比特幣 (BTC) 價格預測：繪製通往 100,000 美元的路徑

比特幣從 92,600 美元反彈並鎖定 93,625 美元作為關鍵支撐位後，目前交易價格接近 95,000 美元。

Bitcoin price analysis: BTC faces challenges in sustaining momentum

比特幣價格分析：BTC在維持勢頭方面面臨挑戰

Bitcoin price action has been turbulent, with the leading cryptocurrency declining from its all-time high of $108,384 to a recent low of $91,350. This significant drawdown is largely attributed to a key investor cohort stepping back, reducing short-term demand and creating bearish pressure.

比特幣的價格走勢一直動盪，領先的加密貨幣從 108,384 美元的歷史高點下跌至 91,350 美元的近期低點。這一大幅下跌很大程度上歸因於主要投資者群體的退出，減少了短期需求並造成了看跌壓力。

Bitcoin investors are pulling back

比特幣投資者正在撤退

The Realized Cap by Age metric reveals a concerning trend in Bitcoin’s demand. Short-term demand, represented by the capital received in the last seven days, has plummeted by 66% over the past month. Currently, this hot capital is valued at $32 billion, highlighting a steep reduction in short-term inflows into the market.

按年齡劃分的已實現上限指標揭示了比特幣需求的令人擔憂的趨勢。以過去 7 天收到的資金為代表的短期需求在過去一個月暴跌了 66%。目前，這筆熱門資金的估值為 320 億美元，突顯流入市場的短期資金急劇減少。

This drop is critical, as it highlights diminishing confidence among short-term participants, often a driving force in Bitcoin’s momentum. The lack of new capital inflows from these investors reflects growing skepticism and contributes to Bitcoin’s struggle to maintain support above key levels.

這次下跌至關重要，因為它凸顯了短期參與者信心的減弱，而短期參與者通常是比特幣勢頭的驅動力。這些投資者缺乏新的資本流入，反映出人們越來越懷疑，並導致比特幣難以將支撐維持在關鍵水平之上。

Bitcoin’s macro momentum further supports the bearish outlook, with exchange volume momentum nearing a critical bearish crossover. The 30-day moving average is on the verge of slipping below the 365-day moving average, signaling sustained weakness in capital inflows.

比特幣的宏觀勢頭進一步支撐了看跌前景，交易量勢頭接近關鍵的看跌交叉點。 30日移動均線即將跌破365日移動均線，顯示資本流入持續疲軟。

Short-term holders, known for their aggressive buying and selling patterns, are now pulling back. Their reduced activity mirrors the current slowdown in demand and adds to concerns about Bitcoin’s ability to recover in the short term. This group’s cautious approach could hinder Bitcoin’s path to reclaiming higher price levels.

以激進的買賣模式而聞名的短期持有者現在正在撤資。他們的活動減少反映了當前需求的放緩，並加劇了人們對比特幣短期復甦能力的擔憂。該組織的謹慎態度可能會阻礙比特幣恢復更高價格水平的道路。

BTC price prediction: Charting a path to $100,000

BTC 價格預測：繪製通往 10 萬美元的路徑

Bitcoin is currently trading near $95,000 after recovering from $92,600 and securing $93,625 as a key support level. However, the cryptocurrency faces challenges in sustaining this momentum amid declining short-term demand and bearish macro indicators.

比特幣從 92,600 美元反彈並鎖定 93,625 美元作為關鍵支撐位後，目前交易價格接近 95,000 美元。然而，在短期需求下降和宏觀指標看跌的情況下，加密貨幣面臨維持這一勢頭的挑戰。

If these factors persist, Bitcoin could lose the $93,625 support again, leading to a potential drop to $89,800. Such a decline would further deepen the drawdown, testing the resolve of long-term holders.

如果這些因素持續存在，比特幣可能會再次失去 93,625 美元的支撐，導致可能跌至 89,800 美元。這樣的下跌將進一步加深回撤，考驗長期持有者的決心。

On the other hand, Bitcoin’s immediate goal is to breach the $95,668 resistance level. Turning this resistance into support could provide the boost necessary for Bitcoin to reclaim $100,000. Achieving this milestone would invalidate the current bearish outlook and reignite optimism among investors.

另一方面，比特幣的近期目標是突破 95,668 美元的阻力位。將這種阻力轉化為支撐可能會為比特幣重回 10 萬美元提供必要的推動力。實現這一里程碑將使當前的悲觀前景失效，並重新點燃投資者的樂觀情緒。