比特幣[BTC]正式進入Wyckoff階段E -Golden Cross為下一個市場週期奠定了基礎

比特幣[BTC]正式進入了Wyckoff積累模型的E階段E階段，以突破性和強勁的向上延續為標誌。

Bitcoin (BTC) price has officially entered Phase E of the Wyckoff Accumulation model, typically marked by a breakout and strong upward continuation. One key technical confirmation was witnessed on the 24th of May, when the 50-day Moving Average (MA) crossed over the 200-day MA, forming the ‘golden cross’.

比特幣（BTC）的價格已正式進入Wyckoff積累模型的E期，通常以突破性和強勁的向上延續為標誌。 5月24日，當50天的移動平均線（MA）越過200天的MA，形成“ Golden Cross”時，就目睹了一項重要的技術確認。

The chart pattern is traditionally considered a bullish long-term signal. It usually indicates a shift in sentiment.

傳統上，圖表模式被認為是看漲的長期信號。它通常表明情緒轉移。

Naturally, many traders have now set their sights on the $125K mark—the first major resistance within this markup phase.

自然，許多交易者現在將目光投向了125,000美元的商標，這是此標記階段中的第一個主要阻力。

Source: X

來源：X

The real question remains—what happens beyond that?

真正的問題仍然存在 - 除此之外會發生什麼？

U.S. Senate crypto bills could initiate the next market phase

美國參議院加密票據可以啟動下一個市場階段

From a highly regarded market analyst’s tweet, the next cycle for Bitcoin could either be a distribution phase or a re-accumulation phase.

從備受推崇的市場分析師的推文中，比特幣的下一個週期可能是分配階段或重新蓄能階段。

The likeliest, in his view, is re-accumulation, particularly with the U.S. Senate set to vote on key crypto legislation soon.

在他看來，最有可能的是重新淘汰，特別是在美國參議院即將對關鍵加密立法進行投票時。

Of course, regulatory events inject volatility. But they could also support institutional confidence, especially if legal clarity emerges around digital asset classifications.

當然，監管事件注入波動。但是他們也可以支持機構的信心，尤其是在圍繞數字資產分類的法律清晰度出現時。

Addresses withdrawing Bitcoin are declining

撤回比特幣的地址正在下降

On-chain metrics add fuel to the current rally.

鏈上的指標為當前拉力賽增加了燃料。

The declining number of Exchange Withdrawing Transactions—a key indicator tracking how often BTC is moved to private wallets, suggested selling pressure may be dwindling.

撤回交易的數量下降 - 一種關鍵指標跟踪BTC轉移到私人錢包的頻率，建議賣出壓力可能會減少。

Picking up on the decline, the resulting fade in selling pressure may act as a stealthy bullish driver, reducing overhead resistance and powering price momentum.

隨著下降的速度，銷售壓力的淡入淡出可能是一個隱秘的看漲司機，從而降低了高架阻力和驅動價格勢頭。

This pattern aligns with the analyst’s projection of a distribution move near $260K by August or September, assuming market supply remains constrained.

這種模式與分析師預測到八月或9月的分配搬遷的預測相吻合，假設市場供應仍受到限制。

Source: CryptoQuant

資料來源：加密

As Bitcoin continues to heat up with new highs and a ‘golden cross’, the potential for the cryptocurrency to continue rallying despite reaching new highs is in sight.

隨著比特幣繼續隨著新的高點和“黃金十字”的速度加熱，儘管達到新高點，也可以將加密貨幣繼續進行集會。

However, with the 50-day MA now crossed over the 200-day MA, it may be setting up the 200-day MA to cross back over the 50-day MA. Such a scenario may unfold if the price experiences a pullback or consolidation.

但是，隨著50天的MA現在越過200天的MA，它可能會設置為200天的MA，以越過50天的MA。如果價格經歷了回調或合併，這種情況可能會發生。

This could lead to a bearish triple-divergence pattern on the lower time frames, potentially setting the stage for further downside movement.

這可能會導致較低時間範圍的看跌三位分模式，有可能為進一步的下行運動奠定基礎。

The implication is that if the 200-day MA crosses over the 50-day MA, it could be setting up for a lower low on the 4-hour chart.

這意味著，如果200天的MA超過50天的MA，則可能在4小時的圖表上設置較低的低點。

Moreover, if the price drops below the 50-day MA, it may continue to fall until it reaches the 200-day MA, setting up the 200-day MA to cross over the 50-day MA again.

此外，如果價格下降到50天的MA以下，它可能會繼續下降，直到達到200天的MA，建立了200天的MA，以再次超過50天的MA。

This pattern is commonly observed during market tops or during transitions from bullish to bearish trends.

這種模式通常在市場頂部或從看漲到看跌趨勢的過渡期間觀察到。

The potential for a bearish triple-divergence pattern arises as the lower lows in price may be setting up three bottoms on the 4-hour chart, especially if the price drops below the 50-day MA and continues to fall from there.

出現看跌三位病模式的潛力可能是因為價格下降可能在4小時圖表上設置了三個底部，尤其是如果價格下降到50天的MA以下並且繼續從那裡下降。

This, in particular, may be setting up the 200-day MA to cross over the 50-day MA, especially if the price drops below the 50-day MA and continues to fall until it reaches the 200-day MA.

特別是，這可能會設置為200天的MA，以超過50天的MA，尤其是如果價格下降到50天的MA以下並繼續下降直到達到200天的MA。

This pattern is commonly seen during market tops or during transitions from bullish to bearish trends.

這種模式通常在市場頂部或從看跌趨勢到看跌趨勢的過程中出現。

The implication is that if the 200-day MA crosses over the 50-day MA, it may be setting up for a lower low on the 4-hour chart.

這意味著，如果200天的MA超過50天的MA，則可能會在4小時的圖表上設置較低的低點。

If the scenario plays out as planned, it could open the door for the price to continue falling until it reaches the Fib level of 0.382 at $96K.

如果該方案按計劃進行，則可以為價格下跌而打開大門，直到達到0.382美元的FIB水平為9.382美元。

If the Fib level holds, it may set the stage for another rally in price, potentially leading to the final wave of the cycle.

如果FIB水平成立，它可能會為另一個價格集會奠定階段，並有可能導致最終的周期浪潮。

On the other hand, if the Fib level fails to hold and the price continues to fall, it may signal the beginning of a new bear market.

另一方面，如果FIB水平無法保持且價格繼續下跌，則可能標誌著新的熊市的開始。

The crucial aspect to keep in mind is that if the price drops below the 50-day MA, it may continue to fall until it reaches the 200-day MA, setting up the 200-day MA to cross over the 50-day MA again.

要記住的關鍵方面是，如果價格下降到50天的MA以下，它可能會繼續下降，直到達到200天的MA，建立了200天的MA，以再次超過50天的MA。

This pattern is commonly seen during market tops or during transitions from bullish to bearish trends.

這種模式通常在市場頂部或從看跌趨勢到看跌趨勢的過程中出現。