由於投資者對經濟不確定性和持續的貿易戰爭的反應，加密市場仍處於壓力下

隨著投資者對經濟不確定性和持續的貿易戰問題的反應，加密市場仍處於壓力下。比特幣，目前交易約84,000美元

The crypto market continues to face headwinds as investors digest ongoing economic uncertainties and the latest developments in the U.S.-China trade war. Bitcoin (BTC) slipped 0.32% over the past 24 hours to $83,894.6 at 08:28 ET (12:28 GMT). Meanwhile, the world’s biggest cryptocurrency saw a period of correction alongside the broader crypto market, with total market capitalization climbing 2.44% to $2.76 trillion.

隨著投資者消化正在進行的經濟不確定性和美中貿易戰的最新發展，加密市場繼續面臨逆風。比特幣（BTC）在過去24小時內下跌0.32％，至$ 83,894.6，在08:28 ET（GMT 12:28）。同時，全球最大的加密貨幣與更廣泛的加密貨幣市場一起進行了一段更正，總市值攀升了2.44％，至2.76萬億美元。

As some sellers are pulling back, there is some uncertainty over whether the current rebound can hold.

隨著一些賣家的退縮，目前的反彈是否可以保持不確定性。

Analyst Predicts 90-Day Bear Market

分析師預測90天的熊市

Market analyst Timothy Peterson predicts that Bitcoin’s recent downturn is relatively mild in comparison to past bear markets. Characterized by a 20% decline from all-time highs, this pullback is weaker in magnitude than historical declines and is expected to last only 90 days.

市場分析師蒂莫西·彼得森（Timothy Peterson）預測，與過去的熊市相比，比特幣最近的下滑相對溫和。該回調的幅度比歷史上的下降較弱，預計僅持續90天。

Examining ten previous bear markets, analyst Timothy Peterson observed that only four were worse in terms of duration—2018, 2021, 2022, and 2024. Despite short-term price drops, Bitcoin’s adoption trends remain strong, rendering a deep decline below $50,000 unlikely.

分析師蒂莫西·彼得森（Timothy Peterson）檢查了十個以前的熊市市場，只有四個持續時間較差，即2018年，2021年，2022年和2024年。儘管短期價格下跌，比特幣的採用趨勢仍然很強勁，使高於50,000美元以下的深度下降。

Moreover, Peterson suggests that BTC may not fall below $80,000 considering the momentum. He predicts a possible slide over the next 30 days, followed by a 20-40% rally after April 15. This rally could bring renewed investor interest and push Bitcoin to new highs.

此外，彼得森認為，考慮到這一勢頭，BTC可能不會低於80,000美元。他預測，在接下來的30天內可能會幻燈片，然後在4月15日之後舉行20-40％的集會。這次集會可能會使新的投資者的興趣並將比特幣推向新高。

Trade War Fears Impact Investor Sentiment

貿易戰恐懼影響投資者的情緒

The recent bloodbath was caused due to U.S. President Donald Trump’s new tariffs on multiple trading partners. These tariffs have triggered retaliatory measures across the globe, raising concerns of a prolonged trade war.

最近的血液是由於美國總統唐納德·特朗普（Donald Trump）對多個貿易夥伴的新關稅造成的。這些關稅引發了全球的報復措施，引起了人們對一場延長貿易戰爭的擔憂。

Investors are now pulling back from riskier assets, including cryptocurrencies, as macroeconomic conditions are not favorable. In the meantime, Data from Glassnode’s Hot Supply metric, which tracks BTC held for a week or less, shows a sharp decline from 5.9% in November 2024 to 2.3% in March 2025. This suggests a drop in speculative trading and highlights weak market sentiment.

現在，投資者正在從包括加密貨幣在內的風險較高的資產中退縮，因為宏觀經濟條件不利。同時，跟踪BTC持有一周或更短的BTC的Hot Supply Metric的數據顯示，從2024年11月的5.9％下降到2025年3月的2.3％。這表明投機性交易下降，強調市場情緒疲軟。

Nansen research analyst Nicolai Sondergaard warns that crypto markets may face trade war-related pressures until at least April 2025, when negotiations could ease tensions.

Nansen研究分析師Nicolai Sondergaard警告說，加密市場可能會面臨與貿易有關的壓力，直到至少2025年4月，屆時談判可以緩解緊張局勢。

Retail Traders Already Invested, Limiting Further Gains

零售商人已經投資，限制了進一步的收益

Another factor putting pressure on Bitcoin’s price is the lack of fresh retail investment. According to CryptoQuant, most retail traders are already exposed to BTC, reducing hopes of a sudden influx of capital to drive prices up.

給比特幣價格施加壓力的另一個因素是缺乏新的零售投資。據CryptoQuant稱，大多數零售商人已經接觸到BTC，從而減少了突然湧入資本以推動價格上漲的希望。

Plus, the narrative of Bitcoin as a safe haven asset is being challenged, as its price has reacted negatively to tariff news, falling alongside other risk assets. Regulatory challenges also persist, with experts predicting that U.S. crypto banking restrictions could last until January 2026, despite efforts to push for clearer regulations.

另外，比特幣作為避風港資產的敘述正在受到挑戰，因為其價格對關稅新聞的反應負面反應，並與其他風險資產一起落下。監管挑戰也持續存在，專家預測，儘管努力努力製定更清晰的法規，但美國加密銀行業務限制可能會持續到2026年1月。