选举炒作随着加密货币贸易较低而淡出

最近的一项分析表明，加密交易所二元公司的加密货币中有70％的交易现在低于其前选举价格。

A recent analysis has shown that 70% of cryptocurrencies on the crypto exchange Binance are now trading below their pre-US election prices.

最近的分析表明，加密交易所二手货币的70％的加密货币现在正在低于其前选举价格的交易。

This finding contrasts with the broader market sentiment, which has been largely bullish in recent months. The disparity signifies a disconnect between perceived momentum and actual price performance, raising questions about the true state of the crypto market.

这一发现与更广泛的市场情绪形成鲜明对比，这在近几个月来基本上是看好的。差异表示感知到的动量与实际价格绩效之间的脱节，从而提出了有关加密市场的真实状态的问题。

Election Hype Fades as Cryptocurrencies Trade Lower

选举炒作随着加密货币贸易较低而淡出

In an X post, analyst ltrd examined price movements of cryptocurrencies before and after the elections, offering a clearer picture of actual market performance.

在X帖子中，分析师LTRD检查了选举之前和之后的加密货币的价格变动，从而更清楚地了解了实际市场绩效。

“Nearly 70% of coins are now trading lower than they were before the elections!” the post read.

“现在将近70％的硬币的交易低于选举之前的交易！”帖子阅读。

While some coins surged significantly, the majority have struggled to maintain their value. The analyst outlined Hedera (HBAR), XRP (XRP), Mantra (OM), Stellar (XLM), and VeThor (VTHO) as the top-performing assets.

尽管有些硬币大幅飙升，但大多数硬币一直在努力维持其价值。分析师概述了HEDERA（HBAR），XRP（XRP），Mantra（OM），Stellar（XLM）和Vethor（VTHO）是表现最佳的资产。

In contrast, some assets experienced sharp declines. This list included Nerio (NEIRO) and THORChain (RUNE), BOOK OF MEME (BOME), ConstitutionDAO (PEOPLE), and dogwifhat (WIF).

相比之下，一些资产的急剧下降。该列表包括Nerio（Neiro）和Thorchain（符文），Meme（Bome），Constitutiondao（People）和Dogwifhat（Wif）。

One of the most interesting revelations from the analyst’s data was the timing of market peaks.

分析师数据中最有趣的启示之一是市场峰的时机。

“It turns out the crucial period for traders was between December 3rd and December 9th—almost 80% of coins hit their peak during this short window,” he examined.

他检查说：“事实证明，交易者的关键时期是在12月3日至12月9日之间，几乎80％的硬币在这个短窗口达到了高峰。”

According to the analyst, this narrow window suggested that the market is highly correlated, with most tokens reaching their peak within a short timeframe. Furthermore, he also emphasized the importance of timing in trading, as market opportunities can vanish within days.

根据分析师的说法，这个狭窄的窗口建议市场高度相关，大多数令牌在短时间内达到了顶峰。此外，他还强调了交易时机的重要性，因为市场机会在几天之内就会消失。

TRUMP Coin Frenzy Drains Liquidity

特朗普硬币疯狂耗尽流动性

Meanwhile, many investors had expected that Donald Trump’s election victory would trigger a new bull run for cryptocurrencies. However, rather than boosting the market, the Official Trump (TRUMP) meme coin frenzy drained liquidity, leaving traders surprised.

同时，许多投资者期望唐纳德·特朗普（Donald Trump）的选举胜利将引发加密货币的新公牛。但是，特朗普（Trump）官方的模因硬币疯狂的流动性并没有提高市场，而是使交易者感到惊讶。

Crypto analyst Otto Suwen likened the current conditions to the 2022-2023 bear market.

加密分析师Otto Suwen将当前状况比作2022-2023熊市。

Suwen explained that many altcoins experienced a strong rally following Trump’s election victory. Yet, the momentum faded quickly.

Suwen解释说，在特朗普大选胜利之后，许多Altcoins经历了强烈的集会。然而，动力很快消失了。

Traders initially viewed the pullback as a natural retrace. Moreover, by early 2025, expectations were high for a seasonal surge, with retail traders rotating between different meme coin trends. However, the launch of the TRUMP token significantly impacted on-chain liquidity.

交易者最初将回调视为自然回顾。此外，到2025年初，人们对季节性激增的期望很高，零售商人在不同的模因硬币趋势之间旋转。但是，特朗普代币的推出极大地影响了链上的流动性。

Traders anticipated that profits from TRUMP would be reinvested into other assets. Nonetheless, the subsequent launch of the Melania Meme (MELANIA) token created further chaos.

交易者预计，特朗普的利润将被重新投资到其他资产中。尽管如此，随后的Melania Meme（Melania）代币的推出造成了进一步的混乱。

“Alts are massacred across the board. This isn’t your traditional 50% retrace either. It’s -90% on so many popular picks. Volume is looking bleak as well. We went from alt season being imminent to down only with a flip of a switch,” Suwen described.

“ Alts全面屠杀。这也不是您传统的50％回顾。这么多受欢迎的选择在-90％。音量看起来也很黯淡。我们从Alt季节开始到迫在眉睫，只有一盘开关。” Suwen说。

He added that Bitcoin (BTC) has yet to experience a major correction, raising concerns about additional volatility.

他补充说，比特币（BTC）尚未经历重大更正，引起了人们对额外波动的担忧。

“While I don’t think we have topped yet, this has been the hardest cycle I’ve experienced in 8 years,” he concluded.

他总结说：“虽然我认为我们还没有达到最高的成绩，但这是我8年来最艰难的周期。”

This sentiment aligns with other analysts’ concerns.

这种情绪与其他分析师的担忧保持一致。

“We wanted Trump to Pump the market for us and be a Crypto legend. Instead he and his wife launched shitcoin, Dumped on all of Crypto investors, now imposed Tarrif on imports and Dumping the market further,” one user wrote on X.

“我们希望特朗普能为我们倾斜市场，并成为加密传奇。取而代之的是，他和他的妻子推出了Shitcoin，抛弃了所有加密投资者，现在将Tarrif施加了进口并进一步抛弃市场。”一位用户在X上写道。

President Trump recently announced a 25% tariff on imports from Mexico and Canada and a 10% tariff on goods from China. The immediate market reaction was severe.

特朗普总统最近宣布对墨西哥和加拿大进口的25％关税，并对中国的商品关税10％。直接的市场反应很严重。

The total market capitalization lost approximately $300 billion in value overnight. However, the president later decided to delay some of these measures.

一夜之间，总市值损失了约3000亿美元的价值。但是，总统后来决定推迟其中一些措施。

The combination of aggressive trade policies and volatility in the cryptocurrency market has left investors on edge, fueling concerns about the sustainability of the current bull cycle.

加密货币市场中积极进取的贸易政策和波动性的结合使投资者处于边缘状态，这引起了人们对当前牛周期可持续性的担忧。