比特幣為決定性舉動做準備，眼睛流動性超過$ 105K

經過一個安靜的周末，比特幣為決定性舉措做準備。價格行動已鞏固到100,000美元至105,000美元之間的緊密範圍 - 從歷史上講，這是一個在大規模突破或急劇校正之前的設置。

After a weekend of low volatility and quiet price action, Bitcoin is poised for a decisive move. The cryptocurrency has consolidated into a tight range between $100,000 and $105,000, a setup that usually precedes either massive breakouts or sharp corrections.

經過低波動和安靜的價格動作的周末，比特幣有望做出決定性的舉動。加密貨幣已合併成100,000美元至105,000美元之間的緊密範圍，這種設置通常是在大規模突破或急劇校正之前進行的。

While bulls have managed to keep control for now, the momentum is fragile and could quickly shift if BTC breaks below key support levels around the $100K mark.

儘管公牛暫時設法保持控制權，但這種動力是脆弱的，如果BTC在$ 10萬美元的標記左右的關鍵支持水平以下，可能會很快轉移。

The broader market is growing impatient, with many expecting a breakout to all-time highs. However, crypto analyst Daan shared insights suggesting that Bitcoin has recently shown signs of relative weakness compared to traditional equities.

更廣泛的市場越來越不耐煩，許多人期望突破有史以來高潮。但是，加密分析師Daan分享了見解，表明比特幣最近顯示出與傳統股票相比的相對弱點的跡象。

According to Daan, this followed the announcement of a US-China trade deal, which reduced macroeconomic uncertainty and reignited strength in stocks.

根據丹恩（Daan）的說法，這是在宣布美國 - 中國貿易協議之後的，該協議降低了宏觀經濟不確定性並重新點燃了股票的實力。

Bitcoin Surges During Instability But Stalls Despite Calm Markets

比特幣在不穩定期間的激增，但儘管市場平靜，但儘管如此

As shared by Daan, the analysis showed that while Bitcoin reacted strongly to prior instability and outperformed equities during a period of outflows, this trend has since reversed.

正如Daan所共有的那樣，分析表明，雖然比特幣對先前不穩定性的反應強烈，並且在流出期間表現優於股票，但這種趨勢卻逆轉了。

According to his observations, this shift in performance followed the news that the US and China had reached a “Deal,” which in turn fueled a risk-on rally in equities.

根據他的觀察，這種績效的轉變是在消息稱美國和中國達成的“交易”之後，這反過來促進了股票的風險集會。

As the chart shows, Bitcoin stalled just below its all-time high, failing to outperform as equities continue climbing.

如圖所示，比特幣停滯在其歷史最高水平以下，隨著股票繼續攀升，比特幣未能表現跑贏大盤。

This divergence highlights that BTC is increasingly being viewed as a hedge during periods of instability, rather than a risk-on asset. With tension easing, capital may be rotating elsewhere, at least in the short term.

這種差異強調，在不穩定時期，BTC越來越多地被視為對沖，而不是風險登機的資產。隨著張力緩解，至少在短期內，資本可能會在其他地方旋轉。

All eyes are now on whether Bitcoin can break free from this range and reclaim leadership.

現在，所有人的目光都集中在比特幣是否可以擺脫此範圍並恢復領導力。

Bitcoin Faces Resistance But Eyes Liquidity Above $105K

比特幣面對阻力，但眼睛流動性超過$ 105K

Bitcoin continues to consolidate above the $103,000 level, forming a tight range that typically precedes major moves. Bulls are pushing to reclaim momentum, but resistance at the $105,000 mark remains strong.

比特幣繼續鞏固高於$ 103,000的水平，形成了通常在主要動作之前的緊密範圍。公牛隊正在努力恢復動力，但105,000美元的抵抗力仍然很強。

Liquidity clusters just above this level and into the all-time high zone around $109,000, making it a critical region for a potential breakout. However, growing short positions have kept pressure on BTC, slowing upward momentum despite favorable broader conditions.

