Bitcoin appeared to stabilize on Sunday after an unusually harsh sell-off, but the largest cryptocurrency was still on track for its worst weekly performance in eight months.

在经历了异常剧烈的抛售后，比特币周日似乎企稳，但这一最大的加密货币仍有望创下8个月来最糟糕的周表现。

As of press time, bitcoin (BTC) was changing hands just below $35,000, up 1.6% over the past 24 hours. More than $1.5 billion of bitcoin trading positions were liquidated over the past three days due to margin calls, according to the data site Coinglass.

截至发稿时，比特币(BTC)的成交价略低于3.5万美元，过去24小时上涨了1.6%。数据网站Coinglass的数据显示，在过去三天里，超过15亿美元的比特币交易头寸因追加保证金被平仓。

The bitcoin price is down 19% in the past seven days – the cryptocurrency's worst weekly performance since May 2021, when fears of China's renewed crackdown on cryptocurrency trading and mining sent the market reeling, and tweets by Tesla CEO Elon Musk focused public attention on the Bitcoin blockchain network's potential environmental harms.

比特币的价格下降了19%在过去的七天,cryptocurrency的2021年5月以来表现最差的一周,当再次打击中国的担忧cryptocurrency交易和矿业被卷入动荡的市场,和微博的特斯拉首席执行官艾伦•马斯克公众的注意力集中在比特币区块链网络的潜在环境损害。

This time around, crypto traders appear to be pricing in fears that the Federal Reserve will move quickly over the next few months to tighten monetary conditions that have been at historically loose levels since the coronavirus struck the economy in March 2020. The Fed's stimulus – including trillions of dollars of money printing – were widely cited as a reason for bitcoin's price gains in 2020 and 2021, including the ascent to an all-time high price of $69,000 in November.

这一次，加密货币交易员似乎在定价，他们担心美联储(Federal Reserve)将在未来几个月迅速采取行动，收紧自2020年3月冠状病毒袭击经济以来一直处于历史宽松水平的货币条件。美联储的刺激措施——包括印数万亿美元的钞票——被广泛认为是比特币价格在2020年和2021年上涨的一个原因，包括11月涨至6.9万美元的历史高点。

The latest shakeout left bitcoin down by roughly half from that record price, in a stark reminder of just how volatile cryptocurrency markets can be.

最近的震荡使比特币的价格从创纪录的价格下跌了大约一半，这是一个严酷的提醒，加密货币市场是多么不稳定。

"One of the bullish drivers for crypto over the last two years has been the surplus of pandemic-related fiscal and monetary stimulus globally, and much of that is coming to an end," David Duong, head of institutional research for the big U.S. cryptocurrency exchange Coinbase, wrote Saturday in a report.Bitcoin crash

”一个看涨的司机的加密在过去两年的盈余pandemic-related全球财政和货币刺激,和即将结束,”大卫·Duong制度研究的美国大型cryptocurrency交换Coinbase,星期六在一份报告中写道。比特币崩溃

The price plunge over the past week looks "emotionally charged," according to Katie Stockton, founder of the analysis firm Fairlead Strategies.

分析公司Fairlead Strategies的创始人凯蒂•斯托克顿(Katie Stockton)表示，过去一周的股价暴跌看起来“情绪失控”。

"Because shakeouts are common, we would await confirmation of a breakdown below cloud-based support (~$37.4K) before taking a bearish long-term stance," Stockton wrote.

斯托克顿写道:“由于洗牌很常见，我们将等待云支撑(约374000美元)下出现故障的确认，然后才会采取看跌长期立场。”

El Salvador President Nayib Bukele tweeted late Friday that the bitcoin-friendly country took advantage of the price drop to buy 410 BTC for about $15 million, adding that "some guys are selling really cheap."

萨尔瓦多总统纳伊布·布克尔(Nayib Bukele)周五晚些时候在推特上说，这个对比特币友好的国家利用比特币价格下跌的机会，以大约1500万美元的价格购买了410比特币，并补充说，“有些人真的很便宜。”

The bitcoin price hasn't been this low since July 2021.

比特币价格自2021年7月以来从未如此低过。

Gallows humor filled social media sites like Twitter and Reddit, with one clever user asserting that bitcoin's price chart created a pattern resembling the Pokemon species Pikachu's sharply pointed ears.

Twitter和Reddit等社交媒体网站上充斥着黑色幽默，一位聪明的用户声称，比特币的价格图表形成了一种类似小精灵皮卡丘尖耳朵的图案。

Pikachu pattern? from cryptocurrencymemes

皮卡丘模式吗?从cryptocurrencymemes