比特幣顯示出早期恢復的跡象，因為它的交易高於關鍵需求水平

比特幣顯示出早期恢復的跡象，因為它在銷售壓力繁重和宏觀經濟不確定性上升後，其交易高於關鍵需求水平。

Bitcoin (BTC) showed early signs of recovery as it traded above key demand levels following weeks of heavy selling pressure and rising macroeconomic uncertainty. After plunging more than 29% from its all-time high (ATH) of $109,000 in January, BTC managed to bounce over 7% from its recent low of $81,000 recorded last Tuesday.

比特幣（BTC）在數週的銷售壓力和宏觀經濟不確定性上升後，比特幣（BTC）恢復了早期的恢復跡象。在一月份的歷史最高水平（ATH）跌幅超過29％之後，BTC從上週二記錄的81,000美元的低點彈起了7％以上。

This rebound sparked cautious optimism among market participants, although analysts remained divided on Bitcoin’s next move. Some opined that the recent rally could be short-lived and mark the beginning of a prolonged bear market. Others argued that Bitcoin’s long-term fundamentals remained strong and that a bullish continuation was still possible.

這種反彈引發了市場參與者的謹慎樂觀情緒，儘管分析師在比特幣的下一步行動上仍然存在分歧。一些人認為最近的集會可能是短暫的，並標誌著長時間熊市的開始。其他人則認為，比特幣的長期基本面仍然很強大，而且看漲仍然是可能的。

One encouraging sign during this period came from institutional flows. For the fourth consecutive trading session, net USD inflows into U.S. Spot Bitcoin ETFs remained positive, according to top analyst Axel Adler, who shared the on-chain data via X.

在此期間，一個令人鼓舞的跡象來自機構流動。據頂級分析師阿克塞爾·阿德勒（Axel Adler）稱，在連續第四次交易會議上，淨美元匯入美國現貨比特幣ETF仍然是積極的。

The total amount added to these ETFs during this period reached $632 million, highlighting continued interest from institutional investors despite market turbulence. As these inflows strengthened Bitcoin’s on-chain demand, bulls could gain the momentum needed to push prices toward critical resistance levels.

在此期間，這些ETF的總金額達到了6.32億美元，儘管市場動盪，但仍來自機構投資者的持續利息。隨著這些流入加強了比特幣的鍊鍊需求，公牛可以獲得將價格推向關鍵阻力水平所需的勢頭。

While uncertainty still hung over the broader financial markets—driven by inflation fears, interest rate speculation, and geopolitical tensions—Bitcoin appeared to be at a crucial crossroads where demand from ETFs may play a decisive role in shaping its next major move.

儘管不確定性仍然存在於更廣泛的金融市場，這是由於通貨膨脹恐懼，利率投機和地緣政治緊張局勢所驅動的，Bitcoin似乎處於至關重要的十字路口，在這種十字路口中，ETF的需求可能在塑造其下一個重大行動中起決定性作用。

Bitcoin price analysis: Bulls need to defend $85.5K as more technical support is lost

比特幣價格分析：隨著損失更多的技術支持，公牛需要捍衛$ 85.5K

Bitcoin is now trading above key support levels, but bulls still have work to do to confirm a full recovery. Since late January, global markets have been pressured by growing trade war tensions and unpredictable actions by U.S. President Trump, including aggressive tariff policies and foreign policy shifts. These developments have added volatility across risk assets, from crypto to equities, and dampened hopes for a strong bull run in 2025.

比特幣現在正在超過關鍵支持水平的交易，但是公牛仍然需要做一些工作來確認全面恢復。自1月下旬以來，美國總統特朗普的貿易戰緊張局勢和不可預測的行動施加了壓力，包括積極的關稅政策和外交政策的轉變。這些事態發展增加了從加密貨幣到股票的風險資產的波動性，並希望在2025年越來越強烈的公牛運行。

While recession fears are spreading and talk of a broader bear market continues to surface, some analysts believe Bitcoin’s long-term trend could remain intact. One encouraging sign comes from institutional demand.

儘管經濟衰退的恐懼正在蔓延，並且對更廣闊的熊市市場的討論持續浮出水面，但一些分析家認為比特幣的長期趨勢可能仍然完好無損。一個令人鼓舞的信號來自機構需求。

Top analyst Axel Adler shared on-chain data via X, revealing that net USD inflows into U.S. Spot Bitcoin ETFs have stayed positive for the fourth consecutive trading session. The total amount added to these ETFs during this period reached $632 million, highlighting renewed confidence from institutions.

頂級分析師阿克塞爾·阿德勒（Axel Adler）通過X共享了鏈上的數據，表明淨美元向美國的現貨比特幣ETF在連續第四次交易中保持陽性。在此期間，這些ETF的總金額達到了6.32億美元，強調了機構的新信心。

This consistent inflow signals continued interest from institutional investors despite market turbulence. As these inflows strengthen Bitcoin’s on-chain demand, bulls could gain the momentum needed to push prices towards critical resistance levels.

儘管市場動盪，但這種穩定的流入信號仍來自機構投資者的興趣。隨著這些流入增強比特幣的鍊鍊需求，公牛可能會獲得將價格推向關鍵阻力水平所需的勢頭。

However, the broader financial markets remain in uncharted territory, with persistent inflation fears, interest rate speculation, and geopolitical tensions keeping traders on edge. This macro environment will likely influence how Bitcoin performs in the coming days and weeks.

但是，更廣泛的金融市場仍在未知的領土上，持續的通貨膨脹恐懼，利率投機和地緣政治緊張局勢使貿易商處於優勢。這種宏觀環境可能會影響比特幣在未來幾天和幾週內的性能。

As Bitcoin price approaches a crucial crossroads, demand from ETFs may play a decisive role in shaping its next major move.

隨著比特幣價格接近至關重要的十字路口，ETF的需求可能在塑造其下一個重大舉動方面發揮決定性作用。