比特幣（BTC）失去了關鍵的支持水平

隨著市場努力尋找需求，比特幣失去了關鍵的支持水平，從而使熊獲得動力。

In a bleak outlook for Bitcoin, fear is now setting in across the market as crucial support levels are lost and bears gain momentum. With uncertainty in the broader financial markets also rising, analysts are calling for further corrections from Bitcoin.

在對比特幣的黯淡前景中，隨著關鍵的支持水平損失並且熊的增長勢頭，恐懼現在正在整個市場中。由於更廣泛的金融市場的不確定性也在上升，分析師呼籲對比特幣進行進一步的更正。

Bitcoin has dropped over 28% from its late January highs, and concerns are growing that bears could take prices even lower in the coming weeks. However, data from CryptoQuant reveals BTC currently has an 80% correlation with the S&P 500 index.

比特幣從1月下旬的高點開始下降了28％，並且擔心熊在接下來的幾週內可能會降低價格。但是，來自CryptoQuant的數據顯示，BTC目前與標準普爾500指數有80％的相關性。

This suggests that any movement in traditional markets could heavily influence Bitcoin’s next move, with macro factors like interest rate expectations and stock market trends being closely followed. While some analysts believe BTC could stabilize around current levels, others warn the ongoing downtrend could continue.

這表明，傳統市場中的任何運動都可能嚴重影響比特幣的下一步行動，宏觀因素諸如利率預期和股票市場趨勢都受到了遵循。儘管一些分析人士認為BTC可以在當前水平上穩定下來，但其他分析人士警告說，正在進行的下降趨勢可能會繼續下去。

Bitcoin could move into lower demand zones if bulls fail to regain control, and the next few days will be critical. Bitcoin’s ability to hold key levels or break lower could define its short-term and long-term trajectory in this volatile market environment.

如果公牛無法恢復控制權，比特幣可能會進入較低的需求區域，接下來的幾天將是至關重要的。比特幣保持關鍵水平或下降的能力可以定義其在這個動蕩的市場環境中的短期和長期軌跡。

Bitcoin Faces Further Risks

比特幣面臨進一步的風險

Bitcoin is massively down as fear now sets in across the market amid rising risks of further declines. The situation isn’t pretty, especially with the U.S. stock market also struggling to confirm an uptrend amid growing economic uncertainty.

由於恐懼的進一步下降風險增加，比特幣的局勢大大減少。這種情況並不是很美，尤其是在美國股票市場也在努力確認經濟不確定性的增長趨勢。

Over the past few weeks, volatility and uncertainty have increased, especially as Trump’s policies come into play, impacting both traditional and digital asset markets. Now, top analyst Axel Adler shares an analysis on X, revealing the S&P 500 is likely to pull back another 5%.

在過去的幾周中，波動性和不確定性增加了，尤其是當特朗普的政策發揮作用時，影響了傳統和數字資產市場。現在，頂級分析師阿克塞爾·阿德勒（Axel Adler）在X上分析了分析，表明標準普爾500指數可能會再降低5％。

This is according to the macro reports he read, and it’s crucial because Bitcoin currently has an 80% correlation with the index. Any further downside in traditional markets could directly impact BTC’s price action.

根據他閱讀的宏觀報導，這是至關重要的，因為比特幣目前與指數有80％的相關性。傳統市場中的任何進一步缺點都可能直接影響BTC的價格行動。

If Adler’s prediction is accurate, then Bitcoin is likely to continue its price drops, potentially moving into lower demand levels as the macro trends aren’t favorable for a swift recovery.

如果Adler的預測準確，那麼比特幣可能會繼續下跌，可能會進入較低的需求水平，因為宏觀趨勢不利於快速恢復。

The next few weeks will be crucial as Bitcoin struggles to find strong support. With macro uncertainty rising and investors remaining fearful, BTC must hold above key demand zones to avoid an extended bearish phase.

接下來的幾週將至關重要，因為比特幣努力尋找強有力的支持。隨著宏觀不確定性的上升，投資者仍然令人恐懼，BTC必須超過關鍵需求區域，以避免持續的看跌階段。

If stocks recover, then BTC could follow, but if the S&P 500 pulls back further, then BTC could see even more downside before finding stability.

如果庫存恢復，則可以跟隨BTC，但是如果標準普爾500指數進一步向後拉，那麼BTC可能會在找到穩定性之前看到更多的缺點。