為什麼加密貨幣今天會下跌？ BTC 跌破 9.4 萬美元，ETH 跌至 3.3 萬美元，市值觸及 1 個月低點

今天，加密貨幣市場經歷了大幅拋售，比特幣 (BTC) 明顯跌破 94,000 美元。與 BTC 一樣，主要山寨幣價格也在下跌，加密貨幣總市值已跌至 3.3T 美元，創下近一個月來的最低點。

The cryptocurrency market experienced a sell-off on Monday, with Bitcoin (BTC) dropping notably below $94,000. Along with BTC, major altcoin prices are also declining, and the total cryptocurrency market capitalization has fallen to $3.3T, marking the lowest level in almost a month.

週一，加密貨幣市場遭遇拋售，比特幣 (BTC) 明顯跌破 94,000 美元。與 BTC 一樣，主要山寨幣價格也在下跌，加密貨幣總市值已跌至 3.3T 美元，創下近一個月來的最低點。

This sell-off stems from last week's Federal Reserve's (Fed’s) monetary policy announcement, with Bitcoin falling below $100,000. Market participants witnessed a sharp decline across cryptocurrencies, triggering substantial liquidations and affecting the total market capitalization.

這次拋售源自於上週聯準會 (Fed) 的貨幣政策公告，比特幣跌破 10 萬美元。市場參與者目睹了加密貨幣的大幅下跌，引發了大量清算並影響了總市值。

Let’s check together, why is crypto down today and what are the technical price predictions for Bitcoin, Ethereum, Ripple and Dogecoin.

讓我們一起來看看為什麼今天加密貨幣下跌以及比特幣、以太坊、瑞波幣和狗狗幣的技術價格預測是什麼。

Why Is Crypto Crashing?

為什麼加密貨幣會崩潰？

The cryptocurrency market has had a challenging period over the past day and week. Both Bitcoin and major altcoins, including Ethereum, XRP, and Dogecoin, have experienced significant losses. During Monday's session, Bitcoin's price briefly dipped below $94,000. While it has since recovered somewhat to $95,800, it still shows an 8.5% decline over the past week.

在過去的一天和一周裡，加密貨幣市場經歷了一段充滿挑戰的時期。比特幣和主要山寨幣，包括以太幣、XRP 和狗狗幣，都經歷了重大損失。週一交易時段，比特幣價格短暫跌破 94,000 美元。雖然此後有所回升至 95,800 美元，但過去一周仍下跌 8.5%。

Ethereum has seen even steeper losses, dropping nearly 16% during the same period, with its current price hovering around $3,300. XRP has declined by 8% and now trades at $2.20. Meanwhile, the meme-inspired Dogecoin, which ranks as the seventh-largest cryptocurrency by market capitalization, has shed 21% of its value, currently trading at $0.31.

以太坊的跌幅更大，同期下跌近 16%，目前價格徘徊在 3,300 美元左右。 XRP 下跌了 8%，目前交易價格為 2.20 美元。同時，受 meme 啟發的狗狗幣 (Dogecoin) 按市值排名第七大加密貨幣，其價值已下跌 21%，目前交易價格為 0.31 美元。

These declines in major cryptocurrencies have negatively impacted the total market capitalization, which now stands at just over $3.3 trillion - the lowest level in a month.

主要加密貨幣的下跌對總市值產生了負面影響，目前總市值略高於 3.3 兆美元，為一個月來的最低水準。

The Fear and Greed Index for cryptocurrencies, which had consistently remained at extremely high greed levels, has now moved closer to 50, indicating a neutral market sentiment. This suggests investors are currently in a wait-and-see mode, neither panicking about dramatic drops nor eagerly buying the dip.

加密貨幣的恐懼和貪婪指數一直保持在極高的貪婪水平，目前已接近 50，顯示市場情緒處於中性。這顯示投資人目前處於觀望狀態，既不會對大幅下跌感到恐慌，也不會急於逢低買進。

Liqudiations: Almost $300M in Crypto Leveraged Positions Gone

清算：近 3 億美元的加密貨幣槓桿部位消失

Despite the market downturn, there hasn't been a significant surge in leveraged position liquidations over the past 24 hours. According to Coinglass data, $283 million in leveraged positions were liquidated, with $191 million in long positions and $92 million in short positions.

