比特幣投資者失去風險偏好，8.8 萬美元大關證明具有吸引力的切入點

比特幣的供應上限為 2,100 萬枚，其市值已飆升至 2 兆美元以上，截至撰寫本文時，每枚 BTC 的價值為 102,383 美元。

Bitcoin’s (BTC) price has surged past a key resistance level, putting the world’s largest cryptocurrency on track for a fresh all-time high. But as BTC’s price rallies, a closer look at the stablecoin market reveals a massive influx of funds that could be setting the stage for a sell-off.

比特幣（BTC）的價格已突破關鍵阻力位，使世界上最大的加密貨幣有望創下新的歷史新高。但隨著比特幣價格上漲，仔細觀察穩定幣市場就會發現，大量資金湧入，可能為拋售奠定基礎。

With a capped supply of 21 million, Bitcoin’s market cap has soared past $2 trillion, with each BTC valued at $102,383 at the time of writing. In comparison, the total value of bonds and real estate stands at $450 trillion, highlighting the vast potential for further growth in the crypto market.

比特幣的供應量上限為 2,100 萬枚，市值已飆升至 2 兆美元以上，截至撰寫本文時，每枚 BTC 的價值為 102,383 美元。相較之下，債券和房地產的總價值為 450 兆美元，凸顯了加密貨幣市場進一步成長的巨大潛力。

Bitcoin price surges past key resistance level

比特幣價格飆升至關鍵阻力位

Bitcoin still trails traditional 20th-century assets, but the king coin’s rapid jump from $67K to $102K in just 40 days signals a future that’s hard to ignore. However, as is often the case with fast gains, the short-term outlook for Bitcoin is far from certain.

比特幣仍落後於傳統的 20 世紀資產，但這種王幣在短短 40 天內從 6.7 萬美元迅速躍升至 10.2 萬美元，預示著一個難以忽視的未來。然而，正如快速上漲的情況一樣，比特幣的短期前景還遠未確定。

While Bitcoin fiyatı initially surged past the $88K mark, a closer look reveals that the rally could be running out of steam. This key price level served as a magnet for investors, particularly those who entered the market during the "Trump pump" earlier this year.

雖然比特幣價格最初飆升至 8.8 萬美元大關，但仔細觀察就會發現，漲勢可能已經失​​去動力。這一關鍵價格水準吸引了投資者，尤其是那些在今年稍早「川普暴漲」期間進入市場的投資者。

As Bitcoin approached the $88K mark again, a massive influx of stablecoins flooded the market, indicating that investors were preparing to buy BTC once the volatility subsided.

隨著比特幣再次逼近 8.8 萬美元大關，大量穩定幣湧入市場，這表明投資者正準備在波動性消退後購買 BTC。

At the time, around $148 billion in stablecoins were waiting on crypto exchanges to be deployed into the market.

當時，大約 1,480 億美元的穩定幣正在等待加密貨幣交易所部署到市場。

However, Bitcoin fiyatı failed to break through the $90K resistance level multiple times in quick succession, despite the large stablecoin inflows. Instead, the price dropped back down to the $84K range.

然而，儘管穩定幣大量流入，但比特幣未能快速連續多次突破 9 萬美元阻力位。相反，價格回落至 8.4 萬美元的範圍。

This sell-off occurred as investors who had purchased Bitcoin at lower prices decided to cash out their profits, leading to a potential top being formed at around the $88K price point.

這次拋售發生的原因是，以較低價格購買比特幣的投資者決定兌現利潤，導致潛在頂部在 8.8 萬美元左右的價格點形成。

Bitcoin fiyatı now faces a critical test as it attempts to hold above the $84K support level. If BTC fails to stay above this key price floor, it could trigger a sell-off by investors who had purchased Bitcoin at a higher cost basis.

比特幣現在面臨著嚴峻的考驗，因為它試圖保持在 8.4 萬美元的支撐位之上。如果比特幣未能保持在這一關鍵價格下限之上，可能會引發以較高成本購買比特幣的投資者的拋售。

Moreover, a failure by the market to absorb the selling pressure could result in a further sell-off down to the $78K to $80K range, where another strong support level lies.

此外，市場未能吸收拋售壓力可能會導致進一步拋售至 78,000 美元至 80,000 美元的區間，這是另一個強勁的支撐位。

On the other hand, if Bitcoin fiyatı manages to hold above the $84K support level, it could pave the way for another attempt at breaking through the $90K resistance zone.

另一方面，如果比特幣價格能夠維持在 8.4 萬美元的支撐位之上，則可能為再次嘗試突破 9 萬美元的阻力區域鋪平道路。

A successful breakout above this resistance level would likely propel Bitcoin fiyatı towards the $100K round number price resistance, followed by the all-time high of $104K.

如果成功突破該阻力位，可能會推動比特幣價格突破 10 萬美元整數價格阻力位，隨後觸及 10.4 萬美元的歷史新高。