比特幣市場跌跌撞撞隨著成人的流動性，特朗普無所作為增加了困境

加密市場是紅色的海洋，比特幣的交易價格低於88,000美元，而Coindesk 20指數在24小時內下降了10％以上。

Bitcoin (BTC) price dropped to three-month lows below $88,000 during early Asian hours on Monday, while the CoinDesk 20 Index fell by more than 10% over the past 24 hours.

在周一的亞洲早期，比特幣（BTC）的價格下跌至三個月低於88,000美元，而Coindesk 20指數在過去24小時內下降了10％以上。

Several catalysts could be identified for the downturn, including risk-off sentiment in traditional markets and the influence of memecoins, particularly the recent trading activity in TRUMP and LIBRA.

可以確定幾種催化劑的經濟低迷，包括傳統市場中的冒險情緒和成員的影響，尤其是最近在特朗普和天秤座的貿易活動。

As reported earlier, market makers present at the Consensus Hong Kong conference last week expressed concerns that the memecoin frenzy might have sucked liquidity away from productive crypto sub-sectors, rendering the broader market more vulnerable.

如前所述，上週在香港共識會議上出席的做市商表示擔心Memecoin Frenzy可能使流動性從生產的加密貨幣子行業中吸收，從而使更廣泛的市場更加脆弱。

Another factor cited was President Donald Trump’s lack of action. Despite making significant promises in the lead-up to the elections, concrete measures have been largely absent.

引用的另一個因素是唐納德·特朗普總統的行動不足。儘管在選舉中做出了巨大的承諾，但在很大程度上缺乏具體措施。

"The industry is still waiting for this to manifest in a tangible way in the form of measures such as a mooted Bitcoin Strategic Reserve," Petr Kozyakov, co-founder and CEO at Mercuryo, told CoinDesk.

Mercuryo的聯合創始人兼首席執行官Petr Kozyakov告訴Coindesk：“該行業仍在等待以切實的方式表現出這種措施的形式。”

"In the meantime, sentiment has been hit hard by the biggest ever hack at the Bybit exchange, leaking 401,000 ETH, and a memecoin sector plagued with high-profile pump and dump schemes."

“與此同時，拜比特交易所有史以來最大的黑客襲擊了情緒，洩漏了401,000 ETH，以及一個遭受高調泵和垃圾場計劃困擾的成員行業。”

Finally, there were also renewed concerns regarding the U.S. economy, which seemed to be reducing demand for riskier assets.

最後，人們對美國經濟的擔憂也有了新的擔憂，這似乎減少了對風險較高的資產的需求。

"There is also some concern about the slowdown in U.S. growth since last week's U.S. Services PMI release, the lowest in 22 months and consistent with GDP growth tracking at 0.6% only," said Aurelie Barthere, principal research analyst at Nansen. "Our Nansen Risk Barometer also just turned Risk-off from Neutral today."

Nansen的首席研究分析師Aurelie Barthere說：“自上周美國服務PMI發行以來，美國增長的放緩也引起了人們的關注，這是22個月以來最低的，並且與GDP增長跟踪僅為0.6％ 。” “我們的Nansen風險晴雨表也剛剛從中立中立了風險。”

Together, these developments pushed BTC out of its two-month range play between $90,000 and $110,000. Technical analysis theory suggests it could now drop to $70,000, although the maximum open interest in BTC put options listed on Deribit is at the $80,000 strike, indicating this level could offer some support.

這些發展共同將BTC從其兩個月的比賽中推出了90,000美元至110,000美元。技術分析理論表明，現在它可以降至70,000美元，儘管在Deribit上列出的BTC PUT期權的最大開放興趣為80,000美元的罷工，這表明該水平可以提供一些支持。

What could stabilize prices? Maybe an announcement from Trump regarding a strategic reserve or a sharp reversal by the Nasdaq 100.

什麼可以穩定價格？也許特朗普的一項公告關於納斯達克100的戰略儲備或急劇逆轉。

However, the index fell below its 50-day simple moving average (SMA), while the yen, a risk-aversion signal, continued to strengthen against G7 currencies, including the dollar.

但是，該指數低於其50天的簡單移動平均線（SMA），而日元（一種風險規避的信號）繼續對包括美元在內的G7貨幣進行加強。

The next major catalysts for risk assets are Nvidia's earnings on Feb. 26 and core PCE inflation on Feb. 28.

風險資產的下一個主要催化劑是NVIDIA在2月26日的收益和2月28日的核心PCE通貨膨脹。