加密市場低迷：比特幣跌破64,000美元，拖累股市

Is the Cryptocurrency Market on a Downward Spiral?

加密貨幣市場正在螺旋式下降嗎？

The cryptocurrency market ended the week with a whimper, as Bitcoin (BTC) once again dipped below $64,000, dragging altcoins down with it. Traders, sensing an opportunity to cash in their profits ahead of the next big surge, fueled the sell-off.

加密貨幣市場本週以低迷結束，比特幣 (BTC) 再次跌破 64,000 美元，拉低了山寨幣的價格。交易員意識到在下一次大幅上漲之前有機會兌現利潤，加劇了拋售。

Stock Market Feels the Pressure

股市感受到壓力

Stocks also faced headwinds after a Thursday rally that pushed all three major indexes to record highs on hopes of lower interest rates. By the closing bell, the S&P and Dow had retreated into negative territory, down 0.14% and 0.77%, respectively. The Nasdaq managed to eke out a 0.16% gain, salvaging the day.

由於利率下降的希望，週四的上漲推動所有三大股指創下歷史新高，股市也面臨阻力。截至收盤，標準普爾和道瓊指數均回落至負值區域，分別下跌 0.14% 和 0.77%。那斯達克指數勉強上漲 0.16%，挽救了當天的局面。

Crypto vs. Stocks: A Tale of Two Markets

加密貨幣與股票：兩個市場的故事

Despite the fanfare surrounding stocks' record highs, crypto enthusiasts couldn't resist a sly dig. While Bitcoin has plummeted over 13% from its recent peak, the S&P has only dipped by about 0.5%. Since 2014, Bitcoin has soared by a staggering 29,000%, dwarfing the S&P's 195% gain and gold's 91.5% appreciation.

儘管股市創下歷史新高，但加密貨幣愛好者還是無法抗拒狡猾的挖礦。雖然比特幣較近期高峰暴跌超過 13%，但標準普爾指數僅下跌約 0.5%。自2014年以來，比特幣已經飆升了驚人的29,000%，令標準普爾指數195%的漲幅和黃金91.5%的升值相形見絀。

Bitcoin's Technical Picture: A Mixed Bag

比特幣的技術圖景：魚龍混雜

At the time of writing, BTC is trading around $63,570, down 2.3% over the past 24 hours. Market analyst CryptoChiefs sees a glimmer of hope in the formation of an inverse head and shoulders pattern, with resistance at the Monday low of $65.6k.

截至撰寫本文時，BTC 交易價格約為 63,570 美元，過去 24 小時內下跌 2.3%。市場分析師 CryptoChiefs 看到了反向頭肩形態形成的一線希望，阻力位為週一低點 65,600 美元。

Institutional Appetite Remains Strong

機構興趣依然強勁

Despite the price decline, CryptoQuant analyst Poppe points to BlackRock's consistent inflows into the Spot Bitcoin ETF as evidence of continued institutional buying. This suggests that the current cycle is far from over.

儘管價格下跌，CryptoQuant 分析師 Poppe 指出，貝萊德持續流入現貨比特幣 ETF，作為機構持續買入的證據。這表示當前週期遠未結束。

Altcoin Market: Winners and Losers

山寨幣市場：贏家與輸家

In the altcoin realm, DeXe (DEXE) emerged as the frontrunner with a 21.9% surge, followed by DAO Maker (DAO) with a 16.2% jump and Aptos (APT) with an 11.5% gain. Echelon Prime (PRIME), on the other hand, tumbled by 9.3%, while Raydium (RAY) and Flux (FLUX) shed 8% and 7.7%, respectively.

在山寨幣領域，DeXe (DEXE) 以 21.9% 的漲幅成為領跑者，其次是 DAO Maker (DAO)，上漲 16.2%，Aptos (APT) 上漲 11.5%。另一方面，Echelon Prime (PRIME) 下跌 9.3%，Raydium (RAY) 和 Flux (FLUX) 分別下跌 8% 和 7.7%。

Overall Market Sentiment: A Wait-and-See Approach

整體市場情緒：觀望態度

The total cryptocurrency market capitalization currently stands at $2.43 trillion, with Bitcoin's dominance hovering around 51.7%. Traders are cautiously watching the market, anticipating the next major move. While the recent pullback has dampened spirits, the long-term outlook for crypto remains bullish, with many analysts predicting further upside potential in the months to come.

目前加密貨幣總市值為2.43兆美元，其中比特幣的主導地位徘徊在51.7%左右。交易員正在謹慎關注市場，預計下一步的重大趨勢。儘管最近的回調打擊了人們的情緒，但加密貨幣的長期前景仍然看漲，許多分析師預測未來幾個月將有進一步的上漲潛力。