Odaily星球日报讯 CryptoQuant 在 X 平台发文表示，比特币在过去 24 小时内下跌了 16%以上，跌破了 57,000 美元的支撑位。这意味着价格可能跌至 4 万美元。目前，交易员正面临自 2022 年 11 月以来最负的未实现利润率。

CryptoQuant：比特币价格可能会跌至4万美元

Odaily Odaily reported that CryptoQuant posted on the X platform that Bitcoin has fallen by more than 16% in the past 24 hours, breaking the $57,000 support level. This means that the price may fall to $40,000. Currently, traders are facing the most negative unrealized profit rate since November 2022.

CryptoQuant: Bitcoin price may drop to $40,000.

According to CoinGecko data, the total cryptocurrency market capitalization has fallen below $2 trillion, currently at $1.998 trillion, with a 24-hour decline of 9.4%. BTC's market dominance is 53.7%, while ETH's market dominance is 14.7%.

Cryptocurrency total market capitalization fell below $2 trillion, with a 24-hour decline of 9.4%.

Odaily reports that in its latest report, 10x Research pointed out that although bullish sentiment is prevalent in the Bitcoin/cryptocurrency sector, at certain times, protecting wealth or profiting from significant price declines is crucial. On October 3, 2023, it predicted that Bitcoin will surge significantly, depending on whether the Federal Reserve maintains its current stance, and advised "to sell when the Federal Reserve first cuts interest rates." As the expected interest rate cuts now appear to be driven by economic weakness rather than a decline in inflation, this view is becoming increasingly prominent. In October 2022, although most were bearish, it took a bullish stance, reducing its 2024 Bitcoin price target to $63,160, which it ultimately reached on April 20, 2024, at $63,491. Similarly, the year-end 2023 target was $45,000, but the final target was $43,613, which was also questioned. Many were disappointed with the report released by 10x Research in early February, which set the 2024 Bitcoin target price at "only" $70,000. However, the report had already predicted a range of $60,000 to $70,000, and based on its stock-to-flow analysis, it forecasts that as time passes, the returns will diminish, with a cycle high of $62,000.

10x Research: Based on stock-to-flow analysis, the predicted peak of the Bitcoin cycle is $62,000.

According to CoinGecko data, the total cryptocurrency market capitalization has fallen to $2.29 trillion, with a 24-hour decline of 4.3%.