比特币（BTC）显示出从历史最高高的30％以上后的恢复迹象

在其历史最高水平并短暂下跌75,000美元以上的30％以上之后，比特币显示出恢复的迹象。

Bitcoin is showing signs of recovery after plunging over 30% from its all-time high and briefly dropping below $75,000. The broader crypto market rebounded sharply this week, helped by a 90-day pause on reciprocal tariffs announced by US President Donald Trump for all countries except China, which remains under a 125% tariff. This unexpected shift in trade policy helped ease some macroeconomic pressure and sparked a wave of optimism across global markets.

比特币在其历史最高水平下降30％以上，并短暂降至75,000美元以上，这显示出恢复的迹象。本周，更广泛的加密货币市场急剧反弹，这在美国总统唐纳德·特朗普（Donald Trump）为中国以外的所有国家 /地区宣布的互惠关税中停顿了90天，该关税仍低于125％的关税。这种意外的贸易政策转变有助于缓解宏观经济压力，并在全球市场上引发了一波乐观。

CryptoQuant analyst Axel Adler shared a compelling chart on X, highlighting the Bitcoin Futures Perpetual Funding Rate. Since BTC hit its ATH, the 7-day moving average of the Funding Rate has been trending downward—a key stress signal in bull markets. Adler explains that when this average turns negative, it often reflects rising market tension as traders aggressively open short positions. This shift can lead to funding flipping negative, a condition historically associated with capitulation and, potentially, the start of strong recovery phases.

加密分析师阿克塞尔·阿德勒（Axel Adler）在X上分享了一个引人注目的图表，突出了比特币期货的永久融资率。自BTC达到其ATH以来，筹资率的7天移动平均值一直在下降 - 这是牛市的关键压力信号。阿德勒（Adler）解释说，当这个平均水平变为负面时，它通常会反映出当交易员积极打开短职位时，市场张力的上升。这种转变可能导致资金流动负面，这是与投降历史有关的条件，并可能是强大的恢复阶段的开始。

Bitcoin Remains Strong As Sentiment Resets

比特币仍然很强，因为情绪重置

Bitcoin is still strong after reclaiming the $80,000 level, signaling that the worst of the recent correction may be behind. However, global economic instability continues to weigh heavily on market sentiment. US President Donald Trump’s tariff policies—especially the ongoing trade conflict with China—have added uncertainty to the financial environment, fueling fears of a broader global recession.

比特币在收回了80,000美元的水平后仍然很强大，这表明最近更正的最差可能是落后的。但是，全球经济不稳定继续对市场情绪产生严重影响。美国总统唐纳德·特朗普（Donald Trump）的关税政策，尤其是与中国正在进行的贸易冲突，这增加了对金融环境的不确定性，这加剧了人们对全球衰退更广泛的担忧。

The recent 90-day pause on reciprocal tariffs has offered some relief, but it’s temporary, and investors remain cautious until a more permanent resolution is reached.

最近90天的倒数关税停顿提供了一些缓解，但这是暂时的，投资者一直谨慎，直到达成更永久的决议。

Adler shared crucial insights highlighting how the Bitcoin Futures Perpetual Funding Rate has behaved throughout the current cycle. Following the all-time high near $72K, the average Funding Rate steadily declined—mirroring the pattern seen in previous cycles. Just like last time, the metric dipped into negative territory, which historically has marked a reset in market sentiment and preceded a new upward move.

阿德勒（Adler）共享了至关重要的见解，强调了比特币期货的永久融资率在当前周期中的表现。在历史高达72K $ 72K的历史高处之后，平均资金率稳步下降 - 刺激了以前的周期中看到的模式。就像上次一样，该指标浸入了负面的领域，从历史上看，这标志着市场情绪的重置，并在新的上升之前。

According to Adler, this is less about exact statistics and more about the psychology of market participants. Confidence peaks at highs and collapses during corrections, only to rebuild when traders are forced out and the market “resets.” His chart, featuring blue arrows, shows how these cycles tend to repeat, offering hope that Bitcoin could be primed for another impulse higher.

根据阿德勒的说法，这与确切的统计数据无关，而更多地与市场参与者的心理学有关。信心在矫正期间达到高峰和倒塌，只有在交易者被迫退出并“重新设置”时重建。他的图表以蓝色箭头为特色，显示了这些周期如何倾向于重复，并希望比特币可以启动以使另一个冲动更高。

Price Holds Key Support As Bulls Eye 200-Day Averages

Price拥有关键的支持，因为Bulls Eye 200天平均

Bitcoin is currently trading at $82,200, sitting just 5% below its crucial 200-day simple moving average (SMA) around $87,100. After reclaiming the $80K level during this week’s relief rally, bulls now face the challenge of defending this ground and pushing higher to regain lost momentum.

比特币目前的交易价格为82,200美元，比其至关重要的200天简单移动平均线（SMA）的交易价格约为87,100美元。在本周的救济集会上收回了8万美元的水平之后，公牛现在面临捍卫这一立场并推动更高的挑战以恢复失落的动力。

To confirm a bullish setup, BTC must hold above the $81K support zone and reclaim the $85K level, which aligns with the 200-day exponential moving average (EMA). These two moving averages are widely seen as long-term trend indicators, and regaining both would mark a significant shift in sentiment.

为了确认看涨的设置，BTC必须持有超过$ 81K的支撑区，并收回85,000美元的水平，这与200天的指数移动平均线（EMA）保持一致。这两个移动平均值被广泛视为长期趋势指标，并且重新恢复两者将标志着情绪的重大转变。

So far, bulls have been able to absorb selling pressure, but failure to hold above the $81K–$80K zone could trigger renewed panic and send BTC back toward the $75K level—a key psychological and structural support from last week’s low.

到目前为止，公牛队已经能够吸收销售压力，但是未能超过81k - $ 80k的区域可能会引发新的恐慌，并将BTC送回75K $ 75K的水平，这是上周低点的重要心理和结构支持。

Market volatility remains high amid macroeconomic uncertainty, and while Bitcoin shows signs of strength, it’s still vulnerable to downside risk if buyers don’t maintain momentum. The coming days will be critical as traders watch for a breakout above the 200-day EMA or a breakdown toward lower demand.

在宏观经济不确定性的情况下，市场波动仍然很高，尽管比特币显示出强度的迹象，但如果买家不保持动力，它仍然容易受到下行风险的影响。随着交易者注意超过200天EMA的突破或针对较低需求的细分，接下来的日子将是至关重要的。