比特幣（BTC）價格繼續面臨銷售壓力，下降到$ 81,500

比特幣的價格繼續面臨銷售壓力，下降到80,00美元左右。這是從以前的交易級別進行的2％更正。

Bitcoin price has dropped to around $81,500 levels, marking a 2% correction from previous trading levels. The cryptocurrency has struggled to maintain momentum after being rejected at $89,000 in its attempt to rally past $90,000.

比特幣的價格已下跌至81,500美元左右，標誌著以前的交易水平有2％的更正。加密貨幣在被拒絕89,000美元的拒絕之後一直在努力保持勢頭，以期超過90,000美元。

This price action is drawing attention as Bitcoin, along with the S&P 500 and Nasdaq indices, are set to form the Death Cross pattern in the coming weeks. This technical pattern is often associated with bearish momentum ahead.

這種價格動作引起了人們的注意，因為比特幣以及標準普爾500指數和納斯達克指數將在接下來的幾週內形成死亡交叉模式。這種技術模式通常與前方的看跌動量有關。

Analysts are now debating whether BTC will break below the $80,000 mark before any potential upward movement. The correlation between Bitcoin and major US equity indices has been strong over the past several years, suggesting similar market behavior.

分析師現在正在辯論BTC是否會在任何潛在的上升移動之前突破80,000美元的分數。在過去的幾年中，比特幣與美國主要股票指數之間的相關性一直很強，這表明了類似的市場行為。

The S&P 500 has seen a massive sell-off, eroding $2 trillion of investor wealth during the last three trading sessions from Wednesday to Friday. The decline didn't stop when markets closed on Friday. S&P 500 futures plunged further, wiping out an additional $120 billion within minutes.

標準普爾500指數賣出了大量拋售，從周三至週五的最後三個交易中侵蝕了2萬億美元的投資者財富。當市場在周五關閉時，下降並沒有停止。標普500期貨進一步爆發，在幾分鐘內又消失了1200億美元。

This is absolutely insane:

這是絕對瘋狂的：

From Wednesday to Friday, the S&P 500 lost -$100 billion PER trading hour for a total of -$2 TRILLION.

從周三到週五，標準普爾500指數損失了 - 每個交易小時1000億美元，總計2萬億美元。

Then, after the market closed on Friday, S&P 500 futures erased ANOTHER -$120 billion in minutes.

然後，在周五市場關閉之後，標準普爾500指貨期貨在幾分鐘內又刪除了1200億美元。

What happened? Let us explain.

發生了什麼？讓我們解釋一下。

(a thread) pic.twitter.com/Rc1GCF1876

（線程）pic.twitter.com/rc1gcf1876

— The Kobeissi Letter (@KobeissiLetter) March 29, 2025

- Kobeissi信（@KobeissileTter）2025年3月29日

Bitcoin faced a similar scenario after its attempted rally. Both markets showed brief signs of recovery in mid-March, but these gains were quickly erased when Trump imposed 25% auto tariffs. Further tariffs on Russia threaten to push Bitcoin price under the $80,000 threshold.

試圖集會後，比特幣面臨類似的情況。這兩個市場在3月中旬均顯示出簡短的恢復跡象，但是當特朗普徵收25％的汽車關稅時，這些收益很快就被刪除了。對俄羅斯的進一步關稅威脅要將比特幣價格推高80,000美元的門檻。

According to Barchart data, BTC and major indices are forming the death cross pattern.

根據Barchart數據，BTC和主要指數正在形成死亡交叉模式。

Chart: Barchart.com

圖表：barchart.com

Occasions when prices fell ahead of these Death Crosses might mark a market bottom. The actual cross sometimes aligns with the end of a downward trend.

價格下降到這些死亡十字架之前的情況可能標誌著市場的最低點。實際的十字有時與向下趨勢的結束保持一致。

Challenging the “Digital Gold” Narrative

挑戰“數字黃金”敘述

Economist Peter Schiff used this opportunity to criticize Bitcoin's status as "Digital Gold." He pointed out that traditional gold is trading in record territory above $3,090, reaching a new high of $3,097. Meanwhile, risk assets like stocks and Bitcoin continue to sell off.

