比特幣和大多數Altcoins崩潰了，刪除了本週早些時候的一些收益

輸入：比特幣和大多數山寨幣都崩潰了，消除了本週早些時候的一些收益。 PI網絡價格繼續下降趨勢，低於0.80美元

Bitcoin and most altcoins have crashed, wiping out some of the gains made earlier in the week. PI Network price continued its strong downtrend, reaching a low of $0.80, its lowest level since February 22. It has plunged by over 73% from its all-time high.

比特幣和大多數山寨幣都崩潰了，消除了本週早些時候的一些收益。 PI網絡價格繼續下降趨勢，至2月22日以來的最低水平，達到了0.80美元。它的歷史最高水平跌至73％以上。

XRP price dropped to $2.39, down by 7.85% from its highest level this week, while Stellar (XLM) and Dogecoin (DOGE) fell by over 5%. Altogether, the market cap of all cryptocurrencies tracked by CoinMarketCap dropped by 1.5% to $2.84 trillion.

XRP價格下跌至2.39美元，比本週最高水平下降7.85％，而Stellar（XLM）和Dogecoin（Doge）下跌了5％以上。總共，CoinMarketCap跟踪的所有加密貨幣的市值下降了1.5％，至2.84萬億美元。

Bitcoin Price Risky Patterns

比特幣價格風險模式

The first reason why these altcoins crashed is that Bitcoin formed risky patterns, signaling that it had not made a strong bullish breakout yet. It formed a rising wedge pattern, a popular bearish reversal sign. This pattern comprises two ascending and converging trendlines and often leads to a reversal.

這些山寨幣崩潰的第一個原因是比特幣形成了風險模式，表明它還沒有引起強烈的看漲突破。它形成了一個上升的楔形圖案，這是一個流行的看跌逆轉標誌。該模式包括兩個升級和收斂的趨勢線，並經常導致逆轉。

Bitcoin formed a break-and-retest pattern. It returned to the neckline of the double-top chart. It also formed a death cross as the 50-day and 200-day Weighted Moving Averages (WMA) crossed each other. Bitcoin also struggled to move beyond the psychological barrier of $90,000.

比特幣形成了重新測試模式。它返回到雙頂圖表的領口。它還形成了一個死亡十字架，因為50天和200天加權的移動平均（WMA）彼此交叉。比特幣還努力超越了90,000美元的心理障礙。

Therefore, as BanklessTimes warned there is a risk that it would drop, and possibly retest the support at $76,890, its lowest point this month. Historically, altcoin prices often drop when Bitcoin is falling.

因此，正如Banklesstimes警告的那樣，它有可能下降的風險，並可能以76,890美元（本月最低點）重新測試支持。從歷史上看，當比特幣下降時，AltCoin價格通常會下跌。

Pi Network, XRP, and Stellar Crashed as Trade Risks Rose

隨著貿易風險上升，PI網絡，XRP和Stellar崩潰了

These altcoins also crashed as trade concerns continued after Donald Trump announced tariffs on auto imports. These tariffs were announced ahead of his so-called Liberation Day, when he will impose reciprocal tariffs.

在唐納德·特朗普宣布對汽車進口的關稅之後，這些山寨幣也崩潰了。這些關稅在他所謂的解放日之前宣布，屆時他將徵收互惠關稅。

The worsening trade issues explain why American stocks crashed on Wednesday. The Dow Jones Index fell by 170 points, the S&P 500 by 65 points, and the Nasdaq 100 by 375 points.

惡化的貿易問題解釋了為什麼美國股票在周三崩潰。道瓊斯指數下跌170分，標準普爾500分降至65分，納斯達克100分降至375分。

The risk is that these tariffs may lead to stagflation in the United States. Stagflation is a situation characterized by high inflation and slow economic growth, and is often the riskiest situation in an economy.

風險是這些關稅可能導緻美國停滯。僵局是一種以高通貨膨脹和經濟增長緩慢的情況為特徵，通常是經濟中最危險的情況。

Stagflation is risky because there is usually no easy way out for the Fed. Cutting interest rates to boost the economy often leads to higher inflation. Hiking rates to slow inflation affects the economy. Mark Zandi, a top economist at Moody’s stated:

滯留是有風險的，因為美聯儲通常沒有簡單的出路。降低利率以提高經濟通常會導致通貨膨脹率更高。遠足速度減慢通貨膨脹會影響經濟。穆迪（Moody's）的頂級經濟學家馬克·贊迪（Mark Zandi）表示：

“Remember my #1 recession watch indicator is that if confidence falls by 20 points over 3 months, consumers stop spending and recession ensues about 6 months later. This indicator isn’t flashing recession red, but it is flashing a bright yellow.”

“請記住，我的＃1衰退手錶指標是，如果置信度在3個月內下降了20分，消費者停止支出和衰退大約6個月後。該指標沒有閃爍經濟衰退紅色，但它會閃爍著鮮黃色的味道。”

A recession would be a good thing for Bitcoin and altcoins like Stellar, Pi Network, XRP, and Dogecoin. In most cases, a recession leads to low inflation and Federal Reserve cuts, which then boosts altcoin prices.

衰退對於比特幣和替代幣等恆星，PI Network，XRP和Dogecoin來說是一件好事。在大多數情況下，經濟衰退會導致通貨膨脹率低和美聯儲的削減，從而提高了山寨幣的價格。