比特币[BTC]的价格低于$ 85K

在短暂下跌至7.6万美元之后，比特币[BTC]在图表上的$ 85,000 - 移动Bitfinex Exchange分析师认为可能会稳定信号。

Bitcoin [BTC] has remained below $85k on the charts after a brief dip to $76k - A move Bitfinex exchange analysts believe could likely signal stabilisation.

在短暂跌至76K美元之后，比特币[BTC]在图表上仍保持低于$ 85K的价格 - 移动Bitfinex Exchange分析师认为可能会稳定信号。

In their weekly market report, the analysts noted that traders saw a realized loss of $818 million per day, a market flush that always precedes a potential bottom.

分析师在他们的每周市场报告中指出，交易者每天亏损8.18亿美元，这一市场始终在潜在的底层之前。

“Such widespread capitulation often precedes market stabilisation, though geopolitical and macroeconomic concerns remain a significant overhang.”

“尽管地缘政治和宏观经济的关注仍然是一个重大的悬垂，但这种广泛的投降通常在市场稳定之前就已经稳定了。”

However, short-term holders (STH) have been selling BTC at a loss for the first time since October 2024. This is a trend that, if extended, could complicate reversal efforts, the analysts added.

但是，分析师补充说，短期持有人（STH）自2024年10月以来一直在首次出售BTC。这是一种趋势，如果扩大，可能会使逆转努力复杂化。

They cited the Bitcoin Spent Output Profit Ratio (SOPR), which tracks traders’ profitability, as it dipped below 1. It indicated that holders have been selling at a loss.

他们引用了比特币支出的产出利率（SOPR），该比特币追踪了交易者的盈利能力，因为它降至1以下。表明持有人已经亏本出售。

“Short-term holder SOPR recorded its second-largest negative print of this cycle at 0.95, signalling that new market entrants are capitulating.”

“短期持有人SOPR记录了其本周期的第二大负面印刷，这表明新的市场参与者正在倾斜。”

For the recovery shift, Bitfinex analysts claimed that SOPR must surge above 1 again, which would suggest ‘re-accumulation’ and ‘bullish continuation.’

对于恢复转变，Bitfinex分析师声称，SOPR必须再次激增1，这将表明“重新占领”和“看涨延续”。

The weak BTC demand corroborated Bitfinex’s warning. In fact, according to CryptoQuant’s data, demand for the cryptocurrency has remained negative since late February.

BTC薄弱的要求证实了Bitfinex的警告。实际上，根据CryptoQuant的数据，自2月下旬以来，对加密货币的需求一直是负面的。

U.S. spot BTC ETFs have bled $1.5 billion in the first half of March. In February alone, the product saw $3.56 billion outflows per Soso Value. They’ve seen over $5 billion bleed-out in the last 6 weeks.

在3月上半年，美国现货BTC ETF损失了15亿美元。仅在2月，该产品的每个SOSO价值就有35.6亿美元的流出。在过去的6周内，他们看到了超过50亿美元的出血。

Bitfinex analysts further warned that the mixed reading on U.S macroeconomic factors could still dent crypto markets. Despite Trump’s tariff wars, the U.S CPI inflation data came in cooler than expected for February.

Bitfinex分析师进一步警告说，美国宏观经济因素的混杂阅读仍然可能抑制加密货币市场。尽管特朗普的关税战争，但美国CPI通货膨胀数据还是比2月预期的要凉爽。

Unfortunately, the market is not expecting any Fed rate cut in the next FOMC meeting scheduled for 19 March. Interest traders have been pricing a 97% chance that the Fed would keep the rates unchanged at the current target of 4.25%-4.50%.

不幸的是，该市场预计在计划于3月19日举行的下一次FOMC会议上会降低任何美联储率。利息交易者一直在定价97％的机会，即美联储将利率保持不变的目标为4.25％-4.4.50％。

There is only a 3% chance of a 25bps rate cut during next week’s FOMC meeting. As such, BTC could still be stuck in choppy waters in the short term.

在下周的FOMC会议上，只有3％的机会降低25bps率。因此，在短期内，BTC仍然可以被困在波涛汹涌的水域中。