比特幣最近一直在過山車上，而且價格顯著波動

比特幣最近一直在過山車上，經歷了很大的價格波動，使投資者陷入了動盪。

Bitcoin has recently been on a rollercoaster ride, with significant price fluctuations that have left investors in turmoil.

比特幣最近一直在過山車，價格波動很大，使投資者陷入了動盪。

As the cryptocurrency market continues to be volatile, there are growing concerns that panic-selling could drive Bitcoin’s value even lower from its latest drop to $80,000.

隨著加密貨幣市場的持續動盪，人們越來越擔心恐慌銷量可能會使比特幣的價值從最新下降到80,000美元。

Bitcoin’s Recent Price Decline

比特幣最近的價格下跌

The past week saw a historic low for Bitcoin, which fell from around $93,379 on March 3 to a low of $80,610 on March 10.

在過去的一周中，比特幣的歷史低谷，從3月3日的93,379美元下降到3月10日的80,610美元。

While the crypto market remains volatile, Bitcoin’s recent price drop is attributed to several factors, including the U.S. government’s stance on crypto and widespread concerns about inflation and global economic instability.

儘管加密市場仍然動盪，但比特幣最近的價格下跌歸因於幾個因素，包括美國政府對加密貨幣的立場以及對通貨膨脹和全球經濟不穩定的廣泛關注。

Bitcoin’s sharp drop was felt across the broader crypto market, with Ethereum dipping below $2,000 and other major cryptocurrencies like Solana and Cardano following suit.

在更廣泛的加密貨幣市場中，人們感覺到比特幣的急劇下降，以太坊降至2,000美元以下，其他主要加密貨幣（如Solana和Cardano sufter Sufted）下降了。

The fall in Bitcoin’s price to $80,000 has some experts predicting further losses, potentially dropping to around $72,000, a level that could drive more intense sell-offs and create a “violent” market reaction.

比特幣的價格下跌至80,000美元，有一些專家預測進一步的損失，可能會下降到72,000美元左右，這一水平可能會推動更強烈的拋售並產生“暴力”市場反應。

Panic-Selling Driving the Market

恐慌銷售驅動市場

According to Markus Thielen, CEO of market advisory firm 10x Research, 70% of the recent selling activity in Bitcoin has come from investors who bought their BTC in the past three months.

據市場諮詢公司10倍研究的首席執行官馬庫斯·泰倫（Markus Thielen）稱，最近三個月購買了BTC的投資者最近有70％的比特幣銷售活動來自投資者。

This panic-selling behavior reflects a broader trend of recent entrants to the market quickly pulling out their investments as the price drops, fearing further losses.

這種恐慌的行為反映了最新進入市場的更廣泛的趨勢，因為價格下降，他們擔心進一步的損失。

However, this pattern of panic-selling is particularly troubling for Bitcoin’s price stability. Many investors who have entered the market during the recent bullish run are now seeing their profits evaporate, and as the price continues to fall, they may be compelled to sell at a loss to mitigate further risk.

但是，這種恐慌銷售方式尤其令人不安，這對於比特幣的價格穩定性尤其令人不安。在最近的看漲期間，許多進入市場的投資者現在已經看到他們的利潤蒸發了，隨著價格繼續下跌，他們可能會被迫出售以減輕進一步的風險。

But, 10x Research's analysis suggests that a large portion of the recent selling activity in Bitcoin can be attributed to investors who bought their coins relatively recently. In fact, an estimated 70% of the selling pressure is coming from investors who entered the market within the past three months.

但是，10倍研究的分析表明，最近在比特幣的銷售活動中很大一部分可以歸因於最近購買硬幣的投資者。實際上，估計有70％的銷售壓力來自過去三個月內進入市場的投資者。

This finding sheds light on the nature of the selling in the current downturn. It appears that recent entrants into the market, who are likely to be more sensitive to short-term price fluctuations, are quickly pulling out their investments as the price drops.

這一發現闡明了當前經濟低迷中銷售的性質。看來，最近進入市場的進入者，他們可能對短期價格波動更加敏感，隨著價格下跌，他們正在迅速撤出投資。

This pattern of panic-selling is particularly troubling for Bitcoin's price stability. Many investors who have entered the market during the recent bullish run are now seeing their profits evaporate, and as the price continues to fall, they may be forced to sell at a loss to mitigate further risk.

