看漲到2025年3月開始後，它的結束似乎已經在市場崩潰中結束

在看漲到2025年3月開始後，它的結束似乎在市場崩潰中結束了。今天，2025年3月28日，整個市場的價格大幅下降。

March 2025 began with bullish market trends, but recent developments have led to a market crash, closing the month on a sour note.

2025年3月始於看漲的市場趨勢，但最近的發展導致市場崩潰，並以酸味結束了。

Today, March 28, 2025, the market experienced a significant price decline. Among the major assets, Bitcoin (BTC) has finally lost its support and is poised for a massive price drop.

今天，2025年3月28日，市場的價格大幅下降。在主要資產中，比特幣（BTC）終於失去了支持，並有望大幅下跌。

Bitcoin (BTC) Technical Analysis and Upcoming Levels

比特幣（BTC）技術分析和即將到來的水平

As Stellar Lumens price analysis shows, the cryptocurrency is trading in the red as the market momentum has shifted in favor of the bears. Still, the bulls may try to defend the $83,500 level to avoid further losses.

正如恆星流明的價格分析所表明的那樣，由於市場動力轉移了熊的轉變，加密貨幣正在以紅色交易。儘管如此，公牛可能會試圖捍衛83,500美元的水平，以避免進一步的損失。

Between late February and early March 2025, BTC displayed impressive upside momentum while forming a bearish rising price action pattern on the daily timeframe. The BTC price has now broken out of the pattern, partially confirming its bearish outlook and opening the path for further price decline.

在2月下旬至2025年3月上旬之間，BTC表現出令人印象深刻的上升勢頭，同時在每日時間範圍內形成了看跌的價格動作模式。 BTC的價格現在已經淘汰了這種模式，部分證實了其看跌的前景，並為進一步的價格下跌開闢了道路。

According to expert technical analysis, if the BTC price continues to fall and closes a four-hour candle below the $83,500 mark, there is a strong possibility that it could drop by 6%, reaching the $78,500 level.

根據專家技術分析，如果BTC價格繼續下跌並關閉了低於83,500美元的四小時蠟燭，則很有可能會下降6％，達到78,500美元的水平。

Following the breakdown, the asset has also fallen below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating a weak and bearish trend.

分解後，資產也降至每日時間範圍的200個指數移動平均值（EMA）以下，表明趨勢較弱且看跌趨勢。

Current Price Momentum

當前的價格動力

At the time of writing, Bitcoin is changing hands at $83,850 and has seen a 4% price decline in the past 24 hours. However, during the same period, its trading volume surged by 25%, showing heightened participation from traders and investors compared to the previous day.

在撰寫本文時，比特幣以83,850美元的價格易手，過去24小時的價格下降了4％。但是，在同一時期，其交易量飆升了25％，與前一天相比，交易者和投資者的參與增加。

Traders Bearish Outlook

交易者看跌前景

Looking at the bearish market trend and continuous price decline, traders are strongly capitalizing on the trend and appear to be betting on the short side, as reported by the on-chain analytics firm Coinglass.

鑑於看跌市場的趨勢和持續價格下降，交易者強烈利用了這一趨勢，並且似乎在短方面押注，正如鍊分析公司Coinglass報導的那樣。

Data reveals that traders are currently over-leveraged at $86,000, where they have built $1.26 billion worth of short positions, hoping that the BTC price won’t cross this level anytime soon. Meanwhile, $83,500 is another over-leveraged level where traders have built $345 million worth of long positions, which are on the verge of liquidation and will be liquidated if the BTC price crosses this level.

數據表明，交易者目前的槓桿率為86,000美元，他們在那裡建立了價值12.6億美元的短職位，希望BTC價格不會很快超過此水平。同時，$ 83,500是另一個過度槓桿化的水平，在該水平上，交易者已經建立了價值3.45億美元的長頭寸，這將處於清算的邊緣，如果BTC價格越過此水平，將被清算。

This on-chain metric highlights that bears, who believe the market will fall, are currently dominating, while bulls seem to be exhausted.

這個鍊鍊度量的亮點（相信市場將會下降）目前是主導的，而公牛似乎筋疲力盡。