比特币（BTC）继续承受巨大的销售压力

随着全球贸易战争的恐惧和宏观经济不确定性燃料市场的恐惧，比特币（BTC）继续承受着巨大的销售压力。

Bitcoin (BTC) has been experiencing massive selling pressure in recent times, largely driven by global trade war fears and macroeconomic uncertainty that has sparked fear in the market.

比特币（BTC）近来一直遇到巨大的销售压力，这在很大程度上是由于全球贸易战的恐惧和宏观经济不确定性引起了市场恐惧的驱动。

The price has been holding above the critical $80K level but remains stuck below $85K, failing to establish a clear short-term direction. As investors remain hesitant to take major positions, BTC is in a fragile state, where both bulls and bears are patiently waiting for the next major move.

价格一直在关键的8万美元水平上，但仍处于8.5万美元以下，未能建立明确的短期方向。由于投资者仍然犹豫要担任主要职务，BTC处于脆弱状态，公牛和熊队都在耐心地等待下一个重大行动。

However, despite the current uncertainty, key market metrics suggest a moderately bullish sentiment in the Bitcoin options market. There is a greater concentration of contracts and trading volumes in call options, indicating that some traders are positioning for potential upside.

但是，尽管目前存在不确定性，但主要市场指标表明比特币期权市场中的看涨情绪。在呼叫选项中，合同和交易量的集中度更高，这表明某些交易者正在定位潜在上升空间。

The next few trading sessions will be crucial, as Bitcoin must either reclaim key resistance levels to confirm a recovery or risk further downside pressure if sellers continue to dominate. With the options market hinting at potential upside and BTC’s price action remaining uncertain, traders are closely monitoring key support and resistance zones.

接下来的几个交易会议将是至关重要的，因为比特币必须恢复关键阻力水平，以确认恢复或冒险，如果卖方继续占据主导地位，则必须进一步降低下行压力。随着期权市场的暗示，潜在上升空间，而BTC的价格行动仍然不确定，交易者正在密切监视关键支持和阻力区。

Bitcoin Market Signals Suggest A Potential Rebound

比特币市场信号表明潜在的反弹

Bitcoin has dropped nearly 20% since the start of the month, with bears largely in control as they push prices lower. The chart shows an attempt by bulls to stabilize the price above the 200-day moving average (MA) at the $80K level.

自本月初以来，比特币已下降了近20％，随着熊的推动价格降低，比特币在很大程度上受到了控制。该图表显示，公牛队的尝试将价格稳定在200天移动平均水平（MA）水平上。

But unless bulls quickly regain momentum and push BTC above the 200-day exponential moving average (EMA) at $85,500, the downtrend could continue.

但是，除非公牛迅速恢复动量并将BTC推高200天的指数移动平均线（EMA）为85,500美元，否则下降趋势可能会继续下去。

Some analysts believe that BTC could be gearing up for a massive recovery once it stabilizes above $80K and reclaims the $90K mark.

一些分析师认为，一旦稳定超过$ 80K并收回了90,000美元的大关，BTC可能会为大规模恢复做好准备。

Despite short-term weakness, Bitcoin’s long-term fundamentals remain strong. Institutional adoption continues to expand, and US President Donald Trump’s plan to establish a Strategic Bitcoin Reserve could serve as a major catalyst for future price movements.

尽管短期弱点，比特币的长期基本面仍然很强。机构采用不断扩大，美国总统唐纳德·特朗普（Donald Trump）建立战略比特币储备的计划可以作为未来价格变动的主要催化剂。

If demand increases and confidence returns, BTC may see a significant push toward new highs.

如果需求增加和信心回报，BTC可能会看到新高点的重大推动力。

Top analyst Axel Adler shared insights on X (formerly Twitter) into the derivatives market. According to recent data, there is a greater concentration of contracts and trading volumes in call options than put options.

顶级分析师阿克塞尔·阿德勒（Axel Adler）在X（以前是Twitter）上分享了衍生品市场的见解。根据最近的数据，呼叫选项中的合同和交易量要比POT选项更加集中。

This imbalance suggests that some traders are positioning for potential upside, anticipating a rebound from current price levels. However, there are also large put option positions in the $75,000-$85,000 range, indicating that investors are hedging against further downside risks.

这种不平衡表明，一些交易者正在定位潜在的上行空间，预计目前的价格水平会有反弹。但是，在$ 75,000- $ 85,000的范围内也有大量的PUT期权头寸，这表明投资者正在对冲进一步的下行风险。

This hedging activity signals uncertainty and the potential for high volatility, making BTC’s next move highly unpredictable. The coming weeks will be crucial, as Bitcoin must either reclaim higher levels to confirm a recovery or risk further declines if selling pressure continues. Traders are closely monitoring price action, waiting for a decisive breakout in either direction.

这种对冲活动信号的不确定性和高波动性的潜力，这使得BTC的下一步行动极为不可预测。接下来的几周将是至关重要的，因为比特币必须收回更高的水平以确认恢复，或者如果销售压力继续持续，则可能会进一步下降。交易者正在密切监视价格行动，等待任何一个方向的决定性突破。

Bulls Fight To Reclaim Key Levels

公牛争取收回关键水平

Bitcoin is currently trading at $84,000, attempting to hold above the 200-day MA around this level.

比特币目前的交易价格为84,000美元，试图超过该水平的200天MA。

Bulls need to regain momentum quickly and push BTC above the 200-day EMA at $85,500 to establish a foundation for a potential recovery. However, the MACD indicator is still in sell mode, and RSI is approaching the neutral 50 level, indicating that momentum remains largely with sellers.

公牛需要迅速恢复动力，并将BTC推高为200天EMA的$ 85,500，以建立潜在恢复的基础。但是，MACD指标仍处于销售模式，RSI接近中性50级，表明动量在很大程度上与卖方保持不变。

But if bulls manage to stabilize the price and drive it back above $85K, it could signal a shift in balance, putting more pressure on bears to defend remaining support.

但是，如果公牛设法稳定价格并将其拖回85,000美元以上，则可能标志着平衡的转变，对熊施加更大的压力，以捍卫剩余的支持。

However, if bulls fail to reclaim the $85K level, Bitcoin could face renewed selling pressure, leading to a potential drop below the critical $80K mark. This would further extend the current downtrend, increasing the risk of deeper corrections.

但是，如果公牛队未能收回85,000美元的水平，比特币可能会面临新的销售压力，从而导致潜在的下降以下，低于$ 80K的关键。这将进一步扩大当前的下降趋势，从而增加更深层校正的风险。

For BTC to confirm a recovery, it must break past the $90K mark, a key psychological and technical resistance. Reclaiming this level would signal renewed buyer confidence and could set the stage for a stronger rally.

为了使BTC确认恢复，它必须超越$ 90K Mark，这是一种关键的心理和技术抵抗力。收回此水平将表示重新获得买家的信心，并可能为更强大的集会奠定基础。

But failure to hold current support could lead to increased volatility and further downside risks, as seen during previous periods of strong selling.

但是，如前所述，未能持有目前的支持可能会导致波动性的增加和进一步的下行风险。

With Bitcoin hovering at crucial levels, the next few trading sessions will be critical in determining whether BTC can stabilize and regain lost ground or if the downtrend will continue toward lower support zones.

随着比特币在关键水平上徘徊，接下来的几个交易课程对于确定BTC是否可以稳定并恢复失落的地面或下降趋势是否会继续朝着较低的支撑区域降低至关重要。