比特幣在熊市退潮中接近關鍵十字路口

鏈上分析師 Willy Woo 認為，比特幣（BTC）正在接近關鍵時刻，顯示在看跌勢頭減弱的情況下可能會出現看漲逆轉。雖然技術指標顯示看跌趨勢，但 Woo 強調基本面指標基本上看漲。他強調了累積交易量 Delta (CVD) 的下降，這表明緊急市場拋售減少，而交易所上的比特幣價格下跌，可能表明轉向持有。儘管有這些看漲跡象，吳承認週線圖和月線圖上存在看跌背離，這表明需要價格飆升才能打破這一趨勢。比特幣目前交易價格為 63,001 美元，過去一週下跌 4.6%。

Bitcoin Enters Critical 'Crunch Time' as Bearish Momentum Subsides

隨著看跌勢頭消退，比特幣進入關鍵“關鍵時刻”

Prominent on-chain analyst Willy Woo has issued an insightful analysis, suggesting that Bitcoin (BTC) is approaching a pivotal juncture as the bearish momentum that has characterized the recent market environment begins to dissipate.

著名鏈上分析師 Willy Woo 發表了一篇富有洞察力的分析，顯示比特幣 (BTC) 正接近一個關鍵時刻，因為近期市場環境的看跌勢頭開始消散。

In a comprehensive analysis shared with his 1.1 million followers on social media platform X, Woo presents a detailed assessment of key indicators that point to the potential for a bullish reversal in the near future.

在社群媒體平台 X 上與他的 110 萬粉絲分享的綜合分析中，Woo 對關鍵指標進行了詳細評估，這些指標表明在不久的將來可能會出現看漲逆轉。

Bullish Signals Emerge

看漲訊號出現

Woo highlights the Cumulative Volume Delta (CVD) as an indicator that is starting to show signs of a waning bearish trend. The CVD measures the difference between buying and selling volume over a specified period, providing insights into the intensity of market sentiment. Woo observes that the CVD is now indicating a decline in urgent market selling pressure, suggesting that the prevailing bearish regime is gradually subsiding.

Woo 強調，累積交易量 Delta (CVD) 是一個開始顯示看跌趨勢減弱跡象的指標。 CVD 衡量特定時期內買賣量的差異，提供對市場情緒強度的洞見。 Woo 觀察到，CVD 現在顯示緊急市場拋售壓力下降，顯示普遍的看跌局面正在逐漸消退。

Another bullish indicator identified by Woo is the declining inventory of Bitcoin on crypto exchanges. This phenomenon is often interpreted as a sign of optimism, as it implies that more coins are being held in cold storage, which reduces the immediate supply available for sale. Woo notes that historically, a decline in the inventory of paper and spot BTC has corresponded with bullish market conditions.

Woo 指出的另一個看漲指標是加密貨幣交易所的比特幣庫存下降。這種現象通常被解釋為樂觀的跡象，因為它意味著更多的硬幣被冷藏，這減少了可立即出售的供應量。 Woo 指出，從歷史上看，紙幣和現貨 BTC 庫存的下降與看漲的市場狀況相對應。

The Bitcoin Risk Signal, which compares network flows to price action to gauge the level of risk associated with major price drops, is also flashing bullish. Woo points out that the Risk Signal has been trending downwards, indicating a reduced likelihood of a significant price dip.

比特幣風險訊號將網路流量與價格行為進行比較，以衡量與價格大幅下跌相關的風險水平，該訊號也閃爍著看漲訊號。 Woo 指出，風險訊號一直呈下降趨勢，顯示價格大幅下跌的可能性降低。

Bearish Factors Remain

看跌因素依然存在

Despite the bullish signals, Woo acknowledges that the weekly and monthly Bitcoin charts still exhibit some bearish momentum. The weekly candles are printing a bearish divergence pattern, which could be confirmed on the monthly candles if the month closes with a downward price action. Woo emphasizes that a strong price rally is necessary to break this bearish divergence.

儘管出現看漲訊號，吳承認比特幣週線圖和月線圖仍然顯示出一些看跌勢頭。週蠟燭圖顯示出看跌背離模式，如果該月以下行價格走勢收盤，則可在月蠟燭圖上確認此模式。 Woo 強調，要打破這種看跌背離，價格的強勁上漲是必要的。

Critical Decision Point

關鍵決策點

Woo concludes his analysis by stating that Bitcoin is facing a critical decision point. The combination of bearish technical indicators and bullish fundamental signals creates a highly uncertain market environment. However, the analyst believes that macroeconomic liquidity conditions will likely play a decisive role in determining the future trajectory of Bitcoin.

吳在總結他的分析時指出，比特幣正面臨一個關鍵的決策點。看跌的技術指標和看漲的基本面訊號結合，造成了高度不確定的市場環境。然而，分析師認為，宏觀經濟流動性狀況可能在決定比特幣未來走勢方面發揮決定性作用。

Bitcoin's Current Market Position

比特幣當前的市場地位

At the time of writing, Bitcoin is trading at $63,001, having experienced a 4.6% decline over the past seven days. Despite this recent dip, Woo's analysis suggests that the cryptocurrency is poised for a potential bullish reversal as the bearish regime subsides.

截至撰寫本文時，比特幣交易價格為 63,001 美元，在過去 7 天內下跌了 4.6%。儘管最近出現下跌，但 Woo 的分析表明，隨著看跌局面消退，加密貨幣有望出現潛在的看漲逆轉。