比特幣期貨分析 - 關鍵交易水平和今天的市場前景

在進行分析時，比特幣期貨的交易價格為89,430，比昨天的收盤處下降了0.03％，表明市場處於暫停模式，這非常好待美國就業報告或其他催化劑推動動力。

Bitcoin futures were trading at 89,430 at the time of this analysis, down a marginal 0.03% from yesterday’s close. This placed the market in pause mode—likely awaiting the U.S. jobs report or another catalyst to drive momentum.

在進行分析時，比特幣期貨的交易價格為89,430，比昨天的收盤價降低了0.03％。這使市場處於暫停模式，這可能是在等待美國就業報告或其他催化劑以推動動力的催化劑。

This week’s price action remained within the broader pullback structure that started from the all-time high (110,150). Bitcoin futures had since corrected 28.5%, with a recent low of 78,675. The market now sat mid-range relative to last week’s price action and was near a key pivot level from January 13, 2025.

本週的價格動作始終是從歷史最高高（110,150）開始的更廣泛的回調結構。此後，比特幣期貨已糾正28.5％，最近的低點為78,675。現在，該市場與上週的價格行動相對於上週的中間距離，並且從2025年1月13日起接近關鍵樞軸水平。

But where did we go from here?

但是我們從這裡去哪裡？

For that, we turned to volume profile analysis and VWAP-based key price levels, where institutional traders, algorithms, and professional market participants were likely to engage in greater trading activity.

為此，我們轉向了數量概況分析和基於VWAP的關鍵價格水平，在這裡，機構交易者，算法和專業市場參與者可能會從事更大的交易活動。

What Is Volume Profile & Why Does It Matter?

什麼是音量配置文件，為什麼重要？

Volume profile was a price-based volume indicator that showed where the most trading activity had occurred at specific price levels. Unlike traditional moving averages that tracked price over time, volume profile displayed the volume at each price point, highlighting liquidity zones.

數量概況是一個基於價格的數量指標，該指標表明在特定價格水平上最多的交易活動發生在哪裡。與傳統的移動平均值隨著時間的推移跟踪價格，音量配置文件在每個價格點顯示體積，突出了流動性區域。

• High volume areas (POC – Point of Control): These areas, denoted by the densest part of the volume profile, indicated where the most trading activity took place. They acted as strong liquidity zones, which often provided support or resistance for price.

•高容量區域（POC - 控制點）：這些區域，由數量最密集的部分錶示，指示交易活動最多的地方。他們充當強大的流動性區，通常為價格提供支持或阻力。

• Value area (VAH/VAL – Value Area High & Low): This was the price range where 70% of the total session volume was concentrated. It defined the market’s accepted price levels for the session.

•值面積（VAH/VAL - 值高和低）：這是集中會話量的70％的價格範圍。它定義了市場公認的會議價格水平。

• Low volume areas: Conversely, low volume areas signaled rapid price movement with minimal liquidity. This often created price gaps that price later tended to revisit as institutions completed their planned activity.

•低容量面積：相反，低容量區域表明價格快速流動，流動性最小。這通常會造成價格差距，而隨著機構完成計劃的活動，價格後來傾向於重新審視。

What Is VWAP & Why Should Traders Use It?

什麼是VWAP，為什麼交易者應該使用它？

VWAP (Volume Weighted Average Price) was a key benchmark used by institutions to measure the average price at which a security traded over a session, with more weight given to prices with higher volume.

VWAP（體積加權平均價格）是機構用來衡量安全性交易的平均價格的關鍵基準，其權重更大，價格更高。

• Above VWAP: When price traded above VWAP, it signaled that buyers had more strength, indicating a bullish bias.

•VWAP上方：當價格在VWAP上方交易時，它表明買家具有更大的力量，表明看漲偏見。

• Below VWAP: Conversely, price trading below VWAP implied more selling pressure, suggesting a bearish bias.

•VWAP下方：相反，VWAP低於VWAP的價格交易暗示了更多的銷售壓力，這表明是看跌的偏見。

VWAP reset daily, meaning it adapted dynamically throughout the session to reflect changing market conditions and liquidity. This made it a valuable tool for both institutional traders and professional scalpers who engaged in more rapid, shorter-term trading.

