动荡中的加密货币市场：四月的血腥和前进的道路

加密货币市场在四月份暴跌，其中比特币领跌。 BNB 比其他货币坚挺，目前在 550 美元至 650 美元之间盘整。 Memecoin PEPE 在飙升后进行修正，目前有望突破 0.000008 美元上方。

Cryptocurrency Markets in Turmoil: April's Bloodbath and the Road Ahead

动荡的加密货币市场：四月的血战和未来的道路

The cryptocurrency market has endured a turbulent April, with widespread losses across the board. The total market capitalization has plummeted by over 20%, erasing the gains accumulated in March. Bitcoin, the industry behemoth, has led the downturn, shedding close to 15% of its value during the month.

加密货币市场经历了动荡的四月，全线普遍下跌。总市值暴跌超过20%，抹去了3月份积累的涨幅。比特币作为行业巨头，引领了这场低迷，本月其价值缩水了近 15%。

Amidst the turmoil, some digital assets have exhibited resilience, while others have succumbed to the selling pressure. Ethereum, the second-largest cryptocurrency by market cap, has suffered steeper losses than Bitcoin, declining by 20% in April. The meme coin market has also experienced mixed fortunes, with notable fluctuations in the value of popular tokens like PEPE.

在动荡中，一些数字资产表现出了韧性，而另一些则屈服于抛售压力。以太坊是市值第二大的加密货币，其损失比比特币更大，4 月份下跌了 20%。 Meme 币市场也经历了好坏参半，PEPE 等热门代币的价值出现了显着波动。

Ethereum: Key Support Level in Focus

以太坊：焦点关键支撑位

Ethereum's recovery attempt in the latter half of April proved short-lived as selling pressure intensified across the market. The cryptocurrency has relinquished its previous gains, bringing the critical $2,900 support level back into focus. Unable to hold above the $3,150 resistance, Ethereum has retested the Fib 0.618 ideal correction value.

由于市场抛售压力加剧，以太坊在 4 月下旬的复苏尝试被证明是短暂的。该加密货币已经回吐了之前的涨幅，使 2,900 美元的关键支撑位重新成为焦点。由于无法守住 3,150 美元阻力位，以太坊重新测试了 Fib 0.618 理想修正值。

Ethereum's reaction to Fibonacci levels, based on the 2024 uptrend, highlights the ongoing risk of a decline to $2,600, which aligns with the Fib 0.786 level. A clear daily candle formation below $2,900 could trigger such a decline.

基于 2024 年的上涨趋势，以太坊对斐波那契水平的反应凸显了跌至 2,600 美元的持续风险，该水平与斐波那契 0.786 水平一致。日线蜡烛形态低于 2,900 美元可能会引发这样的下跌。

However, if the $2,900 support holds, Ethereum could potentially revisit the $3,150 resistance. This level coincides with the intersection of fast and slow EMA values, suggesting a potential area of strong resistance. The falling trend line also aligns with this zone, emphasizing the need for a bullish breakout to reverse the current trend.

然而，如果 2,900 美元的支撑位保持不变，以太坊可能会重新触及 3,150 美元的阻力位。该水平与快速 EMA 值和慢速 EMA 值的交点一致，表明存在潜在的强阻力区域。下降趋势线也与该区域一致，强调需要看涨突破来扭转当前趋势。

Positive news flow, particularly regarding potential ETF developments in May, could provide the necessary catalyst for Ethereum to break through resistance points and target the $3,600 - $3,800 range. Conversely, key technical indicators maintain a bearish bias, suggesting that selling pressure could intensify if Ethereum falls below $2,900.

积极的消息流，特别是关于 5 月份潜在 ETF 开发的消息，可能为以太坊突破阻力点并瞄准 3,600 - 3,800 美元区间提供必要的催化剂。相反，关键技术指标保持看跌倾向，表明如果以太坊跌破 2,900 美元，抛售压力可能会加剧。

Binance Coin: Consolidation Phase Nearing Conclusion

币安币：整合阶段即将结束

Binance Coin (BNB) has shown relative strength compared to the broader market, exhibiting a decline of only 8% since April. This resilience can be attributed, in part, to the use of BNB as collateral in token offerings on the Binance Launchpool platform.

