比特幣（BTC）市值見證了波動率的激增

在周一的崩潰中，加密貨幣市場見證了比特幣的長期拒絕所證明的波動率激增。

The cryptocurrency market experienced a surge in volatility on Monday, evidenced by the long-wick rejection in Bitcoin. The market uncertainty can be attributed to the global market downturn and ongoing tariff war.

週一的加密貨幣市場在周一的波動率激增，這證明了比特幣中的長期拒絕。市場不確定性可以歸因於全球市場的低迷和持續的關稅戰爭。

However, the latest on-chain data shows a chunk of the BTC circulating supply has turned into losses, signaling a potential pivot zone for this asset.

但是，最新的鏈上數據顯示，BTC循環供應的一部分已變成損失，這表明該資產的潛在樞軸區域。

On-Chain Data Reveals Over 5.1M BTC in Loss—Echoes of 2024

鏈上數據揭示了超過510萬BTC的損失 - 2024年的迴聲

On April 7th, the Bitcoin price experienced a significant intraday sell-off, which plunged the asset to a 5-month low of $74,345. The bearish momentum escalated as nations like China and the European Commission imposed retaliatory tariffs on a range of U.S. goods.

4月7日，比特幣價格經歷了大量的盤中拋售，該資產將資產跌至5個月低點74,345美元。隨著中國和歐洲委員會等國家對一系列美國商品的報復性關稅，看漲的勢頭升級。

Amid this downturn, approximately 5,124,348 BTC, or 25.8% of the circulating supply, has entered a state of unrealized loss, According to CryptoQuant analysis, the BTC investor witnessed a similar instance in 2024, while a significant portion of the supply was underwater.

在這種低迷的情況下，大約5,124,348 BTC（佔循環供應量的25.8％）已經進入了未實現的損失狀態，根據隱式分析，BTC投資者在2024年見證了類似的實例，而供應的很大一部分是在下面的。

On January 22, around 24.1% of the supply—or 4.72 million BTC—was in the red. July 6 saw 22.4% (5.13M BTC), followed by a sharper rise on August 5 with 27.5% (5.43M BTC), and September 6 marked the peak, with 29.9% (5.90M BTC) of the supply in the loss.

1月22日，大約24.1％的供應量（或472萬BTC）是紅色的。 7月6日的22.4％（513萬BTC）隨後在8月5日的增長幅度為27.5％（543萬BTC），9月6日標記為峰值，損失的供應量為29.9％（590萬BTC）。

Interestingly, these low levels have coincided with a market cooldown and accumulation phase rather than a bearish downturn. If history repeats, the Bitcoin price could seek support near the ongoing trading value before a bullish turnaround.

有趣的是，這些低水平與市場冷卻和積累階段相吻合，而不是看跌的低迷。如果歷史重複，比特幣價格可能會在看漲的周轉前的持續交易價值附近尋求支持。

Bitcoin Price Eyes $100,000 Amid Channel Pattern Formation

比特幣價格眼睛$ 100,000在頻道模式形成中

Despite the intraday sell-off, the Bitcoin price showed notable resilience and bounced back to $79,800. The renewed buying pressure followed a slight relief rally in market sentiment as around 70 countries have reached out to President Trump to negotiate new trade deals.

儘管有盤中拋售，但比特幣的價格表現出顯著的彈性，並彈回79,800美元。由於大約有70個國家與特朗普總統談判新的貿易協議，因此重新購買壓力在市場情緒中略有緩解。

If the bullish reversal gains momentum, the BTC price could gain 4.6% to challenge the resistance trendline falling wedge pattern. Since January 2025, the pattern’s two downtrend lines have guided the price with dynamic resistance as support, creating a crucial pivot floor for investors.

如果看漲逆轉的勢頭，BTC的價格可能會上漲4.6％，以挑戰阻力趨勢趨勢下降的楔形模式。自2025年1月以來，該模式的兩條下降線以動態阻力作為支持指導價格，從而為投資者創造了關鍵的樞軸地板。

Thus, a potential breakout will signal a change in market dynamics and an accelerated market buying pressure for $100,000.

因此，潛在的突破將表明市場動態的變化，並以100,000美元的價格加速市場購買壓力。

On the contrary, if sellers continue to defend the overhead trendline, the coin price will prolong the current downtrend.

相反，如果賣方繼續捍衛高架趨勢線，則硬幣價格將延長當前的下降趨勢。