使用系绳流和音量了解Altcoin市场

根据CoinMarketCap的数据，在撰写本文时，总加密市场上限为2.72万亿美元，比特币的[BTC]优势为61.2％。

The total crypto market cap stood at $2.72 trillion, at the time of writing, with Bitcoin’s [BTC] dominance standing at 61.2%, according to CoinMarketCap. This hinted at a 28% drop from its December highs – A time when the total market cap was $3.73 trillion.

根据CoinMarketCap的数据，在撰写本文时，总加密市场上限为2.72万亿美元，比特币的[BTC]优势为61.2％。这暗示比12月的高点下降了28％，这是总市值为3.73万亿美元的时期。

The bearish sentiment across the market is due to macroeconomic events unfurling over the past three months, as well as the relative weakness of most altcoins. Including the leader Ethereum [ETH]. According to AMBCrypto, this altcoin trend is likely to continue.

整个市场上的看跌情绪是由于宏观经济事件在过去三个月中爆发，以及大多数Altcoins的相对弱点。包括领导者以太坊[ETH]。根据Ambcrypto的说法，这种Altcoin趋势可能会继续下去。

Understanding the altcoin market using Tether flows and volume

使用系绳流和音量了解Altcoin市场

Altcoins have not been performing well in recent times. The drop in the altcoin market cap came alongside a drop-off in the trading volume for various leading altcoins.

近期AltCoins的性能并非表现良好。 Altcoin市值的下降与各种领先的Altcoins的交易量下降。

[coin_counter id=”886″ instance_id=”1″ display_names=”true” align=”center”]

[COIN_COUNTR ID =“ 886” instance_id =“ 1” display_names =“ true” align =“中心”]

In fact, data shared by crypto analyst Brian on Santiment revealed that the top 10 crypto assets’ trading volume now is roughly just a fourth of the volumes seen in early December.

实际上，加密分析师Brian在Santiment上共享的数据表明，现在的十大加密货币交易量现在大约只是12月初看到的四分之一。

This could, however, mean a growing tendency to take profits or hold from investors, while also hinting at traders’ fatigue.

但是，这可能意味着越来越多地从投资者那里获得利润或持有利润，同时也暗示了交易者的疲劳。

CryptoQuant’s Tether [USDT] netflows chart to exchanges also highlighted adverse investor sentiment. The metric’s 30-day moving average shot skywards in November and December. A hike in stablecoin inflows signals more buying power in the market and showcases bullish market sentiment.

CryptoQuant的束缚[USDT] Netfrows图表也强调了不利的投资者情绪。该指标在11月和12月的30天移动平均射击天空。 Stablecoin的徒步旅行在市场上的购买力更多，并展示了看涨的市场情绪。

The drop-off in inflows over the past two months highlighted that market participants have been more inclined to take profits. The metric has reached lows not seen since November 2022, during the FTX implosion.

过去两个月中流入的下降表明，市场参与者更倾向于获利。自2022年11月在FTX内爆以来，该度量已经达到低点。

The TOTAL3 chart tracks the market cap of popular crypto assets, excluding BTC and ETH. This way, the altcoin market’s trends would be more apparent. The market cap has been trending south since February.

Total3图表跟踪了流行的加密资产的市值，不包括BTC和ETH。这样，Altcoin市场的趋势将更加明显。自2月以来，市值一直在南部。

The $750 billion zone served as support in November, and again in early March. The downward march of the altcoins seems likely to test this level once again.

7500亿美元的区域在11月和3月初再次成为支持。 AltCoins的下行似乎再次测试了这一水平。

Given the bearish trend over the past three months, the fall in trading activity, and the lack of stablecoin inflows, it may be likely that the altcoin market cap would fall below the $750 billion-mark soon.

鉴于过去三个月的看跌趋势，交易活动的下降以及缺乏稳定的趋势，山寨币市值很可能很快就会降至7500亿美元的标记以下。