Crypto Price Prediction: The cryptocurrency market has been notably bearish this week, showcased by the new correction trend in most major coins. Several analysts believe this retracement was bound to happen as the last recovery trend left these assets in an overbought region.
加密貨幣價格預測:本週加密貨幣市場明顯看跌,大多數主要貨幣的新調整趨勢都顯示了這一點。一些分析師認為,由於上次復甦趨勢使這些資產處於超買區域,這種回檔必然會發生。
Moreover, the recent outflow in spot Bitcoin ETFs accelerated the selling and plunged the underlying asset BTC below the $65000 mark. A recent tweet by Wublockchain highlights the spot BTC ETFs witnessed a substantial outflow, with Grayscale ETF GBTC seeing $358 million left in a single day. Cumulatively, GBTC’s outflows have reached $13.63 billion. In contrast, BlackRock’s Bitcoin spot ETF IBIT has experienced a notable inflow of $233 million.
此外,近期比特幣ETF現貨流出加速拋售,導致標的資產BTC跌破65,000美元大關。 Wublockchain 最近的一則推文強調,現貨 BTC ETF 大幅流出,灰階 ETF GBTC 單日流出 3.58 億美元。 GBTC 的資金流出累計已達 136.3 億美元。相比之下,貝萊德的比特幣現貨 ETF IBIT 經歷了 2.33 億美元的顯著流入。
According to SoSoValue, on March 22, the total net outflow of Bitcoin spot ETFs was $93.85 million, continuing a four-day net outflow.
根據SoSoValue數據,3月22日,比特幣現貨ETF淨流出總額為9,385萬美元,延續四天淨流出。
Grayscale ETF GBTC had a single-day net outflow of $358 million, with GBTC's historical net outflow now at $13.63 billion. The Bitcoin spot ETF… pic.twitter.com/SdIOzjf4Ic
灰階ETF GBTC單日淨流出3.58億美元,目前GBTC歷史淨流出量為136.3億美元。比特幣現貨 ETF…pic.twitter.com/SdIOzjf4Ic
— Wu Blockchain (@WuBlockchain) March 22, 2024
— Wu Blockchain (@WuBlockchain) 2024 年 3 月 22 日
However, with the broader trend of bullish retracement, the current correction may benefit the exhausted bullish momentum to regain strength for the higher rally.
然而,隨著更廣泛的看漲回調趨勢,目前的調整可能有利於耗盡的看漲勢頭重新獲得更高反彈的力量。
Also Read: Crypto Prices Today March 22: Bitcoin At $66K, Ethereum Above $3500, XRP & ADA Gain
另請閱讀:3 月 22 日今日加密貨幣價格:比特幣價格為 6.6 萬美元,以太幣價格高於 3500 美元,XRP 和 ADA 上漲
1)Bitcoin (BTC)
Bitcoin is a decentralized digital currency, created in 2009, that enables peer-to-peer transactions without a central authority, using blockchain technology for security. With a capped supply of 21 million coins, this digital gold is viewed as a hedging instrument against inflation which notably affects the traditional market.
1)比特幣(BTC)比特幣(BTC)| TradingviewBitcoin 是一種去中心化數位貨幣,創建於 2009 年,使用區塊鏈技術確保安全,無需中央機構即可進行點對點交易。這種數位黃金的供應量上限為 2,100 萬枚,被視為對沖通貨膨脹的工具,通貨膨脹對傳統市場的影響尤其顯著。
As of the latest update, its market capitalization stands at $1.26 Trillion, with a trading volume of $40.4 billion in the same period. The BTC price is currently in a correction mode as its value rose from the new ATH high of $73800 to $64815 within a fortnight, registering a 12.5% loss.
截至最新更新,其市值為 1.26 兆美元,同期交易量為 404 億美元。 BTC 價格目前正處於回檔模式,兩週內從新高 73800 美元上漲至 64815 美元,下跌 12.5%。
The downfall has recently witnessed renewed buying interest at the combined $60000 and 38.2% Fibonacci retracement level, evidenced by a 9.68% price jump on Wednesday. However, the lack of follow-up to this bullish candle indicates no clear confirmation of recovery thus, the coin holder may expect some consolidation for buyers to regain strength.
最近的下跌見證了 60000 美元和 38.2% 斐波那契回撤位的買盤興趣重新燃起,週三價格上漲 9.68% 就證明了這一點。然而,該看漲蠟燭缺乏後續行動表明沒有明確的復甦確認,因此,代幣持有者可能會預期買家會進行一些盤整以恢復實力。
In case the Bitcoin price loses $60000 support, the buyers may seek the next suitable floor at $56000, aligned with 50% FIB level.
