由於自動演算法銷售主導市場，比特幣減半後的飆升陷入停滯

4 月 22 日，比特幣減半後的漲勢面臨阻力，因為自動交易演算法引發了 BTC 銷售，導致買入價和賣出價受到擠壓。儘管達到了 66,546 美元的每周高點，但由於買家和賣家之間的不平衡，比特幣的勢頭減弱，這一點可以從大量針對個人出價的演算法出售中看出。

Bitcoin's Post-Halving Rally Falters Amidst Automated Trading Algorithm Sales

比特幣減半後的反彈因自動交易演算法銷售而動搖

April 22, 2022 - Bitcoin's (BTC) post-halving comeback hit a roadblock at the Wall Street open as a surge of automated trading algorithm sales weighed heavily on the market.

2022 年 4 月 22 日 - 由於自動交易演算法銷售激增給市場帶來沉重壓力，比特幣 (BTC) 減半後的反彈在華爾街開盤時遇到了障礙。

Market Momentum Wanes After Weekly Highs

市場動力在每周高點後減弱

Data from Cointelegraph Markets Pro and TradingView revealed that BTC's price momentum lost steam after reaching weekly highs of $66,546 on cryptocurrency exchange Bitstamp. Despite a promising recovery from the prior week's lows, Bitcoin faced stiff resistance, with buyers outnumbered.

Cointelegraph Markets Pro 和 TradingView 的數據顯示，在加密貨幣交易所 Bitstamp 觸及 66,546 美元的周高點後，BTC 的價格勢頭失去了動力。儘管比特幣從前一周的低點有望復甦，但仍面臨強勁阻力，買家數量過多。

Popular trader Skew, who now posts on the social media platform X (formerly Twitter), summarized the situation, stating, "So far spot flow is basically just one individual bidding vs a sea of algos selling. Could be a boring session till later."

受歡迎的交易員Skew 現在在社交媒體平台X（以前的Twitter）上發帖，他總結了情況，表示：「到目前為止，現貨流量基本上只是一個人的出價與大量的演算法銷售。稍後可能會是一個無聊的會議。

Skew had previously noted that liquidity was moving closer to the spot price, often an attempt to entice market participants.

Skew 先前曾指出，流動性正在接近現貨價格，這通常是為了吸引市場參與者。

Liquidity Squeeze and Moving Average Support

流動性緊縮和移動平均線支撐

The latest data from CoinGlass, a cryptocurrency market data aggregator, showed a concentration of bids between $64,000 and $65,500 on April 22, while fresh ask liquidity was stacked between $66,500 and $67,750.

加密貨幣市場數據聚合器 CoinGlass 的最新數據顯示，4 月 22 日的買盤集中在 64,000 美元至 65,500 美元之間，而新的賣盤流動性則集中在 66,500 美元至 67,750 美元之間。

Skew raised concerns about the legitimacy of these orders, stating, "Time will tell if they're spoof orders."

Skew 對這些訂單的合法性表示擔憂，並表示：“時間會證明它們是否是惡搞訂單。”

Analyst Matthew Hyland highlighted that a key moving average, the 10-week simple moving average (SMA), was holding at the latest weekly close. Bitcoin's 10-week SMA has acted as a significant bull market support line, supporting the market since October 2023. At the time of writing, the 10-week SMA stood at $65,686.

分析師 Matthew Hyland 強調，關鍵移動平均線，即 10 週簡單移動平均線 (SMA)，在最新一周收盤價處保持不變。比特幣的 10 週 SMA 一直是重要的牛市支撐線，自 2023 年 10 月以來一直為市場提供支撐。

Potential Long Liquidation Hunt

潛在的多頭清算狩獵

BTC price action aligned with a theory put forward earlier in the day by popular trader and analyst Credible Crypto. He suggested that BTC could retreat to liquidate long positions before definitively reversing upward. Credible Crypto pointed out that open interest (OI) was already increasing.

BTC 價格走勢與當天早些時候由著名交易員和分析師 Credible Crypto 提出的理論一致。他建議比特幣在最終逆轉之前可能會撤退以清算多頭部位。 Credible Crypto 指出，未平倉合約（OI）已經在增加。

In an X post, he explained, "If this move up falters before it really even begins then I'd expect something like this to develop." He accompanied the post with an illustrative chart, indicating a potential move back down to eliminate long positions before a "real" pump.

他在一篇 X 帖子中解釋道，“如果這種上升趨勢在真正開始之前就出現了動搖，那麼我預計會出現類似的情況。”他在帖子中附上了一張說明性圖表，表明在「真正」上漲之前可能會回落以消除多頭部位。

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Cryptocurrency trading involves significant risk, and investors should conduct their own due diligence before making any investment decisions.

免責聲明：本文僅供參考，不應視為財務建議。加密貨幣交易涉及重大風險，投資者在做出任何投資決定之前應自行進行盡職調查。