流動性集群剛好高於此水平，並進入了109,000美元左右的歷史最高區域，這使其成為潛在突破的關鍵區域。但是，越來越多的短職位一直對BTC保持壓力，儘管條件更廣泛，但仍會減慢向上的動力。

Daan’s technical analysis adds depth to this picture. His review of the BTC/SPX 1D chart shows that Bitcoin has recently failed to outperform stocks, a notable change from previous weeks.

Daan的技術分析為這張照片增加了深度。他對BTC/SPX 1D圖表的評論表明，比特幣最近未能勝過股票，這與前幾週相比明顯變化。

The relative weakness followed news that the US reached a “Deal” with China, reducing market uncertainty and fueling a risk-on rally in equities. Bitcoin, on the other hand, stalled just below its highs.

相對弱點是消息稱，美國達成了與中國達成的“交易”，減少了市場不確定性並加劇了股票的風險集會。另一方面，比特幣停滯在其高點下方。

This divergence suggests that Bitcoin is evolving into an asset that investors lean into during periods of outflows or global instability. While it may be underperforming in the short term compared to equities, BTC’s strong run-up prior to the trade deal remains intact.

這種分歧表明比特幣正在發展為投資者在流出或全球不穩定期間傾向於的資產。儘管與股票相比，在短期內可能表現不佳，但BTC在貿易協議之前的強勁增長仍然完好無損。

Daan adds that continued monitoring of this ratio will be crucial as the macro environment shifts, especially if new volatility emerges.

Daan補充說，隨著宏觀環境的變化，對該比率的持續監測至關重要，尤其是在新的波動率出現的情況下。

Weekly Chart Analysis: Breakout Confirmation Still Pending

每週圖表分析：突破確認仍在待處理

The weekly chart for Bitcoin shows a strong recovery from the April lows, with BTC now consolidating just below the key $105,000 resistance zone.

比特幣的每週圖表顯示，從四月的低點恢復了強勁的恢復，而BTC現在鞏固了關鍵$ 105,000的電阻區。

After reclaiming the $100,000 psychological level with a powerful bullish candle, the price is stabilizing around $103,000–$104,000, suggesting growing pressure for a breakout into new all-time highs.

在用強大的看漲蠟燭收回了100,000美元的心理水平之後，價格穩定在103,000-104,000美元左右，這表明越來越多的壓力逐漸突破到新的歷史最高點。

Volume has remained relatively stable, with no extreme spikes, indicating steady interest rather than aggressive speculation. The structure still favors the bulls, as the current weekly candle holds above last week’s high and the price continues to trade well above both the 200-week SMA at $47,372 and the EMA at $52,453.

體積保持相對穩定，沒有極端的尖峰，表明穩定的興趣而不是激進的猜測。該結構仍然有利於公牛，因為當前的每週蠟燭持有上週的最高水平，而且價格持續遠高於200週的SMA，價格為47,372美元，而EMA的交易價格為52,453美元。

The chart suggests that if Bitcoin can close the week above $105,000, we could see an explosive move into price discovery. However, repeated rejections at this level would increase the likelihood of a short-term correction. The $100,000 mark remains the key support for maintaining a bullish structure.

該圖表表明，如果比特幣可以在105,000美元以上關閉一周，我們可能會看到價格發現的爆炸性。但是，在此級別上重複拒絕會增加短期校正的可能性。 100,000美元的大關仍然是維持看漲結構的主要支持。

Momentum remains with the bulls, but caution is warranted as this is historically a high-risk, high-reward zone. Traders are watching closely to see if Bitcoin can break cleanly above resistance and begin a new leg higher.

公牛仍然保持勢頭，但要謹慎，因為這是歷史上一個高風險，高回報的區域。貿易商正在密切關注，以查看比特幣是否可以乾淨地超過阻力，並開始更高的新腿。