5个信号本周不忽略比特币

比特币在陷入困境的水域中航行，在反弹的希望和对回调的恐惧之间。本周，有5个决定性因素可以塑造其轨迹

Bitcoin price action has been closely watched in recent times, as the world's largest cryptocurrency navigates a turbulent market landscape. Between hopes of a recovery and fears of a pullback, several key signals are emerging that could decisively shape BTC's trajectory this week. Here are 5 crucial elements to watch.

最近，随着世界上最大的加密货币导航动荡的市场景观，比特币价格行动最近受到关注。在恢复的希望和对回调的恐惧之间，出现了一些主要信号，可以决定本周BTC的轨迹。这是5个关键要素。

1. Bitcoin tests a key support around $90,000

1。比特币测试密钥支撑大约90,000美元

After the Bybit hack last Friday, Bitcoin price encountered resistance at $92,000 and pulled back slightly. However, the crucial support around $90,000 remained intact. As the weekend approached, Bitcoin price largely consolidated within a narrow range, awaiting fresh directional cues.

在上周五的拜百比（Bybit）黑客攻击之后，比特币的价格遇到了92,000美元的阻力，并略有退缩。但是，至关重要的支持约为90,000美元。随着周末的临近，比特币价格在狭窄的范围内大部分固结，等待新的定向线索。

Traders are keeping an eye on the liquidity levels and anticipating a battle between buyers and sellers at key price points. Some traders see a bullish potential towards $94,700, while others expect a return towards $90,000 before a possible recovery.

贸易商一直在关注流动性水平，并预计以关键价格的买卖双方之间的斗争。一些交易者看到了94,700美元的看涨潜力，而另一些交易者则预计在可能的恢复之前将回报到90,000美元。

2. US inflation and the risk of stagflation

2。美国通货膨胀和陷阱的风险

One major macroeconomic event that will be closely watched this week is the publication of the PCE index on February 28. The Personal Consumption Expenditures (PCE) index is the Federal Reserve's preferred measure of inflation. Economists polled by Trading Economics expect the PCE index to rise by 0.5% month-over-month in January, following a 0.4% increase in December.

本周将在2月28日发布PCE指数的一项重大宏观经济事件。个人消费支出（PCE）指数是美联储对通货膨胀的首选措施。通过交易经济学进行调查的经济学家预计，在12月增长0.4％的情况下，PCE指数将在1月增长0.5％。

The PCE index is a broad measure of inflation that takes into account both goods and services. It is also adjusted for seasonal changes. A higher-than-expected reading could put pressure on the Federal Reserve to raise interest rates more quickly, which would likely be bearish for Bitcoin and other risky assets.

PCE指数是一种考虑到商品和服务的广泛通货膨胀量。它还进行了调整以进行季节性变化。比预期更高的阅读可能会对美联储更快地提高利率的压力，这对于比特币和其他风险资产可能是看跌的。

3. Gold rising sharply despite a strong dollar

3。尽管美元很强，黄金急剧上升

Another interesting development in the financial markets this week is the sharp rise in the price of gold. Gold typically benefits from inflation, as it is seen as a store of value. However, the strong dollar this year has put pressure on gold, as a strong dollar makes it more expensive for foreign buyers to purchase gold.

本周金融市场的另一个有趣的发展是黄金价格的急剧上涨。黄金通常受益于通货膨胀，因为它被视为价值存储。但是，今年的强劲美元对黄金施加了压力，因为强劲的美元使外国买家购买黄金的价格更高。

Despite this headwind, gold price continues to break historical records, rallying to its highest level in seven months. Interestingly, gold and the dollar are rising simultaneously, which is a rare phenomenon. Some analysts believe that Bitcoin often follows gold with a lag of three to six months, which could signal a significant rise for BTC in the coming months.

尽管有这种逆风，金价仍在继续打破历史记录，在七个月内将其集结到最高水平。有趣的是，黄金和美元同时上升，这是一种罕见的现象。一些分析人士认为，比特币经常遵循三到六个月的黄金，这可能表明在未来几个月中，BTC的幅度显着增加。

4. A volatility at its lowest, signaling a major movement

4。最低的波动性，标志着主要运动

Another technical indicator that is closely watched by Bitcoin traders is the realized volatility. The realized weekly volatility of Bitcoin is currently at 28.9, close to its historical lows. Such compression levels have historically preceded significant market movements.

比特币交易者密切关注的另一个技术指标是实现的波动性。比特币的实现每周波动率目前为28.9，接近其历史低点。这种压缩水平在历史上已经进行了重大的市场发展。

The low interest from buyers and sellers at key price points is creating a tense expectation, suggesting that a violent movement, bullish or bearish, is imminent.الخامس. Decline in on-chain activity and investor sentiment

买卖双方以关键价格的低兴趣是建立了紧张的期望，这表明迫在眉睫的暴力运动或看跌是迫在眉睫的。链上活动和投资者情绪下降

Finally, some on-chain metrics and measures of investor sentiment are also showing signs of a slowdown in activity. Bitcoin network indicators, such as the number of active addresses and the ETF demand, are both declining.

最后，一些链上指标和投资者情绪的度量也表明了活动放缓的迹象。比特币网络指标（例如活动地址的数量和ETF需求的数量）都在下降。

CryptoQuant compares this trend to previous corrections in the bullish cycle, where on-chain activity typically slows down as the price peaks. The Fear & Greed Index also stagnates in neutral territory this week, highlighting the persistent uncertainty in the market.

加密量将这一趋势与看涨周期中的先前校正进行了比较，在看涨周期中，链链活动通常会随着价格达到峰值而减慢。恐惧和贪婪指数本周也停滞在中立领土上，强调了市场的持续不确定性。