Crypto Market Slumps, Nearing $3T Support

加密貨幣市場暴跌，接近 3T 美元支撐位

The total crypto market capitalization has plummeted by $82 billion, hovering near the crucial $3 trillion support level. SAND, a metaverse token, led the decline in altcoins, losing 18% in 24 hours.

加密貨幣總市值暴跌 820 億美元，徘徊在關鍵的 3 兆美元支撐位附近。元界代幣 SAND 領跌山寨幣，24 小時內下跌 18%。

Market Oversold, Risks Breaching Support

市場超賣，有突破支撐位的風險

The MACD indicator signals an increase in selling pressure, suggesting that the market is oversold and at risk of breaching the $3 trillion support. If selling continues, the market could drop further to $2.72 trillion.

MACD指標顯示拋售壓力增加，顯示市場超賣並面臨突破3兆美元支撐位的風險。如果拋售持續，市場可能進一步跌至 2.72 兆美元。

Weekend Trading Contributes to Volatility

週末交易導致波動

Low trading volumes over the weekend have amplified price fluctuations. The movement of over 74,000 BTC to spot exchanges indicates profit-taking activity, adding to the downward pressure on prices.

週末的低交易量放大了價格波動。超過 74,000 BTC 流入現貨交易所表明獲利了結活動，增加了價格的下行壓力。

Metaverse Token SAND Plunges

Metaverse Token SAND 暴跌

SAND has been the biggest loser in the market, dropping 18%. It currently trades at $0.66, a 23% decline from its recent high.

SAND 是市場上跌幅最大的，下跌了 18%。目前其交易價格為 0.66 美元，較近期高點下跌 23%。

Institutional Sentiment Varies

機構情緒各異

Bitcoin ETFs have recorded a $438 million net outflow, indicating investor uncertainty. However, BlackRock's IBIT has seen a $267 million inflow, while Bitwise BTC has experienced a $280 million outflow.

比特幣 ETF 已錄得 4.38 億美元的淨流出，顯示投資者存在不確定性。然而，貝萊德的 IBIT 流入了 2.67 億美元，而 Bitwise BTC 則流出了 2.8 億美元。

Options Expiry Impacts Market

期權到期影響市場

Options expiries worth billions of dollars are set to expire on November 29, further driving volatility as traders adjust their positions.

價值數十億美元的選擇權將於 11 月 29 日到期，隨著交易者調整頭寸，進一步加劇波動。

Some Tokens Gain Amid Turmoil

一些代幣在動盪中獲利

Despite the downturn, some tokens have gained ground. Lido DAO, Uniswap, and Arbitrum have risen significantly, highlighting investor interest in decentralized finance (DeFi).

儘管經濟低迷，但一些代幣還是取得了進展。 Lido DAO、Uniswap 和 Arbitrum 漲幅顯著，凸顯了投資人對去中心化金融（DeFi）的興趣。

Market Sentiment Remains Bullish

市場情緒依然看漲

Despite the recent setbacks, market sentiment remains "extremely greedy" according to the Fear and Greed Index. Traders are navigating the volatility, highlighting the challenges of reaching major price milestones like $100K for Bitcoin.

儘管最近遭遇挫折，但根據恐懼和貪婪指數，市場情緒仍然「極度貪婪」。交易員正在應對波動，突顯了比特幣達到 10 萬美元等主要價格里程碑所面臨的挑戰。