比特幣（BTC）的交易略低於關鍵$ 90,000

比特幣的交易略低於關鍵的$ 90,000水平，經過數週的不確定性，努力恢復看漲的動力。

Bitcoin (BTC) is struggling to maintain bullish momentum as it trades just below the critical $90,000 level, with market sentiment shifting slightly from extreme fear to cautious observation. However, confidence remains fragile, and analysts are split on what comes next.

比特幣（BTC）努力保持看漲的勢頭，因為它的交易略低於關鍵的$ 90,000水平，市場情緒從極端的恐懼轉變為謹慎的觀察。但是，信心仍然脆弱，分析師在接下來會發生的事情上被分解。

According to some analysts, failure to reclaim $90K could extend the current downtrend, while others believe a breakout above this level could trigger a sharp move to the upside.

根據一些分析師的說法，未能收回$ 90K可能會擴大當前的下降趨勢，而其他人則認為突破超過此水平可能會引發上升方向的急劇轉移。

According to on-chain data from CryptoQuant, Bitcoin is now undergoing its seventh compression of Realized Volatility on the daily timeframe during this cycle.

根據CryptoQuant的鍊鍊數據，比特幣現在正在此週期中對每日時間範圍內實現的波動性進行第七次壓縮。

These periods of low volatility often precede significant price moves, and the Garman-Klass Realized Volatility metric, used to assess intraday volatility, is currently flashing an alert, signaling that Bitcoin could be on the verge of a major breakout — in either direction.

這些低波動率的時期通常是在重大價格移動之前的，而Garman-Klass實現的波動率指標（用於評估盤中波動率）目前正在閃爍警報，這表明比特幣可能處於重大突破的邊緣 - 朝任一方向上。

According to historical data, four of the past six volatility compressions in this cycle have resulted in price increases, while two have led to declines.

根據歷史數據，過去六個週期中的六個波動率壓縮中有四個導致價格上漲，而兩個則導致下降。

As Bitcoin hovers near a critical resistance level, this volatility squeeze is likely acting as a pressure valve, setting the stage for Bitcoin’s next big move, with traders watching closely for confirmation.

隨著比特幣徘徊在臨界電阻水平接近的情況下，這種波動性擠壓很可能充當壓力閥，為比特幣的下一個重大舉措奠定了基礎，交易員密切關注確認。

Bitcoin Momentum Stalls

比特幣動量攤位

Bitcoin is showing resilience as it holds above the $85,000 mark, battling to stay afloat after weeks of persistent volatility.

比特幣表現出彈性，因為它的穩定性超過了85,000美元，在持續的波動持續數週之後，比特幣要戰鬥以保持生存。

However, upward momentum has begun to fade, and the price has failed to push higher despite repeated attempts. Bulls are struggling to reclaim the $90,000 level, while bears are increasingly testing the strength of the $85K support zone, with a clean break below this level confirming a deeper retracement and opening the door to further downside.

但是，向上的動力已經開始消失，儘管一再嘗試，價格仍未提高。公牛隊正在努力恢復90,000美元的水平，而熊則越來越多地測試了85,000美元的支撐區的強度，低於此水平的干淨休息，確認了更深層次的回溯，並為進一步的缺點打開了大門。

According to Benzinga’s analysis, analysts remain divided on what comes next. Some warn that if Bitcoin fails to reclaim $90K soon, the market could enter a more prolonged correction phase, while others remain optimistic, placing emphasis on the potential for a breakout if bulls manage to regain control and flip resistance into support.

根據Benzinga的分析，分析師在接下來會發生的事情上仍然存在分歧。一些人警告說，如果比特幣不盡快收回$ 90K，市場可能會進入更長的更正階段，而其他人則保持樂觀態度，如果公牛設法將控制權重新獲得支持，則強調突破的潛力。

According to a recent X post by top analyst Axel Adler, BTC is now undergoing its seventh Realized Volatility compression on the daily timeframe in this cycle.

根據頂級分析師Axel Adler最近的X帖子，BTC現在正在該週期中的每日時間範圍內實現第七次實現的波動性壓縮。

The Garman-Klass Realized Volatility (GVZ) metric, typically used to assess intraday volatility, has also lit up an alert, signaling that a move of some magnitude is likely on the horizon.

Garman-Klass實現的波動率（GVZ）度量通常用於評估盤中的波動性，也點燃了警報，表明可能會出現一定程度的移動。

According to Adler’s analysis, these volatility compressions have often preceded major price shifts, with four out of six previous instances seeing Bitcoin rally sharply following the compression. In the remaining two cases, the move was to the downside.

根據Adler的分析，這些波動性壓縮通常是在重大價格變化之前的，在壓縮後，在上一個六個實例中，有四分之四的比特幣急劇上升。在其餘兩種情況下，此舉是不利的。

With Bitcoin critical resistance, this volatility squeeze could act as a launchpad for the next big move — up or down — with pressure building as traders await confirmation signals to reveal the market’s true direction.

憑藉比特幣的關鍵阻力，這種波動性擠壓可以作為下一個重大行動（上下或向下）的發射台，隨著交易員在等待確認信號以揭示市場的真實方向。