Cryptocurrency Expert Predicts Significant Drops For Bitcoin And Ethereum Before Altcoin Season Begins
Cryptocurrency Expert Predicts Significant Drops For Bitcoin And Ethereum Before Altcoin Season Begins
Quick update:Well-known cryptocurrency trader, Capo, has forecasted potential significant declines for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
著名的数字货币交易员Capo预测比特币（CRYPTO: BTC）和以太坊（CRYPTO: ETH）可能会出现显著下跌。
What Happened: Capo, who commands a large following on the social media platform X, predicts that Bitcoin might test the $48,000 to $50,000 range, while Ethereum could fall to between $1,800 and $2,000.
事件经过：具有大量社交媒体X平台追随者的Capo预测，比特币可能会测试48,000至50,000美元区间，而以太坊可能会跌至1,800至2,000美元之间。
"There's a possibility of one last shakeout, with BTC testing the $48,000 – $50,000 zone and ETH $1,800 – $2,000, before the real altcoin season begins."
“存在一种可能性，即在真正的小币季开始之前，BTC会在48,000至50,000区间进行最后一次洗盘测试，ETH会在1,800至2,000之间进行最后一次洗盘测试。”
Quick update:
— il Capo Of Crypto (@CryptoCapo_) October 2, 2024
There's a possibility of one last shakeout, with $BTC testing the $48k-50k zone and $ETH $1.8k-2k, before the real altseason begins.
If that happens, I'll be adding more to my altcoin bags.
快速更新：
— 加密Capo（@CryptoCapo_）于2024年10月2日
存在最后一次洗盘的可能性，$BTC 会在48,000至50,000区间进行测试，$ETH 会在0.18万至0.2万之间进行测试，之后真正的小币季即将开始。
如果发生这种情况，我将会增加更多的小币持仓。
Currently, Bitcoin is priced at $60,508, marking a 6% decline over the past week, and Ethereum is valued at $2,345, down by 11% over the same period.
目前，比特币的价格为60,508美元，过去一周下跌了6%，以太坊的价值为2,345美元，同期下跌了11%。
Capo also shared insights on altcoins ranked below the top ten by market capitalization, known as "OTHERS," on his Telegram channel.
Capo还在他的Telegram频道上分享了对市值排名前十之外的其他数字货币的见解，这些数字货币被称为“其他”板块。
He suggests that the market cap of OTHERS might drop to between $132 billion and $164 billion after failing to break a significant resistance level. The altcoins index was rejected from a resistance zone around $240 billion, indicating market weakness.
他建议，如果未能突破重要的支撑位，其他数字货币的市值可能会下滑到1320亿美元和1640亿美元之间。其他数字货币指数在2400亿美元左右的支撑区域遭到拒绝，表明市场疲软。
Why It Matters: The potential declines for Bitcoin and Ethereum come at a time when other analysts have expressed optimism about Bitcoin's future. A recent analysis suggested that Bitcoin could reach a new all-time high if it surpasses the $64,000 resistance level.
为什么重要：比特币和以太坊可能遭受潜在的下跌，这发生在其他分析师表达对比特币未来的乐观情绪之际。最近的一项分析表明，如果比特币突破了64000美元的支撑位，就可能达到新的历史最高水平。
Additionally, the cryptocurrency market recently saw strong gains, with Bitcoin, Ethereum, and Dogecoin ending the week on a high note, driven by positive labor market data. This suggests a potential shift from the summer lull to a more bullish Q4 seasonality.
此外，最近的数字货币市场表现强劲，比特币、以太坊和狗狗币在本周高位收盘，受到积极的劳动力市场数据推动。这表明市场可能从夏季的低迷转向更看好的第四季度季节性。
Despite the current bearish outlook, some analysts believe Bitcoin's rebound above $61,500 indicates a higher likelihood of reaching $80,000 rather than falling to $40,000. This tension between bullish long-term charts and bearish short-term action highlights the uncertainty in the market.
尽管当前市场前景看淡，但一些分析师认为，比特币反弹至61500美元以上表明更有可能达到80000美元，而不是跌至40000美元。看好的长期图表与看淡的短期行动之间的紧张关系突显了市场的不确定性。
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Photo courtesy: Shutterstock
图片来源：shutterstock