Dogecoin (DOGE) and XRP have experienced the most significant profitability decline over the last 30 days, according to recent on-chain data from blockchain analytics firm Glassnode.

根据区块链分析公司GlassNode的最新链上数据，Dogecoin（Doge）和XRP在过去30天内的获利能力最大。

According to a recent X post by Glassnode, two major cryptocurrencies have seen the sharpest decreases in Supply in Profit over the past 30 days. The post claims that Dogecoin (DOGE) and XRP have faced the largest reductions in Profit Supply, which could be indicative of broader market movements.

根据GlassNode最近的X帖子，在过去30天中，利润供应的供应量最大最高。该帖子声称，Dogecoin（Doge）和XRP面临利润供应量最大的最大降低，这可能表明了更广泛的市场发展。

According to Glassnode’s analysis, Dogecoin’s Supply in Profit has decreased from 76% on July 1 to 61% on August 1. This signals that a larger portion of Dogecoin’s circulating supply is now held at prices lower than the asset’s current market value.

根据GlassNode的分析，Dogecoin的利润供应量从7月1日的76％下降到8月1日的61％。这表明现在，Dogecoin的循环供应量的较大部分现在以低于该资产的当前市场价值低。

Meanwhile, XRP’s Profitability Drops

同时，XRP的盈利能力下降

XRP, one of the largest cryptocurrencies by market capitalization, has seen a substantial decrease in Profitability over the past month. The analysis highlights that:

XRP是市场资本化最大的加密货币之一，在过去一个月中，盈利能力大幅下降。分析强调：

On August 1, 2023, XRP’s Supply in Profit stands at 56%, a significant decline from July 1, 2023, when it was at 74%.

2023年8月1日，XRP的利润供应量为56％，从2023年7月1日起，XRP的供应量显着下降，当时为74％。

This rapid reduction in Profit Supply could be a factor contributing to the potential buildup of "maximalist biases."

利润供应量的这种快速降低可能是导致“最大偏见”潜在积累的一个因素。

The fib level at 0.618 coincides with a key level of Accumulation, presenting an opportunity for strategic traders.

FIB水平为0.618，与关键的积累水平相吻合，为战略交易者提供了机会。

Implications For Investors

对投资者的影响

The current drops in profitability for both Dogecoin and XRP have both challenges and opportunities for investors. Some traders and investors might be pivoting their strategies due to these shifts in market dynamics.

目前，Dogecoin和XRP的盈利能力下降了投资者的挑战和机遇。由于市场动态的这些转变，一些交易者和投资者可能正在旋转其策略。

Historical Precedents

历史先例

Analyzing previous trends in Supply in Profit can help assess the potential outcomes of the current situation. In past cycles:

分析以前的利润供应趋势可以帮助评估当前情况的潜在结果。在过去的周期中：

Past cycles have shown that when a large portion of an asset’s supply is in profit (above 70%), it’s typically observed in bull market cycles.

过去的周期表明，当资产供应的大部分供应量（超过70％）时，通常在牛市周期中观察到。

Conversely, when a significant portion of an asset’s supply goes into loss, it’s often encountered during bear market cycles, rendering traders and investors less likely to realize profits.

相反，当资产供应的很大一部分损失时，经常在熊市周期中遇到它，使交易者和投资者不太可能实现利润。

Potential Scenarios

潜在方案

Based on historical data and current market conditions, Dogecoin and XRP could follow several potential paths:

根据历史数据和当前的市场状况，Dogecoin和XRP可以遵循几种潜在的途径：

Both cryptocurrencies could continue to experience further decreases in their respective Profit Supply.

两种加密货币都可能继续经历各自的利润供应量进一步下降。

Alternatively, both cryptocurrencies could stage a recovery, leading to an increase in Profit Supply.

另外，两种加密货币都可以进行恢复，从而导致利润供应量增加。

Investor Strategies

投资者策略

Given the uncertainty in market conditions, traders and investors can consider various strategies to navigate the current trends:

鉴于市场状况的不确定性，交易者和投资者可以考虑各种策略来浏览当前趋势：

Those interested in Accumulation could capitalize on the lower price levels of both cryptocurrencies as they are currently in Accumulation zones.

那些对积累感兴趣的人可以利用这两种加密货币的较低价格水平，因为它们目前处于累积区域。

Traders who prefer shorter-term opportunities can focus on the 30-day chart to identify potential entry and exit points for trading.

偏爱较短机会的交易者可以专注于30天的图表，以确定交易的潜在进入和退出点。

Those with a longer-term investment horizon might prefer to zoom out and analyze the bigger picture of both cryptocurrencies.

那些拥有长期投资范围的人可能更喜欢缩小并分析这两种加密货币的更大情况。