隨著減半後的回調，加密貨幣價格暴跌

在預期的減半後調整之後，加密貨幣價格在周三下午經歷了低迷。比特幣 (BTC) 經歷了快速拋售，跌破 64,000 美元。受特斯拉財報提振，股市最初開盤走高，但後來因對經濟和利率的擔憂而轉為負值。

Cryptocurrency Prices Retreat as Post-Halving Pullback Materializes

隨著減半後回調的實現，加密貨幣價格回落

On Wednesday afternoon, the cryptocurrency markets experienced a correction, driven by the anticipated post-halving price drop. Bitcoin (BTC), the leading cryptocurrency, underwent a rapid sell-off, falling below $64,000.

週三下午，在預期的減半後價格下跌的推動下，加密貨幣市場經歷了調整。領先的加密貨幣比特幣（BTC）經歷了快速拋售，跌破 64,000 美元。

Stocks Decline Amidst Market Uncertainty

市場不確定性導致股市下跌

Equity markets initially opened higher following positive earnings announcements from Tesla. However, concerns about the economy and interest rate movements weighed on sentiment, causing stocks to dip into negative territory in the afternoon.

在特斯拉公佈積極的獲利消息後，股市最初開盤走高。然而，對經濟和利率走勢的擔憂打壓了市場情緒，導致股市下午跌入負值。

"S&P 500 futures remained stable as investors assessed corporate financial data," reported analysts at Secure Digital Markets. "Tesla shares surged over 12% in pre-market trading due to announcements of affordable electric vehicle initiatives, despite a 9% revenue decrease in the first quarter, its most significant year-over-year decline since 2012."

Secure Digital Markets 分析師表示：“隨著投資者評估企業財務數據，標準普爾 500 指數期貨保持穩定。”儘管特斯拉第一季營收下降了9%，這是自2012 年以來最大幅度的同比跌幅，但由於宣布了價格實惠的電動車計劃，特斯拉股價在盤前交易中飆升了12% 以上。

At the closing bell, the Nasdaq gained a marginal 0.10%, the S&P remained flat, and the Dow Jones Industrial Average lost 0.11%.

截至收盤，那斯達克指數小幅上漲 0.10%，標準普爾指數持平，道瓊工業指數下跌 0.11%。

Bitcoin Collapse Triggers Sell-Off

比特幣崩潰引發拋售

Data from TradingView indicates that Bitcoin traded near a support level of $66,500 on Wednesday morning. However, bears intensified their selling pressure, pushing the top cryptocurrency down to a low of $63,560 in the afternoon, marking a 5.25% intraday swing from its high of $67,080.

TradingView 的數據顯示，週三上午比特幣交易價格接近 66,500 美元的支撐位。然而，空頭加大了拋售壓力，下午將頂級加密貨幣推低至 63,560 美元的低點，較 67,080 美元的高點盤中波動 5.25%。

"This movement aligns with the persistent strength exhibited by the US Dollar Index and the 10-year Treasury yield, warranting caution when dealing with risk-laden assets," stated Secure Digital Markets. "Bitcoin must decisively surpass the $67,500 resistance to attract further bullish momentum."

Secure Digital Markets 表示：“這一走勢與美元指數和 10 年期公債殖利率表現出的持續強勢相一致，因此在處理高風險資產時需要謹慎行事。” 「比特幣必須果斷突破 67,500 美元的阻力位，才能吸引進一步的看漲勢頭。”

At the time of writing, BTC traded at $63,880, representing a 3.6% decrease over the past 24 hours.

截至撰寫本文時，BTC 交易價格為 63,880 美元，在過去 24 小時內下跌了 3.6%。

Analysts Highlight Need for Bitcoin to Maintain $60k Support

分析師強調比特幣需要維持 6 萬美元的支撐

"Bears pushed Bitcoin below $60k for several hours," noted market analyst Bloodgood in a recent update. "A lower low on a higher timeframe does not bode well for bulls. However, the formation of a hammer-like candle typically precedes a bullish continuation."

市場分析師布拉德古德在最近的更新中指出：“空頭將比特幣推低至 6 萬美元以下幾個小時。” “在較長的時間範圍內較低的低點對多頭來說並不是好兆頭。然而，錘子狀蠟燭的形成通常先於看漲的延續。”

"Given that the halving occurred over the weekend, I anticipate a trend reversal shortly," predicted Bloodgood. "Historical halving events reveal a retracement of 10-15% before or soon after the event, followed by months of price appreciation."

