加密貨幣崩盤：比特幣跌破關鍵門檻，引發拋售

比特幣從 50 日移動均線大幅下跌，顯示加密貨幣交易者的看跌情緒。分析師認為，這一走勢表明空頭正在為進一步的攻擊做準備，儘管多頭對比特幣近期減半後的長期前景充滿信心。

Crypto Market Takes a Hit as Bitcoin Slides Below Crucial Moving Average

隨著比特幣跌破關鍵移動平均線，加密貨幣市場受到打擊

In a significant shift in market sentiment, Bitcoin has plummeted below its 50-day moving average, a technical indicator that has historically signaled bearish strength. This development has sent ripples through the crypto trading community, with analysts warning of a potential sell-off.

市場情緒發生重大轉變，比特幣已跌破 50 日移動均線，技術指標歷來顯示看跌勢頭。這一事態發展在加密貨幣交易界引起了軒然大波，分析師警告稱，可能會出現拋售。

"This drop below the moving average is a clear indication of the bears regaining control," said Alex Kuptsikevich, an analyst at brokerage firm FxPro. "Traders are taking this as a bearish signal, and we can expect further downward pressure on Bitcoin in the coming days."

經紀公司 FxPro 分析師 Alex Kuptsikevich 表示：“跌破移動平均線清楚表明空頭重新獲得控制權。” “交易員將此視為看跌信號，我們預計未來幾天比特幣將面臨進一步下行壓力。”

The current price action marks a setback for Bitcoin, which has repeatedly failed to reclaim its all-time high near $74,000 set in mid-March. While bulls remain optimistic about the long-term trajectory of the cryptocurrency, particularly in light of last week's "halving" event, the near-term outlook appears increasingly bearish.

目前的價格走勢標誌著比特幣的挫折，比特幣多次未能恢復 3 月中旬創下的近 74,000 美元的歷史高點。儘管多頭對加密貨幣的長期軌跡保持樂觀，特別是考慮到上週的「減半」事件，但近期前景似乎越來越悲觀。

The halving, a programmatic change in Bitcoin's monetary policy, reduces the issuance of new tokens by half. In theory, this should support prices by restricting supply while demand remains constant. However, the immediate impact of this event has been overshadowed by broader market dynamics.

減半是比特幣貨幣政策的程序性改變，將新代幣的發行量減少了一半。理論上，這應該會在需求保持不變的情況下限制供應來支撐價格。然而，這一事件的直接影響被更廣泛的市場動態所掩蓋。

Catalysts driving the stock market are also exerting a significant influence on cryptocurrencies, with Bitcoin exhibiting strong correlations to the S&P 500 and Nasdaq indices. On Thursday, futures tracking these major indexes declined, dragged down by a drop in Meta Platforms stock after the tech giant's earnings release. Similar movements in Alphabet and Microsoft, which are set to report later in the day, could further impact crypto prices.

推動股市的催化劑也對加密貨幣產生了重大影響，而比特幣與標準普爾 500 指數和納斯達克指數表現出強烈的相關性。週四，追蹤這些主要指數的期貨下跌，受到科技巨頭 Meta Platforms 財報發布後股價下跌的拖累。 Alphabet 和微軟的類似走勢將於當天稍晚發布報告，可能會進一步影響加密貨幣價格。

Investors are also closely monitoring macroeconomic news, including the release of first-quarter U.S. gross domestic product (GDP) data. A weaker-than-expected GDP reading could fuel expectations for more aggressive monetary tightening by the Federal Reserve, potentially weighing on risk assets such as cryptocurrencies.

投資人也密切關注宏觀經濟消息，包括美國第一季國內生產毛額（GDP）數據的發布。 GDP數據弱於預期可能會加劇人們對聯準會採取更激進貨幣緊縮政策的預期，這可能會給加密貨幣等風險資產帶來壓力。

Beyond Bitcoin, the broader crypto market also suffered losses. Ether, the second-largest cryptocurrency by market capitalization, dropped 5% to $3,100. Smaller tokens fared even worse, with Solana slumping 8% and Ripple retreating 5%. Memecoins, such as Dogecoin and Shiba Inu, were not spared, each shedding 8%.

除了比特幣之外，更廣泛的加密市場也遭受了損失。以市值計算的第二大加密貨幣以太幣下跌 5%，至 3,100 美元。較小的代幣表現更糟，Solana 下跌 8%，Ripple 下跌 5%。狗狗幣和柴犬幣等 Memecoin 也未能倖免，均下跌 8%。

This latest decline in crypto prices highlights the volatility and risk inherent in these assets. While the long-term potential of cryptocurrencies remains a topic of debate, investors should be aware of the potential for significant price swings and proceed with caution when investing in this nascent asset class.

加密貨幣價格的最新下跌凸顯了這些資產固有的波動性和風險。雖然加密貨幣的長期潛力仍然是一個爭論的話題，但投資者應該意識到價格大幅波動的可能性，並在投資這一新興資產類別時謹慎行事。