比特幣（BTC）繼續以8.5萬美元的價格交易，這加劇了人們對進一步缺點的擔憂

比特幣（BTC）繼續貿易低於$ 85K的水平，這加劇了人們對看跌趨勢保持不變的進一步缺點的擔憂。公牛正在失去動力

Bitcoin (BTC) continues to trade below the $85K level as the bearish trend remains intact.

由於看跌趨勢保持不變，比特幣（BTC）繼續貿易低於85,000美元。

* Despite the recent price drops, new data from Glassnode indicates that Accumulation Trend Scores may be showing early signs of BTC accumulation after three months of persistent distribution.

*儘管最近的價格下跌，但來自玻璃節的新數據表明，累積趨勢得分可能顯示出三個月持續分配後BTC積累的早期跡象。

* This shift in behavior could be a crucial turning point, especially if it's confirmed by other relevant indicators and if it's sustained over an extended period.

*這種行為轉變可能是一個關鍵的轉折點，尤其是如果其他相關指標確認，並且是否在長時間內持續。

Bitcoin has slipped below the $100K mark, officially entering correction territory, and the bearish trend was fully confirmed when BTC failed to hold above $90K.

比特幣在$ 10萬美元的標記下滑倒，正式進入更正領域，而當BTC未能持有超過$ 90K時，看跌趨勢得到了充分的確認。

Since reaching its all-time high (ATH) of $109K in January, Bitcoin has dropped over 29%, and it appears this trend could continue as global macroeconomic conditions remain unfavorable.

自一月份達到其歷史最高水平為10.9萬美元以來，比特幣已經下降了29％以上，似乎隨著全球宏觀經濟狀況仍然不利，這種趨勢可能會持續下去。

Macroeconomic uncertainty and volatility are key drivers of price action, and erratic policy decisions from U.S. President Donald Trump have added to the turbulence in both crypto and traditional markets.

宏觀經濟的不確定性和波動性是價格行動的主要驅動力，美國總統唐納德·特朗普（Donald Trump）的不穩定政策決定增加了加密和傳統市場的動盪。

The global trade war narrative and tightening monetary conditions continue to weigh heavily on risk assets, contributing to Bitcoin’s inability to sustain a meaningful recovery.

全球貿易戰敘事和收緊貨幣條件繼續嚴重影響風險資產，這導致比特幣無法維持有意義的恢復。

However, there is a shift in market behavior that could indicate a turning point. Key metrics from Glassnode reveal that after three months of distribution, Accumulation Trend Scores hint at early signs of BTC accumulation.

但是，市場行為發生了變化，可能表明轉折點。玻璃節點的主要指標表明，經過三個月的分佈，積累趨勢得分暗示了BTC積累的早期跡象。

These scores, designed by Glassnode, measure the rate at which coins are flowing off of exchanges, with a lower velocity of coins leaving exchanges over time indicating accumulation by large-scale investors.

這些由GlassNode設計的分數測量了硬幣從交易所流動的速率，而硬幣的速度較低，隨著時間的流逝，交換的速度表明大型投資者的積累。

As these Accumulation Trend Scores begin to decrease at lower prices, it suggests that less coins are being distributed at these levels, which could be interpreted as an indication that some investors are stepping back in at these lower levels.

隨著這些累積趨勢分數開始以較低的價格下降，這表明在這些水平上分配的硬幣較少，這可以解釋為某些投資者正在以這些較低的水平重新介入。

This transition from distribution to accumulation has often preceded a recovery phase in past market cycles.

從過去的市場週期中，這種從分佈到累積的過渡通常是在恢復階段之前的。

The next few weeks will be crucial, as Bitcoin’s ability to hold support and attract fresh demand will determine whether the market is preparing for a rebound or a deeper correction.

接下來的幾週將是至關重要的，因為比特幣具有支持並吸引新鮮需求的能力將決定市場是否正在為反彈做準備還是更深入的糾正。

Bitcoin In Correction Mode – Accumulation Trends Hint At A Possible Shift

比特幣處於校正模式 - 累積趨勢暗示了可能的轉變

Bitcoin has officially entered correction territory after losing the $100K mark, and the bearish trend was fully confirmed when BTC failed to hold above $90K.

