比特币在抛售和市场动荡中努力维持生存

比特币近期的上涨势头遇到阻力，导致抛售，将加密货币推至十天低点。令人失望的 ETF 表现和投资者的谨慎态度加剧了市场的波动，比特币突破了 61,000 美元的支撑位。不过，市场已表现出韧性，如果投资者信心和市场状况改善，则有可能出现反弹。

Amidst Selling Pressure, Bitcoin Grapples to Maintain Upward Trajectory

在抛售压力下，比特币努力维持上涨轨迹

Amidst escalating selling pressure and market volatility, Bitcoin's endeavors to sustain its upward momentum have faced formidable resistance. After a brief surge above $66,900 earlier this week, Bitcoin encountered a wave of sell-offs, resulting in a ten-day low of $61,600. This decline underscores the inherent volatility that characterizes the cryptocurrency market.

在抛售压力不断升级和市场波动的情况下，比特币维持上涨势头的努力面临着巨大的阻力。在本周早些时候短暂飙升至 66,900 美元上方之后，比特币遭遇了一波抛售，导致比特币跌至 61,600 美元的十日低点。这种下降凸显了加密货币市场固有的波动性。

The bearish sentiment was further exacerbated by lackluster performances in the exchange-traded fund (ETF) sector. Notably, newly listed ETFs launched in Hong Kong witnessed surprisingly low trading volumes. This underperformance contributed to a downward spiral, with Bitcoin shedding nearly 2% within an hour during European trading hours, breaching the critical $61,000 threshold. Ethereum, the second largest cryptocurrency by market capitalization, also fell victim to the broader market uncertainties, registering a decline of 2.8% to $3,128.

交易所交易基金（ETF）领域的低迷表现进一步加剧了看跌情绪。值得注意的是，在香港新上市的 ETF 交易量出人意料地低。这种表现不佳导致了螺旋式下跌，在欧洲交易时段，比特币在一小时内下跌了近 2%，突破了 61,000 美元的关键门槛。按市值计算的第二大加密货币以太坊也受到更广泛市场不确定性的影响，下跌 2.8% 至 3,128 美元。

Investor caution has become prominent, as evidenced by the recent slowdown in inflows to U.S.-based spot BTC ETFs. This has disrupted the previously steady uptrends in Bitcoin's price. However, the cryptocurrency market has demonstrated resilience, exemplified by a solo miner successfully mining a block. This feat underscores the robustness of the Bitcoin network against concerns of centralization post-halving.

最近流入美国现货 BTC ETF 的资金放缓就证明了投资者的谨慎态度已变得十分突出。这扰乱了比特币价格此前的稳定上涨趋势。然而，加密货币市场已经表现出了弹性，一个单独的矿工成功开采一个区块就是一个例子。这一壮举凸显了比特币网络的稳健性，消除了减半后中心化的担忧。

As traders navigate these turbulent market conditions, the immediate concern revolves around the potential breach of the $60,000 support level. Such a development could trigger further losses, with a potential target extending down to $52,000. Conversely, a rebound above the $65,000 resistance could pave the way for a rally towards $71,000, contingent upon regained investor confidence and favorable market conditions.

当交易者应对这些动荡的市场环境时，最紧迫的担忧是可能突破 60,000 美元的支撑位。这样的发展可能会引发进一步的损失，潜在目标将延伸至 52,000 美元。相反，反弹至 65,000 美元阻力位上方可能为反弹至 71,000 美元铺平道路，具体取决于投资者信心的恢复和有利的市场条件。

A Technical Examination of Bitcoin's Downtrend on the 4-Hour Chart

4 小时图上比特币下跌趋势的技术分析

An in-depth examination of Bitcoin's 4-hour chart reveals a clear downtrend, exemplified by the recent price movements. Since reaching highs around $66,000 earlier in April, Bitcoin has struggled to maintain upward momentum, consistently forming lower highs and lower lows – a classic bearish pattern. The moving average convergence divergence (MACD) has also crossed below the longer period line, further confirming the bearish sentiment in the market.

深入研究比特币的 4 小时图表，可以发现明显的下降趋势，最近的价格走势就是例证。自 4 月初达到 66,000 美元左右的高点以来，比特币一直难以保持上涨势头，不断形成更低的高点和更低的低点——这是一种典型的看跌模式。移动平均线收敛背离（MACD）也已下穿较长周期线，进一步证实了市场的看跌情绪。

In the latest trading sessions, Bitcoin has breached critical support levels, most notably slipping below the psychological mark of $62,000 and descending toward $60,000. The Relative Strength Index (RSI) is hovering around 37, indicating a near entry into oversold territory, but still allowing for further declines before a strong bullish reversal can be anticipated. Furthermore, the MACD histogram is expanding in the negative zone, suggesting increasing bearish momentum.

在最近的交易日中，比特币已经突破了关键支撑位，最明显的是跌破 62,000 美元的心理关口，并跌向 60,000 美元。相对强弱指数 (RSI) 徘徊在 37 左右，表明接近进入超卖区域，但在预计出现强劲看涨逆转之前，仍允许进一步下跌。此外，MACD柱状图在负区扩大，表明看跌势头增强。

Current market dynamics indicate that Bitcoin could continue to face selling pressure. If the downtrend persists and Bitcoin breaks below the recent low of $60,000, it could test further support near $59,000. This level could be crucial for traders watching for a potential bounce or a deeper plunge. On the flip side, if Bitcoin manages to stabilize and push above the moving averages, it could attempt to retest resistance near the $62,000 to $63,000 range. However, for a significant reversal, Bitcoin would need to sustain gains above these levels to shift the market sentiment decisively.

当前的市场动态表明，比特币可能继续面临抛售压力。如果下跌趋势持续并且比特币跌破近期低点 60,000 美元，则可能会进一步测试 59,000 美元附近的支撑位。对于观察潜在反弹或更深跌幅的交易者来说，这一水平可能至关重要。另一方面，如果比特币能够稳定并突破移动平均线，它可能会尝试重新测试 62,000 美元至 63,000 美元区间附近的阻力位。然而，要实现重大逆转，比特币需要将涨幅维持在这些水平之上，才能决定性地改变市场情绪。

In conclusion, Bitcoin's recent downward trend has raised concerns among investors, but the cryptocurrency market has demonstrated resilience in the past. As traders navigate these market gyrations, the key support and resistance levels mentioned above should be closely monitored to gauge the future direction of Bitcoin's price action.

总而言之，比特币近期的下跌趋势引起了投资者的担忧，但加密货币市场过去已经表现出了韧性。当交易者应对这些市场波动时，应密切监控上述关键支撑位和阻力位，以衡量比特币价格走势的未来方向。