比特幣（BTC）面對技術和宏十字路口

隨著交易者將集會的機會傾斜到130,000美元，比特幣（BTC）面臨技術和宏十字路口。

Bitcoin (BTC) price faced a technical and macro crossroads on March 24 as traders assessed the chances of a rally toward $130,000 despite limited gains over the weekend.

比特幣（BTC）的價格在3月24日面對技術和宏十字路口，因為交易員評估了一場集會的機會，儘管週末有限，但儘管有限的收益有限。

Despite showing signs of strength, BTC/USD remained capped below $92,000, a level that analysts warned could be crucial for stalling the ongoing uptrend.

儘管顯示出強度的跡象，但BTC/USD仍處於92,000美元以下，該分析師警告說，這對於阻止正在進行的上升趨勢至關重要。

Bitcoin price action remained in a familiar range on Saturday as BTC/USD rose 3% to $88,350.

隨著BTC/USD上漲3％至88,350美元，比特幣價格行動仍處於熟悉的範圍內。

However, despite recent gains and optimism, traders largely focused on the potential failure to close above $92,000.

然而，儘管最近獲得了積極和樂觀的態度，但貿易商主要集中在潛在的未關閉92,000美元以上的潛在關注。

Crypto trader Pentoshi noted that the cryptocurrency needed a “3d or 1W close” above the $90,000–$92,000 range in order to continue reclaiming higher prices.

加密交易者彭托（Pentoshi）指出，加密貨幣需要高於90,000美元至92,000美元的“ 3D或1W關閉”，以便繼續收回更高的價格。

“It’s still in a lower time frame count and we're getting close to needing a 3d or 1W close above 90–92k for a claim back in my mind,” he wrote in a March 24 X post.

他在3月24日x帖子中寫道：“這仍處於較低的時間範圍內，我們接近需要3D或1W在90–92k以上的3D或1W接近我的腦海中。”

The final stages of the U.S. government's bailout of the preferred equity tier in 1948.

1948年，美國政府對首選股權層的救助的最後階段。

The window for buying BTC at a low price may be closing as on-chain data showed a $1.5 billion increase in outstanding Bitcoin futures contracts over 24 hours.

以低價購買BTC的窗口可能會關閉，因為鏈上數據顯示，在24小時內，未償還的比特幣期貨合約增加了15億美元。

But as IT Tech PL, an anonymous analyst on X, pointed out, high open interest (OI) combined with rapid price increases could also trigger liquidation cascades.

但是，正如X上的一位匿名分析師IT Tech PL所指出的那樣，高度開放興趣（OI）與價格快速上漲相結合也可能觸發清算級聯。

“High OI + Rapid Price Increase = Risk of Liquidation Cascades,” the post read.

“高OI +快速價格上漲=清算級聯的風險，”帖子寫道。

Lower time frames were already showing overheated signals, but others argued that the current move was still part of a healthy consolidation.

較低的時間範圍已經顯示出過熱的信號，但其他人則認為當前的舉動仍然是健康合併的一部分。

As Ali Martinez pointed out, Bitcoin’s relative strength index (RSI) had recently hit overbought territory on the 4-hour chart.

正如阿里·馬丁內斯（Ali Martinez）所指出的那樣，比特幣的相對強度指數（RSI）最近在4小時的圖表上襲擊了超買的領土。

However, Bitcoin researcher Axel Adler Jr. maintained that broader on-chain metrics did not indicate overheating.

但是，比特幣研究人員Axel Adler Jr.堅持認為，更廣泛的鏈度指標並未表明過熱。

In a new Substack article, Adler Jr. added that BTC was still in a “growth stage” according to cumulative value days destroyed (CVDD), a metric that tracks selling by long-term holders.

Jr.在一篇新的替代文章中補充說，根據累計價值天數（CVDD），BTC仍處於“增長階段”，該指標追踪了長期持有人的出售。

The researcher, who correctly predicted the March 2024 Bitcoin sell signal, explained that BTC had only triggered one sell signal during this cycle—which occurred way back in March 2024.

