比特币多头着眼于下一步行动之前的更深层次回调

比特币多头正在关注近期上涨后的更深层次回调。随着减半的临近，在看涨走势之前可能会出现“卖出事件”下跌。 59,400 美元和 55,500 美元的支撑位至关重要，因为跌破 50,500 美元可能预示着看跌逆转。突破 7.37 万美元将表明 BTC 市场结构继续看涨。

Will Bitcoin Bulls Wait for a Deeper Retracement?

比特币多头会等待更深的回调吗？

Bitcoin [BTC] has experienced a retracement of its recent gains. With the halving approaching, a short-term "sell the event" decline may occur before bulls regain momentum.

比特币 [BTC] 经历了近期涨幅的回撤。随着减半的临近，在多头重新获得动力之前，可能会出现短期的“卖出事件”下跌。

Bullish Structure, but Support Levels Key

看涨结构，但支撑位关键

BTC's daily market structure remains bullish, but a drop below $50.5k would signal a bearish reversal. Conversely, a move above $73.7k would indicate bullish continuation. Support levels at $59.4k and $55.5k are crucial for maintaining the uptrend.

BTC 的每日市场结构仍然看涨，但跌破 5.05 万美元将预示着看跌逆转。相反，突破 73,700 美元将表明看涨持续。 59,400 美元和 55,500 美元的支撑位对于维持上升趋势至关重要。

Momentum Waning, Liquidity Targets Identified

势头减弱，流动性目标已确定

Momentum indicators suggest that buyers have lost their advantage. The OBV has approached a support level, indicating that buyers may struggle to sustain prices above $60k. Liquidation levels around $60.8k, $57.2k, and $55k present potential targets for bears.

动能指标表明买家已经失去了优势。 OBV 已接近支撑位，表明买家可能难以将价格维持在 6 万美元以上。 6.08 万美元、5.72 万美元和 5.5 万美元左右的清算水平是空头的潜在目标。

Ethereum's Retest Rejected

以太坊的重新测试被拒绝

Ethereum [ETH] has already tested its 78.6% retracement level. Despite a strong bullish reaction, the bulls faced rejection below $3600. The OBV and RSI indicate that the retracement may not be complete, with a potential drop to $3160 or lower.

以太坊 [ETH] 已经测试了 78.6% 的回撤水平。尽管看涨反应强烈，但多头在 3600 美元下方遭遇拒绝。 OBV 和 RSI 表明回调可能尚未完成，有可能跌至 3160 美元或更低。

Liquidity Pockets and On-Chain Metrics

流动性口袋和链上指标

A significant liquidity pocket at $3000 could be tested soon. On-chain metrics provide mixed signals. The MVRV ratio remains positive, indicating that holders are still in profit. However, the dormant circulation metric has marked recent local tops, which could indicate panic selling.

3000 美元的重要流动资金可能很快就会受到考验。链上指标提供了混合信号。 MVRV 比率仍为正值，表明持有者仍在盈利。然而，休眠流通指标已达到近期局部最高点，这可能表明出现恐慌性抛售。

Solana's Upward Trajectory

Solana 的上升轨迹

Solana [SOL] has maintained its bullish momentum, despite the retracements in BTC and ETH. Bulls have yet to break below the 50% retracement level. The OBV and RSI support the bullish trend.

尽管 BTC 和 ETH 出现回调，但 Solana [SOL] 仍保持看涨势头。多头尚未跌破 50% 回撤位。 OBV 和 RSI 支持看涨趋势。

Support Levels and Indicator Analysis

支撑位和指标分析

Support levels at $106.9 and $128.8 could be retested if BTC falls below $60k. However, indicators suggest that a deep retracement is unlikely. The spot CVD and Open Interest indicate that bullish conviction is not strong yet, but selling pressure is also subdued.

如果 BTC 跌破 6 万美元，则可能会重新测试 106.9 美元和 128.8 美元的支撑位。然而，指标表明深度回调的可能性不大。现货CVD和未平仓合约表明看涨信心尚不强烈，但抛售压力也有所减弱。

Overall Market Outlook

整体市场展望

Despite the recent retracements, all three markets maintain a long-term bullish bias. A Bitcoin move above $73k is expected, given the recent demand. The losses of the past two weeks may prove to be a temporary setback in the overall uptrend.

尽管近期出现回调，但三个市场均保持长期看涨倾向。鉴于近期的需求，预计比特币将突破 7.3 万美元。过去两周的下跌可能只是整体上涨趋势中的暂时挫折。