比特幣價格終於準備好看好捲土重來了嗎？

上週，熊隊的運行率很高，並設法提高了價格，並取消了去年11月獲得的相當大的收益。

The bears had a strong run last week, and managed to push price lower, and undoing a sizable chunk of the gains attained in November last year.

上週，熊隊的運行率很高，並設法提高了價格，並取消了去年11月獲得的相當大的收益。

Despite the sell pressure, Bitcoin price has already bounced back significantly during the weekend, indicating that there was a significant amount of accumulation taking place.

儘管賣出壓力，但比特幣價格在周末已經大大反彈，這表明發生了大量積累。

For context, Bitcoin price fell as low as $78,197 on Friday and has since bounced back to $85,110 at press time. A 10% gain from its recent low. But could this signal the start of a bullish recovery?

在上下文中，比特幣的價格下跌高達78,197美元，此後返回到發稿時的85,110美元。從最近的低點中獲得10％的收益。但是，這表明了看漲恢復的開始嗎？

One of the main reasons for Bitcoin price snapping back as quickly as it did this weekend was the fact that it was oversold at its recent weekly low.

比特幣價格與本週末一樣迅速倒閉的主要原因之一是，它在最近的每週低點時被超賣了。

Can Bitcoin price yield a bullish week ahead?

比特幣價格可以在未來的一周中產生看漲的一周嗎？

Bitcoin Exchange flows confirm that demand was on the rise during the weekend. This could be a precursor for more bullish activity ahead but only if demand remains significantly stronger than sell pressure.

比特幣交換流量證實，週末需求正在上升。這可能是未來的更多看漲活動的先驅，但前提是需求仍然比賣出壓力更強大。

According to CryptoQuant, Exchange flows were at their lowest level observed in the last 6 weeks. The last time that exchange flows were this low was near mid-January.

根據加密量，交換流在過去6週內觀察到的最低水平。交換流量的最後一次低點是1月中旬。

More importantly, exchange outflows were significantly higher at 8,697 BTC compared to 7,417 BTC in exchange inflows at the time of observation. This confirmed that there was a significant gap between inflows and outflows, this time in favor of the bulls.

更重要的是，在8,697 BTC時，交換流出明顯更高，而在觀察時交換流入為7,417 BTC。這證實了流入和流出之間存在很大的差距，這次贊成公牛。

This outcome was further confirmation that demand was ballooning during the weekend. There are a few other signs indicating that sentiment is shifting in favor of bullish expectations.

這種結果進一步證實，週末的需求正在激增。還有一些其他跡象表明，情緒正在轉移，而轉移了看漲的期望。

A prominent example is a report revealing that someone recently executed 2 long positions collectively totaling $195 million at 50X leverage. This comes at a time when demand in the derivatives segment was recently crushed by heavy liquidations.

一個著名的例子是一份報告，表明某人最近以50倍的槓桿作用執行了2個長期職位，總計1.95億美元。這是在衍生品細分市場的需求最近被大量清算所壓碎的時候。

Both Bitcoin open interest and estimated leverage ratio tanked by a substantial margin since 20 February. A reflection of the shift from market confidence to uncertainty as price dipped lower.

自2月20日以來，比特幣的開放利息和估計的槓桿比率都達到了很大的利潤。隨著價格下跌，從市場信心轉向不確定性的轉變反映了。

Is the bearish wave over or will Bitcoin price slide lower?

看跌波還是比特幣價格幻燈片降低？

This is the question that many traders probably have right now. Especially considering that previous bearish pauses have yielded more downside, leading to more losses for holders.

這是許多交易者現在可能有的問題。尤其是考慮到以前的看跌停頓產生了更多的缺點，從而導致持有人造成更多的損失。

Some points to note include weak whale activity despite the recent pause. This may signal that whales are anticipating more downside. On the other hand, institutions pumped $94.3 million into BTC on Friday. This may have set the bullish mood during the weekend.

一些要注意的點包括儘管最近停了下來，但鯨魚活動較弱。這可能表明鯨魚預計會有更多的缺點。另一方面，機構在周五向BTC籌集了9430萬美元。這可能在周末樹立了看漲的心情。

Meanwhile, Bitcoin dominance pushed back above 61% despite expectations that a slide below 60% would pave the way for altcoin season.

同時，儘管預期滑坡低於60％會為Altcoin賽季鋪平道路，但比特幣的主導地位卻以61％的速度推遲了61％。

Bitcoin price action has a better chance at a bullish outcome this week. However, there is still considerable risk of more downside given weak demand from whales.

比特幣價格動作本周有更好的看漲結果。但是，鑑於鯨魚的需求較弱，仍然存在更大的下行風險。

In case of more downside, BTC could encounter the next support levels near $76,000 and the 467,000 price level. The second support level means Bitcoin will have given up its November gains. Another major dip would allow buyers to get in at a more discounted price.

如果有更多的缺點，BTC可能會遇到接近76,000美元和467,000個價格水平的下一個支持水平。第二個支持水平意味著比特幣將放棄其11月的收益。另一個主要的下降將允許買家以更折扣價進入。