隨著基金經理人因狗狗幣而出售比特幣，加密貨幣市場繼續上漲

Bitcoin; Ethereum, Ripple, Solana, and many altcoin projects continue to recover to regain the upward momentum typically associated with “Uptober” in the crypto market. As crypto assets continue their positive growth, the total crypto market value reached $1.15 trillion on October 23, with Bitcoin trading at $31,033 at the time of writing.

比特幣；以太坊、Ripple、Solana 和許多山寨幣項目繼續復甦，重新獲得加密市場中通常與「Uptober」相關的上升勢頭。隨著加密資產持續正成長，加密貨幣總市值於 10 月 23 日達到 1.15 兆美元，截至撰寫本文時，比特幣交易價格為 31,033 美元。

Fund Inflows Accelerate

資金流入加速

October is referred to as “Uptober” based on historical data due to the positive returns in the cryptocurrency market. The Bitcoin and cryptocurrency market volume increased from $1 billion to $2.7 billion on October 15, and the total trading volume has not fallen below $1 billion since October 13.

由於加密貨幣市場的正回報，根據歷史數據，10 月被稱為「Uptober」。比特幣和加密貨幣市場成交量從10月15日的10億美元增加至27億美元，自10月13日以來總交易量從未跌破10億美元。

Bitcoin’s positive returns in October and the increase in volume, with gains achieved more than three times during the month, create an optimism surrounding the increase in volume. October statistically is one of the strongest months for Bitcoin gains, delivering a return of 11.2% so far in 2023.

比特幣在 10 月的正回報和成交量的增加，本月漲幅超過三倍，創造了圍繞成交量增加的樂觀情緒。根據統計，10 月是比特幣漲幅最強勁的月份之一，2023 年迄今的回報率為 11.2%。

The strong performance in October coincided with a period of increased inflows into the cryptocurrency market. Four consecutive weeks of inflows were observed in the cryptocurrency market. In the 42nd week of 2023, total inflows reached $66 million.

10 月的強勁表現恰逢加密貨幣市場資金流入增加的時期。加密貨幣市場連續四周出現資金流入。 2023 年第 42 週，總流入額達 6,600 萬美元。

Halving Time is Running Out

減半時間已經不多了

Bitcoin. is regaining its dominance in the cryptocurrency market ahead of the halving event scheduled for April 2024. For the first time since June 28, Bitcoin’s market share is above 50% compared to the total cryptocurrency market value. Bitcoin dominance surpassed 51% on October 23.

比特幣。在定於 2024 年 4 月舉行的減半事件之前，比特幣正在重新奪回加密貨幣市場的主導地位。自 6 月 28 日以來，比特幣的市場份額首次超過加密貨幣總市值的 50%。 10 月 23 日，比特幣的主導地位超過了 51%。

Typically, when Bitcoin’s market dominance ends, the focus turns to altcoins. This dominance comes immediately after Bitcoin models indicating the potential for reaching $130,000 following the 2024 BTC halving event. Despite these models, analysts suggest that for Bitcoin to avoid the bearish fractal indicated in the charts, it needs to surpass the $31,000 resistance level.

通常，當比特幣的市場主導地位結束時，焦點就會轉向山寨幣。這種主導地位緊隨比特幣模型顯示 2024 年 BTC 減半事件後可能達到 13 萬美元。儘管有這些模型，分析師認為，比特幣要避免圖表中所示的看跌分形，它需要突破 31,000 美元的阻力位。

Losses Increase in Futures Trading

期貨交易損失增加

With the rally in the cryptocurrency market, over $91 million worth of short positions were liquidated within 24 hours. Bitcoin had the highest number of short position liquidations, with $37.3 million worth of short positions being wiped out, while the largest single liquidation occurred in the Bitmez exchange with a $2.23 million Ethereum short position.

隨著加密貨幣市場的上漲，價值超過 9,100 萬美元的空頭部位在 24 小時內被清算。比特幣的空頭部位清算數量最多，價值 3,730 萬美元的空頭部位被平倉，而最大的單筆清算發生在 Bitmez 交易所，價值 223 萬美元的以太坊空頭部位。

Despite the losing streak of investors who prefer short positions in the futures market, 66% of the futures market is taking a long position. The continuation of short positions could potentially lead to a short squeeze and further price increases.

儘管偏好期貨市場空頭部位的投資者連跌，但66%的期貨市場持有多頭部位。空頭部位的持續可能會導致軋空和價格進一步上漲。