比特幣市場在減半前飆升，打破了看跌情緒

在備受期待的比特幣 36 小時內減半之際，市場出現飆升，BTC 達到 6.38 萬美元。儘管投資者對主要加密貨幣持續看跌，正如 Santiment 的加權情緒指標所證明的那樣，但仍有進一步增長的潛力。從歷史上看，當人群的情緒高度極端時，價格往往會出現相反的趨勢。

Bitcoin Markets Surge Ahead of Halving Event, Defying Bearish Sentiment

比特幣市場在減半事件前飆升，打破了看跌情緒

The cryptocurrency markets witnessed a notable upswing today, propelled by a surge in Bitcoin (BTC) prices to $63.8K. This market movement comes just 36 hours before the highly anticipated Bitcoin halving event.

在比特幣 (BTC) 價格飆升至 6.38 萬美元的推動下，加密貨幣市場今天出現顯著上漲。這一市場走勢距離備受期待的比特幣減半事件僅 36 小時。

Market analytics platform Santiment reported a persistent bearish sentiment among investors regarding leading cryptocurrencies such as BTC, ETH, BNB, and SOL. This bearish outlook further strengthens the case for potential growth in the near term. Santiment's weighted sentiment metric analyzes the overall social volume of an asset on social media platforms, coupled with an algorithmic evaluation of each comment's tone (bullish or bearish).

市場分析平台 Santiment 報告稱，投資者對 BTC、ETH、BNB 和 SOL 等領先加密貨幣持持續看跌情緒。這種看跌前景進一步強化了近期潛在成長的理由。 Santiment 的加權情緒指標分析社群媒體平台上資產的整體社交量，並結合對每則評論語氣（看漲或看跌）的演算法評估。

Historical market patterns have shown that when crowd sentiment reaches extreme levels, either positive or negative, prices tend to exhibit a contrasting trend. Over the 15-year history of cryptocurrencies, markets have frequently moved contrary to the crowd's expectations based on numerous backtests.

歷史市場模式表明，當人群情緒達到極端水平時，無論是積極還是消極，價格往往會表現出相反的趨勢。在加密貨幣 15 年的歷史中，市場的走勢經常與基於大量回測的大眾預期相反。

Just days ago, the crypto community widely believed that the bull market had come to an end following Bitcoin's 16% decline from its all-time high of $73.6K on March 14th. Mentions of a bear market have been escalating since then. However, market history suggests that prices often move counter to the prevailing sentiment among retail traders. A sudden decline in fear of missing out (FOMO), along with a significant increase in fear, uncertainty, and doubt (FUD), indicates the possibility of a cryptocurrency recovery either shortly before or after the halving event.

就在幾天前，加密貨幣社群普遍認為，隨著比特幣從 3 月 14 日的歷史高點 7.36 萬美元下跌 16%，多頭市場已經結束。自那時以來，有關熊市的提及不斷升級。然而，市場歷史表明，價格走勢往往與零售交易者的普遍情緒背道而馳。錯過的恐懼 (FOMO) 的突然下降，以及恐懼、不確定性和懷疑 (FUD) 的顯著增加，表明加密貨幣在減半事件之前或之後不久可能會復甦。

Bitcoin Halving Buzz

比特幣減半的嗡嗡聲

As reported by TronWeekly, Bitcoin has garnered significant attention in social media discussions, with traders speculating on the potential benefits of holding BTC through an anticipated prolonged correction period following the halving event. Despite ongoing liquidations driven by FUD, the focus remains on BTC and fiat currencies. Conversely, the altcoin sector, encompassing AI, gaming, DeFi, and meme coins, has experienced a significant pullback, redirecting investor attention towards Bitcoin.

根據 TronWeekly 報導，比特幣在社群媒體討論中引起了廣泛關注，交易者猜測在減半事件後預期的長期調整期內持有 BTC 的潛在好處。儘管受 FUD 推動的清算仍在持續，但焦點仍集中在 BTC 和法定貨幣上。相反，包括人工智慧、遊戲、DeFi 和 meme 幣在內的山寨幣領域經歷了大幅回調，將投資者的注意力轉向了比特幣。

A unique aspect of this halving event is the pre-halving price increase, which is expected to occur on April 19th or 20th. After the halving, the potential balance sheet of each Bitcoin miner will be reduced by 50%. Moreover, this halving is projected to decrease the annual inflation rate of Bitcoin from 1.73% to 0.85% due to a reduction in new block rewards from 6.25 BTC to 3.125 BTC. At the current price level, this translates to an annual reduction of approximately $11 billion in new supply.

本次減半事件的一個獨特之處是減半前的價格上漲，預計發生在 4 月 19 日或 20 日。減半後，每個比特幣礦商的潛在資產負債表將減少50%。此外，由於新區塊獎勵從 6.25 BTC 減少到 3.125 BTC，預計減半將使比特幣的年通膨率從 1.73% 降至 0.85%。以目前的價格水平，這意味著每年新增供應量將減少約 110 億美元。

The confluence of factors, including a positive price trend leading into the halving event, a reduction in potential miner revenue, and a shift in market focus towards Bitcoin, suggests the possibility of a further rally in the cryptocurrency markets. However, as with all investments, caution is advised, and investors should conduct their own due diligence before making any decisions.

多種因素的綜合作用，包括導致減半事件的積極價格趨勢、潛在礦工收入的減少以及市場焦點轉向比特幣，表明加密貨幣市場有可能進一步反彈。然而，與所有投資一樣，建議謹慎行事，投資者在做出任何決定之前應進行自己的盡職調查。