比特幣（BTC），Dogecoin（Doge），Cardano（ADA）和Solana（Sol）價格下跌超過5％

主要加密貨幣，包括比特幣（BTC），Dogecoin（Doge），Cardano（Ada）和Solana（Sol）（Sol），在過去的24小時中下降了5％以上

Major cryptocurrencies dropped more than 5% in the past 24 hours as traders moved to secure gains following a robust week-long rally that was fueled by macroeconomic optimism and pushed Bitcoin close to the $105,000 level.

在過去的24小時內，主要的加密貨幣在過去的24小時內下降了5％以上，因為交易者在長達一周的強大集會之後，這是宏觀經濟樂觀的推動，並將比特幣推向了接近105,000美元的水平。

The broader digital asset market, which had surged in tandem with global equities, showed signs of a potential pause as investors adjusted positions ahead of key events, including Coinbase’s inclusion in the S&P 500 on May 19.

廣泛的數字資產市場與全球股票同時激增，顯示出潛在停頓的跡象，因為投資者在關鍵事件之前調整了職位，包括Coinbase在5月19日將其納入標準普爾500指數。

This development is expected to drive significant passive fund flows into the cryptocurrency exchange giant’s stock, with some analysts estimating demand could exceed $9 billion.

預計這一發展將使大量的被動基金流入加密貨幣交易所巨頭的股票，一些分析師估計需求可能超過90億美元。

The cryptocurrency market is down today, the heat map shows. Source: CoinMarketCap.com

熱圖顯示，加密貨幣市場今天已經下降。資料來源：CoinMarketCap.com

Here are today’s crypto price movements:

這是今天的加密貨幣價格變動：

Bitcoin (BTC) slid 1.92% over the past 24 hours to $101,726.19.

在過去的24小時內，比特幣（BTC）滑行1.92％，至$ 101,726.19。

World’s second-largest cryptocurrency, Ethereum (ETH), dropped 2.48% to $2,531.68.

世界第二大加密貨幣以太坊（ETH）下跌了2.48％，至2,531.68美元。

Among other major tokens, Solana slid 5.58% to $169.38, Cardano dropped 6.10% to $0.7640, and Dogecoin fell 5.03% to $0.2232, according to price data from CoinMarketCap.

根據CoinMarketCap的價格數據，Solana在5.58％至169.38美元中下跌了5.58％至169.38美元，CoinMarketCap的價格數據顯示，Cardano下跌6.10％至0.7640美元，Dogecoin下跌5.03％至0.2232美元。

The Crypto Fear & Greed Index, a gauge of market sentiment, climbed to 74 yesterday, signaling potential overbought conditions.

昨天的一系列市場情緒，Crypto Fear＆Greed指數升至74，這表明了潛在的過分結構條件。

Crypto Fear & Greed Index. Source: CoinMarketCap.com

加密恐懼和貪婪指數。資料來源：CoinMarketCap.com

Insiders Focused On Mid-Caps BTC Accumulation

內部人士專注於中型BTC積累

The cryptocurrency market’s recent surge was part of a broader upswing in risk assets, spurred by positive economic signals. U.S. inflation data released earlier this week came in below forecasts, raising expectations for continued monetary policy support, while China’s tech sector reported robust earnings, fueled by optimism over renewed U.S.-China trade relations.

加密貨幣市場最近的激增是由積極的經濟信號刺激的風險資產的更廣泛上漲的一部分。本週早些時候發布的美國通貨膨脹數據在以下預測之下，提高了對貨幣政策支持的期望，而中國的技術部門報告了對新的美中 - 中國貿易關係的樂觀助長的強勁收益。

These developments pushed Bitcoin to a high of $104,000 and Etherum to $2,700 before both encountered resistance.

這些發展將比特幣提高到104,000美元，在遇到阻力之前，將比特幣提高到2,700美元。

Despite the current dip, institutional interest in cryptocurrencies remains strong. Data from Santiment, a blockchain analytics firm, showed that mid-sized Bitcoin holders, wallets holding between 10 and 10,000 BTC, accumulated over 83,000 BTC in the past month, signaling confidence in the asset’s long-term value.

儘管目前的下降，對加密貨幣的機構興趣仍然很強。區塊鏈分析公司Santiment的數據表明，中型比特幣持有人，持有10至10,000 BTC的錢包在過去一個月中累積了超過83,000 BTC，這表明對資產的長期價值的信心。

“In the current environment, price moves of up to 10% are well within normal volatility, and anything below 5% can often be considered just market noise,” Dr Kirill Kretov at CoinPanel, commented for FinanceMagnates.com

“在當前的環境中，高達10％的價格移動在正常的波動率範圍內，而低於5％的任何東西通常可以被視為市場噪音，” Coinpanel的Kirill Kretov博士對FinanceMagnates.com發表了評論。

“Some of this movement likely comes from profit-taking, as traders secure gains after the recent rally. And with liquidity so thin, even modest sell-offs can quickly translate into noticeable corrections. This is typical behavior in a fragile market structure, where price reacts more to positioning flows than to fundamental developments.”

“這一運動可能來自獲利，因為交易者在最近的集會之後獲得了收益。而且，由於流動性如此薄，即使是適度的拋售也可以迅速轉化為明顯的糾正。這是易碎的市場結構中的典型行為，在脆弱的市場結構中，價格對定位流動的反應比基本發展更為基本發展。”

Coinbase (NASDAQ:COIN) S&P 500 inclusion, scheduled for May 19, is also in focus. This milestone event for the cryptocurrency industry is expected to drive significant passive fund flows into the exchange giant’s stock, with some analysts estimating demand could exceed $9 billion.

Coinbase（NASDAQ：COIN）S＆P 500包含計劃於5月19日，也是重點的。預計加密貨幣行業的這一里程碑事件有望將大量的被動基金流動到交易巨頭的股票中，一些分析師估計需求可能超過90億美元。

The inclusion of a major cryptocurrency exchange in one of the world’s most followed equity indices represents a significant step toward mainstream acceptance of the digital asset industry and could potentially attract new institutional capital to the sector.

將主要的加密貨幣交易所包括在世界上最受關注的股權指數之一中是朝主流接受數字資產行業邁出的重要一步，並有可能吸引新的機構資本進入該行業。