Michaël Van de Poppe：市場崩盤歸因於日元套利交易和 Jump Trading 的 5 億美元 ETH 清算

在最近的影片中，受歡迎的加密貨幣分析師 Michaël Van de Poppe 分享了對最近市場崩盤的見解，並將其主要歸因於日元

Popular crypto analyst Michaël Van de Poppe recently shared his analysis of the recent market crash in a video. He largely attributes the crash to the Japanese Yen Carry Trade and a massive sell-off by Jump Trading, which liquidated a $500 million Ethereum (ETH) position. This sell-off triggered a Nikkei crash and a 30% drop in Bitcoin. He explains that Ethereum’s heavy correction is a result of its lower supply and higher staking rate compared to Bitcoin, which makes it more volatile.

受歡迎的加密貨幣分析師 Michaël Van de Poppe 最近在影片中分享了他對最近市場崩盤的分析。他將這次暴跌主要歸因於日圓套利交易和Jump Trading的大規模拋售，該公司清算了價值5億美元的以太坊（ETH）部位。這次拋售引發了日經指數崩盤和比特幣下跌 30%。他解釋說，與比特幣相比，以太坊的大幅調整是由於其供應量較低且質押率較高，這使得其波動性更大。

Despite the sell-off, there is some optimism, as the Ethereum ETF saw inflows of over $100 million last week, indicating a bullish market sentiment. Even with Ethereum’s problems, Van de Poppe believes this correction is a normal part of the cycle and suggests that the market may be close to a bottom, with potential signs of an upcoming bull phase.

儘管遭到拋售，但仍有一些樂觀情緒，因為上週以太坊 ETF 的資金流入超過 1 億美元，顯示市場情緒看漲。即使以太坊存在問題，Van de Poppe 也認為這種調整是周期的正常部分，並表明市場可能已接近底部，有即將到來的牛市階段的潛在跡象。

Altcoins to Watch for the Rebound

山寨幣值得關注反彈

When it comes to altcoins, Van de Poppe has a specific strategy for positioning in the upcoming weeks. He suggests focusing on sectors that are likely to bounce back the strongest, specifically AI, DeFi, and meme coins. Within these sectors, he identifies several key picks:

談到山寨幣，Van de Poppe 在未來幾週內制定了具體的定位策略。他建議專注於可能反彈最強勁的行業，特別是人工智慧、DeFi 和 meme 幣。在這些領域中，他確定了幾個關鍵選擇：

Fetch.ai (FET)

Fetch.ai (FET)

In the AI sector, Fetch.ai has shown a strong recovery with a 70% bounce from recent lows. Van de Poppe sees this as a prime candidate for further growth, with potential 5-10x returns from its current levels.

在人工智慧領域，Fetch.ai 表現出強勁復甦，從近期低點反彈了 70%。 Van de Poppe 認為這是進一步成長的主要候選者，其回報率可能比目前水準高出 5-10 倍。

Aave (AAVE)

阿夫 (AAVE)

Moving to the DeFi ecosystem, his next pick is Aave. He highlights that Aave’s total value locked (TVL) in relation to its market cap suggests it is heavily undervalued, indicating potential for significant upside.

轉向 DeFi 生態系統，他的下一個選擇是 Aave。他強調，Aave 的總鎖定價值 (TVL) 相對於其市值表明其被嚴重低估，表明其具有顯著上漲的潛力。

REN (Ren)

清潔（清潔）

Another DeFi token that catches his eye is REN, which he believes is also undervalued relative to its TVL. While advising caution, he sees potential for growth as the market recovers.

另一個引起他注意的 DeFi 代幣是 REN，他認為相對於其 TVL 來說，REN 的價值也被低估。在建議謹慎的同時，他看到了隨著市場復甦的成長潛力。

GMX

GMX

In the decentralized finance (DeFi) space, GMX is another altcoin to watch, especially as activity increases.

在去中心化金融（DeFi）領域，GMX 是另一個值得關注的山寨幣，尤其是隨著活動的增加。

SingularityNET (AGIX)

奇點網路 (AGIX)

As another AI-focused project, SingularityNET has shown strong performance and promise. Like FET, Van de Poppe thinks AGIX will benefit from crypto’s AI integration and believes the recent downturn is a good time to buy AGIX before the market recovers.

作為另一個以人工智慧為重點的項目，SingularityNET 展現了強大的性能和前景。與 FET 一樣，Van de Poppe 認為 AGIX 將從加密貨幣的人工智慧整合中受益，並認為最近的低迷是在市場復甦之前購買 AGIX 的好時機。

Solana (SOL)

索拉納 (太陽)

Solana’s strong performance in the DeFi space is a key factor in his bullish outlook on SOL. He notes that Solana has bounced back strongly from the recent correction and demonstrated its resilience in a challenging market environment. He sees Solana as a major contender for future growth, especially as the market recovers.

Solana 在 DeFi 領域的強勁表現是他看好 SOL 前景的關鍵因素。他指出，Solana 從最近的調整中強勁反彈，並在充滿挑戰的市場環境中展現了其韌性。他認為 Solana 是未來成長的主要競爭者，尤其是在市場復甦的情況下。

Is it the End of the Bear Market?

熊市結束了嗎？

For those trying to gauge the market’s next move, Van de Poppe highlights several key indicators. Bitcoin dominance is currently at 54%, which is nearing its peak and has historically signaled the end of bear markets for altcoins and the beginning of bullish trends. He also suggests keeping an eye on ETH’s performance against both Bitcoin and USD Tether (USDT) for further insights into the market’s direction.

對於那些試圖評估市場下一步趨勢的人，范德波普強調了幾個關鍵指標。比特幣的主導地位目前為 54%，接近峰值，歷史上標誌著山寨幣熊市的結束和看漲趨勢的開始。他還建議密切關注 ETH 相對於比特幣和 USDT 的表現，以進一步了解市場的方向。

By positioning himself in these altcoins, particularly those in the AI and DeFi sectors, Van de Poppe believes they could lead the charge in the next bull run.

Van de Poppe 相信，透過將自己定位在這些山寨幣，特別是人工智慧和 DeFi 領域的山寨幣，它們可以在下一次牛市中引領潮流。