比特币 (BTC) 价格可能会在 8 月底出现看跌前景，但山寨币行业有望在短期内反弹

距离月度收盘还有不到 72 小时，更明显的是，比特币 (BTC) 价格可能会以看跌前景结束动荡的 8 月。

With less than 72 hours to the monthly close, it is becoming increasingly clear that Bitcoin (BTC) will likely end the turbulent August on a bearish note. However, Bitcoin price has established a strong support level above $58k in the last few weeks, positioning the altcoin industry for a further near-term rebound.

距离月度收盘还有不到 72 小时，越来越明显的是，比特币 (BTC) 可能会以看跌的姿态结束动荡的 8 月。然而，过去几周，比特币价格已在 58,000 美元上方建立了强劲支撑位，为山寨币行业的近期进一步反弹奠定了基础。

A technical crypto analysis by CryptoQuant shows that the crypto industry is likely to continue in short-term consolidation as the correlation between altcoins and Bitcoin remains positive. As a result, we can safely deduce that the positive correlation between Bitcoin and the altcoins, amidst heightened fear of a possible crypto selloff in September, could present long-term buyers with an opportunity to accumulate more at discounted rates.

CryptoQuant 的一项技术加密分析表明，由于山寨币和比特币之间的相关性仍然呈正相关，加密行业可能会在短期内继续整合。因此，我们可以放心地推断，在对 9 月份可能出现的加密货币抛售的担忧加剧的情况下，比特币和山寨币之间的正相关性可能为长期买家提供以折扣价积累更多资金的机会。

Analysis of Altcoins' Correlation with #Bitcoin

山寨币与#Bitcoin 的相关性分析

“Altcoins are still demonstrating a positive correlation, showing that despite individual variations, they are following Bitcoin's movement. This behavior reinforces the idea that, at the moment, the market is moving in unison with… pic.twitter.com/VqR00xbVFE

“山寨币仍然表现出正相关性，表明尽管存在个体差异，但它们正在追随比特币的走势。这种行为强化了这样一种观点，即目前市场正在与...... pic.twitter.com/VqR00xbVFE 一致移动

According to CryptoQuant’s data, altcoins such as Bancor Network (BNT), Axie Infinity (AXS), Chainlink (LINK), Algorand (ALGO), and Cardano (ADA) are showing the highest correlation with Bitcoin.

根据 CryptoQuant 的数据，Bancor Network (BNT)、Axie Infinity (AXS)、Chainlink (LINK)、Algorand (ALGO) 和 Cardano (ADA) 等山寨币与比特币的相关性最高。

On the other hand, CryptoQuant’s data shows that altcoins such as Dash (DASH), Curve DAO (CRV), dYdX (DYDX), BNB, and My Neighbor Alice (ALICE) have the lowest correlation levels, indicating that they are moving more independently of Bitcoin.

另一方面，CryptoQuant 的数据显示，Dash (DASH)、Curve DAO (CRV)、dYdX (DYDX)、BNB 和 My Neighbor Alice (ALICE) 等山寨币的相关性水平最低，表明它们的走势更加独立比特币。

Anticipated Timelines For the Altseason

Altseason 的预期时间表

The timeline for the next altcoin bull run remains a subject of paramount interest among crypto investors. The yearning for a parabolic altcoin rally is evident after the crypto trades remained trapped in a bear market for the past three years.

下一次山寨币牛市的时间表仍然是加密货币投资者最感兴趣的话题。在过去三年加密货币交易仍然陷入熊市之后，对抛物线山寨币反弹的渴望是显而易见的。

The anticipated interest rate cut in the United States before the end of this year, amid the upcoming general elections, is expected to trigger the next phase of the crypto bull market, which will largely favor the altcoin industry.

在即将到来的大选之际，美国预计在今年年底前降息，预计将引发下一阶段的加密货币牛市，这将在很大程度上有利于山寨币行业。

The inevitable reversal of the macro Bitcoin dominance in the near term, amid rising demand for web3 protocols and digital assets, is a top indicator for an upcoming altseason.

随着对 web3 协议和数字资产的需求不断增长，短期内比特币的宏观主导地位不可避免地会发生逆转，这是即将到来的山寨币季节的首要指标。