为什么加密货币今天下跌？ BTC 跌破 9.4 万美元，ETH 跌至 3.3 万美元，市值触及 1 个月低点

今天，加密货币市场经历了大幅抛售，比特币 (BTC) 明显跌破 94,000 美元。与 BTC 一样，主要山寨币价格也在下跌，加密货币总市值已跌至 3.3T 美元，创下近一个月来的最低水平。

The cryptocurrency market experienced a sell-off on Monday, with Bitcoin (BTC) dropping notably below $94,000. Along with BTC, major altcoin prices are also declining, and the total cryptocurrency market capitalization has fallen to $3.3T, marking the lowest level in almost a month.

周一，加密货币市场遭遇抛售，比特币 (BTC) 明显跌破 94,000 美元。与 BTC 一样，主要山寨币价格也在下跌，加密货币总市值已跌至 3.3T 美元，创下近一个月来的最低水平。

This sell-off stems from last week's Federal Reserve's (Fed’s) monetary policy announcement, with Bitcoin falling below $100,000. Market participants witnessed a sharp decline across cryptocurrencies, triggering substantial liquidations and affecting the total market capitalization.

这次抛售源于上周美联储 (Fed) 的货币政策公告，比特币跌破 10 万美元。市场参与者目睹了加密货币的大幅下跌，引发了大量清算并影响了总市值。

Let’s check together, why is crypto down today and what are the technical price predictions for Bitcoin, Ethereum, Ripple and Dogecoin.

让我们一起来看看为什么今天加密货币下跌以及比特币、以太坊、瑞波币和狗狗币的技术价格预测是什么。

Why Is Crypto Crashing?

为什么加密货币会崩溃？

The cryptocurrency market has had a challenging period over the past day and week. Both Bitcoin and major altcoins, including Ethereum, XRP, and Dogecoin, have experienced significant losses. During Monday's session, Bitcoin's price briefly dipped below $94,000. While it has since recovered somewhat to $95,800, it still shows an 8.5% decline over the past week.

在过去的一天和一周里，加密货币市场经历了一段充满挑战的时期。比特币和主要山寨币，包括以太坊、XRP 和狗狗币，都经历了重大损失。周一交易时段，比特币价格短暂跌破 94,000 美元。虽然此后有所回升至 95,800 美元，但过去一周仍下跌 8.5%。

Ethereum has seen even steeper losses, dropping nearly 16% during the same period, with its current price hovering around $3,300. XRP has declined by 8% and now trades at $2.20. Meanwhile, the meme-inspired Dogecoin, which ranks as the seventh-largest cryptocurrency by market capitalization, has shed 21% of its value, currently trading at $0.31.

以太坊的跌幅更大，同期下跌近 16%，目前价格徘徊在 3,300 美元左右。 XRP 下跌了 8%，目前交易价格为 2.20 美元。与此同时，受 meme 启发的狗狗币 (Dogecoin) 按市值排名第七大加密货币，其价值已下跌 21%，目前交易价格为 0.31 美元。

These declines in major cryptocurrencies have negatively impacted the total market capitalization, which now stands at just over $3.3 trillion - the lowest level in a month.

主要加密货币的下跌对总市值产生了负面影响，目前总市值略高于 3.3 万亿美元，为一个月来的最低水平。

The Fear and Greed Index for cryptocurrencies, which had consistently remained at extremely high greed levels, has now moved closer to 50, indicating a neutral market sentiment. This suggests investors are currently in a wait-and-see mode, neither panicking about dramatic drops nor eagerly buying the dip.

加密货币的恐惧和贪婪指数一直保持在极高的贪婪水平，目前已接近 50，表明市场情绪处于中性。这表明投资者目前处于观望状态，既不会对大幅下跌感到恐慌，也不会急于逢低买入。

Liqudiations: Almost $300M in Crypto Leveraged Positions Gone

清算：近 3 亿美元的加密货币杠杆头寸消失

Despite the market downturn, there hasn't been a significant surge in leveraged position liquidations over the past 24 hours. According to Coinglass data, $283 million in leveraged positions were liquidated, with $191 million in long positions and $92 million in short positions.

