比特币崩盘（2025）——这只是猜测，还是更大的事情在起作用？

更广泛的经济形势再次受到密切关注。比特币 [BTC] 在短短 24 小时内从 10.2 万美元暴跌至 9.6 万美元 — — 这一下跌绝非巧合。

As the broader economic landscape continues to be subjected to intense scrutiny, Bitcoin (BTC) has experienced a notable decline within a 24-hour span. This downturn, characterized by a drop from $102K to $96K, appears to be anything but coincidental.

随着更广泛的经济格局继续受到严格审查，比特币 (BTC) 在 24 小时内经历了显着下跌。这次经济衰退的特点是从 102,000 美元跌至 96,000 美元，这似乎绝非巧合。

According to recent observations, this price movement has been influenced by a ‘better-than-expected’ U.S. economic report. This development has left market makers grappling with a crucial question: Is this merely another ‘speculative’ stunt designed to shake up the market dynamics, or does it serve as a subtle hint towards a looming Bitcoin ‘crash’ in 2025?

根据最近的观察，这一价格走势受到“好于预期”的美国经济报告的影响。这一事态发展让做市商面临一个关键问题：这仅仅是另一个旨在撼动市场动态的“投机”噱头，还是对 2025 年比特币即将“崩盘”的微妙暗示？

Investors are seen fleeing to safety amid mounting fears of a Bitcoin crash. This phenomenon, which has become increasingly prevalent, begs the question of whether the line between a strong day for Bitcoin and a Bitcoin crash is continuing to blur.

由于对比特币崩盘的担忧日益加剧，投资者纷纷逃往安全地带。这种现象越来越普遍，引发了一个问题：比特币的强劲表现和比特币崩盘之间的界限是否继续模糊。

If you recall, on December 18, as BTC approached $108K, the Fed’s cautious stance on interest rates triggered a massive sell-off.

如果您还记得，12 月 18 日，当 BTC 接近 10.8 万美元时，美联储对利率的谨慎立场引发了大规模抛售。

This resulted in BTC plummeting to $91K in less than two weeks, while the U.S. 10-Year Treasury Yield soared to a six-month high of 4.60%. Now, a similar pattern is unfolding, only intensifying.

这导致比特币在不到两周内暴跌至 9.1 万美元，而美国 10 年期国债收益率飙升至 4.60% 的六个月高点。现在，类似的模式正在显现，而且还在加剧。

The benchmark 10-year Treasury yield surged 7.5 basis points to 4.685% – its highest level since April. This sparked a sell-off in risky assets, with Bitcoin dropping 5% and the Dow Jones Industrials Average crashing by 1.1%.

基准10年期国债收益率飙升7.5个基点至4.685%，为4月份以来的最高水平。这引发了风险资产的抛售，比特币下跌 5%，道琼斯工业平均指数暴跌 1.1%。

Investors are fleeing to safety, driving up demand for U.S. bonds. This caused the 5-Year U.S. Treasury yield to reach a seven-month high of 4.483%.

投资者纷纷逃往安全地带，推高了对美国债券的需求。这导致美国5年期国债收益率触及7个月高位4.483%。

Meanwhile, the 10-year and 30-year mortgage rates also saw increases. As a result, the average 30-year fixed mortgage rate rose to 6.92%, according to Freddie Mac.

与此同时，10年期和30年期抵押贷款利率也有所上升。根据房地美 (Freddie Mac) 的数据，30 年期固定抵押贷款平均利率因此上升至 6.92%。

This led traders to exhibit extreme caution, with some speculating on a Bitcoin crash even before the Fed raises interest rates to quell inflation.

这导致交易员表现得极其谨慎，一些人甚至在美联储加息以平息通胀之前就猜测比特币会崩盘。

However, zooming out to the broader market movements, the data reveals a strong U.S. economy. JOLTs job openings in November rose by 259,000 to a six-month high of 8.098 million – far above the anticipated drop to 7.740 million.

然而，放眼更广泛的市场走势，数据显示美国经济强劲。 JOLT 1​​1 月份职位空缺增加 25.9 万个，达到 809.8 万个六个月高点，远高于预期的 774 万个职位空缺。

Furthermore, the ISM services index for December climbed to

此外，12 月份 ISM 服务业指数攀升至