加密市场在周末变成红色

比特币（BTC）从每日高点111,200美元下降到周五的$ 107,000，导致情绪迅速改变。

The crypto market turned red over the weekend, with Dogecoin (DOGE), Cardano’s ADA, and XRP each dropping over 7% as profit-taking set in after a strong week.

加密货币市场在周末变成红色，Dogecoin（Doge），Cardano的ADA和XRP均在一个强大的一周后降低了7％以上的7％。

Bitcoin fell from a daily high of $111,200 to just over $107,000 on Friday as President Donald Trump revived fears of a tariff war with the European Union — threatening a 50% levy as talks were “going nowhere.”

周五，比特币从每天的111,200美元下降到刚好超过107,000美元，因为唐纳德·特朗普总统恢复了对与欧盟的关税战争的担忧 - 威胁要征收50％的征税，因为谈判“无处可去”。

The drop in price also caused a swift change in sentiment, with market cap shedding 5% and the broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens, fell 2.2% as traders moved to lock in gains amid rising volatility.

价格下跌也导致了情绪的迅速变化，市值降低了5％，基于较大的液体指数跟踪最大代币的液体指数（CD20），随着交易者在波动率上升的增长中锁定增长，液体指数下降了2.2％。

The move comes despite bitcoin touching fresh highs above $111,500 just days earlier, with ETF inflows, stablecoin legislation, and institutional buying supporting its rally. But those same tailwinds haven’t kept altcoins afloat in the short term.

此举尽管比特币在几天前就触及了111,500美元以上的新鲜高点，而ETF流入，Stablecoin立法和机构购买支持其集会。但是，这些相同的逆风在短期内并没有使Altcoins漂浮。

“Bitcoin reaching a new all-time high also carries altcoins toward a bullish direction,” said Haiyang Ru, co-CEO of HashKey Group, said in a Telegram message. “But if BTC’s volatility picks up again, traders may rotate into regulated stablecoins — especially with new frameworks in the U.S. and Hong Kong easing that transition.”

Hashkey Group的联合首席执行官Haiyang Ru说：“达到新的历史最高水平的比特币也朝着看涨的方向朝着看涨的方向。” “但是，如果BTC的波动再次恢复，交易者可能会旋转成受监管的稳定者，尤其是在美国和香港缓解过渡的新框架中。”

And crypto sentiment recently hit levels last seen in January, just as BTC and ETH reached critical resistance zones, according to Alex Kuptsikevich, chief analyst at FxPro. “Unlike previous BTCUSD rallies, the current movement is not just momentum-driven but backed by real demand and macro factors,” he noted.

FXPRO首席分析师Alex Kuptsikevich表示，即将BTC和ETH达到关键的抵抗区，最近一次出现了加密情绪，最近一次遇到了一月份的水平。他指出：“与以前的BTCUSD集会不同，目前的运动不仅是动量驱动的，而且还以真实的需求和宏观因素的支持。”

Still, markets are showing signs of fatigue. Ethereum is struggling to break past its 200-day moving average near $2,650, while altcoins that previously surged — such as HYPE and EIGEN — are now cooling off after double-digit gains.

尽管如此，市场仍显示出疲劳的迹象。以太坊正努力超越其200天的移动平均值接近2,650美元，而以前飙升的山寨币（例如Hype and Eigen）现在在两位数的增长后正在冷却。

And if BTC doesn’t manage to establish a new support zone, we could see even steeper losses for altcoins, analysts warn.

分析师警告说，如果BTC没有设法建立新的支持区，我们可能会看到山寨币的损失更大。

For now, the weekend pullback showcases the fragility of rallies in low-liquidity conditions and the speed at which sentiment can change.

目前，周末的回调在低流动性条件下展示了集会的脆弱性以及情绪改变的速度。