Cryptocurrency Market Experiences Massive Liquidation

加密货币市场经历大规模清算

Over the past 24 hours, the cryptocurrency market has witnessed a significant decline in prices, including Bitcoin, leading to a surge in liquidations. According to CoinGlass's on-chain data, approximately 99,014 traders were liquidated, resulting in a total liquidation value of $286.26 million.

过去24小时，包括比特币在内的加密货币市场价格大幅下跌，导致清算激增。根据CoinGlass链上数据，约有99,014名交易者被清算，总清算价值为2.8626亿美元。

Bitcoin Liquidation

比特币清算

Bitcoin accounted for $69.2 million of the total liquidations, with $44.92 million in long trades and $22.29 million in short trades.

比特币占清算总额 6920 万美元，其中多头交易 4492 万美元，空头交易 2229 万美元。

Ethereum Liquidation

以太坊清算

Ethereum experienced a higher liquidation value than Bitcoin, totaling $91.73 million. Other digital assets such as Solana (SOL), Dogecoin (DOGE), and others collectively recorded liquidations of $40.20 million.

以太坊的清算价值高于比特币，总计 9173 万美元。 Solana (SOL)、Dogecoin (DOGE) 等其他数字资产总共清算了 4020 万美元。

Exchange-Specific Liquidations

特定于交易所的清算

The massive liquidations were observed across major exchanges, including Binance, OKX, ByBit, Huobi, and Bitfinex. Binance recorded the largest single liquidation.

包括 Binance、OKX、ByBit、Huobi 和 Bitfinex 在内的主要交易所都出现了大规模清算。币安创下最大单笔清算记录。

Underlying Factors

潜在因素

The specific reasons behind the liquidations remain unclear, but the sentencing of Changpeng 'CZ' Zhao may have played a role.

清算背后的具体原因尚不清楚，但赵长鹏“CZ”的判决可能起了一定作用。

Bitcoin Price Decline

比特币价格下跌

Amidst the sell-off and market uncertainty, traders are expressing concern as the liquidations erase recent gains. Bitcoin, which reached $73,000 in March and found support at $65,000 in recent weeks, is now trading at $60,437.79, marking a 4.11% decrease over the past 24 hours.

在抛售和市场不确定性的情况下，交易员对清算抹去了近期涨幅表示担忧。比特币在 3 月份达到 73,000 美元，最近几周在 65,000 美元找到支撑，目前交易价格为 60,437.79 美元，在过去 24 小时内下跌了 4.11%。

Technical Indicators

技术指标

Technical indicators suggest a potential decline in Bitcoin's price, increasing the likelihood of a further drop below $60,000.

技术指标表明比特币价格可能下跌，进一步跌破 60,000 美元的可能性增加。

ETF Hype Slowdown

ETF炒作放缓

The slowdown in the hype surrounding spot Bitcoin ETFs, which began prior to the halving event, is believed to be contributing to the price decline. The launch of a spot Bitcoin ETF in Hong Kong failed to appease investors due to lower-than-expected trading volume.

据信，减半事件之前开始的围绕现货比特币 ETF 的炒作放缓是导致价格下跌的原因之一。由于交易量低于预期，香港推出现货比特币 ETF 未能安抚投资者。

Analysts' Speculation

分析师的猜测

Despite the recent dip, some analysts believe Bitcoin can still reach $70,000 or even $100,000 post-halving. Ethereum has also experienced a decline of 6.46%, currently trading at $2,971.75.

尽管近期有所下跌，但一些分析师认为比特币减半后仍可达到 7 万美元甚至 10 万美元。以太坊也下跌了 6.46%，目前交易价格为 2,971.75 美元。