比特幣（BTC）繼續承受巨大的銷售壓力

隨著全球貿易戰爭的恐懼和宏觀經濟不確定性燃料市場的恐懼，比特幣（BTC）繼續承受著巨大的銷售壓力。

Bitcoin (BTC) has been experiencing massive selling pressure in recent times, largely driven by global trade war fears and macroeconomic uncertainty that has sparked fear in the market.

比特幣（BTC）近來一直遇到巨大的銷售壓力，這在很大程度上是由於全球貿易戰的恐懼和宏觀經濟不確定性引起了市場恐懼的驅動。

The price has been holding above the critical $80K level but remains stuck below $85K, failing to establish a clear short-term direction. As investors remain hesitant to take major positions, BTC is in a fragile state, where both bulls and bears are patiently waiting for the next major move.

價格一直在關鍵的8萬美元水平上，但仍處於8.5萬美元以下，未能建立明確的短期方向。由於投資者仍然猶豫要擔任主要職務，BTC處於脆弱狀態，公牛和熊隊都在耐心地等待下一個重大行動。

However, despite the current uncertainty, key market metrics suggest a moderately bullish sentiment in the Bitcoin options market. There is a greater concentration of contracts and trading volumes in call options, indicating that some traders are positioning for potential upside.

但是，儘管目前存在不確定性，但主要市場指標表明比特幣期權市場中的看漲情緒。在呼叫選項中，合同和交易量的集中度更高，這表明某些交易者正在定位潛在上升空間。

The next few trading sessions will be crucial, as Bitcoin must either reclaim key resistance levels to confirm a recovery or risk further downside pressure if sellers continue to dominate. With the options market hinting at potential upside and BTC’s price action remaining uncertain, traders are closely monitoring key support and resistance zones.

接下來的幾個交易會議將是至關重要的，因為比特幣必須恢復關鍵阻力水平，以確認恢復或冒險，如果賣方繼續佔據主導地位，則必須進一步降低下行壓力。隨著期權市場的暗示，潛在上升空間，而BTC的價格行動仍然不確定，交易者正在密切監視關鍵支持和阻力區。

Bitcoin Market Signals Suggest A Potential Rebound

比特幣市場信號表明潛在的反彈

Bitcoin has dropped nearly 20% since the start of the month, with bears largely in control as they push prices lower. The chart shows an attempt by bulls to stabilize the price above the 200-day moving average (MA) at the $80K level.

自本月初以來，比特幣已下降了近20％，隨著熊的推動價格降低，比特幣在很大程度上受到了控制。該圖表顯示，公牛隊的嘗試將價格穩定在200天移動平均水平（MA）水平上。

But unless bulls quickly regain momentum and push BTC above the 200-day exponential moving average (EMA) at $85,500, the downtrend could continue.

但是，除非公牛迅速恢復動量並將BTC推高200天的指數移動平均線（EMA）為85,500美元，否則下降趨勢可能會繼續下去。

Some analysts believe that BTC could be gearing up for a massive recovery once it stabilizes above $80K and reclaims the $90K mark.

一些分析師認為，一旦穩定超過$ 80K並收回了90,000美元的大關，BTC可能會為大規模恢復做好準備。

Despite short-term weakness, Bitcoin’s long-term fundamentals remain strong. Institutional adoption continues to expand, and US President Donald Trump’s plan to establish a Strategic Bitcoin Reserve could serve as a major catalyst for future price movements.

儘管短期弱點，比特幣的長期基本面仍然很強。機構採用不斷擴大，美國總統唐納德·特朗普（Donald Trump）建立戰略比特幣儲備的計劃可以作為未來價格變動的主要催化劑。

If demand increases and confidence returns, BTC may see a significant push toward new highs.

如果需求增加和信心回報，BTC可能會看到新高點的重大推動力。

Top analyst Axel Adler shared insights on X (formerly Twitter) into the derivatives market. According to recent data, there is a greater concentration of contracts and trading volumes in call options than put options.

