比特幣現金暴跌，漲勢因波動性飆升而停滯

Bitcoin Cash: Gains Evaporate, Volatility Remains Elevated

比特幣現金：收益蒸發，波動性仍較高

Is Bitcoin Cash's Rally Running Out of Steam?

比特幣現金的漲勢是否已經失去動力？

Bitcoin Cash has tanked 3.1% in the past 24 hours, reversing its recent surge. Over the past week, the cryptocurrency soared 26%, but its momentum seems to be waning.

比特幣現金在過去 24 小時內下跌了 3.1%，扭轉了近期的上漲趨勢。過去一周，加密貨幣飆升 26%，但其勢頭似乎正在減弱。

Volatility on the Rise

波動性上升

The volatility in Bitcoin Cash's price has been on the rise. The Bollinger Bands, a technical indicator that measures volatility, show that the gray bands have widened over the past day and week. Greater volatility can indicate increased risk and uncertainty.

比特幣現金價格的波動性一直在上升。布林通道是衡量波動性的技術指標，顯示灰色帶在過去一天和一周內有所擴大。更大的波動性可能表示風險和不確定性增加。

Trading Volume and Supply Shrink

交易量和供應萎縮

Trading volume has plunged 17% over the past week, suggesting that the recent surge in price may have been driven by speculative buying. Additionally, the circulating supply has declined 0.3%, which could indicate that investors are accumulating BCH.

過去一周交易量暴跌 17%，顯示近期價格飆升可能是由投機性買盤推動的。此外，流通供應量下降了 0.3%，這可能表明投資者正在累積 BCH。

Market Position and Outlook

市場地位及展望

As of today, Bitcoin Cash sits at #20 in terms of market capitalization, valuing it at $9.42 billion. The cryptocurrency's market position remains unchanged from yesterday, suggesting that investors are still holding steady despite the recent dip.

截至目前，比特幣現金市值排名第 20 位，估值為 94.2 億美元。加密貨幣的市場地位與昨天相比沒有變化，這表明儘管最近有所下跌，但投資者仍保持穩定。

However, the decline in price and volatility suggests that the rally may be losing steam. Whether Bitcoin Cash can sustain its gains or experience further setbacks remains uncertain.

然而，價格和波動性的下降表明漲勢可能正在失去動力。比特幣現金能否維持漲勢或遭受進一步挫折仍不確定。