比特币（BTC）的价格行动仍然处于关注点，分析师将$ 89,000作为确认底部的关键水平

由于分析师将89,000美元指向确认底部的关键水平，比特币的价格行动仍然处于重点。未能收回它可能会将BTC推向69,000美元

Bitcoin (BTC) price action will remain in the spotlight as analysts highlight $89,000 as a make-or-break level for confirming a bottom.

比特币（BTC）的价格行动将保持焦点，因为分析师重点介绍了89,000美元作为确认底部的制造或破坏水平。

A failure to break above this zone ahead of the upcoming weekly close could push BTC toward $69,000, erasing recent gains and intensifying bearish sentiment.

在即将到来的每周关闭之前，未能超越该区域，这可能会将BTC推向69,000美元，从而消除了最近的收益并加剧了看跌情绪。

$89K Holds Key to Bitcoin Price Recovery

$ 89K拥有比特币价格恢复的关键

Bitcoin last traded at $89,000 on March 7 before falling to $78,523 on March 11.

比特币最后一次交易于3月7日的89,000美元，然后在3月11日下跌至78,523美元。

Crypto analyst Matthew Hyland believes this level remains crucial for Bitcoin’s uptrend.

加密分析师马修·海兰德（Matthew Hyland）认为，这一水平对于比特币的上升趋势仍然至关重要。

Hyland said in a video posted to X on March 13,

海兰德在3月13日发布给X的视频中说，

“The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K.”

“比特币确认底部实际上所在的唯一方法是将每周返回8.9万美元以上。”

Bitcoin price is currently trading near $83,406. If it breaks above $89,000, it would liquidate approximately $1.6 Billion in short positions, according to CoinGlass.

比特币价格目前的交易价格接近83,406美元。根据Coinglass的说法，如果它破损了89,000美元以上，它将清算约16亿美元的短额。

However, failure to close above this level could lead to a drop to $74,000 or even $69,000—levels not seen since November.

但是，如果不超过此水平，可能会导致降至74,000美元甚至69,000美元，这是自11月以来未见的水平。

Hyland argues that a weekly close above $89,000 would indicate renewed bullish momentum. He added,

海兰德（Hyland）辩称，每周收盘价超过89,000美元，将表明新的看涨势头。他补充说，

“If we do get a weekly close above this area, I think the low is in for Bitcoin.”

“如果我们确实在该区域高出一个周围的附近，我认为比特币的低点是。”

Macroeconomic Factors Weigh on BTC Demand

宏观经济因素对BTC需求的重量

CryptoQuant reported a decline of 103,000 BTC last week, the fastest contraction since July 2024.

CryptoQuant上周报告了103,000 BTC的下降，这是2024年7月以来收缩最快的收缩。

Analysts attribute this drop to uncertainty around U.S. inflation rates and trade tensions.

分析师将这一下降归因于美国通货膨胀率和贸易紧张局势的不确定性。

On March 7, Federal Reserve Chair Jerome Powell reiterated that he was in no rush to adjust interest rates.

3月7日，美联储主席杰罗姆·鲍威尔（Jerome Powell）重申，他没有急于调整利率。

Meanwhile, tariffs imposed by President Donald Trump on Feb. 1 have fueled economic uncertainty, reducing investor appetite for risk-on assets like Bitcoin.

同时，唐纳德·特朗普（Donald Trump）总统在2月1日征收的关税加剧了经济不确定性，减少了投资者对比特币等风险资产的需求。

The European Union (EU) responded by announcing retaliatory measures set to take effect on April 1.

欧盟（EU）的回应是宣布将于4月1日生效的报复措施。

Analysts warn that escalating trade tensions could trigger further market instability, potentially pushing Bitcoin below key support levels.

