比特币短暂飙升至90,00美元，在3月5日至3月6日之间获得了6.8％的收益，在由于宏观经济问题而逆转之前。

比特币最近赚取95,000美元的尝试是短暂的，因为宏观经济和地缘政治逆风在达到90,00美元后迫使价格逆转。

Bitcoin briefly touched $92,000 on Monday, gaining 6.8% between March 5 and 6, before reversing due to macroeconomic concerns and a potential shift in institutional risk appetite. The S&P 500 volatility index (VIX) hit its highest level in 11 weeks, signaling increased risk aversion.

比特币在周一短暂触及了92,000美元，在3月5日至6日之间获得了6.8％的收入，然后由于宏观经济问题和机构风险食欲的潜在转变而逆转。标准普尔500指数（VIX）在11周内达到了其最高水平，这表明风险规避增加。

Bitcoin's attempt to break above $95,000 was ultimately unsuccessful, as several factors forced a reversal in momentum after hitting $92,000.

比特币试图超过$ 95,000的尝试最终失败了，因为几个因素在达到92,000美元后迫使势头逆转。

Recession fears and the Federal Reserve's cautionary stance dampened market sentiment. Philadelphia Federal Reserve President Patrick Harker warned of increasing stress on the consumer sector, especially among lower-income groups.

经济衰退的恐惧和美联储的警示立场削弱了市场情绪。费城美联储总裁帕特里克·哈克（Patrick Harker）警告说，对消费部门的压力增加了，尤其是在低收入群体中。

While Harker suggested that price pressures are retreating, he did not project economic strength, which could limit Bitcoin's upside in the coming months.

哈克（Harker）建议价格压力正在撤退，但他没有投射经济实力，这可能会限制在未来几个月内比特币的上升空间。

The VIX reached 24, its highest since early November, indicating heightened risk aversion among institutional investors. As a result, traders are shifting to cash and cash-equivalents, anticipating potential rate cuts but also bracing for economic downturn risks.

VIX达到了24人，这是11月初以来最高的，表明机构投资者的风险规避增强。结果，贸易商正在转移到现金和现金等值，预计潜在的降低速度，但也为经济低迷的风险做好准备。

The S&P 500 dropped 1.3 percent, which also triggered Bitcoin's reversal as institutional risk appetite declined.

标准普尔500指数下降了1.3％，这也引发了比特币的逆转，因为机构风险的胃口下降。

Bitcoin has historically struggled during economic slowdowns as traders tend to hedge against uncertainty by exiting speculative assets and shifting towards the U.S. dollar or other safe-haven investments.

历史上，比特币在经济放缓期间一直在挣扎，因为交易者倾向于通过退出投机资产并转移到美元或其他安全投资来抵制不确定性。

Bitcoin faces several headwinds that could stall its recovery in the short term. The Ukraine conflict and tariff disputes have driven higher market volatility.

比特币面临的几个逆风可能会在短期内停止恢复。乌克兰冲突和关税纠纷导致了更高的市场波动。

Bitcoin has underperformed in past high-volatility periods, as risk-averse investors retreat from speculative assets and institutions prefer to hold low-volatility assets such as bonds.

比特币在过去的高挥发率期间表现不佳，因为规避风险的投资者从投机性资产中撤退，而机构更喜欢持有低挥发性资产，例如债券。

A prolonged escalation in global tensions could further delay Bitcoin's breakout above the $95,000 resistance.

全球紧张局势的延长升级可能会进一步将比特币的突破超过95,000美元的阻力。

Increased uncertainty forces investors to de-risk portfolios, ultimately placing a ceiling on Bitcoin's upside in the short term.

不确定性的增加迫使投资者进入脱离风险投资组合，最终在短期内将天花板放在比特币的上行空间上。

Investors are awaiting clarity from the March 7 Crypto Summit, which could influence Bitcoin's long-term policy outlook.

投资者正在等待3月7日加密峰会的清晰度，这可能会影响比特币的长期政策前景。

If the U.S. government simply halts Bitcoin sales from administrative seizures, it could disappoint investors who are hoping for a more aggressive pro-crypto stance from the Trump administration.

如果美国政府只是阻止比特币销售从行政发作中销售，那么它可能会让那些希望从特朗普政府采取更具侵略性的亲克莱普特立场的投资者感到失望。

If the reserve proposal hinges on Congressional approval, the market may reassess Bitcoin's potential upside, awaiting regulatory clarity to determine if a crypto ETF could be approved.

如果储备提案取决于国会批准，那么市场可能会重新评估比特币的潜在上涨空间，等待监管性的清晰度，以确定是否可以批准加密ETF。

The market needs a decisive pro-Bitcoin stance from the U.S. government to fully support a continuation of the rally and unlock further upside for Bitcoin.

市场需要从美国政府做出决定性的亲甲币立场，以充分支持集会的延续，并解锁比特币的进一步上涨空间。

However, despite these challenges, global monetary policy trends could ultimately benefit Bitcoin.

但是，尽管面临这些挑战，但全球货币政策趋势最终可能会使比特币受益。

China has signaled more room for fiscal stimulus in the coming months, while the European Central Bank is shifting toward less restrictive policies to support the eurozone economy.

在未来几个月中，中国标志着财政刺激的空间，而欧洲中央银行则朝着支持欧元区经济的限制性较小的政策转移。

Bitcoin has historically thrived in liquidity expansion cycles, with Lyn Alden's research showing a strong 83 percent correlation between Bitcoin and global liquidity trends over the past decade.

从历史上看，比特币在流动性扩张周期中蓬勃发展，林恩·奥尔登（Lyn Alden）的研究表明，在过去十年中，比特币与全球流动性趋势之间的相关性持续了83％。

If monetary easing accelerates, Bitcoin could regain its bullish trend as liquidity injections push investors toward hard assets and speculative investments.

如果货币缓解加速，比特币可以重新获得其看涨趋势，因为流动性注射将投资者推向艰苦的资产和投机性投资。

Key Levels to Watch

观看的关键水平

$95,000 Resistance: Bitcoin needs a reduction in macro uncertainty and a decisive move above $95,000 to signal a continuation of the rally.

95,000美元的电阻：比特币需要减少宏观不确定性，而决定性的举动超过$ 95,000，以表明延续集会。

Crypto Summit Outcome: Clearer policy direction from the Trump administration could trigger a reassessment of Bitcoin's potential in the coming months.

加密峰会的结果：特朗普政府更明确的政策方向可能会引发未来几个月比特币潜力的重新评估。

Global Liquidity Trends: If monetary easing accelerates, we could see renewed upside momentum in Bitcoin.

全球流动性趋势：如果货币降低加速，我们可以看到比特币的上升势头。