Michaël Van de Poppe：市场崩盘归因于日元套利交易和 Jump Trading 的 5 亿美元 ETH 清算

在最近的视频中，受欢迎的加密货币分析师 Michaël Van de Poppe 分享了对最近市场崩盘的见解，并将其主要归因于日元

Popular crypto analyst Michaël Van de Poppe recently shared his analysis of the recent market crash in a video. He largely attributes the crash to the Japanese Yen Carry Trade and a massive sell-off by Jump Trading, which liquidated a $500 million Ethereum (ETH) position. This sell-off triggered a Nikkei crash and a 30% drop in Bitcoin. He explains that Ethereum’s heavy correction is a result of its lower supply and higher staking rate compared to Bitcoin, which makes it more volatile.

受欢迎的加密货币分析师 Michaël Van de Poppe 最近在视频中分享了他对最近市场崩盘的分析。他将这次暴跌主要归因于日元套利交易和Jump Trading的大规模抛售，该公司清算了价值5亿美元的以太坊（ETH）头寸。这次抛售引发了日经指数崩盘和比特币下跌 30%。他解释说，与比特币相比，以太坊的大幅调整是由于其供应量较低和质押率较高，这使得其波动性更大。

Despite the sell-off, there is some optimism, as the Ethereum ETF saw inflows of over $100 million last week, indicating a bullish market sentiment. Even with Ethereum’s problems, Van de Poppe believes this correction is a normal part of the cycle and suggests that the market may be close to a bottom, with potential signs of an upcoming bull phase.

尽管遭到抛售，但仍有一些乐观情绪，因为上周以太坊 ETF 的资金流入超过 1 亿美元，表明市场情绪看涨。即使以太坊存在问题，Van de Poppe 也认为这种调整是周期的正常部分，并表明市场可能已接近底部，有即将到来的牛市阶段的潜在迹象。

Altcoins to Watch for the Rebound

山寨币值得关注反弹

When it comes to altcoins, Van de Poppe has a specific strategy for positioning in the upcoming weeks. He suggests focusing on sectors that are likely to bounce back the strongest, specifically AI, DeFi, and meme coins. Within these sectors, he identifies several key picks:

谈到山寨币，Van de Poppe 在未来几周内制定了具体的定位策略。他建议重点关注可能反弹最强劲的行业，特别是人工智能、DeFi 和 meme 币。在这些领域中，他确定了几个关键选择：

Fetch.ai (FET)

Fetch.ai (FET)

In the AI sector, Fetch.ai has shown a strong recovery with a 70% bounce from recent lows. Van de Poppe sees this as a prime candidate for further growth, with potential 5-10x returns from its current levels.

在人工智能领域，Fetch.ai 表现出强劲复苏，从近期低点反弹了 70%。 Van de Poppe 认为这是进一步增长的主要候选者，其回报率可能比目前水平高出 5-10 倍。

Aave (AAVE)

阿夫 (AAVE)

Moving to the DeFi ecosystem, his next pick is Aave. He highlights that Aave’s total value locked (TVL) in relation to its market cap suggests it is heavily undervalued, indicating potential for significant upside.

转向 DeFi 生态系统，他的下一个选择是 Aave。他强调，Aave 的总锁定价值 (TVL) 相对于其市值而言表明其被严重低估，这表明其具有显着上涨的潜力。

REN (Ren)

清洁（清洁）

Another DeFi token that catches his eye is REN, which he believes is also undervalued relative to its TVL. While advising caution, he sees potential for growth as the market recovers.

另一个引起他注意的 DeFi 代币是 REN，他认为相对于其 TVL 来说，REN 的价值也被低估。在建议谨慎的同时，他看到了随着市场复苏的增长潜力。

GMX

GMX

In the decentralized finance (DeFi) space, GMX is another altcoin to watch, especially as activity increases.

在去中心化金融（DeFi）领域，GMX 是另一种值得关注的山寨币，尤其是随着活动的增加。

SingularityNET (AGIX)

奇点网络 (AGIX)

As another AI-focused project, SingularityNET has shown strong performance and promise. Like FET, Van de Poppe thinks AGIX will benefit from crypto’s AI integration and believes the recent downturn is a good time to buy AGIX before the market recovers.

作为另一个以人工智能为重点的项目，SingularityNET 表现出了强大的性能和前景。与 FET 一样，Van de Poppe 认为 AGIX 将从加密货币的人工智能集成中受益，并认为最近的低迷是在市场复苏之前购买 AGIX 的好时机。

Solana (SOL)

索拉纳 (太阳)

Solana’s strong performance in the DeFi space is a key factor in his bullish outlook on SOL. He notes that Solana has bounced back strongly from the recent correction and demonstrated its resilience in a challenging market environment. He sees Solana as a major contender for future growth, especially as the market recovers.

Solana 在 DeFi 领域的强劲表现是他看好 SOL 前景的关键因素。他指出，Solana 从最近的调整中强劲反弹，并在充满挑战的市场环境中展现了其韧性。他认为 Solana 是未来增长的主要竞争者，尤其是在市场复苏的情况下。

Is it the End of the Bear Market?

熊市结束了吗？

For those trying to gauge the market’s next move, Van de Poppe highlights several key indicators. Bitcoin dominance is currently at 54%, which is nearing its peak and has historically signaled the end of bear markets for altcoins and the beginning of bullish trends. He also suggests keeping an eye on ETH’s performance against both Bitcoin and USD Tether (USDT) for further insights into the market’s direction.

对于那些试图评估市场下一步走势的人，范德波普强调了几个关键指标。比特币的主导地位目前为 54%，接近峰值，历史上标志着山寨币熊市的结束和看涨趋势的开始。他还建议密切关注 ETH 相对于比特币和 USDT 的表现，以进一步了解市场的方向。

By positioning himself in these altcoins, particularly those in the AI and DeFi sectors, Van de Poppe believes they could lead the charge in the next bull run.

Van de Poppe 相信，通过将自己定位于这些山寨币，特别是人工智能和 DeFi 领域的山寨币，它们可以在下一次牛市中引领潮流。