使用繫繩流和音量了解Altcoin市場

根據CoinMarketCap的數據，在撰寫本文時，總加密市場上限為2.72萬億美元，比特幣的[BTC]優勢為61.2％。

The total crypto market cap stood at $2.72 trillion, at the time of writing, with Bitcoin’s [BTC] dominance standing at 61.2%, according to CoinMarketCap. This hinted at a 28% drop from its December highs – A time when the total market cap was $3.73 trillion.

根據CoinMarketCap的數據，在撰寫本文時，總加密市場上限為2.72萬億美元，比特幣的[BTC]優勢為61.2％。這暗示比12月的高點下降了28％，這是總市值為3.73萬億美元的時期。

The bearish sentiment across the market is due to macroeconomic events unfurling over the past three months, as well as the relative weakness of most altcoins. Including the leader Ethereum [ETH]. According to AMBCrypto, this altcoin trend is likely to continue.

整個市場上的看跌情緒是由於宏觀經濟事件在過去三個月中爆發，以及大多數Altcoins的相對弱點。包括領導者以太坊[ETH]。根據Ambcrypto的說法，這種Altcoin趨勢可能會繼續下去。

Understanding the altcoin market using Tether flows and volume

使用繫繩流和音量了解Altcoin市場

Altcoins have not been performing well in recent times. The drop in the altcoin market cap came alongside a drop-off in the trading volume for various leading altcoins.

近期AltCoins的性能並非表現良好。 Altcoin市值的下降與各種領先的Altcoins的交易量下降。

[coin_counter id=”886″ instance_id=”1″ display_names=”true” align=”center”]

[COIN_COUNTR ID =“ 886” instance_id =“ 1” display_names =“ true” align =“中心”]

In fact, data shared by crypto analyst Brian on Santiment revealed that the top 10 crypto assets’ trading volume now is roughly just a fourth of the volumes seen in early December.

實際上，加密分析師Brian在Santiment上共享的數據表明，現在的十大加密貨幣交易量現在大約只是12月初看到的四分之一。

This could, however, mean a growing tendency to take profits or hold from investors, while also hinting at traders’ fatigue.

但是，這可能意味著越來越多地從投資者那裡獲得利潤或持有利潤，同時也暗示了交易者的疲勞。

CryptoQuant’s Tether [USDT] netflows chart to exchanges also highlighted adverse investor sentiment. The metric’s 30-day moving average shot skywards in November and December. A hike in stablecoin inflows signals more buying power in the market and showcases bullish market sentiment.

CryptoQuant的束縛[USDT] NetFrows圖表也強調了不利的投資者情緒。該指標在11月和12月的30天移動平均射擊天空。 Stablecoin的徒步旅行在市場上的購買力更多，並展示了看漲的市場情緒。

The drop-off in inflows over the past two months highlighted that market participants have been more inclined to take profits. The metric has reached lows not seen since November 2022, during the FTX implosion.

過去兩個月中流入的下降表明，市場參與者更傾向於獲利。自2022年11月在FTX內爆以來，該度量已經達到低點。

The TOTAL3 chart tracks the market cap of popular crypto assets, excluding BTC and ETH. This way, the altcoin market’s trends would be more apparent. The market cap has been trending south since February.

Total3圖表跟踪了流行的加密資產的市值，不包括BTC和ETH。這樣，Altcoin市場的趨勢將更加明顯。自2月以來，市值一直在南部。

The $750 billion zone served as support in November, and again in early March. The downward march of the altcoins seems likely to test this level once again.

7500億美元的區域在11月和3月初再次成為支持。 AltCoins的下行似乎再次測試了這一水平。

Given the bearish trend over the past three months, the fall in trading activity, and the lack of stablecoin inflows, it may be likely that the altcoin market cap would fall below the $750 billion-mark soon.

鑑於過去三個月的看跌趨勢，交易活動的下降以及缺乏穩定的趨勢，山寨幣市值很可能很快就會降至7500億美元的標記以下。