經濟學家彼得·希夫（Peter Schiff）利用這一機會批評比特幣作為“數字黃金”的地位。他指出，傳統黃金在$ 3,090以上的創紀錄領土上進行交易，新高點為3,097美元。同時，股票和比特幣等風險資產繼續銷售。

The contrast between gold's performance and Bitcoin's recent struggles challenges the popular narrative of Bitcoin as digital gold. This comparison becomes more pointed during times of market stress.

Gold的性能與比特幣最近的鬥爭之間的對比挑戰了比特幣作為數字黃金的流行敘事。在市場壓力時期，這種比較變得更加尖銳。

While there's been a strong narrative that Bitcoin price will rally along with global M2 money supply, crypto analyst Ali Martinez urges caution. He noted that the global money supply has actually dropped by nearly $1 trillion over the past two weeks.

儘管有一個強烈的敘述，即比特幣價格將隨著全球M2貨幣供應而集結，但加密分析師阿里·馬丁內斯（Ali Martinez）敦促謹慎。他指出，在過去的兩周中，全球貨幣供應實際上下降了近1萬億美元。

One of the current bullish narratives is that #Bitcoin $BTC will rally as global liquidity grows.

目前的看漲敘述之一是，隨著全球流動性的增長，#bitcoin $ btc將集結。

But what they aren't telling you is that the Global Money Supply dropped nearly $1 trillion in the past two weeks! https://t.co/FVwzeiKzQW pic.twitter.com/whEwEuG65K

但是他們沒有告訴您的是，在過去的兩個星期中，全球貨幣供應量下降了近1萬億美元！ https://t.co/fvwzeikzqw pic.twitter.com/wheweug65k

— Ali (@ali_charts) March 30, 2025

- Ali（@ali_charts）2025年3月30日

This trend casts doubt on expectations of a liquidity-driven bullish outlook for Bitcoin. Martinez also reported that Bitcoin miners sold over 2,400 BTC during the past week, amounting to approximately $220 million.

這種趨勢對以流動性驅動的對比特幣的看法的期望表示懷疑。馬丁內斯還報告說，在過去一周中，比特幣礦工售出了2,400多輛BTC，總計約2.2億美元。

Wider Crypto Market Impact

更廣泛的加密市場影響

The altcoin market has been hit even harder than Bitcoin. Many cryptocurrencies have posted double-digit price declines on a weekly scale. This has pushed the total cryptocurrency market cap down to $2.75 trillion, representing a $250 billion drop from last week's peak.

山寨幣市場的打擊比比特幣更為嚴重。許多加密貨幣的價格都在每週的規模下降。這將總加密貨幣市值降至27.5萬億美元，比上週的峰值下降了2500億美元。

The worst performers among larger-cap altcoins include SUI, HBAR, LEO, and XRP, with daily price declines of up to 8%. When viewed on a weekly timeframe, ETH, XRP, ADA, LINK, AVAX, HBAR, and LTC have all plunged by double digits.

較大額定替代幣中表現最差的人包括SUI，HBAR，LEO和XRP，每天的價格下跌高達8％。當每週一次的時間範圍內觀看時，ETH，XRP，ADA，LINK，AVAX，HBAR和LTC都被雙數數字陷入困境。

Despite the overall market downturn, a few cryptocurrencies bucked the trend. CRO gained 20% while TON is up by 6%. However, these positive movements weren't enough to offset the broader market decline.

儘管整體市場低迷，但一些加密貨幣卻震驚了這一趨勢。 CRO上漲了20％，而TON增長了6％。但是，這些積極的運動不足以抵消更廣泛的市場下降。

Bitcoin's market dominance has increased to 59.2% during this retracement, highlighting that alternative cryptocurrencies are experiencing more severe losses than Bitcoin itself. The total Bitcoin market capitalization now stands at $1.63 trillion.

在這次撤回期間，比特幣的市場優勢增長到59.2％，強調，替代加密貨幣的損失比比特幣本身更嚴重。現在，比特幣市值為1.63萬億美元。

Currently, Bitcoin is struggling to maintain a price above $82,000. This represents a $7,000 decrease from last week's levels. Trading volumes remain high at around $17.2 billion daily.

目前，比特幣正在努力維持超過82,000美元的價格。這比上週的水平下降了7,000美元。貿易量仍然很高，每天約為172億美元。

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