尽管市场低迷，但过去24小时内杠杆头寸平仓并未大幅激增。 Coinglass 数据显示，2.83 亿美元的杠杆头寸被清算，其中多头头寸 1.91 亿美元，空头头寸 9200 万美元。

This indicates that those betting on stronger gains for Bitcoin, Ethereum, XRP, Dogecoin, and Solana have suffered the most losses, being forced to close their positions as the market moved south. Bitcoin and Ethereum dominated the liquidations, each seeing around $42 million in long positions and approximately $19-20 million in short positions liquidated.

这表明那些押注比特币、以太坊、XRP、狗狗币和 Solana 上涨的人遭受了最大的损失，随着市场下跌而被迫平仓。比特币和以太坊在清算中占据主导地位，各有约 4200 万美元的多头头寸和约 19-2000 万美元的空头头寸被清算。

Federal Reserve Factor, Why Is Crypto Down Today?

美联储因素，为什么加密货币今天下跌？

The Federal Reserve's recent monetary policy stance has significantly impacted the market. While the Fed cut rates by 0.25%, Fed Chair Powell's cautious statements about future rate cuts and emphasis on maintaining restrictive policy to control inflation spooked investors. The Fed's projection of only two rate cuts in 2025 was less aggressive than markets had hoped.

美联储近期的货币政策立场对市场产生了重大影响。虽然美联储降息0.25%，但美联储主席鲍威尔对未来降息的谨慎言论以及强调维持限制性政策以控制通胀的做法令投资者感到不安。美联储对 2025 年仅两次降息的预测没有市场预期那么激进。

The Fed's decision had a substantial impact on the cryptocurrency market. When it was announced last Wednesday, Bitcoin slid from near its historic highs, losing almost 6% in a single day. The current monthly lows continue to be a direct consequence of Powell's announcements.

美联储的决定对加密货币市场产生了重大影响。上周三消息公布后，比特币从历史高位附近回落，单日下跌近 6%。目前的月度低点仍然是鲍威尔声明的直接后果。

Global liquidity conditions are tightening, with central banks reducing their balance sheets and rising bond market volatility making conditions unfavorable for risk assets. This has particularly affected Bitcoin and other cryptocurrencies, which are sensitive to liquidity changes.

全球流动性状况正在收紧，各国央行缩减资产负债表，债券市场波动性加大，对风险资产不利。这尤其影响了比特币和其他对流动性变化敏感的加密货币。

Crypto Technical Analysis: Bitcoin, Ethereum, Dogecoin and XRP

加密货币技术分析：比特币、以太坊、狗狗币和 XRP

From a technical analysis perspective, Bitcoin's long-term outlook remains relatively stable. BTC is retesting local support just below $93,500, a level that has been regularly tested since late November.

从技术分析的角度来看，比特币的长期前景仍然相对稳定。 BTC 正在重新测试略低于 93,500 美元的本地支撑位，该水平自 11 月底以来一直在定期测试。

This support coincides with the local peaks established on November 13, when this level marked a new record high. Currently, Bitcoin faces crucial technical support, reinforced by the round number of $92,000 and the 50-day exponential moving average. The psychological barrier of $90,000 lies just below, which bulls are likely to defend strongly.

该支撑位与 11 月 13 日建立的局部峰值一致，当时该水平创下了新的历史高点。目前，比特币面临着关键的技术支撑，92,000 美元整数关口和 50 天指数移动平均线进一步强化了比特币的技术支撑。 90,000 美元的心理关口就位于下方，多头可能会强力捍卫该关口。

In my opinion, buyers should only become concerned about Bitcoin's future if the price drops below $74,000, where the 200-day exponential moving average intersects with support levels from October 29. Key resistance levels are at $100,000 (psychological), $104,000 (October 5 highs), and $108,000 (current all-time high from December 16-17).

在我看来，只有当价格跌破 74,000 美元（200 天指数移动平均线与 10 月 29 日以来的支撑位相交）时，买家才应该担心比特币的未来。关键阻力位为 100,000 美元（心理）、104,000 美元（10 月 5 日高点） ）和 108,000 美元（12 月 16 日至 17 日的当前历史新高）。

Ethereum is currently testing support at the 61.8% Fibonacci retracement level

以太坊目前正在测试 61.8% 斐波那契回撤位的支撑位