由于自动算法销售主导市场，比特币减半后的飙升陷入停滞

4 月 22 日，比特币减半后的涨势面临阻力，因为自动交易算法引发了 BTC 销售，导致买入价和卖出价受到挤压。尽管达到了 66,546 美元的每周高点，但由于买家和卖家之间的不平衡，比特币的势头减弱，这一点可以从大量针对个人出价的算法出售中看出。

Bitcoin's Post-Halving Rally Falters Amidst Automated Trading Algorithm Sales

比特币减半后的反弹因自动交易算法销售而动摇

April 22, 2022 - Bitcoin's (BTC) post-halving comeback hit a roadblock at the Wall Street open as a surge of automated trading algorithm sales weighed heavily on the market.

2022 年 4 月 22 日 - 由于自动交易算法销售激增给市场带来沉重压力，比特币 (BTC) 减半后的反弹在华尔街开盘时遇到了障碍。

Market Momentum Wanes After Weekly Highs

市场动力在每周高点后减弱

Data from Cointelegraph Markets Pro and TradingView revealed that BTC's price momentum lost steam after reaching weekly highs of $66,546 on cryptocurrency exchange Bitstamp. Despite a promising recovery from the prior week's lows, Bitcoin faced stiff resistance, with buyers outnumbered.

Cointelegraph Markets Pro 和 TradingView 的数据显示，在加密货币交易所 Bitstamp 触及 66,546 美元的周高点后，BTC 的价格势头失去了动力。尽管比特币从前一周的低点有望复苏，但仍面临强劲阻力，买家数量过多。

Popular trader Skew, who now posts on the social media platform X (formerly Twitter), summarized the situation, stating, "So far spot flow is basically just one individual bidding vs a sea of algos selling. Could be a boring session till later."

受欢迎的交易员 Skew 现在在社交媒体平台 X（以前的 Twitter）上发帖，他总结了情况，表示：“到目前为止，现货流量基本上只是一个人的出价与大量的算法销售。稍后可能会是一个无聊的会议。 ”

Skew had previously noted that liquidity was moving closer to the spot price, often an attempt to entice market participants.

Skew 此前曾指出，流动性正在接近现货价格，这通常是为了吸引市场参与者。

Liquidity Squeeze and Moving Average Support

流动性紧缩和移动平均线支撑

The latest data from CoinGlass, a cryptocurrency market data aggregator, showed a concentration of bids between $64,000 and $65,500 on April 22, while fresh ask liquidity was stacked between $66,500 and $67,750.

加密货币市场数据聚合器 CoinGlass 的最新数据显示，4 月 22 日的买盘集中在 64,000 美元至 65,500 美元之间，而新的卖盘流动性则集中在 66,500 美元至 67,750 美元之间。

Skew raised concerns about the legitimacy of these orders, stating, "Time will tell if they're spoof orders."

Skew 对这些订单的合法性表示担忧，并表示：“时间会证明它们是否是恶搞订单。”

Analyst Matthew Hyland highlighted that a key moving average, the 10-week simple moving average (SMA), was holding at the latest weekly close. Bitcoin's 10-week SMA has acted as a significant bull market support line, supporting the market since October 2023. At the time of writing, the 10-week SMA stood at $65,686.

分析师 Matthew Hyland 强调，关键移动平均线，即 10 周简单移动平均线 (SMA)，在最新一周收盘价处保持不变。比特币的 10 周 SMA 一直是重要的牛市支撑线，自 2023 年 10 月以来一直为市场提供支撑。在撰写本文时，10 周 SMA 位于 65,686 美元。

Potential Long Liquidation Hunt

潜在的多头清算狩猎

BTC price action aligned with a theory put forward earlier in the day by popular trader and analyst Credible Crypto. He suggested that BTC could retreat to liquidate long positions before definitively reversing upward. Credible Crypto pointed out that open interest (OI) was already increasing.

BTC 价格走势与当天早些时候由著名交易员和分析师 Credible Crypto 提出的理论一致。他建议比特币在最终逆转之前可能会撤退以清算多头头寸。 Credible Crypto 指出，未平仓合约（OI）已经在增加。

In an X post, he explained, "If this move up falters before it really even begins then I'd expect something like this to develop." He accompanied the post with an illustrative chart, indicating a potential move back down to eliminate long positions before a "real" pump.

他在一篇 X 帖子中解释道，“如果这种上升趋势在真正开始之前就出现了动摇，那么我预计会出现类似的情况。”他在帖子中附上了一张说明性图表，表明在“真正”上涨之前可能会回落以消除多头头寸。

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Cryptocurrency trading involves significant risk, and investors should conduct their own due diligence before making any investment decisions.

免责声明：本文仅供参考，不应被视为财务建议。加密货币交易涉及重大风险，投资者在做出任何投资决定之前应自行进行尽职调查。