Bitcoin and altcoins face continued short-term risk due to prevailing macroeconomic and global uncertainties, according to Santiment.

根據Santiment的說法，由於宏觀經濟和全球不確定性，比特幣和山寨幣面臨持續的短期風險。

A March 11th Santiment report highlights significant selling pressure from large Bitcoin (BTC) holders, driving prices downward for seven consecutive weeks. Bitcoin's price has fallen from its all-time high of approximately $109,000 on January 19th to a low of $78,000. Santiment attributes this decline to profit-taking by key stakeholders.

3月11日的一份報告強調了大型比特幣（BTC）持有人的巨大銷售壓力，連續七個星期推動了價格。 比特幣的價格從1月19日的歷史最高高點降至78,000美元的低點。 Santiment將這種下降歸因於主要利益相關者的利潤。

The report notes: “[... ] when key stakeholders finally began to take profit on February 19, 2025, prices immediately began to see much steeper drop-offs. It is especially interesting to see that prices have continued to plummet (falling back to a low of $78K today) even after these high capital BTC wallets began to buy back in one week ago on March 3, 2025.”

報告指出：“ [...]主要利益相關者最終於2025年2月19日開始獲利時，價格立即開始看到更陡峭的下降。即使在這些高資本BTC錢包開始在2025年3月3日的一周前開始回購後，價格仍在繼續下降（今天低於今天的7.8萬美元），這一點尤其有趣。”

Social media mentions suggest a public expectation of Bitcoin prices falling to the $69,000-$50,000 range, as these mentions have increased alongside the price decline. Altcoins have experienced even steeper losses than Bitcoin, with Ethereum (ETH) down 29%, Solana (SOL) down 40%, and Dogecoin (DOGE) down 38% over the past 30 days.

社交媒體提到，公眾對比特幣價格的期望下降到69,000美元至50,000美元，因為這些提及隨著價格下跌而增加。 與比特幣相比，AltCoins的損失甚至更陡峭，以太坊（ETH）下跌了29％，Solana（Sol）下跌40％，而Dogecoin（Doge）在過去30天中下跌了38％。

Despite the current downturn, Santiment observes signs of renewed accumulation by long-term holders. The analysts suggest a potential market recovery could be triggered by increased buying from major Bitcoin holders, widespread trader losses, and a heightened sense of fear and uncertainty reflected on social media.

儘管目前經濟低迷，但Santiment觀察到了長期持有人不斷積累的跡象。 分析師認為，可以通過從主要的比特幣持有人，廣泛的交易者損失以及在社交媒體上反映出的恐懼感和不確定性的增強感引發潛在的市場回收。