馬修·海蘭德（Matthew Hyland）在關稅引起的衰退後，對加密貨幣市場恢復持謹慎的看法

加密貨幣市場在當時的美國總統唐納德·特朗普（Donald Trump）對加拿大的中國征收新的關稅後，經歷了重大的衰退

Cryptocurrency markets took a hit following the announcement of new tariffs on China, Canada, and Mexico by then-US President Donald Trump. This volatility affected both Bitcoin (BTC) and altcoins, with BTC dropping to $91,000 and altcoins, such as Ethereum (ETH), Dogecoin (DOGE), and XRP, experiencing even steeper declines. This market correction sparked concern among investors over the potential for recovery.

加密貨幣市場在當時的美國總統唐納德·特朗普（Donald Trump）宣布對中國，加拿大和墨西哥宣布新的關稅後，受到了打擊。這種波動率影響了比特幣（BTC）和AltCoins，BTC降至91,000美元，而Altcoins（例如以太坊（ETH），Dogecoin（Doge）和XRP）的下降甚至更高。這種市場更正引發了投資者對恢復潛力的關注。

Crypto analyst Matthew Hyland shared his perspective on the situation, suggesting a more measured outlook for altcoin recovery. In a post on X (formerly Twitter), Hyland proposed that a return to the December highs for altcoins might not occur until April or even later. He attributed this slower projected recovery, in part, to the announcement of Trump’s tariffs.

加密分析師馬修·海蘭德（Matthew Hyland）分享了他對這種情況的看法，這表明對替代幣恢復的前景更為衡量。 Hyland在X（以前是Twitter）的帖子中提出，直到4月甚至更高版本，可能才能返回到12月的高點。他將這種較慢的預計恢復歸因於特朗普的關稅。

Drawing parallels to previous market downturns in 2020 and 2022, Hyland highlighted that rapid, V-shaped recoveries are uncommon. He urged investors to temper their expectations, considering that the recovery process could be gradual, potentially spanning over months. Hyland cautioned against expecting a quick market turnaround, as such optimism could lead to further sell-offs, ultimately worsening and prolonging the recovery period.

海蘭德（Hyland）在2020年和2022年與以前的市場低迷相似，強調了快速的V形回收率並不常見。考慮到恢復過程可能會逐漸跨越幾個月，他敦促投資者緩和他們的期望。 Hyland cautioned against expecting a quick market turnaround, as such optimism could lead to further sell-offs, ultimately worsening and prolonging the recovery period.

Hyland's analysis placed the recent market downturn within a broader historical context. He highlighted significant events, such as the largest liquidation event in cryptocurrency history on February 3, 2025, which could indicate a potential bottom. However, he noted that, based on market downturns in 2020 and 2022, full recoveries spanned over two months. This historical perspective informed his cautious outlook, emphasizing the need for patience and realistic expectations. He highlighted that achieving the previous December highs for altcoins would likely take a considerable amount of time, urging investors to prepare for a prolonged recovery period.

Hyland的分析使最近的市場衰退處於更廣泛的歷史背景下。他強調了重大事件，例如2025年2月3日的加密貨幣歷史上最大的清算事件，這可能表明潛在的底部。但是，他指出，基於2020年和2022年的市場低迷，全面恢復了兩個月。這種歷史的觀點使他的謹慎觀點介紹了他對耐心和現實期望的必要性。他強調，達到替代幣的前12月高點可能需要大量時間，敦促投資者為延長的恢復期做準備。

The analyst further elaborated on the reasons for his cautious projection. He explained that the psychological impact of unrealistically high expectations could lead to early sell-offs by investors who become anxious when the market fails to rebound quickly. This selling pressure could create a negative feedback loop, further delaying the recovery. He compared the current situation to previous market crashes triggered by events like the COVID-19 pandemic, the collapse of the Terra Luna stablecoin, and the bankruptcy of the FTX exchange, each of which resulted in recoveries that spanned over months.

分析師進一步闡述了他謹慎投射的原因。他解釋說，不切實際的高期望的心理影響可能會導致在市場未能迅速反彈時變得焦慮的投資者的早期拋售。這種銷售壓力可能會產生負面反饋循環，從而進一步延遲恢復。他將目前的情況與以前的市場崩潰進行了比較，這是由Covid-19大流行，Terra Luna Stablecoin的崩潰以及FTX交易所破產造成的事件引起的，每種情況都導致了幾個月來跨越的回收率。

Hyland reinforced his argument by highlighting the psychological factors at play. Anticipating a swift recovery can lead to disappointment and panic selling when the market fails to meet these expectations, creating a cycle that prolongs the recovery period. He acknowledged that, while markets are unpredictable and rapid recoveries are possible, they are statistically less likely. He stressed the importance of managing expectations, advising against assuming a rapid V-shaped recovery, like the limited recovery seen in 2020, which still occurred over weeks with multiple dips.

海蘭德通過強調了發揮作用的心理因素來加強他的論點。當市場無法滿足這些期望時，預計快速恢復會導致失望和恐慌銷售，從而創造一個延長恢復期的周期。他承認，儘管市場是不可預測的，並且可以快速回收，但它們的可能性較小。他強調了管理期望的重要性，建議不要假設快速的V形恢復，例如2020年看到的有限恢復，這在數週的時間內仍有多次下降。

In conclusion, Hyland's analysis offered a cautious perspective on the cryptocurrency market's recovery prospects following the tariff-induced downturn. He highlighted the need for patience and realistic expectations, drawing on historical data and psychological factors to support his argument. He cautioned against anticipating a rapid rebound and suggested that a full recovery, particularly for altcoins, could take months, mirroring the timelines observed in previous market corrections. His central message was one of tempered optimism, acknowledging the potential for recovery while emphasizing the importance of managing expectations and avoiding impulsive reactions driven by short-term market fluctuations. He reminded investors that markets are inherently unpredictable, but historical trends suggest that significant downturns require time to fully recover.

總之，海蘭德的分析對關稅引起的低迷後的加密貨幣市場的恢復前景提出了謹慎的看法。他強調了對耐心和現實期望的必要性，借鑒了歷史數據和心理因素來支持他的論點。他警告說，預計會迅速反彈，並建議完全恢復，尤其是對於Altcoins，可能需要幾個月的時間，這反映了在以前的市場校正中觀察到的時間表。他的核心信息是脾氣暴躁的樂觀主義之一，承認恢復的潛力，同時強調了管理期望的重要性，並避免了短期市場波動驅動的衝動反應。他提醒投資者，市場本質上是不可預測的，但是歷史趨勢表明，大量衰退需要時間才能完全恢復。