動盪中的加密貨幣市場：四月的血腥和前進的道路

加密貨幣市場在四月暴跌，其中比特幣領跌。 BNB 比其他貨幣堅挺，目前在 550 美元至 650 美元之間盤整。 Memecoin PEPE 在飆升後進行修正，目前預計將突破 0.000008 美元上方。

Cryptocurrency Markets in Turmoil: April's Bloodbath and the Road Ahead

動盪的加密貨幣市場：四月的血戰與未來的道路

The cryptocurrency market has endured a turbulent April, with widespread losses across the board. The total market capitalization has plummeted by over 20%, erasing the gains accumulated in March. Bitcoin, the industry behemoth, has led the downturn, shedding close to 15% of its value during the month.

加密貨幣市場經歷了動盪的四月，全線普遍下跌。總市值暴跌超過20%，抹去了3月累積的漲幅。比特幣作為行業巨頭，引領了這場低迷，本月其價值縮水了近 15%。

Amidst the turmoil, some digital assets have exhibited resilience, while others have succumbed to the selling pressure. Ethereum, the second-largest cryptocurrency by market cap, has suffered steeper losses than Bitcoin, declining by 20% in April. The meme coin market has also experienced mixed fortunes, with notable fluctuations in the value of popular tokens like PEPE.

在動盪中，一些數位資產表現出了韌性，而另一些則屈服於拋售壓力。以太坊是市值第二大的加密貨幣，其損失比比特幣更大，4 月下跌了 20%。 Meme 幣市場也經歷了好壞參半，PEPE 等熱門代幣的價值出現了顯著波動。

Ethereum: Key Support Level in Focus

以太坊：焦點關鍵支撐位

Ethereum's recovery attempt in the latter half of April proved short-lived as selling pressure intensified across the market. The cryptocurrency has relinquished its previous gains, bringing the critical $2,900 support level back into focus. Unable to hold above the $3,150 resistance, Ethereum has retested the Fib 0.618 ideal correction value.

由於市場拋售壓力加劇，以太坊在 4 月下旬的復甦嘗試被證明是短暫的。該加密貨幣已經回吐了先前的漲幅，使 2,900 美元的關鍵支撐位重新成為焦點。由於無法守住 3,150 美元阻力位，以太坊重新測試了 Fib 0.618 理想修正值。

Ethereum's reaction to Fibonacci levels, based on the 2024 uptrend, highlights the ongoing risk of a decline to $2,600, which aligns with the Fib 0.786 level. A clear daily candle formation below $2,900 could trigger such a decline.

基於 2024 年的上漲趨勢，以太坊對斐波那契水準的反應凸顯了跌至 2,600 美元的持續風險，該水準與斐波那契 0.786 水準一致。日線蠟燭形態低於 2,900 美元可能會引發這樣的下跌。

However, if the $2,900 support holds, Ethereum could potentially revisit the $3,150 resistance. This level coincides with the intersection of fast and slow EMA values, suggesting a potential area of strong resistance. The falling trend line also aligns with this zone, emphasizing the need for a bullish breakout to reverse the current trend.

然而，如果 2,900 美元的支撐位保持不變，以太坊可能會重新觸及 3,150 美元的阻力位。此水準與快速 EMA 值和慢速 EMA 值的交點一致，顯示存在潛在的強阻力區域。下降趨勢線也與該區域一致，強調需要看漲突破來扭轉當前趨勢。

Positive news flow, particularly regarding potential ETF developments in May, could provide the necessary catalyst for Ethereum to break through resistance points and target the $3,600 - $3,800 range. Conversely, key technical indicators maintain a bearish bias, suggesting that selling pressure could intensify if Ethereum falls below $2,900.

積極的消息流，特別是關於 5 月潛在 ETF 開發的消息，可能為以太坊突破阻力點並瞄準 3,600 - 3,800 美元區間提供必要的催化劑。相反，關鍵技術指標保持看跌傾向，表明如果以太坊跌破 2,900 美元，拋售壓力可能會加劇。

Binance Coin: Consolidation Phase Nearing Conclusion

幣安幣：整合階段即將結束

Binance Coin (BNB) has shown relative strength compared to the broader market, exhibiting a decline of only 8% since April. This resilience can be attributed, in part, to the use of BNB as collateral in token offerings on the Binance Launchpool platform.

