隨著減半預期升溫，比特幣接近 6.5 萬美元

在備受期待的減半事件發生之前，比特幣的價值飆升至 65,000 美元以上。儘管觸及盤中高點 65,331 美元，但此後價格已回落至 64,150 美元。市場情緒依然謹慎，美國現貨比特幣 ETF 資金大量流出就證明了這一點，這標誌著本月最長的撤資時間。專家預測，由於供應減少，減半後價格可能會上漲，導致市場動態平衡和流動性增加。

Bitcoin Nears $65,000 Milestone Ahead of Highly Anticipated Halving Event

在備受期待的減半事件到來之前，比特幣已接近 65,000 美元的里程碑

In a dramatic turn of events, Bitcoin's value surged past the $65,000 mark early on Wednesday, igniting excitement among crypto enthusiasts. The world's leading cryptocurrency reached a staggering $65,331, marking a remarkable 5% increase in its value. However, the rally was short-lived as the price quickly retreated, trading at $64,650 at the time of writing.

事態發生了戲劇性的轉變，週三早些時候，比特幣的價值飆升至 65,000 美元大關，引發了加密貨幣愛好者的興奮。全球領先的加密貨幣價格達到驚人的 65,331 美元，標誌著其價值顯著增長了 5%。然而，漲勢是短暫的，因為價格迅速回落，在撰寫本文時交易價格為 64,650 美元。

The market's reluctance is palpable, particularly among investors in U.S. spot Bitcoin exchange-traded funds (ETFs), which have witnessed significant outflows. Over the past week, these funds have registered a net outflow of $641 million, marking the longest period of net withdrawals this month.

市場的不情願是顯而易見的，尤其是美國現貨比特幣交易所交易基金（ETF）的投資者，這些基金已經出現大量資金外流。過去一周，這些基金淨流出6.41億美元，創下本月最長的淨流出時間。

This trend stands in stark contrast to the generally bullish expectations surrounding past halving events, where inflows typically increased. The previous halving in 2020 triggered a 300% surge in Bitcoin's price, leading many to anticipate a similar windfall this time around.

Just a month ago, the sentiment surrounding Bitcoin was overwhelmingly positive, buoyed by its ascent to a new all-time high of over $73,000 in mid-March. This peak attracted a wave of enthusiasm from both institutional and retail investors. However, the mood has shifted dramatically in recent weeks due to escalating geopolitical tensions, prompting investors to adopt a more cautious approach and overshadowing the previous optimism.

Expectations Post-Halving

減半後的預期

Industry experts predict that the immediate effect of the halving will be a surge in Bitcoin's price, as the supply of new coins is halved. Duncan Ash, Co-Founder of Coincover, notes that while the initial price increase may deter some new investors, it will ultimately lead to more stable market dynamics, characterized by increased liquidity and a broader user base.

產業專家預測，減半的直接影響將是比特幣價格飆升，因為新幣的供應量減少了一半。 Coincover 聯合創始人鄧肯·阿什(Duncan Ash) 指出，雖然最初的價格上漲可能會嚇退一些新投資者，但最終將帶來更穩定的市場動態，其特點是流動性增加和用戶基礎更廣泛。

"The halving is a significant event for Bitcoin and the wider crypto ecosystem," said Ash. "It has historically been a catalyst for price appreciation, and we expect this halving to be no different. However, the market may remain volatile in the short term as investors adjust to the supply dynamics."

「減半對於比特幣和更廣泛的加密生態系統來說是一個重大事件，」阿什說。 “從歷史上看，它一直是價格上漲的催化劑，我們預計這次減半也不會有什麼不同。然而，隨著投資者適應供應動態，市場短期內可能仍會波動。”

As the Bitcoin halving draws mere hours away, the cryptocurrency community is on tenterhooks, observing how the reduction in mining rewards will impact both the market price and mining profitability. This event is widely anticipated to be a pivotal moment for Bitcoin, with the potential to shape its trajectory in the months and years to come.

距離比特幣減半只剩下幾個小時了，加密貨幣社群正提心吊膽，觀察挖礦獎勵的減少將如何影響市場價格和挖礦獲利能力。人們普遍預計這一事件將成為比特幣的關鍵時刻，並有可能在未來幾個月和幾年內塑造其發展軌跡。

"The halving is a critical test for Bitcoin's long-term viability," said renowned crypto analyst Willy Woo. "If it can withstand the supply shock and continue to attract users, it will further cement its position as a global reserve asset."

著名加密貨幣分析師 Willy Woo 表示：“減半是對比特幣長期生存能力的關鍵考驗。” “如果它能夠承受供應衝擊並繼續吸引用戶，將進一步鞏固其作為全球儲備資產的地位。”

While the market's short-term reaction to the halving remains uncertain, the long-term outlook for Bitcoin remains positive. The halving is expected to reduce supply-side pressure, stimulate demand, and ultimately contribute to the cryptocurrency's continued growth and adoption.

儘管市場對減半的短期反應仍不確定，但比特幣的長期前景仍然樂觀。減半預計將減輕供應方壓力，刺激需求，並最終有助於加密貨幣的持續成長和採用。