儘管短期下降，比特幣（BTC）的價格動作仍然看漲，延續到$ 125,400是基本情況。

比特幣最近經歷了靠近106,133美元的鑰匙支持區的回調，但價格行動仍然看漲。市場結構表明，如果支持公司持有，則延續了125,400美元。

Bitcoin (BTC) dropped a bit from recent local highs, but the broader technical picture still favors bullish continuation. The current pullback appears to be a healthy retracement into a key support zone, which could be used to springboard the next leg upward.

比特幣（BTC）從最近的當地高點中下降了一些，但是更廣泛的技術圖片仍然有利於看漲的延續。當前的回調似乎是對鑰匙支撐區域的健康回試，可用於向上跳板。

As market structure suggests, a continuation toward $125,400 is in the cards if support holds firm.

正如市場結構所暗示的那樣，如果支持公司持有，則延續了125,400美元。

Key technical points

關鍵技術要點

* Bitcoin’s decline from recent local highs triggered a wave of intraday selling pressure, but the correction landed precisely at a high-timeframe support level near $106,133. This region has historically been an inflexion point, with price either consolidating or reversing to continue its upward trend. The reaction at this level will be crucial in determining whether Bitcoin can maintain its bullish posture.

*比特幣從最近的當地高點下降引發了一波盤中銷售壓力，但校正恰好以高級支撐水平接近106,133美元。從歷史上看，該地區一直是一個倒轉點，價格鞏固或逆轉以繼續其上升趨勢。該水平的反應對於確定比特幣是否可以維持其看漲姿勢至關重要。

* Structurally, Bitcoin remains inside a well-defined upward channel. Previous moves within this channel have respected both the upper and lower boundaries, bouncing cleanly between support and resistance. The recent pullback aligns with the lower boundary of this channel, suggesting a potential rotational move back toward the upper boundary at $125,400.

*從結構上講，比特幣保留在一個定義明確的向上通道內。該通道內的先前移動已尊重上和下限，在支撐和電阻之間彈跳。最近的回調與該通道的下邊界保持一致，這表明潛在的旋轉向上邊界返回了$ 125,400。

* Supporting this bullish outlook is the fact that no major breakdown in market structure has occurred. The most recent swing low remains intact, and the price is still printing higher lows on higher time frames. If Bitcoin consolidates above current support and builds momentum, a continuation toward $125,400 becomes the base case scenario.

*支持這種看漲前景的事實是，市場結構沒有發生重大破壞。最近的鞦韆低點仍然完好無損，而且價格仍在更高的時間範圍內打印出更高的低點。如果比特幣鞏固了當前支持並建立動力，則延續到$ 125,400成為基本情況。

* In the short term, traders should be watching how the price behaves between $106,133 and $110,000. Staying above the lower boundary will invite more buying pressure and could lead to the breakout required for the next leg up. On the flip side, a confirmed loss of $106K would invalidate this structure and shift momentum in favor of sellers.

*在短期內，交易者應該觀察價格在106,133美元至110,000美元之間的行為。停留在下邊界上方將邀請更多的購買壓力，並可能導致下一條腿所需的突破。另一方面，確認的$ 106K損失將使這種結構無效，並轉移勢頭，而不是賣方。

What to expect in the coming price action

在即將到來的價格行動中會有什麼期望

As long as Bitcoin stays above the $106,133 support, price action is likely to grind higher toward the $125,400 resistance level. There may be some short-term volatility to anticipate, but the broader structure remains firmly bullish for now.

只要比特幣停留在106,133美元的支持之上，價格行動就可能會更高，而電阻水平為125,400美元。可能會有一些短期波動可以預期，但是暫時更廣泛的結構仍然堅定地看漲。

output: As the world's leading cryptocurrency, Bitcoin (BTC) has been a hot topic of discussion among traders and analysts. With the cryptocurrency markets beginning to heat up once again, all eyes are on Bitcoin to see what move it will make next.

