加密货币市场的血液：BTC -7.4％，ETH -10.8％

加密货币市场只是不想恢复：经过一个月的深层修正，这是另一个大幅下降。

The crypto market has taken a beating in recent days, with Bitcoin and Ethereum both dropping sharply. What’s causing this downturn, and is it a sign of a bear market to come?

加密市场最近几天都受到了殴打，比特币和以太坊都急剧下降。是什么导致了这种低迷，这是熊市即将到来的迹象吗？

Bitcoin lost a key support level at $90,000 on Monday, and continued to fall throughout the day. By evening, BTC was trading below $88,000, a drop of over 7%. Ethereum also fell sharply, dropping double digits and falling below the psychological threshold of $2,500.

比特币在周一以90,000美元的价格失去了一个关键支持水平，并且全天继续下降。到晚上，BTC的交易低于88,000美元，下降了7％以上。以太坊也急剧下降，下降了两位数，低于2500美元的心理门槛。

The broader crypto market also fell sharply, with total capitalization losing about $146 billion in a matter of hours. Most altcoins dropped by double digits, with some like Solana, XRP, and Dogecoin seeing their recent gains being almost completely wiped out.

更广泛的加密市场也急剧下降，总资本化在几个小时内损失了约1460亿美元。大多数Altcoins都以两位数的速度掉落，其中一些替代币像Solana，XRP和Dogecoin一样，看到它们最近的收益几乎被完全消除了。

This downturn comes after a month of relative calm in the crypto market. Following a period of sharp corrections in December, the market had largely consolidated throughout January. However, the bear market began to show signs of returning last week, with Bitcoin and Ethereum both falling sharply on Friday.

在加密货币市场中相对平静的一个月后，这种衰退的衰退。在12月进行了一段时间的彻底纠正之后，整个1月的市场基本上都在整合。但是，熊市开始显示上周返回的迹象，周五比特币和以太坊都急剧下降。

There are a few possible explanations for this downturn. One possibility is that the market is simply overheated and due for a correction. Bitcoin and Ethereum both rose sharply in 2023, and at one point BTC was trading at all-time highs above $95,000.

对于这种低迷，有一些可能的解释。一种可能性是市场简单地过热，并进行更正。比特币和以太坊在2023年都急剧上升，而BTC的一度交易量超过95,000美元。

Another possibility is that the market is reacting negatively to some recent events in the crypto industry. On Monday, Bybit announced that it had been hacked for $1.44 billion, although the exchange later clarified that the stolen funds belonged to the giant market maker Wintermute.

另一种可能性是市场对加密货币行业最近的一些事件产生负面反应。周一，拜比特（Bybit）宣布，它已经以14.4亿美元的价格被黑客入侵，尽管该交易所后来澄清说，被盗的资金属于巨型市政公司Wintermute。

However, some inaccuracies in the X coverage of the event, which claimed that the hackers had sold all the stolen ether on the market, appeared to contribute to the FUD. In reality, the stolen ether had not yet been moved or sold.

但是，活动的X覆盖范围中一些不准确，声称黑客已经出售了市场上所有被盗的以太，似乎有助于FUD。实际上，被盗的醚尚未被移动或出售。

Another factor that may have contributed to the downturn is Wintermute’s continuous sales of large positions of BTC, ETH, and SOL on the market. This created strong downward selling pressure, which in turn led to cascades of liquidations of long positions, accelerating the bearish dynamic.

可能导致低迷的另一个因素是温特穆特（Wintermute）在市场上不断销售BTC，ETH和SOL的大量职位。这造成了强大的向下销售压力，这反过来导致了一系列长位置的清算，从而加速了看跌动态。

According to Coinglass, there were $1.47 billion in liquidations in the last 24 hours, with longs accounting for $1.36 billion. Bitcoin futures saw over 600 million in liquidations while Ethereum futures saw around 300 million.

根据Coinglass的说法，过去24小时内有14.7亿美元的清算，渴望为13.6亿美元。比特币期货的清算量超过6亿，而以太坊期货约为3亿。