特朗普的加密储备计划承诺市场操纵，比特币的投机活动暴跌了50％

来自GlassNode的数据显示，比特币的投机活动显着下降，最近几个月的“热供应”下降了50％。

Hot supply is a metric that measures the number of Bitcoin coins being actively traded within short timeframes. A contraction in this metric can signal a decrease in immediate market enthusiasm.

热供应是一个指标，可衡量在短时间内积极交易的比特币硬币数量。该指标的收缩可以表明直接市场热情的下降。

This aligns with the broader market trends, where Trump's strong push for blockchain innovation has been met with skepticism from some, who believe it might be a strategic move to manipulate the market.

这与更广泛的市场趋势相吻合，特朗普强烈地推动区块链创新的强烈推动受到了一些人的怀疑，他们认为这可能是操纵市场的战略举动。

Specifically, Trump's crypto reserve plan, which involves buying 200,000 BTC annually for five years, has drawn criticism, with many believing the announcement was a tactic to artificially inflate market sentiment and generate quick gains.

具体来说，特朗普的加密储备计划涉及每年购买200,000 BTC的五年，引起了批评，许多人认为这一消息是对人为膨胀市场情绪并产生快速收益的策略。

As the market experiences heightened volatility, opinions are divided. Some analysts predict further price corrections, while others are hopeful that increased institutional involvement might bring more stability to the market.

随着市场经历的提高波动，意见分歧。一些分析师预测了进一步的价格校正，而另一些分析师则希望增加机构参与可能会给市场带来更大的稳定性。

Crucially, Bitcoin's price is currently testing a crucial resistance range. While the optimism seen yesterday following the Federal Reserve's slowing of quantitative tightening (QT) is understandable, it's best to be cautious on shorter timeframes until a confirmed breakout above this resistance occurs.

至关重要的是，比特币的价格目前正在测试关键阻力范围。虽然昨天在美联储放缓定量收紧（QT）之后看到的乐观情绪是可以理解的，但最好在较短的时间范围内保持谨慎，直到发生在这种阻力之上的确认突破为止。

This setup has many market participants closely following. While further bullish momentum is possible, it's worth noting that Bitcoin has been in a downtrend since early December, suggesting that maintaining a cautious approach is still the prudent move.

该设置有许多市场参与者密切关注。尽管有可能进一步看涨势头，但值得注意的是，比特币自12月初以来一直处于下降趋势，这表明保持谨慎的态度仍然是审慎的举动。

Many traders are also pivoting their strategies to include hedging positions to reduce potential risks while also continuing to accumulate BTC during these price swings.

许多交易者还在旋转其策略，以包括对冲头寸以降低潜在风险，同时在这些价格波动期间继续积累BTC。

For now, market sentiment remains quite fragile. A significant shift could occur with a decisive break above the resistance level, which could signal a potential reversal of the current trend.

目前，市场情绪仍然很脆弱。在阻力水平以上的决定性断裂时，可能会发生重大变化，这可能表明当前趋势的潜在逆转。