Bitcoin and Ethereum Dip Amid Inflation Concerns

比特幣和以太坊因通膨擔憂而下跌

On Wednesday, Bitcoin (BTC), the world's leading cryptocurrency, retreated to the $96,000 range. This represents a notable 15% drop from its all-time high of $108,000, achieved in December 2024. Other altcoins also experienced price corrections, with the overall Market Fear & Greed Index hovering at 54 out of 100 (Neutral) according to CoinMarketCap data.

週三，全球領先的加密貨幣比特幣（BTC）回落至 96,000 美元區間。這比2024 年12 月創下的108,000 美元的歷史高點顯著下降了15%。中性）。

Crypto Market Reacts to Inflation

加密貨幣市場對通貨膨脹的反應

Ether's price plummeted 7% in the past 24 hours, trading at $3,355. Dogecoin (DOGE) and Avalanche (AVAX) also witnessed declines exceeding 10% in the same period. These developments align with broader market reactions to the US Job Openings and Labor Turnover Survey (JOLTS) data.

以太坊價格在過去 24 小時內暴跌 7%，交易價格為 3,355 美元。狗狗幣 (DOGE) 和雪崩 (AVAX) 同期跌幅也超過 10%。這些進展與更廣泛的市場對美國職缺和勞動力流動調查 (JOLTS) 數據的反應一致。

CoinGlass reports indicate that the sudden price drop triggered a significant liquidation of around $300 million in long positions across derivatives markets. This substantial leverage flush, the first of its kind in 2025, caught investors off guard, contributing to the downturn in crypto markets. The decline is part of a wider asset devaluation trend, including stocks, driven by concerns over persistent inflation.

CoinGlass 報告顯示，價格突然下跌引發了衍生性商品市場上約 3 億美元多頭部位的大幅清算。這種大規模的槓桿衝刺是 2025 年的首次，讓投資者措手不及，導致了加密貨幣市場的低迷。此次下跌是由對持續通膨的擔憂推動的更廣泛資產貶值趨勢的一部分，其中包括股票。

US stock indices declined, with the Nasdaq dropping over 1% and the S&P 500 losing 0.4% in late morning trading, as indicated by ISM data.

ISM 數據顯示，在早盤交易中，美國股指下跌，那斯達克指數下跌超過 1%，標準普爾 500 指數下跌 0.4%。

Market Sentiment Remains Positive

市場情緒依然樂觀

Despite recent price declines, market sentiment remains predominantly optimistic. Analysts anticipate that Ethereum's price could reach unprecedented heights, with some forecasts suggesting it may hit $12,000 by the end of 2025.

儘管近期價格下跌，但市場情緒依然樂觀。分析師預計以太坊的價格可能會達到前所未有的高度，一些預測表明到 2025 年底可能會達到 12,000 美元。

The realization of Ethereum's potential hinges on two key factors: the successful deployment of its upcoming Pectra upgrade and favorable regulatory conditions, notably under the presidency of Donald Trump.

以太坊潛力的實現取決於兩個關鍵因素：即將到來的 Pectra 升級的成功部署和有利的監管條件，特別是在唐納德·川普擔任總統期間。

Long-term holders' confidence in Ethereum has surged, with the percentage of investors holding their tokens for over a year growing from 59% in January 2024 to 75% by December 2024. This contrasts with Bitcoin, which has experienced a decline in long-term holders during the same period, reflecting increased optimism regarding Ethereum's prospects.

長期持有者對以太坊的信心大幅上升，持有其代幣超過一年的投資者比例從2024 年1 月的59% 增長到2024 年12 月的75%。比特幣的長期持有量下降。

While some experts remain conservative, predicting price ranges between $5,418.74 and $6,224.22, Fidelity Digital Assets' researchers assure investors that it's not too late to embrace the digital asset revolution. They describe the current phase as the "dawn of a new era" that will likely extend for years, if not decades.

雖然一些專家仍然保守，預測價格範圍在 5,418.74 美元到 6,224.22 美元之間，但富達數位資產的研究人員向投資者保證，現在擁抱數位資產革命還為時不晚。他們將當前階段描述為“新時代的黎明”，這個階段可能會持續數年，甚至數十年。