全球市場面臨不確定性，比特幣暴跌

今天主要市場都出現虧損，包括比特幣。比特幣價格已跌至 13,184 美元左右，發出看跌信號。過去一個月，以太坊選擇交易員表現出對看漲期權而非看跌期權的偏好，這表明人們對加密貨幣的看漲情緒。比特幣價格下跌的原因是投資者出於對全球經濟和美國總統大選不確定性的擔憂而拋售高風險資產。

Bitcoin Takes a Hit as Global Markets Reel from Uncertainty

全球市場因不確定性而受到打擊，比特幣受到打擊

Amidst a sea of red in major markets, Bitcoin has taken a tumble, losing 3.6% over the past 24 hours to hover around $13,184 as of 20:00 UTC (4 p.m. ET). This setback comes as investors shed riskier assets, with global equities and risk assets alike suffering losses.

在主要市場的一片紅海中，比特幣遭遇重挫，截至 UTC 時間 20:00（美國東部時間下午 4 點），過去 24 小時內下跌 3.6%，徘徊在 13,184 美元附近。這項挫折發生之際，投資人正在拋售風險較高的資產，全球股市和風險資產都遭受損失。

Adding to the bearish sentiment, Bitcoin remains below its 10-day and 50-day moving averages, a technical indicator often viewed as a sign of weakness. The price dip began on Wednesday, reaching a low of $12,894 around 14:00 UTC (10 a.m. ET), but has since recovered slightly.

比特幣仍低於 10 日和 50 日移動均線，這項技術指標通常被視為疲軟的跡象，加劇了看跌情緒。價格從週三開始下跌，在 UTC 時間 14:00（美國東部時間上午 10 點）左右觸及 12,894 美元的低點，但此後略有回升。

Katie Stockton, technical analyst at Fairlead Strategies, attributes the decline to a "risk-off" day, where investors sought to reduce exposure to assets perceived as higher risk, including cryptocurrencies. "Bitcoin is seeing a retracement of its strong up move as risk assets trade off sharply," she explained.

Fairlead Strategies 的技術分析師 Katie Stockton 將下跌歸因於「避險」日，投資者尋求減少被視為風險較高的資產（包括加密貨幣）的敞口。她解釋說：“隨著風險資產大幅下跌，比特幣的強勁上漲勢頭正在回撤。”

The Nikkei 225 in Asia closed with a 0.30% loss, weighed down by rising coronavirus infections and uncertainty surrounding the U.S. presidential election. The FTSE 100 in Europe ended the day 2.5% lower as new lockdown restrictions sparked sell-offs. In the United States, the S&P 500 fell 2.9% as concerns over the global economic outlook intensified amid rising coronavirus cases worldwide.

受冠狀病毒感染上升和美國總統大選不確定性的拖累，亞洲日經 225 指數收盤下跌 0.30%。由於新的封鎖限制引發拋售，歐洲富時 100 指數當天收盤下跌 2.5%。在美國，由於全球冠狀病毒病例不斷增加，對全球經濟前景的擔憂加劇，標準普爾 500 指數下跌 2.9%。

Despite the current setback, Stockton maintains a bullish outlook for Bitcoin. She believes that despite the recent correction, the cryptocurrency still has a strong chance of surpassing its 2019 price high. "The recent breakout above the August high lends a bullish intermediate-term bias," she said. "Uncertainty is taking its toll on the markets, but we think it will be short-lived."

儘管目前遭遇挫折，史托克頓仍對比特幣保持看漲前景。她認為，儘管最近出現了調整，但加密貨幣仍有很大機會超越 2019 年的價格高點。 「最近突破八月高點帶來了看漲的中期偏見，」她說。 “不確定性正在對市場造成影響，但我們認為這將是短暫的。”

Neil Van Huis, director of institutional trading at Blockfills, highlights the significant drop in Bitcoin's mining hashrate, a measure of computing power used to mine Bitcoin, to levels not seen since June. This decline, primarily due to older, inefficient machines being turned off, presents an opportunity for investment in newer mining rigs. "This is good for mining companies," Van Huis said. "It also comes at a time when prices are rising. With that comes more investment into the space like JPMorgan and PayPal. That should, in my opinion, keep prices bullish, especially now that we cleared that $12,000-$12,500 hurdle for a bit."

