比特幣在市場調整中暴跌，恐懼與貪婪相撞

自 4 月 30 日以來，比特幣價格暴跌 12%，導致超過 4.75 億美元的加密貨幣部位被清算，投資者情緒悲觀。此次下跌已經突破了關鍵支撐位，進一步下行潛力為 55,000 美元和 52,000 美元的 200 日均線。然而，RSI 指標顯示市場超買，可能預示著觸底並隨後反彈至 70,000 美元。

Bitcoin Slumps Amidst Market Correction and Bearish Sentiment

比特幣在市場調整和看跌情緒中暴跌

As of 4:30 am EST, the value of Bitcoin has plunged to $57,224, marking a significant 5% decline over the past 24 hours. This sharp drop represents a substantial correction from the all-time high of $64,719 reached on April 30, as Bitcoin has shed over $8,000 in value. The intra-day low on May 1 reached an unsettling $56,663.

截至美國東部時間凌晨 4:30，比特幣的價值已暴跌至 57,224 美元，在過去 24 小時內大幅下跌 5%。此次大幅下跌代表著對 4 月 30 日達到的歷史高點 64,719 美元的大幅回調，比特幣價值已下跌超過 8,000 美元。 5 月 1 日的盤中低點達到令人不安的 56,663 美元。

Analysts attribute this bearish trend to a confluence of factors, including the underperformance of Hong Kong's recently launched spot Bitcoin exchange-traded funds (ETFs) on their market debut. Further contributing to the market's volatility are hawkish monetary policy signals from United States Treasury Secretary Janet Yellen and the ongoing legal challenges faced by cryptocurrency exchange Binance and its CEO, Changpeng Zhao.

分析師將這種看跌趨勢歸因於多種因素，其中包括香港最近推出的現貨比特幣交易所交易基金（ETF）在首次上市時表現不佳。美國財政部長珍妮特耶倫發出的鷹派貨幣政策訊號以及加密貨幣交易所幣安及其首席執行官趙長鵬面臨的持續法律挑戰進一步加劇了市場波動。

Independent data from Alternative, a platform that tracks investor sentiment in the cryptocurrency market, reveals a significant decline in overall sentiment. The Crypto Fear and Greed Index, which measures investor emotions towards cryptocurrencies, has dropped precipitously from "extreme greed" in April to a mere "neutral" at present. This shift indicates that fear, uncertainty, and doubt are currently driving market dynamics.

追蹤加密貨幣市場投資者情緒的平台 Alternative 的獨立數據顯示，整體情緒顯著下降。衡量投資者對加密貨幣情緒的加密貨幣恐懼和貪婪指數已從 4 月的「極度貪婪」急劇下降至目前的「中性」。這種轉變表明恐懼、不確定性和懷疑目前正在推動市場動態。

While extreme fear can often signal an optimal buying opportunity for investors seeking to capitalize on market dips, it remains crucial to approach such opportunities with caution. The current decline in Bitcoin prices has triggered a wave of liquidations across the derivatives market. In the past 24 hours, long derivatives traders, who had anticipated continued price increases, have been caught off guard by the sell-off.

雖然極度恐懼往往預示著尋求利用市場下跌的投資者的最佳買入機會，但謹慎對待此類機會仍然至關重要。當前比特幣價格的下跌引發了整個衍生性商品市場的清算浪潮。過去24小時內，原本預期價格會持續上漲的衍生性商品多頭交易者對拋售感到措手不及。

Over $475.79 million in crypto positions have been liquidated in the past 24 hours, with $172.46 million lost in the last 12 hours alone. Long Bitcoin positions account for over $145.51 million of these liquidations. Notably, over 144,852 traders were liquidated, with the largest single liquidation being an Ether/USD position valued at $6.07 million on the OKX exchange.

在過去 24 小時內，已有超過 4.7579 億美元的加密貨幣部位被清算，僅在過去 12 小時內就損失了 1.7246 億美元。其中，比特幣多頭部位佔清算金額超過 1.4551 億美元。值得注意的是，超過 144,852 名交易者被清算，其中最大的單筆清算是 OKX 交易所價值 607 萬美元的以太幣/美元頭寸。

From a technical analysis perspective, Bitcoin has breached two critical support levels during this recent correction. The 100-day exponential moving average (EMA), currently at $59,932, has been breached, implying that the long-term trend may be shifting. If the sell-off persists, Bitcoin could face further downside pressure towards the psychological level of $55,000 and potentially even the 200-day EMA at $52,000.

從技術分析的角度來看，比特幣在最近的調整中突破了兩個關鍵支撐位。目前 59,932 美元的 100 天指數移動平均線 (EMA) 已被突破，這意味著長期趨勢可能正在轉變。如果拋售持續下去，比特幣可能面臨進一步下行壓力，跌至 55,000 美元的心理水平，甚至可能觸及 52,000 美元的 200 日均線。

It is worth noting that the 200-day EMA has historically provided significant support for Bitcoin's upward trajectory since October 2021. Therefore, this level represents a potential downside limit for the current correction.

值得注意的是，200日均線歷史上為比特幣自2021年10月以來的上行軌跡提供了重要支撐。

The relative strength index (RSI), an indicator of price momentum, is currently trending downwards towards the oversold region, further confirming the strength of the selling pressure. However, the RSI's proximity to the overbought region suggests that the market may soon reach a bottom, potentially followed by a sustained recovery towards $70,000.

作為價格動量指標的相對強弱指數（RSI）目前正向超賣區域下行，進一步證實了拋售壓力的強度。然而，RSI 接近超買區域表明市場可能很快就會觸底，隨後可能持續反彈至 70,000 美元。

In conclusion, the cryptocurrency market is currently undergoing a period of correction, with Bitcoin leading the decline. Bearish sentiment, coupled with factors such as lacklustre ETF performance and regulatory concerns, has driven the market's downward momentum. Investors should exercise caution and consider the potential for further volatility before making any significant trading decisions.

綜上所述，目前加密貨幣市場正處於調整期，比特幣領跌。看跌情緒，加上 ETF 表現不佳和監管擔憂等因素，推動了市場的下行勢頭。在做出任何重大交易決定之前，投資者應謹慎行事並考慮進一步波動的可能性。