儘管市場低迷，但過去24小時內槓桿部位平倉並未大幅激增。 Coinglass 數據顯示，2.83 億美元的槓桿頭寸被清算，其中多頭頭寸 1.91 億美元，空頭頭寸 9,200 萬美元。

This indicates that those betting on stronger gains for Bitcoin, Ethereum, XRP, Dogecoin, and Solana have suffered the most losses, being forced to close their positions as the market moved south. Bitcoin and Ethereum dominated the liquidations, each seeing around $42 million in long positions and approximately $19-20 million in short positions liquidated.

這表明那些押注比特幣、以太坊、XRP、狗狗幣和 Solana 上漲的人遭受了最大的損失，隨著市場下跌而被迫平倉。比特幣和以太幣在清算中佔據主導地位，各有約 4,200 萬美元的多頭頭寸和約 190-2000 萬美元的空頭頭寸被清算。

Federal Reserve Factor, Why Is Crypto Down Today?

聯準會因素，為什麼加密貨幣今天會下跌？

The Federal Reserve's recent monetary policy stance has significantly impacted the market. While the Fed cut rates by 0.25%, Fed Chair Powell's cautious statements about future rate cuts and emphasis on maintaining restrictive policy to control inflation spooked investors. The Fed's projection of only two rate cuts in 2025 was less aggressive than markets had hoped.

聯準會近期的貨幣政策立場對市場產生了重大影響。雖然聯準會降息0.25%，但聯準會主席鮑威爾對未來降息的謹慎言論以及強調維持限制性政策以控制通膨的做法令投資者感到不安。聯準會對 2025 年僅兩次降息的預測沒有市場預期那麼激進。

The Fed's decision had a substantial impact on the cryptocurrency market. When it was announced last Wednesday, Bitcoin slid from near its historic highs, losing almost 6% in a single day. The current monthly lows continue to be a direct consequence of Powell's announcements.

聯準會的決定對加密貨幣市場產生了重大影響。上週三消息公佈後，比特幣從歷史高點附近回落，單日下跌近 6%。目前的月度低點仍然是鮑威爾聲明的直接後果。

Global liquidity conditions are tightening, with central banks reducing their balance sheets and rising bond market volatility making conditions unfavorable for risk assets. This has particularly affected Bitcoin and other cryptocurrencies, which are sensitive to liquidity changes.

全球流動性狀況正在收緊，各國央行縮減資產負債表，債券市場波動性加大，對風險資產不利。這尤其影響了比特幣和其他對流動性變化敏感的加密貨幣。

Crypto Technical Analysis: Bitcoin, Ethereum, Dogecoin and XRP

加密貨幣技術分析：比特幣、以太幣、狗狗幣和 XRP

From a technical analysis perspective, Bitcoin's long-term outlook remains relatively stable. BTC is retesting local support just below $93,500, a level that has been regularly tested since late November.

從技術分析的角度來看，比特幣的長期前景仍然相對穩定。 BTC 正在重新測試略低於 93,500 美元的當地支撐位，該水平自 11 月底以來一直在定期測試。

This support coincides with the local peaks established on November 13, when this level marked a new record high. Currently, Bitcoin faces crucial technical support, reinforced by the round number of $92,000 and the 50-day exponential moving average. The psychological barrier of $90,000 lies just below, which bulls are likely to defend strongly.

該支撐位與 11 月 13 日建立的局部峰值一致，當時該水平創下了新的歷史高點。目前，比特幣面臨關鍵的技術支撐，92,000 美元整數關卡和 50 天指數移動平均線進一步強化了比特幣的技術支撐。 9 萬美元的心理關卡就在下方，多頭可能會強力捍衛該關卡。

In my opinion, buyers should only become concerned about Bitcoin's future if the price drops below $74,000, where the 200-day exponential moving average intersects with support levels from October 29. Key resistance levels are at $100,000 (psychological), $104,000 (October 5 highs), and $108,000 (current all-time high from December 16-17).

在我看來，只有當價格跌破74,000 美元（200 天指數移動平均線與10 月29 日以來的支撐位相交）時，買家才應該擔心比特幣的未來。 ）、104,000 美元（10 月5 日高點） ）和 108,000 美元（12 月 16 日至 17 日的當前歷史新高）。

Ethereum is currently testing support at the 61.8% Fibonacci retracement level

以太坊目前正在測試 61.8% 斐波那契回檔位的支撐位