比特币（BTC）的交易略低于关键$ 90,000

比特币的交易略低于关键的$ 90,000水平，经过数周的不确定性，努力恢复看涨的动力。

Bitcoin (BTC) is struggling to maintain bullish momentum as it trades just below the critical $90,000 level, with market sentiment shifting slightly from extreme fear to cautious observation. However, confidence remains fragile, and analysts are split on what comes next.

比特币（BTC）努力保持看涨的势头，因为它的交易略低于关键的$ 90,000水平，市场情绪从极端的恐惧转变为谨慎的观察。但是，信心仍然脆弱，分析师在接下来会发生的事情上被分解。

According to some analysts, failure to reclaim $90K could extend the current downtrend, while others believe a breakout above this level could trigger a sharp move to the upside.

根据一些分析师的说法，未能收回$ 90K可能会扩大当前的下降趋势，而其他人则认为突破超过此水平可能会引发上升方向的急剧转移。

According to on-chain data from CryptoQuant, Bitcoin is now undergoing its seventh compression of Realized Volatility on the daily timeframe during this cycle.

根据CryptoQuant的链链数据，比特币现在正在此周期中对每日时间范围内实现的波动性进行第七次压缩。

These periods of low volatility often precede significant price moves, and the Garman-Klass Realized Volatility metric, used to assess intraday volatility, is currently flashing an alert, signaling that Bitcoin could be on the verge of a major breakout — in either direction.

这些低波动率的时期通常是在重大价格移动之前的，而Garman-Klass实现的波动率指标（用于评估盘中波动率）目前正在闪烁警报，这表明比特币可能处于重大突破的边缘 - 朝任一方向上。

According to historical data, four of the past six volatility compressions in this cycle have resulted in price increases, while two have led to declines.

根据历史数据，过去六个周期中的六个波动率压缩中有四个导致价格上涨，而两个则导致下降。

As Bitcoin hovers near a critical resistance level, this volatility squeeze is likely acting as a pressure valve, setting the stage for Bitcoin’s next big move, with traders watching closely for confirmation.

随着比特币徘徊在临界电阻水平接近的情况下，这种波动性挤压很可能充当压力阀，为比特币的下一个重大举措奠定了基础，交易员密切关注确认。

Bitcoin Momentum Stalls

比特币动量摊位

Bitcoin is showing resilience as it holds above the $85,000 mark, battling to stay afloat after weeks of persistent volatility.

比特币表现出弹性，因为它的稳定性超过了85,000美元，在持续的波动持续数周之后，比特币要战斗以保持生存。

However, upward momentum has begun to fade, and the price has failed to push higher despite repeated attempts. Bulls are struggling to reclaim the $90,000 level, while bears are increasingly testing the strength of the $85K support zone, with a clean break below this level confirming a deeper retracement and opening the door to further downside.

但是，向上的动力已经开始消失，尽管一再尝试，价格仍未提高。公牛队正在努力恢复90,000美元的水平，而熊则越来越多地测试了85,000美元的支撑区的强度，低于此水平的干净休息，确认了更深层次的回溯，并为进一步的缺点打开了大门。

According to Benzinga’s analysis, analysts remain divided on what comes next. Some warn that if Bitcoin fails to reclaim $90K soon, the market could enter a more prolonged correction phase, while others remain optimistic, placing emphasis on the potential for a breakout if bulls manage to regain control and flip resistance into support.

根据Benzinga的分析，分析师在接下来会发生的事情上仍然存在分歧。一些人警告说，如果比特币不尽快收回$ 90K，市场可能会进入更长的更正阶段，而其他人则保持乐观态度，如果公牛设法将控制权重新获得支持，则强调突破的潜力。

According to a recent X post by top analyst Axel Adler, BTC is now undergoing its seventh Realized Volatility compression on the daily timeframe in this cycle.

根据顶级分析师Axel Adler最近的X帖子，BTC现在正在该周期中的每日时间范围内实现第七次实现的波动性压缩。

The Garman-Klass Realized Volatility (GVZ) metric, typically used to assess intraday volatility, has also lit up an alert, signaling that a move of some magnitude is likely on the horizon.

Garman-Klass实现的波动率（GVZ）度量通常用于评估盘中的波动性，也点燃了警报，表明可能会出现一定程度的移动。

According to Adler’s analysis, these volatility compressions have often preceded major price shifts, with four out of six previous instances seeing Bitcoin rally sharply following the compression. In the remaining two cases, the move was to the downside.

根据Adler的分析，这些波动性压缩通常是在重大价格变化之前的，在压缩后，在上一个六个实例中，有四分之四的比特币急剧上升。在其余两种情况下，此举是不利的。

With Bitcoin critical resistance, this volatility squeeze could act as a launchpad for the next big move — up or down — with pressure building as traders await confirmation signals to reveal the market’s true direction.

凭借比特币的关键阻力，这种波动性挤压可以作为下一个重大行动（上下或向下）的发射台，随着交易员在等待确认信号以揭示市场的真实方向。