随着减半后的回调，加密货币价格暴跌

在预期的减半后调整之后，加密货币价格在周三下午经历了低迷。比特币 (BTC) 经历了快速抛售，跌破 64,000 美元。受特斯拉财报提振，股市最初开盘走高，但后来由于对经济和利率的担忧而转为负值。

Cryptocurrency Prices Retreat as Post-Halving Pullback Materializes

随着减半后回调的实现，加密货币价格回落

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.

周三下午，在预期的减半后价格下跌的推动下，加密货币市场经历了调整。领先的加密货币比特币（BTC）经历了快速抛售，跌破 64,000 美元。

Stocks Decline Amidst Market Uncertainty

市场不确定性导致股市下跌

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.

在特斯拉公布积极的盈利消息后，股市最初开盘走高。然而，对经济和利率走势的担忧打压了市场情绪，导致股市下午跌入负值。

"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 分析师表示：“随着投资者评估企业财务数据，标准普尔 500 指数期货保持稳定。”尽管特斯拉第一季度收入下降了 9%，这是自 2012 年以来最大幅度的同比跌幅，但由于宣布了价格实惠的电动汽车计划，特斯拉股价在盘前交易中飙升了 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%.

截至收盘，纳斯达克指数小幅上涨 0.10%，标准普尔指数持平，道琼斯工业平均指数下跌 0.11%。

Bitcoin Collapse Triggers Sell-Off

比特币崩溃引发抛售

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 的数据显示，周三上午比特币交易价格接近 66,500 美元的支撑位。然而，空头加大了抛售压力，下午将顶级加密货币推低至 63,560 美元的低点，较 67,080 美元的高点盘中波动 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：“这一走势与美元指数和 10 年期国债收益率表现出的持续强势相一致，因此在处理高风险资产时需要谨慎行事。” “比特币必须果断突破 67,500 美元的阻力位，才能吸引进一步的看涨势头。”

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

截至撰写本文时，BTC 交易价格为 63,880 美元，在过去 24 小时内下跌了 3.6%。

Analysts Highlight Need for Bitcoin to Maintain $60k Support

分析师强调比特币需要维持 6 万美元的支撑

"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."

市场分析师布拉德古德在最近的更新中指出：“空头将比特币推低至 6 万美元以下几个小时。” “在较长的时间范围内较低的低点对多头来说并不是好兆头。然而，锤子状蜡烛的形成通常先于看涨的延续。”

"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."

“鉴于减半发生在周末，我预计趋势很快就会逆转，”布拉德古德预测。 “历史性的减半事件表明，减半事件之前或之后不久会出现 10-15% 的回撤，随后是数月的价格上涨。”

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

尽管如此，布拉德古德警告说，“每日时间框架似乎看跌。”

"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."

他解释说：“一系列较低的低点和较低的高点伴随着成交量的下降表明，除非出现重要的催化剂，否则可能会进一步下跌。” “需要监控的关键水平是 6 万美元，这对于持续发展至关重要。”

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

虽然这一周期可能与之前的减半周期有所不同，但 Bloodgood 认为未来 18 个月内仍有可能出现抛物线反弹。

"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."

“从历史上看，加密货币周期一直围绕着减半展开，”他总结道。 “虽然模式可能会随着时间的推移而演变，但它们仍然是可靠的指标。这个周期当然不寻常，但我们仍然假设它还远未结束。”

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

市场分析师 Rekt Capital 表示，比特币已进入“重新积累区间”，这种现象通常在减半前后几周出现。

"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."

“这个区间在减半几周后出现突破，”他解释道。 “比特币即将横盘整理，让市场在减半前令人印象深刻的表现后降温。”

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 强调，重新积累阶段可能会持续数周甚至长达 150 天，由于减半后缺乏即时结果，可能会导致投资者流失。

"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."

“当比特币突破重新积累阶段时，它就会开始抛物线上升趋势，”他表示。 “从历史上看，这个阶段只持续了一年多。然而，我们目前正在经历的加速周期可能会大大缩短这个时间。”

Altcoin Market Experiences Widespread Losses

山寨币市场普遍下跌

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%.

比特币的突然下跌引发了山寨币市场的抛售，前 200 名中的大多数代币都出现了亏损。 Bonk (BONK) 成为一个值得注意的例外，上涨 12.6%。 Algorand (ALGO) 上涨 11.2%，DOGGIF (WIF) 上涨 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，跌幅为 13%，其次是 Bittensor (TAO)，跌幅为 10.5%，SAT​​S (1000SATS) 跌幅为 9.6%。

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

目前加密货币总市值为2.36万亿美元，其中比特币的主导率为53.1%。