Bitcoin Price Faces Correction, Altcoins Decline

比特币价格面临调整，山寨币下跌

The Bitcoin price has continued its steep correction, dropping another 5% today. The largest cryptocurrency has now fallen below $56,000 and is at risk of further declines to the $52,000 mark.

比特币价格继续大幅调整，今天又下跌了 5%。目前最大的加密货币已跌破 56,000 美元，并有进一步跌至 52,000 美元大关的风险。

Altcoins have suffered even worse, with tokens like Dogwifhat, Chainlink, and Brett experiencing double-digit losses. CoinMarketCap's Crypto Fear and Greed Index now indicates "Fear," reflecting the market's bearish sentiment.

Altcoins have suffered even worse, with tokens like Dogwifhat, Chainlink, and Brett experiencing double-digit losses. CoinMarketCap's Crypto Fear and Greed Index now indicates "Fear," reflecting the market's bearish sentiment.

Is the Bottom In for Bitcoin?

比特币触底了吗？

However, despite the market crash, analysts believe investors should consider buying crypto rather than panic selling. Many suggest that Bitcoin may have reached a bottom after its decline to $57,000.

然而，尽管市场崩盘，分析师认为投资者应该考虑购买加密货币，而不是恐慌性抛售。许多人认为，比特币在跌至 57,000 美元后可能已经触底。

Popular crypto trader 941, with over 57,000 followers on Twitter, claims that the Bitcoin price has hit its local bottom. He states, "The bottom is in. 57.5k I stake my reputation on it."

受欢迎的加密货币交易商 941 在 Twitter 上拥有超过 57,000 名粉丝，声称比特币价格已触底。他表示，“底部已经到来。57.5k，我把我的声誉押在上面。”

Other experts, who were previously bearish at $60,000, are now turning bullish at $57,000. There are several reasons for this optimism.

其他专家此前看跌 60,000 美元，现在转看涨于 57,000 美元。这种乐观有几个原因。

Firstly, Bitcoin is currently at the confluence of the 3-day 200 Moving Average and the 1-week 200 Moving Average, which have historically facilitated major bounces in the BTC price.

首先，比特币目前处于 3 天 200 移动平均线和 1 周 200 移动平均线的交汇处，这在历史上促进了 BTC 价格的大幅反弹。

Secondly, the altcoins market capitalization chart is showing signs of a potential reversal as it nears a strong support zone. Analyst Michael van de Poppe of MN Trading believes that the altcoin capitulation is nearly over.

其次，随着山寨币市值图表接近强劲支撑区域，它显示出潜在逆转的迹象。 MN Trading 的分析师 Michael van de Poppe 认为，山寨币的投降即将结束。

Additionally, some economists speculate that the Federal Reserve may cut interest rates in July, which could be bullish for the crypto market.

此外，一些经济学家推测美联储可能在 7 月份降息，这可能对加密市场有利。

7 Best Cryptocurrencies to Buy Now

7 种最值得立即购买的加密货币

Analysts recommend investing in specific cryptocurrencies with long-term potential. They also highlight the potential of presale tokens, which may not be as impacted by short-term price action.

分析师建议投资具有长期潜力的特定加密货币。他们还强调了预售代币的潜力，这些代币可能不会受到短期价格走势的影响。

Here is a list of the seven best cryptocurrencies to buy now, according to experts:

根据专家的说法，以下是现在最值得购买的七种加密货币的列表：

• Solana (SOL): Despite recent declines, SOL remains bullish due to its strong fundamentals, including the potential approval of spot Solana ETFs and the possibility of new all-time highs.
• Dogwifhat (WIF): As a top meme coin on the Solana blockchain, WIF is highly correlated with SOL and could benefit from the same bullish factors.
• Base Dawgz (DAWGZ): This new meme coin has raised significant funds in its ongoing presale and is expected to be a strong performer in the next bull market.
• Pepe (PEPE): Pepe has the potential to gain 2x returns if it retests its all-time high. It is also expected to benefit from institutional investment in Ethereum.
• Pepe Unchained (PEPU): This new project offers a Layer-2 blockchain with low trading costs and high staking rewards, making it a compelling alternative to PEPE.
• Chainlink (LINK): Link is one of the first altcoins to rally in bull markets and has the potential to be a top performer in the coming months due to its strong fundamentals and Cross-Chain Interoperability Protocol.
• 99Bitcoins (99BTC): This new BRC-20 token has a large community backing and offers perks such as staking rewards and airdrops, making it a potential top-performing cryptocurrency.

Disclaimer: This article includes placeholder information, such as crypto market prices and specific token valuations, which may change over time and should not be considered financial advice or an endorsement of any particular cryptocurrency.

Solana (SOL)：尽管最近有所下跌，但由于其强劲的基本面，SOL 仍然看涨，包括现货 Solana ETF 的潜在批准以及创下历史新高的可能性。Dogwifhat (WIF)：作为 Solana 区块链上的顶级 meme 代币，WIF 与 SOL 高度相关，并可能受益于相同的看涨因素。 Base Dawgz (DAWGZ)：这种新的 meme 代币在正在进行的预售中筹集了大量资金，预计将在下一个牛市中表现强劲。 Pepe ( PEPE）：如果 Pepe 重新测试历史高点，则有可能获得 2 倍回报。它还有望受益于以太坊的机构投资。Pepe Unchained (PEPU)：这个新项目提供了具有低交易成本和高质押奖励的第 2 层区块链，使其成为 PEPE 的一个引人注目的替代方案。Chainlink (LINK)：链接是最早在牛市中反弹的山寨币之一，由于其强劲的基本面和跨链互操作性协议，有可能在未来几个月成为表现最佳的货币。99比特币（99BTC）：这种新的 BRC-20 代币拥有大量社区支持并提供诸如质押奖励和空投等福利，使其成为潜在的表现最佳的加密货币。免责声明：本文包含占位符信息，例如加密货币市场价格和特定代币估值，这些信息可能会随着时间的推移而变化，不应被视为财务信息对任何特定加密货币的建议或认可。