比特幣、以太幣在減半前飆升，頂住拋售壓力

比特幣減半事件在即，引發多空大戰。分析師預測購買活動增加，導致 BTC 和 ETH 價格飆升。積極的鏈上指標顯示 BTC 和 ETH 的大量積累，儘管價格波動，但淨流量卻在減少。隨著比特幣在窄幅區間內振盪，空頭試圖將價格推至支撐線以下，而突破均線則可能創下新的歷史高點。以太坊面臨類似的競爭，價格為 3,400 美元，跌破 3,100 美元可能會引發拋售壓力。

Bitcoin and Ethereum Surge Ahead of Halving Event, Defying Bearish Pressure

比特幣和以太坊在減半事件之前飆升，克服了看跌壓力

With the highly anticipated Bitcoin halving event just days away, the cryptocurrency market is witnessing an intense battle between bulls and bears. Despite facing formidable resistance from sellers, buyers are relentlessly striving to establish a new all-time high for Bitcoin before the event.

The resilience of the market is evident in the eager accumulation observed at every dip in Bitcoin and Ethereum's value. Top analysts anticipate a surge in buying activity leading up to the halving, predicting a subsequent spike in BTC and ETH prices.

市場的彈性在比特幣和以太坊價值每次下跌時所觀察到的急切增持中顯而易見。頂級分析師預計減半前購買活動將激增，並預測 BTC 和 ETH 價格隨後將飆升。

Robust Demand Signals Institutional Confidence

強勁的需求顯示機構信心

Analysts have expressed increasing bullish sentiment towards Bitcoin and Ethereum, citing promising patterns despite persistent selling pressures. Matt Hougan, Chief Investment Officer of Bitwise, has highlighted the potential for $1 trillion to flow into the bitcoin market through institutional investments in newly launched spot bitcoin exchange-traded funds (ETFs).

儘管拋售壓力持續存在，但分析師對比特幣和以太坊的看漲情緒日益高漲，並指出其前景樂觀。 Bitwise 投資長 Matt Hougan 強調，透過新推出的現貨比特幣交易所交易基金 (ETF) 的機構投資，有可能有 1 兆美元流入比特幣市場。

Such institutional interest has the potential to drive Bitcoin's value beyond $100,000 and Ethereum's above $6,000 in the coming months. This bullish outlook has encouraged investors to increase their holdings of BTC and ETH during price pullbacks.

這種機構興趣有可能在未來幾個月內推動比特幣的價值超過 10 萬美元，以太坊的價值超過 6,000 美元。這種看漲前景鼓勵投資者在價格回檔期間增持 BTC 和 ETH。

On-Chain Metrics Reveal Accumulation Trend

鏈上指標揭示累積趨勢

Data from IntoTheBlock indicates a sharp decline in Bitcoin's Netflow metric, currently standing at 9.47K BTC. This decline suggests that investors are actively accumulating BTC, even as prices fluctuate. Similarly, Ethereum's Netflow metric has entered the negative zone at 50K ETH, signaling a reduction in exchange reserves and a diminished likelihood of a price decline.

來自 IntoTheBlock 的數據表明，比特幣的 Netflow 指標急劇下降，目前為 9.47K BTC。這種下跌表明，即使價格波動，投資者仍在積極累積比特幣。同樣，以太坊的 Netflow 指標已進入 50K ETH 的負值區域，這表明外匯儲備減少，價格下跌的可能性降低。

Bitcoin Price Analysis: Resilience Amidst Volatility

比特幣價格分析：波動中的韌性

Bitcoin has recently been trading within a tight range between $72K and $68K, reflecting a balance between buyers and sellers. Despite attempts by bears to establish a downward trend below support lines, the cryptocurrency has demonstrated resilience.

比特幣最近一直在 7.2 萬美元到 6.8 萬美元之間的窄幅區間內交易，反映出買家和賣家之間的平衡。儘管空頭試圖在支撐線下方建立下降趨勢，但加密貨幣已表現出彈性。

A recent breakout below Fib levels indicates a growing bearish dominance, supported by the declining trend of the 20-day exponential moving average (EMA) and the Relative Strength Index (RSI) approaching the oversold region.

最近突破斐波那契水平顯示看跌主導地位不斷增強，受到 20 日指數移動平均線 (EMA) 下降趨勢和接近超賣區域的相對強弱指數 (RSI) 的支撐。

However, a surge above EMA lines would push the price towards $72K, providing an opportunity for buyers to break through the $74K barrier and establish a new all-time high near $80K. Conversely, a downturn below the uptrend line could indicate profit-taking by buyers, potentially leading to a decline towards the 50-day simple moving average (SMA) around $63K.

然而，突破 EMA 線將推動價格升至 72,000 美元，為買家提供突破 74,000 美元關口並在 80,000 美元附近建立新的歷史高點的機會。相反，跌破上升趨勢線可能表示買家獲利了結，可能導致價格跌向 6.3 萬美元左右的 50 天簡單移動平均線 (SMA)。

Ethereum Price Analysis: Battle for Support

以太坊價格分析：支援之戰

Ethereum has been closely hovering around the $3,400 support level, signaling a tense battle between buyers and sellers. The recent drop below EMA trend lines has strengthened the confidence of sellers.

以太坊一直緊密徘徊在 3,400 美元的支撐位附近，這表明買家和賣家之間的緊張鬥爭。最近跌破EMA趨勢線增強了賣家的信心。

Should the price continue to decline and reach the $3,100 support, it will likely test buyers' patience. A breach below this level could trigger a wave of selling pressure.

如果價格繼續下跌並達到 3,100 美元的支撐位，可能會考驗買家的耐心。跌破該水平可能會引發一波拋售壓力。

On the other hand, a rebound from the current level or above $3,100 would stimulate buying demand, potentially resulting in a breakout above $3,650 and a consolidation around the $4K mark.

另一方面，從當前水準或 3,100 美元以上反彈將刺激購買需求，可能導致突破 3,650 美元並在 4000 美元大關附近盤整。

Conclusion: Bullish Sentiment Prevails

結論：看漲情緒盛行

As the Bitcoin halving event nears, the cryptocurrency market is poised for a surge in buying activity. Despite short-term fluctuations and resistance from sellers, the underlying trend remains bullish. Institutional interest, robust accumulation, and positive on-chain metrics reinforce the potential for substantial gains in both Bitcoin and Ethereum. The battle between bulls and bears will continue, but the momentum appears to be shifting in favor of the former.

隨著比特幣減半事件的臨近，加密貨幣市場的購買活動可望激增。儘管有短期波動和賣方阻力，但基本趨勢仍看漲。機構興趣、強勁的累積和積極的鏈上指標增強了比特幣和以太坊大幅收益的潛力。多頭和空頭之間的戰鬥仍將繼續，但勢頭似乎正在轉向有利於前者的方向。