比特幣市場波動劇烈，暴跌 7 萬美元後反應不一

在比特幣最近的波動中，短期持有者感到恐慌，將價值 52 億美元的比特幣拋售到交易所。儘管價格波動，機構對比特幣 ETF 的興趣依然強勁，達到 122 億美元。然而，比特幣網路上的每日活躍地址有所下降，顯示整體市場興趣可能會下降。

Bitcoin Market Witnesses Volatile Reactions Post-70,000 Dollar Dip

比特幣市場見證了 7 萬美元下跌後的波動反應

The cryptocurrency market has been abuzz with a mix of emotions following Bitcoin's [BTC] steep decline from its $70,000 zenith. The sudden volatility has triggered a range of responses, with some investors expressing apprehension and others maintaining a bullish outlook.

在比特幣 [BTC] 從 70,000 美元的最高點急劇下跌之後，加密貨幣市場一直充滿了複雜的情緒。突然的波動引發了一系列反應，一些投資者表示擔憂，另一些投資者則維持看漲前景。

Short-Term Holders Panic, Exacerbating Sell-Off

短期持有者恐慌，加劇拋售

Data analysis reveals that Short-Term Holders (STH) have been unloading their Bitcoin holdings in droves over the past two days. A staggering $5.2 billion worth of BTC, roughly equivalent to 76,000 units, has been transferred to exchanges at a loss. This influx of Bitcoin onto the market has intensified selling pressure on BTC, potentially leading to further price declines.

數據分析顯示，過去兩天，短期持有者（STH）已成群結隊地拋售比特幣。價值驚人的 52 億美元比特幣（大約相當於 76,000 個單位）已虧本轉移到交易所。比特幣湧入市場加劇了比特幣的拋售壓力，可能導致價格進一步下跌。

The influx of supply could temporarily oversaturate the market, putting downward pressure on prices. This bearish sentiment has the potential to spread throughout the market, triggering panic selling among other investors. Sustained downward price pressure could impact long-term investors, potentially forcing them to realize paper losses or rethink their investment strategies.

供應的湧入可能會使市場暫時過度飽和，從而給價格帶來下行壓力。這種看跌情緒有可能蔓延到整個市場，引發其他投資人的恐慌性拋售。持續的價格下行壓力可能會影響長期投資者，可能迫使他們實現帳面損失或重新考慮其投資策略。

Liquidations Mount, Impacting Bullish Sentiment

清算增加，影響看漲情緒

Amid the recent price gyrations, liquidations have reached notable levels, totaling $40.98 million. Notably, $26.6 million of these liquidations involved long positions. This high volume of long liquidations could erode bullish sentiment surrounding BTC in the long run.

在最近的價格波動中，清算量達到了顯著水平，總計 4,098 萬美元。值得注意的是，其中 2,660 萬美元的清算涉及多頭部位。從長遠來看，大量的多頭清算可能會削弱圍繞 BTC 的看漲情緒。

Institutional Interest Remains, Despite Volatility

儘管存在波動，機構興趣依然存在

In contrast to the nervousness in the cryptocurrency market, Bitcoin Exchange-Traded Funds (ETFs) have been attracting significant interest in traditional financial markets. Bitcoin ETF holdings have surged to a record high of $12.2 billion. This influx reflects the growing institutional adoption of Bitcoin, as these ETFs provide an avenue for investors to gain exposure to the cryptocurrency market without directly holding the asset.

與加密貨幣市場的緊張情緒相反，比特幣交易所交易基金（ETF）一直吸引著傳統金融市場的濃厚興趣。比特幣 ETF 持有量已飆升至 122 億美元的歷史新高。這種湧入反映了比特幣越來越多的機構採用，因為這些 ETF 為投資者提供了一種在不直接持有資產的情況下獲得加密貨幣市場曝險的途徑。

With major financial institutions like BlackRock expressing support for BTC, more traditional investors may be drawn into the Bitcoin space, despite the recent volatility.

隨著貝萊德等主要金融機構表達對比特幣的支持，儘管最近比特幣波動較大，但更多傳統投資者可能會被吸引到比特幣領域。

Technical Indicators Point to Mixed Signals

技術指標指向混合訊號

At the time of writing, BTC is trading at $65,775.97, having depreciated by 0.76% over the past 24 hours. Additionally, trading volume has decreased by 33.14% during the same period.

截至撰寫本文時，BTC 交易價格為 65,775.97 美元，在過去 24 小時內貶值了 0.76%。此外，同期交易量下降了33.14%。

Daily Active Addresses on the Bitcoin network have also declined in recent weeks, suggesting a waning overall interest in the Bitcoin ecosystem. This decline in activity could further dampen BTC's future prospects.

最近幾週，比特幣網路上的每日活躍地址也有所下降，顯示人們對比特幣生態系統的整體興趣正在減弱。這種活動的下降可能會進一步削弱比特幣的未來前景。

Conclusion

結論

Bitcoin's recent volatility has evoked a mixture of reactions, with short-term holders selling off their holdings and liquidations rising. However, institutional interest in Bitcoin ETFs remains strong, indicating that traditional investors may be viewing the recent dip as an entry point. The coming days and weeks will be crucial in determining whether Bitcoin can regain momentum or if the bearish sentiment will persist.

比特幣最近的波動引發了多種反應，短期持有者拋售所持比特幣，清算數量增加。然而，機構對比特幣 ETF 的興趣仍然強勁，這表明傳統投資者可能將近期的下跌視為切入點。未來幾天和幾週對於決定比特幣能否重拾動力或看跌情緒是否持續至關重要。