比特幣（BTC）墜毀至82,300美元，一周內損失15％，在5億美元的市場消失中。

NVIDIA的第四季度收入飆升至393億美元，同比增長78％，加劇了AI股票需求。

Crypto markets are still in deep red, with over $500 billion wiped out in just a week as the market cap plunges to $2.8 trillion. Bitcoin, the leading cryptocurrency, has crashed to a 4-month low of $82,300, dropping nearly 15% in a week. The sudden crash has triggered massive liquidations, wiping out $770 billion in the last 24 hours.

加密貨幣市場仍然處於深紅色，僅在一周內就消失了超過5000億美元，因為市值跌至2.8萬億美元。領先的加密貨幣比特幣已撞到82,300美元的4個月低點，一周中下降了近15％。突然的撞車事故引發了大規模清算，在過去的24小時內消耗了7700億美元。

However, the Crypto Fear & Greed Index has dropped to 20, showing extreme fear in the market. So, what’s behind Bitcoin’s price drop?

但是，加密貨幣恐懼和貪婪指數已降至20，表現出市場上極端的恐懼。那麼，比特幣的價格下跌背後是什麼？

One of the main reasons for Bitcoin’s decline is the surge in AI stocks, especially NVIDIA. The chipmaker reported an impressive $39.3 billion revenue in Q4, showing a 12% increase from the previous quarter and a massive 78% rise year-over-year.

比特幣下降的主要原因之一是AI股票的激增，尤其是NVIDIA。這位芯片製造商報告說，第四季度的收入令人印象深刻，比上一季度增長了12％，同比增長了78％。

This strong performance caused NVIDIA’s stock to rally by 4%, adding over $125 billion to its market cap. As investors rushed to invest in high-growth AI stocks, Bitcoin lost momentum, showcasing a shift in investor confidence from digital assets to AI-related investments.

這種強大的業績使NVIDIA的股票集會增加了4％，其市值增加了1,250億美元。當投資者急於投資於高增長AI股票時，比特幣失去了動力，展示了投資者從數字資產轉移到與AI相關的投資的轉變。

Another major factor affecting Bitcoin’s price is the ongoing outflow from Bitcoin exchange-traded funds (ETFs). According to data from Farside, Bitcoin ETFs recorded outflows of $2.43 billion between February 24 and February 26.

影響比特幣價格的另一個主要因素是來自比特幣交易所交易基金（ETF）的持續流失。根據Farside的數據，比特幣ETF在2月24日至2月26日之間記錄了24.3億美元的流出。

This marks seven consecutive trading sessions of outflows, showing no signs of stopping. Leading the outflows are major financial institutions like Fidelity, which has increased selling pressure in the market.

這標誌著流出的連續七次交易，沒有停止的跡象。富達（Fidelity）等主要金融機構是主要的金融機構，它增加了市場上的銷售壓力。

Bitcoin is also facing additional pressure due to the upcoming expiration of $5 billion worth of options contracts on February 28. A significant portion of these contracts are set at higher strike prices, making them likely to expire without profit.

由於即將在2月28日到期價值50億美元的期權合約到期，比特幣也面臨額外的壓力。這些合同中有很大一部分以較高的打擊價格設定，因此它們很可能在沒有利潤的情況下到期。

Data from Deribit suggests that around 78% of these expiring options, worth $3.9 billion, will not be profitable. Meanwhile, $1.3 billion in Bitcoin has been moved to exchanges, which could lead to more selling.

來自Deribit的數據表明，這些到期的期權中約有78％的價值為39億美元，這將是無利可圖的。同時，13億美元的比特幣已轉移到交易所，這可能會導致更多銷售。

As of now, Bitcoin is trading at around $85,534, reflecting a 4% drop in the past 24 hours. The key support level to watch is $83,000, as losing this level could push Bitcoin further down to $80,313. On the other hand, if Bitcoin manages to hold this support, it could see a recovery.

截至目前，比特幣的交易價格約為85,534美元，反映了過去24小時的下降4％。要觀看的關鍵支持水平為83,000美元，因為失去此水平可能會將比特幣進一步降至80,313美元。另一方面，如果比特幣設法保留此支持，則可以看到恢復。

The Relative Strength Index (RSI) has fallen to 25.92, indicating extreme oversold. Historically, when the RSI drops below 30, Bitcoin tends to see a short-term price bounce. However, it’s important to note that RSI provides better signals in short-term trends.

相對強度指數（RSI）已降至25.92，表明極端出售。從歷史上看，當RSI降至30以下時，比特幣往往會出現短期價格反彈。但是，重要的是要注意，RSI在短期趨勢中提供了更好的信號。

Overall, Bitcoin’s price movements are influenced by a combination of macroeconomic factors, technical indicators, and market sentiment. As investors navigate this dynamic landscape, they are making shifts in their portfolio preferences, which are evident in the recent market trends.

總體而言，比特幣的價格變動受到宏觀經濟因素，技術指標和市場情緒的結合的影響。當投資者瀏覽這一動態景觀時，他們正在轉變其投資組合偏好，這在最近的市場趨勢中很明顯。