比特币未平仓合约下跌一半，市场分析师呼吁谨慎

比特币大幅下跌，从而破坏了整个加密货币市场的稳定。著名分析服务 CryptoQuant 在最近的一篇文章中指出

Bitcoin's recent sharp decline has had a destabilizing effect on the entire crypto market, with a 16% drop in a single day and a 30% decrease from a recent high in the shorter-term trend. This rapid decrease led to the reduction of 5,500 BTC long positions in the next 24 hours, valued at $303 million using the hourly closing rate.

比特币近期的大幅下跌对整个加密货币市场产生了不稳定影响，单日跌幅达 16%，短期趋势较近期高点跌幅达 30%。这种快速下降导致未来 24 小时内减少 5,500 个 BTC 多头头寸，按每小时收盘价计算，价值 3.03 亿美元。

Prominent analytical service CryptoQuant pointed out in a recent post on X that Bitcoin is set for a tumble alongside global stock markets. The downturn in the market is highlighted by the fact that Bitcoin failed to maintain its momentum after declining by 16% in a day. This slump is significant in comparison to the single-day drops of 10-12% that occurred during the crypto bear market of 2018.

著名分析服务 CryptoQuant 在 X 最近的一篇文章中指出，比特币将与全球股市一起暴跌。比特币在单日下跌16%后未能维持势头，凸显了市场的低迷。与 2018 年加密货币熊市期间 10-12% 的单日跌幅相比，此次暴跌意义重大。

The effects of Bitcoin's free-fall in the given period became even more pronounced within the crypto market as a whole. The market's open interest on major exchanges such as Binance, Bybit, and OKX, which control a vast share of the market's open interest, fell down to almost half of the prior level. This decrease in open interest demonstrates that the market has been severe in its response to Bitcoin's slide down.

比特币在特定时期自由落体的影响在整个加密货币市场中变得更加明显。币安、Bybit、OKX等占据市场持仓量很大份额的主要交易所的市场持仓量下降至之前水平的近一半。未平仓合约的减少表明市场对比特币下跌的反应非常严厉。

Further exacerbating the effects in the market, critical trend lines are at risk. The high in January at $48.9K had also not been maintained. The levels and the consolidation range during February at $51-52k are crucial support levels.

关键趋势线面临风险，这进一步加剧了市场的影响。 1 月份 48,900 美元的高点也未能维持。 2 月份 51-52k 美元的水平和盘整范围是关键的支撑位。

Such levels on CryptoQuant present a risk to the realized price for long-term holders (LTH) if broken. Regarding the 2018 mini-cycle, this situation creates great pressure on the Bitcoin market, which struggles to level its fluctuations, alongside fears for the currency’s future development.

CryptoQuant 上的此类水平如果被打破，就会给长期持有者 (LTH) 的实现价格带来风险。对于2018年的小周期来说，这种情况给比特币市场带来了巨大的压力，比特币市场难以平抑波动，同时也对比特币未来的发展感到担忧。

Such supports are closely watched by market analysts, as the violation leads to the further bears, the level of investor confidence is undermined even more. Such expectations are pretty evident among traders, who tend to avoid more losses and fixate upon resisting considerable declines for a long time.

这种支撑受到市场分析师的密切关注，因为违规会导致进一步的空头，投资者的信心水平会受到更大的打击。这种预期在交易者中非常明显，他们倾向于避免更多损失，并专注于长期抵制大幅下跌。

As a result of such a heavy slump, market participants are now calling for prudence. As a result, the investors are asked to keep abreast with development continue to learn and be ready to operate in conditions of higher risk and volatility. The next few days will be probably decisive for the Bitcoin prices to trade above or below the support levels.

由于如此严重的暴跌，市场参与者现在呼吁谨慎行事。因此，投资者需要跟上发展步伐，继续学习，并做好在风险和波动性较高的情况下进行操作的准备。接下来的几天可能对比特币价格高于或低于支撑位至关重要。