比特币（BTC）的价格从四月起的反弹超过11％。 7低点74,400美元，分析师认为，OnChain和技术指标表明持续恢复。

根据受欢迎的分析师Alphabtc的说法，如果比特币持续81,500美元，将会持续恢复。

Bitcoin (BTC) price has rebounded by over 11% from the April. 7 low of $74,400, and analysts believe that onchain and technical indicators point to a sustained recovery.

比特币（BTC）的价格从四月起的反弹超过11％。 7低点74,400美元，分析师认为，OnChain和技术指标表明持续恢复。

According to popular analyst AlphaBTC, Bitcoin will see a sustained recovery if it holds above $81,500.

根据受欢迎的分析师Alphabtc的说法，如果比特币持续81,500美元，将会持续恢复。

Bitcoin price reclaimed the $80,000 psychological level after retesting the “weekly open and filling in some of the inefficiency left by the Trump 90-day pause pump,” the analyst said in an April 10 post.

这位分析师在4月10日的一篇文章中说，比特币价格在重新测试了“每周开放并填补了特朗普90天停顿泵的效率低下”后，收回了80,000美元的心理水平。”

BTC/USD four-hour chart. Source: AlphaBTC

BTC/USD四小时图表。资料来源：Alphabtc

Similar sentiments were shared by fellow analyst Rekt Capital, who said that Bitcoin needs to produce a weekly close above $80,500 to increase the chances of recovery.

分析师Rekt Capital的同样的观点也分享了类似的观点，他说，比特币需要每周收取80,500美元以上的每周收盘，以增加恢复的机会。

“Bitcoin has recently lost the red Weekly level, just confirming BTC isn't out of the woods yet,” Rekt Capital said in an April Post on X.

Rekt Capital在4月份的X上发表一篇文章中说：“比特币最近失去了红色的每周水平，只是确认BTC还没有脱离树林。”

Bitcoin price recovery could be fueled by “seller exhaustion”

比特币价格恢复可以通过“卖方疲惫”来推动

Bitcoin investors are approaching a degree of “near-term seller exhaustion,” as evidenced by the reduced magnitude of realized losses, according to onchain data from Glassnode.

根据GlassNode的OnChain数据，比特币投资者正在接近一定程度的“近期卖家疲惫”，这证明了已实现损失的幅度减少。

Looking at the 6-hour rolling window for realized losses, the market intelligence firm found that the magnitude of losses realized during these drawdowns has started to decrease with each successive price leg lower.

在6小时的滚动窗口中，造成已实现损失的窗口，市场情报公司发现，随着连续的价格下降，这些缩减期间所实现的损失的幅度开始减少。

“Bear markets are typically initiated by periods of heightened fear and substantial losses,” Glassnode said in its latest Week On-chain report.

格拉斯诺德在其最新一周的链报告中说：“熊市通常是由恐惧和巨大损失的时期引发的。”

Bollinger Bands and W bottom hint at new price highs

布林乐队和W底部提示新价格高

After hitting a five-month low of $74,400 on April 9, Bitcoin retested the lower boundary of the Bollinger Bands (BB) indicator, a line that has supported the price over the last five weeks, data from Cointelegraph Markets Pro and TradingView shows.

在4月9日达到74,400美元的五个月低点之后，比特币重新测试了Bollinger Bands（BB）指标的下边界，这一线在过去五个星期中支持了价格，Cointelegraph Markets Pro和TradingView展示的数据。

This is an encouraging sign from Bitcoin, according to the creator of the Bollinger Bands volatility indicator, John Bollinger. The Bollinger Bands indicator uses standard deviation around a simple moving average to determine both likely price ranges and volatility.

根据布林乐队波动率指示器约翰·布林格（John Bollinger）的创建者的说法，这是比特币的令人鼓舞的信号。 Bollinger频段指示器在简单的移动平均线周围使用标准偏差，以确定可能的价格范围和波动性。

Bollinger said that Bitcoin price could be forming the second low of a W-shaped pattern formation — a double-pronged bottom followed by an exit to the upside — on the weekly chart.

Bollinger表示，在每周图表上，比特币价格可能形成了W形图案形成的第二个低点 - 双管底部的底部，然后是上升空间的出口。

“Classic Bollinger Band W bottom setting up in $BTCUSD,” Bollinger commented alongside a chart, adding that the pattern “still needs confirmation.”

Bollinger在图表旁边评论说：“经典的Bollinger Band W底部设置为$ btcusd。”他补充说，该模式“仍然需要确认”。

In this situation, Bitcoin’s drop to $76,600 on March 11 was the first bottom, and the recent drop to $74,400 was the second.

在这种情况下，比特币在3月11日跌至76,600美元是第一个底部，最近的跌至74,400美元。

If confirmed, BTC price could recover from the current levels first toward the neckline of the W-shaped pattern at $88,800 before rising toward the target of the prevailing chart pattern at $106,000.

如果得到确认，BTC的价格可以首先从当前水平恢复到W形图案的领口，为88,800美元，然后以106,000美元的价格朝着现行图表模式的目标上升。