比特币（BTC）市场更新：尽管波动性波动，BTC仍表现出强度，但接下来的几天将是至关重要的

比特币进入一个关键阶段，波动性仍然很高，但是投资者的机会可能会更大。

Bitcoin price is facing serious selling pressure, as it has dropped below the $100K mark, raising concerns about a potential deeper correction. Since mid-January, BTC has been trading sideways, fluctuating between all-time highs (ATH) and the $97,750 level, struggling to find a clear direction.

比特币的价格正面临着严重的销售压力，因为它已跌至10万美元的成绩，这引起了人们对潜在更深入更正的担忧。自1月中旬以来，BTC一直在侧面交易，在历史高峰（ATH）和97,750美元之间的波动，努力寻找明确的方向。

Bitcoin price showed strength this week, rallying toward the $100K resistance zone once again. As BTC attempts to break through this key psychological level, the market is closely watching the price action and on-chain metrics to gauge the next move.

比特币的价格本周显示出强度，再次朝着10万美元的电阻区集会。随着BTC试图突破这一关键的心理层面，市场正在密切关注价格动作和链上指标，以评估下一步行动。

After setting a new ATH at $97,750 on January 15th, Bitcoin price encountered strong resistance at the six-figure mark. Since then, BTC has been consolidating in a narrow range, attempting to gather momentum for another breakout.

在1月15日将新ATH定为97,750美元之后，比特币价格在六位数的标记处遇到了强烈的阻力。从那时起，BTC一直在狭窄的范围内巩固，试图收集动力以进行另一个突破。

As Bitcoin price consolidates below $100K, key on-chain metrics are offering a different perspective on the marketの状態. According to CryptoQuant, BTC has not yet entered a zone of euphoria, based on the adjusted net unrealized profit/loss (aNUPL) indicators.

随着比特币价格巩固低于$ 10万美元的价格，关键的链链指标在市场上提供了不同的观点。根据CryptoQuant的说法，BTC尚未根据调整后的未实现的盈利/损失（ANUPL）指标进入欣快感区。

Historically, major bull market tops occur when aNUPL reaches 0.7–08, signaling overheated conditions. Currently, BTC sits at 0.4, reflecting moderate optimism and room for further growth if market conditions remain stable.

从历史上看，当Anupl达到0.7-08时，出现了主要的牛市顶部，这是信号过热的条件。目前，BTC处于0.4，如果市场状况保持稳定，则反映了中等的乐观和进一步增长的空间。

This analysis suggests that while Bitcoin price is making gains, it has not yet reached the extremes seen during previous bull market tops. This observation aligns with the market sentiment, which remains bullish but is also cautious about potential overextensions.

该分析表明，虽然比特币的价格正在增长，但尚未达到以前的牛市上涨期间的极端情况。这种观察与市场情绪保持一致，这仍然是看好的，但对潜在的过度扩张也持谨慎态度。

As Bitcoin price navigates this crucial phase, traders and investors are advised to follow the price action closely and monitor on-chain metrics to assess the market strength and potential for further growth or consolidation.

随着比特币价格导航这一关键阶段，建议交易者和投资者密切关注价格行动，并监视链指标，以评估市场实力和进一步增长或合并的潜力。