比特幣（BTC）的交易低於$ 90,000

經過數週的短期方向不確定性，BTC失去了關鍵支持水平。目前的交易低於$ 90,000

Bitcoin (BTC) is trading below the $90,000 mark after a bearish month of February, with analysts and investors growing increasingly fearful that the price could drop to even lower levels. The broader market has continued to decline, setting fresh lows as uncertainty grips traders.

在2月份看跌月之後，比特幣（BTC）的交易低於90,000美元，分析師和投資者越來越擔心價格會下降到更低的水平。更廣泛的市場繼續下降，因為不確定性抓住了交易者，新鮮的低點。

However, despite the gloomy outlook, one analyst has shared an interesting observation that could provide some insight into the market dynamics at play.

然而，儘管看法令人沮喪，但一位分析師還是分享了一個有趣的觀察，可以為市場動態提供一些見解。

Top analyst Axel Adler shared his insights on X, revealing that the dominance of large players on exchanges has risen significantly. In December 2024, this dominance was at $94K, but it has now climbed to 96% compared to other transactions.

頂級分析師阿克塞爾·阿德勒（Axel Adler）分享了他對X的見解，表明大型球員在交流中的統治地位顯著增長。在2024年12月，這種統治地位為9.4萬美元，但與其他交易相比，現在已經攀升至96％。

Since this metric only accounts for the inflow of the top 10 largest transactions per day relative to the rest, it suggests that large players have been actively selling their Bitcoin holdings over the past two months.

由於該指標僅說明相對於其餘的每天最大的10筆交易的流入，因此這表明大型玩家在過去兩個月中一直在積極出售其比特幣持有量。

This trend has heightened concerns that BTC could experience further downward pressure. If bulls fail to reclaim key levels, Bitcoin could face another round of selling, pushing it into deeper lows.

這種趨勢加劇了人們對BTC可能會遇到進一步向下壓力的擔憂。如果公牛無法收回關鍵水平，比特幣可能會面對另一輪銷售，將其推向更深的低點。

The next few weeks will be crucial as investors assess whether Bitcoin can hold above current support zones or if the market is heading for an extended period of correction.

接下來的幾週將是至關重要的，因為投資者評估比特幣是否可以超過當前的支持區，還是市場正在長期進行校正。

Bitcoin Faces Selling Pressure As Sentiment Turns Bearish

比特幣面孔賣壓力隨著情緒變動看跌

Bitcoin (BTC) is experiencing increasing selling pressure, fueling fears that the current bull cycle may be coming to an end. BTC has lost key support levels after weeks of uncertainty surrounding its short-term direction.

比特幣（BTC）正遭受銷售壓力的增加，這加劇了人們擔心當前的牛週期可能即將結束。經過數週的短期方向不確定性，BTC失去了關鍵支持水平。

Currently trading below the $90,000 mark, bulls are struggling to establish a base for a reversal. Despite this, some analysts remain optimistic, believing that Bitcoin could still see a massive rally later this year.

目前的交易低於$ 90,000，公牛隊正在努力為逆轉建立基礎。儘管如此，一些分析師仍然樂觀，認為比特幣仍然可以在今年晚些時候舉行大規模集會。

Adler’s insights highlight a notable shift in market dynamics. According to Adler, the dominance of large players on exchanges has risen from $94K in December 2024 to 96% compared to other transactions.

阿德勒的見解突出了市場動態的顯著轉變。根據阿德勒的說法，與其他交易相比，大型球員在交流中的優勢從2024年12月的$ 94K上升到了96％。

This data suggests that whales have been actively selling their holdings over the past two months, raising concerns about further downside pressure.

該數據表明，鯨魚在過去兩個月中一直在積極出售其持股，這引起了人們對進一步下行壓力的擔憂。

However, Adler also pointed out that despite this selling activity, coins are still being actively bought. Before recent market shocks—including the ByBit hack, the failed Bitcoin reserve votes in three U.S. states, and growing negative sentiment in the stock market due to Trump’s trade policies—the market was absorbing these sales efficiently.

但是，阿德勒還指出，儘管有這種銷售活動，但仍在積極購買硬幣。在最近的市場衝擊（包括Bybit Hack）之前，由於特朗普的貿易政策，股票市場上的比特幣儲備投票失敗，在股票市場上增加了負面情緒 - 市場正在有效吸收這些銷售。

The current news cycle has created a local bearish sentiment, but analysts caution against prematurely declaring the end of Bitcoin’s bull market. Observing how the stock market reacts in the coming weeks will be crucial in determining whether BTC is undergoing a temporary correction or a longer-term bearish phase.

當前的新聞周期引起了當地的看跌情緒，但分析師警告過早地宣布比特幣牛市的結束。觀察股票市場在未來幾週內如何反應對於確定BTC是否正在進行臨時校正還是長期看跌期至關重要。

Bitcoin Struggles Below $90K

比特幣掙扎在$ 90K以下

Bitcoin (BTC) is trading at $89,100 after several days of intense selling pressure and market-wide price drops have set the broader crypto market on a course for deeper correction.

經過幾天的銷售壓力和市場範圍的價格下跌幾天后，比特幣（BTC）的交易價格為89,100美元，使更廣泛的加密貨幣市場啟動了更深入的校正課程。

The bearish sentiment has kept BTC below critical levels, fueling fears among investors that the market could experience further downside movement. Bulls struggled to reclaim the $90,000 mark, a key psychological and technical resistance level.

看跌的情緒使BTC保持在關鍵水平以下，這加劇了投資者的擔憂，即市場可能會經歷進一步的下行運動。公牛努力地奪回了90,000美元的商標，這是一個關鍵的心理和技術抵抗水平。

For BTC to initiate a recovery rally, bulls must reclaim the $90,000 level and push the price above $95,000 in the coming days. A breakout from these levels would signal renewed buying momentum and could pave the way for a retest of $98,000 and $100,000.

為了使BTC發起恢復集會，公牛必須在未來幾天內收回90,000美元的水平，並將價格提高到95,000美元以上。這些水平的突破將表明重新購買勢頭，並可能為重新獲得98,000美元和100,000美元的重新鋪平道路。

However, failing to reclaim these resistance zones could prolong the current period of uncertainty. If BTC loses its current support level, the market could see further downside movement.

但是，如果沒有收回這些抵抗區域可能會延長當前不確定性時期。如果BTC失去了目前的支持水平，市場可能會看到進一步的下行運動。

A breakdown from $89,000 would likely push the price into deeper correction territory, with potential downside targets around $86,000 or even $82,000.

從$ 89,000的細分可能會將價格推向更深的更正領域，潛在的下行目標約為86,000美元甚至82,000美元。

The next few trading sessions will be critical in determining whether Bitcoin can regain bullish momentum or continue its descent into lower demand zones. Investors are watching closely for any signs of stabilization before committing to a long-term bullish outlook.

接下來的幾個交易課程對於確定比特幣是否可以恢復看漲勢頭或繼續下降到較低需求區域至關重要。在承諾長期看漲前景之前，投資者正在密切關注任何穩定跡象。