比特幣減半臨近，預期價格飆升和獲利了結情景

以太幣、幣安幣、Solana 和狗狗幣在 4 月 11 日經歷了大幅上漲，漲幅在 3.4% 至 6.76% 之間。儘管有這些積極的趨勢，灰階的比特幣 ETF 仍錄得資金流出，引發了人們對即將到來的減半事件之前利潤預訂的擔憂。專家警告說，雖然從長遠來看，減半通常會導致價格上漲，但由於投資者獲利了結，減半前後可能會出現拋售壓力。

Bitcoin Halving Looms: A Deep Dive into the Expected Price Surge and Potential Profit-Booking Scenario

比特幣減半迫在眉睫：深入探討預期的價格飆升和潛在的利潤預訂場景

The cryptocurrency market is abuzz with anticipation as the highly anticipated Bitcoin halving event draws near. Halving, a pivotal occurrence in the Bitcoin ecosystem, is poised to significantly impact the prices of various cryptocurrencies.

隨著備受期待的比特幣減半事件的臨近，加密貨幣市場充滿了期待。減半是比特幣生態系統中的關鍵事件，它將對各種加密貨幣的價格產生重大影響。

What is Bitcoin Halving?

什麼是比特幣減半？

Halving is a meticulously designed mechanism within the Bitcoin protocol that reduces the rate at which new Bitcoin coins are minted. Consequently, the supply of new Bitcoins entering circulation diminishes. Currently, miners receive a block reward of 6.25 BTC for verifying and adding new blocks to the blockchain. However, upon the occurrence of halving, this reward will be halved to 3.125 BTC.

減半是比特幣協議中精心設計的機制，可降低新比特幣的鑄造速度。因此，進入流通的新比特幣供應量減少。目前，礦工透過驗證並向區塊鏈添加新區塊可以獲得 6.25 BTC 的區塊獎勵。然而，當減半發生時，該獎勵將減半至 3.125 BTC。

Historically, halving events have triggered notable price increases in Bitcoin and other cryptocurrencies. The most recent halving, which took place on May 11, 2020, witnessed a 12% price surge in the subsequent week. This month marks the fourth such event since 2012.

從歷史上看，減半事件引發了比特幣和其他加密貨幣的顯著價格上漲。最近一次減半發生在 2020 年 5 月 11 日，隨後一周價格飆升了 12%。本月是自 2012 年以來第四次舉辦此類活動。

Expected Price Surge and Potential Profit-Booking

預期價格飆升和潛在利潤預訂

Many industry experts anticipate that the upcoming halving will propel prices of Bitcoin and other cryptocurrencies higher. The rationale behind this optimism lies in the reduced supply of new Bitcoins, which typically leads to increased demand and, subsequently, upward price momentum.

許多行業專家預計，即將到來的減半將推動比特幣和其他加密貨幣的價格走高。這種樂觀情緒背後的理由在於新比特幣供應量的減少，這通常會導致需求增加，從而導致價格上漲。

However, some analysts caution against excessive bullishness, as the halving event could also trigger profit-booking behaviors. Investors who have held Bitcoin for a significant period may seize this opportunity to lock in their gains, potentially creating selling pressure in the days preceding and immediately following the halving.

不過，一些分析師警告不要過度看漲，因為減半事件也可能引發獲利了結行為。長期持有比特幣的投資者可能會抓住這個機會鎖定收益，這可能會在減半之前和之後的幾天內造成拋售壓力。

Arthur Hayes, the former CEO of crypto exchange BitMEX, expressed this concern in a recent blog post. Hayes noted that when a majority of market participants anticipate a specific outcome, the opposite often occurs. He believes that the negative price action in the lead-up to and aftermath of the halving could stem from the widespread bullish sentiment surrounding the event.

加密貨幣交易所 BitMEX 前執行長 Arthur Hayes 在最近的一篇部落格文章中表達了這一擔憂。海耶斯指出，當大多數市場參與者預期特定結果時，往往會發生相反的情況。他認為，減半前後的負面價格走勢可能源自於圍繞該事件的廣泛看漲情緒。

Shivam Thakral, CEO of BuyUcoin, shares a similar viewpoint. Thakral suggests that long-term investors may engage in profit-booking ahead of the halving. He cites the recent net outflow of over 2,990 BTC from Grayscale (GBTC) as evidence of this profit-taking behavior.

BuyUcoin 執行長 Shivam Thakral 也持有類似的觀點。塔克拉建議，長期投資者可能會在減半之前進行獲利了結。他引用了近期灰階（GBTC）超過 2,990 BTC 的淨流出作為這種獲利回吐行為的證據。

Profit-Booking Scenario: A Realistic Possibility

利潤預訂場景：現實的可能性

CoinSwitch Markets Desk echoed this sentiment, cautioning traders to be prepared for both bullish and bearish scenarios. The statement emphasized the likelihood of profit-booking taking place during the halving event itself.

CoinSwitch Markets Desk 呼應了這個觀點，警告交易者為看漲和看跌情況做好準備。該聲明強調了在減半事件期間發生獲利了結的可能性。

Conclusion

結論

The upcoming Bitcoin halving is a significant event that has historically influenced the cryptocurrency market. While many expect a price surge, it is essential to acknowledge the potential for profit-booking, which could result in temporary price fluctuations. Investors should carefully consider these factors and adopt a prudent approach to managing their crypto investments.

即將到來的比特幣減半是歷史上影響加密貨幣市場的重大事件。儘管許多人預計價格會飆升，但必須承認獲利了結的潛力，這可能會導致暫時的價格波動。投資者應仔細考慮這些因素，並採取審慎的方法來管理其加密貨幣投資。