Bitcoin, Ethereum, Dogecoin unfazed by upcoming rate hike: Why this analyst is waiting for a 'big short squeeze'
Bitcoin, Ethereum, Dogecoin unfazed by upcoming rate hike: Why this analyst is waiting for a 'big short squeeze'
U.S. Federal Reserve Governor Christopher Waller said a 75 basis point hike is almost certain to take place on Thursday. Waller said the market was getting ahead of itself when projecting a 100 basis point increase in interest rates.Major coins, including $Bitcoin(BTC.CC)$, traded in the green at press time on Thursday, as the global cryptocurrency market cap rose 2.8% to $925.2 billion.
主要硬幣，包括$位元幣(BTC.CC)$週四，隨著全球加密貨幣市值上漲2.8%，至9252億美元，綠色交易。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | 1.9% | -4.95% | $20,569.48 |
| Ethereum (CRYPTO: ETH) | 7.2% | -3.8% | $1,191.81 |
| Dogecoin (CRYPTO: DOGE) | 0.7% | -11.6% | $0.06 |
| 錢幣 | 24小時 | 7天 | 價格 |
|---|---|---|---|
| 位元幣(密碼：BTC) | 1.9% | -4.95% | 20,569.48美元 |
| 以太(加密：ETH) | 7.2% | -3.8% | 1,191.81美元 |
| 道格考因(Dogecoin)(密碼：Doge) | 0.7% | -11.6% | 0.06美元 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| CEEK VR (CEEK) | +16.7% | $0.38 |
| Aave (AAVE) | +15.1% | $91.43 |
| Uniswap (UNI) | +14.58% | $7 |
| 加密貨幣 | 24小時百分比更改(+/-) | 價格 |
|---|---|---|
| CEEK VR(CEEK) | +16.7% | 0.38美元 |
| AAVE(AAVE) | +15.1% | 91.43美元 |
| Uniswap(UNI) | +14.58% | 7美元 |
Why It Matters: Risk assets, including cryptocurrencies were buoyant on Thursday evening as expectations for a 100 basis point interest rate hike tapered down.
為什麼這很重要：週四晚間，包括加密貨幣在內的風險資產表現活躍，因為對加息100個基點的預期逐漸減弱。
U.S. Federal Reserve Governor Christopher Waller said a 75 basis point hike is almost certain to take place on Thursday. Waller said the market was getting ahead of itself when projecting a 100 basis point increase in interest rates.
美國美聯儲總督克裡斯托弗·沃勒表示，週四幾乎肯定會加息75個基點。沃勒表示，當市場預測加息100個基點時，市場超前了。
Despite the recent macroeconomic headwinds, Bitcoin has held on to the $20,000 mark, said OANDA senior market analyst Craig Erlam.
OANDA高級市場分析師表示，儘管最近出現了宏觀經濟逆風，但位元幣仍堅守在2萬美元大關克雷格·埃拉姆。
Whether [Bitcoin] can continue to swim against the tide, I'm not so sure. What we're seeing is impressive but I struggle to see the case for bitcoin having bottomed. Time will tell."
- said Erlam, in a note seen by Benzinga.
我不太確定(位元幣)能否繼續逆水行舟。我們看到的情況令人印象深刻，但我很難看出位元幣已經觸底。時間會證明一切的。
-Erlam在Benzinga看到的一份便條中說。
The dollar continues to gain amid anticipated rate hikes. The dollar index, a measure of the U.S. unit's strength against six other currencies, rose 0.2% to 108.50 on Thursday. It touched a high of 109.29, the highest level since Sep. 2002 intraday, reported Reuters.
在預期加息的背景下，美元繼續走高。美元指數周四上漲0.2%，至108.50。美元指數是衡量美元對其他六種貨幣強弱的指標。據路透社報道，該指數盤中觸及109.29點的高點，為2002年9月以來的最高水準。
Cryptocurrency trader Justin Bennett told his Twitter followers to keep an eye on the dollar index on Friday and said it would need to "weaken to help fuel a further relief rally for" cryptocurrencies.
加密貨幣交易員賈斯汀·班尼特他告訴推特上的追隨者週五要密切關注美元指數，並表示美元指數需要繼續走弱，以幫助推動加密貨幣的進一步釋然性漲勢。
Cryptocurrencies grow when there is little correlation with equities, said Santiment on Thursday. "After yesterday's [inflation] report, [BTC] & [alts] have been recovering while the [SP500 & Gold] drop. If they stay uncorrelated, it's a good sign of a potential breakout," said the market intelligence platform in a tweet.
桑蒂蒙特週四表示，當加密貨幣與股票幾乎沒有相關性時，加密貨幣就會增長。市場情報平臺在一條推文中表示：“在昨天的(通脹)報告發布後，[BTC]和[ALT]一直在回升，而[SP500&Gold]下跌。如果它們保持不相關，這是一個潛在突破的好跡象。”
$S&P 500 index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ futures traded 0.2% higher each at press time, while Bitcoin was above the key psychological level of $20,000.
$標準普爾500指數(.SPX.US)$和$納斯達克100指數(.NDX.US)$截至發稿時，位元幣期貨價格分別上漲0.2%，而位元幣價格高於2萬美元的關鍵心理關口。
CryptoQuant CEO Ki Young Ju said he's waiting for a "big short squeeze." Ki pointed out that in 2020 many people punted on short positions on Bitcoin and got liquidated in the $10,000 - $20,000 range before the "parabolic bull-run started."
加密定量首席執行官紀永珠他說他正在等待一次“大的空頭擠壓”。Ki指出，在2020年，許多人押注於位元幣的空頭頭寸，並在“拋物線牛市行情”開始之前，在10,000-20,000美元的範圍內被清算。
Back then, 10% of hourly buy market orders were from short liquidations. Now, it's around 1%."
- said the CEO of the community-based analytics platform.
當時，每小時買入的市場訂單中，有10%來自空頭清算。現在，它在1%左右。
-基於社區的分析平臺的首席執行官說。
