Bitcoin Pullback After Reaching New High

比特幣觸及新高後回調

After hitting an all-time high near $69,500 earlier this week, Bitcoin (BTC) has experienced a modest correction. Altcoins have also seen a downturn.

在本週早些時候觸及 69,500 美元附近的歷史高點後，比特幣 (BTC) 經歷了小幅調整。山寨幣也出現了低迷。

Reasons for the Decline

下降的原因

Analysts attribute the decline to several factors:

分析師將下降歸因於以下幾個因素：

• Bitcoin's failure to break through the crucial $70,000 resistance level.
• Investors cashing in on earlier gains.
• An end to the inflow of funds into spot Bitcoin ETFs.
• A pause in stablecoin issuance, which is seen as a liquidity source for cryptocurrency purchases.

Market Impact

比特幣未能突破關鍵的 70,000 美元阻力位。

Bitcoin is currently trading around $66,340, a slight decline from its peak.

比特幣目前交易價格約為 66,340 美元，較高峰略有下跌。

Analyst Insights

分析師見解

According to Alex Kuptsikevich, a senior analyst at FxPro, "The main reason for the entire crypto market decline is that the bears in Bitcoin successfully defended an attack on the $70,000 level."

FxPro 高級分析師 Alex Kuptsikevich 表示，“整個加密貨幣市場下跌的主要原因是比特幣空頭成功抵禦了對 70,000 美元水平的攻擊。”

He also noted that stablecoin volumes have not increased since late September, potentially hindering the broader cryptocurrency market's growth.

他還指出，自 9 月底以來，穩定幣交易量並沒有增加，這可能會阻礙更廣泛的加密貨幣市場的成長。

Disclaimer

免責聲明

This is not financial advice.

這不是財務建議。