The last thing the crypto market needs right now is more bad vibes. But unfortunately, that’s exactly what it’s getting.

加密市場現在需要的最後一件事是更糟糕的共鳴。但不幸的是，這正是它得到的。

Elon Musk and Donald Trump‘s feud of all feuds is having financial ramifications. In addition to the Trump trades being hit, the crypto market is feeling the bad vibes, too.

埃隆·馬斯克（Elon Musk）和唐納德·特朗普（Donald Trump）對所有爭執的爭執正在產生財務影響。除了特朗普的交易被打擊外，加密貨幣市場也感覺到了不良的共鳴。

As for the meme coins most connected to the two men, both are feeling the breakup pain. Trump’s namesake $TRUMP (the one with the famed dinner) is down 8% in the last 24 hours. It’s also down 87% since its all-time high on Inauguration Day.

至於與兩個男人相關的模因硬幣，兩者都感到分手疼痛。在過去的24小時內，特朗普的同名$特朗普（享有著名晚餐的人）下跌了8％。自就職日一直以來，它也下降了87％。

As for Musk-endorsed dogecoin — a meme coin so beloved by the Tesla CEO it inspired the name of the DOGE agency — it’s down 6% as of 9:50 a.m. and 75% since its all-time high on May 8, 2021.

至於穆斯克認可的狗狗（Dogecoin） - 特斯拉（Tesla）首席執行官非常喜歡的模因硬幣，啟發了總督局的名字 - 自2021年5月8日的歷史最高點以來，截至9:50 AM截至9:50 AM下降了6％，而下降了75％。

“Seeing wild market swings because Elon Musk and Donald Trump are throwing punches at each other on X is both annoying and revealing. Annoying, because we’re still letting loud personalities move the market; revealing, because it shows the crypto ecosystem is still fragile and in desperate need of liquidity,” Kevin Rusher, founder of Real World Asset, said.

看到狂野的市場波動是因為埃隆·馬斯克（Elon Musk）和唐納德·特朗普（Donald Trump）在X上互相揮拳既令人討厭又令人震驚。令人討厭，因為我們仍然讓大聲的個性在市場上移動；因為它表明了加密貨幣生態系統仍然脆弱，並且迫切需要流動性，”現實世界資產的創始人Kevin Rusher說。”

As for bitcoin, it’s down about 1.7% this morning. The asset’s moves have been tepid in the past week, oscillating in the low to mid-$100,000 range.

至於比特幣，今天早上下降了約1.7％。在過去一周中，資產的舉動一直被勝過，在低至100,000美元的低至100,000美元的範圍內振盪。

As the crypto market is the only market that trades 24/7, an escalating feud over the weekend could have a dramatic effect on it.

由於加密貨幣市場是唯一一個全天候24/7的市場，因此週末的一場爭執不斷升級，可能會對它產生巨大影響。

Nic Puckrin, founder of Coin Bureau, said that with the Trump-Musk saga and uncertainty about Trump’s “big, beautiful bill,” the crypto market may bear the brunt if things don’t cool off.

Coin Bureau的創始人Nic Puckrin表示，在特朗普 - 穆斯克（Trump-Musk）的傳奇和對特朗普“大而美麗的比爾”的不確定性中，加密貨幣市場可能會首當其衝，如果情況不冷卻。

“Right now, we're seeing bitcoin testing the $100,000 support level, and I wouldn’t be surprised at all to see the price break down below this level in the short term. However, this pullback will likely be short-lived. At the moment, the long/short ratio for bitcoin is 47/53 in favour of the shorts, which usually indicates that a reversal is imminent,” he said.

“目前，我們正在看到比特幣測試100,000美元的支持水平，我根本不會感到驚訝的是，短期內的價格下跌以下是低於此水平的。但是，此回調可能是短暫的。目前，比特幣的長度/短比率為47/53，是47/53的47/53，這通常表示相反的相互作用，這表示相反。”他說。 ”

Puckrin said a key level he’s watching is $102,000: if bitcoin closes above this today, it would signal that the sell-off has run out of steam.

Puckrin表示，他正在觀看的關鍵水平為102,000美元：如果比特幣關閉今天，則表明拋售已經用完了。

“However, if the reversal is rejected at $106,000, further weakness could be on the horizon. Either way, investors must prepare for more volatility yet again, which has been the one predictable constant in this very unpredictable cycle,” he added.

他補充說：“但是，如果逆轉以106,000美元的價格被拒絕，那麼進一步的弱點可能會出現。無論哪種方式，投資者都必須再次為更多的波動率做好準備，這在這個非常不可預測的周期中一直是可預測的常數。”

As of this morning, it doesn’t seem like they will. Despite several bigwigs, including fellow billionaire Bill Ackman, trying to broker a peace deal between the two men, Trump doesn’t seem interested. This morning, the president told several outlets he was not receptive to a call with Musk.

截至今天早上，似乎他們不會。儘管包括億萬富翁比爾·阿克曼（Bill Ackman）在內的幾個大wig，試圖在兩個人之間進行和平協議，但特朗普似乎並不感興趣。今天早上，總統告訴幾家媒體，他不接受與馬斯克的電話。

There is one big winner in all of this. Yesterday, a Kill Big Beautiful Bill meme coin was launched on Pump.fun. As of writing, it’s up a whopping 360%.

所有這一切都有一個大贏家。昨天，在pump.fun上推出了一枚殺死美麗的比爾模因硬幣。截至撰寫本文時，它高達360％。