比特幣（BTC）的價格下跌低於$ 85K，市場努力保持超過關鍵需求水平

隨著整個市場努力保持超過關鍵需求水平，比特幣的交易價格低於$ 85K。最近的拋售引發了恐慌銷售和對BTC未來的猜測

Bitcoin (BTC) is trading below the $85K mark as the entire market struggles to hold above key demand levels amid ongoing sell-off pressure. The recent sell-off has triggered panic selling and increased speculation about the future of BTC, with many investors fearing that a prolonged bear market could be on the horizon.

由於持續的售罄壓力，比特幣（BTC）的交易低於85,000美元的商標，因此整個市場都在努力保持高於關鍵需求水平。最近的拋售引發了人們對BTC未來的恐慌銷售，並增加了人們的猜測，許多投資者擔心長時間的熊市可能會出現。

As reported by CryptoData, the rapid price drop has shaken confidence, and sentiment remains deeply bearish across the crypto industry. However, some analysts believe that the worst of the sell-off might be over, and a recovery could be in sight if buyers manage to defend current support zones.

正如Cryptodata報導的那樣，快速價格下跌激動了信心，在加密貨幣行業中，情緒仍然深深地看跌。但是，一些分析人士認為，拋售最糟糕的情況可能已經結束，如果買家設法捍衛當前的支持區，則可能會恢復。

Coinbase Premium Now Negative As Large ETF Outflows Continue

隨著大型ETF流出繼續

Key data from Coinglass reveals that BTC’s Coinbase Premium has retreated into the negative territory recently. This indicates a surge in spot selling over the past few days, aligning with the large ETF outflows and overall bearish price action.

來自Coinglass的關鍵數據表明，BTC的Coinbase Premium最近已退回到負區域。這表明過去幾天的現場銷售激增，與大型ETF流出和整體看跌價格行動保持一致。

Coinbase Premium is the price differential between Coinbase and other major spot exchanges, usually used to gauge U.S. investor activity. When the premium turns negative, it suggests that U.S. investors are offloading BTC at a discount compared to global exchanges, indicating a lack of confidence in the token.

Coinbase Premium是Coinbase和其他主要現貨交易所之間的價格差異，通常用來評估美國投資者的活動。當溢價變為負面時，這表明美國投資者與全球交易所相比以折扣價卸載BTC，這表明對代幣缺乏信心。

Conversely, when the premium is positive, it signifies strong demand from U.S. traders, which could propel the price higher. For Bitcoin to recover, the premium must turn positive again, signaling renewed spot demand.

相反，當溢價為正時，它表示美國貿易商的強勁需求，這可能會推動價格上漲。為了使比特幣恢復，保費必須再次變為正，這表明了重新點需求。

Until then, the market remains fragile, with analysts closely watching whether BTC can reclaim key resistance levels or if further downside is imminent. The coming days will be crucial in determining Bitcoin’s next move as investors await signs of stability amid growing uncertainty.

在此之前，市場仍然脆弱，分析師密切關注BTC是否可以恢復關鍵阻力水平，或者是否進一步降低了下降。隨著投資者在不確定性越來越大的不確定性和穩定跡象時，未來幾天對於確定比特幣的下一步行動至關重要。

Bitcoin Is Still Struggling

比特幣仍在掙扎

Bitcoin is currently trading around the $85K mark as the broader crypto market, particularly altcoins and meme coins, continues to face extreme selling pressure. BTC has lost critical weekly support around the $90K level, and volatility remains a key factor in short-term price action.

比特幣目前正在交易$ 85,000，因為更廣泛的加密貨幣市場，尤其是Altcoins和Meme Coins，它繼續面臨極端的銷售壓力。 BTC在$ 90K的水平上失去了關鍵的每週支持，而波動仍然是短期價格行動的關鍵因素。

To recover lost ground and break out of the current consolidation phase, bulls must defend current demand zones to prevent further declines and initiate a potential recovery phase.

為了恢復失去的地面並脫離當前的合併階段，公牛必須捍衛當前的需求區，以防止進一步下降並啟動潛在的恢復階段。

Crypto analyst Daan shared Coinglass data on X, highlighting that BTC’s Coinbase Premium has slipped into the negative zone recently. This aligns with the large ETF outflows and prevailing bearish sentiment, suggesting a significant amount of spot selling over the past few days.

加密分析師Daan在X上共享了Coinglass數據，強調了BTC的Coinbase Premium最近已滑入負區域。這與大型ETF流出和普遍的看跌情緒保持一致，這表明過去幾天有大量的銷售銷售。

Historically, when the Coinbase Premium turns negative, it indicates U.S.-based traders are dumping BTC at a lower price compared to other exchanges due to a lack of confidence in the token’s short-term prospects.

從歷史上看，當Coinbase Premium變為負面時，它表明，與其他交易所相比，由於對代幣的短期前景缺乏信心，美國的交易者正在以較低的價格傾倒BTC。

However, when the premium is positive, it signifies strong demand from the U.S., which could propel the price higher. For Bitcoin to bounce back strongly, the Coinbase Premium must return to positive territory, signaling renewed spot demand.

但是，當溢價為正時，它表示美國的強勁需求，這可能會推動價格更高。為了使比特幣強烈反彈，Coinbase Premium必須返回正區域，這表明了重新點需求。

Currently, the premium is attempting to recover following the recent bounce, suggesting that some buying pressure is returning. Nonetheless, Daan will be closely monitoring this trend to determine whether it sustains over the coming days.

目前，溢價試圖在最近的反彈之後恢復，這表明一些購買壓力正在返回。儘管如此，Daan將密切監視這一趨勢，以確定它在未來幾天是否維持。

The next key resistance levels lie around $88K–$90K, and a push above these levels could confirm a bullish recovery. However, if selling pressure persists and BTC fails to reclaim lost ground, the price may continue consolidating or even drop further. The coming days will be crucial in defining Bitcoin’s next move as the market navigates ongoing volatility and uncertainty.

下一個關鍵阻力水平約為88,000美元 - $ 90K，高於這些水平的推動力可以證實看漲的恢復。但是，如果銷售壓力持續存在，而BTC未能收回失去的地面，那麼價格可能會繼續鞏固甚至進一步下降。隨著市場導航持續的波動和不確定性，未來幾天對於定義比特幣的下一步行動至關重要。