加密货币崩溃：比特币跌破关键阈值，引发抛售

比特币从 50 日移动均线大幅下跌，表明加密货币交易者的看跌情绪。分析师认为，这一走势表明空头正在为进一步的攻击做准备，尽管多头对比特币近期减半后的长期前景充满信心。

Crypto Market Takes a Hit as Bitcoin Slides Below Crucial Moving Average

随着比特币跌破关键移动平均线，加密货币市场受到打击

In a significant shift in market sentiment, Bitcoin has plummeted below its 50-day moving average, a technical indicator that has historically signaled bearish strength. This development has sent ripples through the crypto trading community, with analysts warning of a potential sell-off.

市场情绪发生重大转变，比特币已跌破 50 日移动均线，该技术指标历来表明看跌势头。这一事态发展在加密货币交易界引起了轩然大波，分析师警告称，可能会出现抛售。

"This drop below the moving average is a clear indication of the bears regaining control," said Alex Kuptsikevich, an analyst at brokerage firm FxPro. "Traders are taking this as a bearish signal, and we can expect further downward pressure on Bitcoin in the coming days."

经纪公司 FxPro 分析师 Alex Kuptsikevich 表示：“跌破移动平均线清楚表明空头重新获得控制权。” “交易员将此视为看跌信号，我们预计未来几天比特币将面临进一步下行压力。”

The current price action marks a setback for Bitcoin, which has repeatedly failed to reclaim its all-time high near $74,000 set in mid-March. While bulls remain optimistic about the long-term trajectory of the cryptocurrency, particularly in light of last week's "halving" event, the near-term outlook appears increasingly bearish.

目前的价格走势标志着比特币的一次挫折，比特币多次未能恢复 3 月中旬创下的近 74,000 美元的历史高点。尽管多头对加密货币的长期轨迹保持乐观，特别是考虑到上周的“减半”事件，但近期前景似乎越来越悲观。

The halving, a programmatic change in Bitcoin's monetary policy, reduces the issuance of new tokens by half. In theory, this should support prices by restricting supply while demand remains constant. However, the immediate impact of this event has been overshadowed by broader market dynamics.

减半是比特币货币政策的一项程序性改变，将新代币的发行量减少了一半。理论上，这应该会在需求保持不变的情况下限制供应来支撑价格。然而，这一事件的直接影响被更广泛的市场动态所掩盖。

Catalysts driving the stock market are also exerting a significant influence on cryptocurrencies, with Bitcoin exhibiting strong correlations to the S&P 500 and Nasdaq indices. On Thursday, futures tracking these major indexes declined, dragged down by a drop in Meta Platforms stock after the tech giant's earnings release. Similar movements in Alphabet and Microsoft, which are set to report later in the day, could further impact crypto prices.

推动股市的催化剂也对加密货币产生了重大影响，比特币与标准普尔 500 指数和纳斯达克指数表现出很强的相关性。周四，追踪这些主要指数的期货下跌，受到科技巨头 Meta Platforms 财报发布后股价下跌的拖累。 Alphabet 和微软的类似走势将于当天晚些时候发布报告，可能会进一步影响加密货币价格。

Investors are also closely monitoring macroeconomic news, including the release of first-quarter U.S. gross domestic product (GDP) data. A weaker-than-expected GDP reading could fuel expectations for more aggressive monetary tightening by the Federal Reserve, potentially weighing on risk assets such as cryptocurrencies.

投资者也在密切关注宏观经济消息，包括美国第一季度国内生产总值（GDP）数据的发布。 GDP数据弱于预期可能会加剧人们对美联储采取更激进货币紧缩政策的预期，从而可能给加密货币等风险资产带来压力。

Beyond Bitcoin, the broader crypto market also suffered losses. Ether, the second-largest cryptocurrency by market capitalization, dropped 5% to $3,100. Smaller tokens fared even worse, with Solana slumping 8% and Ripple retreating 5%. Memecoins, such as Dogecoin and Shiba Inu, were not spared, each shedding 8%.

除了比特币之外，更广泛的加密市场也遭受了损失。按市值计算的第二大加密货币以太币下跌 5%，至 3,100 美元。较小的代币表现更糟，Solana 下跌 8%，Ripple 下跌 5%。狗狗币和柴犬币等 Memecoin 也未能幸免，均下跌 8%。

This latest decline in crypto prices highlights the volatility and risk inherent in these assets. While the long-term potential of cryptocurrencies remains a topic of debate, investors should be aware of the potential for significant price swings and proceed with caution when investing in this nascent asset class.

加密货币价格的最新下跌凸显了这些资产固有的波动性和风险。虽然加密货币的长期潜力仍然是一个争论的话题，但投资者应该意识到价格大幅波动的可能性，并在投资这一新兴资产类别时谨慎行事。