The crypto market, known for its volatility and unpredictable swings, has once again taken center stage as Bitcoin grapples with challenges that have left its market price ensnared in the bearish claws.

隨著比特幣努力應對導致其市場價格陷入看跌魔爪的挑戰，以其波動性和不可預測的波動而聞名的加密貨幣市場再次佔據了中心舞台。

As of now, the global crypto market cap is $1.65 trillion, a 1.13% increase over the last 24 hours and an 86.3% increase over a year ago. Bitcoin’s (BTC) market cap is at $817 billion, marking a 49.48% crypto market dominance. 

截至目前，全球加密貨幣市值為1.65兆美元，較過去24小時成長1.13%，較一年前成長86.3%。比特幣 (BTC) 市值為 8,170 億美元，佔據加密貨幣市場 49.48% 的主導地位。

Meanwhile, the market cap of stablecoins is $130 billion, accounting for 7.89% of the total crypto market capitalization.

同時，穩定幣市值為1,300億美元，佔加密貨幣總市值的7.89%。

Crypto remains in a market bull trap

加密貨幣仍處於市場牛市陷阱中

The current week has been difficult for crypto Prices, as market participants appear to be taking a breather in a volatile market scenario. In addition, significant economic indicators such as the US Consumer Price Index (CPI) and Producer Price Index (PPI) are set to be released this week.

本週對於加密貨幣價格來說是困難的一周，因為市場參與者似乎在動盪的市場環境中喘口氣。此外，美國消費者物價指數（CPI）和生產者物價指數（PPI）等重要經濟指標也將於本周公布。

 According to analysts, investors are looking forward to the vital inflation report since it could shed light on the Federal Reserve’s future rate hike intentions.

分析師表示，投資人正在等待重要的通膨報告，因為它可能揭示聯準會未來的升息意圖。

Digital asset investors worry that the market is stuck in a bull trap. True to that, the crypto market is trading in the red today. As of the time of writing, the value of Bitcoin stands at $41,828.12, accompanied by a 24-hour trading volume of $32,187,508,785.16. 

數位資產投資者擔心市場陷入多頭陷阱。確實如此，加密貨幣市場目前正處於虧損狀態。截至撰寫本文時，比特幣的價值為 41,828.12 美元，24 小時交易量為 32,187,508,785.16 美元。

This indicates that the price has decreased by -0.53% over the last 24 hours and increased by 0.43% over the past week. The Bitcoin Fear and Greed Index is now 67, down from 74 last week.

這表明價格在過去 24 小時內下跌了 -0.53%，在過去一周內上漲了 0.43%。比特幣恐懼和貪婪指數目前為 67，低於上週的 74。

The second largest coin, Ethereum, has also taken a hit. Today’s Ethereum (ETH) price is $2,234.85, with a 24-hour trading volume of $17,487,527,942.74. This indicates a -0.18% decrease in the last 24 hours and a 0.26% gain in the last seven days. 

第二大貨幣以太幣也受到了打擊。今日以太幣（ETH）價格為2,234.85美元，24小時交易量為17,487,527,942.74美元。這表明過去 24 小時內下跌了 -0.18%，過去 7 天內上漲了 0.26%。

Crypto market performance today

今日加密貨幣市場表現

The overall digital asset market performance has been adversely affected by the recent selloff in digital assets, which is evident in the decline in the prices of major crypto coins. Dogecoin (DOGE) is under heavy selling pressure. 

整體數位資產市場表現受到近期數位資產拋售的不利影響，主要加密貨幣價格的下跌就反映了這一點。狗狗幣（DOGE）面臨巨大的拋售壓力。

Dogecoin is currently trading at $0.096748 with a 24-hour trading volume of $1,640,325,351.00 as of press time. This indicates a 0.23 % decrease in the last 24 hours and a 9.54% gain in the last seven days.

截至發稿，狗狗幣目前交易價格為 0.096748 美元，24 小時交易量為 1,640,325,351.00 美元。這表明過去 24 小時內下跌 0.23%，過去 7 天上漲 9.54%。

Following this recent breakout, Dogecoin’s price is now vulnerable to further losses, with support at $0.0900 at risk of being lost. The next critical support level is at $0.0840, and a breach may result in an 11.5% drop in the coin.

在最近的突破之後，狗狗幣的價格現在很容易進一步下跌，支撐位為 0.0900 美元，但有失去的風險。下一個關鍵支撐位是 0.0840 美元，突破可能導致代幣下跌 11.5%。

Dogecoin creator Billy Markus, better known on Twitter as Shibetoshi Nakamoto, responded to gloomy comments in the early hours of Monday. Markus posted on Twitter, “oh no crypto died everything is dead blah blah blah.” The community embraced the joke well, including applause from Elon Musk, the owner of X and popularly known as the “DOGEfather.”

狗狗幣創始人比利馬庫斯（Billy Markus）（在 Twitter 上更為人所知的名字是 Shibetoshi Nakamoto）於週一凌晨回應了悲觀的評論。馬庫斯在推特上寫道：“哦，沒有加密貨幣死了，一切都死了等等等等。”社區很好地接受了這個笑話，包括 X 的所有者、俗稱“DOGE 之父”的 Elon Musk 的掌聲。

Some crypto coins have weathered the storm

一些加密貨幣經受住了風暴

Following a significant price drop to $66 earlier on Monday, December 12, the Solana (SOL) Price has swiftly recovered by 10%, currently trading at $71. The recent surge in Solana has been fueled by intense DeFi activity within the Solana ecosystem. Solana’s price has increased roughly fivefold in the last two months.

繼 12 月 12 日星期一早些時候價格大幅下跌至 66 美元後，Solana (SOL) 價格迅速回升 10%，目前交易價格為 71 美元。 Solana 生態系統內激烈的 DeFi 活動推動了 Solana 最近的飆升。 Solana 的價格在過去兩個月中上漲了大約五倍。

Solana is trading at $71.49 today, with a 24-hour trading volume of $2,993,415,098.39. This is a 4.43% increase in the last 24 hours and a 19.77% gain in the last 7 days.

Solana 今天的交易價格為 71.49 美元，24 小時交易量為 2,993,415,098.39 美元。過去24小時內漲幅為4.43%，過去7天內漲幅為19.77%。

DeFiLlama claims a significant growth in the number of stablecoins on the Solana blockchain in the last week, with an 8% increase to $1.676 billion. USDC, the second-largest stablecoin on the chain, increased by 20%, hitting $735 million. However, the USDT supply remained basically unaltered.

DeFiLlama 聲稱上週 Solana 區塊鏈上的穩定幣數量大幅成長，成長 8% 至 16.76 億美元。鏈上第二大穩定幣USDC上漲20%，達7.35億美元。但USDT供應量基本上沒有變化。

AVAX, Avalanche’s native cryptocurrency, has increased by 20% in the last 24 hours, reaching $42 and unseating Dogecoin as the ninth-largest crypto by market cap. With this move, Avalanche has increased its weekly gains to 85%, the highest among the top ten crypto coins.

Avalanche 的原生加密貨幣 AVAX 在過去 24 小時內上漲了 20%，達到 42 美元，並取代狗狗幣成為市值第九大加密貨幣。透過這項舉措，Avalanche 將週漲幅提高至 85%，是十大加密貨幣中最高的。

Avalanche is trading at $40.75 today, with a 24-hour trading volume of $3,101,978,404.46. This is a 17.25% gain in the last 24 hours and an 83.66% increase in the last 7 days. 

Avalanche 今日交易價格為 40.75 美元，24 小時交易量為 3,101,978,404.46 美元。這是過去24小時上漲17.25%，最近7天內上漲83.66%。