Bitcoin (BTC) Nears the End of Consolidation Phase, Poised for Breakout; Gold Gains Favor as BTC Struggles to Maintain Momentum

比特幣目前正在經歷合併階段，其交易量低於其歷史最高（ATH）109,000美元。市場仍然波動，不確定性和投機性影響價格變動。

Bitcoin (CRYPTO: BTC) is currently trading in a consolidation phase, with prices hovering below its all-time high (ATH) of $109,000. The market continues to experience volatility, with uncertainty and speculation influencing price movements. However, on-chain data suggests that this consolidation phase may be nearing its end, signaling a potential breakout in the near future.

比特幣（Crypto：BTC）目前正在合併階段進行交易，價格徘徊在其歷史最高（ATH）的109,000美元以下。市場繼續經歷波動，不確定性和投機性影響價格變動。但是，鏈上的數據表明，這個合併階段可能正在接近末端，這表明在不久的將來可能會突破。

At present, Bitcoin is trading at around $97,249, showing a slight decrease of 0.74% from the previous close. The intraday high reached $99,004, while the lowest point was recorded at $96,148. Despite this minor dip, overall market sentiment appears to be optimistic.

目前，比特幣的交易價格約為97,249美元，顯示出比以前的收盤價略有下降0.74％。盤中高點達到99,004美元，最低點的記錄為96,148美元。 Despite this minor dip, overall market sentiment appears to be optimistic.

One key indicator that supports a bullish outlook is the Net Realized Profit/Loss (NRPL), which is approaching zero. According to historical trends, when NRPL nears or drops below this level, it usually marks the end of consolidation phases and the beginning of upward momentum. This suggests that Bitcoin may be poised for a strong price surge in the upcoming period.

支持看漲前景的一個關鍵指標是淨實現的盈利/損失（NRPL），該指標即將接近零。根據歷史趨勢，當NRPL接近或降至此水平以下時，它通常標誌著鞏固階段的終結和向上勢頭的開始。這表明比特幣在接下來的時期可能會有所穩定的價格上漲。

Analysts remain confident in Bitcoin’s future trajectory, with many predicting that the cryptocurrency could surpass $200,000 by 2025. Several factors contribute to this positive forecast, including increased institutional adoption, the launch of Bitcoin exchange-traded funds (ETFs), and favorable regulatory changes.

分析師對比特幣的未來軌跡充滿信心，許多人預測，到2025年，加密貨幣可能會超過200,000美元。幾個因素有助於這一積極的預測，包括增加的機構採用，比特幣交易所交易所交易基金（ETF）的推出以及有利的法規變化。

On the other hand, gold has been gaining favor among investors as Bitcoin struggles to maintain its previous momentum. The precious metal has seen increased demand due to economic uncertainties and inflation concerns. Investors are turning to gold as a safe-haven asset while Bitcoin’s volatility raises concerns.

另一方面，隨著比特幣努力維持以前的勢頭，黃金在投資者中受到青睞。由於經濟不確定性和通貨膨脹的關注，貴金屬的需求增加了。投資者正在將黃金作為避風付用的資產轉向，而比特幣的波動引起了人們的關注。

In the short term, Bitcoin’s ability to maintain support above critical levels will be crucial. A key support zone to watch is $98,000. If Bitcoin holds above this level, it could gather momentum for a breakout past the $100,000 mark, potentially reaching new all-time highs. However, if the price fails to hold this level, Bitcoin could face further declines, testing lower demand zones.

在短期內，比特幣保持支持高於臨界水平的能力至關重要。觀看的關鍵支持區為$ 98,000。如果比特幣保持在此水平上，它可能會收集到超過100,000美元的突破性的動力，並有可能達到新的歷史最高點。但是，如果價格無法保持這一水平，比特幣可能會面臨進一步的下降，從而測試需求區域。

While price fluctuations are common in the crypto market, underlying data and expert analysis suggest that Bitcoin remains in a strong position for future growth. As investors and institutions continue to embrace cryptocurrency, the long-term outlook remains highly optimistic.

儘管價格波動在加密市場中很普遍，但潛在的數據和專家分析表明，比特幣仍處於未來增長方面的強大地位。隨著投資者和機構繼續接受加密貨幣，長期前景仍然非常樂觀。