比特幣 (BTC) 八月結束，九月帶來新挑戰

比特幣 (BTC) 8 月表現不佳，下跌 8.6%，收盤時創下兩週新低。跌勢持續到 9 月份，BTC 價格疲軟推動

Bitcoin (BTC) price ended August on a sour note as the month closed with a fresh two-week low, losing 8.6%. The drop continued into September, with BTC price weakness pushing the cryptocurrency below $57,500 on Bitstamp, a level last seen on Aug. 16.

比特幣 (BTC) 價格在 8 月結束時表現不佳，當月收盤時創下兩週新低，下跌 8.6%。跌勢持續到 9 月份，BTC 價格疲軟將 Bitstamp 上的加密貨幣推低至 57,500 美元以下，該水平上次出現於 8 月 16 日。

BTC/USD 1-hour chart. Source: TradingView

BTC/美元 1 小時圖。來源：TradingView

The weekend’s less liquid conditions made for a grim monthly close, with buyers unable to prevent further losses.

週末流動性較差導致月度收盤慘淡，買家無法阻止進一步損失。

Consequently, Bitcoin finished August down 8.6%, below its average of 1.75% gains, per data resource tracker CoinGlass.

因此，根據數據資源追蹤器 CoinGlass 的數據，比特幣 8 月收盤下跌 8.6%，低於 1.75% 的平均漲幅。

Historically, September has been a challenging month for Bitcoin, with average losses of 4.5%. This year is no exception, as BTC/USD stares down a potentially bearish month.

從歷史上看，9 月對比特幣來說是充滿挑戰的一個月，平均損失為 4.5%。今年也不例外，比特幣/美元將迎來一個潛在的看跌月份。

Experts Are Cautious of Any Surprise Corrections

專家對任何意外修正持謹慎態度

Traders are eyeing potential liquidity grabs, with some predicting a push into local lows before any relief for bulls. Short squeeze odds target $61,300, while others see the mid-$60,000 range as a short-term target.

交易員正在關注潛在的流動性攫取，有些人預測在多頭緩解之前，市場會跌至局部低點。空頭擠壓賠率目標為 61,300 美元，而其他人則將 60,000 美元中間範圍視為短期目標。

Popular trader Crypto Chase noted, ” Bulls want to see 55.5-56.5K hold or decisive PA above 61K.~ Losing 55K likely means 51K.~ Been patient over the past week, don't believe I've missed much. Waiting for higher confidence trades.”

受歡迎的交易員 Crypto Chase 指出，「多頭希望看到 55.5-56.5K 持有或決定性 PA 高於 61K。~ 損失 55K 可能意味著 51K。~ 過去一周保持耐心，不要相信我錯過了太多。等待信心更高的交易。

$BTC Local level taking a beating, wouldn't be surprised if it gives way eventually. Bulls want to see 55.5-56.5K hold or decisive PA above 61K~. Losing 55K likely means 51K~.Been patient over the past week, don't believe I've missed much. Waiting for higher confidence trades. pic.twitter.com/cME09gCMlL

$BTC 當地水平遭受打擊，如果它最終屈服也不會感到驚訝。多頭希望看到55.5-56.5K守住或果斷PA高於61K~。失去55K可能意味著51K~。等待信心較高的交易。 pic.twitter.com/cME09gCMlL

While analyzing the weekly BTC chart, Rekt Capital made a stern observation.

在分析 BTC 週線圖時，Rekt Capital 做出了嚴格的觀察。

#BTC Bitcoin continues to retest the Channel Bottom

#BTC 比特幣繼續重新測試通道底部

Bitcoin needs to Weekly Close above $58450 to confirm the Channel bottom (black) as support

比特幣需要每週收盤價高於 58450 美元才能確認通道底部（黑色）作為支撐

Retest is still in progress$BTC #Bitcoin https://t.co/4tbcFtQEuF pic.twitter.com/juOeY0Tvta

重新測試仍在進行中$BTC #Bitcoin https://t.co/4tbcFtQEuF pic.twitter.com/juOeY0Tvta

CoinGlass liquidity data gave more weight to the bearish narrative, with price slicing through layer after layer in its downward dive over the final week of August.

