比特幣創歷史新高回檔引發對現貨 ETF 和價格穩定性的擔憂

比特幣最近 10% 的回撤抑制了對現貨比特幣 ETF 的需求。摩根大通分析師預計減半後價格將下跌，理由是 ETF 流量減少和 CME 比特幣期貨未平倉合約持續存在。該資產的價格已跌至 64,212 美元，跌幅 1.94%，與摩根大通預測其將跌向 42,000 美元的悲觀前景相呼應。儘管 3 月創下了 73,798 美元的歷史新高，但投資者的熱情正在減弱，如果減半後興趣沒有回升，可能會導致價格跌破 50,000 美元。

Bitcoin's Post-All-Time High Deceleration Raises Concerns for Spot ETFs and Price Stability

比特幣創歷史新高減速引發對現貨 ETF 和價格穩定性的擔憂

Amidst a surge to its all-time high on March 14th, Bitcoin has retraced a significant 10%, prompting a reassessment of investor appetite for spot Bitcoin exchange-traded funds (ETFs) and raising concerns about the potential impact of Bitcoin's upcoming halving event.

在3 月14 日飆升至歷史新高的過程中，比特幣大幅回撤了10%，促使投資者重新評估現貨比特幣交易所交易基金(ETF) 的興趣，並引發了人們對比特幣即將減半事件潛在影響的擔憂。

JP Morgan Chase & Co. analysts have expressed apprehension about a possible further price decline following the halving, which is scheduled for April. The halving event is expected to reduce the supply of newly minted Bitcoins into circulation, potentially triggering a supply shock that could affect the currency's price trajectory.

摩根大通分析師對定於四月減半後價格可能進一步下跌表示擔憂。減半事件預計將減少新鑄造的比特幣進入流通的供應，可能引發供應衝擊，進而影響該貨幣的價格軌跡。

Data analysis reveals that ten-spot Bitcoin ETFs have experienced their most substantial three-day outflow since their inception on January 11th, 2024. This outflow, coupled with a significant price decline, has placed Bitcoin on track for one of its worst weeks of the year. As of 6:57 a.m. GMT on March 22nd, Bitcoin's value had dropped to $65,415, with a further decline to $64,212.00 USD at 7:59 p.m. GMT, indicating a 1.94% decrease in price.

數據分析顯示，十現貨比特幣ETF 經歷了自2024 年1 月11 日推出以來最大幅度的三天資金流出。這種資金流出，加上價格大幅下跌，使比特幣有望迎來有史以來最糟糕的一周之一。年。截至 3 月 22 日格林威治標準時間為早上 6:57，比特幣的價值已跌至 65,415 美元，並於晚上 7:59 進一步跌至 64,212.00 美元。 GMT，顯示價格下跌 1.94%。

JP Morgan strategists have reiterated their February prediction of a potential decline in Bitcoin's price due to the halving event and the presence of sustained open interest in CME Bitcoin futures, alongside declining ETF flows. The bank's bearish outlook anticipates a post-halving price drift to around $42,000.

摩根大通策略師重申了他們 2 月的預測，即由於減半事件和 CME 比特幣期貨持續未平倉合約以及 ETF 流量下降，比特幣價格可能會下跌。該銀行的悲觀前景預計減半後價格將漂移至 42,000 美元左右。

The recent outflows from ETFs, including the Grayscale Bitcoin Trust, amounting to approximately $836 million, suggest a moderation in investor enthusiasm. This trend has raised concerns among some experts, who warn that if the current interest wanes, Bitcoin's price could potentially fall below $50,000 post-halving.

最近，包括灰階比特幣信託基金在內的 ETF 資金流出金額約為 8.36 億美元，顯示投資者熱情有所放緩。這一趨勢引起了一些專家的擔憂，他們警告說，如果當前的興趣減弱，比特幣的價格可能會在減半後跌至 50,000 美元以下。

Despite Bitcoin's record high in March, the decline in retail trader interest has cast a shadow over the asset's future trajectory. Analysts and investors alike are monitoring the market closely, mindful of the potential impact of the halving event and the need for sustained interest to maintain Bitcoin's stability.

儘管比特幣在三月創下歷史新高，但零售交易者興趣的下降給該資產的未來軌跡蒙上了陰影。分析師和投資者都在密切關注市場，關注減半事件的潛在影響以及維持比特幣穩定所需的持續興趣。