Cryptocurrency Market Experiences Massive Liquidation

加密貨幣市場經歷大規模清算

Over the past 24 hours, the cryptocurrency market has witnessed a significant decline in prices, including Bitcoin, leading to a surge in liquidations. According to CoinGlass's on-chain data, approximately 99,014 traders were liquidated, resulting in a total liquidation value of $286.26 million.

過去24小時，包括比特幣在內的加密貨幣市場價格大幅下跌，導致清算激增。根據CoinGlass鏈上數據，約有99,014名交易者被清算，總清算價值為2.8626億美元。

Bitcoin Liquidation

比特幣清算

Bitcoin accounted for $69.2 million of the total liquidations, with $44.92 million in long trades and $22.29 million in short trades.

比特幣佔清算總額 6,920 萬美元，其中多頭交易 4,492 萬美元，空頭交易 2,229 萬美元。

Ethereum Liquidation

以太坊清算

Ethereum experienced a higher liquidation value than Bitcoin, totaling $91.73 million. Other digital assets such as Solana (SOL), Dogecoin (DOGE), and others collectively recorded liquidations of $40.20 million.

以太坊的清算價值高於比特幣，總計 9,173 萬美元。 Solana (SOL)、Dogecoin (DOGE) 等其他數位資產總共清算了 4,020 萬美元。

Exchange-Specific Liquidations

特定於交易所的清算

The massive liquidations were observed across major exchanges, including Binance, OKX, ByBit, Huobi, and Bitfinex. Binance recorded the largest single liquidation.

包括 Binance、OKX、ByBit、Huobi 和 Bitfinex 在內的主要交易所都出現了大規模清算。幣安創下最大單筆清算紀錄。

Underlying Factors

潛在因素

The specific reasons behind the liquidations remain unclear, but the sentencing of Changpeng 'CZ' Zhao may have played a role.

清算背後的具體原因尚不清楚，但趙長鵬「CZ」的判決可能起了一定作用。

Bitcoin Price Decline

比特幣價格下跌

Amidst the sell-off and market uncertainty, traders are expressing concern as the liquidations erase recent gains. Bitcoin, which reached $73,000 in March and found support at $65,000 in recent weeks, is now trading at $60,437.79, marking a 4.11% decrease over the past 24 hours.

在拋售和市場不確定性的情況下，交易員對清算抹去了近期漲幅表示擔憂。比特幣在 3 月達到 73,000 美元，最近幾週在 65,000 美元找到支撐，目前交易價格為 60,437.79 美元，在過去 24 小時內下跌了 4.11%。

Technical Indicators

技術指標

Technical indicators suggest a potential decline in Bitcoin's price, increasing the likelihood of a further drop below $60,000.

技術指標顯示比特幣價格可能下跌，進一步跌破 6 萬美元的可能性增加。

ETF Hype Slowdown

ETF炒作放緩

The slowdown in the hype surrounding spot Bitcoin ETFs, which began prior to the halving event, is believed to be contributing to the price decline. The launch of a spot Bitcoin ETF in Hong Kong failed to appease investors due to lower-than-expected trading volume.

據信，減半事件之前開始的圍繞現貨比特幣 ETF 的炒作放緩是導致價格下跌的原因之一。由於交易量低於預期，香港推出現貨比特幣 ETF 未能安撫投資者。

Analysts' Speculation

分析師的猜測

Despite the recent dip, some analysts believe Bitcoin can still reach $70,000 or even $100,000 post-halving. Ethereum has also experienced a decline of 6.46%, currently trading at $2,971.75.

儘管近期有所下跌，但一些分析師認為比特幣減半後仍可達到 7 萬美元甚至 10 萬美元。以太坊也下跌了 6.46%，目前交易價格為 2,971.75 美元。