隨著需求逐漸消失，比特幣價格鬥爭與關鍵阻力鬥爭

比特幣的價格在周四的集會上彈出了98,000美元，這是由於槓桿率在24小時內飆升了7.2％，至24億美元。

Bitcoin price soared past $98,000 on Thursday, but a sustained uptrend depends on the price flipping resistance on a descending trendline on the hourly chart. If demand continues to weaken, will this breakout fail and cause another crash?

比特幣的價格在周四飆升了98,000美元，但持續的上升趨勢取決於每小時圖表上下降趨勢線上的價格翻轉電阻。如果需求繼續減弱，此突破會失敗並導致另一場崩潰嗎？

Bitcoin price bounded past the $98,000 mark on Thursday as the cryptocurrency continues to rally. However, a sustained uptrend depends on the price flipping resistance on a descending trendline on the hourly chart. If demand continues to weaken, this breakout may fail and cause another crash.

隨著加密貨幣繼續集會，比特幣價格超過了98,000美元的成績。但是，持續的上升趨勢取決於每小時圖表上下降趨勢線上的價格上漲。如果需求繼續減弱，此突破可能會失敗並導致另一場崩潰。

After yesterday's pump, BTC is again aiming for this resistance line, and if it fails to break it, it may lead to a downtrend. Past trends suggest that rallies to this resistance level have been met with swift selloffs that have prevented a decisive breakout. If demand continues to weaken, BTC risks further downside.

在昨天的泵之後，BTC再次瞄準了這條電阻線，如果它未能破壞，則可能導致下降。過去的趨勢表明，迅速拋棄了這種抵抗水平的集會，這阻止了果斷的突破。如果需求繼續削弱，BTC可能會進一步偏低。

According to analyst Ali Charts, Bitcoin price has faced three consecutive rejections in its attempt to break out of a descending trendline on the hourly chart. This price action is occurring after a rally that began on Wednesday and saw BTC briefly cross the $99,000 level before closing in on $98,000 at press time.

根據分析師Ali圖表的說法，比特幣的價格連續三次拒絕，試圖擺脫每小時圖表上的下降趨勢線。這種價格行動是在周三開始的集會之後發生的，而BTC在發稿時以98,000美元的價格下跌了99,000美元。

The consecutive rejections and a significant drop in demand add to the challenges facing Bitcoin and its ability to break past $100,000. A shift in demand has left BTC value today stuck in rangebound trading.

連續的拒絕和需求下降，這加劇了比特幣面臨的挑戰及其中斷超過100,000美元的能力。需求的轉變使今天的BTC價值停留在範圍交易中。

The Accumulation Trend Score, a metric that measures whether large entities are accumulating or selling Bitcoin, currently shows low accumulation. This means that large investors are not aggressively buying Bitcoin at the current price.

累積趨勢評分是一個衡量大型實體正在累積還是出售比特幣的度量，目前顯示出較低的積累。這意味著大型投資者並沒有以目前的價格積極購買比特幣。

A drop in this metric also shows that large entities that were accumulating BTC between October 2024 and January 2025 are no longer buying. Accumulation by large holders has always boded well for Bitcoin price. Therefore, if this cohort is hesitant, it could add to the bearish pressure facing BTC.

該指標的下降還表明，在2024年10月至2025年1月之間積累了BTC的大型實體不再購買。大型持有人的積累始終以比特幣價格很好。因此，如果該隊列猶豫，它可能會增加面向BTC的看跌壓力。

Data from CryptoQuant also shows that Bitcoin’s apparent demand growth has declined significantly from 279,000 in December to 70,000. This weak demand is due to inflation fears, economic uncertainty, and concerns around possible selling following FTX repayments.

來自CryptoQuant的數據還表明，比特幣的明顯需求增長已從12月的279,000下降到70,000。這種需求疲軟是由於通貨膨脹的恐懼，經濟不確定性以及FTX還款後可能出售的擔憂。

If there is no shift in demand, a breakout of Bitcoin price past $100,000 may be delayed. However, the Bitcoin Fear and Greed Index has once again flashed “Greed” after the recent rally past $98,000. If this holds, it could lead to more gains.

如果需求沒有變化，則可能會推遲比特幣價格的突破。但是，在最近的集會超過98,000美元之後，比特幣的恐懼和貪婪指數再次閃爍著“貪婪”。如果這樣做，它可能會帶來更多的收益。

A Bitcoin price prediction by analyst Budhil Vyas suggests that BTC may rally if it successfully defends key support levels. According to the analyst, if BTC drops to retest the support level zone between $94,000 and $96,000, it will reduce the chance of a dump and lead to a healthy uptrend.

分析師Budhil Vyas的比特幣價格預測表明，如果成功捍衛關鍵支持水平，BTC可能會集結。根據分析師的說法，如果BTC下降以重新測試94,000美元至96,000美元之間的支持水平，則將減少垃圾場的機會並導致健康的上升趨勢。

If Bitcoin price retests this support and bounces with strong buy volumes, it faces the next resistance at $99,350. This could lead to a rally to $100,310. However, as outlined above, such gains will happen if demand rises again.

如果比特幣價格重新測試了這一支持並以強勁的買入彈跳，則其下一個阻力為99,350美元。這可能導致集會至100,310美元。但是，如上所述，如果需求再次上升，將會發生這種收益。

1. Is Bitcoin price stuck in range?

1。比特幣價格卡在範圍內嗎？

After a strong rally that saw Bitcoin price briefly cross the $99,000 level on Wednesday, the cryptocurrency’s price has stalled and is now trading in a narrow range. This shift in momentum comes as BTC faces resistance at the $98,000 level, with demand also fading.

在強烈的集會上看到比特幣價格在周三短暫地超過了99,000美元的水平之後，加密貨幣的價格停滯不前，現在正在狹窄的範圍內交易。這種動量轉變是因為BTC面對98,000美元的阻力，需求也逐漸消失。

2. Are institutions still accumulating Bitcoin?

2。機構仍在積累比特幣嗎？

A metric that tracks the accumulation or selling of Bitcoin by large entities, known as the Accumulation Trend Score, currently shows that institutions are no longer aggressively buying Bitcoin at the current price.

一個標準，它跟踪大型實體（稱為累積趨勢得分）對比特幣的積累或銷售，目前表明機構不再以當前價格積極購買比特幣。

This shift in demand is being highlighted by on-chain data from CryptoQuant, which shows that Bitcoin’s apparent demand growth has declined significantly.

加密素養的鍊鍊數據強調了這種需求的轉變，這表明比特幣的明顯需求增長已大大下降。

3. What is causing weak demand for BTC?

3。是什麼導致對BTC的需求較弱？

Several factors are contributing to the weak demand for Bitcoin, including inflation fears, economic uncertainty, and concerns around possible selling following FTX repayments.

有幾個因素導致對比特幣的需求疲軟，包括通貨膨脹恐懼，經濟不確定性以及對FTX還款後可能出售的擔憂。