加密貨幣市場下跌，比特幣面臨阻力與整合

加密貨幣市值已跌至 2.63 兆美元，頂級代幣走勢平淡。比特幣在短暫突破 7.15 萬美元後面臨拋售，跌破 6.9 萬美元。儘管 3 月比特幣上漲了 15.4%，但比特幣在可能上漲之前還需要確認盤整。加密鯨魚上週購買了 10 萬 BTC，而比特幣期貨的未平倉合約達到創紀錄的 380 億美元。監管討論仍在繼續，美國商品期貨交易委員會和美國證券交易委員會強調了加密貨幣分類的不同方法。

Cryptocurrency Market Registers Slight Decline, Bitcoin Faces Resistance

加密貨幣市場小幅下跌，比特幣面臨阻力

April 25, 2023 - The cryptocurrency market has experienced a slight dip, with the total capitalization falling to $2.63 trillion, marking the lower end of the weekly range. Leading coins have exhibited mixed performance over the past 24 hours.

2023 年 4 月 25 日－加密貨幣市場小幅下跌，總市值跌至 2.63 兆美元，為週區間下限。過去 24 小時內，主要代幣的表現好壞參半。

Top Coins Show Mixed Results

頂級代幣的結果好壞參半

Bitcoin (BTC), the market leader, has suffered a decline of approximately 0.9%, underperforming the broader market. Ethereum (ETH) and Binance Coin (BNB) have also witnessed losses, dropping by 1.9% and 3%, respectively.

市場領頭羊比特幣（BTC）下跌約 0.9%，表現遜於大盤。以太坊（ETH）和幣安幣（BNB）也出現下跌，分別下跌 1.9% 和 3%。

In contrast, Solana (SOL) and Dogecoin (DOGE) have recorded gains of 1.4% and 0.5%. Toncoin (TON) has also performed strongly, posting a rise of 2%.

相較之下，Solana (SOL) 和 Dogecoin (DOGE) 的漲幅分別為 1.4% 和 0.5%。 Toncoin (TON) 也表現強勁，上漲了 2%。

Bitcoin Faces Consolidation and Resistance

比特幣面臨整合與阻力

Bitcoin has encountered renewed selling pressure after briefly exceeding the $71,500 mark. The subsequent decline pushed BTCUSD below $69,000 during the early hours of European trading. This sharp drop denotes a significant shift from the upper to the lower boundary of the six-day trading range. Analysts attribute this volatility to reduced liquidity due to the Easter holiday weekend.

比特幣在短暫突破 71,500 美元大關後再次遭遇拋售壓力。隨後的下跌使 BTCUSD 在歐洲交易早盤時段跌破 69,000 美元。此次大幅下跌顯示六日交易區間的上限發生了重大轉變。分析師將這種波動歸因於復活節假期週末造成的流動性減少。

Despite the recent setback, some analysts view the dip as a necessary consolidation phase following a period of strong growth. However, previous false starts have served as a cautionary tale, and traders await confirmation of Bitcoin's completion of consolidation. A sustained move above $71,500 would provide such confirmation.

儘管最近遭遇挫折，但一些分析師認為，這次下跌是強勁增長期之後必要的盤整階段。然而，先前的錯誤開始起到了警示作用，交易者正在等待比特幣完成整合的確認。持續突破 71,500 美元將提供這樣的確認。

March proved to be a bullish month for Bitcoin, with a gain of 15.4% pushing it to an all-time high of $70,900. Seasonally, April has historically been favorable for the top cryptocurrency, with an average rise of 21.6% over the past 13 years.

事實證明，3 月對比特幣來說是一個看漲的月份，漲幅為 15.4%，將其推至歷史新高 70,900 美元。從季節性來看，4 月歷來對頂級加密貨幣有利，過去 13 年平均上漲 21.6%。

Market Dynamics

市場動態

CryptoQuant data indicates a surge in monthly demand for BTC in 2024, rising from 40,000 to 213,000 coins. Simultaneously, the supply of available Bitcoins has dwindled to 2.7 million, the lowest level in four years, suggesting market tightness.

CryptoQuant 數據顯示，2024 年 BTC 的月度需求激增，從 40,000 個增加到 213,000 個。同時，可用比特幣的供應量已減少至 270 萬枚，為四年來的最低水平，顯示市場緊張。

Recent analysis from Santiment reveals that crypto whales acquired 100,000 BTC last week, amounting to over $7 billion in total. Additionally, open interest in Bitcoin futures has reached a record high of $38 billion, a $12 billion increase over the month, according to GoinGlass.

Santiment 最近的分析顯示，加密鯨魚上週購買了 10 萬 BTC，總價值超過 70 億美元。此外，根據 GoinGlass 的數據，比特幣期貨的未平倉合約已達到 380 億美元的歷史新高，本月增加了 120 億美元。

Regulatory Landscape

監管環境

Commissioner Caroline Pham of the Commodity Futures Trading Commission (CFTC) has highlighted the challenges in classifying cryptocurrencies and the complexities of cross-jurisdictional collaboration between the CFTC and the Securities and Exchange Commission (SEC) in the recent lawsuit involving cryptocurrency exchange KuCoin.

商品期貨交易委員會 (CFTC) 專員 Caroline Pham 在最近涉及加密貨幣交易所 KuCoin 的訴訟中強調了加密貨幣分類的挑戰以及 CFTC 和證券交易委員會 (SEC) 之間跨司法管轄區合作的複雜性。

Former CIA contractor Edward Snowden has expressed optimism about Coinbase's chances in its ongoing legal battle with the SEC.

前中央情報局承包商愛德華·斯諾登對 Coinbase 在與 SEC 正在進行的法律鬥爭中的機會表示樂觀。

Industry Discord

行業不和諧

Forbes has recently questioned the utility of the Ripple ecosystem, particularly the XRP Ledger (XRPL) and the XRP token. This assessment, which also included other blockchains such as Cardano, Bitcoin Cash, Litecoin, and Stellar, has sparked controversy within the crypto community.

福布斯最近質疑 Ripple 生態系統的實用性，特別是 XRP Ledger (XRPL) 和 XRP 代幣。這項評估還包括卡爾達諾、比特幣現金、萊特幣和恆星幣等其他區塊鏈，在加密貨幣社群內引發了爭議。