Bitcoin Market Declines Despite Saturday Recovery

儘管週六復甦，比特幣市場仍下跌

On Sunday, bears reversed Saturday's recovery in the Bitcoin market, sending altcoins back into a downtrend. The supply of Bitcoin increased, leading to a drop in the early hours of Asian trading on Monday.

週日，空頭逆轉了比特幣市場週六的復甦，使山寨幣重新陷入下跌趨勢。比特幣供應量增加，導致亞洲交易週一下跌。

Bitcoin Performance

比特幣表現

Bitcoin is currently trading at $55,269, with an intraday loss of 1.30% and a low of $54,296. The bearish sentiment has led to long liquidations, with major cryptocurrencies falling by 5% or more.

比特幣目前交易價格為 55,269 美元，盤中下跌 1.30%，最低至 54,296 美元。看跌情緒導致多頭清算，主要加密貨幣下跌 5% 或更多。

Altcoin Performance

山寨幣表現

Ethereum, Solana, and Toncoin have declined by 5.25%, 7.23%, and 5.45%, respectively. Meme coins have been hit particularly hard, with DOGE, SHIB, and PEPE dropping by 8.08%, 7.64%, and 12.84%, respectively.

以太幣、Solana 和 Toncoin 分別下跌 5.25%、7.23% 和 5.45%。 Meme 幣受到的打擊尤其嚴重，DOGE、SHIB 和 PEPE 分別下跌 8.08%、7.64% 和 12.84%。

Bitcoin Price Analysis

比特幣價格分析

Bitcoin's decline continues, with the price falling below $56,000. This has created a bearish engulfing candle on the daily chart, signaling a bearish trend. Long liquidations have added to the negative sentiment.

比特幣繼續下跌，價格跌破 56,000 美元。這在日線圖上形成了一根看跌吞沒蠟燭，預示著看跌趨勢。長期清算加劇了負面情緒。

Bitcoin Hashrate Drawdown

比特幣算力下降

The Bitcoin network's hashrate drawdown has reached levels last seen in December 2022. Historically, such drawdowns have coincided with major price movements. However, the current price action suggests otherwise, as the BTC price has fallen below $56,000.

比特幣網路的算力下降已達到 2022 年 12 月最後一次出現的水平。然而，當前的價格走勢表明情況並非如此，因為 BTC 價格已跌破 56,000 美元。

Mt. Gox Payout

Mt. Gox 支付

The payout scheme from the collapse of the Mt. Gox exchange in 2014 has raised concerns about a massive supply dump. Creditors will receive Bitcoin (BTC) or Bitcoin Cash (BCH) within the next 2 weeks or 3 months. This could potentially cause market instability.

2014 年 Mt. Gox 交易所倒閉的支付計畫引發了人們對大規模供應拋售的擔憂。債權人將在未來 2 週或 3 個月內收到比特幣 (BTC) 或比特幣現金 (BCH)。這可能會導致市場不穩定。

Bitcoin Outlook

比特幣展望

The ongoing market uncertainty is likely to result in continued bearish momentum this week. Bitcoin may seek support at $52,000, and a potential death cross between the 50D and 200D EMA could further extend the decline. Altcoins are also expected to experience significant selloffs and liquidations.

持續的市場不確定性可能會導致本週持續看跌勢頭。比特幣可能會在 52,000 美元處尋求支撐，50 日和 200 日均線之間潛在的死亡交叉可能​​會進一步擴大跌勢。山寨幣預計也將經歷大幅拋售和清算。