加密市场低迷：比特币跌破64,000美元，拖累股市

Is the Cryptocurrency Market on a Downward Spiral?

加密货币市场正在螺旋式下降吗？

The cryptocurrency market ended the week with a whimper, as Bitcoin (BTC) once again dipped below $64,000, dragging altcoins down with it. Traders, sensing an opportunity to cash in their profits ahead of the next big surge, fueled the sell-off.

加密货币市场本周以低迷结束，比特币 (BTC) 再次跌破 64,000 美元，拉低了山寨币的价格。交易员意识到在下一次大幅上涨之前有机会兑现利润，从而加剧了抛售。

Stock Market Feels the Pressure

股市感受到压力

Stocks also faced headwinds after a Thursday rally that pushed all three major indexes to record highs on hopes of lower interest rates. By the closing bell, the S&P and Dow had retreated into negative territory, down 0.14% and 0.77%, respectively. The Nasdaq managed to eke out a 0.16% gain, salvaging the day.

由于利率下降的希望，周四的上涨推动所有三大股指创下历史新高，股市也面临阻力。截至收盘，标准普尔和道指均回落至负值区域，分别下跌 0.14% 和 0.77%。纳斯达克指数勉强上涨 0.16%，挽救了当天的局面。

Crypto vs. Stocks: A Tale of Two Markets

加密货币与股票：两个市场的故事

Despite the fanfare surrounding stocks' record highs, crypto enthusiasts couldn't resist a sly dig. While Bitcoin has plummeted over 13% from its recent peak, the S&P has only dipped by about 0.5%. Since 2014, Bitcoin has soared by a staggering 29,000%, dwarfing the S&P's 195% gain and gold's 91.5% appreciation.

尽管股市创下历史新高，但加密货币爱好者还是无法抗拒狡猾的挖掘。虽然比特币较近期峰值暴跌超过 13%，但标准普尔指数仅下跌约 0.5%。自2014年以来，比特币已经飙升了惊人的29,000%，令标准普尔指数195%的涨幅和黄金91.5%的升值相形见绌。

Bitcoin's Technical Picture: A Mixed Bag

比特币的技术图景：鱼龙混杂

At the time of writing, BTC is trading around $63,570, down 2.3% over the past 24 hours. Market analyst CryptoChiefs sees a glimmer of hope in the formation of an inverse head and shoulders pattern, with resistance at the Monday low of $65.6k.

截至撰写本文时，BTC 交易价格约为 63,570 美元，过去 24 小时内下跌 2.3%。市场分析师 CryptoChiefs 看到了反向头肩形态形成的一线希望，阻力位为周一低点 65,600 美元。

Institutional Appetite Remains Strong

机构兴趣依然强劲

Despite the price decline, CryptoQuant analyst Poppe points to BlackRock's consistent inflows into the Spot Bitcoin ETF as evidence of continued institutional buying. This suggests that the current cycle is far from over.

尽管价格下跌，CryptoQuant 分析师 Poppe 指出，贝莱德持续流入现货比特币 ETF，作为机构持续买入的证据。这表明当前周期远未结束。

Altcoin Market: Winners and Losers

山寨币市场：赢家和输家

In the altcoin realm, DeXe (DEXE) emerged as the frontrunner with a 21.9% surge, followed by DAO Maker (DAO) with a 16.2% jump and Aptos (APT) with an 11.5% gain. Echelon Prime (PRIME), on the other hand, tumbled by 9.3%, while Raydium (RAY) and Flux (FLUX) shed 8% and 7.7%, respectively.

在山寨币领域，DeXe (DEXE) 以 21.9% 的涨幅成为领跑者，其次是 DAO Maker (DAO)，上涨 16.2%，Aptos (APT) 上涨 11.5%。另一方面，Echelon Prime (PRIME) 下跌 9.3%，Raydium (RAY) 和 Flux (FLUX) 分别下跌 8% 和 7.7%。

Overall Market Sentiment: A Wait-and-See Approach

整体市场情绪：观望态度

The total cryptocurrency market capitalization currently stands at $2.43 trillion, with Bitcoin's dominance hovering around 51.7%. Traders are cautiously watching the market, anticipating the next major move. While the recent pullback has dampened spirits, the long-term outlook for crypto remains bullish, with many analysts predicting further upside potential in the months to come.

目前加密货币总市值为2.43万亿美元，其中比特币的主导地位徘徊在51.7%左右。交易员正在谨慎关注市场，预计下一步的重大走势。尽管最近的回调打击了人们的情绪，但加密货币的长期前景仍然看涨，许多分析师预测未来几个月还有进一步的上涨潜力。