比特幣（BTC）的價格行動削弱了，因為人們對熊市的擔憂增長

比特幣繼續以低於關鍵的阻力水平進行交易，因為對整個加密貨幣領域的迫在眉睫的熊市的擔憂增長。

In a market largely defined by fear, macroeconomic uncertainty, and a thinly veiled pessimism, investors are growing increasingly skittish. This is especially true in the crypto sphere, where optimism has dwindled with the U.S. equities markets also now entering a synchronized period of selling.

在一個主要由恐懼，宏觀經濟不確定性和薄薄的悲觀的市場中，投資者越來越大。在加密領域尤其如此，在這種情況下，隨著美國股票市場的樂觀情緒現在也進入了同步的銷售時期。

Together, these two market segments are used by many to gauge broader investor confidence—and right now, it’s clear that both retail and institutional participants are becoming increasingly wary.

許多人一起使用這兩個市場細分來衡量更廣泛的投資者信心 - 現在，很明顯，零售和機構參與者都在越來越警惕。

Now, as the market anxiously anticipates Bitcoin’s next move amid a crucial technical zone, the mood is one of anticipation and trepidation in equal measure.

現在，由於市場急切地期待比特幣在關鍵的技術區域中的下一步行動，因此情緒在同等程度上是一種預期和恐懼之一。

Key Takeaways

關鍵要點

Rising macroeconomic uncertainty and escalating global trade war tensions are pushing investors toward a risk-off mentality, favoring safer assets.

宏觀經濟不確定性的上升和全球貿易戰緊張局勢不斷升級，這使投資者朝著風險思想發展，有利於更安全的資產。

This shift in investor preference is also evident in the U.S. equities markets, which are now entering a phase of slower growth and heightened volatility.

在美國股票市場中，投資者偏好的這種轉變也很明顯，現在，該市場正在進入增長速度較慢和波動性的階段。

Arkham Intelligence reports that a dormant Bitcoin whale, who had been holding BTC since late 2016, moved over $250 million.

阿卡姆情報公司（Arkham Intelligence）報告說，自2016年底以來一直持有BTC的休眠鯨鯨股市超過2.5億美元。

The whale, originally investing $3 million in 2016, saw his coins appreciate to over $250 million by 2024. The coins were part of a single on-chain address and had remained largely untouched for eight years.

這艘鯨魚最初在2016年投資300萬美元，到2024年，他的硬幣欣賞超過2.5億美元。硬幣是一個鍊子上的單個鏈台地址的一部分，並且在八年中一直保持不變。

The timing of the whale’s move, amid broader market pessimism and rumors of a looming bear market, has sparked speculation about potential selling pressure.

鯨魚舉動的時機，在更廣泛的市場悲觀和迫在眉睫的熊市的謠言中，引發了人們對潛在銷售壓力的猜測。

However, on-chain analysts are yet to confirm whether the funds were sent to an exchange, which would be a strong indicator of planned selling activity.

但是，鍊鍊分析師尚未確認是否將資金發送到交易所，這將是計劃銷售活動的有力指標。

Bitcoin Sentiment Remains Weak As Whale Sparks Fresh Market Concerns

比特幣情緒仍然很虛弱，因為鯨魚會引起新的市場關注

Bitcoin is struggling to gain any ground with analysts and investors who believe the bull market will continue in 2025. After hitting an all-time high earlier this year, BTC has lost significant momentum, and the current price action reflects growing pessimism about the sustainability of further gains.

比特幣正在努力與分析師和投資者獲得任何基礎，這些分析師和投資者認為牛市將在2025年持續。在今年早些時候達到歷史最高水平之後，BTC失去了巨大的勢頭，當前的價格行動反映了對進一步增長的可持續性的越來越多的悲觀情緒。

Many key indicators and the broader market sentiment now lean toward the possibility of a bear market forming, especially as global economic turmoil and inflation fears continue to dampen investor morale.

