Bitcoin Price Plunges To 1-Month Low: What Happens Next?
Bitcoin Price Plunges To 1-Month Low: What Happens Next?
In a post on Bitcoin's (CRYPTO: BTC) dip to as low as $92,805 is the lowest price since Nov. 26, when the apex crypto last traded below $91,000.
比特幣（數字貨幣：BTC）跌至最低價$92,805，這是自11月26日以來的最低價格，當時該數字貨幣的交易價格已低於$91,000。
Cryptocurrency traders and analysts alike are speculating whether Bitcoin has found a bottom at these prices or is to sink further.
數字貨幣交易者和分析師對比特幣是否在這些價格找到了底部或將進一步下沉進行猜測。
Trader Notes: Altcoin Sherpa, a well-known trader, predicts Bitcoin will find a relative bottom soon but warns of further downside before any potential reversal.
交易者筆記：知名交易者Altcoin Sherpa預測比特幣很快會找到相對底部，但警告在任何潛在反轉之前可能會進一步下跌。
In a post on X on Friday, he advised his followers to "bid the next move down" and to monitor low time frames, cautioning that a quick V-shaped recovery is unlikely.
在週五的一則X發帖中，他建議他的追隨者「買入下一次下跌」，並關注低時間週期，警告快速的V型反彈不太可能。
We're getting close, I think that $BTC should be finding a relative bottom very shortly...expecting a bit more downside and then some sort of reversal. Not sure if this is 'the' bottom but yeah. Let's see. pic.twitter.com/MEhBhWyzKX
— Altcoin Sherpa (@AltcoinSherpa) December 20, 2024
我們快到了，我認爲$BTC應該很快找到一個相對底部……預期會有更多下跌，然後是某種反轉。不確定這是否就是「底部」，但我們拭目以待。 pic.twitter.com/MEhBhWyzKX
— Altcoin Sherpa (@AltcoinSherpa) 2024年12月20日
In another post, Sherpa speculated that a short-term BTC bounce could trigger a temporary surge in altcoins.
在另一則發帖中，Sherpa推測短期內比特幣的反彈可能會引發山寨幣的暫時上漲。
He foresees a range-bound market with eventual price declines, aligning with his personal strategy to consolidate portfolio holdings into fewer, high-conviction assets.
他預見市場將處於區間震盪，最終價格會下跌，這與他將投資組合持有資產整合爲更少的、高信念的資產的個人策略一致。
Despite the current volatility, he remains optimistic about January 2025 being a strong period for altcoins.
儘管目前的波動性很大，他仍然對2025年1月是一個強勁的代幣期感到樂觀。
Amid the sell-off, crypto liquidations have surpassed $1 billion for the second straight day, while open interest has fallen by 8% to $62.6 billion.
在賣出潮中，數字貨幣的清算金額已連續第二天超過$10億，而未平倉合約減少了8%，降至$626億。
Also Read: Bitcoin's 2025 Outlook Suddenly Looks Uncertain: Here's Why
另請閱讀：比特幣2025年的前景突然變得不確定：原因如下
In a Dec. 20 podcast, Benjamin Cowen emphasized that Bitcoin dominance had reached his anticipated 60% target for this cycle, citing historical patterns. He drew parallels to 2020, when dominance unexpectedly surged following a decline.
在12月20日的播客中，本傑明·科溫強調，比特幣的主導地位達到了他爲本週期設定的60%的目標，並引用了歷史模式。他將其與2020年進行了比較，當時主導地位在下滑後意外激增。
Cowen underscored the significance of analyzing Bitcoin dominance excluding stablecoins, noting a previous high of 65%.
科溫強調了分析不包括穩定幣的比特幣主導地位的重要性，並指出之前的高點爲65%。
He also linked dominance trends to macroeconomic factors such as the dollar's strength and the yield curve.
他還將主導地位的趨勢與美元的強弱和收益率曲線等宏觀經濟因素聯繫起來。
If the dollar tops out in early January 2025, Cowen suggests Bitcoin dominance may do the same.
如果美元在2025年1月初見頂，科溫認爲比特幣的主導地位也可能會如是。
Looking ahead, he expects Bitcoin dominance to continue climbing, possibly aligning with the Federal Reserve's potential shift toward quantitative easing.
展望未來，他預計比特幣的主導地位將繼續攀升，可能與聯邦儲備局向量化寬鬆政策的潛在轉變一致。
Historically, altcoins like Ethereum (CRYPTO: ETH) often underperform against Bitcoin until January of the post-halving year.
歷史上，以太幣等數字貨幣（CRYPTO: ETH）往往在下一次減半的年份一月之前，表現不及比特幣。
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Image: Shutterstock
圖片：Shutterstock
譯文內容由第三人軟體翻譯。