Blockfills 機構交易總監 Neil Van Huis 強調，比特幣的挖礦哈希率（衡量比特幣挖礦運算能力的指標）大幅下降至 6 月以來的最高水準。這種下降主要是由於舊的、低效率的機器被關閉，這為投資新的採礦設備提供了機會。 「這對礦業公司來說是件好事，」範休斯說。 「這也是在價格上漲的時候發生的。隨之而來的是對摩根大通和貝寶等領域的更多投資。在我看來，這應該會保持價格看漲，特別是現在我們暫時清除了12,000美元至12,500 美元的障礙。

In the futures market, institutional interest on CME remains strong, with open interest surpassing $800 million on Tuesday. "Futures contracts trading at a premium to spot prices even as the October CME expiry is fast approaching this Friday," noted Denis Vinokourov, head of research at Bequant.

在期貨市場，代理商對 CME 的興趣依然強勁，週二未平倉合約超過 8 億美元。 Bequant 研究主管 Denis Vinokourov 表示：“儘管 CME 10 月合約即將於本週五到期，但期貨合約的交易價格仍高於現貨價格。”

Guy Hirsch, U.S. managing director at eToro, views the current market volatility as a positive factor for Bitcoin. "The election outcome might produce a shift from a pro-business administration into an administration that is much more skeptical about free markets" just as COVID-19 cases hit record levels, he said. "We could be in for a long winter that may see bitcoin potentially challenge its previous record high set back in 2017."

eToro 美國董事總經理 Guy Hirsch 認為當前的市場波動對比特幣來說是一個正面因素。他說，“選舉結果可能會導致政府從支持商業的政府轉變為對自由市場更加懷疑的政府”，就像 COVID-19 病例達到創紀錄水平一樣。 “我們可能會經歷一個漫長的冬天，比特幣可能會挑戰 2017 年創下的歷史新高。”

Ether Options Skew Towards Calls

以太坊選擇權偏向買權

Ether, the second-largest cryptocurrency by market capitalization, has also experienced a slight decline on Wednesday, currently trading around $384 and seeing a 5.6% loss over the past 24 hours as of 20:00 UTC (4:00 p.m. ET).

以市值計算的第二大加密貨幣以太幣在周三也經歷了小幅下跌，目前交易價格約為384 美元，截至UTC 時間20:00（美國東部時間下午4:00）在過去24 小時內下跌了5.6 %。

The ether options market has exhibited a preference for calls over puts in recent times. On Deribit, the largest ether options venue, 55% of trades have been calls compared to 44% puts over the past month, according to Genesis Volatility.

近來，以太坊期權市場表現出對看漲期權而非看跌期權的偏好。根據 Genesis Volatility 的數據，在最大的以太坊期權交易平台 Deribit 上，過去一個月 55% 的交易為看漲期權，而看跌期權交易為 44%。

While this trend does not necessarily indicate a clear price direction for ether, it suggests where liquidity is concentrated. "Seeing more activity on the call side indicates that the call legs have the most liquidity and active participation," said Greg Magadini, CEO of Genesis Volatility. "This is useful for traders to know when structuring less liquid multi-legged trades."

雖然這種趨勢並不一定表明以太幣的明確價格方向，但它表明流動性集中在哪裡。 Genesis Volatility 執行長 Greg Magadini 表示：“看漲期權方面的活動增多，表明看漲期權具有最多的流動性和積極的參與。” “這對於交易者了解何時構建流動性較低的多腿交易很有用。”

Other Markets

其他市場

Digital assets listed on the CoinDesk 20 generally experienced losses on Wednesday, with Bitcoin Cash (BCH) emerging as a notable exception, gaining 2.6%. Other significant losers included 0x (-8.3%), Chainlink (-5.9%), and Orchid (-5.7%).

週三，CoinDesk 20 上市的數位資產普遍下跌，比特幣現金 (BCH) 成為一個明顯的例外，上漲 2.6%。其他大幅下跌的公司包括 0x (-8.3%)、Chainlink (-5.9%) 和 Orchid (-5.7%)。

In commodities, oil prices fell 4.3%, with the price per barrel of West Texas Intermediate crude dropping to $37.26. Gold also dipped by 1.6% to $1,877 as of press time.

大宗商品方面，油價下跌 4.3%，西德州中質原油每桶價格跌至 37.26 美元。截至發稿時，黃金也下跌 1.6% 至 1,877 美元。

U.S. Treasury bond yields displayed a mixed performance, remaining nearly flat overall. The 10-year bond yield rose the most, climbing by 0.44% to 0.773.

美國公債殖利率表現參差不齊，整體基本持平。 10年期公債殖利率漲幅最大，上漲0.44%至0.773。