現在，許多關鍵指標和更廣泛的市場情緒都傾向於形成熊市的可能性，尤其是隨著全球經濟動盪和通貨膨脹的恐懼繼續抑制投資者的士氣。

The uncertainty in the market isn’t limited to crypto. The U.S. equities markets have also begun to slow down as fears of a potential recession grow. Together, this has pushed investors into a risk-off mentality, redirecting capital into safer assets.

市場的不確定性不僅限於加密貨幣。隨著對潛在衰退的擔憂增長，美國股票市場也開始放緩。這共同使投資者陷入了冒險的心態，將資本重定向到更安全的資產中。

But in a move that has sparked widespread attention and speculation, on-chain analytics firm Arkham Intelligence has reported that a long-dormant Bitcoin whale just moved a large sum of BTC.

但是，鏈接分析公司阿卡姆情報公司（Arkham Intelligence）的舉動引起了人們廣泛的關注和猜測，報告說，長期的長期比特幣鯨剛剛移動了大量的BTC。

According to Arkham, the whale originally accumulated the coins in late 2016, turning a $3 million investment into over $250 million across an eight-year period. The coins were part of a single on-chain address and had remained largely untouched until now.

根據阿卡姆（Arkham）的說法，鯨魚最初在2016年底積累了硬幣，在八年的時間內將300萬美元的投資變成了2.5億美元。硬幣是一個鍊鍊地址的一部分，到目前為止一直保持不變。

This sudden activity from the whale has sparked speculation, especially as the market is closely watching for any signs of liquidity.

鯨魚突然的活動引發了人們的猜測，尤其是當市場密切關注任何流動性跡象時。

With rising macroeconomic uncertainty and several key technical levels now in play, the crypto market is preparing for heightened volatility in the second quarter of 2024.

隨著宏觀經濟不確定性的上升和現在的幾個關鍵技術水平，加密貨幣市場正在為2024年第二季度的波動增強做準備。

Bitcoin struggles to break above key resistance

比特幣難以超越關鍵阻力

Bitcoin is currently trading at $84,200 after days of consolidation, struggling to break back above the 200-day moving average (MA) and exponential moving average (EMA), both sitting at the critical $85,000 level.

經過幾天的合併，比特幣目前的交易價格為84,200美元，努力折騰超過200天的移動平均線（MA）和指數移動平均線（EMA），均為85,000美元的關鍵水平。

This zone has become a decisive battleground for bulls and bears, with BTC needing to break above it to signal any serious momentum shift. Reclaiming this level would set the stage for a test of the $88K level, which many analysts view as the last major resistance before a push above $90K.

該區域已成為公牛和熊的決定性戰場，而BTC需要在其上方打破，以表明任何嚴重的勢頭轉移。收回此水平將為測試$ 88K的水平奠定基礎，許多分析師將其視為超過$ 90K的最後一個主要阻力。

A clean breakout above $88K could mark the beginning of a recovery rally, potentially restoring bullish sentiment across the market. However, the current rejection at these technical levels raises concerns.

超過$ 88K的干淨分手可以標誌著恢復集會的開始，有可能恢復市場上的看漲情緒。但是，目前在這些技術層面上的拒絕引起了人們的關注。

If bulls fail to push above $90K in the coming sessions, BTC may continue to be contained in this tight range or even face a deeper correction.

如果公牛在即將到來的會議上未能推高90,000美元，則BTC可能會繼續包含在這個緊張的範圍內，甚至面臨更深層的校正。

Market volatility, macroeconomic uncertainty, and cautious investor sentiment continue to exert pressure on price action. As the 200-day MA and EMA pose dynamic resistance, the next few days will be pivotal.

市場波動，宏觀經濟的不確定性和謹慎的投資者情緒繼續對價格行動施加壓力。作為200天的MA和EMA構成動態阻力，接下來的幾天將是關鍵的。

Bitcoin must reclaim these levels to confirm strength—or risk slipping into a longer phase of weakness and potential downside pressure.

比特幣必須恢復這些水平以確認強度，或者冒險進入較長的弱點和潛在下行壓力的階段。