測試104,000美元的電阻後，比特幣（BTC）價格停滯不前：購買蘸醬的時間？

本週早些時候，比特幣經歷了一場著名的激增，攀升至104,000美元以上，每週的收益接近10％。但是，在達到此水平後，資產似乎遇到了抵抗

Bitcoin price dropped slightly on Wednesday, pausing its recent rally as traders assessed the cryptocurrency's technical setup amid signs of short-term uncertainty.

比特幣的價格在周三略有下跌，由於交易者評估了短期不確定性跡象，因此暫停了其最近的集會。

At the time of writing, BTC is trading at $103,663, reflecting a modest 1.7% decrease over the past 24 hours.

在撰寫本文時，BTC的交易價格為103,663美元，反映了過去24小時內降低1.7％。

One of CryptoQuant’s top analysts, Darkfost, offered an analysis of why the world’s leading cryptocurrency has stalled at these levels. According to the analyst, the slowdown appears to be linked to the activity in the derivatives market.

CryptoQuant的一位頂級分析師Darkfost提供了分析，分析了為什麼世界領先的加密貨幣在這些層面上停滯不前。根據分析師的說法，放緩似乎與衍生品市場的活動有關。

Specifically, Darkfost pointed out that the cumulative net taker volume has remained in negative territory since BTC crossed above the $100,000 psychological threshold. This suggests that there are more aggressive sell orders (shorts) than buy orders (longs), creating pressure for lower prices.

具體而言，DarkFost指出，自BTC超過100,000美元的心理門檻以來，累積的淨接收器數量一直處於負面領域。這表明，比購買訂單（渴望）更具侵略性的賣出訂單（短褲），這給價格較低的壓力帶來了壓力。

The analyst explained that net taker volume is a useful gauge of real-time trader sentiment. When it trends negative, it usually signals that market participants expect prices to drop, leading to more short-selling.

分析師解釋說，淨收入人數是實時交易者情緒的有用量。當它趨於負面時，它通常表示市場參與者期望價格下跌，從而導致更賣空。

This imbalance in derivatives market suggests that traders are increasingly skeptical about Bitcoin’s ability to reach a new all-time high in the very short term.

衍生品市場的這種不平衡表明，交易者越來越懷疑比特幣在短期內達到歷史最高水平的能力。

“The main reason why BTC is currently stuck at these levels comes from the derivatives market,” Darkfost wrote on X, formerly Twitter.

Darkfost在Twitter X上寫道：“ BTC目前陷入這些水平的主要原因是來自衍生品市場。”

“The cumulative net taker volume has mostly remained in negative territory since BTC climbed back above the psychological $100 000 level.

“自BTC攀升到心理$ 100 000的水平以來，累積的淨接收器數量一直保持在負面的領域。

What does this mean ? 0In simple terms, there has been more selling pressure than buying pressure on BTC. This is despite the fact that BTC managed to rally from $90 000 to $108 000 and is still holding above $100 000.”

這是什麼意思？ 0在簡單的術語中，銷售壓力比在BTC上購買壓力更大。儘管事實是BTC設法從900 000美元到108 000美元，但仍持有超過$ 100 000。 ”

Another technical analyst, Javon Marks, offered his own insights into the recent price action. According to Marks, Bitcoin appears to be forming a bull flag pattern. This technical formation is usually seen as a pause in an uptrend before the continuation of the move.

另一位技術分析師Javon Marks對最近的價格行動提供了自己的見解。根據Marks，比特幣似乎正在形成公牛旗模式。在繼續移動之前，這種技術形成通常被視為在上升趨勢中的停頓。

“Bitcoin looks to be bull flagging right under all-time highs. A breakout can send it above $108 000 to new all-time highs.”

“比特幣看起來在歷史新高的高潮下都在吹牛。突破可以將其寄給新的歷史高點以上。”

Moreover, Marks highlighted that altcoins are exhibiting behavior similar to previous market cycles. He pointed out the surges seen in 2017 and 2021. According to the analyst, the current phase may precede a broader altcoin rally, which historically follows Bitcoin’s moves.

此外，馬克（Marks）強調，山寨幣表現出類似於以前的市場週期的行為。他指出了在2017年和2021年看到的浪潮。根據分析師的說法，當前階段可能是在更廣泛的山寨幣集會之前，歷史上遵循比特幣的舉動。