如果比特幣價格失去 60000 美元的支撐,買家可能會在 56000 美元尋求下一個合適的下限,與 50% FIB 水平一致。
Also Read: Bitcoin Price Bounce Back With Fed Meeting: Will Crypto Market Recover?
另請閱讀:比特幣價格隨聯準會會議反彈:加密市場會復甦嗎?
2)Dogecoin(DOGE)
Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency that began as a joke based on the popular “Doge” meme featuring a Shiba Inu dog. The asset stands out for its low transaction fees, fast transaction times, and use in charitable donations and online tipping.
2)狗狗幣(DOGE)狗狗幣(DOGE)| TradingviewDogecoin (DOGE) 是一種點對點開源加密貨幣,最初是一個基於柴犬狗的流行“Doge”模因的笑話。該資產因其低交易費用、快速交易時間以及用於慈善捐贈和在線小費而脫穎而出。
An analysis of the daily chart shows the Dogecoin price correction is resonating between a downsloping resistance trendline and a horizontal support of $0.12. This level coinciding with 61.8% FIB has uplifted the DOGE price by 29.4% to trade at $0.158 currently.
日線圖分析顯示,狗狗幣價格修正在向下傾斜的阻力趨勢線和 0.12 美元的水平支撐之間共振。這一水平與 61.8% FIB 一致,使 DOGE 價格上漲了 29.4%,目前交易價格為 0.158 美元。
As per coinmarketcap, Dogecoin’s current market at $22.77 Billion has climbed to the eighth-largest cryptocurrency surpassing Cardano. If the buying momentum persists, the coin price may rise another 8% to hit the overhead trendline.
根據 coinmarketcap 的數據,狗狗幣目前的市值為 227.7 億美元,已超越卡爾達諾成為第八大加密貨幣。如果購買動能持續下去,代幣價格可能會再上漲 8%,觸及上方趨勢線。
A breakout above this barrier would signal the resumption of prevailing recovery and chase $0.19 to $0.2.
突破這一障礙將標誌著當前復甦的恢復,並追漲 0.19 美元至 0.2 美元。
Also Read: Dogecoin Millionaire Tips Reddit Themed Memecoin To Outperform IPO
另請閱讀:狗狗幣百萬富翁建議 Reddit 主題 Memecoin 跑贏 IPO
3)Internet Computer (ICP)
Internet Computer (ICP) is a blockchain project developed by the DFINITY Foundation to extend the internet’s functionality to support smart contract deployment at web speed and processing power without limits.
3)網際網路電腦(ICP)網路計算機(ICP)| TradingviewInternet Computer (ICP) 是由 DFINITY 基金會開發的區塊鏈項目,旨在擴展互聯網的功能,以無限制地支援智慧合約部署的網路速度和處理能力。
Amid ongoing correction, the ICP coin witnessed an aggressive downfall with its price falling from $16.99 to $10.5 accounting for a 37.9% fall. However, an emerging trendline offered buyers suitable support and surged the altcoin value 24% to trade at $13.09. The market capitalization of Internet Computer Coin recently hit $6.1 billion, with its trading volume over the last 24 hours recorded at $274 million.
在持續的調整中,ICP幣出現了大幅下跌,其價格從16.99美元跌至10.5美元,跌幅為37.9%。然而,一條新興趨勢線為買家提供了適當的支撐,並使山寨幣價值飆升 24%,至 13.09 美元。 Internet Computer Coin 的市值最近達到 61 億美元,過去 24 小時的交易量達到 2.74 億美元。
With sustained buying, the ICP price can rise another 22% to challenge the last high of $16.26, followed by $18.
隨著持續的買盤,ICP 價格可能會再上漲 22%,挑戰最後的高點 16.26 美元,隨後是 18 美元。
Takeaway
The cryptocurrency market is currently in an active correction trend following the lead of the leading digital asset Bitcoin. While the newfound support of $60000 has halted the downward trend in BTC price, the buyers would need a better confirmation for reversal in the form of a bullish pattern or key resistance breakout.
重點:在領先的數位資產比特幣的帶領下,加密貨幣市場目前正處於積極的回檔趨勢。雖然新發現的 60000 美元支撐位已經阻止了 BTC 價格的下跌趨勢,但買家需要以看漲模式或關鍵阻力突破的形式更好地確認逆轉。