由于看跌情绪影响市场，比特币继续暴跌

截至 5 月 1 日，过去一天，比特币价值下跌 3.84%，达到 58,291.31 美元。 据 Cointelegraph 报道，比特币贬值可能是由于投资者热情减弱和看跌情绪增加共同造成的。

Bitcoin's Price Plunge: Bearish Speculations and Waning Investor Enthusiasm Drive Market Sentiment

比特币价格暴跌：看跌投机和投资者热情减弱推动市场情绪

Within the past day, Bitcoin's valuation has witnessed a significant downturn, with a substantial 3.84% decline, settling at a value of $58,291.31 as of May 1. This precipitous drop in the cryptocurrency's value has sparked concerns among investors and analysts alike, with many attributing this depreciation to a combination of waning enthusiasm among devoted investors and an uptick in bearish speculations.

在过去的一天里，比特币的估值出现了大幅下滑，截至 5 月 1 日，比特币的估值大幅下跌 3.84%，收于 58,291.31 美元。这种加密货币价值的急剧下跌引发了投资者和分析师的担忧，许多人将其归因于造成这种贬值的原因是忠实投资者的热情减弱和看跌投机活动的增加。

In-depth analysis of on-chain data, as reported by Cointelegraph and sourced from CryptoQuant, has shed light on the complex factors contributing to this recent price downturn. One notable observation is the dramatic plunge in demand from so-called permanent holders of Bitcoin—investors who accumulate and hold the asset without engaging in frequent buying and selling. In April alone, the demand from this cohort of long-term investors plummeted by a staggering 50%. Late March figures revealed that over 200,000 BTC were held by permanent holders, a number that had sharply decreased to approximately 90,000 BTC by the end of April. This decline in holding behavior has reached levels last seen in early March, a period during which Bitcoin faced a significant correction of 7% after hitting all-time highs.

据 Cointelegraph 报道，来自 CryptoQuant 的链上数据的深入分析揭示了导致近期价格下跌的复杂因素。一个值得注意的观察是，所谓的比特币永久持有者（即积累并持有该资产而不进行频繁买卖的投资者）的需求急剧下降。仅 4 月份，这群长期投资者的需求就大幅下降了 50%。 3 月底的数据显示，永久持有者持有超过 200,000 个 BTC，到 4 月底，这一数字已急剧下降至约 90,000 个 BTC。持有行为的下降已达到 3 月初的水平，在此期间，比特币在触及历史高点后面临 7% 的大幅回调。

Furthermore, the report highlighted a slowdown in demand for spot Bitcoin ETFs—exchange-traded funds that track the price of the cryptocurrency—and an uptick in futures market short positions as additional factors contributing to the recent price downturn. Traders exhibit increasing hesitation to initiate extensive positions, with a noticeable ascendancy of sell orders over buying ones.

此外，该报告还强调，现货比特币 ETF（跟踪加密货币价格的交易所交易基金）的需求放缓，以及期货市场空头头寸的增加，是导致近期价格下跌的其他因素。交易者对于建立大量头寸表现出越来越多的犹豫，卖单明显多于买单。

In addition, Bitcoin's funding rate, an indicator of traders' willingness to engage in leveraged positions, has plummeted to its lowest level for the year. This declining funding rate reflects traders' diminished inclination to finance prolonged engagements in the Bitcoin market. This hesitancy is reflected in an uptick in short position activities as traders anticipate additional downturns in Bitcoin's valuation.

此外，比特币的融资利率（交易者参与杠杆头寸的意愿指标）已暴跌至今年以来的最低水平。融资利率的下降反映出交易者为长期参与比特币市场提供资金的意愿减弱。这种犹豫不决反映在空头头寸活动的增加上，因为交易员预计比特币估值将进一步下跌。

Analysts from CryptoQuant have noted that such corrections in the Bitcoin market are often driven by a decrease in demand from large investors, commonly referred to as whales. The recent trends suggest a cautious or even bearish outlook among these significant stakeholders, impacting the overall market sentiment.

CryptoQuant 的分析师指出，比特币市场的此类调整通常是由大型投资者（通常被称为鲸鱼）的需求减少所致。最近的趋势表明这些重要利益相关者对前景持谨慎甚至悲观态度，影响了整体市场情绪。

Market Analysts Predict Prolonged Descent in Bitcoin Valuations

市场分析师预测比特币估值将长期下跌

In light of these on-chain data insights, market analysts are predicting a prolonged descent in Bitcoin valuations, foretelling bottoms unprecedented in the records of recent months. Subsequent to Bitcoin's inability to uphold the pivotal $60,000 threshold, experts' perspectives incline towards a sustained depreciation.

根据这些链上数据洞察，市场分析师预测比特币估值将长期下跌，预示着近几个月来前所未有的底部。在比特币无法守住 60,000 美元的关键门槛后，专家的观点倾向于持续贬值。

Esteemed market analyst Scott Melker interprets the prevailing financial turbulence as a transitory moderation within an overarching bull trend, remarking that the daily Relative Strength Index (RSI)—a technical indicator used to measure the strength or weakness of a trend—has yet to signify oversold conditions. Melker anticipates Bitcoin's depths in the imminent term to hover around $52,000.

受人尊敬的市场分析师斯科特·梅尔克 (Scott Melker) 将当前的金融动荡解释为总体牛市趋势中的暂时缓和，并表示每日相对强弱指数 (RSI)（用于衡量趋势强弱的技术指标）尚未表明超卖状况。 Melker 预计比特币近期的价格将徘徊在 52,000 美元左右。

Adding to the analysis, Tuur Demeester, another prominent Bitcoin analyst, observed Bitcoin trading at $60,409. Demeester posits that with the critical $60,000 support level breached, the next threshold could likely be $50,000. This perspective aligns with broader market sentiments that anticipate further declines.

另一位著名比特币分析师 Tuur Demeester 补充道，他观察到比特币交易价格为 60,409 美元。 Demeester 认为，随着 60,000 美元的关键支撑位被突破，下一个门槛可能是 50,000 美元。这一观点与预计进一步下跌的更广泛市场情绪相一致。

Further emphasizing the bearish outlook, trader and analyst Mags highlighted the significance of the weekly closing prices. Should Bitcoin close below $60,000 on the weekly chart, Mags warns of a potential deep retracement. According to his analysis, such a scenario could drive Bitcoin's price down to $40,000 or even lower.

交易员兼分析师 Mags 进一步强调了看跌前景，强调了每周收盘价的重要性。 Mags 警告称，如果比特币在周线图上收于 60,000 美元以下，可能会出现深度回调。根据他的分析，这种情况可能会导致比特币的价格跌至 40,000 美元甚至更低。

In conclusion, the recent depreciation in Bitcoin's valuation is a complex phenomenon driven by a confluence of factors, including waning enthusiasm among devoted investors, an uptick in bearish speculations, and a slowdown in demand for spot Bitcoin ETFs. As analysts predict a prolonged descent in Bitcoin valuations, investors should proceed with caution and carefully assess their investment strategies in light of the evolving market sentiment.

总之，近期比特币估值贬值是一个复杂的现象，是由多种因素共同推动的，包括忠实投资者的热情减弱、看跌投机的增加以及现货比特币 ETF 需求的放缓。由于分析师预测比特币估值将长期下跌，投资者应谨慎行事，并根据不断变化的市场情绪仔细评估其投资策略。