比特幣（BTC）在收回87,000美元的水平後，現在的交易高於短期高點

幾個小時前，比特幣在賺取了87,000美元的水平後，現在的交易高於短期高點。這一舉動信號在公牛之間增強力量

Bitcoin price is trading above short-term highs again after briefly dipping below the $87,000 level just a few hours ago. This move is signaling growing strength among bulls, but a full bullish reversal will only be confirmed once higher resistance levels are broken.

僅幾個小時前，比特幣價格短暫降至87,000級的水平下降後，比特幣的價格再次高於短期高點。這一舉動表明了公牛之間的強度增長，但是只有一旦較高的阻力水平破裂，才能確認完全看漲的逆轉。

As global tensions remain high amid a trade war between the U.S. and China, the pressure is still on financial markets. But in the crypto sphere, Bitcoin appears to be stabilizing and preparing for a possible breakout.

由於美國與中國之間的貿易戰，全球緊張局勢仍然很高，因此壓力仍在金融市場上。但是在加密球體中，比特幣似乎正在穩定並為可能的突破做準備。

Top crypto analyst Axel Adler shared fresh insights that support this view. As of today, Bitcoin’s “foundation” Realized Price (RP) continues to climb gradually, despite a small local dip since February 2025.

頂級加密分析師阿克塞爾·阿德勒（Axel Adler）分享了支持這種觀點的新見解。截至今天，儘管自2025年2月以來，比特幣的“基金會”實現了價格（RP），儘管本地傾向很小，但仍在逐漸攀升。

Meanwhile, the speculative premium (measured by the MVRV ratio) is compressing, and the total annual network return fluctuates around 46%. According to Adler, these metrics align with a classic accumulation phase—when fundamentals remain strong, but sentiment lags.

同時，投機溢價（通過MVRV比率衡量）正在壓縮，年度網絡回報率波動約為46％。根據阿德勒的說法，這些指標與經典的積累階段保持一致 - 當基本原理仍然很強，但情感滯後。

This imbalance often creates conditions for the next bullish expansion. If investor confidence returns and macroeconomic conditions stabilize, Bitcoin could be poised for a major breakout. For now, all eyes are on whether BTC can hold above $87K and push toward new highs.

這種不平衡通常會為下一個看漲的擴張帶來條件。如果投資者的信心回報和宏觀經濟狀況穩定，則可以將比特幣準備好進行重大突破。就目前而言，所有目光都集中在BTC是否可以持有超過$ 87K並推向新高點。

Bitcoin Enters Pivotal Week At Key Resistance LevelBitcoin is now facing critical resistance after reclaiming short-term highs, and this coming week could prove pivotal.

比特幣進入關鍵阻力LevelBitcoin的關鍵週現在在收回短期高點後面臨著關鍵的阻力，而下一周可能是關鍵的。

Following last week’s tight consolidation range, bulls are positioning for a breakout as selling pressure fades and broader markets attempt to stabilize. With Bitcoin holding above key support levels in the low-$87,000 range, the tone has shifted—investors are cautiously optimistic that the worst may be behind.

在上週緊密的整合範圍之後，公牛隊的定位是突破，因為銷售壓力淡出和更廣泛的市場試圖穩定。隨著比特幣在低到$ 87,000範圍內的關鍵支持水平上方的持有，語氣已經發生了變化，因此，對最糟糕的情況可能會謹慎樂觀。

To put this in perspective, Adler shared a compelling on-chain breakdown that supports the bullish case. According to the analyst, Bitcoin’s “foundation” Realized Price (RP) continues to rise gradually, with only a small local decrease since February 2025.

從角度來看，阿德勒分享了一個令人信服的鏈上崩潰，以支持看漲案件。根據分析師的說法，比特幣的“基金會”實現了價格（RP），自2025年2月以來，本地的下降只有很小的下降。

At the same time, the speculative premium, measured by the MVRV ratio, is compressing. When combined with a stable annual network return of around 46%, this suggests Bitcoin is in a classic accumulation phase.

同時，通過MVRV比率測量的投機溢價正在壓縮。當結合穩定的年度網絡回報率約為46％時，這表明比特幣處於經典累積階段。

In such phases, fundamentals like realized price and network revenue outpace sentiment, which is lagging. This imbalance often leads to explosive upside when market psychology finally catches up, setting the stage for the next bullish expansion.

在這樣的階段，諸如實現價格和網絡收入超過情緒之類的基本面正在落後。當市場心理學最終趕上時，這種失衡通常會導致爆炸性上升空間，為下一次看漲的擴張奠定了基礎。

If investor confidence returns and macroeconomic conditions stabilize, creating a favorable backdrop for risk assets, Bitcoin could be poised for a major breakout from this key resistance zone.

如果投資者的信心回報和宏觀經濟狀況穩定，創造了風險資產的有利背景，則可以將比特幣從這個關鍵阻力區域進行重大突破。

For now, all eyes are on whether BTC can hold above $87K and push toward new highs to build on the rally from June 2024 lows. A sustained move above $90K would be critical for bulls to collect enough momentum and capitalize on the shifting market trends.

目前，所有人的目光都集中在BTC是否可以持有超過87,000美元的價格，並朝著新的高點朝著新的高點努力，從2024年6月的低點開始在集會上建立集會。超過$ 90k的持續搬遷對於公牛隊收集足夠的動力並利用不斷變化的市場趨勢至關重要。

BTC Key Levels To WatchWhat is striking is the resilience of BTC price despite macroeconomic headwinds and tighter trade activity.

BTC關鍵水平值得關注的是，儘管宏觀經濟的逆風和更嚴格的貿易活動，但BTC價格的彈性是BTC價格的彈性。

The crypto is testing the 200-day simple moving average (SMA) at the time of writing, after briefly dipping below the 200-day exponential moving average (EMA). A decisive move above the 200-day SMA at $88,000 would be needed to cement strength.

加密在撰寫本文時正在測試200天簡單的移動平均線（SMA），此前短暫浸入了200天的指數移動平均線（EMA）。在鞏固2000美元的SMA上，果斷的果斷是鞏固力量的決定性舉動。

A breakout and sustained move above the $90K level would mark a significant technical milestone, signaling a trend reversal and potentially triggering a surge toward 2021 all-time highs. This breakout could also draw back sidelined capital and reignite interest from both retail and institutional traders amid broader market volatility.

突破性和持續的移動超過$ 90K的水平將標誌著一個重要的技術里程碑，這表明趨勢逆轉，並有可能引發激增的歷史高潮。由於更廣泛的市場波動，這一突破還可能吸引零售和機構交易者的興趣，並重新點燃利息。

However, the bullish scenario hinges on follow-through. If Bitcoin fails to reclaim $90K decisively, the rally may fade, and the market could re-enter a correction phase. A breakdown below $84K would put the $80K support at risk, with further downside likely if that level fails to hold.

但是，看漲的情況取決於後續的。如果比特幣無法決定性地收回$ 90K，則拉力賽可能會消失，市場可能會重新進入更正階段。低於$ 8.4K的細分將使$ 80K的支持處於危險之中，如果該水平未能持有，則可能會進一步下跌。

For now, BTC remains at a critical junction. The next few trading sessions will be decisive in determining whether bulls have enough strength to reclaim dominance—or whether another leg down lies ahead as bears capitalize on any signs of weakness.

目前，BTC仍然處於關鍵交界處。接下來的幾個交易會議將決定性決定公牛是否有足夠的力量來獲得優勢，或者隨著熊的資本利用任何弱點的跡象。