比特币（BTC）市场情绪仍然很高，尽管纠正了-11％，但立场可能会创建有利的政策

尽管比1月20日的历史最高点下降了11％，但比特币仍在散户投资者中保持吸引力。

Bitcoin price has experienced an 11% decline from its January 20 all-time high, yet it continues to maintain strong appeal among retail investors. On-chain data from Santiment reveals that many traders still view BTC as a “safe haven” asset, especially as altcoins undergo significant corrections.

比特币价格从1月20日的历史最高水平下降了11％，但它继续在散户投资者中保持强烈的吸引力。 Santiment的链链数据表明，许多交易者仍然将BTC视为“避风港”资产，尤其是当山寨币经过重大更正时。

Unlike previous downturns where panic selling dominated, the current sentiment toward Bitcoin remains optimistic, with many traders viewing the recent price drop as a relative safe haven within the market. As altcoins have undergone heavy retraces, traders have flocked back into BTC.

与以前的恐慌销售主导的下滑不同，当前对比特币的情绪仍然乐观，许多交易者将最近的价格下跌视为市场上的相对避风港。由于山寨币经历了重大回试，交易者涌入了BTC。

There is also continued optimism that Trump’s pro-crypto policies, particularly in relation to institutional adoption and regulatory clarity, will contribute toward another leg up in Bitcoin’s price performance.

也有持续的乐观情绪，特朗普的亲克赖特托政策，尤其是在机构采用和监管方面的方面，将有助于比特币的价格绩效的另一个领域。

One major factor contributing to this positive outlook is the growing belief that former U.S. President Donald Trump’s pro-crypto stance could create favorable policies for the industry. Many investors anticipate that regulatory clarity and institutional adoption will strengthen Bitcoin’s position, potentially triggering a fresh rally.

促成这种积极前景的一个主要因素是，越来越多的信念是，前美国总统唐纳德·特朗普（Donald Trump）的亲克赖特托（Crypto）立场可以为该行业制定有利的政策。许多投资者预计，监管清晰度和机构采用将加强比特币的立场，并有可能引发新的集会。

The Risk Of Overconfidence In Market Trends

市场趋势过度自信的风险

While Bitcoin’s long-term outlook looks healthy, sometimes excessive bullishness creates a case for a shakeout in the marketplace. According to Santiment, when bullish sentiment is extreme, a correction tends to follow. Individual investors act emotionally, and causing abrupt price movements.

尽管比特币的长期前景看起来很健康，但有时过多的看涨却为市场上的摇摆不定。根据santiment的说法，当看涨的情绪是极端的时，就会采取更正。个人投资者在情感上采取行动，并导致价格变动。

If BTC retracts again, smaller investors may over panic and sell, creating a chance for long-term investors to buy at bargain prices. Historically, such retracts have posed no problem for long-term investors, and long-term investors have continued buying Bitcoin through such fluctuations, supporting the view that the asset continues to be a sound store of value in the face of near-term fluctuations in price.

如果BTC再次撤回，那么较小的投资者可能会过时恐慌和出售，为长期投资者提供便宜的价格购买机会。从历史上看，这种缩回对长期投资者来说没有任何问题，而长期投资者继续通过这种波动购买比特币，支持这样的观点，即面对近期波动的资产仍然是一个有价值的商品。价格。

Bitcoin’s Potential Cycle Top: $170K-$350K

比特币的潜在循环顶部：$ 170K- $ 350K

Crypto market observer EGRAG CRYPTO has forecasted ambitious BTC price targets for its future cycle high through Fibonacci extensions and its price behavior in the past. In his analysis, three key markers coincide in the $170K-$200K range, and it’s a level one must pay attention to.

加密市场观察者Egrag Crypto预测了雄心勃勃的BTC价格目标，其未来周期通过斐波那契的扩展和过去的价格行为。在他的分析中，三个关键标记在$ 170k- $ 200k的范围内重合，这是一个必须关注的级别。

By examining BTC’s performance with its 10-month moving average in past bull cycles, its previous gains have ranged between 460% and 1000%. In case Bitcoin experiences its minimum historical gain, its price can go up to $365K in a blow-off top scenario.

通过在过去的牛周中检查BTC的10个月移动平均水平，其先前的收益在460％至1000％之间。如果比特币经历其最低历史收益，则其价格可以在吹捧的最高场景中高达36.3万美元。

However, more conservatively, forecasts for a future peak vary between $170K and $200K, with a range of $250K-$350K for a deeper bull run. All of these price values, even at a speculative level, follow in accordance with previous cycles, providing a basis for a repeat bull run of record-setting proportion.

但是，更保守的是，未来峰值的预测在$ 170万至20万美元之间，售价为25万美元至35万美元，售价为35万美元。所有这些价格值，即使在投机级别上，都按照先前的周期遵循，为重复的记录比例的牛跑提供了基础。

What Lies Ahead For Bitcoin?

比特币面临什么？

Despite the price fluctuations, long-term Bitcoin trends are positive. Institutional investors’ interest keeps growing, and buying during dips in the market proves confidence in the future value of the asset. Still, investors have to exercise caution, for market moods can change in a matter of seconds.

尽管价格波动波动，但长期比特币趋势还是积极的。机构投资者的利益不断增长，在市场上的下降期间购买证明了对资产的未来价值的信心。尽管如此，投资者仍必须谨慎行事，因为市场情绪可能会在几秒钟内发生变化。

Retail optimism can generate near-term pull-backs in anticipation of a long-term rallying taking shape. History will most likely have a strong positive direction, but Bitcoin’s journey toward new record highs will most likely depend on macroeconomics, investors’ moods, and regulators’ actions in the near future.

零售乐观可以产生近期的下拉，预期长期的集会形成。历史很可能会有很大的积极方向，但是比特币在不久的将来取决于宏观经济，投资者的情绪和监管机构的行动，比特币的旅程很可能取决于宏观经济学，投资者的情绪和监管机构的行动。