金价创历史新高，比特币暴跌至 69,000 美元

4 月 12 日华尔街开盘后，比特币 (BTC) 一度跌向 69,000 美元，被金价飙升所掩盖。尽管灰度比特币信托基金（GBTC）的资金流出减少，但比特币的表现仍不佳。分析师将价格下跌归因于低于 70,000 美元的出价流动性下降以及 Coinbase 上比特币溢价差距的扩大。包括比特币在内的风险资产面临下跌趋势，而黄金则创下历史新高，引发了一些分析师对宏观经济格局的担忧。

Bitcoin Loses Momentum, Falling Towards $69,000 as Gold Soars to Record Highs

随着黄金飙升至历史新高，比特币失去动力，跌向 69,000 美元

April 13, 2022

2022 年 4 月 13 日

New York, NY - Bitcoin (BTC) has succumbed to a downward trend in the wake of the Wall Street opening on April 12th, retreating towards the vicinity of $69,000. This decline has occurred as gold has surged to new all-time highs, eclipsing BTC's price action.

纽约 - 4 月 12 日华尔街开盘后，比特币 (BTC) 陷入下跌趋势，回落至 69,000 美元附近。此次下跌是在黄金飙升至历史新高、超越比特币价格走势之际发生的。

Analysis of data from Cointelegraph Markets Pro and TradingView reveals a lackluster performance for BTC/USD towards the end of the week. Despite reduced outflows from the Grayscale Bitcoin Trust (GBTC), Bitcoin has exhibited a hesitant sentiment, with bid liquidity being absorbed below the $70,000 threshold.

Cointelegraph Markets Pro 和 TradingView 的数据分析显示，比特币/美元在本周末表现不佳。尽管灰度比特币信托基金 (GBTC) 的资金流出减少，但比特币仍表现出犹豫不决的情绪，出价流动性在 70,000 美元的门槛以下被吸收。

J. A. Maartunn, a contributor to the on-chain analytics platform CryptoQuant, has highlighted the influence of Coinbase on this decline. Maartunn has pointed to the disparity in spot Bitcoin premiums across major exchanges, with Coinbase exhibiting a lower price compared to Binance.

链上分析平台 CryptoQuant 的贡献者 J. A. Maartunn 强调了 Coinbase 对这一下降的影响。 Maartunn 指出，主要交易所的现货比特币溢价存在差异，Coinbase 的价格低于币安。

The surge in risk assets has been directed towards gold, which has reached a record high of $2,431 per ounce. By contrast, United States equities have followed Bitcoin's downward trajectory, with both the S&P 500 and Nasdaq 100 indexes experiencing declines of approximately 1% at the time of writing.

风险资产的飙升已指向黄金，黄金已达到每盎司2,431美元的历史新高。相比之下，美国股市跟随比特币的下跌轨迹，在撰写本文时，标准普尔 500 指数和纳斯达克 100 指数均下跌约 1%。

The atypical behavior of gold has raised concerns among some analysts, including the trading resource The Kobeissi Letter. They have observed that the current macroeconomic landscape is generally conducive to a decline in gold prices, highlighting the exception of central bank stockpiling and escalating geopolitical tensions.

黄金的非典型行为引起了一些分析师的担忧，其中包括交易资源《科比西信函》。他们观察到，当前的宏观经济格局总体上有利于金价下跌，凸显了央行囤积库存和地缘政治紧张局势升级的例外情况。

"Every single factor that has historically led to LOWER gold prices is happening now. Except for 2 key factors, central banks are stocking up on gold and geopolitical tensions are skyrocketing," the Kobeissi Letter stated in an X post. "When gold is behaving so strangely, it leads you to one key question: Does someone know something?"

“历史上导致金价下跌的每一个因素现在都在发生。除了两个关键因素外，各国央行都在囤积黄金，地缘政治紧张局势正在加剧，”Kobeissi Letter 在 X 帖子中表示。 “当黄金表现如此奇怪时，就会引出一个关键问题：有人知道一件事吗？”

Within the narrow range that BTC/USD has occupied for several weeks, traders observing short timeframes have found little of interest. Instead, attention has shifted towards the impending block subsidy halving, which has the potential to introduce volatility.

在比特币/美元连续几周占据的窄幅区间内，观察短时间框架的交易者几乎没有兴趣。相反，人们的注意力已经转向即将到来的集体补贴减半，这有可能带来波动。

Popular trader and analyst Rekt Capital has identified a "re-accumulation phase" in the current market conditions. "As is historically the case, Bitcoin is developing a clear Re-Accumulation Range going into the Halving," he explained in an X post. "This is the range Bitcoin would likely break out from weeks after the Halving."

受欢迎的交易员和分析师 Rekt Capital 已确定当前市场状况处于“重新积累阶段”。 “与历史上的情况一样，比特币正在制定一个明确的减半再积累范围，”他在 X 帖子中解释道。 “这是比特币在减半后几周可能突破的范围。”

Cointelegraph has previously reported on the ongoing consolidation near Bitcoin's previous all-time highs, a phenomenon that has been prevalent in past macro breakout events. In a subsequent post, Rekt Capital suggested that the re-accumulation phase could potentially extend for up to five months.

Cointelegraph 此前曾报道过比特币在之前历史高点附近的持续盘整，这种现象在过去的宏观突破事件中很普遍。在随后的帖子中，Rekt Capital 表示，重新积累阶段可能会延长长达五个月。

"Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving," Rekt Capital noted.

Rekt Capital 指出：“许多投资者在这一阶段因无聊、不耐烦以及对比特币投资在减半后缺乏重大成果而感到失望而感到震惊。”

This article is not intended to provide investment advice or recommendations. All investment and trading involve significant risks, and individuals should conduct their own thorough research before making any decisions.

本文无意提供投资建议或建议。所有投资和交易都涉及重大风险，个人在做出任何决定之前应进行彻底的研究。