比特币（BTC）努力折扣超过$ 98K，面对关键趋势线的阻力

比特币的价格超过了98,000美元，这使交易者和投资者的积极前景恢复了。这种基本价格阈值的破坏产生了猜测。

Bitcoin price reached a high of $98,000 in recent trading sessions, indicating a potential for further upward price movement.

比特币价格在最近的交易课程中达到了98,000美元，这表明有可能进一步向上价格上涨。

However, the coin encountered resistance at a key trendline and dropped below the $97K support level, retracing to $96,611.89.

但是，硬币以关键趋势线遇到阻力，并降至97,000美元的支撑级别以下，回升至96,611.89美元。

The cryptocurrency faces unpredictable price movements as demand seems to be diminishing.

由于需求似乎正在减少，加密货币面临着不可预测的价格变动。

Bitcoin Price Faces Resistance at Key Trendline

比特币价格面对关键趋势线的阻力

Bitcoin price increases recently had traders and investors anticipating a positive outlook as the coin briefly surpassed the $98,000 level.

最近，随着硬币短暂超过98,000美元的水平，比特币价格上涨最近有望获得积极的前景。

This breakout had many speculating on when Bitcoin would reach its next major target of $100,000.

这次突破有很多猜测比特币将何时达到其下一个100,000美元的主要目标。

However, the recent price movements do not seem to be meeting the high expectations that were building over the last couple of days.

但是，最近的价格变动似乎并没有达到过去几天中建立的高期望。

Crypto analyst Ali Martinez observed Bitcoin facing major resistance at an hourly descending trendline despite the recent price increases.

加密分析师阿里·马丁内斯（Ali Martinez）观察到比特币在每小时下降的趋势线上面临重大阻力，尽管价格最近上涨。

In addition, Martinez noted several failed upward attempts by Bitcoin against this descending trendline with three consecutive rejections.

此外，马丁内斯（Martinez）指出，比特币连续三次拒绝，比特币对这一下降趋势线进行了几次失败的向上尝试。

Bitcoin’s current upward momentum remains at risk as the repeated failures to break through resistance barriers could halt price gains.

比特币目前的向上势头仍然处于危险之中，因为反复通过阻力障碍可能会停止价格上涨。

A failure for the price to cross this trendline would result in a market correction, preventing Bitcoin from reaching $100,000.

价格未能越过这一趋势线将导致市场更正，从而阻止比特币达到100,000美元。

Accumulation Trend Score Indicates Weak Activity by Major Investors

累积趋势得分表明主要投资者的活动较弱

Moreover, the Accumulation Trend Score shows decreasing buying activity from major investors at the moment.

此外，积累趋势得分显示目前主要投资者的购买活动减少。

Data shared by Ali Martinez indicates that major market participants have stopped investing in Bitcoin at this point, which usually signals a bearish outlook.

阿里·马丁内斯（Ali Martinez）共享的数据表明，此时主要的市场参与者已经停止投资比特币，这通常标志着看跌前景。

Bitcoin accumulation by institutional investors peaked between October 2024 and January 2025 before institutions began pulling out of the market.

机构投资者的比特币积累在2024年10月至2025年1月之间达到顶峰，然后机构开始退出市场。

As a result, the current low accumulation activities are in stark contrast to what was observed earlier in the market cycle. Both major investment entities and retail buyers are showing less interest in acquiring Bitcoin at the moment.

结果，目前的低积累活动与市场周期早期观察到的情况形成了鲜明对比。目前，主要的投资实体和零售买家对购买比特币的兴趣较小。

The decreasing market demand puts pressure on Bitcoin prices, reducing its ability to sustain new levels of gains.

市场需求的减少给比特币价格施加了压力，从而降低了其维持新水平收益的能力。

The lack of intense buying by investors may pose additional challenges for Bitcoin to cross important price levels, especially as it approaches the $100,000 mark.

投资者缺乏强烈的购买可能会对比特币跨越重要的价格水平构成其他挑战，尤其是当它接近100,000美元时。

Bitcoin Apparent Demand Declines

比特币明显需求下降

Furthermore, data from CryptoQuant shows that Bitcoin apparent market demand decreased significantly from a high of 279,000 in December 2024 to reach only 70,000 in January 2025.

此外，来自加密货币的数据表明，比特币明显的市场需求从2024年12月的279,000人的高处显着下降，到2025年1月仅达到70,000。

The decreasing demand for Bitcoin affects its market price substantially.

对比特币的需求减少会大大影响其市场价格。

Slowing market demand both decreases trading volume and price movement and indicates that the market will likely experience price consolidation.

市场需求放缓均减少交易量和价格变动，并表明市场可能会体验价格合并。

Meanwhile, as economic volatility and the effects of inflation concerns are being felt by investors, it seems that the market demand has decreased.

同时，由于投资者感受到了经济波动和通货膨胀关注的影响，因此市场需求似乎有所下降。

In this regard, the lack of enough retail buyer interest to support the price growth of the market is being compounded by the decreasing accumulation of Bitcoin by major investors.

在这方面，缺乏足够的零售买方利息来支持市场的价格增长，这是由于主要投资者的减少比特币积累而变得更加复杂。

On the other hand, according to JPMorgan, institutional investors are cashing in profits due to the lack of positive market catalysts.

另一方面，根据摩根大通的说法，由于缺乏积极的市场催化剂，机构投资者正在兑现利润。

The firm noted that pro-crypto U.S. initiatives would only impact the market in the second half of 2025.

该公司指出，Pro-Crypto美国计划只会在2025年下半年影响市场。

Bitcoin, along with Ethereum, faced “momentum decay” as funds with momentum-driven strategies decreased their portfolio exposure while Ethereum’s momentum indicators shifted into a negative trend.

比特币与以太坊一起面临“动量衰减”，因为采用动量驱动策略的资金减少了投资组合的曝光率，而以太坊的动量指标转向了负面趋势。

At press time, Bitcoin price is down 0.76% and trades at $96,621.42. It faces resistance around $100K, having fallen below key support at $97.45K.

发稿时，比特币价格下跌0.76％，交易价格为96,621.42美元。它面临着$ 10万美元的抵抗力，跌至关键支持下，价格为$ 97.45K。

A breakout above $100K could target $102K, but it remains to be seen if it can sustain the momentum and come out of the current slump.

超过$ 10.K的突破可能会以$ 102K的目标为目标，但是是否可以维持势头并摆脱当前的低迷，还有待观察。