比特币（BTC）的价格行动削弱了，因为人们对熊市的担忧增长

比特币继续以低于关键的阻力水平进行交易，因为对整个加密货币领域的迫在眉睫的熊市的担忧增长。

In a market largely defined by fear, macroeconomic uncertainty, and a thinly veiled pessimism, investors are growing increasingly skittish. This is especially true in the crypto sphere, where optimism has dwindled with the U.S. equities markets also now entering a synchronized period of selling.

在一个主要由恐惧，宏观经济不确定性和薄薄的悲观的市场中，投资者越来越大。在加密领域尤其如此，在这种情况下，随着美国股票市场的乐观情绪现在也进入了同步的销售时期。

Together, these two market segments are used by many to gauge broader investor confidence—and right now, it’s clear that both retail and institutional participants are becoming increasingly wary.

许多人一起使用这两个市场细分来衡量更广泛的投资者信心 - 现在，很明显，零售和机构参与者都在越来越警惕。

Now, as the market anxiously anticipates Bitcoin’s next move amid a crucial technical zone, the mood is one of anticipation and trepidation in equal measure.

现在，由于市场急切地期待比特币在关键的技术区域中的下一步行动，因此情绪在同等程度上是一种预期和恐惧之一。

Key Takeaways

关键要点

Rising macroeconomic uncertainty and escalating global trade war tensions are pushing investors toward a risk-off mentality, favoring safer assets.

宏观经济不确定性的上升和全球贸易战紧张局势不断升级，这使投资者朝着风险思想发展，有利于更安全的资产。

This shift in investor preference is also evident in the U.S. equities markets, which are now entering a phase of slower growth and heightened volatility.

在美国股票市场中，投资者偏好的这种转变也很明显，现在，该市场正在进入增长速度较慢和波动性的阶段。

Arkham Intelligence reports that a dormant Bitcoin whale, who had been holding BTC since late 2016, moved over $250 million.

阿卡姆情报公司（Arkham Intelligence）报告说，自2016年底以来一直持有BTC的休眠鲸鲸股市超过2.5亿美元。

The whale, originally investing $3 million in 2016, saw his coins appreciate to over $250 million by 2024. The coins were part of a single on-chain address and had remained largely untouched for eight years.

这艘鲸鱼最初在2016年投资300万美元，到2024年，他的硬币欣赏超过2.5亿美元。硬币是一个链子上的单个链台地址的一部分，并且在八年中一直保持不变。

The timing of the whale’s move, amid broader market pessimism and rumors of a looming bear market, has sparked speculation about potential selling pressure.

鲸鱼举动的时机，在更广泛的市场悲观和迫在眉睫的熊市的谣言中，引发了人们对潜在销售压力的猜测。

However, on-chain analysts are yet to confirm whether the funds were sent to an exchange, which would be a strong indicator of planned selling activity.

但是，链链分析师尚未确认是否将资金发送到交易所，这将是计划销售活动的有力指标。

Bitcoin Sentiment Remains Weak As Whale Sparks Fresh Market Concerns

比特币情绪仍然很虚弱，因为鲸鱼会引起新的市场关注

Bitcoin is struggling to gain any ground with analysts and investors who believe the bull market will continue in 2025. After hitting an all-time high earlier this year, BTC has lost significant momentum, and the current price action reflects growing pessimism about the sustainability of further gains.

比特币正在努力与分析师和投资者获得任何基础，这些分析师和投资者认为牛市将在2025年持续。在今年早些时候达到历史最高水平之后，BTC失去了巨大的势头，当前的价格行动反映了对进一步增长的可持续性的越来越多的悲观情绪。

Many key indicators and the broader market sentiment now lean toward the possibility of a bear market forming, especially as global economic turmoil and inflation fears continue to dampen investor morale.

现在，许多关键指标和更广泛的市场情绪都倾向于形成熊市的可能性，尤其是随着全球经济动荡和通货膨胀的恐惧继续抑制投资者的士气。

The uncertainty in the market isn’t limited to crypto. The U.S. equities markets have also begun to slow down as fears of a potential recession grow. Together, this has pushed investors into a risk-off mentality, redirecting capital into safer assets.

市场的不确定性不仅限于加密货币。随着对潜在衰退的担忧增长，美国股票市场也开始放缓。这共同使投资者陷入了冒险的心态，将资本重定向到更安全的资产中。

But in a move that has sparked widespread attention and speculation, on-chain analytics firm Arkham Intelligence has reported that a long-dormant Bitcoin whale just moved a large sum of BTC.

但是，链接分析公司阿卡姆情报公司（Arkham Intelligence）的举动引起了人们广泛的关注和猜测，报告说，长期的长期比特币鲸刚刚移动了大量的BTC。

According to Arkham, the whale originally accumulated the coins in late 2016, turning a $3 million investment into over $250 million across an eight-year period. The coins were part of a single on-chain address and had remained largely untouched until now.

根据阿卡姆（Arkham）的说法，鲸鱼最初在2016年底积累了硬币，在八年的时间内将300万美元的投资变成了2.5亿美元。硬币是一个链链地址的一部分，到目前为止一直保持不变。

This sudden activity from the whale has sparked speculation, especially as the market is closely watching for any signs of liquidity.

鲸鱼突然的活动引发了人们的猜测，尤其是当市场密切关注任何流动性迹象时。

With rising macroeconomic uncertainty and several key technical levels now in play, the crypto market is preparing for heightened volatility in the second quarter of 2024.

随着宏观经济不确定性的上升和现在的几个关键技术水平，加密货币市场正在为2024年第二季度的波动增强做准备。

Bitcoin struggles to break above key resistance

比特币难以超越关键阻力

Bitcoin is currently trading at $84,200 after days of consolidation, struggling to break back above the 200-day moving average (MA) and exponential moving average (EMA), both sitting at the critical $85,000 level.

经过几天的合并，比特币目前的交易价格为84,200美元，努力折腾超过200天的移动平均线（MA）和指数移动平均线（EMA），均为85,000美元的关键水平。

This zone has become a decisive battleground for bulls and bears, with BTC needing to break above it to signal any serious momentum shift. Reclaiming this level would set the stage for a test of the $88K level, which many analysts view as the last major resistance before a push above $90K.

该区域已成为公牛和熊的决定性战场，而BTC需要在其上方打破，以表明任何严重的势头转移。收回此水平将为测试$ 88K的水平奠定基础，许多分析师将其视为超过$ 90K的最后一个主要阻力。

A clean breakout above $88K could mark the beginning of a recovery rally, potentially restoring bullish sentiment across the market. However, the current rejection at these technical levels raises concerns.

超过$ 88K的干净分手可以标志着恢复集会的开始，有可能恢复市场上的看涨情绪。但是，目前在这些技术层面上的拒绝引起了人们的关注。

If bulls fail to push above $90K in the coming sessions, BTC may continue to be contained in this tight range or even face a deeper correction.

如果公牛在即将到来的会议上未能推高90,000美元，则BTC可能会继续包含在这个紧张的范围内，甚至面临更深层的校正。

Market volatility, macroeconomic uncertainty, and cautious investor sentiment continue to exert pressure on price action. As the 200-day MA and EMA pose dynamic resistance, the next few days will be pivotal.

市场波动，宏观经济的不确定性和谨慎的投资者情绪继续对价格行动施加压力。作为200天的MA和EMA构成动态阻力，接下来的几天将是关键的。

Bitcoin must reclaim these levels to confirm strength—or risk slipping into a longer phase of weakness and potential downside pressure.

比特币必须恢复这些水平以确认强度，或者冒险进入较长的弱点和潜在下行压力的阶段。