比特币市场跌跌撞撞随着成人的流动性，特朗普无所作为增加了困境

加密市场是红色的海洋，比特币的交易价格低于88,000美元，而Coindesk 20指数在24小时内下降了10％以上。

Bitcoin (BTC) price dropped to three-month lows below $88,000 during early Asian hours on Monday, while the CoinDesk 20 Index fell by more than 10% over the past 24 hours.

在周一的亚洲早期，比特币（BTC）的价格下跌至三个月低于88,000美元，而Coindesk 20指数在过去24小时内下降了10％以上。

Several catalysts could be identified for the downturn, including risk-off sentiment in traditional markets and the influence of memecoins, particularly the recent trading activity in TRUMP and LIBRA.

可以确定几种催化剂的经济低迷，包括传统市场中的冒险情绪和成员的影响，尤其是最近在特朗普和天秤座的贸易活动。

As reported earlier, market makers present at the Consensus Hong Kong conference last week expressed concerns that the memecoin frenzy might have sucked liquidity away from productive crypto sub-sectors, rendering the broader market more vulnerable.

如前所述，上周在香港共识会议上出席的做市商表示担心Memecoin Frenzy可能使流动性从生产的加密货币子行业中吸收，从而使更广泛的市场更加脆弱。

Another factor cited was President Donald Trump’s lack of action. Despite making significant promises in the lead-up to the elections, concrete measures have been largely absent.

引用的另一个因素是唐纳德·特朗普总统的行动不足。尽管在选举中做出了巨大的承诺，但在很大程度上缺乏具体措施。

"The industry is still waiting for this to manifest in a tangible way in the form of measures such as a mooted Bitcoin Strategic Reserve," Petr Kozyakov, co-founder and CEO at Mercuryo, told CoinDesk.

Mercuryo的联合创始人兼首席执行官Petr Kozyakov告诉Coindesk：“该行业仍在等待以切实的方式表现出这种措施的形式。”

"In the meantime, sentiment has been hit hard by the biggest ever hack at the Bybit exchange, leaking 401,000 ETH, and a memecoin sector plagued with high-profile pump and dump schemes."

“与此同时，拜比特交易所有史以来最大的黑客袭击了情绪，泄漏了401,000 ETH，以及一个遭受高调泵和垃圾场计划困扰的成员行业。”

Finally, there were also renewed concerns regarding the U.S. economy, which seemed to be reducing demand for riskier assets.

最后，人们对美国经济的担忧也有了新的担忧，这似乎减少了对风险较高的资产的需求。

"There is also some concern about the slowdown in U.S. growth since last week's U.S. Services PMI release, the lowest in 22 months and consistent with GDP growth tracking at 0.6% only," said Aurelie Barthere, principal research analyst at Nansen. "Our Nansen Risk Barometer also just turned Risk-off from Neutral today."

Nansen的首席研究分析师Aurelie Barthere说：“自上周美国服务PMI发行以来，美国增长的放缓也引起了人们的关注，这是22个月以来最低的，并且与GDP增长跟踪仅为0.6％。” “我们的Nansen风险晴雨表也刚刚从中立中立了风险。”

Together, these developments pushed BTC out of its two-month range play between $90,000 and $110,000. Technical analysis theory suggests it could now drop to $70,000, although the maximum open interest in BTC put options listed on Deribit is at the $80,000 strike, indicating this level could offer some support.

这些发展共同将BTC从其两个月的比赛中推出了90,000美元至110,000美元。技术分析理论表明，现在它可以降至70,000美元，尽管在Deribit上列出的BTC PUT期权的最大开放兴趣为80,000美元的罢工，这表明该水平可以提供一些支持。

What could stabilize prices? Maybe an announcement from Trump regarding a strategic reserve or a sharp reversal by the Nasdaq 100.

什么可以稳定价格？也许特朗普的一项公告关于纳斯达克100的战略储备或急剧逆转。

However, the index fell below its 50-day simple moving average (SMA), while the yen, a risk-aversion signal, continued to strengthen against G7 currencies, including the dollar.

但是，该指数低于其50天的简单移动平均线（SMA），而日元（一种风险规避的信号）继续对包括美元在内的G7货币进行加强。

The next major catalysts for risk assets are Nvidia's earnings on Feb. 26 and core PCE inflation on Feb. 28.

风险资产的下一个主要催化剂是NVIDIA在2月26日的收益和2月28日的核心PCE通货膨胀。