「鑑於減半發生在周末，我預計趨勢很快就會逆轉，」布拉德古德預測。 「歷史性的減半事件表明，減半事件之前或之後不久會出現 10-15% 的回撤，隨後是數月的價格上漲。”

Despite this, Bloodgood cautioned, "The daily timeframe appears bearish."

儘管如此，布拉德古德警告說，“每日時間框架似乎看跌。”

"A series of lower lows and lower highs accompanied by declining volume suggests a potential further decline unless a significant catalyst emerges," he explained. "The critical level to monitor is $60k, which is crucial for continuation."

他解釋說：“一系列較低的低點和較低的高點伴隨著成交量的下降表明，除非出現重要的催化劑，否則可能會進一步下跌。” “需要監控的關鍵水平是 6 萬美元，這對於持續發展至關重要。”

While this cycle may deviate somewhat from previous halving cycles, Bloodgood believes a parabolic rally remains likely within the next 18 months.

雖然這個週期可能與先前的減半週期有所不同，但 Bloodgood 認為未來 18 個月仍有可能出現拋物線反彈。

"Crypto cycles have historically revolved around halvings," he concluded. "While patterns may evolve over time, they have remained reliable indicators. This cycle is certainly unusual, but the assumption remains that it is far from its end."

「從歷史上看，加密貨幣週期一直圍繞著減半展開，」他總結道。 「雖然模式可能會隨著時間的推移而演變，但它們仍然是可靠的指標。這個週期當然不尋常，但我們仍然假設它還遠未結束。”

According to market analyst Rekt Capital, Bitcoin has entered a "re-accumulation range," a phenomenon typically observed a few weeks before and after halvings.

市場分析師 Rekt Capital 表示，比特幣已進入“重新累積區間”，這種現象通常在減半前後幾週出現。

"This range concludes with a breakout several weeks after the halving," he explained. "Bitcoin is poised for sideways movement, allowing the market to cool after its impressive pre-halving performance."

「這個區間在減半幾週後出現突破，」他解釋道。 “比特幣即將橫盤整理，讓市場在減半前令人印象深刻的表現後降溫。”

Rekt Capital emphasized that the re-accumulation phase can span multiple weeks or even up to 150 days, potentially leading to investor attrition due to a lack of immediate results following the halving.

Rekt Capital 強調，重新累積階段可能會持續數週甚至長達 150 天，由於減半後缺乏即時結果，可能會導致投資者流失。

"When Bitcoin breaks out from the re-accumulation phase, it embarks on a parabolic uptrend," he stated. "Historically, this phase has lasted just over a year. However, the accelerated cycle we are currently experiencing may shorten this timeframe significantly."

「當比特幣突破重新累積階段時，它就會開始拋物線上升趨勢，」他表示。 「從歷史上看，這個階段只持續了一年多。然而，我們目前正在經歷的加速週期可能會大大縮短這個時間。”

Altcoin Market Experiences Widespread Losses

山寨幣市場普遍下跌

The sudden drop in Bitcoin triggered a sell-off in the altcoin market, with most tokens in the top 200 posting losses. Bonk (BONK) emerged as a notable exception, gaining 12.6%. Algorand (ALGO) climbed 11.2%, and DOGGIF (WIF) increased by 6.8%.

比特幣的突然下跌引發了山寨幣市場的拋售，前 200 名中的大多數代幣都出現了虧損。 Bonk (BONK) 成為一個值得注意的例外，上漲 12.6%。 Algorand (ALGO) 上漲 11.2%，DOGGIF (WIF) 上漲 6.8%。

Gnosis (GNO) led the losers with a decline of 13%, followed by Bittensor (TAO) with a loss of 10.5%, and SATS (1000SATS) with a decrease of 9.6%.

Gnosis (GNO) 跌幅最大，跌幅為 13%，其次是 Bittensor (TAO)，跌幅為 10.5%，SAT​​S (1000SATS) 跌幅為 9.6%。

The total cryptocurrency market capitalization currently stands at $2.36 trillion, with Bitcoin's dominance rate at 53.1%.

目前加密貨幣總市值為2.36兆美元，其中比特幣的主導率為53.1%。