著名的市场分析师山姆·普莱斯（Sam Price）以强大的宏观指标为由，驳回了比特币（BTC）峰值索赔

比特币的RSI，恐惧和贪婪指数和斐波那契水平表明市场接近底部，而不是顶部。

Prominent market analyst Sam Price has shot down claims that Bitcoin’s bull cycle has come to an end, highlighting several macro indicators which he says suggest the market is far from its peak.

著名的市场分析师山姆·普莱斯（Sam Price）宣布了比特币的牛周期结束的说法，强调了几个宏观指标，他说，这一宏观指标远非其顶峰。

In a recent thread, Price argued that Bitcoin is currently closer to the price bottom than the top, advising investors to capitalize on the recent dip.

普莱斯（Price）在最近的一个线程中认为，比特币目前比最低价格更接近最低价，建议投资者利用最近的下跌。

This view contrasts with the growing belief that the 2024/2025 bull run peaked at $109,000—a notion reinforced by CryptoQuant CEO Ki Young Ju, who recently declared the bull market over.

这种观点与越来越多的信念形成鲜明对比：2024/2025公牛的运行率达到109,000美元，这一概念是由CryptoQuant Ceo Ki Young Ju加强的，他最近宣布了牛市。

However, Price asserted that the Pi Cycle Indicator, developed by Phillip Swift, is one of the strongest signals for determining market cycles. This tool has historically predicted Bitcoin’s tops with great accuracy. A top is typically confirmed when the 111-day moving average crosses the 350-day moving average x2 (350DMA x2).

但是，普莱斯断言，由菲利普·斯威夫特（Phillip Swift）开发的PI周期指标是确定市场周期的最强信号之一。该工具历史上以极高的准确性预测了比特币的上衣。当111天移动平均线越过350天移动平均线X2（350DMA X2）时，通常会确认顶部。

Currently, these moving averages remain relatively far apart, signaling that Bitcoin is still in an uptrend and closer to a bottom than a peak. Additionally, recent price action aligns with a macro higher-low structure, which usually precedes higher highs. Nevertheless, Price noted that a weekly close between $58,000 and $56,000 would invalidate this bullish outlook.

目前，这些移动平均值保持相对较远，表明比特币仍处于上升趋势，并且比峰值更接近底部。此外，最近的价格动作与宏观高的结构保持一致，该结构通常在更高的高点之前。尽管如此，普莱斯指出，每周的58,000美元至56,000美元之间的收盘价将使这种看涨的前景无效。

Another critical metric identified by Price is a hidden bullish divergence on Bitcoin’s weekly timeframe. This occurs when price forms a higher low, while an oscillator—such as Relative Strength Index (RSI)—forms a lower low, suggesting a continuation of the uptrend.

价格确定的另一个关键指标是对比特币每周时间表上隐藏的看涨差异。当价格形成较高的低点时，振荡器（例如相对强度指数（RSI））形成了较低的低点，这会发生这种情况。

After hitting January 20 highs, BTC recently experienced a 23% correction, but the RSI formed a lower low at the same time. Throughout history, this pattern has tended to precede strong rebounds.

在达到1月20日的高点之后，BTC最近经历了23％的校正，但RSI同时又形成了较低的低点。在整个历史上，这种模式倾向于在强大的篮板之前。

Moreover, Bitcoin is now approaching the 1.618 Fibonacci level (Golden Pocket), a key retracement zone where price reversals often take place.

此外，比特币现在正在接近1.618斐波那契水平（Golden Pocket），这是一个钥匙回试区，价格逆转经常发生。

Price also noted that Bitcoin’s daily RSI dropped to 23 on March 11—a level seen only twice in recent times. Both previous instances marked significant macro bottoms:

普莱斯还指出，比特币的每日RSI在3月11日下降到23次，最近仅两次。以前的两个实例都标志着重要的宏观底部：

November 10, 2022 – RSI hit 23 as Bitcoin fell to $15,854 before a major rally.

2022年11月10日 - RSI在大集会之前跌至15,854美元，而RSI达到23美元。

September 7, 2023 – RSI reached 23 at $25,639, marking another price low before a surge.

2023年9月7日 - RSI以$ 25,639的价格达到23，标志着在激增之前的另一个低价。

Similarly, Bitcoin’s Fear and Greed Index (FGI) plunged to 10 on February 27, which historically aligns with major buying opportunities.

同样，比特币的恐惧和贪婪指数（FGI）于2月27日跌至10，历史上符合主要购买机会。

This, combined with other indicators, suggests that investors should be considering dollar-cost averaging (DCA) their Bitcoin positions ahead of the next rally.

这与其他指标相结合，表明投资者应考虑在下一次集会之前考虑其比特币位置的美元成本（DCA）。