比特幣（BTC）跌至78.3萬美元，從而失去了特朗普親克賴特（Crypto）政策期望的所有收益。

短期比特幣持有人驚慌，幾天內以超過20億美元的損失出售。

Crypto traders are getting increasingly concerned as Bitcoin (BTC) continues to fall, losing all the gains it made from the hype around President Trump’s pro-crypto policies.

隨著比特幣（BTC）繼續下降，加密貨幣交易者越來越關注，從而失去了圍繞特朗普總統的親克賴特托政策所帶來的所有收益。

After dropping below the $80,000 level on Tuesday, Bitcoin hit a four-month low of $79,263. The biggest cryptocurrency lost more than 5% in the last 24 hours.

在星期二的$ 80,000水平下降後，比特幣的價格為79,263美元的四個月低點。在過去的24小時內，最大的加密貨幣損失了5％以上。

One major reason for this drop is growing fear in the market due to President Trump’s tariff threats, which have created uncertainty in the economy. At the same time, the Crypto Fear and Greed Index fell to 21, its lowest level in nearly three years, highlighting the pessimism among investors.

造成這種情況的主要原因是由於特朗普總統的關稅威脅，這在市場上越來越恐懼，這些威脅造成了經濟不確定性。同時，加密貨幣恐懼和貪婪指數降至21，近三年來最低水平，強調了投資者的悲觀情緒。

Many of the recent Bitcoin losses come from short-term holders (STHs) who are panicking and selling their crypto at a loss. In the last three days alone, these holders have realized a total unrealized loss of $2.16 billion.

最近的許多比特幣損失來自短期持有人（STH），他們陷入了恐慌和出售加密貨幣。僅在過去的三天中，這些持有人就意識到總未實現的損失為21.6億美元。

However, despite these losses, STHs are still sitting on unrealized gains of $3.4 trillion, which shows how much the crypto market grew in the past year.

然而，儘管有這些損失，但STH仍在未實現的3.4萬億美元收益上，這表明加密貨幣市場在過去一年中增長了多少。

Many new investors rushed into crypto in 2023, attracted by the market’s gains and hype around President Trump’s crypto plans. But with the market now moving sideways and Trump’s administration focusing more on trade issues, many are growing pessimistic.

許多新的投資者於2023年趕到加密貨幣，受到特朗普總統的加密計劃的收益和炒作的吸引。但是，隨著市場現在側向移動，特朗普的政府更多地關注貿易問題，許多人正在越來越悲觀。

Moreover, the U.S. Securities and Exchange Commission (SEC) recently stated that meme coins are not securities. While this may seem like good news, it has made the situation worse. Many meme coins heavily rely on hype and social trends, and with Bitcoin dropping, these coins crashed too, adding more panic to the market.

此外，美國證券交易委員會（SEC）最近指出，模因硬幣不是證券。儘管這似乎是個好消息，但情況使情況變得更糟。許多模因硬幣在很大程度上依賴於炒作和社會趨勢，而隨著比特幣的下降，這些硬幣也崩潰了，給市場增加了更多的恐慌。

Another factor is that many crypto traders expected strong pro-crypto policies from President Trump, but things are moving slower than anticipated. No major crypto bill has been passed yet, and the administration is now focused on tariffs.

另一個因素是，許多加密貨幣交易者期望特朗普總統有強大的親克賴普托政策，但情況的速度比預期的要慢。尚未通過重大加密法案，政府現在專注於關稅。

This has led to selling pressure on cryptocurrencies that gained from Trump’s support, further pushing down Bitcoin’s price.

這導致了對特朗普的支持獲得的加密貨幣的壓力，進一步推動了比特幣的價格。

If Bitcoin drops below the $76,000 level, it could fill a gap that formed on crypto exchange FTX. In the meantime, some traders believe that Bitcoin needs to fill this gap near the $80,000 level before recovering.

如果比特幣降至76,000美元以下，則可以填補在加密交易所FTX上形成的空白。同時，一些交易者認為比特幣需要在恢復之前填補這一空白，然後恢復80,000美元。

However, Crypto analyst AlphaBTC thinks that if Bitcoin fills this gap, it could start a new rally. But if it doesn’t, the price could fall further to $73,000.

但是，加密分析師Alphabtc認為，如果比特幣填補了這一空白，它可能會開始新的集會。但是，如果不是這樣，價格可能會進一步降至73,000美元。

At the same time, Bitcoin options data shows that more traders are betting on Bitcoin dropping to $70,000. This suggests that some investors believe the market could get even worse.

同時，比特幣選項數據顯示，越來越多的貿易商押注比特幣降至70,000美元。這表明一些投資者認為市場可能會變得更糟。