DeepSeek通過AI模型推出，破壞了比特幣和加密市場

中國初創公司DeepSeek推出了最新的AI模型，與美國領先的大型語言模型競爭，成本的一小部分

DeepSeek, a Chinese startup, has launched its latest AI model, which is disrupting the U.S. market for Large Language Models (LLMs) and impacting Bitcoin (BTC), crypto and the AI agent economy. The arrival of DeepSeek in the U.S. has led to a strong sell-off in AI agent tokens, while Bitcoin price remained largely unphased by the event.

中國初創公司DeepSeek啟動了其最新的AI模型，該模型正在破壞美國大型語言模型（LLM）和影響比特幣（BTC），加密貨幣和AI代理商經濟的市場。 DeepSeek在美國的到來導致了AI代理令牌的強烈拋售，而比特幣的價格在很大程度上仍未得到該活動。

According to Crypto.news analysis, DeepSeek’s latest AI model is priced at 14 cents per million tokens, significantly lower than the $15 per million tokens charged by GPT-4. This vast price disparity has sparked concern among U.S.-based crypto traders about a potential market correction.

根據Crypto.news分析，DeepSeek的最新AI型號的價格為每百萬個令牌14美分，大大低於GPT-4收取的每百萬個代幣15美元。這種巨大的價格差異引起了美國加密貨幣交易者對潛在市場糾正的關注。

The launch of DeepSeek comes at a crucial time as U.S. equities and tech stocks are experiencing a downturn. This event is putting pressure on crypto traders to identify the next market mover, especially in the absence of major U.S. crypto exchange launches.

DeepSeek的推出在一個至關重要的時刻，因為美國股票和技術股票正在經歷低迷。該活動正對加密貨幣交易者施加壓力，以確定下一個市場推動者，尤其是在沒有美國加密貨幣交易所推出的情況下。

Meanwhile, derivatives data is revealing a knee-jerk response from crypto traders to China’s AI future.

同時，衍生品數據揭示了加密貨幣交易者對中國AI未來的膝蓋反應。

Bitcoin futures premiums on CME turned negative for the first time since August 2023, indicating a shift in sentiment. Open interest (OI) in BTC declined sharply, with the largest daily decrease.

自2023年8月以來，CME的比特幣期貨溢價首次變成負面影響，表明情緒發生了變化。 BTC的開放興趣（OI）急劇下降，每日下降最大。

Analysts at K33 Research estimate that the decline in OI was driven by active market participants reducing their exposure by 14,875 BTC tokens. Data suggests that expiring January contracts on Friday could push OI lower.

K33研究的分析師估計，OI的下降是由活躍的市場參與者驅動的，將其暴露量減少了14,875 BTC令牌。數據表明，在周五到期的一月合同可能會降低。

Although premiums recovered to slightly positive territory, CME activity indicates bearish sentiment among derivatives traders, favoring caution this week.

儘管保費回收到略有積極的領土，但CME活動表明衍生品交易者的看跌感情，有利於本周謹慎。

Bitcoin’s Monday decline could be considered noise on the longer timeframe, but the aggressive derisking on CME fuels a narrative of caution among traders as BTC premium slipped into the negative territory for the first time.

比特幣的周一下降可能會在更長的時間範圍內被視為噪音，但是當BTC溢價首次滑入負面領土時，CME的激進貶低引起了交易者謹慎的敘述。

On-chain data from Santiment shows that Bitcoin traders de-risked promptly, with over $1 billion in profits realized on BTC holdings on Monday. The total OI in Bitcoin has recovered since then, and the total funding rate aggregated by asset is back in positive territory, as seen in the chart below.

來自Santiment的鍊鍊數據表明，比特幣交易員迅速迅速發病，週一在BTC Holdings上實現了超過10億美元的利潤。自那時以來，比特幣中的總OI恢復了，資產匯總的總資金率又回到了正區域，如下圖所示。

Bitcoin suffers from a strong correlation to U.S. equities

比特幣與美國股票有很強的相關性

Bitcoin and U.S. equities have enjoyed a relatively strong correlation in the current quarter, and this remains one of the most reliable market dynamics for traders in Q1 2025. Bitfinex analysts identified the 30-day rolling Pearson correlation between Bitcoin, the S&P 500, and the NASDAQ as 0.7.

