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%.

剧烈的调整导致整个加密货币市场在过去几个小时内下跌了 6%。截至发稿，比特币（BTC）价格下跌 5.6%，目前交易价格为 66,654 美元，市值为 1.311 万亿美元。其余的山寨币空间也在大幅流失，排名前十的山寨币调整幅度在 6-10% 之间。

$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.

比特币 (BTC) 价格暴跌，平仓 5 亿美元根据 Coinglass 的数据，在这次强劲调整中，整个加密货币市场已平仓超过 5 亿美元。其中，多头头寸清算 4.14 亿美元，空头头寸清算 8500 万美元。

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，6600 万美元用于比特币清算，其余部分则由其他山寨币贡献。根据 QCP Capital 最近分享的观察结果，期权市场出现了显着的活动，人们对出售比特币 (BTC) 和以太坊 (ETH) 看涨期权和购买看跌期权产生了浓厚的兴趣。这种趋势对现货价格施加了下行压力，同时维持了较高的隐含波动率，在 ETH 中尤其明显。

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，短期内对看跌期权的需求明显超过了看涨期权的需求，导致 4 月份的下行风险逆转偏度为 -5%。这种偏差表明 ETH 期权市场普遍存在下行保护情绪，反映出交易者对近期潜在价格走势的谨慎情绪。

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 币派对似乎结束过去几周，整个 Meme 币领域都出现了强劲的抛售，成为众人瞩目的焦点。上周末，狗狗币（DOGE）价格一路飙升至 22 美分，但截至发稿时已下跌 13%，目前交易价格为 0.1881 美元。

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

其他模因币，如 Shiba Inu (SHIB)、Dogwifhat (WIF) 等也进入了急剧调整。

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.

随着加密货币领域投机热情的减弱，美国宽松货币政策的前景遇到了障碍。在过去 24 小时内，之前受到模因交易社区青睐的代币（例如 Pepe、dogwifhat 和 Bonk）的价值出现了下跌。