隨著流動性的擴展標誌著潛在的突破，比特幣（BTC）的價格提高了

隨著公牛試圖重新控制六位數，比特幣的交易高於95,000美元的水平。在四月低點的強勁反彈之後，BTC進入了92,000美元至9.6萬美元之間的緊密整合範圍

Bitcoin (BTC) is trading above the $95,000 level as bulls try to reclaim control and push toward six figures.

隨著公牛試圖重新控制六位數，比特幣（BTC）的交易高於95,000美元的水平。

After a strong rebound from its April lows, BTC has entered a tight consolidation range between $92K and $96K. As market participants watch closely for a decisive breakout, a move above the $96K mark could trigger the next leg up, potentially opening the door to a test of the long-awaited $100K milestone.

經過四月的低點反彈後，BTC進入了92,000美元至9.6萬美元之間的緊密整合範圍。當市場參與者密切關注果斷的突破時，超過$ 9.6萬人的行動可能會觸發下一條比賽，有可能為期待已久的100萬美元里程碑的測試打開了大門。

However, macroeconomic risks remain elevated. Growing fears of a recession, coupled with ongoing trade tensions between global powers, have added uncertainty to the broader market. This makes the upcoming sessions especially crucial for BTC’s short-term direction.

但是，宏觀經濟風險仍然升高。越來越多的擔心，再加上全球大國之間持續的貿易緊張局勢，加劇了更廣泛的市場的不確定性。這使即將舉行的會議尤其對於BTC的短期方向至關重要。

Top analyst Axel Adler shared insights pointing to a deeper structural development beneath the price action. According to Adler, the market is currently in the third phase of liquidity expansion—a phase characterized by increasing on-chain activity, rising exchange flows, and renewed investor engagement. His Bitcoin Liquidity Index, which incorporates key on-chain network metrics alongside normalized exchange data, is trending upward. This phase, if sustained, could support a breakout and propel BTC into uncharted territory. The coming days will likely define whether the breakout materializes—or if BTC continues to range.

頂級分析師阿克塞爾·阿德勒（Axel Adler）分享了指出價格動作下更深層結構發展的見解。據阿德勒（Adler）稱，該市場目前處於流動性擴張的第三階段，這是一個階段，其特徵是增加鏈活動，交換流量上升和新的投資者參與。他的比特幣流動性指數將關鍵的鍊鍊網絡指標與標準化交換數據一起融合在一起，它正在向上發展。這個階段，如果持續存在，可以支持突破，並將BTC推向未知的領域。未來幾天可能會定義突破是否實現，還是BTC是否繼續範圍。

Bitcoin Pushes Higher As Liquidity Expansion Signals A Potential Breakout

隨著流動性的擴展標誌著潛在的突破，比特幣提高了

隨著流動性的擴展標誌著潛在的突破，比特幣提高了

Bitcoin continues to lead the crypto market, now trading just below the $96,000 level as bulls attempt to reclaim higher ground. After last week’s rebound, momentum remains on BTC’s side—but time is ticking. Bulls must push beyond $100,000 soon to confirm that the current move is not just a relief rally, but the beginning of a broader euphoric phase. Without a decisive breakout, fading momentum could drag BTC back into consolidation or trigger another correction.

比特幣繼續領導加密貨幣市場，目前，隨著公牛試圖恢復更高的地面，現在的交易價格略低於96,000美元。上週的反彈之後，動力仍然保持在BTC的身邊，但時間卻在滴答作響。公牛必須很快就會推出超過100,000美元，以確認當前的舉動不僅是救濟集會，而且是更廣泛的欣喜階段的開始。如果沒有決定性的突破，褪色的動量就可以將BTC拖回合併或觸發其他校正。

Despite the cautious optimism, Bitcoin is showing resilience. Healthy retests of key support zones between $90,000 and $92,000 have strengthened bullish conviction. The broader market has followed BTC’s lead, with altcoins beginning to wake up in tandem.