正確預測2024年3月比特幣賣出信號的研究人員解釋說，BTC在此週期中僅觸發了一個賣出信號，這發生在2024年3月。

According to his analysis, CVDD, which is now at -25, would ideally bottom at -50 before the next stage of the cycle began.

根據他的分析，現在位於-25的CVDD理想情況下，在周期的下一個階段開始之前，CVDD的底部為-50。

According to Adler Jr.’s investor price model, which previously flashed two sell signals in 2021, BTC could hit $130,000 within 90 days.

根據小阿德勒（Adler Jr.）的投資者價格模式，該模型此前在2021年刷新了兩個賣出信號，BTC可能會在90天內達到130,000美元。

The model, which factors in market trends and is not necessarily a technical indicator, had previously signaled two interesting price levels—$30,000 and $80,000.

該模型在市場趨勢中的因素，不一定是技術指標，以前曾表示兩個有趣的價格水平：30,000美元和80,000美元。

BTC price action remained in a familiar range on Saturday as BTC/USD rose 3% over the weekend.

週六BTC/USD在周末上漲了3％，BTC價格動作仍處於熟悉的範圍內。

According to Material Indicators co-founder Keith Alan, news of the U.S. government potentially selling gold reserves to buy Bitcoin gave speculators some "hopium."

根據物質指標的共同創始人基思·艾倫（Keith Alan）的說法，美國政府可能出售黃金儲量購買比特幣的消息給投機者提供了一些“啤酒”。

"With gold in ATH territory, and BTC in a correction, this would be an opportune time," Alan wrote on March 24.

艾倫（Alan）在3月24日寫道：“隨著Ath領土的黃金，BTC進行了更正，這將是一個合適的時機。”

The S&P 500 rose 1.5% after reports that President Donald Trump might soften the impact of upcoming trade tariffs.

在報導說唐納德·特朗普總統可能會減輕即將到來的貿易關稅的影響之後，標準普爾500指數上漲了1.5％。

According to The Kobeissi Letter, instead of blanket rules, “sector-specific tariffs” would take effect from April 2.

根據Kobeissi的信，從4月2日起，“特定於部門的關稅”將生效，而不是毯子規則。

"We're hearing that the administration is planning to impose a 25% tariff on all goods imported from China, beginning in April, in an effort to reduce the trade deficit and protect American jobs," the report stated.

報告說：“我們聽說政府計劃從4月開始，從中國進口的所有商品徵收25％的關稅，以減少貿易赤字並保護美國就業機會。”

The move comes as the U.S. is reportedly considering selling a portion of its gold reserves to purchase Bitcoin.

此舉是因為據報導，美國正在考慮出售其一部分黃金儲備以購買比特幣。

"If true, this would be a surprising and unexpected turn of events. It would also be a major boon for Bitcoin bulls, who have long argued that the cryptocurrency is a perfect hedge against inflation and currency devaluation."

“如果是真的，這將是一個令人驚訝且出乎意料的事件。對於比特幣公牛來說，這也將是一個重要的福音，他們長期以來一直認為加密貨幣是反對通貨膨脹和貨幣貶值的完美對沖。”

On the corporate front, Strategy disclosed a $584 million BTC purchase on March 24, increasing its holdings to 506,137 BTC.

在公司方面，戰略在3月24日披露了5.84億美元的BTC購買，其持股量增加到506,137 BTC。

The firm used funds from the sale of 1.97 million shares and a broader $21 billion stock issuance program.

該公司從出售197萬股股票和更廣泛的210億美元發行計劃中使用了資金。

While the purchase offered short-term support, critics argued that the company’s aggressive buying could backfire if its funding dried up.

儘管購買提供了短期支持，但批評家認為，如果其資金枯竭，該公司的積極購買可能會適得其反。

However, the broader trend remains constructive. Between March 14 and March 21, Bitcoin spot exchange-traded funds (ETFs) recorded $786 million in net inflows.

但是，更廣泛的趨勢仍然是建設性的。在3月14日至3月21日之間，比特幣現貨交易所貿易資金（ETFS）記錄了7.86億美元的淨流入。

Despite Adler Jr.'

促進小阿德勒