鋒利的比特幣（BTC）回調觸發了超過5億美元的長清算，擦除了早期的收益

週一晚些時候，加密貨幣市場的急劇下降觸發了超過5億美元的長期清算，刪除了早期的收益，因為比特幣（BTC）從周末高點滑倒

Crypto markets saw a sharp pullback late Monday, triggering over $500 million in long liquidations and erasing earlier gains as bitcoin (BTC) slipped from weekend highs and traders reacted to de-escalating U.S.-China trade tensions.

加密貨幣市場週一晚些時候出現了急劇的回調，隨著比特幣（BTC）從周末高點滑倒，貿易商對消除美國 - 中國貿易緊張局勢的反應後，觸發了超過5億美元的長期清算，並消除了早期的收益。

Coinglass data shows more than $530 million worth of long positions were liquidated in the past 24 hours — with nearly $200 million coming from bitcoin-tracked futures and $170 million from ether (ETH) products.

Coinglass數據顯示，在過去的24小時內清算了價值超過5.3億美元的長頭寸，其中近2億美元來自比特幣跟踪的期貨，1.7億美元來自Ether（ETH）產品。

Liquidations occur when an exchange forcibly closes a trader’s leveraged position due to insufficient margin. It happens when a trader cannot meet the margin requirements for a leveraged position, that is, when they don't have sufficient funds to keep the trade open.

由於利潤率不足，交換被強行關閉交易者的槓杆位置時，就會進行清算。當交易者無法滿足槓桿頭寸的保證金要求時，即當他們沒有足夠的資金來保持交易開放時。

Major cryptocurrencies lost a portion of last week’s triple-digit percentage gains on Monday, with dogecoin (DOGE) and cardano (ADA) each falling as much as 7%, and solana (SOL), xrp (XRP) and BNB Chain’s BNB losing between 5%–6%.

週一，主要加密貨幣失去了上週三位數的一部分，而Dogecoin（Doge）和Cardano（ADA）分別下降了多達7％，而Solana（Sol），XRP（XRP）和BNB Chain的BNB的BNB損失5％ - 6％。

The liquidations marked a reversal from last week’s euphoric rally, which had seen ETH gain 40% and major altcoins push double-digit percentage gains in a wave of short squeezes. That move had triggered over $1 billion in short liquidations — the highest since 2021 — and sent bitcoin briefly past $104,000 before momentum faded.

清算標誌著上週的欣快集會的逆轉，該集會在短暫的擠壓浪潮中獲得了40％的ETH上漲40％，而主要的Altcoins則提高了雙位數的增長。這一舉動在短暫的清算中觸發了超過10億美元（自2021年以來最高），並在動量消失之前短暫地發送了比特幣。

Markets turned lower during U.S. trading hours Monday after reports of a temporary tariff truce between the U.S. and China, with the removal of several mutual levies and both pledging renewed trade cooperation.

在美國和中國之間有暫時的關稅休戰報告後，市場在美國交易時段越來越少，並取消了幾項相互徵稅，並且都承諾了新的貿易合作。

While easing tensions supported equities, the development may have tempered the risk-on narrative that had fueled crypto’s breakout over the past week.

儘管緩解緊張局勢支持股票，但該發展可能抑制了過去一周加密貨幣突破的風險敘事。

Futures open interest across major exchanges also fell by more than $1.2 billion, suggesting a sharp deleveraging as long traders were forced to exit positions, Coinglass data showed.

Coinglass數據顯示，跨大型交易所的期貨開放利息也下降了超過12億美元，這表明，隨著長期交易者被迫退出職位，急劇的去槓桿化。

Analysts caution that while the near-term flush may reset frothy sentiment, deeper macro moves will still be key for crypto’s next leg up, with eyes on the next Fed meeting in June.

分析人士警告說，儘管近期沖洗可能會重置泡沫的情緒，但更深層的宏觀動作仍然是Crypto下一條腿的關鍵，目光投向了6月的下一次美聯儲會議。

“Right now macro concerns are driving the market and the next Fed decision and outlook remarks in June will likely be the key factor in driving Bitcoin past its previous all-time high,” Jeff Mei, COO at crypto exchange BTSE, told CoinDesk in a Telegram message.

“目前，宏觀擔憂正在推動市場，下一個聯邦政府的決定和6月的前景言論可能是使比特幣以前有史以來高高的關鍵因素。” Crypto Exchange BTSE的COO傑夫·梅（Jeff Mei）在一份Telegram信息中告訴Coindesk。

The reported plan to pause the U.S. economy and cut spending to balance the budget will likely put more pressure on the crypto market in the coming months, the BTSE executive added.

BTSE高管補充說，報告的計劃暫停美國經濟和削減支出以平衡預算的計劃可能會在未來幾個月對加密貨幣市場造成更大的壓力。

“This would stimulate lending and investment in the US economy and hopefully drive growth, avoiding the recession investors are apprehensive about,” Mei added.

梅補充說：“這將刺激美國經濟的貸款和投資，並希望推動增長，避免經濟衰退投資者感到擔憂。”