CoinGlass 流動性數據更加凸顯了看跌的說法，價格在 8 月最後一周的下跌過程中一層又一層地切入。

BTC liquidation heatmap (screenshot). Source: CoinGlass

BTC 清算熱圖（截圖）。來源：CoinGlass

CrypNuevo suggested in an X thread that both upside and downside liquidity hunts could come this week, as he went ahead to give the target for a potential upside liquidity grab as $61,300.

CrypNuevo 在 X 主題中表示，本周可能會出現上行和下行流動性搜尋，他繼續將潛在上行流動性攫取的目標定為 61,300 美元。

In a trading perspective, I'm favoring longs so I'd prefer seeing the move down first to hit the liquidations and fill the wick at $56.6k where I could long.

從交易的角度來看，我傾向於做多，所以我更願意看到價格首先下跌，以達到清算並填補我可以做多的 56,600 美元的燈芯。

So I'm keeping a long order at that $56.6k level on Sunday & Monday in case we see a false move at the start of the week.

因此，我在周日和周一將多頭訂單保持在 56,600 美元的水平，以防我們在本周初看到錯誤的走勢。

Reaccumulation Range Nears End

再聚集範圍接近尾聲

Bitcoin begins September on a weak note, with monthly and weekly closes triggering a decline in the BTC price. Currently trading at around $60,000+, BTC is showing a lack of upward momentum, as market analysis reveals a lack of enthusiasm among traders.

比特幣在 9 月開始表現疲軟，每月和每週的收盤價引發了 BTC 價格的下跌。目前，BTC 的交易價格約為 6 萬美元以上，缺乏上漲動力，市場分析顯示交易者缺乏熱情。

Will this month repeat the pattern of the previous September, which has historically been challenging for Bitcoin? September has a reputation for being a difficult month for BTC, with prices often experiencing a downturn.

這個月是否會重複去年九月的模式，這對比特幣來說歷來都是充滿挑戰的？ 9 月對 BTC 來說是一個艱難的月份，價格經常下跌。

September marks the deadline for Bitcoin’s post-halving “reaccumulation range” to be completed. This period, which has been in place since May 2020, is a key phase for Bitcoin price action, and its conclusion could set the stage for a new market phase, Rekt Capital summarized in an X thread.

9月是比特幣減半後「重新累積區間」完成的最後期限。 Rekt Capital 在 X 主題中總結道，自 2020 年 5 月以來，這段時期是比特幣價格走勢的關鍵階段，其結束可能為新的市場階段奠定基礎。

BTC/USD 1-hour chart. Source: Skew

BTC/美元 1 小時圖。資料來源：傾斜

Bitcoin failed to impress around the latest monthly close, and conditions have remained tenuous. Data from TradingView shows that bulls have been powerless to overcome sell-side pressure, which popular trader Skew shows has characterized low-timeframe market conditions in his analysis shared in X.

比特幣在最近的月度收盤價附近未能給人留下深刻印象，而且情況仍然脆弱。 TradingView 的數據顯示，多頭無力克服賣方壓力，受歡迎的交易員 Skew 在 X 中分享的分析中表明，這種壓力體現了低時間框架市場狀況的特徵。

$BTC Market Flow Update

$BTC 市場流量更新

$BTC Binance Spot

$BTC 幣安現貨

Since my previous tweet where I mentioned that risk was taken off books of firms also known as selling positions with a positive delta this has so far had a supply impact on price with each LTF bounce being matched with passive supply… pic.twitter.com/V2aweWxweK

自從我在上一篇推文中提到風險已從公司賬簿（也稱為具有正增量的賣出頭寸）中消除以來，到目前為止，這對價格產生了供應影響，每次LTF 反彈都與被動供應相匹配… pic.twitter.com/ V2aweWxweK

Data from CoinGlass meanwhile shows the bulk of bid support clustering around $56,750 as of writing.

同時，CoinGlass 的數據顯示，截至撰寫本文時，大部分出價支援集中在 56,750 美元左右。

BTC/USD monthly returns (screenshot). Source: CoinGlass

比特幣/美元月度回報（螢幕截圖）。來源：CoinGlass

Other traders saw the potential for a push into local lows before any relief for bulls, with estimates including $56,00

其他交易員認為，在多頭有所緩解之前，價格可能會推向局部低點，估計包括 56,000 美元