隨著宏觀經濟的恐懼和政治上的不可預測性繼續影響全球市場，比特幣（BTC）與分析師的強烈懷疑鬥爭。

隨著宏觀經濟的恐懼和政治上的不可預測性繼續影響全球市場，比特幣再次受到壓力。美國總統唐納德·特朗普（Donald Trump）的不穩定政策決定（尤其是圍繞貿易）增加了投資者的焦慮，引發了股票和加密貨幣的波動。在這種氣候下，比特幣一直在努力恢復動力，目前的交易價格低於$ 90,000美元的關鍵。

Bitcoin is facing a crucial test as it attempts to rise above key resistance levels amid macroeconomic fears and political unpredictability.

比特幣正面臨著一個關鍵的測試，因為它試圖在宏觀經濟的恐懼和政治不可預測性的情況下提高關鍵阻力水平。

Pay attention to the Bitcoin price analysis in the new Benzinga Money podcast!

請注意新的Benzinga Money Podcast中的比特幣價格分析！

What Happened: As global markets reel from macroeconomic anxieties and political uncertainty, Bitcoin is struggling to regain momentum.

發生的事情：隨著全球市場陷入宏觀經濟的焦慮和政治不確定性，比特幣正在努力恢復勢頭。

The United States president’s erratic policy decisions, especially regarding trade, have heightened investor anxiety, impacting both equities and crypto. In this volatile climate, Bitcoin has struggled to reclaim critical resistance near the $90K mark, impacting traders’ ability to establish bullish narratives.

美國總統的不穩定政策決定，尤其是關於貿易的決定，增加了投資者的焦慮，影響了股票和加密貨幣。在這種動蕩的氣候中，比特幣一直在努力收回90,000美元的關鍵抵抗，從而影響了交易者建立看漲敘事的能力。

Despite recent attempts to recover, demand remains weak around current levels, and bulls have yet to mount a convincing rally. Traders are watching closely as Bitcoin needs to reclaim $90K to reestablish a bullish narrative. Until then, uncertainty prevails.

儘管最近試圖恢復，但需求在當前水平上仍然很弱，公牛隊尚未舉行令人信服的集會。貿易商正在密切關注，因為比特幣需要收回$ 90K才能重新建立看漲的敘述。在此之前，不確定性盛行。

Further highlighting the cautious sentiment, CryptoQuant data shows that the average trader is sitting at an unrealized loss of -13.86%. This level is significant as it has historically signaled increased selling pressure.

加密數據進一步強調了謹慎的情緒，表明，普通交易者的平均損失為-13.86％。該水平很重要，因為它歷史上表明銷售壓力增加。

While such loss levels have previously marked bottom zones, they also reflect a market engrossed in fear, where traders lack the conviction to push prices higher.

儘管這種損失水平以前已經標誌著底部區域，但它們也反映了一個全神貫注於恐懼的市場，在這種情況下，交易者缺乏將價格推高的信念。

Bitcoin has slid more than 29% from its January all-time high, and the next move will be critical in determining the next stage of the market. Will traders capitulate, or could this be the foundation for a recovery?

比特幣從一月份的歷史最高水平上滑行了29％以上，下一步對於確定下一階段的市場至關重要。交易者會屈服，還是這是恢復的基礎？

Top analyst Ali Martinez offers a more optimistic view. In a recent post on X, formerly Twitter, he shared that Bitcoin traders are currently sitting at an average unrealized loss of -13.86%.

頂級分析師阿里·馬丁內斯（Ali Martinez）提供了更樂觀的視野。在最近的X（以前是Twitter）上的一篇文章中，他分享說，比特幣交易者目前的平均未實現損失為-13.86％。

“Historically, when traders reach this level of loss, it has often marked the exhaustion point of selling pressure and signaled local bottoms, which were followed by strong price recoveries.”

“從歷史上看，當交易者達到這種損失水平時，它經常標誌著銷售壓力的疲憊點並發出了當地底部的信號，隨後是價格強勁的回收率。”

If bulls want to regain control, now is the time to act. A decisive move above resistance zones could invalidate the bearish outlook and reestablish upward momentum.

如果公牛想重新獲得控制，那麼現在是時候採取行動了。在阻力區域上方的決定性舉動可能使看跌前景無效，並重新建立了向上的動力。

What Next For Bitcoin

比特幣的下一步

Bitcoin is trading in a tight consolidation zone between $87,000 and $81,000, signaling that a decisive move could be on the horizon. After weeks of volatility and selling pressure, price action has flattened out, creating tension in the market as both bulls and bears await a breakout.

比特幣在$ 87,000至81,000美元之間的緊密整合區交易，這表明決定性的舉動可能會出現。經過數週的波動和銷售壓力，價格行動已經變平，隨著公牛和熊等待突破，市場上的緊張局勢。

For bullish momentum to return, BTC must break above the $88,000 level — a move that would also reclaim the 4-hour 200-day moving average (MA) and exponential moving average (EMA). A breakout above these levels would be a short-term strength signal, potentially opening the door for a rally toward the $90,000 mark and beyond.

為了使看漲的勢頭返回，BTC必須超過88,000美元的水平，這一舉動還將重新奪回4小時的200天移動平均線（MA）和指數移動平均線（EMA）。超過這些水平的突破將是一個短期的強度信號，有可能為$ 90,000及以後的$ 90,000大關打開大門。

However, the longer BTC stays stuck below resistance, the more likely the market is to see renewed selling. Failure to reclaim $88,000 in the coming sessions could invite a wave of bearish momentum, pushing Bitcoin below $81,000 and possibly toward deeper support zones.

但是，BTC停留的時間越長，市場越有可能看到銷售的銷售。在即將到來的會議中未能收回$ 88,000，可能會引起看跌的動力，將比特幣低於$ 81,000，並可能朝著更深的支撐區延伸。

With Bitcoin trapped in this narrowing range, all eyes are on volume and volatility indicators to anticipate the next breakout direction. The coming days may prove pivotal in determining whether BTC reclaims control or continues its drift into further correction territory.

由於比特幣被困在這個狹窄的範圍內，所有人的眼睛都注視著音量和波動率指示器，以預測下一個突破方向。未來的日子可能證明是確定BTC是否收回控製或繼續向進一步的校正領域進行控制的關鍵。

See More: Best Cryptocurrency Scanners

查看更多：最佳加密貨幣掃描儀

This article was originally published on Benzinga and has been modified to reflect Chain's style guide and tone.

這篇文章最初發表在Benzinga上，並經過修改以反映Chain的樣式指南和音調。