輸出：作為世界領先的加密貨幣，比特幣（BTC）一直是交易者和分析師之間討論的熱門話題。隨著加密貨幣市場再次開始升溫，所有人的目光都在比特幣上，以了解下一步將採取什麼行動。

After a strong rally throughout the first half of 2024, Bitcoin finally encountered some resistance near the $115,000 level. This led to a minor pullback, which brought buyers back into the market. As the price dipped below the $106,000 zone, sellers began to exert some pressure, setting the stage for a potential shift in market dynamics.

在2024年上半年進行了強烈的集會之後，比特幣終於在$ 115,000的水平上遇到了一些阻力。這導致了一個小小的回調，這使買家重新回到了市場。隨著價格下降到106,000美元的區域以下，賣家開始施加一定的壓力，為市場動態的潛在變化奠定了基礎。

Bitcoin drops below key support

比特幣下降到關鍵支持以下

Bitcoin dropped below a key support level that could decide the next leg of the trend.

比特幣降至關鍵支持水平以下，這可以決定趨勢的下一個工作。

After a strong rally from the $90,000 zone to highs of nearly $115,000, Bitcoin encountered some resistance around that level. This led to a minor pullback, which brought buyers back into the market. As the cryptocurrency slid below the $106,133 zone, sellers began to exert some pressure, setting the stage for a potential shift in market dynamics.

從$ 90,000的區域到近115,000美元的高點進行了強烈的集會，比特幣在該水平上遇到了一些阻力。這導致了一個小小的回調，這使買家重新回到了市場。隨著加密貨幣滑行到106,133美元以下，賣方開始施加壓力，為市場動態的潛在轉變奠定了基礎。

This level has been a crucial point of interest throughout 2024, as it acted as strong support during previous declines. If this zone breaks down, it could open the door for further downside. On the other hand, if buyers manage to keep the price above this zone, it could set the stage for another attempt at the all-time highs.

整個2024年，這一水平一直是至關重要的興趣點，因為它在以前的下降過程中是強有力的支持。如果該區域分解，它可能會打開門以進一步下降。另一方面，如果買家設法將價格保持在該區域之上，則可以為有史以來的高潮進行另一次嘗試奠定基礎。

From a structural perspective, Bitcoin is still trading inside a well-defined upward channel that began in December 2022.

從結構的角度來看，比特幣仍在2022年12月開始的明確的向上渠道內進行交易。

Chart showing Bitcoin's upward channel and support level

圖表顯示比特幣的上流渠道和支持級別

Credit: TradingView

信用：TradingView

The upper boundary of this channel is around the $125,400 zone, which is the next logical point of resistance. As long as the lower boundary holds firm, it keeps the broader implication biased toward further gains.

該通道的上邊界約為$ 125,400區域，這是阻力的下一個邏輯點。只要下邊界堅定地堅持，它就會使更廣泛的含義偏向進一步的收益。

Another key level to watch on the chart is the 200-week Simple Moving Average (SMA), which is currently around $90,000. This is a closely followed indicator by long-term traders, and a break below it could be seen as a bearish sign. However, the price has bounced off the 200-week SMA several times in the past, showing that it can provide support at key moments.

在圖表上觀看的另一個關鍵水平是200週的簡單移動平均線（SMA），目前約為90,000美元。這是長期交易者緊隨其後的指示，而下方的突破可以看作是看跌跡象。但是，過去幾次彈起了200週的SMA，表明它可以在關鍵時刻提供支持。

Looking ahead

展望未來

Overall, the technical outlook for Bitcoin remains bullish despite the recent pullback. With support holding firm and no major breakdown in market structure, the path of least resistance appears to be up.

總體而言，儘管最近有回調，但比特幣的技術前景仍然看漲。由於支持公司的支持，市場結構沒有重大破壞，抵抗力最小的道路似乎已經上升了。

If Bitcoin can manage to stay above the $106,133 support zone and begin to build momentum again, it

如果比特幣可以設法保持超過$ 106,133的支持區並開始建立動力，那就可以