隨著機構利益的增長，比特幣合併

比特幣一直在努力奪回10萬美元的大關，但在全市範圍內拋售迅速之後，比特幣仍然富有彈性。

Bitcoin price analysis shows BTC struggling to break above $100K despite recovering from a sharp market-wide selloff. The price dropped over 9% in 24 hours, only to later recover more than 11%, highlighting BTC’s resilience compared to the rest of the market.

比特幣的價格分析表明，儘管從市場範圍內的賣空中恢復過來，BTC仍在努力賺錢超過$ 10萬美元。價格在24小時內下降了9％以上，但後來恢復了11％以上，這強調了BTC的韌性與其他市場相比。

Despite the uncertainty, key metrics suggest that Bitcoin remains in a bullish phase. Top analyst Axel Adler shared insights revealing that the Bitcoin Coinbase Flow Pulse is currently signaling strong institutional interest.

儘管存在不確定性，但主要指標表明比特幣仍處於看漲階段。頂級分析師阿克塞爾·阿德勒（Axel Adler）共享了見解，表明比特幣共插基流量脈衝目前表明了強大的機構興趣。

The absence of significant outflows typically seen in bear markets suggests that major players are still accumulating BTC rather than offloading it. As Bitcoin continues to consolidate above crucial support levels, the market is now watching whether bulls can reclaim $100K and sustain momentum.

在熊市市場中通常沒有大量流出的流出表明，主要參與者仍在積累BTC而不是卸載它。隨著比特幣繼續鞏固至關重要的支持水平，市場現在正在關注公牛是否可以收回$ 10萬美元並維持勢頭。

If BTC loses the $96K level, another wave of selling pressure could emerge. The coming days will be crucial in determining Bitcoin’s next major move.

如果BTC失去了96,000美元的水平，則可能會出現另一波銷售壓力。未來幾天對於確定比特幣的下一個重大舉措至關重要。

Bitcoin Consolidates As Institutional Interest Grows

隨著機構利益的增長，比特幣合併

Bitcoin price analysis shows BTC consolidating after a period of volatility, with crucial demand around $90K and strong supply near all-time highs.

比特幣價格分析表明，一段時間波動率後BTC合併，需求至關重要，約為$ 90K，並且在歷史上的高點附近供應強勁。

Despite trade war fears adding volatility to BTC’s price action, institutional demand remains high, suggesting a bullish long-term trend for Bitcoin.

儘管貿易戰的恐懼增加了BTC的價格行動的波動，但機構需求仍然很高，這表明比特幣的長期趨勢表明比特幣的長期趨勢。

Top analyst Axel Adler shared key on-chain data, highlighting the Bitcoin Coinbase Flow Pulse. This metric tracks BTC inflows and outflows to and from Coinbase across all exchanges.

頂級分析師Axel Adler共享了關鍵的鏈數據，突出了比特幣共插基流動脈衝。該度量標準跟踪BTC的流入和從所有交換中的共同基礎的流出和流出。

The flow pulse provides insight into supply and demand dynamics, particularly among major U.S. players. Adler’s analysis shows that Bitcoin is currently in a bull market, largely driven by institutional accumulation.

流動脈衝可洞悉供求動態，尤其是在美國主要參與者中。阿德勒（Adler）的分析表明，比特幣目前處於牛市，這在很大程度上是由機構積累驅動的。

One of the most important takeaways from Adler’s findings is the absence of significant red zones on the Bitcoin Coinbase Flow Pulse.

阿德勒發現的最重要的收穫之一是比特幣共插基流動脈衝上沒有明顯的紅色區域。

These red zones typically indicate large-scale outflows, which are common in bear markets when capital shifts from the spot market to futures.

這些紅色區域通常表明大規模流出，當資本從現貨市場轉移到未來時，這在熊市中很常見。

Since no such outflows have been observed, it suggests that major players are holding onto their BTC rather than selling into the market.

由於尚未觀察到這樣的流出，因此表明主要參與者堅持自己的BTC，而不是銷售市場。

As Bitcoin continues to consolidate, traders are watching for a breakout above ATH or a potential retest of lower support.

隨著比特幣繼續鞏固，交易者正在關注超出ATH或潛在支持的重新分配。

If institutional demand remains strong, BTC could soon push into price discovery.

如果機構需求仍然強勁，BTC很快就會推動價格發現。

Bitcoin Struggles Below $100K

比特幣掙扎在$ 100k以下

Bitcoin price analysis shows BTC weakening in the short term as bears gain the upper hand. The price has failed to break above the crucial $100K level, which has now become a major resistance point defining Bitcoin’s next move.

比特幣價格分析表明，隨著熊的優勢，BTC在短期內削弱了。價格未能超過至關重要的$ 10萬美元水平，這已成為定義比特幣下一步行動的主要阻力。

With volatility increasing and uncertainty dominating the market, BTC remains in a tight range between key demand and all-time highs.

隨著波動性的增加和不確定性主導了市場，BTC在關鍵需求和歷史最高點之間保持緊張的範圍。

If Bitcoin fails to break above $100K in the coming days, a deeper correction could be on the horizon.

如果比特幣在未來幾天未能超過$ 10萬美元，則可以進行更深入的更正。

A drop below the $96K mark would likely trigger further selling pressure, bringing BTC closer to lower support levels around $92K-$94K.

低於$ 96K的跌幅可能會觸發進一步的銷售壓力，使BTC更接近較低的支撐水平，約為$ 92K- $ 94,000。

This would signal a potential extended consolidation phase before any attempt to push higher.

這將指示潛在的擴展合併階段，然後再嘗試推高更高。

On the other hand, a clean break and hold above $100K could reignite bullish momentum, allowing BTC to test the upper range near its all-time high of $109K.

另一方面，乾淨的休息時間和超過$ 10萬美元可以重新點燃看漲的動力，從而使BTC可以在其歷史最高售價109k的歷史高處測試上層範圍。

The next few days will be crucial in determining whether BTC can regain its bullish trend or if further downside is in store.

接下來的幾天對於確定BTC是否可以恢復其看漲趨勢或是否有進一步的缺點至關重要。

Traders are closely watching for confirmation of either a breakout above $100K or a rejection that could send BTC into lower demand levels.

交易者正在密切關注確認超過$ 10萬美元的突破或可能使BTC降低需求水平的拒絕。