儘管有90天的關稅停頓，但比特幣仍面臨不確定性

儘管在美國政府對新關稅的90天停頓之後，比特幣攀升至80,000美元以上，但領先的分析公司Swissblock認為該市場尚未確認真正的底層。

Despite Bitcoin (BTC) reclaiming the $80,000 level following the U.S. administration’s 90-day pause on new tariffs, leading analytics firm Swissblock says the market has yet to confirm a true bottom.

儘管比特幣（BTC）在美國政府對新關稅的90天停頓之後收回了80,000美元的水平，但領先的分析公司Swissblock表示，該市場尚未確認真正的底層。

In a post on X, Swissblock cautioned that recent gains in BTC don’t necessarily signal a clear breakout.

在X上的一篇文章中，SwissBlock警告說，最近的BTC收益並不一定標誌著明顯的突破。

“Don’t let your guard down yet! The 90-day trade war extension eases tensions, but we’re not out of the woods,” the firm warned.

該公司警告說：“不要讓您的警衛失望！為期90天的貿易戰爭延伸會緩解緊張局勢，但我們並沒有離開樹林。”

Bitcoin recently slid back into the $78,000–$79,000 range and has now risen above $80,000, but Swissblock says the rally lacks the strength and volume for a confirmed trend reversal.

比特幣最近滑回了78,000美元至79,000美元的範圍，現在已經上漲了80,000美元，但Swissblock表示，該集會缺乏確認趨勢逆轉的實力和量。

Bitcoin Risk Signal Still Flashing Caution

比特幣風險信號仍在謹慎

Swissblock’s proprietary Bitcoin Risk Signal—a composite indicator that tracks price behavior, on-chain metrics, and broader trading conditions—shows that while risks are manageable, they remain elevated.

Swissblock的專有比特幣風險信號（一個追踪價格行為，鏈指標和更廣泛的貿易條件的綜合指標），顯示了儘管風險是可管理的，但它們仍保持升高。

“Market risk must ease for a true bottom. It’s under control but still high. We are not yet in a low-risk regime,” Swissblock explained.

Swissblock解釋說：“市場風險必須放鬆。它正在控制，但仍然很高。我們還沒有處於低風險政權。”

Credit: Swissblock

圖片來源：瑞士集團

Bitcoin Bottom Formation Still in Progress

比特幣底部的形成仍在進行

According to Swissblock, Bitcoin remains in a classic “bottoming cycle,” transitioning from a bottom through a downtrend phase before moving into uncharted bullish territory.

根據Swissblock的說法，比特幣仍然處於經典的“底部周期”中，從底部到下降階段過渡，然後進入未知的看漲領土。

“We’re in a downtrend phase, which is normal. The bottom is close, but not confirmed,” they said, adding that price action still suggests caution.

他們說：“我們處於正常趨勢階段，這是正常的。底部是近距離的，但尚未確認。”他們補充說，價格動作仍然表明謹慎。

Key Level to Watch: $80,000

觀看的關鍵水平：$ 80,000

For Bitcoin to validate a bullish shift, it must maintain support above $80,000 and consolidate with strong volume, in the opinion of Swissblock.

為了使比特幣驗證看漲的轉變，它必須維持超過80,000美元的支持，並以強勁的價格鞏固了Swissblock。

“Bitcoin must hold $80,000 and consolidate to break the downward compression. Strength and volume are key for a bullish shift,” the firm said.

該公司說：“比特幣必須持有80,000美元，並合併以破壞向下壓縮。強度和數量是看漲的轉變的關鍵。”

As global markets remain on edge and macroeconomic uncertainty lingers, analysts and investors will be watching closely to see if BTC can convert this rebound into a full-scale reversal.

隨著全球市場保持邊緣和宏觀經濟不確定性的持續存在，分析師和投資者將密切關注，以查看BTC是否可以將這種反彈轉化為全尺度逆轉。