隨著比特幣測試支撐，加密貨幣市場波動；儘管就業報告強勁，股市仍反彈

加密貨幣市場本週在波動中結束，比特幣在 68,000 美元附近波動 4%。儘管美國就業報告強勁且對利率有擔憂，但股指仍反彈。分析師將比特幣的橫盤走勢歸因於對稱三角形型態，預測比特幣將突破新高。然而，由於 ETH/BTC 比率暗示對替代加密貨幣的熱情減弱，山寨幣面臨下行風險。儘管現貨和衍生性商品市場的交易量都在飆升，但由於經濟指標好壞參半以及聯準會對利率的謹慎立場，更廣泛的金融市場仍然存在不確定性。

Volatility Persists in Cryptocurrency Market as Bitcoin Consults Support; Stocks Rebound, Despite Strong Jobs Report

比特幣尋求支持，加密貨幣市場持續波動；儘管就業報告強勁，股市仍反彈

London, United Kingdom - April 1, 2023 - The cryptocurrency market concluded the week with sustained volatility, mirroring its behavior throughout the past four days. Bitcoin (BTC) experienced a 4% intraday price swing, consolidating around support at $68,000.

英國倫敦 - 2023 年 4 月 1 日 - 加密貨幣市場以持續波動結束本週，反映了過去四天的表現。比特幣 (BTC) 盤中價格波動 4%，在 68,000 美元的支撐位附近盤整。

Meanwhile, stocks enjoyed a day of recovery, with major indices reclaiming some of the ground lost in Thursday's late-afternoon sell-off. The catalyst for the decline was Minnesota Fed President Neel Kashkari's suggestion that the Fed may not lower interest rates this year if inflation remains elevated.

與此同時，股市迎來了一天的復甦，主要股指收復了周四午後拋售中的部分失地。明尼蘇達州聯邦儲備銀行主席尼爾卡什卡里表示，如果通膨持續高企，聯準會今年可能不會降息，這是導致下跌的催化劑。

Stock prices rebounded despite a strong jobs report in the United States. The economy added 303,000 jobs in March, considerably higher than the anticipated 200,000. Combined with recent higher-than-expected inflation data and growing tensions in the Middle East, investors have become increasingly apprehensive, making the Federal Reserve's decision on interest rates more complex.

儘管美國就業報告強勁，但股價仍反彈。 3 月經濟新增就業 303,000 個，遠高於預期的 20 萬個。加之近期通膨數據高於預期以及中東局勢日益緊張，投資人的憂慮情緒日益加劇，使得聯準會的利率決策變得更加複雜。

Despite the threat of prolonged higher interest rates or a potential hike, the S&P, Dow, and Nasdaq ended the day in positive territory, rising by 1.10%, 0.85%, and 1.20%, respectively.

儘管有長期升息或潛在升息的威脅，標準普爾指數、道瓊指數和納斯達克指數當天收盤上漲，分別上漲 1.10%、0.85% 和 1.20%。

Data from TradingView revealed that Bitcoin bears gained control of the price action early on Friday, driving the price from a high of $68,780 to a low near $66,000. However, bulls regained momentum, pushing the price back above $67,500.

TradingView 的數據顯示，比特幣空頭在周五早些時候控制了價格走勢，推動價格從 68,780 美元的高點跌至接近 66,000 美元的低點。然而，多頭重新獲得動力，將價格推回 67,500 美元上方。

At the time of writing, Bitcoin trades at $67,703, down 0.33% over the past 24 hours.

截至撰寫本文時，比特幣交易價格為 67,703 美元，過去 24 小時下跌 0.33%。

Rate Cut Uncertainty Fuels Volatility

降息的不確定性加劇了波動

"Bitcoin is currently navigating within a symmetrical triangle formation, without a definitive direction," noted analysts at Secure Digital Markets. "After a bounce from the triangle's lower edge near $64,500, the momentum is expected to propel the price towards a recent peak of $72,000."

