比特幣修正：道路上的暫時顛簸還是長期下跌趨勢的開始？

上週，隨著一波消息席捲市場，主要加密貨幣經歷了過山車般的波動。投資者爭先恐後地做

Major cryptocurrencies experienced a turbulent week as a wave of news impacted the market. From the early week’s U.S. CPI and PPI data to negative inflow in spot ETFs and Bitcoin miner capitulation, investors are attempting to decipher its collective meaning. Among the key questions on everyone’s mind is whether Bitcoin has begun a prolonged correction or if this is merely a temporary bump on the road.

隨著一波消息影響市場，主要加密貨幣經歷了動盪的一周。從本周初的美國 CPI 和 PPI 數據到現貨 ETF 的負流入和比特幣礦商的投降，投資者正試圖解讀其集體意義。每個人都關心的一個關鍵問題是，比特幣是否已經開始了長期的調整，或者這只是路上的一個暫時的顛簸。

Analyst Ted (@tedtalksmacro) provides insights into the critical elements influencing Bitcoin’s outlook.

分析師 Ted (@tedtalksmacro) 提供了對影響比特幣前景的關鍵因素的見解。

1/ Critical Week Ahead for Bitcoin: Disinflation ContinuesImplied weekly ranges:

1/ 比特幣即將到來的關鍵一周：通貨緊縮仍在繼續隱含的每週範圍：

BTC – $65.1k – $74.1k USD

比特幣 – 6.51 萬美元 – 7.41 萬美元

ETH – $3,388 – $4,025 USD

以太幣 – 3,388 美元 – 4,025 美元

Thanks to @_WOO_X for supporting this content.

感謝@_WOO_X 對本內容的支持。

Here's what I am watching this week ? pic.twitter.com/6ummQSDKce

這是我本周正在觀看的內容? pic.twitter.com/6ummQSDKce

Recent U.S. economic data, such as the Consumer Price Index (CPI) and Producer Price Index (PPI), carried positive implications for risk assets like Bitcoin. These figures suggested that inflationary pressures might be easing, which usually benefits assets perceived to offer safe haven during periods of economic uncertainty.

最近的美國經濟數據，例如消費者物價指數（CPI）和生產者物價指數（PPI），對比特幣等風險資產產生了正面影響。這些數據表明通膨壓力可能正在緩解，這通常有利於被認為在經濟不確定時期提供避風港的資產。

However, despite these favorable economic signals, the Federal Reserve's cautious approach to potential interest rate cuts instilled a sense of FOMO in the market. The upcoming FOMC meeting and its updated projections will provide further clarity on the Fed's plans for interest rates, influencing investor sentiment towards Bitcoin and other markets.

然而，儘管有這些有利的經濟訊號，聯準會對潛在降息的謹慎態度向市場灌輸了一種「害怕錯過」的感覺。即將舉行的聯邦公開市場委員會會議及其更新的預測將進一步明確聯準會的利率計劃，從而影響投資者對比特幣和其他市場的情緒。

In the current scenario, Ted highlights that it is crucial for Bitcoin to hold above the $66,000 mark to maintain stability. If it manages to stay above this level, it could bolster confidence and attract buyers. On the other hand, if it dips below $66,000, it might encounter selling pressure and lead to a price decrease, impacting market sentiment negatively.

Ted 強調，在當前情況下，比特幣保持在 66,000 美元大關上方以保持穩定至關重要。如果它能夠保持在這一水平之上，就可以增強信心並吸引買家。另一方面，如果跌破66,000美元，可能會遇到拋售壓力並導致價格下跌，對市場情緒產生負面影響。

Traders are keeping a close eye on the weekly trading ranges for Bitcoin, which is set at $65,100 to $74,100, and Ethereum, which spans from $3,388 to $4,025. These ranges provide insights into market expectations and potential price movements for both cryptocurrencies.

交易員正在密切關注比特幣和以太坊的每週交易區間，比特幣的交易區間為 65,100 美元至 74,100 美元，以太坊的交易區間為 3,388 美元至 4,025 美元。這些範圍提供了兩種加密貨幣的市場預期和潛在價格變動的見解。

Interestingly, U.S. tech stocks, such as the NASDAQ, reached new highs amid expectations of central bank monetary policies. This divergence in performance between tech stocks and Bitcoin suggests a broader shift in market sentiment that could influence Bitcoin's trajectory.

有趣的是，那斯達克等美國科技股在央行貨幣政策預期下創下新高。科技股和比特幣之間的表現差異表明市場情緒發生了更廣泛的轉變，可能會影響比特幣的趨勢。

Moreover, investment flows into Bitcoin-related ETFs, which serve as a critical indicator of market sentiment, are expected to resume as key economic announcements bring greater clarity.

此外，隨著重要的經濟公告變得更加清晰，作為市場情緒關鍵指標的比特幣相關 ETF 的投資預計將恢復。

According to the analyst, Ethereum might catch up to Bitcoin in the cryptocurrency market. The prospect of upcoming Ethereum ETF launches on Wall Street bodes well for its potential, indicating institutional interest in cryptocurrencies beyond just Bitcoin.

這位分析師表示，以太坊可能會在加密貨幣市場上趕上比特幣。即將在華爾街推出的以太坊 ETF 的前景預示著其潛力，表明機構對加密貨幣的興趣不僅僅是比特幣。

Meanwhile, the Swiss National Bank (SNB) and Reserve Bank of Australia (RBA) interest rate decisions will also impact economic stability and investor confidence. While interest rate cuts are unlikely this week, any indications of future changes could influence the overall global market mood.

同時，瑞士央行（SNB）和澳洲儲備銀行（RBA）的利率決定也將影響經濟穩定和投資者信心。儘管本週不太可能降息，但任何未來變化的跡像都可能影響全球市場的整體情緒。

Overall, Bitcoin's current price is about 10% below its all-time high of $73,750, and a 20-30% correction is normal for this volatile asset. But the broader trend is still positive, and this correction offers opportunities for investors to buy the dip. As of now, Bitcoin is trading eagerly for any news that could shift its direction, currently at $65,965.

總體而言，比特幣當前價格比歷史高點 73,750 美元低約 10%，對於這種波動性資產來說，20-30% 的調整是正常的。但整體趨勢仍向好，此次調整為投資者逢低買入提供了機會。截至目前，比特幣正在熱切等待任何可能改變其方向的消息，目前價格為 65,965 美元。