VWAP每天重置，這意味著它在整個會議期間動態適應，以反映不斷變化的市場狀況和流動性。對於從事更快，更短的交易的機構貿易商和專業的黃牛來說，這都是有價值的工具。

Key Bitcoin Futures Price Levels Today

今天的關鍵比特幣期貨價格水平

Resistance Levels (Above Current Price – 89,430)

電阻水平（高於當前價格 - 89,430）

Traders should keep an eye on how price reacted around 91,000. If buyers managed to sustain price above this level, it would suggest significant strength, potentially leading to a test of 93,175 and maybe even 95,000+.

交易者應密切關注價格在91,000左右的反應。如果買家設法維持高於此水平的價格，它將表明強大的強度，可能導致93,175次測試甚至95,000多。

Support Levels on Bitcoin Futures (Below Current Price – 89,430)

比特幣期貨的支持水平（低於當前價格 - 89,430）

If price broke below 86,880, it signaled a shift in momentum, suggesting that sellers were gaining more control and traders could see a continuation lower.

如果價格突破86,880，它表明勢頭轉移，這表明賣方獲得了更多的控制權，而交易者可能會降低延續。

Critical Lower Support Ranges If Selling Pressure Escalates

關鍵的較低支持範圍如果銷售壓力升級

A break below 78,600 would indicate a deeper corrective phase, shifting the market structure to bearish unless we saw extremely strong support emerge at lower institutional liquidity zones.

低於78,600的休息時間將表明更深層次的糾正階段，除非我們看到在較低的機構流動性地區出現了極強的支持，否則將市場結構轉移到看跌。

Why Smart Traders Take Partial Profits Instead of All-or-Nothing Bets

智能交易者為什麼要獲得部分利潤，而不是全或全無的賭注

One of the biggest mistakes traders often made was waiting for the “big move” to materialize completely before taking any profits, leading to smaller gains or missed opportunities.

交易者經常犯的最大錯誤之一是等待“大動作”在獲得任何利潤之前完全實現，從而導致較小的收益或錯過的機會。

• Markets Are Unpredictable – Even the strongest trends could experience unexpected pullbacks or shifts in momentum before a larger continuation. By locking in some profits at key levels, traders could mitigate risk from potential reversals while still having the potential to benefit from a larger move.

•市場是不可預測的 - 即使是最強大的趨勢也可能會在更大的延續之前經歷意外的回調或動量轉變。通過將一些利潤鎖定在關鍵水平上，交易者可以減輕潛在逆轉的風險，同時仍然有可能從更大的舉動中受益。

• Institutions & Algos Take Profits – Large institutional players and professional algorithms typically didn’t maintain full positions all the way to the highest price target. They usually scaled out of positions gradually at key price levels where they anticipated more liquidity and institutional participation.

•機構和算法獲得利潤 - 大型機構參與者和專業算法通常並未保持全部職位，直至最高目標。他們通常以關鍵價格水平逐漸排除職位，他們預計會有更多的流動性和機構參與。

• Possitioning For The Next Move – Taking partial profits at a key level allowed traders to reposition their positions more effectively. For instance, if traders sold at a resistance zone but saw signs of sellers getting exhausted, they could adjust their strategy and prepare for a potential bounce.

•採取下一步行動的可能性 - 在關鍵水平上進行部分利潤，使交易者可以更有效地重新定位其頭寸。例如，如果交易者在電阻區出售但看到賣家筋疲力盡的跡象，他們可以調整其策略並為潛在的反彈做準備。

How This Trading Map Helps You Read The Market

該交易圖如何幫助您閱讀市場

This analysis wasn't about trying to guess the next move of Bitcoin price but rather about understanding where major players were more likely to intervene and how their activity could influence traders' decisions.

這種分析不是要猜測比特幣價格的下一步行動，而是要了解主要參與者更有可能干預的地方以及他們的活動如何影響交易者的決策。

• If buyers managed to defend VWAP levels and key value areas, it signaled that institutions were still bullish and traders could

•如果買家設法捍衛VWAP水平和關鍵價值領域，則表明機構仍然是看漲的，交易者可以