過去幾天，比特幣（BTC）被困在關鍵的價格水平以下

在上週日損失了85,000美元之後，過去幾天，比特幣（BTC）被困在過去幾天的關鍵價格水平以下。

Bitcoin (BTC) has been stuck in a rut. The flagship crypto has been unable to break above crucial price levels despite attempts to do so over the past few days.

比特幣（BTC）被困在車轍中。儘管過去幾天試圖這樣做，但旗艦加密仍無法超過關鍵的價格水平。

Its loss of the $85,000 mark last Sunday has seen it fall to its lowest levels since November 10, 2024, with the apex coin remaining under heavy bearish pressure. But is there anything on the horizon to help bulls regain control?

自2024年11月10日以來，它上週日損失了85,000美元的分數，其水平下降到最低水平，而Apex硬幣仍處於巨大的看跌壓力下。但是，是否有什麼可以幫助公牛恢復控制的地方？

As the crypto market continues its downturn, lower price targets are being set. But is the Bitcoin bull cycle over?

隨著加密貨幣市場的衰退持續下滑，目的價格較低。但是比特幣牛週期結束了嗎？

The crypto market has been on a consistent downtrend since late January, with macroeconomic instability and uncertainty pushing investors to speculate on what the future holds.

自1月下旬以來，加密市場一直處於一致的下降趨勢，宏觀經濟不穩定和不確定性促使投資者推測未來的情況。

With global macro concerns still affecting risk assets, Bitcoin’s inability to reclaim key resistance levels has heightened worries about further downside potential.

由於全球宏觀擔憂仍影響風險資產，比特幣無法恢復關鍵阻力水平，這加劇了人們對進一步下行潛力的擔憂。

But according to a recent analysis by a leading analyst, there are some interesting tidbits of data that could offer some insight into the market.

但是，根據一位領先分析師的最新分析，有一些有趣的數據可以為市場提供一些見解。

BTC Sees Heavy Activity At $90K

BTC的重型活動為$ 90K

On X, previously Twitter, top crypto analyst Axel Adler shared that the peak of exchange activity over the past four months occurred at $90K.

在X，以前是Twitter上，頂級加密分析師Axel Adler分析了過去四個月的交換活動的峰值，價格為90k美元。

This was the highest daily Bitcoin flow into exchanges, which could suggest that this is a critical psychological boundary, with bullish sentiment strengthening above this level and sell-offs increasing when BTC trades below it.

這是每天最高的比特幣流向交流，這可能表明這是一個關鍵的心理邊界，在BTC交易以下時，看漲的情緒增強了這一水平，而拋售量則增加。

"Biggest 4-hour candle over the past 4 months. We're still in the biggest 24-hour volume cycle since the March 2024 lows.

“在過去的4個月中，最大的4小時蠟燭。自2024年3月以來，我們仍然處於最大的24小時體積週期。

It's no coincidence that whenever BTC drops below $90K, exchange inflows spike like crazy. $90K is the key psychological boundary.

每當BTC跌至9萬美元以下時，交換流入像瘋狂的流入率時，並非偶然。 $ 90K是關鍵的心理邊界。

Above $90K, we saw the HIGHEST daily BTC volume on exchanges, which signifies strong bullish strength.

超過$ 9萬美元，我們看到了交易所每日最高的BTC量，這表示強大的看漲力量。

But whenever BTC closed lower and broke below $90K (like today), exchange inflows went bananas. This signals MASSIVE selling pressure and volatility as traders reacted to the price move.

但是，每當BTC下部關閉並打破9萬美元以下（如今天）時，交換流入就會出現香蕉。隨著交易者對價格轉移的反應，這表明銷售壓力和波動性巨大。

It's a vicious cycle:

這是一個惡性循環：

⬆️ Higher lows = Less exchange activity (buyers are in control, funded in fiat).

⬆️更高的低點=較少的交換活動（買家正在控制，以菲亞特資助）。

⬇️ Lower highs = More exchange activity (sellers react, capital flows out of crypto). "

⬇️較低的高點=更多的交換活動（賣方反應，資本從加密貨幣中流出）。 “

The crypto market has been on a consistent downtrend since late January, with macroeconomic instability and uncertainty pushing investors to speculate on what the future holds.

自1月下旬以來，加密市場一直處於一致的下降趨勢，宏觀經濟不穩定和不確定性促使投資者推測未來的情況。

As the crypto market continues its downturn, lower price targets are being set. But is the Bitcoin bull cycle over?

隨著加密貨幣市場的衰退持續下滑，目的價格較低。但是比特幣牛週期結束了嗎？

The crypto market has been on a consistent downtrend since late January, with macroeconomic instability and uncertainty pushing investors to speculate on what the future holds.

自1月下旬以來，加密市場一直處於一致的下降趨勢，宏觀經濟不穩定和不確定性促使投資者推測未來的情況。

With global macro concerns still affecting risk assets, Bitcoin’s inability to reclaim key resistance levels has heightened worries about further downside potential.

由於全球宏觀擔憂仍影響風險資產，比特幣無法恢復關鍵阻力水平，這加劇了人們對進一步下行潛力的擔憂。

But according to a recent analysis by a leading analyst, there are some interesting tidbits of data that could offer some insight into the market.

但是，根據一位領先分析師的最新分析，有一些有趣的數據可以為市場提供一些見解。

BTC Sees Heavy Activity At $90K

BTC的重型活動為$ 90K

On X, previously Twitter, top crypto analyst Axel Adler shared that the peak of exchange activity over the past four months occurred at $90K.

在X，以前是Twitter上，頂級加密分析師Axel Adler分析了過去四個月的交換活動的峰值，價格為90k美元。

This was the highest daily Bitcoin flow into exchanges, which could suggest that this is a critical psychological boundary, with bullish sentiment strengthening above this level and sell-offs increasing when BTC trades below it.

這是每天最高的比特幣流向交流，這可能表明這是一個關鍵的心理邊界，在BTC交易以下時，看漲的情緒增強了這一水平，而拋售量則增加。

"Biggest 4-hour candle over the past 4 months. We're still in the biggest 24-hour volume cycle since the March 2024 lows.

“在過去的4個月中，最大的4小時蠟燭。自2024年3月以來，我們仍然處於最大的24小時體積週期。

It's no coincidence that whenever BTC drops below $90K, exchange inflows spike like crazy. $90K is the key psychological boundary.

每當BTC跌至9萬美元以下時，交換流入像瘋狂的流入率時，並非偶然。 $ 90K是關鍵的心理邊界。

Above $90K, we saw the HIGHEST daily BTC volume on exchanges, which signifies strong bullish strength.

超過$ 9萬美元，我們看到了交易所每日最高的BTC量，這表示強大的看漲力量。

But whenever BTC closed lower and broke below $90K (like today), exchange inflows went bananas. This signals MASSIVE selling pressure and volatility as traders reacted to the price move.

但是，每當BTC下部關閉並打破9萬美元以下（如今天）時，交換流入就會出現香蕉。隨著交易者對價格轉移的反應，這表明銷售壓力和波動性巨大。

It's a vicious cycle:

這是一個惡性循環：

⬆️ Higher lows = Less exchange activity (buyers are in control, funded in fiat).

⬆️更高的低點=較少的交換活動（買家正在控制，以菲亞特資助）。

⬇️ Lower highs = More exchange activity (sellers react, capital flows out of crypto). "

⬇️較低的高點=更多的交換活動（賣方反應，資本從加密貨幣中流出）。 “