巨大销售压力后，比特币（BTC）下降到关键的支持水平以下

在大规模销售压力席卷市场之后，比特币（BTC）的交易水平低于关键支持水平。自1月下旬以来，BTC损失了其价值的29％以上，这加剧了投资者的恐惧和不确定性。

Bitcoin price is struggling to stay above crucial support levels as massive selling pressure continues to sweep through the market. Since late January, BTC has lost over 29% of its value, fueling fear and uncertainty among investors.

随着巨大的销售压力继续席卷市场，比特币的价格正在努力保持高于关键的支持水平。自1月下旬以来，BTC损失了其价值的29％以上，这加剧了投资者的恐惧和不确定性。

As global trade war fears intensify and volatile macroeconomic conditions shake the crypto and U.S. stock markets, traders are bracing for further downside risk.

随着全球贸易战的担忧加剧，宏观宏观经济状况动摇了加密货币和美国股票市场，交易者正在为进一步的下行风险做好准备。

Bitcoin Bounces Off 200-Day MA After Striking Key Resistance

击打钥匙阻力后，比特币弹跳了200天的MA

Market sentiment remains overwhelmingly bearish as Bitcoin fails to hold key technical levels. Crypto analyst Daan shared a technical analysis on X, revealing that BTC has broken below the Daily 200-Moving Average (MA) and has now retested it as resistance.

由于比特币无法保持关键技术水平，市场情绪仍然绝大多数是看跌。加密分析师Daan在X上分享了一项技术分析，表明BTC已损坏了每日200个流动的平均水平（MA），现在已将其重新测试为电阻。

According to the analyst, this pattern usually signals a continuation of the same price trend, which in this case, is bearish.

根据分析师的说法，这种模式通常标志着相同价格趋势的延续，在这种情况下，这是看跌。

“This is the 4th time in history that Bitcoin closed the 200-day MA (now EMA) over 200 days ago and later tested it again from below. In the previous three instances, it led to a continuation of the same price trend,” Daan explained.

“这是比特币在200天前关闭200天MA（现为EMA）的第四次，后来从下面再次对其进行了测试。在前三个实例中，这导致了相同的价格趋势的延续。” Daan解释说。

With Bitcoin struggling to regain momentum, the next major move will depend on whether bulls can reclaim lost ground or if further selling pressure will drive BTC toward lower support levels.

随着比特币努力恢复动力，下一个重大行动将取决于公牛是否可以恢复失落的地面，或者进一步的销售压力是否会使BTC降低支持水平。

As uncertainty grows, investors remain cautious, waiting for clear signals before making significant moves. The coming days will be crucial in determining whether Bitcoin can stabilize or if the current downtrend will continue.

随着不确定性的增长，投资者保持谨慎，等待明确的信号，然后再采取重大举措。接下来的日子对于确定比特币是否可以稳定或当前下降趋势将继续进行至关重要。

Bitcoin Remains In Downtrend As Fear Deepens

随着恐惧加深，比特币仍处于下降趋势

Bitcoin has been in a persistent downtrend since late January, with fear continuing to set lower price targets among investors. Many are now wondering if the BTC bull cycle is over, as selling pressure intensifies and market sentiment turns increasingly bearish.

自1月下旬以来，比特币一直处于持续的下降趋势，而担心会继续在投资者中设定较低的价格目标。现在，许多人想知道BTC公牛周期是否结束，因为销售压力加剧，市场情绪越来越持续。

The uncertainty surrounding macroeconomic conditions has fueled this decline, with volatility increasing since the U.S. elections in November 2024. Given the ongoing trade war fears and unstable global markets, it seems that this period of uncertainty will continue to weigh on Bitcoin's price action.

自2024年11月美国大选以来，围绕宏观经济状况的不确定性加剧了这种下降。鉴于持续的贸易战恐惧和不稳定的全球市场，似乎这一不确定性时期将继续权衡比特币的价格行动。

Crypto analyst Daan recently shared technical insights on X, highlighting that BTC lost the 200-day moving average (MA) and has now retested it as resistance. This signals that bears remain in control, and bulls have a lot of work to do to reclaim this level.

加密分析师Daan最近在X上分享了技术见解，强调BTC失去了200天的移动平均线（MA），现在已将其重新测试为阻力。这种信号仍然处于控制状态，公牛队为收回这一水平有很多工作要做。

According to Daan, Bitcoin experienced a similar scenario last year, where price action chopped around these levels for over three months before breaking out. If history repeats itself, BTC could be entering another extended consolidation phase, keeping prices range-bound for months.

根据Daan的说法，去年比特币经历了类似的情况，在爆发之前，价格动作在这些水平上划分了三个月。如果历史重演，BTC可能会进入另一个扩展的合并阶段，从而使价格有限数月。

However, if bulls fail to reclaim the 200-day MA/EMA, further downside could follow, bringing Bitcoin to even lower price levels. With bears still in control, the market remains highly fragile, and investors are watching closely to see whether BTC can stabilize or if another major drop is on the horizon. The next few weeks will be critical as Bitcoin either finds a foothold or continues deeper into bearish territory.

但是，如果公牛无法收回200天的MA/EMA，则可能会进一步的缺点，从而使比特币达到更低的价格水平。由于熊仍处于控制状态，市场仍然很脆弱，投资者正在密切关注，以查看BTC是否可以稳定，还是另一个主要跌幅即将到来。接下来的几周将是至关重要的，因为比特币要么找到立足点，要么继续进入看跌领土。