比特币（BTC）失去了关键的支持水平

随着市场努力寻找需求，比特币失去了关键的支持水平，从而使熊获得动力。

In a bleak outlook for Bitcoin, fear is now setting in across the market as crucial support levels are lost and bears gain momentum. With uncertainty in the broader financial markets also rising, analysts are calling for further corrections from Bitcoin.

在对比特币的黯淡前景中，随着关键的支持水平损失并且熊的增长势头，恐惧现在正在整个市场中。由于更广泛的金融市场的不确定性也在上升，分析师呼吁对比特币进行进一步的更正。

Bitcoin has dropped over 28% from its late January highs, and concerns are growing that bears could take prices even lower in the coming weeks. However, data from CryptoQuant reveals BTC currently has an 80% correlation with the S&P 500 index.

比特币从1月下旬的高点开始下降了28％，并且担心熊在接下来的几周内可能会降低价格。但是，来自CryptoQuant的数据显示，BTC目前与标准普尔500指数有80％的相关性。

This suggests that any movement in traditional markets could heavily influence Bitcoin’s next move, with macro factors like interest rate expectations and stock market trends being closely followed. While some analysts believe BTC could stabilize around current levels, others warn the ongoing downtrend could continue.

这表明，传统市场中的任何运动都可能严重影响比特币的下一步行动，宏观因素诸如利率预期和股票市场趋势都受到了遵循。尽管一些分析人士认为BTC可以在当前水平上稳定下来，但其他分析人士警告说，正在进行的下降趋势可能会继续下去。

Bitcoin could move into lower demand zones if bulls fail to regain control, and the next few days will be critical. Bitcoin’s ability to hold key levels or break lower could define its short-term and long-term trajectory in this volatile market environment.

如果公牛无法恢复控制权，比特币可能会进入较低的需求区域，接下来的几天将是至关重要的。比特币保持关键水平或下降的能力可以定义其在这个动荡的市场环境中的短期和长期轨迹。

Bitcoin Faces Further Risks

比特币面临进一步的风险

Bitcoin is massively down as fear now sets in across the market amid rising risks of further declines. The situation isn’t pretty, especially with the U.S. stock market also struggling to confirm an uptrend amid growing economic uncertainty.

由于恐惧的进一步下降风险增加，比特币的局势大大减少。这种情况并不是很美，尤其是在美国股票市场也在努力确认经济不确定性的增长趋势。

Over the past few weeks, volatility and uncertainty have increased, especially as Trump’s policies come into play, impacting both traditional and digital asset markets. Now, top analyst Axel Adler shares an analysis on X, revealing the S&P 500 is likely to pull back another 5%.

在过去的几周中，波动性和不确定性增加了，尤其是当特朗普的政策发挥作用时，影响了传统和数字资产市场。现在，顶级分析师阿克塞尔·阿德勒（Axel Adler）在X上分析了分析，表明标准普尔500指数可能会再降低5％。

This is according to the macro reports he read, and it’s crucial because Bitcoin currently has an 80% correlation with the index. Any further downside in traditional markets could directly impact BTC’s price action.

根据他阅读的宏观报道，这是至关重要的，因为比特币目前与指数有80％的相关性。传统市场中的任何进一步缺点都可能直接影响BTC的价格行动。

If Adler’s prediction is accurate, then Bitcoin is likely to continue its price drops, potentially moving into lower demand levels as the macro trends aren’t favorable for a swift recovery.

如果Adler的预测准确，那么比特币可能会继续下跌，可能会进入较低的需求水平，因为宏观趋势不利于快速恢复。

The next few weeks will be crucial as Bitcoin struggles to find strong support. With macro uncertainty rising and investors remaining fearful, BTC must hold above key demand zones to avoid an extended bearish phase.

接下来的几周将至关重要，因为比特币努力寻找强有力的支持。随着宏观不确定性的上升，投资者仍然令人恐惧，BTC必须超过关键需求区域，以避免持续的看跌阶段。

If stocks recover, then BTC could follow, but if the S&P 500 pulls back further, then BTC could see even more downside before finding stability.

如果库存恢复，则可以跟随BTC，但是如果标准普尔500指数进一步向后拉，那么BTC可能会在找到稳定性之前看到更多的缺点。