比特币 ETF 市场有望在 5.6 万美元支撑位复苏

在现货比特币 ETF 市场净流量低迷的情况下，分析师 Ki Young Ju 根据历史趋势预测可能出现复苏。 Ju 强调了 56,000 美元价格水平的重要性，新的 BTC 鲸鱼和 ETF 买家已经建立了一致的链上成本基础。 Ju 表示，如果比特币重新回到这一水平，可能会引发大量资金流入现货比特币 ETF 市场。尽管价格持续下跌，但 Ju 仍然保持乐观，因为历史牛市调整通常会带来 30% 左右的最大回撤，可能导致比特币跌至 51,000 美元。

Is Bitcoin ETF Market Poised for a Resurgence?

比特币 ETF 市场是否已准备好复苏？

Despite subdued netflows, some analysts remain optimistic about the future of the spot Bitcoin ETF market. Ki Young Ju, CEO of Cryptoquant, believes that a potential revival is on the horizon.

尽管净流量低迷，一些分析师仍然对现货比特币 ETF 市场的未来持乐观态度。 Cryptoquant 首席执行官 Ki Young Ju 认为，潜在的复苏即将到来。

What's the Significance of the $56,000 Level?

56,000 美元水平有何意义？

Ju highlights the importance of the $56,000 price level, noting that new BTC whales, particularly ETF buyers, have shown a consistent on-chain cost basis around this mark. This suggests that significant Bitcoin holders, especially those invested in ETFs, tend to have acquired their holdings at an average price of $56,000.

Ju 强调了 56,000 美元价格水平的重要性，并指出新的 BTC 鲸鱼，尤其是 ETF 买家，在这个水平附近表现出了一致的链上成本基础。这表明重要的比特币持有者，尤其是那些投资于 ETF 的人，往往以平均价格 56,000 美元购买其持有的比特币。

Could Bitcoin Dip Below $56,000?

比特币会跌破 56,000 美元吗？

While Bitcoin's price has been fluctuating between $62,000 and $68,000, Ju remains optimistic about the potential for a further descent. He suggests that price corrections during bull markets typically entail a maximum drawdown of around 30%. Based on Bitcoin's recent peak of $73,750, he believes that the cryptocurrency could still dip as low as $51,000.

尽管比特币的价格一直在 62,000 美元至 68,000 美元之间波动，但 Ju 对进一步下跌的可能性仍然持乐观态度。他表示，牛市期间的价格调整通常会带来 30% 左右的最大回撤。基于比特币最近的峰值 73,750 美元，他认为该加密货币仍可能跌至 51,000 美元。

What Happens If Bitcoin Retests $56,000?

如果比特币重新测试 56,000 美元会发生什么？

Ju believes that if Bitcoin were to revisit the $56,000 price level, the spot Bitcoin ETF market could witness substantial inflows. This is because significant Bitcoin holders, particularly those invested in ETFs, would be incentivized to buy more at a price they consider to be favorable.

Ju认为，如果比特币重新回到56,000美元的价格水平，现货比特币ETF市场可能会出现大量资金流入。这是因为重要的比特币持有者，特别是那些投资于 ETF 的人，将受到激励以他们认为有利的价格购买更多比特币。

Is Bitcoin Approaching Its Price Peak?

比特币是否已接近其价格峰值？

Currently, Bitcoin is trading at $64,065.74, reflecting a decline of 3.73% in the past 24 hours and 7.17% over the past week. With a daily trading volume valued at $39.62 billion, Bitcoin's price movements continue to capture the attention of investors and analysts alike. However, amidst speculations about the potential peak of Bitcoin's price leading up to the halving event in April, uncertainties loom over whether the cryptocurrency will revisit previous high price levels in the near future.

目前，比特币交易价格为64,065.74美元，过去24小时下跌3.73%，过去一周下跌7.17%。比特币的每日交易量高达 396.2 亿美元，其价格走势继续吸引投资者和分析师的关注。然而，在人们猜测比特币价格可能会在 4 月份减半之前见顶时，加密货币是否会在不久的将来重回之前的高价格水平存在不确定性。

Market Trends and Key Support Levels

市场趋势和关键支撑位

One critical level highlighted by Ju is $56,000, which holds significance for new BTC whales, particularly ETF buyers. Analysis of on-chain data reveals that these significant holders typically have a $56,000 on-chain cost basis, indicating their average purchase price for Bitcoin. Should Bitcoin descend to this specified price level, Ju anticipates a wave of massive inflows into the spot Bitcoin ETF market.

Ju 强调的一个关键水平是 56,000 美元，这对于新的 BTC 鲸鱼，尤其是 ETF 买家来说具有重要意义。对链上数据的分析表明，这些重要持有者的链上成本通常为 56,000 美元，这表明他们购买比特币的平均价格。 Ju 预计，如果比特币跌至这一特定价格水平，将会出现一波大规模资金流入现货比特币 ETF 市场的情况。

Could Bitcoin Drop to $51,000?

比特币会跌至 51,000 美元吗？

While Bitcoin's price currently hovers between $62,000 and $68,000, Ju believes that further descent is plausible, considering historical price correction patterns. In bull markets, corrections typically entail a maximum drawdown of around 30%, suggesting that Bitcoin could still trade as low as $51,000 based on its recent high of $73,750.

虽然比特币的价格目前徘徊在 62,000 美元至 68,000 美元之间，但 Ju 认为，考虑到历史价格修正模式，进一步下跌是合理的。在牛市中，调整通常需要最大 30% 左右的回撤，这表明比特币在近期高点 73,750 美元的基础上仍可能低至 51,000 美元。

Conclusion: Hope Amidst Price Declines

结论：价格下跌中的希望

While the spot Bitcoin ETF market faces challenges amid the price decline, insights from analysts like Ki Young Ju offer a ray of hope for potential recovery. As investors navigate the volatile cryptocurrency landscape, understanding market trends and key support levels becomes increasingly crucial for informed decision-making.

尽管现货比特币 ETF 市场因价格下跌而面临挑战，但 Ki Young Ju 等分析师的见解为潜在复苏带来了一线希望。随着投资者应对动荡的加密货币格局，了解市场趋势和关键支撑水平对于做出明智的决策变得越来越重要。