比特幣 (BTC) 價格可能會在 8 月底出現看跌前景，但山寨幣行業預計將在短期內反彈

距離月度收盤不到 72 小時，更明顯的是，比特幣 (BTC) 價格可能會以看跌前景結束動盪的 8 月。

With less than 72 hours to the monthly close, it is becoming increasingly clear that Bitcoin (BTC) will likely end the turbulent August on a bearish note. However, Bitcoin price has established a strong support level above $58k in the last few weeks, positioning the altcoin industry for a further near-term rebound.

距離月度收盤不到 72 小時，越來越明顯的是，比特幣 (BTC) 可能會以看跌的姿態結束動蕩的 8 月。然而，在過去幾週，比特幣價格已在 58,000 美元上方建立了強勁支撐位，為山寨幣行業的近期進一步反彈奠定了基礎。

A technical crypto analysis by CryptoQuant shows that the crypto industry is likely to continue in short-term consolidation as the correlation between altcoins and Bitcoin remains positive. As a result, we can safely deduce that the positive correlation between Bitcoin and the altcoins, amidst heightened fear of a possible crypto selloff in September, could present long-term buyers with an opportunity to accumulate more at discounted rates.

CryptoQuant 的一項技術加密分析表明，由於山寨幣和比特幣之間的相關性仍然呈正相關，加密產業可能會在短期內繼續整合。因此，我們可以放心地推斷，在對9 月可能出現的加密貨幣拋售的擔憂加劇的情況下，比特幣和山寨幣之間的正相關性可能為長期買家提供以折扣價積累更多資金的機會。

Analysis of Altcoins' Correlation with #Bitcoin

山寨幣與#Bitcoin 的相關性分析

“Altcoins are still demonstrating a positive correlation, showing that despite individual variations, they are following Bitcoin's movement. This behavior reinforces the idea that, at the moment, the market is moving in unison with… pic.twitter.com/VqR00xbVFE

「山寨幣仍然表現出正相關性，表明儘管存在個體差異，但它們正在追隨比特幣的走勢。這種行為強化了這樣一種觀點，即目前市場正在與... pic.twitter.com/VqR00xbVFE 一致移動

According to CryptoQuant’s data, altcoins such as Bancor Network (BNT), Axie Infinity (AXS), Chainlink (LINK), Algorand (ALGO), and Cardano (ADA) are showing the highest correlation with Bitcoin.

根據 CryptoQuant 的數據，Bancor Network (BNT)、Axie Infinity (AXS)、Chainlink (LINK)、Algorand (ALGO) 和 Cardano (ADA) 等山寨幣與比特幣的相關性最高。

On the other hand, CryptoQuant’s data shows that altcoins such as Dash (DASH), Curve DAO (CRV), dYdX (DYDX), BNB, and My Neighbor Alice (ALICE) have the lowest correlation levels, indicating that they are moving more independently of Bitcoin.

另一方面，CryptoQuant 的數據顯示，Dash (DASH)、Curve DAO (CRV)、dYdX (DYDX)、BNB 和 My Neighbor Alice (ALICE) 等山寨幣的相關性水平最低，表明它們的走勢更加獨立比特幣。

Anticipated Timelines For the Altseason

Altseason 的預期時間表

The timeline for the next altcoin bull run remains a subject of paramount interest among crypto investors. The yearning for a parabolic altcoin rally is evident after the crypto trades remained trapped in a bear market for the past three years.

下一次山寨幣牛市的時間表仍然是加密貨幣投資者最感興趣的話題。在過去三年加密貨幣交易仍然陷入熊市之後，對拋物線山寨幣反彈的渴望是顯而易見的。

The anticipated interest rate cut in the United States before the end of this year, amid the upcoming general elections, is expected to trigger the next phase of the crypto bull market, which will largely favor the altcoin industry.

在即將到來的大選之際，美國預計在今年年底前降息，預計將引發下一階段的加密貨幣牛市，這將在很大程度上有利於山寨幣產業。

The inevitable reversal of the macro Bitcoin dominance in the near term, amid rising demand for web3 protocols and digital assets, is a top indicator for an upcoming altseason.

隨著對 web3 協議和數位資產的需求不斷增長，短期內比特幣的宏觀主導地位不可避免地會發生逆轉，這是即將到來的山寨幣季節的首要指標。