由於比特幣（BTC）持有以上$ 81,000，因此動態變化的信號正在倍增

最近的數據表明，轉向累積階段，這是貨運銷售降低和交易平台上的負資金率下降的特徵。

Bitcoin (BTC) is currently trading above the $81,000 zone, a level that has seen strong defense from buyers. As the market navigates this crucial juncture, signals of a changing dynamic are multiplying.

比特幣（BTC）目前的交易高於$ 81,000，這一水平已經獲得了買家的強大防禦。當市場導航這個關鍵時刻時，動態變化的信號正在增加。

Bitcoin: signs of a technical rebound

比特幣：技術反彈的跡象

Recent data suggests a shift towards an accumulation phase, marked by a decrease in spot sales and negative funding rates on trading platforms. This technical context, often a precursor to a bullish reversal, may hint at a forthcoming impulsive movement.

最近的數據表明，轉向累積階段，這是貨運銷售降低和交易平台上的負資金率下降的特徵。這種技術背景通常是看漲逆轉的先驅，可能會暗示即將發生的衝動運動。

While the behavior of whales suggests an immediate rebound of BTC, funding rates have moved into negative territory across several major exchanges, including Binance, Bybit, OKX, and Deribit. This indicates that short positions are outweighing long positions.

儘管鯨魚的行為表明BTC的立即反彈，但資金率已經轉移到包括Binance，Bybit，Okx和Deribit在內的幾個主要交易所中的負面領土。這表明較短的位置超過了長位置。

Historically, this phenomenon reflects excessive market distrust, often followed by a rebound when short sellers are forced to cover. In short, traders betting against bitcoin may soon find themselves trapped if the price starts to rise.

從歷史上看，這種現象反映出市場過度不信任，當時賣空者被迫覆蓋時，通常是反彈。簡而言之，如果價格開始上漲，交易者對比特幣的投注很快可能會被困。

Another key signal: the drop in spot sales volume. Bitcoin investors are not yet rushing to cash in their gains, preferring to hold their positions. This attitude reflects a growing confidence in a long-term bullish trend.

另一個關鍵信號：現貨銷量下降。比特幣投資者還沒有急於兌現收益，而是寧願擔任自己的職位。這種態度反映了人們對長期看漲趨勢的信心越來越大。

According to on-chain data, long-term holders are back in accumulation mode.

根據鏈上的數據，長期持有人恢復了積累模式。

A resistance to overcome to confirm momentum

阻力克服以確認動量

Despite these promising signals, bitcoin still faces a major technical resistance around $86,000. Breaking through this threshold would confirm a bullish recovery. For now, buyers are calmly defending the $81,000 zone, creating a favorable environment for a future explosion in volatility.

儘管有這些有希望的信號，但比特幣仍然面臨著重大的技術阻力，左右約為86,000美元。突破這個門檻將證實看漲的康復。目前，買家正在冷靜地捍衛81,000美元的區域，為未來的波動性爆炸創造了一個有利的環境。

On the macroeconomic front, global trade uncertainties continue to impact assets. Especially right now as Donald Trump has just announced new tariffs, which have plummeted the stock markets into the red. However, bitcoin’s resilience in the face of these disruptions demonstrates its growing role as an alternative asset. Institutional investors, while cautious, seem ready to gradually reintegrate into the market.

在宏觀經濟方面，全球貿易不確定性繼續影響資產。尤其是目前，唐納德·特朗普（Donald Trump）剛剛宣布了新的關稅，這將股票市場暴跌為紅色。但是，面對這些破壞，比特幣的韌性表明了其作為替代資產的越來越多的作用。機構投資者雖然謹慎，但似乎準備逐漸重新融入市場。

Not all indicators are yet green, but the current context resembles a calm before the storm. If the selling pressure continues to wane and the resistance at $86,000 gives way, bitcoin could enter a new bullish phase. For savvy investors, now might be the time to accumulate, before the market takes off. But things could soon change, as there is a 70% chance that a crypto crash occurs before June.

並非所有的指標都綠色，但是當前的情況類似於暴風雨前的平靜。如果銷售壓力繼續下降，電阻為86,000美元，比特幣可能會進入新的看漲階段。對於精明的投資者而言，現在可能是在市場起飛之前積累的時候了。但是情況很快可能會發生變化，因為六月之前發生了70％的加密貨幣撞車事故。