加密货币市场因期货清算 4 亿美元而暴跌

4 月 1 日，加密货币市场出现大幅下跌，比特币和以太坊分别下跌 4.5% 和 4.1%。这导致大约 4 亿美元的期货头寸被清算，其中主要是多头头寸。其他高市值代币也遭受损失，Solana、Dogecoin 和 Dogwifhat 分别下跌 5%、9.1% 和 10.1%。市场情绪已从自信转变为犹豫不决，监测潜在复苏或进一步下跌的关键价格区域包括比特币 72,000 美元和以太坊 3,700 美元。

Crypto Market Suffers Heavy Price Correction, Futures Liquidations Hit $400 Million

加密市场价格大幅调整，期货清算额达4亿美元

The cryptocurrency market experienced a significant downturn on Tuesday, April 1st, as the price of Bitcoin (BTC) and Ethereum (ETH) plummeted by 4.5% and 4.1%, respectively. This price correction triggered a wave of liquidations in the futures market, with over $400 million worth of long positions liquidated in the past 24 hours.

4 月 1 日星期二，加密货币市场经历了大幅下滑，比特币 (BTC) 和以太坊 (ETH) 的价格分别暴跌 4.5% 和 4.1%。这次价格调整引发了期货市场的一波清算浪潮，过去24小时内清算了价值超过4亿美元的多头头寸。

The sell-off extended beyond Bitcoin and Ethereum, as most other cryptocurrencies in the top 100 by market capitalization suffered losses. Solana (SOL) dropped by 5%, Dogecoin (DOGE) by 9.1%, and Dogwifhat (WIF) by 10.1%.

抛售范围超出了比特币和以太坊，市值排名前 100 名的大多数其他加密货币都遭受了损失。 Solana (SOL) 下跌 5%，Dogecoin (DOGE) 下跌 9.1%，Dogwifhat (WIF) 下跌 10.1%。

The "CryptoBubbles" chart shows that other popular cryptocurrencies such as Avalanche, Binance Coin, Chainlink, Cardano, Polkadot, Near, Tron, Ripple, and many others also experienced negative performance in the last 24 hours.

“CryptoBubbles”图表显示，其他流行的加密货币，如 Avalanche、Binance Coin、Chainlink、Cardano、Polkadot、Near、Tron、Ripple 等在过去 24 小时内也经历了负面表现。

Futures Liquidations Dampen Bullish Sentiment

未来的清算会抑制看涨情绪

The liquidations observed in the crypto futures market have shifted investors' bias from confident to hesitant. According to Coinglass, over $324 million of bullish positions were liquidated in the past 24 hours, while bearish positions suffered losses of only $80 million.

加密货币期货市场上观察到的清算已经使投资者的偏见从自信转变为犹豫不决。 Coinglass 的数据显示，过去 24 小时内，超过 3.24 亿美元的看涨头寸被平仓，而看跌头寸仅损失 8000 万美元。

The largest liquidation occurred on the ETH-USD market on OKX, where a single trader experienced a forced closure of a $7.48 million trade.

最大规模的清算发生在 OKX 的 ETH-USD 市场，单个交易者的 748 万美元交易被强制平仓。

While last night's shakeout was not the most significant in recent times, it underscores the ongoing volatility in the crypto market and the high risks associated with leverage trading.

虽然昨晚的震荡并不是近期最严重的，但它突显了加密货币市场的持续波动以及与杠杆交易相关的高风险。

Key Settlement Levels to Monitor

需要监控的关键结算水平

Despite the recent dip, the funding rate of futures remains positive, suggesting that the potential for a price recovery remains.

尽管最近有所下跌，但期货的融资利率仍然为正，表明价格复苏的潜力仍然存在。

On Bitcoin, the key levels to watch are $72,000 and $63,000. If BTC manages to rise above $72,000, over $2.3 billion in potential liquidations from short-sellers will be triggered. However, if BTC falls below $63,000, it could trigger $450 million in liquidations from long-position holders.

就比特币而言，值得关注的关键水平是 72,000 美元和 63,000 美元。如果 BTC 成功升至 72,000 美元以上，将触发卖空者超过 23 亿美元的潜在清算。然而，如果 BTC 跌破 63,000 美元，可能会引发多头头寸持有者 4.5 亿美元的清算。

For Ethereum, the key levels to watch are $3,700 and $3,000. A move above $3,700 would result in approximately $300 million in short-seller liquidations, while a drop below $3,000 could trigger $100 million in long-position liquidations.

对于以太坊来说，值得关注的关键水平是 3,700 美元和 3,000 美元。突破 3,700 美元将导致约 3 亿美元的卖空清算，而跌破 3,000 美元则可能引发 1 亿美元的多头清算。

Conclusion

结论

The recent price correction in the crypto market has dampened the bullish sentiment that had driven the market higher in recent months. Futures liquidations worth $400 million have exacerbated the sell-off and introduced a note of caution among investors.

加密货币市场最近的价格调整削弱了近几个月推动市场走高的看涨情绪。价值 4 亿美元的期货清算加剧了抛售，并引起了投资者的警惕。

However, the key settlement levels outlined above suggest that a recovery is still possible. If Bitcoin and Ethereum can hold their support levels, it could trigger a wave of short-seller liquidations and push the market back into a bullish trend. Conversely, if these levels are breached, it could lead to further declines and a continuation of bearish conditions.

然而，上述关键结算水平表明复苏仍有可能。如果比特币和以太坊能够守住支撑位，可能会引发一波卖空者清算浪潮，推动市场重新回到看涨趋势。相反，如果突破这些水平，可能会导致进一步下跌和看跌状况持续。

Traders and investors are advised to closely monitor the market dynamics and manage their risk exposure accordingly.

建议交易者和投资者密切关注市场动态并相应管理风险敞口。