比特币在美联储投机和经济不确定性的压力下承受压力

比特币价格面临下行压力，逼近6万美元。焦点转向美联储联邦公开市场委员会会议和杰罗姆·鲍威尔的评论。这次会议可能会影响比特币的价格，因为美联储的利率决定和鲍威尔的语气将为货币政策方向提供见解。市场预计利率将持续稳定，但由于 GDP 增长放缓和通胀上升，预期降息或加息可能会延迟，可能会对加密货币情绪产生负面影响。

Bitcoin Faces Pressure Amidst Fed Speculations and Economic Uncertainties

比特币在美联储投机和经济不确定性中面临压力

Bitcoin's upward momentum has faltered, with its price gravitating towards the $60,000 mark. The crypto market's attention this week revolves around the pivotal Federal Reserve (Fed) meeting, particularly the anticipated comments from Chairman Jerome Powell.

比特币的上涨势头已经减弱，价格逼近 60,000 美元大关。本周加密货币市场的注意力集中在关键的美联储（Fed）会议上，尤其是主席杰罗姆·鲍威尔（Jerome Powell）的预期评论。

Bearish Sentiment Intensifies

看跌情绪加剧

Hopes of a swift surge to $100,000 have waned, and price action has turned sluggish, prompting sellers to gain traction. Bitcoin bears have set their sights on the $60,000 level, as evidenced by the steady sell-off over the past several trading sessions.

价格迅速飙升至 10 万美元的希望已经减弱，价格走势也变得迟缓，促使卖家获得吸引力。比特币空头将目标定在 60,000 美元水平，过去几个交易日的稳定抛售就证明了这一点。

Fed's Impact on Bitcoin Price

美联储对比特币价格的影响

This week's events could prove pivotal. Last week's bullish Tesla earnings call triggered a shift towards risk-on sentiment, including increased demand for Bitcoin. However, the upcoming Federal Open Market Committee (FOMC) meeting and Powell's subsequent press conference are the primary focus for market participants.

本周的事件可能至关重要。上周看涨的特斯拉财报电话会议引发了风险偏好情绪的转变，包括对比特币的需求增加。不过，即将召开的联邦公开市场委员会（FOMC）会议以及鲍威尔随后的新闻发布会是市场参与者的主要关注点。

In early 2020, the Fed's shift to a fiscally accommodative monetary policy played a significant role in fueling the market rally, with Bitcoin reaching a peak of $70,000 by November 2021.

2020 年初，美联储转向财政宽松的货币政策，在推动市场反弹方面发挥了重要作用，比特币到 2021 年 11 月达到了 7 万美元的峰值。

However, the market is currently jittery amidst persistent inflationary pressures and geopolitical tensions in the Middle East. Investors are eagerly awaiting the Fed's interest rate decision on May 1, concerned about the potential impact on Bitcoin and the broader crypto landscape.

然而，目前市场因持续的通胀压力和中东地缘政治紧张局势而紧张不安。投资者热切等待 5 月 1 日美联储的利率决定，担心这对比特币和更广泛的加密货币格局的潜在影响。

Fed's Interest Rate Decision and Market Impact

美联储利率决策及市场影响

Analysts expect the Fed to maintain steady interest rates during the FOMC meeting. Nevertheless, volatility is anticipated approximately 45 minutes after the announcement, particularly during Powell's press conference. His tone and insights into the central bank's monetary policy direction are crucial for market sentiment.

分析师预计美联储将在FOMC会议期间维持利率稳定。尽管如此，预计在公告发布后约 45 分钟后将出现波动，尤其是在鲍威尔的新闻发布会期间。他的语气和对央行货币政策方向的见解对于市场情绪至关重要。

Recent economic data has cast a shadow over the market's optimism. Real GDP growth slowed to +1.6% in Q1 2024, significantly lower than the +3.4% recorded in Q1 2023. This unexpected deceleration, coupled with rising inflation, has raised concerns about a potential delay in the Fed's anticipated rate cuts, weighing down on crypto sentiment.

近期的经济数据给市场的乐观情绪蒙上了阴影。 2024 年第一季度实际 GDP 增长放缓至 +1.6%，显着低于 2023 年第一季度的 +3.4%。这种意外的减速，加上通胀上升，引发了人们对美联储预期降息可能延迟的担忧，从而打压了加密情绪。

Inflation data for March indicated a 2.7% increase in price pressures in the United States, pushing the annualized headline inflation to 3.4%. This exceeds the Fed's ideal level of 2%.

3 月份通胀数据显示，美国物价压力增加 2.7%，年化总体通胀率升至 3.4%。这超出了美联储2%的理想水平。

Meanwhile, the labor market remains robust, with more job openings than available workers. Some analysts suggest that the combination of weak GDP growth and rising inflation could prompt Powell to maintain higher interest rates for longer than anticipated or even consider raising them to curb inflation.

与此同时，劳动力市场依然强劲，职位空缺多于可用工人。一些分析师认为，GDP增长疲软和通胀上升可能促使鲍威尔维持较高利率的时间比预期更长，甚至考虑提高利率以抑制通胀。

Spot BTC ETF Outflows Signal Unease

现货 BTC ETF 资金外流信号令人不安

Should the Fed decide to raise rates, as it did in 2022, Bitcoin prices are likely to face further downward pressure, even after the upcoming Halving event. This situation is compounded by the recent surge in spot Bitcoin outflows from ETFs, indicating investor unease.

如果美联储决定像 2022 年那样加息，即使在即将到来的减半事件之后，比特币价格也可能面临进一步的下行压力。最近 ETF 现货比特币资金流出激增，加剧了这种情况，表明投资者感到不安。

Data from Lookonchain on April 26th revealed that GBTC and nine other spot Bitcoin ETFs, including BlackRock and Fidelity, experienced a combined outflow of more than 5,000 BTC, worth approximately $320 million.

Lookonchain 4 月 26 日数据显示，GBTC 以及贝莱德、富达等 9 只现货比特币 ETF 合计流出超过 5000 枚 BTC，价值约 3.2 亿美元。

If these outflows persist, Bitcoin's price could potentially collapse below the $60,000 threshold, creating market panic and triggering an altcoin sell-off, potentially creating lucrative opportunities for savvy traders.

如果这些资金外流持续存在，比特币的价格可能会跌破 60,000 美元的门槛，造成市场恐慌并引发山寨币抛售，从而可能为精明的交易者创造利润丰厚的机会。