隨著加密貨幣的整合，比特幣多頭在華爾街面臨複雜的訊號

Bitcoin Bulls Face Mixed Signals on Wall Street

華爾街的比特幣多頭面臨複雜的訊號

As the markets opened on Wall Street on March 26, Bitcoin (BTC) paused its recent gains to consolidate, leaving traders with mixed signals.

3 月 26 日華爾街開盤時，比特幣 (BTC) 暫停了近期的漲勢以進行盤整，這給交易者帶來了複雜的訊號。

BTC Downside: Path of Least Resistance?

BTC下行：阻力最小的路徑？

Intraday data indicates that Bitcoin's upward momentum faded, with BTC/USD dropping by up to 3.2%. Hovering near its all-time high of $69,000 set in 2021, Bitcoin seemed uncertain of its next direction after sharp gains over the past 24 hours.

盤中數據顯示，比特幣上漲動力減弱，BTC/美元跌幅高達3.2%。比特幣徘徊在 2021 年創下的 69,000 美元歷史高點附近，在過去 24 小時大幅上漲後，比特幣似乎不確定下一步走向。

Despite the setback, market dynamics suggest both bullish potential and the possibility of continued correction. Preliminary data from Arkham, a crypto intelligence firm, shows that outflows from the Grayscale Bitcoin Trust (GBTC) were a modest $120 million, significantly below the weekly average.

儘管遭遇挫折，但市場動態顯示看漲潛力和持續修正的可能性。加密情報公司 Arkham 的初步數據顯示，灰階比特幣信託基金 (GBTC) 的資金流出量為 1.2 億美元，遠低於每週平均值。

However, a lack of bid liquidity beneath the current spot price raises the odds of a return to lower support levels. Keith Alan, co-founder of Material Indicators, observed that "in terms of liquidity, the path of least resistance is down. That's not speculation."

然而，目前現貨價格下方缺乏投標流動性，增加了回到較低支撐位的可能性。 Material Indicators 聯合創始人 Keith Alan 指出，“就流動性而言，阻力最小的路徑是向下。這不是投機。”

Weekly and Monthly Candles: Pivotal Moments

每周和每月蠟燭：關鍵時刻

Alan highlighted the upcoming weekly and monthly candle closes as pivotal events. "With last week's close at $68.9k and last month's close at $61.1k we could (and should) see one or both of those levels tested relative to the candle close/open on Sunday," he said.

艾倫強調即將到來的每周和每月蠟燭收盤價是關鍵事件。 「鑑於上週收盤價為 68,900 美元，上個月收盤價為 61,100 美元，我們可以（並且應該）看到其中一個或兩個水平相對於週日蠟燭收盤/開盤進行測試，」他表示。

Retracing 2020 Breakout Pattern?

重回2020年突破模式？

Popular trader and analyst Rekt Capital emphasized the importance of flipping $69,000 into definitive support. According to his YouTube analysis, this move would create a solid foundation for price discovery and keep BTC/USD within historical norms.

受歡迎的交易員和分析師 Rekt Capital 強調了將 69,000 美元轉為明確支撐位的重要性。根據他的 YouTube 分析，此舉將為價格發現奠定堅實的基礎，並使 BTC/USD 保持在歷史正常範圍內。

Comparing Bitcoin's price patterns to its 2020 rally before the previous block subsidy halving, Rekt Capital noted that Bitcoin should be in its "pre-halving retracement" phase, followed by a "post-halving reaccumulation phase."

Rekt Capital 將比特幣的價格模式與 2020 年上次區塊補貼減半之前的反彈進行比較，指出比特幣應該處於「減半前回撤」階段，隨後是「減半後重新累積階段」。

"We’ve seen a fantastic take us to new all-time highs. This pre-halving retrace of 18% has occurred, could be over, but of course, this pre-halving retrace exists to enable a sideways range — a reaccumulation structure that sees us just consolidate for a long time," he explained.

「我們已經看到了一個奇妙的現象，將我們帶到了新的歷史高點。減半前18% 的回撤已經發生，可能已經結束，但當然，這種減半前回撤的存在是為了實現橫盤區間——一種重新累積結構這讓我們在很長一段時間內保持整合，」他解釋道。

Disclaimer: This article does not provide investment advice. All investment decisions should be made after conducting thorough research and consulting with qualified financial professionals.

免責聲明：本文不提供投資建議。所有投資決策應在進行徹底研究並諮詢合格的金融專業人士後做出。