Crypto Marketの減少：クラッシュの背後にある主な理由

The cryptocurrency market has experienced a steep sell-off, shedding over $500 billion in total market capitalization since Friday, February 3. This downturn marks one of the sharpest sell-offs in recent months, with over $2.1 billion liquidated in just 24 hours—surpassing even the losses seen during the FTX collapse and the COVID-19 crash.

The cryptocurrency market has experienced a steep sell-off, shedding over $500 billion in total market capitalization since Friday, February 3. This downturn marks one of the sharpest sell-offs in recent months, with over $2.1 billion liquidated in just 24 hours—surpassing FTXの崩壊とCovid-19のクラッシュ中に見られる損失でさえ。

As the market faces massive deleveraging, Bitcoin has experienced a more than 10% decline in the past two weeks, while Ethereum has plunged over 30%. However, both cryptocurrencies are now facing critical support levels that could determine the next market move.

As the market faces massive deleveraging, Bitcoin has experienced a more than 10% decline in the past two weeks, while Ethereum has plunged over 30%.ただし、両方の暗号通貨は、次の市場の動きを決定できる重要なサポートレベルに直面しています。

Crypto Market’s Decline: Major Reasons Behind the Crash

Crypto Marketの減少：クラッシュの背後にある主な理由

The ongoing downturn in the cryptocurrency market has been influenced by a series of factors, chief among them being President Donald Trump’s trade wars. After months of anticipation surrounding his second term in office, the sell-the-event scenario has unfolded, with investors reacting negatively to Trump’s new tariff policies targeting Canada, Mexico, and China. The trade wars have led to retaliation from these countries, creating widespread economic uncertainty and triggering a chain reaction in both traditional stock markets and the cryptocurrency sector. As a result, Bitcoin and Ethereum have seen a steep decline, mirroring the broader market sell-offs.

The ongoing downturn in the cryptocurrency market has been influenced by a series of factors, chief among them being President Donald Trump's trade wars.就任の彼の第2期を取り巻く数ヶ月の予想の後、販売されたイベントシナリオが展開され、投資家はカナダ、メキシコ、中国を標的とするトランプの新しい関税政策に否定的に反応しました。貿易戦争は、これらの国からの報復につながり、広範な経済的不確実性を生み出し、従来の株式市場と暗号通貨セクターの両方で連鎖反応を引き起こしました。その結果、ビットコインとイーサリアムは急激に減少し、より広範な市場の売却を反映しています。

Ethereum Faces Massive Whales’ Capitulation

イーサリアムは巨大なクジラの降伏に直面しています

Ethereum has been particularly hard-hit, with a significant capitulation event unfolding among Ethereum whales. The surge in Ethereum’s supply on centralized exchanges has reached a new 12-month peak of 16.2 million ETH, signaling that large investors have been offloading their positions en masse over the past 24 hours. This panic selling among whales has further intensified the decline in Ethereum’s price, which is now testing critical support levels.

イーサリアムは特に激しい打撃を受けており、イーサリアムクジラの間で重要な降伏イベントが展開されています。 The surge in Ethereum's supply on centralized exchanges has reached a new 12-month peak of 16.2 million ETH, signaling that large investors have been offloading their positions en masse over the past 24 hours.クジラの間でのこのパニック販売により、イーサリアムの価格の低下がさらに強化されました。これは現在、重要なサポートレベルをテストしています。

Ethereum’s Critical Support Level and What Comes Next

Ethereumの重要なサポートレベルと次に来るもの

As Ethereum struggles to maintain its position, the price is currently retesting a crucial support zone, a level that must hold to avoid further losses. Crypto analysts are keeping a close eye on $2,750, which has emerged as a critical threshold for Ethereum.

イーサリアムはその地位を維持するのに苦労しているため、価格は現在、さらなる損失を避けるために保持しなければならない重要なサポートゾーンを再テストしています。 Cryptoアナリストは、2,750ドルに注目しています。これは、イーサリアムの重要なしきい値として浮上しています。

If Ethereum manages to hold above this level, it could set the stage for a potential bullish rally in the coming months, with analysts like Ali Martinez forecasting that Ethereum could see a move beyond $6,000 if the support holds.

Meanwhile, Benjamin Cowen, another well-known crypto analyst, believes that Ethereum’s price, particularly against Bitcoin and the US dollar, is likely to hit a bottom after the Federal Reserve’s Quantitative Tightening (QT) cycle ends. This suggests that Ethereum could stabilize and eventually reverse its trend once broader market conditions improve.

一方、別の有名な暗号アナリストであるベンジャミン・カウエンは、特にビットコインと米ドルに対するイーサリアムの価格は、連邦準備制度の定量的引き締め（QT）サイクルが終了した後、底に達する可能性が高いと考えています。これは、より広い市場状況が改善すると、イーサリアムが安定し、最終的にその傾向を逆転させることを示唆しています。

Bitcoin Faces Significant Support Challenges

ビットコインは重要なサポートの課題に直面しています

Similarly, Bitcoin’s price has also faced substantial losses, dipping below $91,000 and testing critical support levels. Bitcoin’s $91k mark has proven to be a key level of support in recent weeks, but the cryptocurrency is struggling to maintain this as it faces considerable selling pressure. Bitcoin’s fall below $100,000 in the past two weeks has led to a sharp increase in trading volume, signaling that market sentiment is heavily negative.

同様に、ビットコインの価格は大きな損失に直面しており、91,000ドルを下回り、重要なサポートレベルをテストしています。ビットコインの91Kマークは、ここ数週間で重要なレベルのサポートであることが証明されていますが、暗号通貨はかなりの販売圧力に直面しているため、これを維持するのに苦労しています。過去2週間でビットコインが100,000ドルを下回ると、取引量が急激に増加し、市場の感情が非常に否定的であることを示しています。

As the crypto market continues to digest the effects of President Trump’s new tariff policies and broader economic uncertainty, traders are left wondering when the market might regain its footing. With the massive sell-off and rising liquidation events, all eyes are on the $91k level for Bitcoin and the $2,750 support zone for Ethereum.

As the crypto market continues to digest the effects of President Trump's new tariff policies and broader economic uncertainty, traders are left wondering when the market might regain its footing.大規模な売却と上昇の清算イベントにより、すべての目はビットコインの$ 91Kレベルとイーサリアムの2,750ドルのサポートゾーンにあります。

The coming weeks will likely determine whether these support levels can hold and whether the market can reverse course toward a new bull run or if further correction lies ahead.