加密貨幣市場的動蕩之旅：波動，恢復和不確定性

全球加密貨幣市場最近發生了重大波動，特別是在美國總統唐納德·特朗普宣布關稅之後

The global cryptocurrency market experienced significant volatility on February 3, 2025, following the announcement of tariffs by U.S. President Donald Trump. The tariffs, which included a 25% levy on goods imported from Canada and Mexico and an additional 10% tariff on Canadian energy and oil products, sparked fears of a trade war and caused the total market capitalization of cryptocurrencies to drop as much as 11.9%, plunging to approximately 3.16 trillion USD.

在美國總統唐納德·特朗普（Donald Trump）宣布關稅之後，全球加密貨幣市場於2025年2月3日經歷了顯著波動。關稅包括從加拿大和墨西哥進口的商品徵收25％的徵收，以及對加拿大能源和石油產品的另外10％的關稅引發了人們對貿易戰的擔憂，並導致加密貨幣的總市值下降了11.9％。 ，跌至約3.16萬億美元。

However, another development hours later brought optimism to the market. Following discussions with Mexican President Claudia Sheinbaum, Trump announced the postponement of these tariffs for one month. Sheinbaum pledged the deployment of 10,000 Mexican soldiers at the border to curtail fentanyl smuggling and unauthorized immigration, aiming to bolster bilateral cooperation. This was complemented by Canadian Prime Minister Justin Trudeau's confirmation of Canada’s partnership with the U.S. on border technology and personnel, aimed at stopping weapon smuggling.

但是，幾個小時後的另一個發展使市場變得樂觀。在與墨西哥總統克勞迪婭·辛巴姆（Claudia Sheinbaum）進行了討論之後，特朗普宣布將這些關稅推遲了一個月。 Sheinbaum承諾在邊境部署10,000名墨西哥士兵，以減少芬太尼走私和未經授權的移民，旨在加強雙邊合作。加拿大總理賈斯汀·特魯多（Justin Trudeau）確認了加拿大與美國在邊境技術和人員的合作夥伴關係的補充，旨在阻止武器走私。

This sudden halting of tariffs played favorably for the crypto market. Bitcoin, which had hit lows of around 92,000 USD on February 3, surged back, surpassing 100,000 USD within 24 hours after Trump’s announcement. With Bitcoin trading around 101,000 USD, it experienced over 6.3% growth. Ethereum (ETH) also saw impressive growth, rebounding from dips of 2,368 USD to approximately 2,800 USD, representing gains of 14.5%. Experts noted the positive reactions to market sentiment, particularly after Eric Trump tweeted about Ethereum being a prime investment opportunity, though skepticism surrounded the motivations behind the tweet amid allegations concerning family investments.

這次關稅的突然停止對加密貨幣市場有利。比特幣在2月3日達到了約92,000美元的低點，在特朗普宣布消息後的24小時內飆升，超過了100,000美元。隨著比特幣的交易約為101,000美元，它的增長超過6.3％。以太坊（ETH）也看到了令人印象深刻的增長，從2,368美元的下降到約2,800美元，佔14.5％的增長。專家指出，對市場情緒的積極反應，尤其是在埃里克·特朗普（Eric Trump）在推特上發布了以太坊是主要投資機會的推文之後，儘管懷疑論圍繞著有關家庭投資的指控的推文背後的動機。

Other notable cryptocurrencies, such as Solana (SOL), reported impressive recoveries as well, jumping by 12.6% to approximately 216 USD. Particularly remarkable were the tokens SUI and XRP, which skyrocketed 38% and 36%, respectively. SUI was last traded at 3.61 USD, whereas XRP reached 2.75 USD. The broad-based recovery, particularly among major coins, was likely seen as reassurance returning to the market. New, smaller tokens also demonstrated resilience, with some even managing impressive growth against the odds.

