加密貨幣市場暴跌，機構投資者改變策略

加密貨幣市場的交易活動和價格大幅下降，比特幣和以太坊的跌幅顯著。包括 MicroStrategy 和 Grayscale 在內的機構投資者在市場不確定的情況下繼續採取策略性舉措。隨著交易員猶豫不決，曾經熱烈的「逢低買進」呼聲已經減弱，這與看好加密貨幣市場軌跡的人的情緒更加平靜相呼應。

Cryptocurrency Market Faces Significant Downturn, Institutional Investors Adapt

加密貨幣市場面臨嚴重低迷，機構投資者適應

The cryptocurrency market has witnessed a notable decline in trading activity, with Bitcoin and Ethereum experiencing significant price drops. This downturn has prompted traders to reconsider their bullish sentiment, with the once-fervent calls to "buy the dip" diminishing.

加密貨幣市場的交易活動顯著下降，比特幣和以太幣的價格大幅下跌。這種低迷促使交易員重新考慮他們的看漲情緒，一度熱烈的「逢低買進」呼聲逐漸減弱。

Bitcoin's Downturn and Market Indicators

比特幣的低迷和市場指標

Bitcoin has borne the brunt of the market downturn, with its trading volume plunging by 60-65% since its peak in late February. Analysts are closely monitoring this decline, as a spike in trading volume is often considered a key signal for a potential market turnaround.

比特幣在市場低迷中首當其衝，其交易量自2月底的高峰以來暴跌了60-65%。分析師正在密切關注這種下降，因為交易量的激增通常被認為是潛在市場好轉的關鍵訊號。

The global market cap has also reflected this downturn, slipping by 2.46% to $2.25 trillion within the last 24 hours. Decentralized finance (DeFi) currently stands at $5.98 billion, representing 8.33% of the total crypto market volume, while stablecoins dominate at $67.14 billion, constituting a significant 93.46%.

全球市值也反映了這種低迷，在過去 24 小時內下跌 2.46% 至 2.25 兆美元。去中心化金融（DeFi）目前規模為 59.8 億美元，佔加密貨幣市場總規模的 8.33%，而穩定幣則佔據主導地位，規模為 671.4 億美元，佔比高達 93.46%。

Bitcoin's dominance has witnessed a slight uptick of 0.41% in the past day, hovering at 53.59%, while the fear and greed index rests at 58, indicating a moderate sentiment of uncertainty among investors. Bitcoin's price itself has seen a dip, hitting a 12-day low of $61,111.25, marking a 7.32% decline over the past week.

比特幣的主導地位在過去一天小幅上漲了0.41%，徘徊在53.59%，而恐懼和貪婪指數為58，顯示投資者的不確定性情緒溫和。比特幣價格本身也出現下跌，觸及 12 天低點 61,111.25 美元，過去一週下跌 7.32%。

Ethereum's Decline and Institutional Activity

以太坊的衰退和機構活動

Ethereum, the second-largest cryptocurrency, has faced a similar downturn, experiencing a 6% decrease in value over the past seven days, with a recent low of $3,005.42.

第二大加密貨幣以太幣也面臨類似的低迷，過去 7 天價值下跌 6%，近期低至 3,005.42 美元。

Amidst this market turbulence, notable institutional players continue to make strategic moves. MicroStrategy, known for its bullish stance on Bitcoin, recently acquired an additional 122 BTC at $63,934 each, amounting to $7.8 million in April. This purchase adds to their substantial Bitcoin holdings, totaling 214,400 BTC with an average buying price of $35,180.

在市場動盪的背景下，知名機構參與者繼續採取策略性措施。以看好比特幣而聞名的 MicroStrategy 最近在 4 月以每股 63,934 美元的價格額外購買了 122 個比特幣，總計 780 萬美元。這次購買增加了他們大量的比特幣持有量，總計 214,400 BTC，平均購買價格為 35,180 美元。

Grayscale, another prominent institutional investor, transferred 5,626 ETH, valued at $17.83 million, to #FlowTraders just four hours prior. This move marks the fourth transfer in three months, totaling 23,178 ETH or $71.3 million.

就在四小時前，另一家知名機構投資者 Grayscale 將 5,626 ETH 轉移至#FlowTraders，價值 1,783 萬美元。這是三個月內的第四次轉賬，總計 23,178 ETH，即 7,130 萬美元。

Outlook Amidst Uncertainty

前景充滿不確定性

As the cryptocurrency market navigates through this period of uncertainty, all eyes are on the potential signals of a turnaround, with trading volume acting as a crucial indicator. Whether the current lull will give way to a market-wide rally as May unfolds remains to be seen, but for now, traders remain cautiously optimistic, poised for any signs of a resurgence.

隨著加密貨幣市場經歷這段不確定時期，所有人的目光都集中在潛在的改善訊號上，其中交易量是一個關鍵指標。隨著五月的到來，當前的平靜是否會被市場全面反彈所取代還有待觀察，但目前交易員仍保持謹慎樂觀，準備迎接任何復甦的跡象。