比特幣（BTC）努力折扣超過$ 98K，面對關鍵趨勢線的阻力

比特幣的價格超過了98,000美元，這使交易者和投資者的積極前景恢復了。這種基本價格閾值的破壞產生了猜測。

Bitcoin price reached a high of $98,000 in recent trading sessions, indicating a potential for further upward price movement.

比特幣價格在最近的交易課程中達到了98,000美元，這表明有可能進一步向上價格上漲。

However, the coin encountered resistance at a key trendline and dropped below the $97K support level, retracing to $96,611.89.

但是，硬幣以關鍵趨勢線遇到阻力，並降至97,000美元的支撐級別以下，回升至96,611.89美元。

The cryptocurrency faces unpredictable price movements as demand seems to be diminishing.

由於需求似乎正在減少，加密貨幣面臨著不可預測的價格變動。

Bitcoin Price Faces Resistance at Key Trendline

比特幣價格面對關鍵趨勢線的阻力

Bitcoin price increases recently had traders and investors anticipating a positive outlook as the coin briefly surpassed the $98,000 level.

最近，隨著硬幣短暫超過98,000美元的水平，比特幣價格上漲最近有望獲得積極的前景。

This breakout had many speculating on when Bitcoin would reach its next major target of $100,000.

這次突破有很多猜測比特幣將何時達到其下一個100,000美元的主要目標。

However, the recent price movements do not seem to be meeting the high expectations that were building over the last couple of days.

但是，最近的價格變動似乎並沒有達到過去幾天中建立的高期望。

Crypto analyst Ali Martinez observed Bitcoin facing major resistance at an hourly descending trendline despite the recent price increases.

加密分析師阿里·馬丁內斯（Ali Martinez）觀察到比特幣在每小時下降的趨勢線上面臨重大阻力，儘管價格最近上漲。

In addition, Martinez noted several failed upward attempts by Bitcoin against this descending trendline with three consecutive rejections.

此外，馬丁內斯（Martinez）指出，比特幣連續三次拒絕，比特幣對這一下降趨勢線進行了幾次失敗的向上嘗試。

Bitcoin’s current upward momentum remains at risk as the repeated failures to break through resistance barriers could halt price gains.

比特幣目前的向上勢頭仍然處於危險之中，因為反复通過阻力障礙可能會停止價格上漲。

A failure for the price to cross this trendline would result in a market correction, preventing Bitcoin from reaching $100,000.

價格未能越過這一趨勢線將導致市場更正，從而阻止比特幣達到100,000美元。

Accumulation Trend Score Indicates Weak Activity by Major Investors

累積趨勢得分錶明主要投資者的活動較弱

Moreover, the Accumulation Trend Score shows decreasing buying activity from major investors at the moment.

此外，積累趨勢得分顯示目前主要投資者的購買活動減少。

Data shared by Ali Martinez indicates that major market participants have stopped investing in Bitcoin at this point, which usually signals a bearish outlook.

阿里·馬丁內斯（Ali Martinez）共享的數據表明，此時主要的市場參與者已經停止投資比特幣，這通常標誌著看跌前景。

Bitcoin accumulation by institutional investors peaked between October 2024 and January 2025 before institutions began pulling out of the market.

機構投資者的比特幣積累在2024年10月至2025年1月之間達到頂峰，然後機構開始退出市場。

As a result, the current low accumulation activities are in stark contrast to what was observed earlier in the market cycle. Both major investment entities and retail buyers are showing less interest in acquiring Bitcoin at the moment.

結果，目前的低積累活動與市場週期早期觀察到的情況形成了鮮明對比。目前，主要的投資實體和零售買家對購買比特幣的興趣較小。

The decreasing market demand puts pressure on Bitcoin prices, reducing its ability to sustain new levels of gains.

市場需求的減少給比特幣價格施加了壓力，從而降低了其維持新水平收益的能力。

The lack of intense buying by investors may pose additional challenges for Bitcoin to cross important price levels, especially as it approaches the $100,000 mark.

投資者缺乏強烈的購買可能會對比特幣跨越重要的價格水平構成其他挑戰，尤其是當它接近100,000美元時。

Bitcoin Apparent Demand Declines

比特幣明顯需求下降

Furthermore, data from CryptoQuant shows that Bitcoin apparent market demand decreased significantly from a high of 279,000 in December 2024 to reach only 70,000 in January 2025.

此外，來自加密貨幣的數據表明，比特幣明顯的市場需求從2024年12月的279,000人的高處顯著下降，到2025年1月僅達到70,000。

The decreasing demand for Bitcoin affects its market price substantially.

對比特幣的需求減少會大大影響其市場價格。

Slowing market demand both decreases trading volume and price movement and indicates that the market will likely experience price consolidation.

市場需求放緩均減少交易量和價格變動，並表明市場可能會體驗價格合併。

Meanwhile, as economic volatility and the effects of inflation concerns are being felt by investors, it seems that the market demand has decreased.

同時，由於投資者感受到了經濟波動和通貨膨脹關注的影響，因此市場需求似乎有所下降。

In this regard, the lack of enough retail buyer interest to support the price growth of the market is being compounded by the decreasing accumulation of Bitcoin by major investors.

在這方面，缺乏足夠的零售買方利息來支持市場的價格增長，這是由於主要投資者的減少比特幣積累而變得更加複雜。

On the other hand, according to JPMorgan, institutional investors are cashing in profits due to the lack of positive market catalysts.

另一方面，根據摩根大通的說法，由於缺乏積極的市場催化劑，機構投資者正在兌現利潤。

The firm noted that pro-crypto U.S. initiatives would only impact the market in the second half of 2025.

該公司指出，Pro-Crypto美國計劃只會在2025年下半年影響市場。

Bitcoin, along with Ethereum, faced “momentum decay” as funds with momentum-driven strategies decreased their portfolio exposure while Ethereum’s momentum indicators shifted into a negative trend.

比特幣與以太坊一起面臨“動量衰減”，因為採用動量驅動策略的資金減少了投資組合的曝光率，而以太坊的動量指標轉向了負面趨勢。

At press time, Bitcoin price is down 0.76% and trades at $96,621.42. It faces resistance around $100K, having fallen below key support at $97.45K.

發稿時，比特幣價格下跌0.76％，交易價格為96,621.42美元。它面臨著$ 10萬美元的抵抗力，跌至關鍵支持下，價格為$ 97.45K。

A breakout above $100K could target $102K, but it remains to be seen if it can sustain the momentum and come out of the current slump.

超過$ 10.K的突破可能會以$ 102K的目標為目標，但是是否可以維持勢頭並擺脫當前的低迷，還有待觀察。