比特幣和以太坊ETF看到大量流出，主要的黑客增加銷售壓力，查看2月市場的市場。

加密貨幣市場正面臨另一個下降，其總市值下降了2％，在過去24小時內消除了400億美元。

The cryptocurrency market is facing another decline, with its total market cap dropping by 2%, wiping out $40 billion in the past 24 hours. This decline has kept major cryptocurrencies like Bitcoin and Ethereum struggling to gain momentum. Meanwhile, the crypto fear and greed index is standing at 40, reflecting a neutral stance in the market. So, what is causing this latest drop?

加密貨幣市場正面臨另一個下降，其總市值下降了2％，在過去24小時內消除了400億美元。這種下降使像比特幣和以太坊這樣的主要加密貨幣努力獲得動力。同時，加密恐懼和貪婪指數處於40個，反映了市場中中立的立場。那麼，是什麼導致了最新滴滴？

Major crypto ETFs are seeing massive outflows

主要的加密ETF正在看到大量流出

One of the key reasons behind the crypto market’s decline is the continuous outflow from Bitcoin and Ethereum ETFs. In the past two weeks, U.S. spot Bitcoin ETFs saw total net outflows of $1.14 billion, marking the largest withdrawal since their launch.

加密貨幣市場下降的關鍵原因之一是比特幣和以太坊ETF的連續流出。在過去的兩個星期中，美國現貨比特幣ETF的淨流出總額為11.4億美元，這是自推出以來最大的提款。

Last week alone, Bitcoin ETFs recorded $571 million in outflows, largely due to concerns over trade tariffs, inflation and possible changes in monetary policy. Outflows were led by Fidelity, followed by Grayscale and Bitwise, further increasing market uncertainty.

僅在上週，比特幣ETF的流出量為5.71億美元，這主要是由於對貿易關稅，通貨膨脹以及貨幣政策可能發生變化的擔憂。流出是由忠誠度帶領的，其次是灰度和鑽頭，進一步增加了市場不確定性。

“The outflows from Bitcoin ETFs are a clear indication of pessimism among investors, who are pulling out their funds due to concerns over the market’s sustainability and potential risks,” said a crypto analyst.

一位加密分析師說：“比特幣ETF的流出清楚地表明了投資者的悲觀主義，他們由於對市場的可持續性和潛在風險的擔憂而撤銷了資金。”

Selling pressure is also being added by the recent series of major crypto hacks. The Bybit hack, which resulted in a loss of $1.4 billion worth of Ethereum, caused a major sell-off in the market. While Bybit’s CEO, Ben Zhou, has confirmed the recovery of $742 million in stolen funds, investor confidence still took a hit.

最近的一系列主要加密黑客也增加了銷售壓力。 Bybit Hack導致價值14億美元的以太坊損失，導致市場上的重大拋售。儘管拜比特（Bybit）的首席執行官本·週（Ben Zhou）確認收回了7.42億美元的被盜資金，但投資者的信心仍然受到打擊。

Adding to the concerns, another hack targeted the neobank Infini, leading to a theft of $49.5 million in USDC.

除此之外，另一個黑客攻擊了Neobank Infini，導致盜竊4,950萬美元的USDC。

Historically, February has been a strong month for Bitcoin, with most years bringing positive returns except for 2014 and 2020. However, this time, Bitcoin is already down 6.41% for the month.

從歷史上看，2月對於比特幣來說是一個強大的月份，大多數年份都帶來了正收益，除了2014年和2020年，比特幣的回報是。但是，這次，本月比特幣已經下降了6.41％。

Analysts believe that BTC needs to close above $102,500 to turn February into a green month. If Bitcoin fails to reach this level, it could mark only the third negative February in its history.

分析師認為，BTC需要在102,500美元以上關閉，以將2月變成一個綠色月。如果比特幣未達到這個水平，它只能標誌著其歷史上的第三次負面負面。

Bitcoin and Ethereum price movements

比特幣和以太坊價格變動

Bitcoin’s price has been moving sideways over the past few weeks, fluctuating between $93,000 and $100,000. If it fails to hold support at $93,000, it could drop further to $90,000.

在過去的幾周中，比特幣的價格一直在側向，在93,000美元至100,000美元之間波動。如果它無法以93,000美元的價格持有支持，則可能會進一步降至90,000美元。

Meanwhile, Ethereum is also struggling to maintain its momentum, currently priced at around $2,706, reflecting a 2.2% decline. Historically, Ethereum has performed well in the first quarter of every fourth year, with significant gains in Q1 2017 and Q1 2021.

同時，以太坊還在努力保持其勢頭，目前的價格約為2,706美元，反映了2.2％的下降。從歷史上看，以太坊在每四年的第一季度表現都很好，在2017年第一季度和第1季度2021年中取得了顯著增長。

Despite being down 17%, some experts believe Ethereum could still see strong growth by the end of the quarter. However, competition from platforms like Solana and Cardano remains a challenge.

儘管下降了17％，但一些專家認為，到季度末，以太坊仍然可以看到強勁的增長。但是，來自Solana和Cardano等平台的競爭仍然是一個挑戰。