Secure Digital Markets 的分析師指出：“比特幣目前正在對稱三角形形態中運行，沒有明確的方向。” “從三角形下緣接近 64,500 美元反彈後，預計這一勢頭將推動價格升至 72,000 美元的近期峰值。”

"With the ETF market witnessing solid inflows and the looming supply shock anticipated by the market, a breakout above this pattern, leading to new all-time highs, seems likely in the near term," they added. "In terms of ETF movements, the scene remains bullish with net inflows hitting $106.8 million, while Grayscale's outflows were comparatively modest at $79.3 million."

他們補充說：“隨著 ETF 市場出現強勁的資金流入以及市場預期的供應衝擊迫在眉睫，短期內似乎有可能突破這一模式，從而創下歷史新高。” “就 ETF 走勢而言，情況仍然看漲，淨流入達到 1.068 億美元，而 Grayscale 的流出相對溫和，為 7930 萬美元。”

While Bitcoin showed strength, altcoins faced the risk of further declines, according to the analysts. They highlighted the struggling price of Ethereum (ETH).

分析師表示，雖然比特幣表現強勁，但山寨幣面臨進一步下跌的風險。他們強調了以太坊（ETH）的掙扎價格。

"The ETH/BTC ratio, an indicator often associated with altcoin market leadership when on the rise, is teasing recent low levels," the analysts noted. "This underperformance by ETH could hint at a growing cautious sentiment and a dampening enthusiasm for altcoins."

分析師指出：“ETH/BTC 比率是一個在上升時通常與山寨幣市場領導地位相關的指標，但它正在挑戰近期的低水平。” “以太坊的表現不佳可能暗示著人們的謹慎情緒日益增長，以及對山寨幣的熱情減弱。”

Robust Trading Volumes Amid Market Turbulence

市場動盪中交易量強勁

The analysts also highlighted the surge in trading volumes across the crypto market. "March saw a remarkable surge in trading volumes, with spot trading on centralized exchanges jumping 108% to $2.94 trillion – the highest since May 2021 and marking the sixth consecutive monthly rise," they noted. "Derivatives trading volumes also soared by 86.5% to a record $6.18 trillion, though their share of the total crypto market dipped slightly to 67.8% from February's 70.1%, the lowest since December 2022."

分析師也強調了整個加密貨幣市場交易量的激增。他們指出：「3 月份交易量顯著激增，中心化交易所的現貨交易量猛增108%，達到2.94 兆美元，這是2021 年5 月以來的最高水平，也是連續第六個月增長。 」 「衍生性商品交易量也飆升86.5%，達到創紀錄的6.18 兆美元，但在整個加密市場的份額從2 月的70.1% 略有下降至67.8%，為2022 年12 月以來的最低水準。 」

Commenting on the broader financial market turbulence, the Secure Digital Markets analysts observed that "The reported increase of 303,000 nonfarm payrolls in March, outstripping the 212,000 forecast, and a dip in the unemployment rate to 3.8% underscore the market's resilience but also complicate the prospects for rate cuts."

Secure Digital Markets 分析師在評論更廣泛的金融市場動盪時指出，「3 月非農就業人數增加303,000 人，超出預期的212,000 人，失業率下降至3.8%，凸顯了市場的彈性，但也使前景變得複雜。為了降息。”

"Neel Kashkari's comments on inflation and rate adjustments underscore a cautious stance towards easing monetary policy, especially without clear indications of inflation stabilizing," they added. "Although Kashkari's influence in the Federal Open Market Committee is noted, his voting power won't come into

他們補充說：“尼爾·卡什卡里關於通膨和利率調整的評論凸顯了對寬鬆貨幣政策的謹慎立場，特別是在沒有明確跡象表明通膨穩定的情況下。” 「儘管卡什卡里在聯邦公開市場委員會的影響力受到關注，但他的投票權不會受到影響。