比特幣和以太坊季度分析：總體概述

第二季度，比特幣的季度回報率為-12%，以太坊的季度回報率為-5.08%。與第一季相比，兩者均較低。

Bitcoin and Ethereum, the two leading cryptocurrencies, had a contrasting performance in Q2. While Bitcoin’s quarterly return was -12%, Ethereum’s return was -5.08%. Both returns were lower compared to Q1, where Bitcoin registered a return of +68.7% and Ethereum a return of +59.8%.

比特幣和以太坊這兩種領先的加密貨幣在第二季度的表現截然不同。比特幣的季度回報率為-12%，而以太坊的回報率為-5.08%。與第一季相比，這兩項回報率均較低，第一季比特幣的回報率為 +68.7%，以太坊的回報率為 +59.8%。

In April, Bitcoin recorded the lowest monthly return of Q1 at -14.7%, and in June, it was -7.02%. However, in May, Bitcoin showed an impressive return of +11.1%. This performance in May helped prevent the quarterly return from falling below -12%.

4月份，比特幣錄得第一季最低月報酬率為-14.7%，6月份為-7.02%。然而，5 月份，比特幣的回報率高達+11.1%，令人印象深刻。 5 月的這一表現幫助避免了季度回報率跌至-12% 以下。

In the case of Ethereum, the situation was similar. In May, it recorded an excellent return of +24.7%. But, in April, it was as low as -17.2%, and in June, it was just above -8.64%. In the absence of Ethereum’s extreme performance in May, the quarterly return would have fallen far below the current return of -5.80%.

以太坊的情況也類似。 5月份，它錄得+24.7%的優異回報。但 4 月份，該比例低至-17.2%，而 6 月份，則略高於-8.64%。如果沒有以太坊在5月的極端表現，季度回報率將遠低於目前的-5.80%的回報率。

Notably, in Q2, the Bitcoin Closing Price was $62,743. Compared to the Q1’s closing price of $71,262, it was over $8519 lower. There was not much difference in the case of Ethereum. Its closing price also saw a fall of nearly $209. The Q1’s closing price of ETH was $3,645, and in Q2, it dropped to $3,436.

值得注意的是，第二季比特幣收盤價為 62,743 美元。與第一季 71,262 美元的收盤價相比，低了 8,519 美元以上。以太坊的情況沒有太大差別。其收盤價也下跌了近209美元。 ETH 第一季收盤價為 3,645 美元，第二季跌至 3,436 美元。

The data indicates that Q2 was not as good as Q1 for both Bitcoin and Etheruem. It demands an in depth analysis of those events that influenced the price movements of BTC and ETH in Q2. Once we are done with that, we will be able to better understand the situation. And, this process may give some valuable insights on what we can expect in Q3. In this case, it is perfect to do a month-by-month analysis. Ready? Let’s start with April.

數據表明，比特幣和以太坊第二季的表現都不如第一季。它需要對第二季影響 BTC 和 ETH 價格走勢的事件進行深入分析。一旦我們完成了這些，我們將能夠更好地了解情況。而且，這個過程可能會為我們在第三季的預期帶來一些有價值的見解。在這種情況下，最好進行逐月分析。準備好？讓我們從四月開始吧。

Bitcoin and Ethereum: April Price Sentiment Analysis

比特幣與以太幣：四月價格情緒分析

On the first day of April, the price of BTC was just around $71,263, which was much lower than the new all-time peak of $73,037 touched on March 13, 2024. By the end of that month, the price slipped to $60,617 – lowest the price touched in April. Clearly, the month of April was a period of decline for Bitcoin. The month opened with a red candlestick. Though in the beginning of the month the price made an attempt to recover, after 8th of April, it dropped sharply until 17th of April. In the mid April, it made another attempt to climb up, but post 22nd April, it sharply fell, showing no sign of recovery.

4 月第一天，BTC 價格約為 71,263 美元，遠低於 2024 年 3 月 13 日觸及的歷史新高 73,037 美元。顯然，4月是比特幣的下跌時期。本月以紅色燭台開盤。雖然月初價格試圖回升，但4月8日之後，價格大幅下跌，直到4月17日。 4月中旬，再次嘗試攀升，但4月22日後，大幅下跌，並無復甦跡象。

One of the major events happened in April was Bitcoin Halving. It took place on 20th April. The event clearly contributed a positive sentiment. At least two days before the event, the price started the fight against the ongoing downfall, and the momentum lasted till 22nd April, when the BTC price touched $66,810. In those five days alone, the price made a rise of around $5,564.

四月發生的重大事件之一是比特幣減半。事情發生在 4 月 20 日。此次活動顯然帶來了正面的情緒。至少在活動前兩天，價格就開始與持續下跌作鬥爭，這種勢頭一直持續到 4 月 22 日，當時 BTC 價格觸及 66,810 美元。僅在那五天內，價格就上漲了約 5,564 美元。

The case of Etheruem was not different in April. In the beginning of the month, it was around $3,645.56. On the last day of that month, it slipped to as low as $3,015.41. Like what we saw in the Bitcoin market, in early April, the price made an attempt to climb high. It even reached the monthly peak of $3,693.22. But, the momentum could not last long. Between 9th April and 17th April, the market witnessed a strong selling pressure. Between 11th April and 13th April alone, a decline of 13.85% was recorded. On 17th April, it touched the monthly lowest of $2,985.40. On April 18th, a strong buying pressure emerged. The positive pressure lasted till 28th April, when the price saw a high of $3,262.53.

以太坊的情況在四月也沒有什麼不同。本月初，價格約為 3,645.56 美元。該月最後一天，價格跌至 3,015.41 美元。就像我們在比特幣市場上看到的那樣，4月初，價格試圖攀升。甚至達到了月度最高點3,693.22美元。但是，這種勢頭並沒有持續太久。 4月9日至17日期間，市場出現強勁拋售壓力。光是4月11日至4月13日期間，就下降了13.85%。 4 月 17 日，觸及月度最低點 2,985.40 美元。 4月18日，強勁的買壓出現。這種積極的壓力一直持續到4月28日，當時價格達到了3,262.53美元的高點。

The two prime events which influenced the Etheruem price sentiment in April were the Middle East crisis and the Bitcoin Halving. The impact of the Middle East crisis was reflected in the form of price fall between 9th and 17th April – especially between 11th and 13th April. The positive momentum witnessed after the 18th April might be the reflection of the Bitcoin Halving.

4 月影響以太幣價格情緒的兩個主要事件是中東危機和比特幣減半。中東危機的影響體現在4月9日至17日期間的價格下跌，尤其是4月11日至13日。 4 月 18 日之後出現的正面勢頭可能是比特幣減半的反映。

Bitcoin and Ethereum: May Price Sentiment Analysis

比特幣與以太坊：五月價格情緒分析

For Bitcoin, the month of May,

對比特幣來說，五月，