現貨 ETF 拋售引發修正，加密貨幣市場暴跌

加密貨幣市場面臨現貨 BTC ETF 拋售壓力引發的調整，比特幣和以太幣分別下跌 5% 和 8%。週末供應壓力緩解導致橫盤整理，但現貨 ETF 的持續下跌趨勢表明 BTC 可能進一步回調至 60,000 美元以下，並增加了大盤的拋售壓力。

Cryptocurrency Markets Experience Correction Amidst Spot ETF Sell-Off

加密貨幣市場在現貨 ETF 拋售中經歷調整

The digital asset landscape has faced a significant correction in recent days, triggered by a notable outflow from Spot Bitcoin ETFs. This selling pressure has resulted in a weekly loss of 5% and 8% for Bitcoin (BTC) and Ethereum (ETH), respectively.

最近幾天，由於現貨比特幣 ETF 的大量資金流出，數位資產格局面臨重大調整。這種拋售壓力導致比特幣 (BTC) 和以太幣 (ETH) 每週分別下跌 5% 和 8%。

Spot ETF Sell-Off Exacerbates Correction

現貨 ETF 拋售加劇回調

The outflow of over $888 million from 10 Spot BTC ETFs has exacerbated the downward trend in the crypto markets. This selling pressure has created a bearish sentiment, leading to a correction in the prices of major assets.

10檔現貨BTC ETF流出超過8.88億美元，加劇了加密貨幣市場的下跌趨勢。這種拋售壓力造成了看跌情緒，導致主要資產價格回調。

Major Assets Experience Sideways Momentum

主要資產橫盤動能

Over the weekend, the supply pressure eased, resulting in uncertain sideways action in the majority of major assets. While this temporary respite has halted the decline, the underlying correction remains a major concern for investors.

週末供應壓力緩解，導致大部分主要資產出現不確定的橫盤走勢。雖然這種暫時的喘息阻止了下跌，但潛在的調整仍然是投資者的主要擔憂。

Bitcoin Price Vulnerable to Further Decline

比特幣價格可能進一步下跌

Should the upcoming week witness a continuation of the downward trend observed in spot ETFs, the BTC price could extend its correction below $60,000. This would intensify selling pressure throughout the market, potentially leading to further losses.

如果未來一周現貨 ETF 繼續下跌趨勢，那麼 BTC 價格可能會繼續調整至 60,000 美元以下。這將加劇整個市場的拋售壓力，並可能導致進一步的損失。

Bitcoin Technical Analysis

比特幣技術分析

The ongoing correction in Bitcoin has seen the price drop from $73,808 to $65,067 within two weeks. This 11.8% pullback is currently finding support at the 38.2% Fibonacci retracement level, indicating a potential retracement phase for the asset.

比特幣的持續調整導致價格在兩週內從 73,808 美元跌至 65,067 美元。 11.8% 的回檔目前在 38.2% 斐波那契回檔位找到支撐，顯示該資產可能進入回檔階段。

Renewed buying interest in BTC ETFs could provide the necessary catalyst for a recovery in the market. A bullish breakout from the overhead trendline would bolster support for a rally to $69,000, followed by $73,800.

對 BTC ETF 的重新購買興趣可能為市場復甦提供必要的催化劑。從上方趨勢線的看漲突破將支撐反彈至 69,000 美元，隨後是 73,800 美元。

Dogecoin and Toncoin Display Relative Strength

狗狗幣和 Toncoin 顯示相對強度

Despite the overall market correction, Dogecoin (DOGE) and Toncoin (TON) have shown relative strength. DOGE is currently trading at $0.17, experiencing an intraday gain of 6.5% over the last 24 hours. Technical analysis suggests a potential breakout from a pennant pattern formation, which could lead to further gains.

儘管整體市場調整，狗狗幣 (DOGE) 和 Toncoin (TON) 仍表現出相對強勢。 DOGE 目前的交易價格為 0.17 美元，過去 24 小時內盤漲幅為 6.5%。技術分析表明，可能會突破三角旗形態，這可能會導致進一步上漲。

TON, on the other hand, has rallied from $3.3 to $4.8 this week, registering a 45.8% growth. This recovery has propelled TON into the top 10 cryptocurrencies by market capitalization. The altcoin is currently facing overhead supply at $5.14, but a breakout could pave the way for further gains.

另一方面，TON 本週從 3.3 美元上漲至 4.8 美元，成長了 45.8%。這種復甦使 TON 躋身市值前 10 名的加密貨幣之列。該山寨幣目前面臨 5.14 美元的供應過剩，但突破可能為進一步上漲鋪平道路。

Conclusion

結論

The cryptocurrency markets are currently in a bearish trend, led by a correction in Bitcoin triggered by the Spot ETF sell-off. While the downward momentum has temporarily halted, the potential for further decline remains high. Investors should exercise caution and consider the risks involved before making any investment decisions.

加密貨幣市場目前處於看跌趨勢，由現貨 ETF 拋售引發的比特幣回調帶動。雖然下跌勢頭暫時停止，但進一步下跌的可能性仍然很高。投資者在做出任何投資決定之前應謹慎行事並考慮所涉及的風險。