Despite approaching Christmas Eve, the crypto market remains stagnant and uninspired. Bitcoin, the leading crypto asset, has been unable to sustain its value above $100,000.

尽管临近圣诞夜，加密货币市场仍然停滞不前且缺乏灵感。比特币作为领先的加密资产，一直无法将其价值维持在 10 万美元以上。

Historically, the period leading up to Christmas Eve has been characterized by a rally in crypto asset prices, marking new all-time highs and fostering a festive atmosphere. However, this year has not followed suit.

从历史上看，平安夜前夕的特点是加密资产价格上涨，创下历史新高并营造节日气氛。然而，今年并没有效仿。

Bitcoin (BTC), which soared to an all-time high of over $108,000 just six days ago, has witnessed three consecutive days below the $100K threshold. Over the past week, the flagship cryptocurrency has lost 8.3% of its value and is currently trading at $95,904 per coin. Similar trends are observed among other high-cap cryptocurrencies.

比特币（BTC）在六天前飙升至超过 108,000 美元的历史新高，现已连续三天低于 10 万美元大关。过去一周，旗舰加密货币的价值下跌了 8.3%，目前每枚币的交易价格为 95,904 美元。其他高市值加密货币也出现了类似的趋势。

Ethereum (ETH) has declined by 15.6% over the past seven days, with its current trading price at $3,339. Ripple's XRP token has also suffered a significant 7.8% drop during the same period, now valued at $2.2.

以太坊（ETH）过去 7 天下跌了 15.6%，目前交易价格为 3,339 美元。 Ripple 的 XRP 代币同期也大幅下跌 7.8%，目前价值 2.2 美元。

Dogecoin (DOGE), the leading meme coin by market capitalization, has plummeted by more than 21% in the past week and its price currently hovers around $0.316. Solana (SOL) has also dipped below the $200 mark, falling by 16% to its current price of $184.

狗狗币 (DOGE) 是市值领先的模因币，过去一周暴跌超过 21%，目前价格徘徊在 0.316 美元左右。 Solana (SOL) 也跌破 200 美元大关，下跌 16%，目前价格为 184 美元。

Data from CoinGecko reveals that the broader crypto market has experienced a 14% decline from its all-time high of $3.9 trillion, with its current valuation standing at $3.41 trillion. The weekly crypto charts are dominated by red, reflecting the market's overall downturn.

CoinGecko 的数据显示，更广泛的加密货币市场较 3.9 万亿美元的历史高点下跌了 14%，目前估值为 3.41 万亿美元。每周的加密货币图表以红色为主，反映了市场的整体低迷。

Analysts suggest that investors are choosing to secure profits before Christmas Eve, contributing to the market's inertia.

分析师表示，投资者选择在平安夜之前获利，这加剧了市场的惯性。

Despite the recent sell-off, there remains a possibility of a post-Christmas rally, historically known as the "Santa Claus rally." Data from CoinGecko indicates that this rally has occurred in eight out of the past ten years, between Dec. 27 and Jan. 2, offering a glimmer of optimism amidst the market's current struggles.

尽管最近出现抛售，但圣诞节后仍有可能出现反弹，历史上称为“圣诞老人反弹”。 CoinGecko 的数据显示，在过去十年中，有八次出现这种反弹，即 12 月 27 日至 1 月 2 日之间，为当前市场的困境带来了一线乐观的曙光。

However, the likelihood of a post-Christmas rally hinges on Bitcoin's performance, which has a significant influence on the overall market's direction. If Bitcoin regains its $100,000 level, it could reignite investor confidence and propel a broader market recovery.

然而，圣诞节后反弹的可能性取决于比特币的表现，这对整体市场的方向有重大影响。如果比特币重回 10 万美元水平，可能会重燃投资者信心并推动更广泛的市场复苏。

Market analysts believe that corrections are an inevitable part of prolonged Bitcoin rallies. Moreover, experts from VanEck anticipate that Bitcoin will enter a new price discovery phase following the recent correction, projecting a potential rise to $180,000 by Q1 2025.

市场分析师认为，调整是比特币长期上涨不可避免的一部分。此外，VanEck 的专家预计，在最近的调整之后，比特币将进入新的价格发现阶段，预计到 2025 年第一季度可能升至 18 万美元。

At the time of writing, Bitcoin was down 1.1% in the past 24 hours, trading at $95,870 per coin.

截至撰写本文时，比特币在过去 24 小时内下跌 1.1%，交易价格为每枚 95,870 美元。