比特幣接近關鍵時刻，測試低於 9.5 萬美元的關鍵需求水平

在 10 萬美元關鍵關卡下方盤整數週後，比特幣在 92,000 美元上方發現強勁需求。

Bitcoin price is currently showing signs of strength at a crucial demand level below the $95,000 mark, a pivotal price point that could potentially fuel the next rally. While the ongoing consolidation phase has left many investors concerned about a potential deeper correction, key market metrics suggest that the outlook remains more optimistic than it seems.

比特幣價格目前在低於 95,000 美元大關的關鍵需求水平上顯示出走強的跡象，這是一個可能推動下一次反彈的關鍵價格點。儘管持續的盤整階段讓許多投資人擔心可能出現更深層的調整，但關鍵市場指標顯示前景仍然比看起來更樂觀。

CryptoQuant analyst Axel Adler shared a compelling chart that offers valuable insights into Bitcoin’s current market sentiment. According to Adler, the market will only reach an overheated state when the sentiment index reaches the 95th percentile. Historically, this level has marked the beginning of significant price corrections. The good news for Bitcoin enthusiasts is that the market is still well below this threshold, indicating that there could be further upside before any major resistance kicks in.

CryptoQuant 分析師 Axel Adler 分享了一張引人注目的圖表，該圖表為比特幣當前的市場情緒提供了寶貴的見解。阿德勒認為，只有當情緒指數達到95%時，市場才會達到過熱狀態。從歷史上看，這一水平標誌著重大價格調整的開始。對於比特幣愛好者來說，好消息是市場仍遠低於此閾值，這表明在出現任何重大阻力之前可能會進一步上漲。

This analysis aligns with the broader sentiment among long-term investors, who view the current phase of consolidation as a healthy pause in Bitcoin’s upward trajectory. As BTC maintains support above key levels, all eyes are on whether it can break back above $95K and eventually reclaim the psychological $100K mark—setting the stage for another potential rally.

這項分析與長期投資者的廣泛情緒一致，他們認為當前的盤整階段是比特幣上行軌蹟的健康暫停。隨著 BTC 維持在關鍵水平之上的支撐，所有人都在關注它是否能夠突破 9.5 萬美元並最終收復 10 萬美元的心理關口，為另一次潛在反彈奠定基礎。

Bitcoin price is currently showing signs of strength at a crucial demand level, setting the stage for a critical juncture in the coming days. After weeks of consolidation below the pivotal $100K mark, BTC is finding strong demand above the $92,000 level. This support level has been crucial in preventing a deeper correction, and analysts are closely monitoring it for a potential breakout.

比特幣價格目前在關鍵需求水準上顯示出走強跡象，為未來幾天的關鍵時刻奠定了基礎。在 10 萬美元關鍵關卡下方盤整數週後，比特幣在 92,000 美元上方發現了強勁的需求。這一支撐位對於防止進一步調整至關重要，分析師正在密切關注該支撐位是否可能出現突破。

As BTC inches closer to a critical juncture, the next few days will be key in determining whether Bitcoin can break above $100K or dip below $90K.

隨著 BTC 逐漸接近關鍵時刻，未來幾天將是決定比特幣能否突破 10 萬美元或跌破 9 萬美元的關鍵。

Axel Adler's data highlights the importance of monitoring certain market metrics. As the market sentiment and price correlation index nears the 95th percentile, this signals the potential for major corrections in the past. Adler advises keeping a close eye on three key indicators as the index approaches this critical point: Long-Term Holder (LTH) sales, ETF outflows, and the behavior of investors holding MicroStrategy (MSTR) shares.

阿克塞爾·阿德勒的數據強調了監控某些市場指標的重要性。隨著市場情緒和價格相關指數接近 95%，這預示著過去可能出現重大調整。 Adler 建議在指數接近這一關鍵點時密切關註三個關鍵指標：長期持有者 (LTH) 銷售、ETF 流出以及持有 MicroStrategy (MSTR) 股票的投資者的行為。

Bitcoin price is currently showing signs of strength at a crucial juncture but faces challenges in regaining bullish momentum. After attempting to reclaim the $95,000 level, BTC has stalled and faces another critical resistance level. Crucially, Bitcoin will need to push past the $98,000 and $100,000 levels for a more sustained uptrend.

比特幣價格目前在關鍵時刻顯示出走強跡象，但在恢復看漲勢頭方面面臨挑戰。在試圖收復 95,000 美元水準後，BTC 陷入停滯並面臨另一個關鍵阻力位。至關重要的是，比特幣需要突破 98,000 美元和 100,000 美元的水平才能實現更持續的上漲趨勢。

The first major hurdle for the bulls is reclaiming the $95,000 mark. However, this level alone won’t be enough to signal a sustained uptrend. For a more confident rally, Bitcoin will need to push above the $98,000 and $100,000 levels.

多頭面臨的第一個主要障礙是奪回 95,000 美元大關。然而，僅這一水平不足以表明持續的上升趨勢。為了更有信心的反彈，比特幣需要突破 98,000 美元和 100,000 美元的水平。

The $100K mark remains a significant psychological and technical barrier. Breaking through this level is essential for confirming the continuation of Bitcoin’s uptrend, but a sustained presence above it will be even more crucial. If Bitcoin can hold above $100K for a few days, it would give market participants the confidence that the bullish structure is intact.

10 萬美元大關仍然是一個重要的心理和技術障礙。突破這一水平對於確認比特幣上漲趨勢的持續至關重要，但持續高於該水平將更為重要。如果比特幣能夠在幾天內保持在 10 萬美元以上，這將使市場參與者相信看漲結構完好無損。

On the other hand, failure to reclaim these crucial levels could result in further downside. If Bitcoin struggles to move past the 95K resistance and fails to break above 98K and 100K, a drop below the 92K support becomes increasingly likely. In such a scenario, Bitcoin could face deeper corrections, potentially targeting the 85K demand zone.

另一方面，未能恢復這些關鍵水平可能會導致進一步的下行。如果比特幣難以突破 95K 阻力位且未能突破 98K 和 100K，那麼跌破 92K 支撐位的可能性就越來越大。在這種情況下，比特幣可能會面臨更深層的調整，可能會瞄準 85K 需求區域。

As the market navigates these tight trading ranges, the next few days will be pivotal in determining the direction of Bitcoin’s price. Whether the bulls can reclaim control or the bears will push prices lower could have a significant impact on the weeks ahead.

隨著市場在這些狹窄的交易區間內航行，未來幾天將是決定比特幣價格走向的關鍵。無論多頭能否重新獲得控制權，還是空頭會壓低價格，都可能對未來幾週產生重大影響。