選舉炒作隨著加密貨幣貿易較低而淡出

最近的一項分析表明，加密交易所二元公司的加密貨幣中有70％的交易現在低於其前選舉價格。

A recent analysis has shown that 70% of cryptocurrencies on the crypto exchange Binance are now trading below their pre-US election prices.

最近的分析表明，加密交易所二手貨幣的70％的加密貨幣現在正在低於其前選舉價格的交易。

This finding contrasts with the broader market sentiment, which has been largely bullish in recent months. The disparity signifies a disconnect between perceived momentum and actual price performance, raising questions about the true state of the crypto market.

這一發現與更廣泛的市場情緒形成鮮明對比，這在近幾個月來基本上是看好的。差異表示感知到的動量與實際價格績效之間的脫節，從而提出了有關加密市場的真實狀態的問題。

Election Hype Fades as Cryptocurrencies Trade Lower

選舉炒作隨著加密貨幣貿易較低而淡出

In an X post, analyst ltrd examined price movements of cryptocurrencies before and after the elections, offering a clearer picture of actual market performance.

在X帖子中，分析師LTRD檢查了選舉之前和之後的加密貨幣的價格變動，從而更清楚地了解了實際市場績效。

“Nearly 70% of coins are now trading lower than they were before the elections!” the post read.

“現在將近70％的硬幣的交易低於選舉之前的交易！”帖子閱讀。

While some coins surged significantly, the majority have struggled to maintain their value. The analyst outlined Hedera (HBAR), XRP (XRP), Mantra (OM), Stellar (XLM), and VeThor (VTHO) as the top-performing assets.

儘管有些硬幣大幅飆升，但大多數硬幣一直在努力維持其價值。分析師概述了HEDERA（HBAR），XRP（XRP），Mantra（OM），Stellar（XLM）和Vethor（VTHO）是表現最佳的資產。

In contrast, some assets experienced sharp declines. This list included Nerio (NEIRO) and THORChain (RUNE), BOOK OF MEME (BOME), ConstitutionDAO (PEOPLE), and dogwifhat (WIF).

相比之下，一些資產的急劇下降。該列表包括Nerio（Neiro）和Thorchain（符文），Meme（Bome），Constitutiondao（People）和Dogwifhat（Wif）。

One of the most interesting revelations from the analyst’s data was the timing of market peaks.

分析師數據中最有趣的啟示之一是市場峰的時機。

“It turns out the crucial period for traders was between December 3rd and December 9th—almost 80% of coins hit their peak during this short window,” he examined.

他檢查說：“事實證明，交易者的關鍵時期是在12月3日至12月9日之間，幾乎80％的硬幣在這個短窗口達到了高峰。”

According to the analyst, this narrow window suggested that the market is highly correlated, with most tokens reaching their peak within a short timeframe. Furthermore, he also emphasized the importance of timing in trading, as market opportunities can vanish within days.

根據分析師的說法，這個狹窄的窗口建議市場高度相關，大多數令牌在短時間內達到了頂峰。此外，他還強調了交易時機的重要性，因為市場機會在幾天之內就會消失。

TRUMP Coin Frenzy Drains Liquidity

特朗普硬幣瘋狂耗盡流動性

Meanwhile, many investors had expected that Donald Trump’s election victory would trigger a new bull run for cryptocurrencies. However, rather than boosting the market, the Official Trump (TRUMP) meme coin frenzy drained liquidity, leaving traders surprised.

同時，許多投資者期望唐納德·特朗普（Donald Trump）的選舉勝利將引發加密貨幣的新公牛。但是，特朗普（Trump）官方的模因硬幣瘋狂的流動性並沒有提高市場，而是使交易者感到驚訝。

Crypto analyst Otto Suwen likened the current conditions to the 2022-2023 bear market.

加密分析師Otto Suwen將當前狀況比作2022-2023熊市。

Suwen explained that many altcoins experienced a strong rally following Trump’s election victory. Yet, the momentum faded quickly.

Suwen解釋說，在特朗普大選勝利之後，許多Altcoins經歷了強烈的集會。然而，動力很快消失了。

Traders initially viewed the pullback as a natural retrace. Moreover, by early 2025, expectations were high for a seasonal surge, with retail traders rotating between different meme coin trends. However, the launch of the TRUMP token significantly impacted on-chain liquidity.

交易者最初將回調視為自然回顧。此外，到2025年初，人們對季節性激增的期望很高，零售商人在不同的模因硬幣趨勢之間旋轉。但是，特朗普代幣的推出極大地影響了鏈上的流動性。

Traders anticipated that profits from TRUMP would be reinvested into other assets. Nonetheless, the subsequent launch of the Melania Meme (MELANIA) token created further chaos.

交易者預計，特朗普的利潤將被重新投資到其他資產中。儘管如此，隨後的Melania Meme（Melania）代幣的推出造成了進一步的混亂。

“Alts are massacred across the board. This isn’t your traditional 50% retrace either. It’s -90% on so many popular picks. Volume is looking bleak as well. We went from alt season being imminent to down only with a flip of a switch,” Suwen described.

“ Alts全面屠殺。這也不是您傳統的50％回顧。這麼多受歡迎的選擇在-90％。音量看起來也很黯淡。我們從Alt季節開始到迫在眉睫，只有一盤開關。” Suwen說。

He added that Bitcoin (BTC) has yet to experience a major correction, raising concerns about additional volatility.

他補充說，比特幣（BTC）尚未經歷重大更正，引起了人們對額外波動的擔憂。

“While I don’t think we have topped yet, this has been the hardest cycle I’ve experienced in 8 years,” he concluded.

他總結說：“雖然我認為我們還沒有達到最佳狀態，但這是我8年來最艱難的周期。”

This sentiment aligns with other analysts’ concerns.

這種情緒與其他分析師的擔憂保持一致。

“We wanted Trump to Pump the market for us and be a Crypto legend. Instead he and his wife launched shitcoin, Dumped on all of Crypto investors, now imposed Tarrif on imports and Dumping the market further,” one user wrote on X.

“我們希望特朗普能為我們傾斜市場，並成為加密傳奇。取而代之的是，他和他的妻子推出了Shitcoin，拋棄了所有加密投資者，現在將Tarrif施加了進口並進一步拋棄市場。”一位用戶在X上寫道。

President Trump recently announced a 25% tariff on imports from Mexico and Canada and a 10% tariff on goods from China. The immediate market reaction was severe.

特朗普總統最近宣布對墨西哥和加拿大進口的25％關稅，並對中國的商品關稅10％。直接的市場反應很嚴重。

The total market capitalization lost approximately $300 billion in value overnight. However, the president later decided to delay some of these measures.

一夜之間，總市值損失了約3000億美元的價值。但是，總統後來決定推遲其中一些措施。

The combination of aggressive trade policies and volatility in the cryptocurrency market has left investors on edge, fueling concerns about the sustainability of the current bull cycle.

加密貨幣市場中積極進取的貿易政策和波動性的結合使投資者處於邊緣狀態，這引起了人們對當前牛週期可持續性的擔憂。