分析师警告说，不断升级的贸易紧张局势可能会引发进一步的市场不稳定，这可能会将比特币推向关键支持水平以下。

Marcin Kazmierczak, chief operating officer at RedStone, noted that counter-tariffs indicate potential further retaliation. He said,

Redstone的首席运营官Marcin Kazmierczak指出，反竞选表明潜在的进一步报复。他说，

“An ongoing dispute could see Bitcoin fall below its crucial support level of $75,000.”

“持续的争议可能使比特币低于其关键支持水平75,000美元。”

However, he said he believes BTC could recover given strong stablecoin and real-world asset (RWA) demand.

但是，他说，他认为鉴于强大的稳定股和现实世界的资产（RWA）需求，BTC可以恢复。

Treasury Market Volatility Adds Pressure

国库市场波动增加了压力

Increased volatility in the U.S. Treasury market is another factor affecting Bitcoin.

美国财政市场的波动性增加是影响比特币的另一个因素。

The Merrill Lynch Option Volatility Estimate Index (MOVE), which tracks 30-day expected volatility in Treasury bonds, has surged to 115—the highest level since Nov. 6.

Merrill Lynch选项波动率估计指数（Move）跟踪了30天的预期财政债券波动率，已飙升至115年，这是自11月6日以来的最高水平。

This spike in bond market volatility reduces risk appetite in traditional and crypto markets.

债券市场波动性的这种激增可减少传统和加密市场中的风险食欲。

Following the 2024 U.S. election, a decline in the MOVE index coincided with Bitcoin price rally from $70,000 to $108,000.

在2024年的美国大选之后，此举指数下降的下降与比特币的价格从70,000美元增加到108,000美元。

Now, with the MOVE index climbing 38% in three weeks, analysts suggest risk aversion could delay any major BTC breakout.

现在，随着移动指数在三周内攀升38％，分析师认为，规避风险可能会延迟任何重大的BTC突破。

Matt Mena, Crypto Research Strategist at 21Shares, remains cautiously optimistic. He stated,

21Shares的加密研究策略师Matt Mena仍然谨慎乐观。他说，

“With inflation cooling and recession fears still looming but not worsening, Bitcoin could be on the verge of its next major breakout, pushing past the stubborn sub-$90K range.”

“随着通货膨胀冷却和衰退的担忧仍然存在，但并没有恶化，比特币可能正处于下一个重大突破的边缘，推动了顽固的低于$ 90k的范围。”

Liquidity Battle Between $69K and $89K

流动性战役在$ 69K至89K之间

On-chain data shows Bitcoin is trapped between key liquidity zones.

链上数据显示，比特币被困在关键流动性区域之间。

IntoTheBlock highlights support at $79,270 and $69,450, with resistance between $84,296 and $86,753.

Intotheblock突出显示了79,270美元和69,450美元的支持，电阻在84,296美元至86,753美元之间。

If Bitcoin price falls below $79,270, it risks a slide to $69,000, a level that once marked its 2021 peak before being surpassed in March 2024.

如果比特币的价格低于79,270美元，则可能会滑到69,000美元，这一水平曾经是其2021年峰值，然后在2024年3月超过。

Conversely, breaking $86,753 could trigger renewed buying, but analysts caution that a strong sell wall exists in this range. Hyland remains firm in his stance:

相反，打破86,753美元可能会引发新的购买，但分析师警告说，在此范围内存在强大的卖墙。海兰德仍然坚定地处于他的立场：

“If Bitcoin doesn’t close above $89K, we will likely test lower ranges in the coming weeks.”

“如果比特币在8.9万美元以上不关闭，我们可能会在接下来的几周内测试较低的范围。”

As Bitcoin price hovers near $83,000, traders will closely watch its weekly close.

随着比特币价格徘徊在$ 83,000的左右，交易者将密切关注其每周关闭。

If BTC reclaims $89,000, it could spark fresh upside momentum. Otherwise, a deeper correction toward $69,000 may be in play.

如果BTC收回$ 89,000，它可能会引发新的上行势头。否则，可能会在69,000美元上进行更深入的更正。