儘管有謹慎的樂觀情緒，但比特幣仍表現出彈性。健康的主要支持區的健康重新測試在90,000美元至92,000美元之間，加強了看漲的信念。更廣泛的市場遵循了BTC的領先優勢，而Altcoins開始同時醒來。

Axel Adler supports the bullish thesis, noting that Bitcoin is now in the third phase of liquidity expansion—a critical turning point historically associated with significant price movement. According to Adler, this liquidity index combines all major on-chain metrics with exchange data. Importantly, each component is normalized to remove distortions from BTC/USD exchange-rate volatility, giving a clearer view of structural market health.

阿克塞爾·阿德勒（Axel Adler）支持看漲的論文，並指出比特幣現在正處於流動性擴展的第三階段，這是與重大價格變動有關的關鍵轉折點。根據阿德勒的說法，該流動性指數將所有主要的鍊鍊指標與交換數據結合在一起。重要的是，將每個組件歸一化，以消除BTC/USD交換率波動率的扭曲，從而更清晰地了解結構市場健康。

Adler emphasizes that monthly liquidity readings are rapidly approaching quarterly levels. If no external “Black Swan” events derail momentum, he outlines three likely scenarios: a test of the $100K level, a retest of previous all-time highs, and ultimately a breakout into new highs. For now, Bitcoin is holding steady, but the next move could define the rest of the cycle.

阿德勒（Adler）強調，每月的流動性讀數正迅速接近季度水平。如果沒有外部的“黑天鵝”事件脫軌，他概述了三種可能的情況：測試$ 10萬美元的水平，重新測試以前的歷史高點，並最終突破了新的高點。目前，比特幣保持穩定，但下一步可以定義其餘的周期。

BTC Price Outlook: Bulls Push Toward Key Breakout Levels

BTC價格前景：公牛推向關鍵突破水平

BTC價格前景：公牛推向關鍵突破水平

Bitcoin is currently trading at $95,800 as bulls continue their attempt to reclaim higher ground and confirm the next leg of the rally. The immediate target is the $96,000–$98,000 zone, which has acted as a major resistance area over the past several days. A clean breakout above this range would likely open the door for a retest of the psychological $100,000 level, considered by many as the threshold for a full-scale market breakout.

隨著公牛隊繼續試圖收回更高的地面並確認集會的下一回事，比特幣目前的交易價格為95,800美元。直接目標是$ 96,000- $ 98,000的區域，在過去的幾天中一直是主要阻力區域。在此範圍之上的清理突破可能會為重新測試100,000美元的重新測試，這被許多人認為是全面市場突破的門檻。

Market sentiment is cautiously optimistic, supported by strong on-chain activity and whale accumulation. However, the battle isn’t over yet. Bulls must defend the $90,000 support level to maintain structural strength and avoid invalidating the recent uptrend. A drop below this level could trigger short-term weakness, pushing BTC back toward lower demand zones in the $85,000–$88,000 region.

市場情緒謹慎樂觀，並得到強大的鏈活動和鯨魚積累的支持。但是，戰鬥還沒有結束。公牛必須捍衛90,000美元的支持水平，以保持結構性力量，並避免使最近的上升趨勢無效。低於此水平的下降可能會引發短期弱點，將BTC推向了85,000至88,000美元的地區的較低需求區域。

As long as Bitcoin holds above $90K and reclaims $96K–$100K, the technical setup favors continuation to new highs. Traders are watching closely for signs of increased volume and momentum to confirm the breakout. Until then, BTC remains in a critical consolidation phase—one that could either launch the next major move or stall the current rally.

只要比特幣的售價高於$ 90K，並收回了$ 96K - $ 100K，技術設置的偏愛延續到了新的高點。貿易商正在密切關注數量增加和動力的跡像以確認突破。在此之前，BTC仍處於關鍵的整合階段，該階段可能會引發下一個重大舉動，也可以使當前集會失速。