比特幣（BTC）下跌：是時候買入了嗎？

儘管比特幣小幅走低，賣家也無情，但一位分析師認為現在是買入的最佳時機。

Bitcoin price dropped sharply on July 4 as bears put up a fight at the crucial $60,000 support level. However, one analyst believes this could be the right time to buy BTC. Here’s why.

7 月 4 日，由於空頭在 6 萬美元的關鍵支撐位上奮力拼搏，比特幣價格大幅下跌。然而，一位分析師認為，這可能是購買 BTC 的最佳時機。原因如下。

Bitcoin price is showing signs of weakness once again as the bears attempt to push the coin lower. After a weekend of gains and a promising start to July, BTC dropped by over 5% in the last 24 hours of trading.

隨著空頭試圖壓低比特幣價格，比特幣價格再次顯示出疲軟跡象。經過週末的上漲和 7 月的良好開局後，BTC 在過去 24 小時的交易中下跌了 5% 以上。

With this drop, Bitcoin price sliced through the $60,000 support level like a hot knife through butter. This round number has been closely watched for the past few days, especially following the gains last observed over the weekend.

隨著這次下跌，比特幣價格像熱刀切黃油一樣突破了 6 萬美元的支撐位。過去幾天，這一輪數字受到密切關注，尤其是在周末觀察到最後一次上漲之後。

However, despite the bearish sentiment, one analyst believes that this could be the right time to buy Bitcoin. Here’s a closer look at their analysis and the technicals behind it.

然而，儘管市場情緒悲觀，但一位分析師認為，這可能是購買比特幣的最佳時機。以下是他們的分析及其背後的技術原理的詳細介紹。

Bitcoin Price Retesting Crucial Support, Could Be Time To Buy BTC

比特幣價格重新測試關鍵支撐，可能是買入比特幣的時候了

While Bitcoin price is edging lower and the sellers seem relentless, one analyst thinks this is the right time to stack up. In a post on TradingView, the analyst argues that Bitcoin is on the cusp of the “Spring” phase within the Wyckoff re-accumulation model.

儘管比特幣價格小幅走低且賣家似乎無情，但一位分析師認為現在是買入的最佳時機。在 TradingView 上的一篇文章中，分析師認為比特幣正處於威科夫再累積模型中「春季」階段的風口浪尖。

The Wyckoff model is a technical analysis tool used by traders and chartists. Traditionally, it uses price and volume patterns to identify potential price movements.

威科夫模型是交易者和圖表師使用的技術分析工具。傳統上，它使用價格和成交量模式來識別潛在的價格變動。

While Wyckoff describes multiple phases when it comes to price patterns, the “Spring” stage is what most traders always track. When prices “spring” higher from this stage, the coin tends to break out from the current range at the back of rising trading volume.

雖然威科夫在價格模式方面描述了多個階段，但大多數交易者總是追蹤「春季」階段。當價格從這個階段「反彈」走高時，代幣往往會在交易量上升的背景下突破當前區間。

Looking at the Bitcoin daily chart, it is evident that prices have been consolidating. Thus far, the primary support is around the May and June 2024 lows.

看看比特幣日線圖，很明顯價格一直在盤整。到目前為止，主要支撐位於 2024 年 5 月和 6 月低點附近。

Then, prices broke lower, sinking below $57,000 and bottoming at around $56,500 in May. Resistance lies between $72,000 and March 2024 highs on the upper end.

然後，價格下跌，跌破 57,000 美元，並於 5 月觸底約 56,500 美元。阻力位位於 72,000 美元和 2024 年 3 月高點之間。

As it is, Bitcoin is retesting the primary support, with the July 4 bar piercing $60,000 and dropping to as low as $56,900 earlier today. Based on the Wyckoff model, prices are priming for the spring phase. This preview will hold, especially if there is no confirmation of today’s losses.

事實上，比特幣正在重新測試主要支撐位，7 月 4 日突破 6 萬美元，今天稍早跌至 56,900 美元。根據威科夫模型，價格正在為春季階段啟動。這種預測將會持續下去，特別是如果今天的損失沒有得到確認的話。

Bitcoin Hash Ribbons Show Miner Capitulation Driving Sell-Off

比特幣哈希絲帶顯示礦工投降推動拋售

The post also includes the Bitcoin Hash Ribbons, a technical indicator used to gauge miner behavior. According to on-chain analyst Willy Woo, the indicator is signaling miner capitulation.

該貼文還包括比特幣哈希絲帶，這是一種用於衡量礦工行為的技術指標。鏈上分析師 Willy Woo 表示，該指標正在顯示礦工投降。

The Hash Ribbons are a moving average of the 30-day and 60-day hash rate, used to determine whether miners are adding or removing hash rate from the network. When the 30-day average crosses above the 60-day average, it signals that miners are adding hash rate to the network. Conversely, when the 30-day average crosses below the 60-day average, it signals that miners are removing hash rate from the network.

算力絲帶是 30 天和 60 天算力的移動平均值，用於確定礦工是否在網路中添加或刪除算力。當 30 天平均值突破 60 天平均值時，表示礦工正在向網路增加算力。相反，當 30 天平均值低於 60 天平均值時，則表示礦工正在從網路中移除算力。

According to Woo, the indicator is showing that the sell-off is being driven by miner capitulation, which could be a sign that the bear market is coming to an end.

Woo 表示，該指標顯示拋售是由礦商投降推動的，這可能是熊市即將結束的跡象。

“Zoom out. This sell-off is miner capitulation. Hash Ribbons just dropped. We’re early.”

“縮小。這次拋售是礦工的投降。哈希絲帶剛剛掉落。我們來早了。

Woo’s analysis suggests that the sell-off is a result of miners selling their Bitcoin holdings to cover their costs. This is common during bear markets, as miners’ revenue decreases due to the lower Bitcoin price. As a result, miners are forced to sell their Bitcoin holdings to stay afloat.

吳的分析表明，拋售是礦工出售其持有的比特幣以彌補成本的結果。這種情況在熊市期間很常見，因為比特幣價格下跌導致礦工收入減少。結果，礦工被迫出售其持有的比特幣以維持生計。

However, Woo’s analysis also suggests that the sell-off could be coming to an end. This is because the Hash Ribbons are indicating that miners are now removing hash rate from the network. This could be a sign that miners are no longer able to operate profitably and are shutting down their mining rigs.

然而，吳的分析也表明，拋售可能即將結束。這是因為哈希絲帶表明礦工現在正在從網路中刪除哈希率。這可能表明礦工不再能夠獲利並正在關閉他們的採礦設備。

If Woo’s analysis is correct, then the sell-off could soon be over and Bitcoin price may begin to recover.

如果吳的分析是正確的，那麼拋售可能很快就會結束，比特幣價格可能會開始復甦。