這種恐慌銷售方式尤其令人不安，這對於比特幣的價格穩定性尤其令人不安。在最近的看漲期間，許多進入市場的投資者現在已經看到他們的利潤蒸發了，隨著價格持續下跌，他們可能會被迫出售以減輕進一步的風險。

The Impact of U.S. Policy and Trump’s Role

美國政策和特朗普角色的影響

The timing of these price movements is significant, as U.S. political figures, including former President Donald Trump, have recently been making headlines with statements regarding Bitcoin and the broader crypto market.

這些價格變動的時機非常重要，因為包括前總統唐納德·特朗普在內的美國政治人物最近一直在頭條新聞，以陳述比特幣和更廣泛的加密貨幣市場。

Trump has expressed a desire to make the U.S. a global leader in Bitcoin, promising to create a national Bitcoin reserve.

特朗普表示希望使美國成為比特幣的全球領導者，並承諾創建國家比特幣儲備。

However, his recent declaration about the inclusion of other cryptocurrencies, such as Ripple’s XRP, Solana, and Cardano, in the U.S. crypto stockpile has sparked concerns among Bitcoin advocates.

然而，他最近關於包括其他加密貨幣的宣言，例如在美國加密貨幣庫存中的Ripple的XRP，Solana和Cardano，引起了比特幣倡導者的關注。

The U.S. Treasury’s involvement in managing Bitcoin and other cryptocurrencies is raising questions about how this will impact the market.

美國財政部參與管理比特幣和其他加密貨幣的參與正在引發有關如何影響市場的問題。

Technology investor and entrepreneur David Sacks, who recently joined Trump’s administration, discussed the creation of a “digital stockpile” to manage the U.S.’s cryptocurrency holdings.

最近加入特朗普政府的技術投資者和企業家戴維·薩克斯（David Sacks）討論了創建“數字儲備”來管理美國加密貨幣持有的。

However, despite these efforts, there is still a lack of a clear strategy for Bitcoin-specific purchases, leaving investors in the dark.

但是，儘管進行了這些努力，但仍缺乏針對比特幣特定購買的明確策略，使投資者陷入了黑暗之中。

In addition to this, Trump’s comments about Bitcoin no longer playing its role as a store of value have raised eyebrows.

除此之外，特朗普對比特幣的評論不再扮演其價值的作用，這引起了人們的關注。

With inflation concerns growing and gold prices climbing, many investors are now turning back to traditional assets, placing additional pressure on Bitcoin’s value.

隨著通貨膨脹率的增長和黃金價格攀升，許多投資者現在正在轉向傳統資產，給比特幣的價值帶來了額外的壓力。

The Potential for Further Declines

進一步下降的潛力

As market analysts closely monitor Bitcoin’s price movements, they are noticing that the cryptocurrency is nearing critical levels. Some experts predict that the cryptocurrency could drop to as low as $70,000.

當市場分析師密切監視比特幣的價格變動時，他們注意到加密貨幣正在接近關鍵水平。一些專家預測，加密貨幣可能會降至70,000美元。

At this price point, things may get even worse, with panic-selling exacerbating the already-troubling price decline.

在這個價格點上，情況可能會變得更糟，恐慌銷量加劇了已經令人震驚的價格下跌。

According to Zach Burks, CEO of non-fungible token service provider Mintology, this marks the first time during Trump’s administration that there are open discussions about Bitcoin not fulfilling its role as a store of value.

據《不可殺菌令牌服務提供商》首席執行官扎克·伯克斯（Zach Burks）表示，這標誌著特朗普政府在政府中的第一次，關於比特幣不履行其作為價值存儲的作用的公開討論。

But, with inflation concerns reaching a fever pitch and the U.S. economy showing signs of instability, many are returning to gold, deeming it a safer haven in the current climate.

但是，隨著通貨膨脹率的發燒，美國經濟表現出不穩定的跡象，許多人正在恢復黃金，認為這是當前氣候下的更安全的避風港。

This shift in investment strategy could have a significant impact on the cryptocurrency market, as it may induce further selloffs and push Bitcoin’s price even lower from its latest drop to $8

投資策略的這種轉變可能會對加密貨幣市場產生重大影響，因為它可能會導致進一步的拋售，並將比特幣的價格從最新下跌到8美元。