比特幣飆昇在清算熱潮中受到質疑

Is Bitcoin's Surge Sustainable Amidst Liquidation Heat?

在清算熱潮中，比特幣的飆升是否可持續？

Bitcoin's recent surge has brought it to a trading price of $67,349, a 5% gain over the past day. However, this rally has been accompanied by a spike in liquidations, with over $165 million worth of leveraged crypto positions liquidated in the past 14 hours.

比特幣最近的飆升使其交易價格達到 67,349 美元，較過去一天上漲 5%。然而，這次反彈伴隨著清算的激增，過去 14 小時內清算了價值超過 1.65 億美元的槓桿加密貨幣部位。

Strong Support from the 20-Day EMA

20日均線的強勁支撐

Despite the liquidations, Bitcoin's price has found support above the 20-day EMA, currently sitting at $65,773. This is a significant technical level that has provided support in the past.

儘管出現清算，比特幣價格仍在 20 日均線上方找到支撐，目前為 65,773 美元。這是過去提供過支援的重要技術水準。

On-Chain Data Corroborates Support

鏈上數據證實支持

On-chain metrics from IntoTheBlock show that the current price range of $63,365 to $65,395 represents a significant support zone. Over 713,580 BTC were previously purchased within this range by approximately 1.07 million addresses.

IntoTheBlock 的鏈上指標顯示，目前 63,365 美元至 65,395 美元的價格範圍是一個重要的支撐區域。此前，約 107 萬個地址在此範圍內購買了超過 713,580 個 BTC。

Technical Indicators Signal Bullish Momentum

技術指標顯示看漲勢頭

Technical indicators such as the Relative Strength Index (RSI), 20-day, 50-day, and 100-day EMAs are all trending upwards, indicating that buyers remain in control. This suggests that Bitcoin could continue its uptrend, with potential targets at $68,000, $70,000, and even its all-time high above $73,800.

相對強弱指數（RSI）、20日、50日和100日EMA等技術指標均呈現上升趨勢，顯示買家仍處於掌控之中。這表明比特幣可能會繼續其上漲趨勢，潛在目標為 68,000 美元、70,000 美元，甚至超過 73,800 美元的歷史高點。

Downside Risks to Monitor

需要監控的下行風險

However, it's important to note that a daily candlestick close below the 20-day EMA could signal a potential reversal. The psychological level at $65,000 would then serve as a line of defense, followed by support from the 50-day EMA at $60,200 and the $60,000 demand zone.

然而，值得注意的是，每日燭台收盤價低於 20 日均線可能預示著潛在的反轉。 65,000 美元的心理水平將作為一道防線，隨後是 60,200 美元的 50 日均線和 60,000 美元的需求區域的支撐。

Conclusion

結論

While Bitcoin's recent rally has been impressive, the accompanying liquidations raise questions about its sustainability. However, technical indicators and on-chain data suggest that the current support level is strong enough to absorb any selling pressure. Traders should monitor the price action closely and be prepared for potential downside risks if the 20-day EMA breaks.

儘管比特幣最近的反彈令人印象深刻，但隨之而來的清算引發了人們對其可持續性的質疑。然而，技術指標和鏈上數據表明，目前的支撐位足以吸收任何拋售壓力。交易者應密切注意價格走勢，並為 20 日均線突破時潛在的下行風險做好準備。