比特幣週二下跌了約2％，至約102400美元，擦除了周一的大部分晚期激增，並將更廣泛的加密貨幣市場降低。

根據隱板數據，以太坊也下跌了38％，至2450美元，而索拉納（Solana）下跌了36％至171美元。

Bitcoin price fell about 2% on Tuesday, erasing most of Monday’s late surge and dragging the broader crypto market lower.

比特幣的價格在周二下跌了約2％，消除了周一的大部分晚期激增，並使更廣泛的加密貨幣市場降低了。

According to CryptoSlate data, Ethereum also declined 3.8% to trade near $2,450 while Solana slipped 3.6% to $171.

根據隱板數據的數據，以太坊的交易價格也下降了3.8％，售價接近2,450美元，而索拉納（Solana）下跌了3.6％至171美元。

Why is Bitcoin falling again?

為什麼比特幣再次下降？

The moves arrived hours ahead of the U.S. Bureau of Labor Statistics’ April consumer price index at 8:30 A.M. ET. Traders cut risk across markets on anticipation that a stronger-than-forecast print could lift Treasury yields and the dollar, conditions that tend to pressure crypto valuations.

這些舉動在美國東部時間上午8:30之前的美國勞工統計局的四月消費者價格指數提前數小時到達。貿易商削減了整個市場的風險，即預期的是，預期的是較強的印刷品可以提高財政收益和美元的收益，這往往會給加密貨幣造成壓力。

Profit-taking followed a Monday rebound that pushed Bitcoin above $105,000, seemingly reigniting the run that briefly carried the coin to an all-time high near $109,300 in January.

獲利之後，週一的反彈將比特幣推向了105,000美元以上，似乎重新點燃了一月份將硬幣短暫地達到歷史最高售價109,300美元的奔跑。

Open-interest readings on major derivatives venues show a modest contraction of about 11% this week from January peaks, signaling reduced speculative leverage even as long-term holders accumulated.

從一月份的山峰開始，對主要衍生品場地的開股讀數顯示，本週的收縮約為11％，即使長期持有人積累，信號也會降低投機性槓桿作用。

Corporate demand remains robust. Strategy added 13,390 BTC for roughly $1.34 billion between May 5 and May 11, lifting its treasury to 568,840 BTC, about 2.7% of the circulating supply.

公司需求仍然強勁。在5月5日至5月11日之間，策略以大約13.4億美元的價格增加了13,390 BTC，將其財政部提升至568,840 BTC，約佔循環供應的2.7％。

The buy, detailed in the company’s May 8 filing with the Securities and Exchange Commission, was funded through the closing tranche of a $2.1 billion at-the-market equity program.

該買入在公司5月8日向美國證券交易委員會提交的文件中詳細介紹的，是通過一項耗資21億美元的市場股票計劃的結束批准資助的。

Altcoins also fall except XRP

除XRP外，AltCoins也會下降

Ethereum’s weakness followed last week’s Pectra hard fork, which activated 11 improvement proposals designed to streamline execution and reduce fees.

以太坊的弱點是在上週的pectra硬叉之後，該叉叉激活了11項改進建議，旨在簡化執行並降低費用。

Early transaction-cost readings show modest relief, yet Ethereum’s share of total value locked has continued to slide as competing Layer-1 networks court developers with lower base costs.

早期的交易成本讀數顯示出適度的緩解，但是以太坊在鎖定的總價值中的份額仍繼續滑落，因為競爭層的1層網絡法院開發人員的基本成本較低。

Solana remained the market’s high-beta proxy. The token rallied from $105 to nearly $180 through April’s tariff-driven volatility. A DEX volume of $35.6 billion and activity on the network continue to bolster bullish sentiment amid the broader market selloff.

Solana仍然是市場的高β代理。由於4月關稅驅動的波動性，該代幣從105美元上漲至近180美元。在更廣泛的市場拋售中，網絡上的DEX量為356億美元，網絡活動繼續增強看漲的情緒。

Breaking the trend, XRP settled around 3% up to trade at roughly $2.50, and sits around 5% higher for 2025, even as Bitcoin and Ethereum are flat to lower.

打破了趨勢，XRP達到了約3％的交易，以大約2.50美元的價格交易，即使比特幣和以太坊持平至較低，2025年的交易率高約為5％。

The token’s relative strength follows Ripple’s March settlement with the U.S. Securities and Exchange Commission, which cut the civil fine to $50 million, and anticipation of CME’s cash-settled XRP futures debut on May 19.

代幣的相對實力是在Ripple與美國證券交易委員會的三月和解之後，該委員會將民事罰款降至5000萬美元，並期望CME現金分配的XRP Futures於5月19日首次亮相。

Looking ahead for Bitcoin and broader market

尋找比特幣和更廣闊的市場

Derivatives desks now point to Bitcoin’s psychological $100,000 level as first-line support. A cooler-than-expected consumer price index could rekindle bullish momentum; a hotter figure risks deeper rotation into cash and short-dated Treasury bills.

現在，衍生品辦公桌將比特幣的心理$ 100,000水平作為一線支持。一個比預期的消費者價格指數可以重新激發看漲的勢頭。一個更熱的數字有可能更深入地旋轉現金和短期的財政賬單。

The options market is pricing a one-day implied move of approximately 2.5% for Bitcoin, indicating traders anticipate a $2,500 fluctuation in either direction.

期權市場的定價為一日隱含的舉動約為比特幣的2.5％，表明交易者預計這兩個方向都會波動2500美元。

Market depth remains thin relative to January’s record-setting flows, a function of widening bid-ask spreads as market makers await clarity on Federal Reserve policy. Three rate-setting meetings remain this year, with the next scheduled for June 11-12.

相對於一月份的創紀錄流量，市場深度保持較小，這是做市商在等待美聯儲政策的明確性時擴大出價差的功能。今年仍將舉行三場稅率的會議，下一次將於6月11日至12日舉行。

With the April CPI reading imminent and derivatives positioning light, market participants will soon learn whether Bitcoin’s next defense of six-figure territory after the halving can hold.

隨著4月​​的CPI閱讀即將到來的衍生品定位，市場參與者將很快了解比特幣在減半後是否對六位數領土的下一個防禦。