加密貨幣市場因期貨清算 4 億美元而暴跌

4 月 1 日，加密貨幣市場大幅下跌，比特幣和以太幣分別下跌 4.5% 和 4.1%。這導致約 4 億美元的期貨部位被清算，其中主要是多頭部位。其他高市值代幣也遭受損失，Solana、Dogecoin 和 Dogwifhat 分別下跌 5%、9.1% 和 10.1%。市場情緒已從自信轉變為猶豫不決，監測潛在復甦或進一步下跌的關鍵價格區域包括比特幣 72,000 美元和以太坊 3,700 美元。

Crypto Market Suffers Heavy Price Correction, Futures Liquidations Hit $400 Million

加密市場價格大幅調整，期貨清算額達4億美元

The cryptocurrency market experienced a significant downturn on Tuesday, April 1st, as the price of Bitcoin (BTC) and Ethereum (ETH) plummeted by 4.5% and 4.1%, respectively. This price correction triggered a wave of liquidations in the futures market, with over $400 million worth of long positions liquidated in the past 24 hours.

4 月 1 日星期二，加密貨幣市場經歷了大幅下滑，比特幣 (BTC) 和以太幣 (ETH) 的價格分別暴跌 4.5% 和 4.1%。這次價格調整引發了期貨市場一波清算的浪潮，過去24小時內清算了價值超過4億美元的多頭部位。

The sell-off extended beyond Bitcoin and Ethereum, as most other cryptocurrencies in the top 100 by market capitalization suffered losses. Solana (SOL) dropped by 5%, Dogecoin (DOGE) by 9.1%, and Dogwifhat (WIF) by 10.1%.

拋售範圍超出了比特幣和以太坊，市值排名前 100 名的大多數其他加密貨幣都遭受了損失。 Solana (SOL) 下跌 5%，Dogecoin (DOGE) 下跌 9.1%，Dogwifhat (WIF) 下跌 10.1%。

The "CryptoBubbles" chart shows that other popular cryptocurrencies such as Avalanche, Binance Coin, Chainlink, Cardano, Polkadot, Near, Tron, Ripple, and many others also experienced negative performance in the last 24 hours.

「CryptoBubbles」圖表顯示，其他流行的加密貨幣，如 Avalanche、Binance Coin、Chainlink、Cardano、Polkadot、Near、Tron、Ripple 等在過去 24 小時內也經歷了負面表現。

Futures Liquidations Dampen Bullish Sentiment

未來的清算會抑制看漲情緒

The liquidations observed in the crypto futures market have shifted investors' bias from confident to hesitant. According to Coinglass, over $324 million of bullish positions were liquidated in the past 24 hours, while bearish positions suffered losses of only $80 million.

加密貨幣期貨市場上觀察到的清算已經使投資者的偏見從自信轉變為猶豫不決。 Coinglass 的數據顯示，過去 24 小時內，超過 3.24 億美元的看漲頭寸被平倉，而看跌頭寸僅損失 8,000 萬美元。

The largest liquidation occurred on the ETH-USD market on OKX, where a single trader experienced a forced closure of a $7.48 million trade.

最大規模的清算發生在 OKX 的 ETH-USD 市場，單一交易者 748 萬美元的交易被強制平倉。

While last night's shakeout was not the most significant in recent times, it underscores the ongoing volatility in the crypto market and the high risks associated with leverage trading.

雖然昨晚的震盪並不是近期最嚴重的，但它突顯了加密貨幣市場的持續波動以及與槓桿交易相關的高風險。

Key Settlement Levels to Monitor

需要監控的關鍵結算水平

Despite the recent dip, the funding rate of futures remains positive, suggesting that the potential for a price recovery remains.

儘管最近有所下跌，但期貨的融資利率仍然為正，顯示價格復甦的潛力仍然存在。

On Bitcoin, the key levels to watch are $72,000 and $63,000. If BTC manages to rise above $72,000, over $2.3 billion in potential liquidations from short-sellers will be triggered. However, if BTC falls below $63,000, it could trigger $450 million in liquidations from long-position holders.

就比特幣而言，值得關注的關鍵水平是 72,000 美元和 63,000 美元。如果 BTC 成功升至 72,000 美元以上，將觸發賣空者超過 23 億美元的潛在清算。然而，如果 BTC 跌破 63,000 美元，可能會引發多頭部位持有者 4.5 億美元的清算。

For Ethereum, the key levels to watch are $3,700 and $3,000. A move above $3,700 would result in approximately $300 million in short-seller liquidations, while a drop below $3,000 could trigger $100 million in long-position liquidations.

對於以太坊來說，值得關注的關鍵水平是 3,700 美元和 3,000 美元。突破 3,700 美元將導致約 3 億美元的賣空清算，而跌破 3,000 美元則可能引發 1 億美元的多頭清算。

Conclusion

結論

The recent price correction in the crypto market has dampened the bullish sentiment that had driven the market higher in recent months. Futures liquidations worth $400 million have exacerbated the sell-off and introduced a note of caution among investors.

加密貨幣市場最近的價格調整削弱了近幾個月推動市場走高的看漲情緒。價值 4 億美元的期貨清算加劇了拋售，並引起了投資者的警惕。

However, the key settlement levels outlined above suggest that a recovery is still possible. If Bitcoin and Ethereum can hold their support levels, it could trigger a wave of short-seller liquidations and push the market back into a bullish trend. Conversely, if these levels are breached, it could lead to further declines and a continuation of bearish conditions.

然而，上述關鍵結算水準顯示復甦仍有可能。如果比特幣和以太幣能夠守住支撐位，可能會引發一波賣空者清算浪潮，推動市場重新回到看漲趨勢。相反，如果突破這些水平，可能會導致進一步下跌和看跌狀況持續。

Traders and investors are advised to closely monitor the market dynamics and manage their risk exposure accordingly.

建議交易者和投資者密切關注市場動態並相應管理風險敞口。