比特币减半的市场影响预测将在 60 天内显现

4 月 19 日的比特币减半事件可能不会立即对市场产生影响，分析师预计延迟两个月才会产生重大影响。尽管最初价格飙升 8%，但预计供需调整需要时间，这表明存在建立多头头寸的潜在窗口。专家表示，历史规律表明，供应限制会延迟两到三个月才会导致价格显着波动。

Bitcoin's Halving: Market Impact Anticipated to Manifest in Two Months

比特币减半：市场影响预计将在两个月内显现

New York, April 21, 2023 - The recent halving of Bitcoin's block reward, finalized on April 19, is expected to have a delayed impact on market dynamics, with analysts predicting a potential two-month window for significant effects to emerge.

纽约，2023 年 4 月 21 日 - 最近于 4 月 19 日敲定的比特币区块奖励减半预计将对市场动态产生延迟影响，分析师预测可能需要两个月的时间才会出现重大影响。

Despite an initial 8% surge in Bitcoin's spot price since the halving, experts anticipate a lag in the adjustment of supply and demand. Historical patterns, according to QCP Capital analysts, suggest a time lag of approximately two to three months before the halving's supply constraints translate into noticeable price movements. This delay potentially provides Bitcoin bulls an extended window to establish stronger long positions.

尽管自减半以来比特币现货价格最初飙升了 8%，但专家预计供需调整将存在滞后。 QCP Capital 分析师表示，历史模式表明，减半的供应限制转化为明显的价格波动之前，需要大约两到三个月的时间滞后。这种延迟可能为比特币多头提供了一个更长的窗口来建立更强大的多头头寸。

Bitfinex analysts emphasize the post-halving reduction in Bitcoin supply, a factor that could contribute to price stability and potentially drive further appreciation. However, they caution that geopolitical unrest, particularly in the Middle East, may influence Bitcoin's long-term valuation.

Bitfinex 分析师强调比特币供应减半后的减少，这一因素可能有助于价格稳定并可能推动进一步升值。然而，他们警告说，地缘政治动荡，特别是中东地区的动荡，可能会影响比特币的长期估值。

The Bitfinex Alpha report additionally identifies potential stabilization in demand from spot Bitcoin exchange-traded funds (ETFs), which have played a significant role in market activity. However, recent outflows from these ETFs indicate a possible moderation in demand.

Bitfinex Alpha 报告还指出了现货比特币交易所交易基金 (ETF) 需求的潜在稳定，这些基金在市场活动中发挥了重要作用。然而，最近这些 ETF 的资金流出表明需求可能会放缓。

Meanwhile, QCP Capital analysts anticipate a short-term squeeze in the altcoin and memecoin markets. Persistent negative funding rates in these markets, coupled with potential demand fluctuations, could result in increased volatility.

与此同时，QCP Capital 分析师预计山寨币和 memecoin 市场将出现短期挤压。这些市场持续的负资金利率，加上潜在的需求波动，可能会导致波动性加剧。

While the overall memecoin market has experienced a marginal uptick in market capitalization, top memecoins such as Dogecoin, Shiba Inu, and Dogwifhat have exhibited minor declines over the past 24 hours, reflecting ongoing market fluctuations.

虽然整个模因币市场的市值略有上升，但狗狗币、柴犬和 Dogwifhat 等顶级模因币在过去 24 小时内出现小幅下跌，反映出市场持续波动。

Analysts stress the need to monitor market developments closely in the coming weeks and months as the effects of the Bitcoin halving gradually unfold. The combination of supply constraints and demand dynamics will ultimately shape Bitcoin's price trajectory and the broader cryptocurrency landscape.

分析师强调，随着比特币减半的影响逐渐显现，有必要在未来几周和几个月内密切关注市场发展。供应限制和需求动态的结合最终将塑造比特币的价格轨迹和更广泛的加密货币格局。