trans"><p>根據山寨幣的日線圖，ZRO 曾假裝突破了 0.786 斐波那契回撤位，但最終收盤低於該水平。該回撤是從 10 月 10 日的崩潰中推導出的，當時 ZRO 創下了$0.315 的閃電低點。這表明空頭在這個市場上已經控制了超過三個月。</p>
</div><p>LayerZero’s drop for the day extended the weekly losses to 15%. This figure put the altcoin behind only Ripple (XRP) and ZCash (ZEC) in terms of daily losses at press time.</p>
<div class="lb-trans"><p>LayerZero 當天的下跌將周損擴大至 15%。這一數字使得該山寨幣在日損失方面僅次於 Ripple (XRP) 和 ZCash (ZEC)。</p>
</div><p>Momentum in favour of more downside seemed to be increasing too – A sign that sellers were willing to pull the price further down. The MACD bars, becoming denser as the signal lines crossed over on the downward side, confirmed this observation.</p>
<div class="lb-trans"><p>向下的動能似乎也在增加——這表明賣方願意進一步拉低價格。MACD 柱狀圖在信號線向下交叉時變得更加密集，證實了這一觀察。</p>
</div><p>This outlook suggested a potential revisit to the 50% retracement level, which coincided with a previous resistance zone. Here, things could change as bulls could come in and view this as a retest for the area. So, caution may be warranted here.</p>
<div class="lb-trans"><p>這一前景暗示可能會重新回到 50% 的回撤位，這與之前的阻力區重合。在這裏，情況可能會發生變化，因為多頭可能會進場並將其視為該區域的重新測試。因此，在這裏可能需要謹慎。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/ZROUSDT_2026-02-05_14-46-02-scaled.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/02/ZROUSDT_2026-02-05_14-46-02-scaled.png"/></p>
<p>Source: ZRO/USDT on TradingView</p>
<div class="lb-trans"><p>來源：ZRO/USDT 在 TradingView 上</p>
</div><p>Staying below $1.718 would heighten the chances of a drop to $1.45 or lower. However, these targets could also be viewed as potential reversal points, as they house both major bulls and bears.</p>
<div class="lb-trans"><p>保持在$1.718 以下將增加跌至$1.45 或更低的可能性。然而，這些目標也可以被視為潛在的反轉點，因為它們同時容納了主要的多頭和空頭。</p>
</div><p>However, one question must be answered here – Is ZRO declining only because of its weak technical outlook?</p>
<div class="lb-trans"><p>然而，這裏必須回答一個問題——ZRO 的下跌僅僅是因為其技術前景疲弱嗎？</p>
</div><h2>Retail traders may be selling hard…</h2>
<div class="lb-trans"><h2>零售交易者可能在大量拋售…</h2>
</div><p>No.</p>
<div class="lb-trans"><p>不。</p>
</div><p>In fact, its on-chain activity has been giving similar vibes. As per data from Etherscan, ZRO has been dropping because of intense selling from retail traders too.</p>
<div class="lb-trans"><p>事實上，其鏈上活動也給出了類似的信號。根據 Etherscan 的數據，ZRO 的下跌也是由於零售交易者的強烈拋售。</p>
</div><p>A sea of orders worth between $10 and slightly above $100 has been flooding DEX platforms like Uniswap (UNI). At press time, only a few trades were long – Insignificant in number compared to shorts.</p>
<div class="lb-trans"><p>價值在$10 到略高於$100 之間的訂單湧入了像 Uniswap (UNI) 這樣的去中心化交易平台。截至發稿時，只有少數交易是做多——與做空相比數量微不足道。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144506.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144506.png"/></p>
<p>Source: Etherscan</p>
<div class="lb-trans"><p>來源：Etherscan</p>
</div><p>These findings are evidence of sell pressure from retail traders. Even though their volume has been usually small, they represent the sentiment of the general market. This might explain why the price of ZRO fell on the charts.</p>
<div class="lb-trans"><p>這些發現證明了零售交易者的賣壓。儘管他們的交易量通常較小，但他們代表了整體市場的情緒。這可能解釋了為什麼 ZRO 的價格在圖表上下跌。</p>
</div><h2>Transaction activity on LayerZero sliding too!</h2>
<div class="lb-trans"><h2>LayerZero 的交易活動也在下降！</h2>
</div><p>Finally, the transaction activity dipped below noticeable levels too. The number of transaction counts dropped by more than 70% in about three weeks – Down from 3,479 to 981.</p>
<div class="lb-trans"><p>最後，交易活動也降至明顯水平以下。交易數量在大約三週內下降了超過 70%——從 3,479 降至 981。</p>
</div><p>Additionally, the number of transaction amounts fell from 27.735 million ZRO to 8.137 million ZRO over the same period. Together, these observations suggested that activity has been sliding, accelerating the price drop.</p>
<div class="lb-trans"><p>此外，交易金額在同一時期內從 27.735 百萬 ZRO 降至 8.137 百萬 ZRO。這些觀察結果共同表明，活動正在下降，加速了價格的下跌。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144534.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-05-144534.png"/></p>
<p>Source: Etherscan</p>
<div class="lb-trans"><p>來源：Etherscan</p>
</div><p>Here, it’s worth noting that according to popular analyst Benjamin Cowen, the near-term outlook for the market is bearish. What about the rest of the year though? Well, the analyst expects the same for Bitcoin (BTC). He claimed,</p>
<div class="lb-trans"><p>在這裏，值得注意的是，根據知名分析師 Benjamin Cowen 的説法，市場的短期前景是看跌的。那麼，全年呢？分析師對比特幣 (BTC) 也持相同看法。他聲稱，</p>
</div><blockquote>
<p>“BTC goes down and drags the rest of the market with it. Good chance this process ends later this year, so stay tuned!”</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>“BTC 下跌並拖累了其他市場。這個過程很有可能在今年晚些時候結束，所以請保持關注！”</p>
</blockquote>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2>Final Thoughts</h2>
<div class="lb-trans"><h2>最後思考</h2>
</div><ul>
<li><em>ZROs price crashed by 10% on the back of a bear market structure and a fall in network activity.</em></li>
<li><em>Some analysts expect the bear market to last through 2026.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>ZRO 的價格因熊市結構和網絡活動下降而崩潰了 10%.</em></li>
<li><em>一些分析師預計熊市將持續到 2026 年。</em></li>
</ul>
</div>

ZRO down 10% after retail sells hard, but are more losses next?

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ZRO 在零售商大幅拋售後下跌 10%，但接下來是否會有更多損失？