空頭、比特幣和鮑威爾的降息：應對加密貨幣動盪

分析看跌趨勢、比特幣價格走勢以及美聯儲可能降息對加密市場的影響。

Bears, Bitcoin, and Powell's Rate Cut: Navigating Crypto Turbulence

空頭、比特幣和鮑威爾的降息：應對加密貨幣動盪

The crypto market is a wild ride, and lately, it's been feeling more like a rollercoaster than a smooth cruise. With 'Bears, Bitcoin, and Powell's rate cut' dominating headlines, it's time to break down what's really going on. Are we headed for a crypto winter, or is there a glimmer of hope on the horizon?

加密市場是一場瘋狂的旅程，最近，它感覺更像是過山車，而不是平穩的巡航。隨著“空頭、比特幣和鮑威爾降息”佔據頭條新聞，是時候剖析到底發生了什麼了。我們是否正在走向加密貨幣冬天，或者地平線上是否有一線希望？

Bitcoin's Bumpy Ride: Bears in Control?

比特幣的坎坷之路：空頭掌控一切？

Bitcoin has seen its share of ups and downs. Recently, bears have been in control, driving the price down through multiple support zones. Back on October 17, 2025, Bitcoin broke through $106,000 after failing to maintain above $115,000. This rapid decline wiped out significant value in a matter of hours, fueled by institutional selling and overall risk aversion in the market.

比特幣經歷了起起落落。最近，空頭佔據主導地位，推動價格下跌至多個支撐區域。早在 2025 年 10 月 17 日，比特幣在未能維持在 115,000 美元上方後突破了 106,000 美元。在機構拋售和市場整體避險情緒的推動下，這種快速下跌在幾個小時內就抹去了大量價值。

Last week's trading action tells a similar story. Bitcoin dipped to around $103,000, testing support levels. While there was a bounce, it was weaker than before, indicating that the bulls are struggling to regain control. Key resistance levels are now looming overhead, making it difficult for Bitcoin to climb back up.

上週的交易走勢也講述了類似的故事。比特幣跌至 103,000 美元左右，測試支撐位。雖然出現了反彈，但比之前更弱，表明多頭正在努力重新獲得控制權。關鍵阻力位現在迫在眉睫，使比特幣難以回升。

Powell and the Fed: A Rate Cut Lifeline?

鮑威爾和美聯儲：降息生命線？

The million-dollar question is: what will the Federal Reserve do? Fed Chair Jerome Powell's comments have added to the uncertainty. If the Fed implements a significant rate cut, it could provide a much-needed boost to Bitcoin and the broader crypto market. Lower rates reduce the appeal of safer assets, potentially driving investors towards riskier ventures like Bitcoin. The market was pricing in a cut at the October 29 meeting. However, uncertainty about growth and employment, coupled with persistent inflation, complicates the Fed's decision.

價值百萬美元的問題是：美聯儲將做什麼？美聯儲主席杰羅姆·鮑威爾的言論增加了不確定性。如果美聯儲大幅降息，可能會為比特幣和更廣泛的加密市場提供急需的提振。較低的利率降低了更安全資產的吸引力，可能會促使投資者轉向比特幣等風險較高的企業。市場已消化 10 月 29 日會議上的降息預期。然而，增長和就業的不確定性，加上持續的通脹，使美聯儲的決定變得複雜化。

XRP's Short-Term Targets: A Glimmer of Hope?

XRP 的短期目標：一線希望？

While Bitcoin grapples with bearish pressure, XRP offers a contrasting perspective. Despite a recent pullback, analysts have identified short-term targets for XRP, focusing on key resistance levels flipping into support. The cryptocurrency analyst used the XRP 4-hour chart on TradingView to identify the $2.55 – $2.65 zone as XRP’s new key macro resistance area. A close above $2.65 could signal the start of a new bullish rally for XRP.

雖然比特幣正在努力應對看跌壓力，但瑞波幣卻提供了相反的觀點。儘管最近出現回調，但分析師仍確定了 XRP 的短期目標，重點關注關鍵阻力位轉變為支撐位。這位加密貨幣分析師使用 TradingView 上的 XRP 4 小時圖表將 2.55 美元至 2.65 美元區域確定為 XRP 新的關鍵宏觀阻力區域。收盤價高於 2.65 美元可能標誌著 XRP 新一輪看漲反彈的開始。

On-Chain Data: A Battle Between Whales and Retail

鏈上數據：鯨魚與零售之間的戰鬥

Analyzing on-chain data reveals a fascinating dynamic. During the selloff, exchange inflows increased, suggesting that some holders were moving their coins to exchanges, likely to sell. However, data for large holders, or "whales," showed the opposite trend: they were buying as prices fell, accumulating positions around support levels. This pattern often precedes reversals, with retail investors selling while institutions accumulate.

分析鏈上數據揭示了一個令人著迷的動態。在拋售期間，交易所流入增加，這表明一些持有者將其代幣轉移到交易所，可能會出售。然而，大持有者或“鯨魚”的數據顯示出相反的趨勢：他們在價格下跌時買入，在支撐位附近積累頭寸。這種模式通常先於逆轉，散戶投資者拋售，而機構則增持。

Final Thoughts: Buckle Up!

最後的想法：係好安全帶！

The crypto market remains a rollercoaster. The interplay of bearish trends, Bitcoin's price action, and the Fed's monetary policy creates a complex and dynamic environment. While the bears currently have the upper hand, potential rate cuts and positive developments in altcoins like XRP could shift the momentum. One thing's for sure: it's going to be an interesting ride. So, buckle up, do your research, and don't invest more than you can afford to lose. And hey, maybe Powell will throw us a bone after all!

加密貨幣市場仍然像過山車一樣。看跌趨勢、比特幣的價格走勢和美聯儲的貨幣政策的相互作用創造了一個複雜而動態的環境。雖然空頭目前佔據上風，但潛在的降息和 XRP 等山寨幣的積極發展可能會改變這一勢頭。有一點是肯定的：這將是一次有趣的旅程。所以，係好安全帶，做好研究，不要投資超過你能承受的損失。嘿，也許鮑威爾終究會扔給我們一根骨頭！