其他值得注意的加密貨幣（例如Solana（Sol））也報告了令人印象深刻的回收率，增長了12.6％，至約216美元。令牌SUI和XRP特別引人注目，分別飆升了38％和36％。 SUI上次以3.61美元的價格交易，而XRP達到2.75美元。基於廣泛的複蘇，尤其是在主要硬幣中，很可能被視為放心返回市場。新的，較小的代幣也表現出韌性，有些甚至可以控制賠率令人印象深刻的增長。

Following the selloff on February 3, the liquidation figures recorded were staggering, reported by CoinGlass as more than 2.3 billion USD, one of the largest liquidation events observed within the crypto market’s history. CEO Ben Zhou of the cryptocurrency exchange Bybit estimated the actual figure could be 4 to 5 times higher, stretching to nearly 8-10 billion USD. This came as he identified data limitations from exchanges as possibly suppressing total reported liquidated amounts. Numerous analysts highlighted how the recent event surpassed previous downturns like the COVID-19 liquidations and the infamous FTX collapse.

在2月3日拋售之後，記錄的清算數字令人驚嘆，Coinglass報導了超過23億美元，這是加密貨幣市場歷史上觀察到的最大清算事件之一。加密貨幣交易所Bybit的首席執行官Ben Zhou估計，實際數字可能高4至5倍，延伸到近8-100億美元。這是因為他確定了交換的數據限制，因為它可能抑制了總報告的銷售金額。眾多分析師強調了最近的事件如何超過以前的低迷，例如Covid-19清算和臭名昭著的FTX崩潰。

Interestingly, the magnitude of the recent liquidation prompted discussions among crypto enthusiasts about the robustness of current market assumptions. Historical analysis by industry experts referred back to the 9 billion USD liquidated during the May 2021 flash crash, compared to the intense 2025 figures, stressing how the market conditions and additional metrics like DeFi protocols contributed to the overall narrative.

有趣的是，最近清算的幅度促使加密愛好者之間討論了當前市場假設的穩健性。與2025年5月的2025年數字相比，行業專家的歷史分析回到了在2021年5月閃存崩潰期間清算的90億美元，這強調了市場條件和其他指標（例如Defi協議）如何促進整體敘述。

Despite the volatility, certain tokens and projects maintained their viability. For example, the DeXe token (DEXE) distinctively rallied, registering 4% growth within 24 hours and showing substantial support amid the backdrop of broader downward trends. It traded around 22.67 USD, marking its highest point since December 2021, ostensibly driven by stable demand.

儘管有波動性，但某些令牌和項目仍保持生存能力。例如，Dexe代幣（Dexe）鮮明地集結，在24小時內註冊了4％的增長，並在更廣泛的向下趨勢背景下顯示出大量支持。它的交易量約為22.67美元，標誌著自2021年12月以來的最高點，表面上是由穩定需求驅動的。

The sentiment was decidedly cautious among investors as they navigated this atmosphere of uncertainty. Speculation surrounded the timeliness of Trump's tariff-decision delay, which provided only temporary relief, as analysts expressed concerns over impending, long-standing challenges, particularly among various global trading partners, including the EU and Asian economies.

這種情緒在投資者中逐漸謹慎，因為他們在這種不確定性的氛圍中導致了這種情緒。猜測圍繞著特朗普的關稅延誤的及時性，這僅提供了暫時的緩解，因為分析師對即將到來的長期以來的挑戰表示擔憂，尤其是在包括歐盟和亞洲經濟體在內的各種全球貿易夥伴中。

The tremors felt across the cryptocurrency market serve as both cautionary tales and opportunities, with experts emphasizing the need for strategic thinking. They advise potential investors against following market trends too closely without thorough due diligence, underscoring the inherently risky nature of trading cryptocurrencies—especially tokens subject to sudden shifts based on external market pressures.

整個加密貨幣市場的震顫既是警告性的故事和機遇，專家都強調了戰略思維的需求。他們建議潛在的投資者不要過分地緊密地關注市場趨勢，而沒有進行全面的盡職調查，強調了交易加密貨幣的固有風險性質，尤其是基於外部市場壓力的突然轉移的代幣。

With the current backdrop of intensified activity surrounding cryptocurrency trades, liquidity events, and shifting international policies, the focus now turns to how these factors will play out as the month of tariff postponement progresses and whether the bullish trends will hold or reverse once impending fiscal measures take formal effect.

隨著當前圍繞加密貨幣交易，流動性事件和轉移國際政策的活動的不斷增長的背景，現在的重點轉向了隨著關稅後期的進展以及看漲趨勢是否會持續或反向一旦肯定會採取的財政措施，這些因素將如何發揮作用採取正式效果。