比特幣（BTC）顯示出從歷史最高高的30％以上後的恢復跡象

在其歷史最高水平並短暫下跌75,000美元以上的30％以上之後，比特幣顯示出恢復的跡象。

Bitcoin is showing signs of recovery after plunging over 30% from its all-time high and briefly dropping below $75,000. The broader crypto market rebounded sharply this week, helped by a 90-day pause on reciprocal tariffs announced by US President Donald Trump for all countries except China, which remains under a 125% tariff. This unexpected shift in trade policy helped ease some macroeconomic pressure and sparked a wave of optimism across global markets.

比特幣在其歷史最高水平下降30％以上，並短暫降至75,000美元以上，這顯示出恢復的跡象。本週，更廣泛的加密貨幣市場急劇反彈，這在美國總統唐納德·特朗普（Donald Trump）為中國以外的所有國家 /地區宣布的互惠關稅中停頓了90天，該關稅仍低於125％的關稅。這種意外的貿易政策轉變有助於緩解宏觀經濟壓力，並在全球市場上引發了一波樂觀。

CryptoQuant analyst Axel Adler shared a compelling chart on X, highlighting the Bitcoin Futures Perpetual Funding Rate. Since BTC hit its ATH, the 7-day moving average of the Funding Rate has been trending downward—a key stress signal in bull markets. Adler explains that when this average turns negative, it often reflects rising market tension as traders aggressively open short positions. This shift can lead to funding flipping negative, a condition historically associated with capitulation and, potentially, the start of strong recovery phases.

加密分析師阿克塞爾·阿德勒（Axel Adler）在X上分享了一個引人注目的圖表，突出了比特幣期貨的永久融資率。自BTC達到其ATH以來，籌資率的7天移動平均值一直在下降 - 這是牛市的關鍵壓力信號。阿德勒（Adler）解釋說，當這個平均水平變為負面時，它通常會反映出當交易員積極打開短職位時，市場張力的上升。這種轉變可能導致資金流動負面，這是與投降歷史有關的條件，並可能是強大的恢復階段的開始。

Bitcoin Remains Strong As Sentiment Resets

比特幣仍然很強，因為情緒重置

Bitcoin is still strong after reclaiming the $80,000 level, signaling that the worst of the recent correction may be behind. However, global economic instability continues to weigh heavily on market sentiment. US President Donald Trump’s tariff policies—especially the ongoing trade conflict with China—have added uncertainty to the financial environment, fueling fears of a broader global recession.

比特幣在收回了80,000美元的水平後仍然很強大，這表明最近更正的最差可能是落後的。但是，全球經濟不穩定繼續對市場情緒產生嚴重影響。美國總統唐納德·特朗普（Donald Trump）的關稅政策，尤其是與中國正在進行的貿易衝突，這增加了對金融環境的不確定性，這加劇了人們對全球衰退更廣泛的擔憂。

The recent 90-day pause on reciprocal tariffs has offered some relief, but it’s temporary, and investors remain cautious until a more permanent resolution is reached.

最近90天的倒數關稅停頓提供了一些緩解，但這是暫時的，投資者一直謹慎，直到達成更永久的決議。

Adler shared crucial insights highlighting how the Bitcoin Futures Perpetual Funding Rate has behaved throughout the current cycle. Following the all-time high near $72K, the average Funding Rate steadily declined—mirroring the pattern seen in previous cycles. Just like last time, the metric dipped into negative territory, which historically has marked a reset in market sentiment and preceded a new upward move.

阿德勒（Adler）共享了至關重要的見解，強調了比特幣期貨的永久融資率在當前週期中的表現。在歷史高達72K $ 72K的歷史高處之後，平均資金率穩步下降 - 刺激了以前的周期中看到的模式。就像上次一樣，該指標浸入了負面的領域，從歷史上看，這標誌著市場情緒的重置，並在新的上升之前。

According to Adler, this is less about exact statistics and more about the psychology of market participants. Confidence peaks at highs and collapses during corrections, only to rebuild when traders are forced out and the market “resets.” His chart, featuring blue arrows, shows how these cycles tend to repeat, offering hope that Bitcoin could be primed for another impulse higher.

根據阿德勒的說法，這與確切的統計數據無關，而更多地與市場參與者的心理學有關。信心在矯正期間達到高峰和倒塌，只有在交易者被迫退出並“重新設置”時重建。他的圖表以藍色箭頭為特色，顯示了這些週期如何傾向於重複，並希望比特幣可以啟動以使另一個衝動更高。

Price Holds Key Support As Bulls Eye 200-Day Averages

Price擁有關鍵的支持，因為Bulls Eye 200天平均

Bitcoin is currently trading at $82,200, sitting just 5% below its crucial 200-day simple moving average (SMA) around $87,100. After reclaiming the $80K level during this week’s relief rally, bulls now face the challenge of defending this ground and pushing higher to regain lost momentum.

比特幣目前的交易價格為82,200美元，比其至關重要的200天簡單移動平均線（SMA）的交易價格約為87,100美元。在本週的救濟集會上收回了8萬美元的水平之後，公牛現在面臨捍衛這一立場並推動更高的挑戰以恢復失落的動力。

To confirm a bullish setup, BTC must hold above the $81K support zone and reclaim the $85K level, which aligns with the 200-day exponential moving average (EMA). These two moving averages are widely seen as long-term trend indicators, and regaining both would mark a significant shift in sentiment.

為了確認看漲的設置，BTC必須持有超過$ 81K的支撐區，並收回85,000美元的水平，這與200天的指數移動平均線（EMA）保持一致。這兩個移動平均值被廣泛視為長期趨勢指標，並且重新恢復兩者將標誌著情緒的重大轉變。

So far, bulls have been able to absorb selling pressure, but failure to hold above the $81K–$80K zone could trigger renewed panic and send BTC back toward the $75K level—a key psychological and structural support from last week’s low.

到目前為止，公牛隊已經能夠吸收銷售壓力，但是未能超過81k - $ 80k的區域可能會引發新的恐慌，並將BTC送回75K $ 75K的水平，這是上週低點的重要心理和結構支持。

Market volatility remains high amid macroeconomic uncertainty, and while Bitcoin shows signs of strength, it’s still vulnerable to downside risk if buyers don’t maintain momentum. The coming days will be critical as traders watch for a breakout above the 200-day EMA or a breakdown toward lower demand.

在宏觀經濟不確定性的情況下，市場波動仍然很高，儘管比特幣顯示出強度的跡象，但如果買家不保持動力，它仍然容易受到下行風險的影響。隨著交易者註意超過200天EMA的突破或針對較低需求的細分，接下來的日子將是至關重要的。