比特幣失去了10萬美元的大關後，已經正式進入了更正領域，當BTC未能持有超過9萬美元以上時，看跌趨勢得到了充分的確認。

Since reaching its all-time high (ATH) of $109K in January, Bitcoin has dropped over 29%, and it appears this trend could continue as global macroeconomic conditions remain unfavorable.

自一月份達到其歷史最高水平為10.9萬美元以來，比特幣已經下降了29％以上，似乎隨著全球宏觀經濟狀況仍然不利，這種趨勢可能會持續下去。

Trade war tensions between the United States and key global economies like Europe, China, and Canada continue to pressure financial markets, leading to uncertainty and risk-off sentiment.

美國與歐洲，中國和加拿大等主要全球經濟體之間的貿易戰緊張局勢繼續向金融市場施加壓力，導致不確定性和冒險情緒。

As these geopolitical issues intensify, both crypto and traditional markets remain highly volatile, struggling to find stability.

隨著這些地緣政治問題的加劇，加密貨幣和傳統市場都保持高度波動，努力尋找穩定。

However, not all indicators are bearish. Ali Martinez shared insights on X, revealing that the tide is turning for Bitcoin. After three months of distribution, the Accumulation Trend Scores model from Glassnode is hinting at early signs of BTC accumulation.

但是，並非所有指標都是看跌。阿里·馬丁內斯（Ali Martinez）在X上分享了見解，表明潮流正在轉向比特幣。經過三個月的分佈後，玻璃節的累積趨勢得分模型暗示了BTC積累的早期跡象。

Martinez stated: “After 3 months of Accumulation Trend flowing in the lower velocity, we may be seeing the first signs of fib lower in the last 24 hours.”

馬丁內斯說：“在較低速度的3個月積累趨勢流動後，我們可能會看到過去24小時內FIB較低的第一個跡象。”

This phase of accumulation is a critical turning point that will determine whether Bitcoin sees a fast recovery above key supply levels or a long consolidation period before the next major move. The next few weeks will be decisive for BTC’s short-term outlook.

這一累積階段是一個關鍵的轉折點，它將決定比特幣在下一步重大移動之前的快速恢復還是長期恢復。接下來的幾週對於BTC的短期前景而言，將是決定性的。

$80K Retest on the Horizon?

重新測試$ 80K？

Bitcoin is currently trading at $83,000, caught in a tight consolidation as it struggles to break above $85K while maintaining support at $82K. This range-bound price action has left investors uncertain, with bulls attempting to reclaim higher levels and bears pressing for further downside.

比特幣目前的交易價格為83,000美元，陷入了緊張的合併，因為它努力折扣85,000美元，同時保持支持為82K美元。這種有限的價格行動使投資者不確定，公牛隊試圖收回更高的水平，並迫使他們進一步不利。

If bulls want to regain control, BTC must push above $89K, a key resistance level aligned with the 4-hour 200 moving average (MA). A successful breakout above $90K could confirm a recovery trend and open the door for further gains toward $95K and beyond.

如果公牛想重新獲得控制權，BTC必須推高於$ 89K，這是一個與4小時200移動平均線（MA）保持一致的關鍵阻力水平。超過$ 90K的成功突破可以確認恢復趨勢，並為95,000美元及以後的進一步增長打開了大門。

But if Bitcoin fails to break above $90K in the coming sessions, the risk of a deeper correction increases. Losing $82K could send BTC into a downward spiral, potentially retesting $80K or even lower levels.

但是，如果比特幣在即將到來的會議上未能超過90k美元，那麼更深層校正的風險就會增加。損失$ 82K可能會使BTC陷入下降螺旋形，可能會重新測試$ 80K甚至更低的水平。

With market sentiment still fragile, the next major move will likely determine the short-term trajectory of Bitcoin’s price action.

由於市場情緒仍然脆弱，下一步的重大舉措可能會決定比特幣價格行動的短期軌跡。