比特幣（BTC）價格可能會撤回90,000美元

交易者預計比特幣的價格下降到90,000美元，但是如果利潤接近範圍的高點，則可能會爆發出新的高點。

Key takeaways:

關鍵要點：

Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces.

交易者預計比特幣的價格下降到90,000美元，但是如果利潤接近範圍的高點，則可能會爆發出新的高點。

On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum.

鏈上的數據表明，目前的利潤太弱了，無法撲滅比特幣的當前價格勢頭。

Bitcoin (BTC) price has spent the bulk of the week pinned below $104,000 to $105,000, which many analysts have labelled as a resistance zone, but an alternative view suggests that BTC is simply consolidating within a bull flag.

比特幣（BTC）的價格已經花費了本週的大部分時間，將其固定在104,000至105,000美元以下，許多分析師都將其標記為電阻區，但另一種觀點表明，BTC只是在公牛旗幟中簡單地鞏固了。

A bull flag is a continuation pattern that is characterized by a period of sideways price action following a sharp uptrend, and when the structure confirms or breaks from the trendline resistance, the uptrend continues. Mentioned in today's report:

牛旗是一種延續模式，其特徵是急劇上升後的側向價格動作，當結構確認或擺脫趨勢線阻力時，上升趨勢仍在繼續。在今天的報告中提到：

BTC price stalls after hitting apex

達到頂點後，BTC價格失速

Despite the impression that Bitcoin has stalled in its tracks after a strong rally to $105,900 on July 18, on-chain data suggests that the current profit-taking activity is not strong enough to extinguish BTC's current price momentum.

儘管在7月18日的強勁集會至105,900美元之後，比特幣在賽道上停滯不前，但鏈上的數據表明，當前的利潤活動不足以驅除BTC當前的價格勢頭。

On-chain analysis firm Glassnode highlighted in its latest weekly report that short-term holder supply profit and loss data shows some profit taking on Monday.

鏈上分析公司GlassNode在其最新的每週報告中強調了短期持有人的供應損益數據顯示週一獲得了一些利潤。

"This aligns with the narrative of traders booking gains after a swift ascent, especially considering that the bulk of the move occurred within a three-week period. However, the realized profit or loss total remains comfortably within the statistical norm, leaving room for further price upside."

“這與交易者在迅速上升後預訂的敘述相吻合，尤其是考慮到大部分搬家發生在三週之內。但是，實現的損益總計在統計規範中保持舒適性，為進一步的價格上漲留出了空間。”

Chart via Glassnode showing Bitcoin short-term holder supply profit and loss

圖表通過玻璃節目顯示比特幣短期持有人供應損益

After a turbulent few months for crypto traders, with a bear market, a U.S. Securities and Exchange Commission lawsuit against major crypto exchange Coinbase and reports of a potential U.S. default, the markets have seen a shift in trend.

在為加密貨幣交易員帶來了幾個月的動蕩之後，擁有熊市，美國證券和交易委員會針對主要的加密交易所Coinbase的訴訟以及有關美國潛在違約的報告，市場發生了變化。

This has brought about a notional close to the futures and leveraged products markets, and with the bulk of Bitcoin's apparent sell-side liquidity having been absorbed during the move to $105,000, some analysts warn that a brief flush down to test $100,000 to $90,000 as support could be the next move for BTC price.

這使得與期貨和槓桿產品市場的名義接近，並且大部分比特幣在搬遷至105,000美元中吸收了大量的賣方流動性，一些分析師警告說，短暫的沖洗量要降低了100,000美元至90,000美元，因為BTC價格的下一步可能是BTC價格的下一步。

Bitcoin market liquidity resource Material Indicators said, "Barring "a serious catalyst," (which isn't necessarily a bad thing), I think BTC has a legit support test at $100K, and FireCharts show that the order book is priming for that with asks stacking and bids moving lower."

比特幣市場流動性資源材料指標說：“禁止“嚴重的催化劑”（這不一定是一件壞事），我認為BTC的合法支持測試的合法支持測試為$ 10萬美元，而FireCharts則表明，該訂單簿是備用書籍的啟動，而詢問堆棧和投標較低。”

Sharing his view with X followers, analyst Daan Crypto Trades said that the bulk of bullish and bearish narratives with the potential to impact Bitcoin's price action have "cleared up" and he noted that BTC price has stalled near its all-time high while stocks have continued to rally after President Trump's US-China trade deal was confirmed.

分析師Daan Crypto Trades與X追隨者分享了自己的看法，表示有可能影響比特幣價格行動的看漲和看跌敘事已“清除”，他指出，BTC的價格已經在其歷史上的高價停滯不前，而在特朗普總統的US-China Trade交易證實後，BTC的價格卻在其歷史上的高位上持續下降。

The analyst said that "$90K remains my long-term line in the sand for spot exposure," adding that he is "cautiously bullish" with price above $90,000 but that is dependent upon how US equity markets perform in the short term.

這位分析師說，“ $ 90K仍然是我在沙灘上的長期線，”他補充說，他是“謹慎看漲的”，價格超過90,000美元，但這取決於美國股票在短期內的表現。

"My bias is still bullish, but I'm watching closely as we're approaching a crossroads. If we break down, I'll be closing out longs and looking for short opportunities. But if we manage to hold up and continue higher, I'm prepared to add to my existing positions."

“我的偏見仍然是看好的，但是當我們接近十字路口時，我正在密切關注。如果我們崩潰，我將渴望渴望並尋找短暫的機會。但是，如果我們設法堅持下去並繼續更高，我準備添加我現有的職位。”