比特幣和美國股票在本季度享有相對較強的相關性，這仍然是第1季度2025年交易者最可靠的市場動態之一。Bitfinex分析師確定了比特幣，標準普爾500和比特幣之間的30天滾動皮爾森相關性。納斯達克為0.7。

The numbers are coincidental but likely an indicator of traders treating BTC as a risk-on asset, moving in lockstep with traditional equities. Over the course of last week, Bitcoin options implied volatility reduced by 13%. It can be interpreted as traders expecting no major movements in BTC price this week.

這些數字是偶然的，但可能是交易者將BTC視為風險的資產的指標，與傳統股票鎖定。在上週的整個過程中，比特幣選項暗示波動率降低了13％。可以將其解釋為交易者期望本週BTC價格沒有重大變動。

Bitcoin traders keep their eyes peeled for the U.S. Federal Reserve’s interest rate decision this week. Considering the impact of the previous FOMC meeting, the sentiment has shifted towards derisking ahead of the announcement, traders can gear for a decline in BTC price prior to the announcement.

比特幣交易者在本週為美國美聯儲的利率決策而睜大眼睛。考慮到上一次FOMC會議的影響，這種情緒在宣布之前已轉向貶低，交易者可以在宣布之前的BTC價格下降。

Bitcoin price has noted heightened volatility within the first 20-30 minutes post U.S. macro releases since the beginning of the bull run in 2024.

比特幣的價格已經指出，自2024年公牛奔跑以來，美國宏發行後的前20-30分鐘，比特幣的價格提高了波動率。

DeepSeek’s launch impacted NVIDIA negatively, and BTC was not immune to the event. DeepSeek therefore eclipsed the “Trump effect” on Bitcoin, even as traders await updates on the national Bitcoin stockpile and strategic reserve, events in tech and AI continue to jolt BTC and altcoins, alongside equities.

DeepSeek的發布對NVIDIA產生了負面影響，而BTC並不能免疫該活動。因此，DeepSeek將對比特幣的“特朗普效應”黯然失色，即使交易者在等待國家比特幣庫存和戰略儲備的更新，技術和AI的活動繼續震驚BTC和Altcoins，以及股票。

Top 5 altcoins to watch during the shifting AI and tech tide

在轉移AI和技術潮流期間要觀看的前5個Altcoins

Data from SoSoValue, an AI-powered crypto investment platform, shows that the DeFAI and AI agents category has corrected the most in response to DeepSeek’s arrival in the U.S. market.

來自AI驅動的加密投資平台Sosovalue的數據表明，DEFAI和AI代理類別對DeepSeek到達美國市場的響應最多。

The DeFAI sector’s market cap corrected 28.73% in 24 hours. The top four tokens in the sector suffered double-digit corrections, over 20%. Among DeFAI tokens, Griffain (GRIFFAIN), Orbit (GRIFT), Hive AI (BUZZ) and Neur.sh (NEUR) noted steep corrections on Monday; the tokens have started their recovery in the past 24 hours.

Defai部門的市值在24小時內糾正了28.73％。該行業的前四個令牌遭受了兩位數的校正，超過20％。在defai代幣，格里芬（格里芬），軌道（grift），蜂巢AI（嗡嗡聲）和Neur.sh（Neur）（Neur）中，週一指出了陡峭的校正；在過去的24小時內，令牌已經開始恢復。

In the AI agents category, leading projects such as Fartcoin and mainstream AI tokens, ai16z, AIXBT, and AI Rig Complex were corrected in double-digits.

在AI代理類別中，用兩位數糾正了Fartcoin和主流AI令牌，AI16Z，AIXBT和AI RIG綜合體等領先的項目。

The meme coin sector was not immune to DeepSeek’s release and suffered over 8% decline in its market capitalization within a 24 hour timeframe. Pepe (PEPE) observed the steepest correction in the top meme coins, down by 11.33% on Monday, offering sidelined buyers an opportunity to buy the dip.

模因硬幣行業不能免疫DeepSeek的釋放，在24小時內的市值下降了8％以上。 Pepe（Pepe）觀察到頂部模因硬幣的最陡峭校正，週一下降了11.33％，為少數買家提供了購買蘸醬的機會。

Layer 1 tokens suffered the least among other categories,

第1層令牌在其他類別中遭受的影響最少，