比特幣（BTC）礦工正面臨著熱量

投入：由於運營成本上升，網絡難度的增加以及一般的經濟壓力，比特幣礦工目前正面臨著熱量，創造了困難的環境。

Bitcoin miners are currently facing the heat as rising operational costs, increasing network difficulty, and general economic strain have created a difficult environment. Recently, Bitcoin’s mining difficulty increased by 1.4%, but the mining hashprice (revenue per petahash per second – PH/s) has continued to hover around $48. This is creating financial distress for older mining rigs like the Antminer S19 XP and S19 Pro, and many of these machines may soon be unprofitable as a consequence. Furthermore, low transaction fees and rising energy prices are making managing the conditions for miners all the more complicated, syndicating the decision for many miners to remain shut down until conditions improve or they can upgrade machines.

比特幣礦工目前正面臨著暖氣，因為運營成本上升，網絡難度增加，一般的經濟壓力已經創造了困難的環境。最近，比特幣的採礦難度增加了1.4％，但採礦效果（每秒ph/s的收入）繼續徘徊在48美元左右。這是為Antminer S19 XP和S19 Pro等較老的採礦鑽機造成的財務困擾，因此，許多機器可能很快可能是無利可圖的。此外，低交易費用和上漲的能源價格正在使礦工的條件更加複雜，從而使許多礦工保持關閉的決定，直到條件改善或可以升級機器。

A Rough Start to 2025 for Bitcoin Miners

比特幣礦工的2025年開始

Since the halving of Bitcoin in April 2024 to a block reward of 3.125 BTC, the viability of blockchain mining companies has been tenuous. Publicly traded mining companies suffered a 22% share price decline in February 2025, according to JPMorgan. Even miners that pivoted to artificial intelligence or high-performance computing in an effort to diversify face pressure, as cheap open-source AI models take market share.

自2024年4月將比特幣減少到3.125 BTC的區塊獎勵以來，區塊鏈礦業公司的生存能力一直很脆弱。根據摩根大通（JPMorgan）的數據，公開交易的礦業公司在2025年2月的股價下跌22％。即使是涉及人工智能或高性能計算的礦工，以使面部壓力多樣化，因為廉價的開源AI型號會佔據市場份額。

How This Could Impact Bitcoin’s Price

這如何影響比特幣的價格

The mining industry’s struggles could have a negative impact on Bitcoin’s price both in the short term and long run. As miners begin shutting down unprofitable machines, there may be increased selling pressure in the short term as they liquidate Bitcoin in order to cover losses, leading to volatility in the price. In the long term, a decreasing amount of active miners will slow down BTC supply growth, which may be bullish. Given all of this, technical analysis can shed the most light on where Bitcoin likely go next. We will take a look at the key support and resistance levels to get a better understanding of where BTC may be headed next.

在短期和長期內，採礦業的鬥爭可能會對比特幣的價格產生負面影響。隨著礦工開始關閉無利可圖的機器，在清算比特幣以彌補損失的情況下，短期內可能會增加銷售壓力，從而導致價格波動。從長遠來看，活躍礦工的數量減少將減緩BTC供應增長，這可能是看好的。鑑於所有這些，技術分析可以最大程度地了解比特幣接下來的去向。我們將查看關鍵支持和阻力水平，以更好地了解接下來的BTC可能會前進。

Price Analysis and BTC Price Prediction

價格分析和BTC價格預測

The trading session on March 23 began within a tight trading range, with Bitcoin edging its way higher while also showing limited volatility. Initially, the indicators MACD and RSI offered little directional insight. However, at around 10:30 UTC, the emergence of a golden cross indicated that a bullish breakout was underway, resulting in a swift price increase that pushed BTC out of its range. Currently, the current key support and resistance level stands at $84635 and $86175 respectively.

3月23日的交易會議開始在一個緊密的交易範圍內，比特幣越來越高，同時也顯示出有限的波動性。最初，MACD和RSI指標幾乎沒有方向性的見解。但是，在UTC的10:30左右，黃金十字架的出現表明正在進行看漲的突破，導致價格迅速上漲，使BTC脫離了其範圍。目前，當前的主要支持和阻力水平分別為84635美元和86175美元。

Chart 1, Analyzed by Alokravantmedia published on March 24, 2025.

圖1，由Alokravantmedia分析，於2025年3月24日出版。

As Bitcoin moved up into a new trading range with solid bullish momentum, buyers’ eyes at the new resistance level, while sellers made attempts to push back in critical spots like 11:50 UTC and 17:25 UTC, aligning with a death cross and RSI overbought conditions. However, the bullish momentum prevailed, guiding Bitcoin into an uptrend channel. As the new trading day approached on March 24, continued buying pressure resulted in another attempt to break out.

隨著比特幣以堅實的看漲勢頭的發展進入新的交易範圍，買家對新的阻力水平的目光，而賣家則試圖在11:50 UTC和17:25 UTC等關鍵位置推遲，與死亡十字架和RSI過失條件保持一致。但是，看漲的勢頭佔了上風，將比特幣引導到上升頻道。隨著3月24日的新交易日臨近，持續購買壓力導致了另一種爆發的嘗試。

Data indicated attempts of increased selling pressure of initial resistance followed by a brief correction directed by RSI overbought conditions together with another death cross at 00:50 UTC. Again, the buyers prevailed in sustaining momentum, allowing the market to break out and develop a bullish history.

數據表明，嘗試增加了最初電阻的銷售壓力，然後在00:50 UTC的另一個死亡十字架上進行了簡短的校正。同樣，買家在維持勢頭方面佔了上風，使市場可以爆發並發展看漲的歷史。

Bitcoin’s Path Forward: Short-Term Volatility or Long-Term Growth?

比特幣的前進道路：短期波動還是長期增長？

Bitcoin miners are currently facing a difficult environment – rising costs of operation and increasing network difficulty are only a couple of factors increasing pressure on their profitability. As a result, the sector is experiencing a paradigm shift where unprofitable miners may need to sell their holdings, thus creating some fluctuations in the market. Nevertheless, declining mining operations could restrict the long-term BTC supply growth and create a possibility for a bullish reversal.

比特幣礦工目前正面臨艱難的環境 - 運營成本的上升和網絡難度增加只是一些因素增加了其盈利能力的壓力。結果，該行業正在經歷範式轉變，在這種情況下，無利可圖的礦工可能需要出售其持股，從而在市場上產生了一些波動。然而，採礦業務的下降可能限制了長期的BTC供應增長，並為看漲的逆轉帶來了可能性。

From a technical standpoint, Bitcoin exhibited a strong bullish sentiment by breaking out of its previous trading range and preserving its bullish stance despite brief corrections. Moreover, the significant buying pressure at critical resistance levels indicates that BTC may very well continue its ascent. The BTC price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.

從技術的角度來看，比特幣通過突破了以前的交易範圍並保留了看漲的立場，表現出強烈的看漲情緒。此外，關鍵阻力水平的重大購買壓力表明，BTC很可能會繼續上升。 BTC價格預測表明，交易者應監視MACD和RSI等信號的確認，以確定隨後的行動過程。