比特幣（BTC）與看漲的勢頭合併，自2020年以來，最佳4月作為宏觀經濟催化劑的貿易商支撐

比特幣（BTC）的穩定穩定在94,000美元以下，交易員緊密關注潛在的突破到96,000美元

Bitcoin (BTC) is holding firm just below the $94,000 mark, with traders eyeing a potential breakout towards $96,000. However, mixed market signals suggest both momentum and caution.

比特幣（BTC）的公司的股份低於94,000美元的成績，交易者將潛在的突破往往為96,000美元。但是，混合的市場信號表明動力和謹慎。

As the monthly close approaches, along with key U.S. economic data—including Q1 GDP and the Federal Reserve’s favored inflation gauge (PCE index)—Bitcoin appears to be in a holding pattern. Yet, despite broader financial market jitters, many crypto analysts remain optimistic.

隨著每月關閉的臨近，以及美國的主要經濟數據（包括第一季度GDP和美聯儲的偏愛通貨膨脹量表（PCE指數））似乎處於持有模式。然而，儘管金融市場更加令人震驚，但許多加密分析師仍然樂觀。

“Bitcoin is nicely consolidating before the next leg upwards should initiate,” noted crypto analyst Michaël van de Poppe.

加密分析師Michaëlvan de Poppe指出：“在下一條路上升之前，比特幣在下一條上升之前就非常合併。”

Echoing that sentiment, trader Cold Blooded Shiller said a decision point for BTC may come within the next 24 hours.

交易者冷血的希勒（Shiller）回應這種情緒，表示BTC的決定可能會在接下來的24小時內出現。

Popular trader Jelle also highlighted a build-up of sell orders around the $96,000 mark, suggesting Bitcoin may be gearing up to grab liquidity before a potential surge.

受歡迎的交易員傑爾（Jelle）還強調了賣出96,000美元左右的賣出訂單的積累，這表明比特幣可能會在潛在的激增之前獲得流動性。

“Simply moving sideways for a while to prepare for the next leg higher,” he said.

他說：“簡單地將側向移動一段時間，為下一條腿做準備。”

April: A Breakout Month for Bitcoin

四月：比特幣的突破月

April has been Bitcoin’s strongest month in years. According to CoinGlass data, BTC is up roughly 15% month-to-date—its best April performance since 2020.

四月是比特幣多年來最強大的月份。根據Coinglass Data的數據，BTC的月至今大約是15％，這是自2020年以來的最佳四月表現。

BTC/USD is on the verge of closing the month in the $93,300 to $96,500 range, a technically significant zone according to analyst Rekt Capital.

根據分析師Rekt Capital的說法，BTC/USD即將在93,300美元到96,500美元之間結束本月，這是一個重要的區域。

However, not all indicators are bullish.

但是，並非所有指標都是看好的。

Short-Term Fatigue Creeping In

短期疲勞蔓延

Following a 27% rebound in April, Bitcoin’s rally is showing signs of cooling.

在四月份有27％的反彈之後，比特幣的集會表現出冷卻的跡象。

Data from Glassnode reveals that spot volume delta—a key indicator of buy vs. sell pressure—has turned negative. Analysts interpret this shift as a warning of seller dominance, profit-taking, and possible exhaustion among buyers.

來自GlassNode的數據表明，點數Delta（買入壓力與賣出壓力的關鍵指標）變成負數。分析師將這一轉變解釋為賣方統治，獲利和可能疲憊的人的警告。

Bitcoin’s long-short ratio has also skewed bearish on perpetual contracts, indicating rising short interest in recent sessions.

比特幣的長期比率也偏向於永久性合同的看跌，這表明最近會議的短暫興趣上升。

While Ethereum, Solana, and XRP show mounting long positions, traders are hedging risk in Bitcoin—a signal of caution amid the price surge.

儘管以太坊，Solana和XRP顯示長期持久的位置，但交易者正在對沖比特幣的風險，這是在價格上漲中謹慎的信號。

Despite the volatility, many experts remain bullish on Bitcoin’s long-term trajectory.

儘管有波動性，但許多專家仍然對比特幣的長期軌跡看漲。

Institutional demand is resurging. Spot Bitcoin ETFs are seeing fresh inflows, contrasting with a quiet first quarter.

機構需求正在恢復。現場比特幣ETF看到了新鮮的流入，與第一季度的安靜形成鮮明對比。

Standard Chartered’s head of digital assets, Geoff Kendrick, said capital is rotating from gold—which hit a new high at $3,300/oz—into Bitcoin.

Standard Charter的數字資產負責人傑夫·肯德里克（Geoff Kendrick）表示，資本正在從黃金中旋轉，這是一個新的高點，售價為3,300美元/盎司。

“Bitcoin gains are catching up to gold, and I think Bitcoin is a better hedge than gold against strategic asset reallocation out of the US,” Kendrick stated.

肯德里克說：“比特幣的收益正在趕上黃金，我認為比特幣比在美國外面的戰略資產重新分配的黃金更好。”

Arthur Hayes of Maelstrom believes Bitcoin’s early April dip to $74,500 marked its low point for the year. He expects BTC could soar to $200,000 in 2025.

Maelstrom的Arthur Hayes認為，比特幣的4月初下降至74,500美元，標誌著其當年的低點。他預計BTC在2025年可以飆升至200,000美元。

Bernstein analysts are similarly optimistic, predicting a possible rise to $120,000 before the end of Q2.

伯恩斯坦分析師同樣樂觀，預測在第二季度結束之前可能會上升至120,000美元。

With geopolitical tensions easing and a 90-day pause in trade disputes, the market appears to be regaining confidence.

隨著地緣政治緊張局勢緩解和貿易爭端的90天停頓，市場似乎正在恢復信心。

While short-term signals flash mixed messages, Bitcoin’s upward trend remains intact.

儘管短期信號閃爍混合消息，但比特幣的上升趨勢仍然完好無損。

The key focus is on whether BTC can sustain its gains above the crucial $96,000 level, or if signs of fatigue will trigger a near-term pullback.

重點是BTC是否可以維持其收益高於至關重要的96,000美元水平，或者疲勞跡像是否會引發近期回調。

Either way, April has set the tone—Bitcoin is back in the spotlight.

無論哪種方式，April都定下了基調 - Bitcoin重新成為焦點。