加密货币市场下跌，比特币面临阻力和整合

加密货币市值已跌至 2.63 万亿美元，顶级代币走势平淡。比特币在短暂突破 7.15 万美元后面临抛售，跌破 6.9 万美元。尽管 3 月份比特币上涨了 15.4%，但比特币在可能上涨之前还需要确认盘整。加密鲸鱼上周购买了 100,000 BTC，而比特币期货的未平仓合约达到创纪录的 380 亿美元。监管讨论仍在继续，美国商品期货交易委员会和美国证券交易委员会强调了加密货币分类的不同方法。

Cryptocurrency Market Registers Slight Decline, Bitcoin Faces Resistance

加密货币市场小幅下跌，比特币面临阻力

April 25, 2023 - The cryptocurrency market has experienced a slight dip, with the total capitalization falling to $2.63 trillion, marking the lower end of the weekly range. Leading coins have exhibited mixed performance over the past 24 hours.

2023 年 4 月 25 日——加密货币市场小幅下跌，总市值跌至 2.63 万亿美元，为周区间下限。过去 24 小时内，主要代币的表现好坏参半。

Top Coins Show Mixed Results

顶级代币的结果好坏参半

Bitcoin (BTC), the market leader, has suffered a decline of approximately 0.9%, underperforming the broader market. Ethereum (ETH) and Binance Coin (BNB) have also witnessed losses, dropping by 1.9% and 3%, respectively.

市场领头羊比特币（BTC）下跌约 0.9%，表现逊于大盘。以太坊（ETH）和币安币（BNB）也出现下跌，分别下跌 1.9% 和 3%。

In contrast, Solana (SOL) and Dogecoin (DOGE) have recorded gains of 1.4% and 0.5%. Toncoin (TON) has also performed strongly, posting a rise of 2%.

相比之下，Solana (SOL) 和 Dogecoin (DOGE) 的涨幅分别为 1.4% 和 0.5%。 Toncoin (TON) 也表现强劲，上涨了 2%。

Bitcoin Faces Consolidation and Resistance

比特币面临整合和阻力

Bitcoin has encountered renewed selling pressure after briefly exceeding the $71,500 mark. The subsequent decline pushed BTCUSD below $69,000 during the early hours of European trading. This sharp drop denotes a significant shift from the upper to the lower boundary of the six-day trading range. Analysts attribute this volatility to reduced liquidity due to the Easter holiday weekend.

比特币在短暂突破 71,500 美元大关后再次遭遇抛售压力。随后的下跌使 BTCUSD 在欧洲交易早盘时段跌破 69,000 美元。此次大幅下跌表明六日交易区间的上限发生了重大转变。分析师将这种波动归因于复活节假期周末造成的流动性减少。

Despite the recent setback, some analysts view the dip as a necessary consolidation phase following a period of strong growth. However, previous false starts have served as a cautionary tale, and traders await confirmation of Bitcoin's completion of consolidation. A sustained move above $71,500 would provide such confirmation.

尽管最近遭遇挫折，但一些分析师认为，这次下跌是强劲增长期之后必要的盘整阶段。然而，之前的错误开始起到了警示作用，交易者正在等待比特币完成整合的确认。持续突破 71,500 美元将提供这样的确认。

March proved to be a bullish month for Bitcoin, with a gain of 15.4% pushing it to an all-time high of $70,900. Seasonally, April has historically been favorable for the top cryptocurrency, with an average rise of 21.6% over the past 13 years.

事实证明，3 月份对比特币来说是一个看涨的月份，涨幅为 15.4%，将其推至历史新高 70,900 美元。从季节性来看，4 月历来对顶级加密货币有利，过去 13 年平均上涨 21.6%。

Market Dynamics

市场动态

CryptoQuant data indicates a surge in monthly demand for BTC in 2024, rising from 40,000 to 213,000 coins. Simultaneously, the supply of available Bitcoins has dwindled to 2.7 million, the lowest level in four years, suggesting market tightness.

CryptoQuant 数据显示，2024 年 BTC 的月度需求激增，从 40,000 个增至 213,000 个。与此同时，可用比特币的供应量已减少至 270 万枚，为四年来的最低水平，表明市场紧张。

Recent analysis from Santiment reveals that crypto whales acquired 100,000 BTC last week, amounting to over $7 billion in total. Additionally, open interest in Bitcoin futures has reached a record high of $38 billion, a $12 billion increase over the month, according to GoinGlass.

Santiment 最近的分析显示，加密鲸鱼上周购买了 100,000 BTC，总价值超过 70 亿美元。此外，根据 GoinGlass 的数据，比特币期货的未平仓合约已达到 380 亿美元的历史新高，本月增加了 120 亿美元。

Regulatory Landscape

监管环境

Commissioner Caroline Pham of the Commodity Futures Trading Commission (CFTC) has highlighted the challenges in classifying cryptocurrencies and the complexities of cross-jurisdictional collaboration between the CFTC and the Securities and Exchange Commission (SEC) in the recent lawsuit involving cryptocurrency exchange KuCoin.

商品期货交易委员会 (CFTC) 专员 Caroline Pham 在最近涉及加密货币交易所 KuCoin 的诉讼中强调了加密货币分类的挑战以及 CFTC 和证券交易委员会 (SEC) 之间跨司法管辖区合作的复杂性。

Former CIA contractor Edward Snowden has expressed optimism about Coinbase's chances in its ongoing legal battle with the SEC.

前中央情报局承包商爱德华·斯诺登对 Coinbase 在与 SEC 正在进行的法律斗争中的机会表示乐观。

Industry Discord

行业不和谐

Forbes has recently questioned the utility of the Ripple ecosystem, particularly the XRP Ledger (XRPL) and the XRP token. This assessment, which also included other blockchains such as Cardano, Bitcoin Cash, Litecoin, and Stellar, has sparked controversy within the crypto community.

福布斯最近质疑 Ripple 生态系统的实用性，特别是 XRP Ledger (XRPL) 和 XRP 代币。这项评估还包括卡尔达诺、比特币现金、莱特币和恒星币等其他区块链，在加密货币社区内引发了争议。