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

加密市场现在需要的最后一件事是更糟糕的共鸣。但不幸的是，这正是它得到的。

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·马斯克（Elon Musk）和唐纳德·特朗普（Donald Trump）对所有争执的争执正在产生财务影响。除了特朗普的交易被打击外，加密货币市场也感觉到了不良的共鸣。

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.

至于与两个男人相关的模因硬币，两者都感到分手疼痛。在过去的24小时内，特朗普的同名$特朗普（享有著名晚餐的人）下跌了8％。自就职日一直以来，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.

至于穆斯克认可的狗狗（Dogecoin） - 特斯拉（Tesla）首席执行官非常喜欢的模因硬币，启发了总督局的名字 - 自2021年5月8日的历史最高点以来，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.

看到狂野的市场波动是因为埃隆·马斯克（Elon Musk）和唐纳德·特朗普（Donald Trump）在X上互相挥拳既令人讨厌又令人震惊。令人讨厌，因为我们仍然让大声的个性在市场上移动；因为它表明了加密货币生态系统仍然脆弱，并且迫切需要流动性，”现实世界资产的创始人Kevin Rusher说。”

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.

至于比特币，今天早上下降了约1.7％。在过去一周中，资产的举动一直被胜过，在低至100,000美元的低至100,000美元的范围内振荡。

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.

由于加密货币市场是唯一一个全天候24/7的市场，因此周末的一场争执不断升级，可能会对它产生巨大影响。

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的创始人Nic Puckrin表示，在特朗普 - 穆斯克（Trump-Musk）的传奇和对特朗普“大而美丽的比尔”的不确定性中，加密货币市场可能会首当其冲，如果情况不冷却。

“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，我们正在看到比特币测试100,000美元的支持水平，我根本不会感到惊讶的是，短期内的价格下跌以下是低于此水平的。但是，此回调可能是短暂的。目前，比特币的长度/短比率为47/53，是47/53的47/53，这通常表示相反的相互作用，这表示相反。”他说。”

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，他正在观看的关键水平为102,000美元：如果比特币关闭今天，则表明抛售已经用完了。

“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.

他补充说：“但是，如果逆转以106,000美元的价格被拒绝，那么进一步的弱点可能会出现。无论哪种方式，投资者都必须再次为更多的波动率做好准备，这在这个非常不可预测的周期中一直是可预测的常数。”

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，似乎他们不会。尽管包括亿万富翁比尔·阿克曼（Bill Ackman）在内的几个大wig，试图在两个人之间进行和平协议，但特朗普似乎并不感兴趣。今天早上，总统告诉几家媒体，他不接受与马斯克的电话。

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%.

所有这一切都有一个大赢家。昨天，在pump.fun上推出了一枚杀死美丽的比尔模因硬币。截至撰写本文时，它高达360％。