比特币在地缘政治动荡中动摇，但看涨前景完好

4 月 25 日，中东地缘政治紧张局势导致多头下跌 5%，比特币 (BTC) 出现下跌。受中东最新事态发展影响，BTC/美元徘徊在 64,000 美元左右。尽管流动性有所增加，但仍有大量报价超过 64,000 美元，最低报价为 63,500 美元。交易员对比特币的逐步复苏仍持乐观态度，理由是融资利率健康。在灰度比特币信托的推动下，美国现货比特币 ETF 出现净流出。市场预计短期盘整，上行潜力有限。

Bitcoin Wobbles Lower Amidst Geopolitical Jitters, But Bullish Sentiment Persists

比特币在地缘政治动荡中下跌，但看涨情绪依然存在

Bitcoin (BTC) witnessed a knee-jerk reaction to geopolitical developments on April 25, with its price dropping by approximately 5%. The initial dip to $63,575 coincided with escalating tensions in the Middle East. However, the digital asset attempted to establish support at $64,000 before the Wall Street open.

4 月 25 日，比特币 (BTC) 对地缘政治发展做出了下意识的反应，其价格下跌了约 5%。最初跌至 63,575 美元，恰逢中东紧张局势升级。然而，该数字资产试图在华尔街开盘前在 64,000 美元处建立支撑。

Data from Cointelegraph Markets Pro and TradingView reveals the formation of a liquidity cloud on both sides of BTC's spot price. On the downside, a comparatively modest bid interest centered around $63,500, the local low. Conversely, a substantial cloud of asks emerged, starting at approximately $75 million at $64,765 and extending up to $67,700.

来自 Cointelegraph Markets Pro 和 TradingView 的数据揭示了 BTC 现货价格两侧流动性云的形成。不利的一面是，相对温和的投标兴趣集中在 63,500 美元左右，这是当地的最低价。相反，出现了大量的询价，起价约为 7,500 万美元，价格为 64,765 美元，最高可达 67,700 美元。

Notably, Bitcoin managed to fill one of two recently created CME Group futures gaps with its latest downside move. This technical development indicates a potential for slow but steady price recovery going forward.

值得注意的是，比特币以其最新的下行走势成功填补了芝商所最近产生的两个期货缺口之一。这一技术发展表明未来价格有缓慢但稳定复苏的潜力。

Popular trader Daan Crypto Trades emphasized the "healthy" state of funding rates as a foundation for a gradual BTC price rebound. He cautioned against excessive long positions on the next bullish candle, highlighting the importance of maintaining a solid base for higher prices.

受欢迎的交易员 Daan Crypto Trades 强调资金利率的“健康”状态是 BTC 价格逐步反弹的基础。他警告不要在下一个看涨蜡烛上过度多头头寸，强调了维持更高价格的坚实基础的重要性。

QCP Capital's "New York Color" market update observed a shift in crypto sentiment on low-timeframes, with expectations of capped upside and short-term consolidation in spot price.

QCP Capital 的“New York Color”市场更新观察到加密货币情绪在低时间范围内发生转变，预计现货价格上涨空间有限且短期盘整。

Meanwhile, the United States' spot Bitcoin exchange-traded funds (ETFs) experienced net outflows on April 24, primarily driven by Grayscale Bitcoin Trust (GBTC). Notably, BlackRock's largest ETF offering witnessed zero inflows, an unusual occurrence.

与此同时，美国现货比特币交易所交易基金（ETF）在 4 月 24 日出现净流出，这主要是由灰度比特币信托（GBTC）推动的。值得注意的是，贝莱德最大的 ETF 产品资金流入为零，这是一个不寻常的现象。

Despite the recent volatility, Bitcoin's bullish prospects remain intact. The upcoming launch of spot ETFs in Hong Kong on April 30 marks another milestone in the institutional adoption of the world's leading cryptocurrency.

尽管最近出现波动，但比特币的看涨前景仍然完好无损。即将于 4 月 30 日在香港推出现货 ETF，标志着机构采用全球领先加密货币的又一个里程碑。

Technical Analysis

技术分析

BTC/USD 1-hour chart:

BTC/美元1小时图：

• The recent dip formed a support zone around $64,000.
• Liquidity clouds indicate potential resistance and support levels.
• A large cloud of asks suggests upside pressure.
• Modest bid interest at $63,500 provides downside support.

Market Sentiment

最近的下跌形成了 64,000 美元附近的支撑区域。流动性云表明潜在的阻力和支撑位。大量的询问表明上行压力。63,500 美元的适度买入兴趣提供了下行支撑。市场情绪

• Funding rates remain healthy, providing a basis for gradual price recovery.
• Sentiment has shifted towards short-term consolidation.
• Institutional adoption is on the rise with the launch of spot ETFs in Hong Kong.

Conclusion

资金费率保持健康，为价格逐步复苏奠定基础。市场情绪已转向短期盘整。随着香港现货 ETF 的推出，机构采用率不断上升。结论

While geopolitical uncertainties may trigger temporary price fluctuations, Bitcoin's long-term bullish outlook remains unchanged. The digital asset's resilience in navigating market volatility and the continued expansion of institutional adoption underscore its growing maturity and acceptance as a legitimate asset class. Investors are advised to exercise caution and conduct thorough research sebelum making any investment decisions.

尽管地缘政治的不确定性可能会引发暂时的价格波动，但比特币的长期看涨前景保持不变。数字资产在应对市场波动方面的弹性以及机构采用的持续扩大凸显了其作为合法资产类别的日益成熟和接受度。建议投资者谨慎行事，并在做出任何投资决定时进行彻底的研究。