A strong correction has ensued the broader cryptocurrency market dropping by 6% over the last few hours. As of press time, the Bitcoin (BTC) price is down 5.6% and is currently trading at $66,654 with a market cap of $1.311 trillion. The rest of the altcoins space is also bleeding heavily with the top ten altcoins correcting anywhere between 6-10%.

劇烈的調整導致整個加密貨幣市場在過去幾個小時內下跌了 6%。截至發稿，比特幣（BTC）價格下跌 5.6%，目前交易價格為 66,654 美元，市值為 1.311 兆美元。其餘的山寨幣空間也大幅流失，排名前十的山寨幣調整幅度在 6-10% 之間。

$500 Million Liquidated As Bitcoin (BTC) Price Tanks

As per the data from Coinglass, more than $500 million have been liquidated across the crypto market amid this strong correction. Of these, $414 million liquidations have been in the long positions, and $85 million liquidations in the short positions.

比特幣 (BTC) 價格暴跌，平倉 5 億美元根據 Coinglass 的數據，在這次強勁調整中，整個加密貨幣市場已平倉超過 5 億美元。其中，多頭部位清算 4.14 億美元，空頭部位清算 8,500 萬美元。

Of these, $66 million have been in Bitcoin liquidations while other altcoins have contributed the rest. In recent observations shared by QCP Capital, notable activity has been witnessed in the options market, with considerable interest observed in selling calls and purchasing puts for both Bitcoin (BTC) and Ethereum (ETH). This trend has exerted downward pressure on spot prices while simultaneously maintaining elevated levels of implied volatility, particularly evident in ETH.

其中，6,600 萬美元用於比特幣清算，其餘則由其他山寨幣貢獻。根據 QCP Capital 最近分享的觀察結果，選擇市場出現了顯著的活動，人們對出售比特幣 (BTC) 和以太坊 (ETH) 看漲期權和購買看跌期權產生了濃厚的興趣。這種趨勢對現貨價格施加了下行壓力，同時維持了較高的隱含波動率，在 ETH 中尤其明顯。

In the case of Ethereum, demand for puts has notably surpassed that of calls in the near-term, resulting in a downside risk reversal skew of -5% for April. This skew indicates a prevailing sentiment toward downside protection in the options market for ETH, reflecting cautious sentiment among traders regarding potential price movements in the near future.

就以太坊而言，短期內對看跌期權的需求明顯超過了看漲期權的需求，導致 4 月份的下行風險逆轉偏度為 -5%。這種偏差顯示 ETH 選擇權市場普遍存在下行保護情緒，反映出交易者對近期潛在價格趨勢的謹慎情緒。

Meme Coins Party Seems to End

There’s been strong selling in the entire meme coin sector that has been in the limelight over the past few weeks. Over the last weekend, the Dogecoin (DOGE) price surged all the way to 22 cents, however, it has dropped by 13% at press time currently trading at $0.1881.

Meme 幣派對似乎結束了過去幾週備受關注的整個 Meme 幣領域的拋售強勁。上週末，狗狗幣（DOGE）價格一路飆升至 22 美分，但截至發稿時已下跌 13%，目前交易價格為 0.1881 美元。

Other meme coins like Shiba Inu (SHIB), Dogwifhat (WIF), and others have also entered a steep correction.

其他迷因幣，如 Shiba Inu (SHIB)、Dogwifhat (WIF) 等也進入了急劇調整。

Amidst diminishing speculative fervor in the cryptocurrency realm, the prospect of looser monetary policy in the United States encounters obstacles. Over the last 24 hours, previously favored coins among meme-trading communities, such as Pepe, dogwifhat, and Bonk, saw declines in their values.

隨著加密貨幣領域投機熱情的減弱，美國寬鬆貨幣政策的前景遇到了障礙。在過去 24 小時內，先前受到迷因交易社群青睞的代幣（例如 Pepe、dogwifhat 和 Bonk）的價值出現了下跌。