比特幣在經濟低迷中暴跌，市場情緒暴跌

在市場情緒低迷的情況下，比特幣的價格已跌破 6 萬美元，跌至 5.91 萬美元的低點。儘管略有復甦，但市場仍保持謹慎，與近期的歷史高點相比，比特幣面臨重大損失。 4 月加密貨幣市場出現了更廣泛的下跌，以太幣下跌了 18%，規模較小的加密貨幣遭受的損失更大。分析師將經濟低迷歸因於季節性因素和對利率上升的擔憂，一些分析師修正了對比特幣未來前景的看漲立場。

Bitcoin's Descent: Market Sentiment Plummets Amid Global Economic Uncertainty

比特幣的下跌：全球經濟不確定性下市場情緒暴跌

Bitcoin's price has plunged below the $60,000 mark, continuing a downward trend over the past five days that has pushed the cryptocurrency to a low of $59.1K. Despite a slight recovery to $59,500 levels, sentiment remains bearish, a far cry from Bitcoin's all-time high of $73,757 reached over six weeks ago.

比特幣的價格已跌破 6 萬美元大關，在過去五天繼續下跌趨勢，將加密貨幣推低至 59,100 美元的低點。儘管比特幣小幅回升至 59,500 美元的水平，但市場情緒仍然看跌，與六週前達到的 73,757 美元的歷史高點相去甚遠。

Red April in the Crypto Market

加密貨幣市場的紅色四月

The crypto market has experienced a bloodbath in April, with Ether dropping by 18% and Bitcoin losing more than 16% of its value. Smaller cryptocurrencies have suffered even more, with Dogecoin and altcoins losing over a third of their market capitalization.

加密市場在 4 月經歷了一場血洗，以太幣下跌了 18%，比特幣損失了超過 16% 的價值。較小的加密貨幣遭受的損失更大，狗狗幣和山寨幣損失了超過三分之一的市值。

K33 Research has pointed to seasonal influences, such as decreased interest during the summer months, as potential factors contributing to the lower prices.

K33 Research 指出季節性影響（例如夏季興趣下降）是導致價格下跌的潛在因素。

Mass Liquidations and Negative Sentiment

大規模清算和負面情緒

In the past 24 hours alone, approximately 134,420 traders were liquidated, resulting in total liquidations worth $432.47 million. The largest single liquidation order, valued at $6.07 million, occurred on the OKX – ETH-USDT-SWAP exchange.

僅在過去 24 小時內，就有約 134,420 名交易者被清算，清算總額達 4.3247 億美元。最大單筆清算訂單價值 607 萬美元，發生在 OKX – ETH-USDT-SWAP 交易所。

Analysts attribute the recent decline in Bitcoin's popularity to its failure to capitalize on geopolitical tensions in the Middle East.

分析師將比特幣最近受歡迎程度的下降歸因於其未能利用中東地緣政治緊張局勢。

Pessimistic Forecasts from Market Experts

市場專家的悲觀預測

Chart analyst Peter Brandt has revised his previously bullish stance on Bitcoin, suggesting that the upward trend may have reached its peak. This starkly contrasts with his February forecast, which predicted prices could soar to $200,000 during a bullish cycle lasting until September 2025.

圖表分析師 Peter Brandt 修正了先前對比特幣的看漲立場，顯示上漲趨勢可能達到頂峰。這與他 2 月的預測形成鮮明對比，該預測預計在持續到 2025 年 9 月的看漲週期中，價格可能飆升至 20 萬美元。

Brandt's latest analysis relies on the concept of exponential decay, which assumes a continuous decline in value at a constant rate over time. This view aligns with growing concerns among investors about a potential global recession due to the U.S. Federal Reserve's likely decision to maintain interest rates above 5%.

布蘭特的最新分析依賴於指數衰減的概念，該概念假設價值隨著時間的推移以恆定的速度持續下降。這一觀點與投資者對聯準會可能決定將利率維持在 5% 以上可能導致全球經濟衰退的日益擔憂不謀而合。

Bulls and Bears Clash on Outlook

多頭和空頭在前景上發生衝突

Optimists in the Bitcoin market argue that central bank intervention will either trigger a global recession or exacerbate inflation in the second half of 2024. However, even if this hypothesis holds true, the earnings potential of S&P 500 companies and the $6.9 trillion in assets held by non-banking corporations may make them more attractive hedges against fiat currencies.

比特幣市場的樂觀主義者認為，央行幹預要么引發全球經濟衰退，要么加劇2024 年下半年的通膨。 6.9 兆美元資產非銀行企業可能會使它們對法定貨幣更具吸引力。

Stocks, too, compete for a share of reserve assets, potentially trading at premiums to historical multiples. Additionally, the U.S. Treasury Department's reinstatement of its debt repurchase program on May 1, for the first time in over 20 years, aims to maintain liquidity, a crucial factor since Japan's recent intervention to support its foreign currency rate.

股票也在爭奪儲備資產的份額，其交易價格可能高於歷史倍數。此外，美國財政部20多年來首次於5月1日恢復債務回購計劃，旨在維持流動性，這是自日本最近幹預支持其外匯匯率以來的關鍵因素。

As a result, investors remain skeptical about Bitcoin's long-term price trajectory amidst the deteriorating macroeconomic environment.

因此，在宏觀經濟環境惡化的情況下，投資者仍然對比特幣的長期價格軌跡持懷疑態度。

Conclusion

結論

Bitcoin's recent price decline and the broader market sentiment reflect concerns about rising interest rates, potential recession, and geopolitical uncertainty. While bulls maintain optimism, bears are in control in the short term, leading to substantial liquidations and a bearish outlook. Investors should carefully weigh the risks and potential rewards before making any investment decisions in the volatile crypto market.

比特幣最近的價格下跌和更廣泛的市場情緒反映了對利率上升、潛在衰退和地緣政治不確定性的擔憂。雖然多頭保持樂觀，但空頭在短期內佔據主導地位，導致大量平倉和看跌前景。在波動的加密貨幣市場做出任何投資決定之前，投資者應仔細權衡風險和潛在回報。