比特幣在拋售和市場動盪中努力維持生存

比特幣近期的上漲動能遇到阻力，導致拋售，將加密貨幣推至十天低點。令人失望的 ETF 表現和投資者的謹慎態度加劇了市場的波動，比特幣突破了 61,000 美元的支撐位。不過，市場已表現出韌性，如果投資者信心和市場狀況改善，則有可能出現反彈。

Amidst Selling Pressure, Bitcoin Grapples to Maintain Upward Trajectory

在拋售壓力下，比特幣努力維持上漲軌跡

Amidst escalating selling pressure and market volatility, Bitcoin's endeavors to sustain its upward momentum have faced formidable resistance. After a brief surge above $66,900 earlier this week, Bitcoin encountered a wave of sell-offs, resulting in a ten-day low of $61,600. This decline underscores the inherent volatility that characterizes the cryptocurrency market.

在拋售壓力不斷升級和市場波動的情況下，比特幣維持上漲動能的努力面臨巨大的阻力。在本週稍早短暫飆升至 66,900 美元上方之後，比特幣遭遇了一波拋售，導致比特幣跌至 61,600 美元的十日低點。這種下降凸顯了加密貨幣市場固有的波動性。

The bearish sentiment was further exacerbated by lackluster performances in the exchange-traded fund (ETF) sector. Notably, newly listed ETFs launched in Hong Kong witnessed surprisingly low trading volumes. This underperformance contributed to a downward spiral, with Bitcoin shedding nearly 2% within an hour during European trading hours, breaching the critical $61,000 threshold. Ethereum, the second largest cryptocurrency by market capitalization, also fell victim to the broader market uncertainties, registering a decline of 2.8% to $3,128.

交易所交易基金（ETF）領域的低迷表現進一步加劇了看跌情緒。值得注意的是，在香港新上市的 ETF 交易量出乎意料地低。這種表現不佳導致了螺旋式下跌，在歐洲交易時段，比特幣在一小時內下跌了近 2%，突破了 61,000 美元的關鍵門檻。以市值計算的第二大加密貨幣以太幣也受到更廣泛市場不確定性的影響，下跌 2.8% 至 3,128 美元。

Investor caution has become prominent, as evidenced by the recent slowdown in inflows to U.S.-based spot BTC ETFs. This has disrupted the previously steady uptrends in Bitcoin's price. However, the cryptocurrency market has demonstrated resilience, exemplified by a solo miner successfully mining a block. This feat underscores the robustness of the Bitcoin network against concerns of centralization post-halving.

最近流入美國現貨 BTC ETF 的資金放緩就證明了投資者的謹慎態度已變得十分突出。這擾亂了比特幣價格先前穩定的上漲趨勢。然而，加密貨幣市場已經表現出了彈性，一個單獨的礦工成功開採一個區塊就是一個例子。這項壯舉凸顯了比特幣網路的穩健性，消除了減半後中心化的擔憂。

As traders navigate these turbulent market conditions, the immediate concern revolves around the potential breach of the $60,000 support level. Such a development could trigger further losses, with a potential target extending down to $52,000. Conversely, a rebound above the $65,000 resistance could pave the way for a rally towards $71,000, contingent upon regained investor confidence and favorable market conditions.

當交易者應對這些動盪的市場環境時，最迫切的擔憂是可能突破 6 萬美元的支撐位。這樣的發展可能會引發進一步的損失，潛在目標將延伸至 52,000 美元。相反，反彈至 65,000 美元阻力位上方可能為反彈至 71,000 美元鋪平道路，具體取決於投資者信心的恢復和有利的市場條件。

A Technical Examination of Bitcoin's Downtrend on the 4-Hour Chart

4 小時圖上比特幣下跌趨勢的技術分析

An in-depth examination of Bitcoin's 4-hour chart reveals a clear downtrend, exemplified by the recent price movements. Since reaching highs around $66,000 earlier in April, Bitcoin has struggled to maintain upward momentum, consistently forming lower highs and lower lows – a classic bearish pattern. The moving average convergence divergence (MACD) has also crossed below the longer period line, further confirming the bearish sentiment in the market.

深入研究比特幣的 4 小時圖表，可以發現明顯的下降趨勢，最近的價格走勢就是例證。自 4 月初達到 66,000 美元左右的高點以來，比特幣一直難以保持上漲勢頭，不斷形成更低的高點和更低的低點——這是一種典型的看跌模式。移動平均線收斂背離（MACD）也已下穿較長週期線，進一步證實了市場的看跌情緒。

In the latest trading sessions, Bitcoin has breached critical support levels, most notably slipping below the psychological mark of $62,000 and descending toward $60,000. The Relative Strength Index (RSI) is hovering around 37, indicating a near entry into oversold territory, but still allowing for further declines before a strong bullish reversal can be anticipated. Furthermore, the MACD histogram is expanding in the negative zone, suggesting increasing bearish momentum.

在最近的交易日中，比特幣已經突破了關鍵支撐位，最明顯的是跌破 62,000 美元的心理關口，並跌向 60,000 美元。相對強弱指數 (RSI) 徘徊在 37 左右，表明接近進入超賣區域，但在預計出現強勁看漲逆轉之前，仍允許進一步下跌。此外，MACD長條圖在負區擴大，顯示看跌勢頭增強。

Current market dynamics indicate that Bitcoin could continue to face selling pressure. If the downtrend persists and Bitcoin breaks below the recent low of $60,000, it could test further support near $59,000. This level could be crucial for traders watching for a potential bounce or a deeper plunge. On the flip side, if Bitcoin manages to stabilize and push above the moving averages, it could attempt to retest resistance near the $62,000 to $63,000 range. However, for a significant reversal, Bitcoin would need to sustain gains above these levels to shift the market sentiment decisively.

當前的市場動態表明，比特幣可能繼續面臨拋售壓力。如果下跌趨勢持續且比特幣跌破近期低點 60,000 美元，則可能會進一步測試 59,000 美元附近的支撐位。對於觀察潛在反彈或更深跌幅的交易者來說，這一水平可能至關重要。另一方面，如果比特幣能夠穩定並突破移動平均線，它可能會嘗試重新測試 62,000 美元至 63,000 美元區間附近的阻力位。然而，要實現重大逆轉，比特幣需要將漲幅維持在這些水準之上，才能決定性地改變市場情緒。

In conclusion, Bitcoin's recent downward trend has raised concerns among investors, but the cryptocurrency market has demonstrated resilience in the past. As traders navigate these market gyrations, the key support and resistance levels mentioned above should be closely monitored to gauge the future direction of Bitcoin's price action.

總而言之，比特幣近期的下跌趨勢引起了投資者的擔憂，但加密貨幣市場過去已經展現了韌性。當交易者應對這些市場波動時，應密切監控上述關鍵支撐位和阻力位，以衡量比特幣價格趨勢的未來方向。