5個信號本週不忽略比特幣

比特幣在陷入困境的水域中航行，在反彈的希望和對回調的恐懼之間。本週，有5個決定性因素可以塑造其軌跡

Bitcoin price action has been closely watched in recent times, as the world's largest cryptocurrency navigates a turbulent market landscape. Between hopes of a recovery and fears of a pullback, several key signals are emerging that could decisively shape BTC's trajectory this week. Here are 5 crucial elements to watch.

最近，隨著世界上最大的加密貨幣導航動蕩的市場景觀，比特幣價格行動最近受到關注。在恢復的希望和對回調的恐懼之間，出現了一些主要信號，可以決定本週BTC的軌跡。這是5個關鍵要素。

1. Bitcoin tests a key support around $90,000

1。比特幣測試密鑰支撐大約90,000美元

After the Bybit hack last Friday, Bitcoin price encountered resistance at $92,000 and pulled back slightly. However, the crucial support around $90,000 remained intact. As the weekend approached, Bitcoin price largely consolidated within a narrow range, awaiting fresh directional cues.

在上週五的拜百比（Bybit）黑客攻擊之後，比特幣的價格遇到了92,000美元的阻力，並略有退縮。但是，至關重要的支持約為90,000美元。隨著周末的臨近，比特幣價格在狹窄的範圍內大部分固結，等待新的定向線索。

Traders are keeping an eye on the liquidity levels and anticipating a battle between buyers and sellers at key price points. Some traders see a bullish potential towards $94,700, while others expect a return towards $90,000 before a possible recovery.

貿易商一直在關注流動性水平，並預計以關鍵價格的買賣雙方之間的鬥爭。一些交易者看到了94,700美元的看漲潛力，而另一些交易者則預計在可能的恢復之前將回報到90,000美元。

2. US inflation and the risk of stagflation

2。美國通貨膨脹和陷阱的風險

One major macroeconomic event that will be closely watched this week is the publication of the PCE index on February 28. The Personal Consumption Expenditures (PCE) index is the Federal Reserve's preferred measure of inflation. Economists polled by Trading Economics expect the PCE index to rise by 0.5% month-over-month in January, following a 0.4% increase in December.

本週將在2月28日發布PCE指數的一項重大宏觀經濟事件。個人消費支出（PCE）指數是美聯儲對通貨膨脹的首選措施。通過交易經濟學進行調查的經濟學家預計，在12月增長0.4％的情況下，PCE指數將在1月增長0.5％。

The PCE index is a broad measure of inflation that takes into account both goods and services. It is also adjusted for seasonal changes. A higher-than-expected reading could put pressure on the Federal Reserve to raise interest rates more quickly, which would likely be bearish for Bitcoin and other risky assets.

PCE指數是一種考慮到商品和服務的廣泛通貨膨脹量。它還進行了調整以進行季節性變化。比預期更高的閱讀可能會對美聯儲更快地提高利率的壓力，這對於比特幣和其他風險資產可能是看跌的。

3. Gold rising sharply despite a strong dollar

3。儘管美元很強，黃金急劇上升

Another interesting development in the financial markets this week is the sharp rise in the price of gold. Gold typically benefits from inflation, as it is seen as a store of value. However, the strong dollar this year has put pressure on gold, as a strong dollar makes it more expensive for foreign buyers to purchase gold.

本周金融市場的另一個有趣的發展是黃金價格的急劇上漲。黃金通常受益於通貨膨脹，因為它被視為價值存儲。但是，今年的強勁美元對黃金施加了壓力，因為強勁的美元使外國買家購買黃金的價格更高。

Despite this headwind, gold price continues to break historical records, rallying to its highest level in seven months. Interestingly, gold and the dollar are rising simultaneously, which is a rare phenomenon. Some analysts believe that Bitcoin often follows gold with a lag of three to six months, which could signal a significant rise for BTC in the coming months.

儘管有這種逆風，金價仍在繼續打破歷史記錄，在七個月內將其集結到最高水平。有趣的是，黃金和美元同時上升，這是一種罕見的現象。一些分析人士認為，比特幣經常遵循三到六個月的黃金，這可能表明在未來幾個月中，BTC的幅度顯著增加。

4. A volatility at its lowest, signaling a major movement

4。最低的波動性，標誌著主要運動

Another technical indicator that is closely watched by Bitcoin traders is the realized volatility. The realized weekly volatility of Bitcoin is currently at 28.9, close to its historical lows. Such compression levels have historically preceded significant market movements.

比特幣交易者密切關注的另一個技術指標是實現的波動性。比特幣的實現每週波動率目前為28.9，接近其歷史低點。這種壓縮水平在歷史上已經進行了重大的市場發展。

The low interest from buyers and sellers at key price points is creating a tense expectation, suggesting that a violent movement, bullish or bearish, is imminent.الخامس. Decline in on-chain activity and investor sentiment

買賣雙方以關鍵價格的低興趣是建立了緊張的期望，這表明迫在眉睫的暴力運動或看跌是迫在眉睫的。鏈上活動和投資者情緒下降

Finally, some on-chain metrics and measures of investor sentiment are also showing signs of a slowdown in activity. Bitcoin network indicators, such as the number of active addresses and the ETF demand, are both declining.

最後，一些鏈上指標和投資者情緒的度量也表明了活動放緩的跡象。比特幣網絡指標（例如活動地址的數量和ETF需求的數量）都在下降。

CryptoQuant compares this trend to previous corrections in the bullish cycle, where on-chain activity typically slows down as the price peaks. The Fear & Greed Index also stagnates in neutral territory this week, highlighting the persistent uncertainty in the market.

加密量將這一趨勢與看漲週期中的先前校正進行了比較，在看漲週期中，鍊鍊活動通常會隨著價格達到峰值而減慢。恐懼和貪婪指數本周也停滯在中立領土上，強調了市場的持續不確定性。