加密货币市场等待方向，比特币和以太坊交易横盘

比特币和以太坊在短暂跌破 19,000 美元后于周四企稳。欧洲股市下跌，美国期货下跌，特斯拉股价盘前下跌。 Huobi 的 HT 代币和 Elrond 的 EGLD 涨幅居前，而 Ribbon Finance 的 RBN 和 MetisDAO 的 METIS 则下跌。值得注意的是，比特币的 30 天波动率已低于标准普尔 500 指数的波动率，这一趋势此前与比特币价格触底有关。

Bitcoin and Ethereum Sideways, Crypto Markets Seek Direction

比特币和以太坊横盘整理，加密货币市场寻求方向

In a lackluster trading session, Bitcoin (BTC) and Ether (ETH) moved sideways on Thursday, maintaining their positions from the previous day. BTC briefly dipped below $19,000 but swiftly rebounded to settle around $19,150. ETH, while down slightly to around $1,290, remained above its weekly average.

在低迷的交易时段中，比特币（BTC）和以太币（ETH）周四横盘整理，维持前一日的仓位。 BTC 一度跌破 19,000 美元，但迅速反弹至 19,150 美元附近。 ETH 虽然小幅下跌至 1,290 美元左右，但仍高于每周平均水平。

The cryptocurrency market lacked significant movers, with only Elrond's EGLD and Huobi's HT token posting gains of 3% to lead the day. Traditional markets, however, saw a downturn, with European stock indices falling and yields on U.K. government bonds climbing. U.S. stock futures also dipped, dragged down by Tesla's 5.4% premarket decline after the electric carmaker released underwhelming third-quarter revenue figures.

加密货币市场缺乏明显的推动因素，只有 Elrond 的 EGLD 和火币的 HT 代币涨幅为 3%，领涨当天。然而，传统市场出现低迷，欧洲股指下跌，英国政府债券收益率攀升。电动汽车制造商特斯拉发布令人失望的第三季度营收数据后，该公司盘前下跌 5.4%，拖累美国股指期货下跌。

CoinDesk Market Index: Gains and Losses

CoinDesk 市场指数：收益和损失

The CoinDesk Market Index (CMI), a broad-based index measuring the market capitalization-weighted performance of the digital asset market, revealed mixed performance among its constituents.

CoinDesk 市场指数（CMI）是衡量数字资产市场市值加权表现的广泛指数，其成分股表现参差不齐。

Leading the gainers was Chain (XCN) with a 12.17% surge, followed by Radicle (RAD) and Biconomy (BICO) at 7.2% and 7.07%, respectively. These tokens represent various sectors within the digital asset ecosystem, including currency, computing, and smart contract platforms.

涨幅居前的是 Chain (XCN)，飙升 12.17%，其次是 Radicle (RAD) 和 Biconomy (BICO)，分别上涨 7.2% 和 7.07%。这些代币代表了数字资产生态系统中的各个部门，包括货币、计算和智能合约平台。

On the losing side, Ribbon Finance (RBN) topped the list with a 5.38% decline, followed by MetisDAO (METIS) and Rally (RLY) with losses of 2.88% and 2.75%, respectively. These tokens belong to the DeFi, smart contract platform, and culture and entertainment sectors.

跌幅方面，Ribbon Finance (RBN) 以 5.38% 的跌幅位居榜首，其次是 MetisDAO (METIS) 和 Rally (RLY)，跌幅分别为 2.88% 和 2.75%。这些代币属于 DeFi、智能合约平台、文化娱乐领域。

Shifting Volatility Dynamics

波动动态变化

A notable development in the cryptocurrency market has been the decrease in volatility compared to traditional asset classes. According to a chart shared by Bianco Research, bitcoin's 30-day volatility has fallen below that of the S&P 500 for the first time since July 2021.

与传统资产类别相比，加密货币市场的一个显着发展是波动性下降。根据 Bianco Research 分享的图表，比特币 30 天波动率自 2021 年 7 月以来首次低于标准普尔 500 指数。

This shift has been observed on only four other occasions in bitcoin's history, each of which coincided with significant local market bottoms. As Noelle Acheson, author of the Crypto is Macro Now newsletter, cautions, patterns do not always repeat, but the correlation is worth acknowledging.

在比特币历史上，这种转变仅在其他四次事件中出现过，每一次都与当地市场的重要底部相一致。正如《Crypto is Macro Now》时事通讯的作者 Noelle Acheson 所警告的那样，模式并不总是重复，但相关性值得承认。

The subdued volatility in the cryptocurrency market suggests a potential stabilization after the recent price declines. However, with macroeconomic uncertainties still lingering, the direction of the market remains uncertain, and investors are advised to exercise caution and conduct thorough research before making any investment decisions.

加密货币市场的波动性减弱表明在近期价格下跌后可能会趋于稳定。但宏观经济不确定性依然存在，市场走向仍不明朗，建议投资者谨慎投资，充分研究后再做出投资决定。