比特幣（BTC）的價格動作隨著波動的提高而開始

比特幣的價格行動已經開始，隨著市場參與者的振奮精力進行關鍵支持測試，比特幣的價格提高了。

Bitcoin (BTC) price action kicked off the week with heightened volatility as market participants kept an eye on key support tests.

比特幣（BTC）的價格動作在本週開始，隨著市場參與者一直關注關鍵支持測試，因此發動了一周。

As Arthur Hayes, co-founder of BitMEX, pointed out, $78,000 appeared to be a critical level for the cryptocurrency. If this support fails, then $75,000 could be next in the crosshairs.

正如Bitmex的聯合創始人亞瑟·海斯（Arthur Hayes）指出的那樣，78,000美元似乎是加密貨幣的關鍵水平。如果此支持失敗，那麼十字準線中的下一個$ 75,000。

An ugly start to the week. Looks like BTC will retest $78k. If it fails, $75k is next in the crosshairs. There are a lot of options OI struck $70-$75k, if we get into that range it will be violent.

一周的醜陋開始。看來BTC將重新估價$ 78K。如果失敗了，十字準線中下一個$ 75K。 $ 70- $ 75K有很多選擇，如果我們進入該範圍，那將是暴力的。

Of course, this is assuming the price doesn’t rally from here and begins testing the lower levels of support.

當然，這是假設價格不是從這裡開始的，並開始測試較低的支持級別。

The potential for a breakdown into the $70,000-$75,000 open interest (OI) ranges in options contracts could also generate some quick price oscillations.

將$ 70,000- $ 75,000的開放利息（OI）範圍分解為期權合約範圍的潛力也可能會產生一些快速的價格振盪。

The market chatter denotes that BTC failed to hold onto its latest peaks. Having touched on the fringes of record levels, the cryptocurrency is now showing signs of wear as it threatens to drop into a deeper correction.

市場聊天表示BTC未能堅持其最新的高峰。在涉及創紀錄水平的邊緣之後，加密貨幣現在顯示出磨損的跡象，因為它可能會陷入更深的校正。

The crucial question remains: will BTC manage to stay above the recognized support levels? If so, then the market might continue on a bullish trajectory. However, if the cryptocurrency slides below these support levels, it could spell doom for the bull market and set the stage for a more prolonged correction.

關鍵的問題仍然存在：BTC是否會設法保持高於公認的支持水平？如果是這樣，那麼市場可能會繼續前進。但是，如果加密貨幣滑動以下這些支持水平，它可能會為牛市的厄運拼寫，並為更長時間的校正奠定了基礎。

Market Uncertainty Grows As Bitcoin Approaches $77K Test

隨著比特幣接近$ 77K測試，市場不確定性會增長

A closer look at the technical levels reveals that Bitcoin is retesting the 1W50EMA, a very important historical moving average that acts as a border between the bull market and the bear market. Bitcoin can maintain its bullish stance if it holds above it. Multiple retests with no bounce, however, might indicate a bigger correction.

仔細觀察技術水平表明，比特幣正在重新測試1W50EMA，這是一個非常重要的歷史移動平均線，充當牛市和熊市之間的邊界。如果比特幣在其上方保持其看漲立場。但是，沒有反彈的多次重新測試可能表明更大的校正。

At the same time, Bitcoin dominance is also increasing, moving towards 63%-64%, which in turn applies pressure on the altcoin market. As we know, when Bitcoin becomes more dominant, it usually bodes poorly for other coins. This is also happening now, with the altcoins dumping while Bitcoin is seen consolidating.

同時，比特幣的優勢也在增加，朝著63％-64％的趨勢轉向，這反過來又向山寨幣市場施加了壓力。眾所周知，當比特幣變得更加主導時，通常對於其他硬幣而言，它的體現很差。現在也正在發生這種情況，而altcoins傾倒了，而比特幣則鞏固。

As such, participants are divided over whether the current movement in Bitcoin signals the beginning of a bear phase. While some note that structural support still remains, others believe that a slow drip followed by a rapid capitulation could potentially lead BTC to the bottom levels.

因此，參與者在比特幣中的當前運動是否信號是熊階段的開始。雖然有些人注意到仍然存在結構支持，但其他人則認為緩慢的滴落，然後快速投降可能會導致BTC達到底層。

The price action at $77,000 in the future will be a turning point in determining the direction of the market.

未來77,000美元的價格行動將是確定市場方向的轉折點。

Potential Fakeout Before A Retest

重新測試之前潛在的假貨

The liquidity environment provides us with more information about the short-term direction of Bitcoin. The liquidation levels in the order book at $77,000 suggest that a significant reaction out of this area will decide the next direction. The liquidity clusters in the order book at $82,000 and $80,000 suggest that there is still a bit of room for movement higher before any significant downside movement takes hold.

流動性環境為我們提供了有關比特幣短期方向的更多信息。訂單簿中的清算水平為77,000美元，表明該地區的重大反應將決定下一個方向。訂單簿中的流動性集群為$ 82,000和80,000美元，這表明在任何重大下行移動都能支配之前，仍有一些移動空間。

One of the scenarios that the traders are exploring is a gradual increase followed by a false breakout before Bitcoin retests the lower levels. The pattern that we have experienced in the past cycles can lead to a sharp retest at $77,000 before a bounce.

交易者正在探索的情況之一是逐漸增加，然後在比特幣重新測試較低水平之前進行虛假突破。我們過去週期所經歷的模式可能會導致猛烈的重新測試，以彈跳前77,000美元。

If Bitcoin can manage to hold onto this level of support, it can confirm the bullish thesis and set the stage for the next leg higher.

如果比特幣能夠保留這一水平的支持，它可以確認看漲論文並為下一個腿較高的舞台奠定基礎。

If not, however, then more downside towards $75,000 and potentially higher becomes increasingly likely.

但是，如果沒有，那麼$ 75,000的缺點和更高的可能性越來越大。