在低于$ 2.00的折扣之后，XRP现在以$ 1.79的支持水平为目标

2月的第二次，资产通过了这种心理支持水平破裂

For the second time this month, and the third time this year, the asset has broken through a psychological support level as

本月第二次，这是今年第三次，资产通过心理支持水平破裂了

Relying on data from HitBTC, it was determined that XRP is now being valued at $2.02. Over the last 24 hours, the cryptocurrency has experienced a decline of almost 7%, attributing this to increased selling pressure and heightened volatility. This most recent decline might be an instance of XRP filling the gap in its price action, which happens frequently when an asset returns to prior support areas before making another move attempt.

依靠来自HITBTC的数据，确定XRP现在的价值为2.02美元。在过去的24小时内，加密货币的下降近7％，这归因于增加的销售压力和增强的波动性。最近的下降可能是XRP填补其价格行动中差距的一个实例，当资产在另一步尝试之前返回先前的支持区域时，这种情况经常发生。

But the way XRP fell indicates otherwise — it was a steep decline more like a knife down event brought on by aggressive selling rather than a gradual retracement. After XRP was unable to maintain its hold above important moving averages such as the 50-day EMA, it broke below $2.00.

但是XRP跌倒的方式表明 - 这是一个急剧下降的幅度，更像是由攻击性销售而不是逐渐回撤带来的刀下的事件。在XRP无法维持其持有之后，例如50天EMA等重要的移动平均值，它的损失低于$ 2.00。

The market's general pessimism has accelerated XRP's decline and brought it closer to its next significant support level of $1.79. Should XRP swiftly recover $2.20, this decline might be interpreted as a brief sweep of liquidity, opening the door for a possible recovery toward $2.50.

该市场的普遍悲观情绪加速了XRP的下降，使其更接近其下一个1.79美元的重要支持水平。如果XRP迅速收回2.20美元，这种下降可能会被解释为短暂的流动性，为可能的回收率恢复到2.50美元。

What XRP does next will be important because of the rising volatility. A reversal may occur if buyers intervene forcefully. But before there is a significant recovery, XRP may experience more losses if the bearish trend persists.

XRP接下来要做的事情将很重要，因为波动的上升效率上升。如果买家有力介入，可能会发生逆转。但是在重大恢复之前，如果看跌趋势持续存在，XRP可能会遭受更多的损失。

Bitcoin's cycle hits new lows

比特币的周期命中了新的低点

The recent collapse of Bitcoin (BTC) has officially brought what is now being called the weakest bull market in its history to an end.

比特币（BTC）最近的崩溃已正式将现在称为其历史上最弱的牛市的东西结束了。

As Bitcoin fell below the crucial $80,000 support level and wiped out a large sum of its prior gains, it also lost the 200-day EMA, signaling potential problems for the cryptocurrency and raising concerns about a prolonged bearish cycle.

随着比特币低于至关重要的80,000美元的支持水平，并消除了其先前收益的大量收益，它也失去了200天的EMA，这表明了加密货币的潜在问题，并引起了人们对长时间看跌周期的担忧。

Over the last day, Bitcoin's price experienced a decline of 6.46%, and it is now valued at $79,168, which is a significant distance from its long-term moving averages. The breach of the 200-day EMA is a crucial bearish signal, especially since this level has been a reliable support during bullish periods in the past. With the loss of this support, the market sentiment has changed drastically, and many believe that the worst is yet to come.

在最后一天，比特币的价格下跌了6.46％，现在价值为79,168美元，与其长期移动平均值相距甚远。违反200天EMA是一个至关重要的看跌信号，尤其是因为在过去的看涨时期，这一水平一直是可靠的支持。随着这种支持的损失，市场情绪发生了巨大变化，许多人认为最糟糕的情况尚未到来。

A portion of Bitcoin's prior explosive rise has been undone by the swift decline, which has also brought billions of dollars in losses to the market and forced traders to assume defensive positions. The rapid decline in Bitcoin can be attributed to a shift in momentum toward a longer correction and surrender from overly leveraged positions.

迅速下降，比特币先前的爆炸性崛起的一部分已经取消，这也使市场造成了数十亿美元的损失，并迫使商人承担防御地位。比特币的迅速下​​降可以归因于动量向更长的纠正转移，并从过度杠杆位置投降。

If Bitcoin is unable to recover the $80,000 mark, further downward movement is anticipated, with the next major support level located at $75,000. In the event of panic-selling, the price may drop as low as $70,000. In the neutral case, Bitcoin forms a temporary bottom and consolidates between $78,000 and $85,000 before making an effort to regain lost ground.

如果比特币无法恢复80,000美元的成绩，则预计将进一步向下移动，下一个主要支持水平为75,000美元。如果出现恐慌，价格可能低至70,000美元。在中立的情况下，比特币形成临时底部，并在努力重新获得失落的地面之前固定在78,000至85,000美元之间。

However, if the bulls are lucky and Bitcoin quickly recovers $85,000 and rises above the 200-day EMA, it could reignite bullish momentum and avert a more severe correction. Now that the bull market has been successfully broken, Bitcoin runs the risk of going into a protracted decline unless it can make a sizable comeback. Expect increased volatility from the cryptocurrency in the coming weeks as traders react to this development.

但是，如果公牛很幸运，比特币迅速收回了85,000美元并高于200天EMA，它可能会重新点燃看涨的动力并避免更严重的纠正。既然牛市已经成功地破坏了，则比特币会冒着持久下降的风险，除非它可以卷土重来。随着贸易商对这一发展的反应，在未来几周内的加密货币中，预计波动性会增加。

Crucial support level for Ethereum

以太坊的关键支持水平

A crucial $2,000 support level is what Ethereum is clinging to, and this will decide the asset's short-term destiny.

以太坊要坚持的至关重要的2,000美元支持水平，这将决定资产的短期命运。

ETH is currently being valued at $2,110 following a vicious daily decline of 8.44%, and it is clear that the cryptocurrency is still facing a large amount of selling pressure. A clear breakdown below $2,000 would greatly exacerbate the already pessimistic market sentiment.

在每日恶性下降8.44％之后，ETH目前的价值为2,110美元，很明显，加密货币仍面临着很大的销售压力。低于$ 2,000的明显细分会大大加剧已经悲观的市场情绪。

The decline in Ethereum can be attributed in part to the fact that it has been steadily leaving the ecosystem over the last few months, which has led to a decrease in liquidity and investor confidence. With this in another instance, Ethereum appears to be approaching the last line of defense at the $2,000 mark before a potentially deeper collapse. If this level of support is broken, it might set the stage for even more volatility.

以太坊的下降可以部分归因于以下事实：在过去的几个月中，它一直在稳步离开生态系统，这导致流动性和投资者的信心下降。在另一种情况下，以太坊似乎以2,000美元的标准接近最后的防守线，然后可能更深入地崩溃。如果这种支撑级别被打破，它可能会为更大的波动奠定基础。

If there is a breach of $2,000, panic-selling would follow, pushing ETH down toward lower support levels of $1,900 or even $1,750. A move like that would worsen the current problems in the ecosystem by increasing capital flight from Ethereum-based projects. If it can hold above $2,000 and perform a bounce, Ethereum might be able to regain $2,200 and even move toward $2

如果违反了2,000美元的违反，将随后出现恐慌，将ETH推向较低的支撑水平1,900美元甚至1,750美元。这样的举动将通过增加基于以太坊的项目的资本飞行来加剧生态系统中当前的问题。如果它可以持有超过$ 2,000并进行弹跳，以太坊可能能够重新获得2,200美元，甚至朝2美元转移