比特币（BTC）的价格下跌低于$ 85K，市场努力保持超过关键需求水平

随着整个市场努力保持超过关键需求水平，比特币的交易价格低于$ 85K。最近的抛售引发了恐慌销售和对BTC未来的猜测

Bitcoin (BTC) is trading below the $85K mark as the entire market struggles to hold above key demand levels amid ongoing sell-off pressure. The recent sell-off has triggered panic selling and increased speculation about the future of BTC, with many investors fearing that a prolonged bear market could be on the horizon.

由于持续的售罄压力，比特币（BTC）的交易低于85,000美元的商标，因此整个市场都在努力保持高于关键需求水平。最近的抛售引发了人们对BTC未来的恐慌销售，并增加了人们的猜测，许多投资者担心长时间的熊市可能会出现。

As reported by CryptoData, the rapid price drop has shaken confidence, and sentiment remains deeply bearish across the crypto industry. However, some analysts believe that the worst of the sell-off might be over, and a recovery could be in sight if buyers manage to defend current support zones.

正如Cryptodata报道的那样，快速价格下跌激动了信心，在加密货币行业中，情绪仍然深深地看跌。但是，一些分析人士认为，抛售最糟糕的情况可能已经结束，如果买家设法捍卫当前的支持区，则可能会恢复。

Coinbase Premium Now Negative As Large ETF Outflows Continue

随着大型ETF流出继续

Key data from Coinglass reveals that BTC’s Coinbase Premium has retreated into the negative territory recently. This indicates a surge in spot selling over the past few days, aligning with the large ETF outflows and overall bearish price action.

来自Coinglass的关键数据表明，BTC的Coinbase Premium最近已退回到负区域。这表明过去几天的现场销售激增，与大型ETF流出和整体看跌价格行动保持一致。

Coinbase Premium is the price differential between Coinbase and other major spot exchanges, usually used to gauge U.S. investor activity. When the premium turns negative, it suggests that U.S. investors are offloading BTC at a discount compared to global exchanges, indicating a lack of confidence in the token.

Coinbase Premium是Coinbase和其他主要现货交易所之间的价格差异，通常用来评估美国投资者的活动。当溢价变为负面时，这表明美国投资者与全球交易所相比以折扣价卸载BTC，这表明对代币缺乏信心。

Conversely, when the premium is positive, it signifies strong demand from U.S. traders, which could propel the price higher. For Bitcoin to recover, the premium must turn positive again, signaling renewed spot demand.

相反，当溢价为正时，它表示美国贸易商的强劲需求，这可能会推动价格上涨。为了使比特币恢复，保费必须再次变为正，这表明了重新点需求。

Until then, the market remains fragile, with analysts closely watching whether BTC can reclaim key resistance levels or if further downside is imminent. The coming days will be crucial in determining Bitcoin’s next move as investors await signs of stability amid growing uncertainty.

在此之前，市场仍然脆弱，分析师密切关注BTC是否可以恢复关键阻力水平，或者是否进一步降低了下降。随着投资者在不确定性越来越大的不确定性和稳定迹象时，未来几天对于确定比特币的下一步行动至关重要。

Bitcoin Is Still Struggling

比特币仍在挣扎

Bitcoin is currently trading around the $85K mark as the broader crypto market, particularly altcoins and meme coins, continues to face extreme selling pressure. BTC has lost critical weekly support around the $90K level, and volatility remains a key factor in short-term price action.

比特币目前正在交易$ 85,000，因为更广泛的加密货币市场，尤其是Altcoins和Meme Coins，它继续面临极端的销售压力。 BTC在$ 90K的水平上失去了关键的每周支持，而波动仍然是短期价格行动的关键因素。

To recover lost ground and break out of the current consolidation phase, bulls must defend current demand zones to prevent further declines and initiate a potential recovery phase.

为了恢复失去的地面并脱离当前的合并阶段，公牛必须捍卫当前的需求区，以防止进一步下降并启动潜在的恢复阶段。

Crypto analyst Daan shared Coinglass data on X, highlighting that BTC’s Coinbase Premium has slipped into the negative zone recently. This aligns with the large ETF outflows and prevailing bearish sentiment, suggesting a significant amount of spot selling over the past few days.

加密分析师Daan在X上共享了Coinglass数据，强调了BTC的Coinbase Premium最近已滑入负区域。这与大型ETF流出和普遍的看跌情绪保持一致，这表明过去几天有大量的销售销售。

Historically, when the Coinbase Premium turns negative, it indicates U.S.-based traders are dumping BTC at a lower price compared to other exchanges due to a lack of confidence in the token’s short-term prospects.

从历史上看，当Coinbase Premium变为负面时，它表明，与其他交易所相比，由于对代币的短期前景缺乏信心，美国的交易者正在以较低的价格倾倒BTC。

However, when the premium is positive, it signifies strong demand from the U.S., which could propel the price higher. For Bitcoin to bounce back strongly, the Coinbase Premium must return to positive territory, signaling renewed spot demand.

但是，当溢价为正时，它表示美国的强劲需求，这可能会推动价格更高。为了使比特币强烈反弹，Coinbase Premium必须返回正区域，这表明了重新点需求。

Currently, the premium is attempting to recover following the recent bounce, suggesting that some buying pressure is returning. Nonetheless, Daan will be closely monitoring this trend to determine whether it sustains over the coming days.

目前，溢价试图在最近的反弹之后恢复，这表明一些购买压力正在返回。尽管如此，Daan将密切监视这一趋势，以确定它在未来几天是否维持。

The next key resistance levels lie around $88K–$90K, and a push above these levels could confirm a bullish recovery. However, if selling pressure persists and BTC fails to reclaim lost ground, the price may continue consolidating or even drop further. The coming days will be crucial in defining Bitcoin’s next move as the market navigates ongoing volatility and uncertainty.

下一个关键阻力水平约为88,000美元 - $ 90K，高于这些水平的推动力可以证实看涨的恢复。但是，如果销售压力持续存在，而BTC未能收回失去的地面，那么价格可能会继续巩固甚至进一步下降。随着市场导航持续的波动和不确定性，未来几天对于定义比特币的下一步行动至关重要。