比特幣在地緣政治動盪中動搖，但看漲前景完好

4 月 25 日，中東地緣政治緊張局勢導致多頭下跌 5%，比特幣 (BTC) 下跌。受中東最新事態發展影響，BTC/美元徘徊在 64,000 美元左右。儘管流動性有所增加，但仍有大量報價超過 64,000 美元，最低報價為 63,500 美元。交易員對比特幣的逐步復甦仍持樂觀態度，理由是融資利率健康。在灰階比特幣信託的推動下，美國現貨比特幣 ETF 出現淨流出。市場預計短期盤整，上行潛力有限。

Bitcoin Wobbles Lower Amidst Geopolitical Jitters, But Bullish Sentiment Persists

比特幣在地緣政治動盪中下跌，但看漲情緒依然存在

Bitcoin (BTC) witnessed a knee-jerk reaction to geopolitical developments on April 25, with its price dropping by approximately 5%. The initial dip to $63,575 coincided with escalating tensions in the Middle East. However, the digital asset attempted to establish support at $64,000 before the Wall Street open.

4 月 25 日，比特幣 (BTC) 對地緣政治發展做出了下意識的反應，其價格下跌了約 5%。最初跌至 63,575 美元，恰逢中東緊張局勢升級。然而，該數位資產試圖在華爾街開盤前在 64,000 美元處建立支撐。

Data from Cointelegraph Markets Pro and TradingView reveals the formation of a liquidity cloud on both sides of BTC's spot price. On the downside, a comparatively modest bid interest centered around $63,500, the local low. Conversely, a substantial cloud of asks emerged, starting at approximately $75 million at $64,765 and extending up to $67,700.

來自 Cointelegraph Markets Pro 和 TradingView 的數據揭示了 BTC 現貨價格兩側流動性雲的形成。不利的一面是，相對溫和的投標興趣集中在 63,500 美元左右，這是當地的最低價。相反，出現了大量的詢價，起價約為 7,500 萬美元，價格為 64,765 美元，最高可達 67,700 美元。

Notably, Bitcoin managed to fill one of two recently created CME Group futures gaps with its latest downside move. This technical development indicates a potential for slow but steady price recovery going forward.

值得注意的是，比特幣以其最新的下行走勢成功填補了芝商所最近產生的兩個期貨缺口之一。這項技術發展顯示未來價格有緩慢但穩定復甦的潛力。

Popular trader Daan Crypto Trades emphasized the "healthy" state of funding rates as a foundation for a gradual BTC price rebound. He cautioned against excessive long positions on the next bullish candle, highlighting the importance of maintaining a solid base for higher prices.

受歡迎的交易員 Daan Crypto Trades 強調資金利率的「健康」狀態是 BTC 價格逐步反彈的基礎。他警告不要在下一個看漲蠟燭上過度多頭頭寸，強調了維持更高價格的堅實基礎的重要性。

QCP Capital's "New York Color" market update observed a shift in crypto sentiment on low-timeframes, with expectations of capped upside and short-term consolidation in spot price.

QCP Capital 的「New York Color」市場更新觀察到加密貨幣情緒在低時間範圍內發生轉變，預計現貨價格上漲空間有限且短期盤整。

Meanwhile, the United States' spot Bitcoin exchange-traded funds (ETFs) experienced net outflows on April 24, primarily driven by Grayscale Bitcoin Trust (GBTC). Notably, BlackRock's largest ETF offering witnessed zero inflows, an unusual occurrence.

同時，美國現貨比特幣交易所交易基金（ETF）在 4 月 24 日出現淨流出，這主要是由灰階比特幣信託（GBTC）推動的。值得注意的是，貝萊德最大的 ETF 產品資金流入為零，這是一個不尋常的現象。

Despite the recent volatility, Bitcoin's bullish prospects remain intact. The upcoming launch of spot ETFs in Hong Kong on April 30 marks another milestone in the institutional adoption of the world's leading cryptocurrency.

儘管最近出現波動，但比特幣的看漲前景仍然完好無損。即將於 4 月 30 日在香港推出現貨 ETF，標誌著機構採用全球領先加密貨幣的另一個里程碑。

Technical Analysis

技術分析

BTC/USD 1-hour chart:

BTC/美元1小時圖：

• The recent dip formed a support zone around $64,000.
• Liquidity clouds indicate potential resistance and support levels.
• A large cloud of asks suggests upside pressure.
• Modest bid interest at $63,500 provides downside support.

Market Sentiment

最近的下跌形成了 64,000 美元附近的支撐區域。

• Funding rates remain healthy, providing a basis for gradual price recovery.
• Sentiment has shifted towards short-term consolidation.
• Institutional adoption is on the rise with the launch of spot ETFs in Hong Kong.

Conclusion

資金費率保持健康，為價格逐步復甦奠定基礎。

While geopolitical uncertainties may trigger temporary price fluctuations, Bitcoin's long-term bullish outlook remains unchanged. The digital asset's resilience in navigating market volatility and the continued expansion of institutional adoption underscore its growing maturity and acceptance as a legitimate asset class. Investors are advised to exercise caution and conduct thorough research sebelum making any investment decisions.

儘管地緣政治的不確定性可能會引發暫時的價格波動，但比特幣的長期看漲前景保持不變。數位資產在應對市場波動方面的彈性以及機構採用的持續擴大凸顯了其作為合法資產類別的日益成熟和接受度。建議投資者謹慎行事，並在做出任何投資決定時進行徹底的研究。