頂級分析師阿克塞爾·阿德勒（Axel Adler）在X（以前是Twitter）上分享了衍生品市場的見解。根據最近的數據，呼叫選項中的合同和交易量要比POT選項更加集中。

This imbalance suggests that some traders are positioning for potential upside, anticipating a rebound from current price levels. However, there are also large put option positions in the $75,000-$85,000 range, indicating that investors are hedging against further downside risks.

這種不平衡表明，一些交易者正在定位潛在的上行空間，預計目前的價格水平會有反彈。但是，在$ 75,000- $ 85,000的範圍內也有大量的PUT期權頭寸，這表明投資者正在對沖進一步的下行風險。

This hedging activity signals uncertainty and the potential for high volatility, making BTC’s next move highly unpredictable. The coming weeks will be crucial, as Bitcoin must either reclaim higher levels to confirm a recovery or risk further declines if selling pressure continues. Traders are closely monitoring price action, waiting for a decisive breakout in either direction.

這種對沖活動信號的不確定性和高波動性的潛力，這使得BTC的下一步行動極為不可預測。接下來的幾週將是至關重要的，因為比特幣必須收回更高的水平以確認恢復，或者如果銷售壓力繼續持續，則可能會進一步下降。交易者正在密切監視價格行動，等待任何一個方向的決定性突破。

Bulls Fight To Reclaim Key Levels

公牛爭取收回關鍵水平

Bitcoin is currently trading at $84,000, attempting to hold above the 200-day MA around this level.

比特幣目前的交易價格為84,000美元，試圖超過該水平的200天MA。

Bulls need to regain momentum quickly and push BTC above the 200-day EMA at $85,500 to establish a foundation for a potential recovery. However, the MACD indicator is still in sell mode, and RSI is approaching the neutral 50 level, indicating that momentum remains largely with sellers.

公牛需要迅速恢復動力，並將BTC推高為200天EMA的$ 85,500，以建立潛在恢復的基礎。但是，MACD指標仍處於銷售模式，RSI接近中性50級，表明動量在很大程度上與賣方保持不變。

But if bulls manage to stabilize the price and drive it back above $85K, it could signal a shift in balance, putting more pressure on bears to defend remaining support.

但是，如果公牛設法穩定價格並將其拖回85,000美元以上，則可能標誌著平衡的轉變，對熊施加更大的壓力，以捍衛剩餘的支持。

However, if bulls fail to reclaim the $85K level, Bitcoin could face renewed selling pressure, leading to a potential drop below the critical $80K mark. This would further extend the current downtrend, increasing the risk of deeper corrections.

但是，如果公牛隊未能收回85,000美元的水平，比特幣可能會面臨新的銷售壓力，從而導致潛在的下降以下，低於$ 80K的關鍵。這將進一步擴大當前的下降趨勢，從而增加更深層校正的風險。

For BTC to confirm a recovery, it must break past the $90K mark, a key psychological and technical resistance. Reclaiming this level would signal renewed buyer confidence and could set the stage for a stronger rally.

為了使BTC確認恢復，它必須超越$ 90K Mark，這是一種關鍵的心理和技術抵抗力。收回此水平將表示重新獲得買家的信心，並可能為更強大的集會奠定基礎。

But failure to hold current support could lead to increased volatility and further downside risks, as seen during previous periods of strong selling.

但是，如前所述，未能持有目前的支持可能會導致波動性的增加和進一步的下行風險。

With Bitcoin hovering at crucial levels, the next few trading sessions will be critical in determining whether BTC can stabilize and regain lost ground or if the downtrend will continue toward lower support zones.

隨著比特幣在關鍵水平上徘徊，接下來的幾個交易課程對於確定BTC是否可以穩定並恢復失落的地面或下降趨勢是否會繼續朝著較低的支撐區域降低至關重要。