比特幣（BTC）收回$ 90K00，加劇了新的樂觀

比特幣已收回了90,000美元的成績，在整個加密貨幣市場上發揮了新的樂觀情緒。隨著情感轉移和看漲電話的回歸，許多投資者再次著眼於六位數。但是，並非一切都像在表面之下一樣。

Bitcoin has hit a critical resistance level as bulls attempt to reclaim the $95,000 price point, which could determine near-term momentum. Breaking above the $88,600 resistance sparked a key shift in market sentiment, enabling bulls to take charge and push price action into a new range.

隨著公牛試圖收回95,000美元的價格，比特幣達到了關鍵的阻力水平，這可以決定近期勢頭。超過88,600美元的電阻超過了市場情緒的關鍵轉變，使公牛能夠負責並將價格推動到新的範圍內。

However, to maintain this momentum and set up a run toward the highly anticipated $100,000, sustained demand will be essential. Analysts warn that a healthy retracement may occur before the next leg up, especially considering current market conditions.

但是，要維持這一勢頭並朝著備受期待的100,000美元邁進，持續需求將是必不可少的。分析師警告說，在下一條領域之前可能會發生健康的回溯，尤其是考慮到當前的市場狀況。

Lit: Bitcoin faces critical resistance as bulls attempt to reclaim $95K[/url]

點亮：隨著公牛試圖收回$ 95K [/url]，比特幣面臨著關鍵的抵抗力

Volatility and uncertainty continue to dominate the landscape, with fear still lingering despite the recent rally. Much of this caution stems from ongoing global tensions and the unstable macro environment that has unfolded since US President Donald Trump’s re-election in November 2024.

波動性和不確定性繼續主導著景觀，儘管最近舉行了集會，但恐懼仍在徘徊。這種警告的大部分源於自2024年11月美國總統唐納德·特朗普（Donald Trump）連任以來的持續全球緊張局勢和不穩定的宏觀環境。

With tariffs rising and trade negotiations with China growing increasingly tense, investors remain hesitant to commit fully to risk assets. This fragility is evident in the rapid shifts in market trends and the potential for swift reversals, especially if macroeconomic conditions deteriorate or derivative positions begin to unwind.

隨著與中國與中國越來越緊張的貿易談判的上升和貿易談判的增加，投資者仍然猶豫要完全致力於風險資產。這種脆弱性在市場趨勢的迅速變化和迅速逆轉的潛力中很明顯，尤其是如果宏觀經濟狀況惡化或衍生品職位開始放鬆時。

Top analyst Maartunn shared a sobering on-chain analysis on X, highlighting a concerning disconnect between Bitcoin’s price action and network activity. According to his findings, the recent surge is largely driven by ETF flows and increasing open interest in the derivatives market—factors that more often precede a reversal rather than a sustainable rally.

頂級分析師Maartunn在X上分享了一項清醒的鏈分析，強調了比特幣的價格動作與網絡活動之間的斷開連接。根據他的發現，最近的激增在很大程度上是由ETF流動和對衍生品市場的開放興趣越來越大的驅動的。衍生品市場的興趣是逆轉而不是可持續的集會之前的因素。

Maartunn describes the current state of the Bitcoin network as a “ghost-town,” where there is very little new activity or visible inflows from real users. This divergence between price and on-chain fundamentals raises questions about the sustainability of the current move.

Maartunn將比特幣網絡的當前狀態描述為“幽靈鎮”，那裡很少有新的活動或可見的真實用戶流入。價格和鏈基本面之間的這種差異提出了有關當前遷移的可持續性的疑問。

For Bitcoin to push convincingly past $95K and set up a run toward $100K, stronger spot demand and an uptick in real user activity will likely be necessary. Until then, traders should approach the next phase of Bitcoin’s price action with caution and keep an eye on key support levels. A breakdown below $90K could negate the recent recovery momentum.

為了使比特幣令人信服地推高95,000美元，並將其設置為$ 10萬美元，可能需要更強大的現貨需求和上升的實際用戶活動。在此之前，交易者應謹慎處理比特幣的下一階段，並密切關注關鍵支持水平。低於$ 90K的細分可能會否定最近的恢復勢頭。