由于投资者对经济不确定性和持续的贸易战争的反应，加密市场仍处于压力下

随着投资者对经济不确定性和持续的贸易战问题的反应，加密市场仍处于压力下。比特币，目前交易约84,000美元

The crypto market continues to face headwinds as investors digest ongoing economic uncertainties and the latest developments in the U.S.-China trade war. Bitcoin (BTC) slipped 0.32% over the past 24 hours to $83,894.6 at 08:28 ET (12:28 GMT). Meanwhile, the world’s biggest cryptocurrency saw a period of correction alongside the broader crypto market, with total market capitalization climbing 2.44% to $2.76 trillion.

随着投资者消化正在进行的经济不确定性和美中贸易战的最新发展，加密市场继续面临逆风。比特币（BTC）在过去24小时内下跌0.32％，至$ 83,894.6，在08:28 ET（GMT 12:28）。同时，全球最大的加密货币与更广泛的加密货币市场一起进行了一段更正，总市值攀升了2.44％，至2.76万亿美元。

As some sellers are pulling back, there is some uncertainty over whether the current rebound can hold.

随着一些卖家的退缩，目前的反弹是否可以保持不确定性。

Analyst Predicts 90-Day Bear Market

分析师预测90天的熊市

Market analyst Timothy Peterson predicts that Bitcoin’s recent downturn is relatively mild in comparison to past bear markets. Characterized by a 20% decline from all-time highs, this pullback is weaker in magnitude than historical declines and is expected to last only 90 days.

市场分析师蒂莫西·彼得森（Timothy Peterson）预测，与过去的熊市相比，比特币最近的下滑相对温和。该回调的幅度比历史上的下降较弱，预计仅持续90天。

Examining ten previous bear markets, analyst Timothy Peterson observed that only four were worse in terms of duration—2018, 2021, 2022, and 2024. Despite short-term price drops, Bitcoin’s adoption trends remain strong, rendering a deep decline below $50,000 unlikely.

分析师蒂莫西·彼得森（Timothy Peterson）检查了十个以前的熊市市场，只有四个持续时间较差，即2018年，2021年，2022年和2024年。尽管短期价格下跌，比特币的采用趋势仍然很强劲，使高于50,000美元以下的深度下降。

Moreover, Peterson suggests that BTC may not fall below $80,000 considering the momentum. He predicts a possible slide over the next 30 days, followed by a 20-40% rally after April 15. This rally could bring renewed investor interest and push Bitcoin to new highs.

此外，彼得森认为，考虑到这一势头，BTC可能不会低于80,000美元。他预测，在接下来的30天内可能会幻灯片，然后在4月15日之后举行20-40％的集会。这次集会可能会使新的投资者的兴趣并将比特币推向新高。

Trade War Fears Impact Investor Sentiment

贸易战恐惧影响投资者的情绪

The recent bloodbath was caused due to U.S. President Donald Trump’s new tariffs on multiple trading partners. These tariffs have triggered retaliatory measures across the globe, raising concerns of a prolonged trade war.

最近的血液是由于美国总统唐纳德·特朗普（Donald Trump）对多个贸易伙伴的新关税造成的。这些关税引发了全球的报复措施，引起了人们对一场延长贸易战争的担忧。

Investors are now pulling back from riskier assets, including cryptocurrencies, as macroeconomic conditions are not favorable. In the meantime, Data from Glassnode’s Hot Supply metric, which tracks BTC held for a week or less, shows a sharp decline from 5.9% in November 2024 to 2.3% in March 2025. This suggests a drop in speculative trading and highlights weak market sentiment.

现在，投资者正在从包括加密货币在内的风险较高的资产中退缩，因为宏观经济条件不利。同时，跟踪BTC持有一周或更短的BTC的Hot Supply Metric的数据显示，从2024年11月的5.9％下降到2025年3月的2.3％。这表明投机性交易下降，强调市场情绪疲软。

Nansen research analyst Nicolai Sondergaard warns that crypto markets may face trade war-related pressures until at least April 2025, when negotiations could ease tensions.

Nansen研究分析师Nicolai Sondergaard警告说，加密市场可能会面临与贸易有关的压力，直到至少2025年4月，届时谈判可以缓解紧张局势。

Retail Traders Already Invested, Limiting Further Gains

零售商人已经投资，限制了进一步的收益

Another factor putting pressure on Bitcoin’s price is the lack of fresh retail investment. According to CryptoQuant, most retail traders are already exposed to BTC, reducing hopes of a sudden influx of capital to drive prices up.

给比特币价格施加压力的另一个因素是缺乏新的零售投资。据CryptoQuant称，大多数零售商人已经接触到BTC，从而减少了突然涌入资本以推动价格上涨的希望。

Plus, the narrative of Bitcoin as a safe haven asset is being challenged, as its price has reacted negatively to tariff news, falling alongside other risk assets. Regulatory challenges also persist, with experts predicting that U.S. crypto banking restrictions could last until January 2026, despite efforts to push for clearer regulations.

另外，比特币作为避风港资产的叙述正在受到挑战，因为其价格对关税新闻的反应负面反应，并与其他风险资产一起落下。监管挑战也持续存在，专家预测，尽管努力努力制定更清晰的法规，但美国加密银行业务限制可能会持续到2026年1月。