比特币（BTC）的价格最低点，牛跑还没有结束，分析师声称

比特币（BTC）的交易仍低于关键水平，这引起了人们对公牛运行季节结束的猜测。

Bitcoin (BTC) price is yet to trade above crucial levels amid speculations of the bull run season coming to an end.

由于对公牛奔跑季节的猜测结束，比特币（BTC）的价格尚未超过关键水平。

However, CryptoQuant analyst Woominkyu claims that the price of Bitcoin is bottoming out, and the bull run is not over yet.

但是，加密分析师Woominkyu声称比特币的价格正在触发，牛跑还没有结束。

The analyst compared Bitcoin’s current trend to past performance when the hash price plummeted.

Hash Price Bottoming Out

In a recent CryptoQuant Quicktake post, analyst Woominkyu shared an interesting chart that showed the correlation between Bitcoin price and hash price.

The chart pointed to a declining hash price, which coincides with the bottom of Bitcoin prices.

The analyst noted that periods of lower hash prices have historically aligned with the bottoms of Bitcoin prices.

分析师指出，较低的哈希价格时期与比特币价格的底部保持一致。

Taking past performance into account, he suggests that Bitcoin’s price is nearing a bottom, aligning with the current low hash price.

Hash price is a critical metric that represents the earnings a miner can expect for each exahash of computing power contributed to the Bitcoin network.

The value is calculated by dividing the daily mining revenue by the total network hash rate.

When the hash price is low, miners generate less revenue for the same amount of computational work. This is primarily due to reduced transaction fees or a lower Bitcoin price.

当哈希价格低时，矿工在相同数量的计算工作中产生的收入较小。这主要是由于交易费用降低或比特币价格降低。

Thus, the recent low hash prices suggest increased competition among miners, resulting in the overall reduced profitability of mining.

因此，最近的低哈希价格表明矿工之间的竞争增加，从而导致采矿的总体盈利能力降低。

State Of The Bitcoin Ecosystem

Although Bitcoin has slightly recovered from today’s morning trading session, the price is still below the $90,000 mark.

尽管比特币从当今的早上交易中心略有恢复，但价格仍低于90,000美元。

BTC price was trading at $84,534, down 0.6% over the previous day and 14% in the past week.

BTC的价格为84,534美元，比前一天下跌0.6％，在过去一周中下降了14％。

However, the daily trading volume increased by 25% to $66.5 billion, indicating renewed interest from investors.

但是，每日交易量增加了25％，达到665亿美元，表明投资者的利息更新。

Meanwhile, the Bitcoin price prediction sentiment is bearish, while the Fear & Greed Index shows Extreme Fear at 10.

The recent BTC price decline stems from whale movement and low sentiments in the spot ETF market.

CryptoQuant CEO Ki Young Ju recently highlighted that Coinbase whales are making bold Bitcoin moves. Notably, strong activity from whales often indicates that holders are preparing to sell or move funds due to high volatility.

CryptoQuant首席执行官Ki Young Ju最近强调，Coinbase鲸鱼正在做大胆的比特币动作。值得注意的是，鲸鱼的强大活动通常表明持有人准备出售或移动资金，原因很大。

In recent weeks, persistent outflows from the spot Bitcoin Exchange-Traded Fund (ETF) have also contributed to declining prices. On Wednesday, February 26, the ETFs saw outflows reaching $754.6 million, per Farside Investors data.

最近几周，来自现货比特币交易所交易基金（ETF）的持续流出也导致了价格下降。 2月26日，星期三，ETF的流出量达到7.546亿美元，每个Farside Investors数据。

Bitcoin Price Forecast

比特币价格预测

The price of BTC may have set a local resistance of $86,000 on the hourly chart. Bears may resurface if the daily bar closes far from this resistance, leading to BTC dropping to the $85,000 range.

BTC的价格可能在每小时图表上设定了86,000美元的本地阻力。如果每日酒吧远离这种阻力，则熊可能会浮出水面，从而导致BTC下降至85,000美元。

As a result, bulls will need to restore the rate above $90,000 if they want to get back in the game.

Until this happens, bears might keep controlling the market situation. A weekly closure below the $89,392 level in the mid-term could see BTC plummeting to the $80,000 area.

在发生这种情况之前，熊可能会继续控制市场状况。在中期，每周关闭$ 89,392的水平可能会使BTC跌至80,000美元的地区。

However, technical analysis recently revealed a bull flag formation, a pattern that many analysts view as a precursor to rising prices. A weekly candlestick close above $101,800 would confirm the formation and set the stage for a major rally.

但是，技术分析最近揭示了牛旗的形成，这是许多分析师认为这是价格上涨的先驱。每周一每周的烛台超过101,800美元，将确认该地层并为重大集会奠定了基础。