与大盘相比，币安币 (BNB) 表现出相对强势，自 4 月份以来仅下跌 8%。这种弹性在一定程度上可以归因于币安 Launchpool 平台上使用 BNB 作为代币发行的抵押品。

BNB is currently consolidating between $550 (corresponding to the 0.768 Fibonacci retracement level) and the 2021 peak of $650. While there have been brief dips below $550 support since March, there haven't been any weekly closes below this level. This has helped BNB maintain its overall bullish trend, further supported by the 8-week exponential moving average.

BNB 目前在 550 美元（对应于 0.768 斐波那契回撤位）和 2021 年峰值 650 美元之间盘整。尽管自 3 月份以来曾短暂跌破 550 美元支撑位，但每周收盘价均未低于该水平。这帮助BNB维持整体看涨趋势，并得到8周指数移动平均线的进一步支撑。

A weekly close below $550 could trigger a correction toward the $480 zone in the short term. On the upside, an intermediate resistance level exists around $605. If buying pressure pushes BNB to a weekly close above $605, it could potentially lead to a surge towards $770 after surpassing the previous peak of $650.

周收盘价低于 550 美元可能会在短期内触发向 480 美元区域的修正。上行方面，中间阻力位位于 605 美元附近。如果买盘压力推动 BNB 每周收盘价高于 605 美元，则可能会导致 BNB 在突破之前的峰值 650 美元后飙升至 770 美元。

PEPE: Support Levels to Watch for Rebound

PEPE：观察反弹的支撑位

PEPE/USD entered a correction phase starting from the second half of March, following a rapid increase in February and March. The cryptocurrency found support at an average price of $0.00000492, suggesting a healthy correction aligned with the Fibonacci retracement level of 0.618.

PEPE/美元继2月、3月快速上涨后，从3月下旬开始进入回调阶段。该加密货币在平均价格 0.00000492 美元处找到支撑，表明与斐波那契回撤位 0.618 一致的健康修正。

In April, PEPE attempted to break the short-term downtrend line while finding support around the $0.000007 zone. Ideally, a move above $0.000008 would signal an exit from the correction phase. Daily closes above $0.00000830 within this zone could lead to further recovery towards the $0.00001 - $0.000011 range.

4 月份，PEPE 试图突破短期下降趋势线，同时在 0.000007 美元区域附近找到支撑。理想情况下，突破 0.000008 美元将标志着退出修正阶段。每日收盘价在该区域内高于 0.00000830 美元可能会导致进一步反弹至 0.00001 - 0.000011 美元区间。

Conversely, daily closes below $0.000006 could trigger a decline to the $0.00000560 support level. Weekly closes below this level raise the possibility of a more significant drop.

相反，每日收盘价低于 0.000006 美元可能会引发跌至 0.00000560 美元支撑位。每周收盘价低于该水平可能会导致更大幅度的下跌。

Conclusion: Navigating the Crypto Market's Volatility

结论：应对加密货币市场的波动

The recent market downturn highlights the volatility inherent in the cryptocurrency market. While some digital assets have exhibited resilience, investors should be prepared for further fluctuations in the months ahead. Careful technical analysis, coupled with a thorough understanding of market dynamics, is crucial for navigating this challenging environment. Long-term investors should consider dollar-cost averaging their purchases to mitigate the impact of market swings.

最近的市场低迷凸显了加密货币市场固有的波动性。尽管一些数字资产表现出弹性，但投资者应该为未来几个月的进一步波动做好准备。仔细的技术分析，加上对市场动态的透彻了解，对于应对这一充满挑战的环境至关重要。长期投资者应考虑平均购买成本，以减轻市场波动的影响。