随着市场无动于衷的增长，比特币努力赚取$ 10万美元的水平

在过去的一周中，比特币[BTC]一直在努力收回并在图表上保持其水平高于$ 10万美元。这个市场弱点是增长的标志

Bitcoin [BTC] has failed to reclaim and hold its levels above $100k on the charts over the past week. This market weakness is an indication of growing market indifference, with sellers strategically entering the market to take profits or sell to avoid further losses. In fact, BTC was trading below $100k for the 4th consecutive day at the time of writing – A first in 2025.

在过去一周中，比特币[BTC]未能在图表上收回并持有其水平高于$ 10万美元。这种市场的弱点表明市场不断增长，卖方从战略上进入市场以获利或出售以避免进一步的损失。实际上，BTC在撰写本文时连续第四天的交易价格低于10万美元 - 2025年首次交易。

Many have been prompted to speak out due to these market conditions, including CryptoQuant’s Crazzy, who recently highlighted the significance of the aforementioned level for the world’s largest cryptocurrency.

由于这些市场条件，包括加密富裕的Crazzy，许多人被提示大声疾呼，他们最近强调了上述水平对世界上最大的加密货币的重要性。

Bitcoin must hold above $100k for a reason

比特币必须持有超过$ 10万美元的原因

The $100k price level is currently more important than ever, according to CryptoQuant. Its significance arises from the need for short-term holders to become profitable.

CryptoQuant表示，目前，$ 10万美元的价格水平比以往任何时候都重要。它的意义源于短期持有人获得盈利的需求。

New investors who have held BTC for less than a month are currently seeing losses of 3%. Additionally, those who have held Bitcoin for less than 6 months have seen their profit margins decrease from 30% in November 2024 to 7% at press time.

持有BTC不到一个月的新投资者目前看到3％的损失。此外，那些持有比特币少于6个月的人的利润率从2024年11月的30％下降到了截止日期的7％。

While the drop presents opportunities for new buyers to r-enter the market and those considering DCS, BTC needs to hold above $100k to restore market confidence.

尽管下降为新买家提供了R-Enter市场的机会，而考虑到DC的人则为市场提供了机会，但BTC需要持有超过$ 10万美元的市场才能恢复市场信心。

If Bitcoin remains below $100k, investors will see more losses, leading to reduced investor sentiment. Especially for STHs, leading to panic selling.

如果比特币仍低于$ 10万美元，投资者将看到更多的损失，从而减少了投资者的情绪。特别是对于STH，导致恐慌销售。

For BTC, $100k is not only a psychological level but it is key to avoiding capitulation as market confidence depends on it. Here, it’s worth noting that a failure to hold these levels would result in prolonged stagnation and even more losses in the short term.

对于BTC而言，$ 10万美元不仅是一个心理层面，而且在市场信心取决于它的情况下避免投降的关键。在这里，值得注意的是，未能保持这些水平将导致短期停滞，甚至在短期内造成更多损失。

Can it recover to reclaim these levels?

可以恢复以收回这些水平吗？

Bitcoin has had trouble reclaiming higher resistance levels, but the market has not yet reached its peak. For example, according to AMBCrypto’s analysis, Bitcoin is currently experiencing a healthy retracement before the next leg up.

比特币在收回较高的阻力水平时遇到困难，但市场尚未达到顶峰。例如，根据Ambcrypto的分析，比特币目前在下一条领域之前经历了健康的回溯。

Therefore, BTC is still in a position to register more gains on its price charts.

因此，BTC仍然可以在其价格表上注册更多收益。

For instance, Bitcoin’s long-term holder supply has seen a sustained rise as of late. This seemed to imply that LTHs are not panic selling and might just continue to accumulate.

例如，比特币的长期持有人供应持续了持续上升。这似乎意味着LTHS并不是惊慌的销售，并且可能会继续积累。

This can be further evidenced by the fact that although the LTH SOPR declined, it has remained above 1 at 1.8.

尽管第lth的Sopr下降，但它的距离仍超过1.8，这可以进一步证明这一点。

With the LTH SOPR at these levels, it means that long-term holders’ profit taking is slowing down and it’s yet to turn to panic selling. This is a healthy correction within a bull market as LTH expects a less aggressive price hike in the short term.

在这些水平上的第LTH SOPR中，这意味着长期持有人的利润正在放缓，但尚未转向恐慌销售。这是牛市中的健康纠正，因为LTH预计短期内的价格不那么积极。

Moreover, we can see this reduced selling pressure among active participants in equal measures. This can be evidenced by reducing exchange inflows. In fact, exchange netflows returned to negative territory after turning positive over the past day. Netflows declined to -780.2, suggesting that more Bitcoin is leaving exchanges than entering – A sign of a shift in sentiment to bullish.

此外，我们可以看到有效参与者在同等措施中的销售压力降低。减少交换流入可以证明这一点。实际上，在过去的一天中，交换Netfrows转向正面后，又回到了负领土。 Netflows跌至-780.2，这表明比特币要留下的交易所要比进入的交流要多，这是对看涨的情绪转变的标志。

In conclusion, while long-term holders have not lost confidence, Bitcoin must avoid further losses. The prevailing market conditions show that LTHs are the ones supporting the market as short-term holders are at a loss or have low profits. Therefore, a trend reversal will strengthen LTHs conviction while restoring STHs confidence.

总之，尽管长期持有人没有失去信心，但比特币必须避免进一步的损失。盛行的市场条件表明，由于短期持有人亏损或利润较低，LTH是支持市场的。因此，趋势逆转将加强LTH的信念，同时恢复STH的信心。

Simply put, Bitcoin will have to break out and reclaim $100k for a bullish outlook to hold.

简而言之，比特币将不得不爆发并收回10万美元，以使其看涨前景。