随着加密货币的整合，比特币多头在华尔街面临着复杂的信号

Bitcoin Bulls Face Mixed Signals on Wall Street

华尔街的比特币多头面临着复杂的信号

As the markets opened on Wall Street on March 26, Bitcoin (BTC) paused its recent gains to consolidate, leaving traders with mixed signals.

3 月 26 日华尔街开盘时，比特币 (BTC) 暂停了近期的涨势以进行盘整，这给交易者带来了复杂的信号。

BTC Downside: Path of Least Resistance?

BTC下行：阻力最小的路径？

Intraday data indicates that Bitcoin's upward momentum faded, with BTC/USD dropping by up to 3.2%. Hovering near its all-time high of $69,000 set in 2021, Bitcoin seemed uncertain of its next direction after sharp gains over the past 24 hours.

盘中数据显示，比特币上涨动力减弱，BTC/美元跌幅高达3.2%。比特币徘徊在 2021 年创下的 69,000 美元历史高点附近，在过去 24 小时大幅上涨后，比特币似乎不确定下一步走向。

Despite the setback, market dynamics suggest both bullish potential and the possibility of continued correction. Preliminary data from Arkham, a crypto intelligence firm, shows that outflows from the Grayscale Bitcoin Trust (GBTC) were a modest $120 million, significantly below the weekly average.

尽管遭遇挫折，但市场动态表明看涨潜力和持续修正的可能性。加密情报公司 Arkham 的初步数据显示，灰度比特币信托基金 (GBTC) 的资金流出量为 1.2 亿美元，远低于每周平均水平。

However, a lack of bid liquidity beneath the current spot price raises the odds of a return to lower support levels. Keith Alan, co-founder of Material Indicators, observed that "in terms of liquidity, the path of least resistance is down. That's not speculation."

然而，当前现货价格下方缺乏投标流动性，增加了回到较低支撑位的可能性。 Material Indicators 联合创始人基思·艾伦 (Keith Alan) 指出，“就流动性而言，阻力最小的路径是向下。这不是投机。”

Weekly and Monthly Candles: Pivotal Moments

每周和每月蜡烛：关键时刻

Alan highlighted the upcoming weekly and monthly candle closes as pivotal events. "With last week's close at $68.9k and last month's close at $61.1k we could (and should) see one or both of those levels tested relative to the candle close/open on Sunday," he said.

艾伦强调即将到来的每周和每月蜡烛收盘价是关键事件。 “鉴于上周收盘价为 68,900 美元，上个月收盘价为 61,100 美元，我们可以（并且应该）看到其中一个或两个水平相对于周日蜡烛收盘/开盘进行测试，”他表示。

Retracing 2020 Breakout Pattern?

重回2020年突破模式？

Popular trader and analyst Rekt Capital emphasized the importance of flipping $69,000 into definitive support. According to his YouTube analysis, this move would create a solid foundation for price discovery and keep BTC/USD within historical norms.

受欢迎的交易员和分析师 Rekt Capital 强调了将 69,000 美元转为明确支撑位的重要性。根据他的 YouTube 分析，此举将为价格发现奠定坚实的基础，并使 BTC/USD 保持在历史正常范围内。

Comparing Bitcoin's price patterns to its 2020 rally before the previous block subsidy halving, Rekt Capital noted that Bitcoin should be in its "pre-halving retracement" phase, followed by a "post-halving reaccumulation phase."

Rekt Capital 将比特币的价格模式与 2020 年上次区块补贴减半之前的反弹进行比较，指出比特币应该处于“减半前回撤”阶段，随后是“减半后重新积累阶段”。

"We’ve seen a fantastic take us to new all-time highs. This pre-halving retrace of 18% has occurred, could be over, but of course, this pre-halving retrace exists to enable a sideways range — a reaccumulation structure that sees us just consolidate for a long time," he explained.

“我们已经看到了一个奇妙的现象，将我们带到了新的历史高点。减半前 18% 的回撤已经发生，可能已经结束，但当然，这种减半前回撤的存在是为了实现横盘区间——一种重新积累结构这让我们在很长一段时间内保持整合，”他解释道。

Disclaimer: This article does not provide investment advice. All investment decisions should be made after conducting thorough research and consulting with qualified financial professionals.

免责声明：本文不提供投资建议。所有投资决策均应在进行彻底研究并咨询合格的金融专业人士后做出。