與大盤相比，幣安幣 (BNB) 表現出相對強勢，自 4 月以來僅下跌 8%。這種彈性在一定程度上可以歸因於幣安 Launchpool 平台上使用 BNB 作為代幣發行的抵押品。

BNB is currently consolidating between $550 (corresponding to the 0.768 Fibonacci retracement level) and the 2021 peak of $650. While there have been brief dips below $550 support since March, there haven't been any weekly closes below this level. This has helped BNB maintain its overall bullish trend, further supported by the 8-week exponential moving average.

BNB 目前在 550 美元（對應於 0.768 斐波那契回檔位）和 2021 年高峰 650 美元之間盤整。儘管自 3 月以來曾短暫跌破 550 美元支撐位，但每週收盤價均未低於該水準。這有助於BNB維持整體看漲趨勢，並獲得8週指數移動平均線的進一步支撐。

A weekly close below $550 could trigger a correction toward the $480 zone in the short term. On the upside, an intermediate resistance level exists around $605. If buying pressure pushes BNB to a weekly close above $605, it could potentially lead to a surge towards $770 after surpassing the previous peak of $650.

週收盤價低於 550 美元可能會在短期內觸發向 480 美元區域的修正。上檔方面，中間阻力位位於 605 美元附近。如果買盤壓力推動 BNB 每週收盤價高於 605 美元，則可能會導致 BNB 在突破之前的峰值 650 美元後飆升至 770 美元。

PEPE: Support Levels to Watch for Rebound

PEPE：觀察反彈的支撐位

PEPE/USD entered a correction phase starting from the second half of March, following a rapid increase in February and March. The cryptocurrency found support at an average price of $0.00000492, suggesting a healthy correction aligned with the Fibonacci retracement level of 0.618.

PEPE/美元繼2月、3月快速上漲後，從3月下旬開始進入回檔階段。該加密貨幣在平均價格 0.00000492 美元處找到支撐，顯示與斐波那契回檔位 0.618 一致的健康修正。

In April, PEPE attempted to break the short-term downtrend line while finding support around the $0.000007 zone. Ideally, a move above $0.000008 would signal an exit from the correction phase. Daily closes above $0.00000830 within this zone could lead to further recovery towards the $0.00001 - $0.000011 range.

4 月份，PEPE 試圖突破短期下降趨勢線，同時在 0.000007 美元區域附近找到支撐。理想情況下，突破 0.000008 美元將標誌著退出修正階段。每日收盤價在該區域內高於 0.00000830 美元可能會導致進一步反彈至 0.00001 - 0.000011 美元區間。

Conversely, daily closes below $0.000006 could trigger a decline to the $0.00000560 support level. Weekly closes below this level raise the possibility of a more significant drop.

相反，每日收盤價低於 0.000006 美元可能會引發跌至 0.00000560 美元支撐位。每週收盤價低於該水平可能會導致更大幅度的下跌。

Conclusion: Navigating the Crypto Market's Volatility

結論：應對加密貨幣市場的波動

The recent market downturn highlights the volatility inherent in the cryptocurrency market. While some digital assets have exhibited resilience, investors should be prepared for further fluctuations in the months ahead. Careful technical analysis, coupled with a thorough understanding of market dynamics, is crucial for navigating this challenging environment. Long-term investors should consider dollar-cost averaging their purchases to mitigate the impact of market swings.

最近的市場低迷凸顯了加密貨幣市場固有的波動性。儘管一些數位資產表現出彈性，但投資者應該為未來幾個月的進一步波動做好準備。仔細的技術分析，加上對市場動態的透徹了解，對於應對這一充滿挑戰的環境至關重要。長期投資者應考慮平均購買成本，以減輕市場波動的影響。