比特幣的反彈：絆腳石還是暫時的挫折？

儘管最近出現反彈，但比特幣無法維持勢頭，表明投資者正在逢高拋售，導致短期需求下降。儘管出現回調，CryptoQuant 的分析顯示多頭市場仍然完好無損，因為目前只有 48% 的投資來自短期持有者，低於 84%-92% 的典型峰值範圍。

Is Bitcoin's Rally Fizzling Out, or Just a Temporary Dip?

比特幣的漲勢會結束，還是只是暫時的下跌？

Despite Bitcoin's impressive recovery, its inability to sustain the momentum has raised concerns among investors. The recent consecutive net withdrawals from spot Bitcoin exchange-traded funds (ETFs) suggest that investors are cashing out on the uptick, leading to a decline in demand in the short term.

儘管比特幣的復甦令人印象深刻，但其無法維持這一勢頭引起了投資者的擔憂。近期比特幣現貨交易所交易基金（ETF）連續出現淨撤資，顯示投資人正在趁機套現，導致短期需求下降。

Bitcoin's Bullish Outlook: Intact or Impaired?

比特幣的看漲前景：完好還是受損？

Despite the pullback, analysts at CryptoQuant remain optimistic about Bitcoin's bull market prospects. They point out that bull markets typically end when 84%-92% of investment comes from short-term holders, who currently account for only 48%. The correction preceding the Bitcoin Halving is seen as a positive sign, as parabolic trends are often unsustainable.

儘管出現回調，CryptoQuant 的分析師仍對比特幣的多頭前景持樂觀態度。他們指出，當84%-92%的投資來自短期持有者時，多頭市場通常就會結束，而目前短期持有者僅佔48%。比特幣減半之前的調整被視為一個正面的訊號，因為拋物線趨勢往往是不可持續的。

Technical Analysis: Bitcoin's Path Forward

技術分析：比特幣的前進之路

Bitcoin's sharp recovery from the 38.2% Fibonacci retracement level at $61,700 indicates a willingness to buy on dips. However, resistance levels at EMA lines are holding strong. The 20-day exponential moving average (EMA) is flat, and the relative strength index (RSI) is around the midline, suggesting sideways movement in the near term.

比特幣從 61,700 美元的 38.2% 斐波那契回撤位大幅反彈，顯示人們願意逢低買進。然而，EMA 線的阻力位保持強勁。 20日指數移動平均線（EMA）持平，相對強弱指數（RSI）位於中線附近，顯示近期將橫盤整理。

Support at $60,775 and the 50-day simple moving average (SMA) at $58,000 are likely to be defended by buyers. A surge beyond $69,000 could pave the way for a challenge of the record peak at $74K.

買家可能會捍衛 60,775 美元的支撐位和 58,000 美元的 50 天簡單移動平均線 (SMA)。如果價格飆升至 69,000 美元以上，可能會為挑戰 74,000 美元的歷史高峰鋪平道路。

Ethereum: Bulls and Bears Vie for Control

以太坊：多頭和空頭爭奪控制權

ETH has surged over 2.2% from yesterday's rate, but it recently dipped from the 20-day EMA. Sellers may attempt to breach support at $3,100, which could lead to a decline to $2,700.

ETH 較昨天上漲了 2.2% 以上，但最近從 20 日均線下跌。賣家可能會嘗試突破 3,100 美元的支撐位，這可能會導致跌至 2,700 美元。

Conversely, if support at the 50-day SMA holds, the pair may oscillate within the range defined by the moving averages. A breakout above $3,600 could reignite bullish momentum, potentially driving the pair towards $4,100.

相反，如果 50 日移動平均線的支撐位保持不變，則該貨幣對可能會在移動平均線定義的範圍內振盪。突破 3,600 美元可能會重新點燃看漲勢頭，有可能推動該貨幣對升至 4,100 美元。

Ripple: Bullish Momentum on the Horizon?

瑞波幣：看漲勢頭即將到來？

XRP/USDT is expected to gain momentum if buyers push the price beyond $0.65, targeting resistance at $0.74. Surpassing this level could signal the start of an upward phase towards $0.948.

如果買家將價格推高至 0.65 美元以上，預計阻力位為 0.74 美元，XRP/USDT 預計將獲得動力。超過該水平可能標誌著上漲階段的開始，朝向 0.948 美元。

If the price declines and remains under the 20-day EMA, sellers may continue to dominate, with the pair fluctuating between $0.64 and the uptrend line. A descent below the uptrend line could pull the pair down to $0.52.

如果價格下跌並保持在 20 日均線下方，賣家可能會繼續佔據主導地位，貨幣對在 0.64 美元和上升趨勢線之間波動。跌破上升趨勢線可能會將該貨幣對拉低至 0.52 美元。

Aptos: Buyers Aim for Higher Highs

Aptos：買家瞄準更高的高點

Buyers have successfully maintained APT price above $10, indicating efforts to establish this level as a support base. The upward trend of the 20-day EMA at $16 and the positive RSI suggest that bulls have the upper hand.

買家成功地將 APT 價格維持在 10 美元以上，表明他們正在努力將該水平建立為支撐基礎。 20 日均線 16 美元的上升趨勢和積極的 RSI 表明多頭佔上風。

The pair may see a gradual surge towards the resistance zone between $17 and $20, which sellers are likely to defend. A breakout above $20 could signal a continuation of the uptrend, potentially leading to new highs.

該貨幣對可能逐漸飆升至 17 美元至 20 美元之間的阻力區，賣家可能會捍衛該阻力區。突破 20 美元可能預示著上升趨勢的延續，並有可能創下新高。

MANTA: Bulls and Bears Wage Battle

MANTA：牛市和熊市展開戰鬥

Bulls have defended the $2.5 support level for MANTA, but they face challenges in keeping the price above the 20-day EMA at $3.2.

多頭捍衛了 MANTA 2.5 美元的支撐位，但他們面臨著將價格保持在 20 日均線 3.2 美元上方的挑戰。

The downward-trending 20-day EMA and the RSI around the midline indicate that bears are gaining momentum. A renewed effort to push the price beneath the $2.5 support could lead to a decline to $2 or even $1.6.

呈下降趨勢的 20 日均線和中線附近的 RSI 表明空頭正在獲得動力。如果再次努力將價格推低至 2.5 美元支撐位以下，可能會導致價格跌至 2 美元甚至 1.6 美元。

Conversely, a bounce from the $2.5 support would indicate strong defense by the bulls, leading to another attempt to climb towards the 20-day EMA. Surpassing $3.2 would suggest the end of the corrective phase.

相反，從 2.5 美元支撐位反彈將表明多頭的強勢防禦，導致再次嘗試攀升至 20 日均線。超過 3.2 美元將表明修正階段結束。