比特幣搖搖欲墜，值得關注的前兩個級別

從技術上講，比特幣正處於 8 月 8 日擴張後建立的牛旗的看漲突破形態內。

output: Bitcoin is trending lower at the time of writing, cooling off after the encouraging leg up on August 23. Although the uptrend remains, and the coin is not far away from $63,000, there is no discounting the possibility of sellers pressing on. The alignment with the dip of early August could trigger another wave of liquidation, causing panic.

產出：在撰寫本文時，比特幣呈走低趨勢，在8 月23 日令人鼓舞的上漲後逐漸降溫。性不容忽視。與八月初的下跌一致可能引發另一波清算，引發恐慌。

Bitcoin Shaky, The First Two Levels To Watch

比特幣搖搖欲墜，值得關注的前兩個級別

Technically, Bitcoin is within a bullish breakout formation from the bull flag established after the expansion on August 8.

從技術上講，比特幣正處於 8 月 8 日擴張後建立的牛旗的看漲突破形態內。

Moreover, from a volume analysis perspective, bulls stand a chance since prices are still inside the bull bar of August 23. As long as trading volume remains light as prices trickle lower, buyers may jump back and drive prices higher above $66,000.

此外，從成交量分析的角度來看，多頭仍有機會，因為價格仍在8 月23 日的牛市區間內。至66,000 美元以上。

However, assuming Bitcoin bears have the upper hand, one analyst on X thinks it will be important for traders to closely monitor how prices will react at the following four reaction lines. From the Bitcoin cost-basis comparison by CryptoQuant, the first support level, now resistance following the ongoing dump, is $63,450.

然而，假設比特幣空頭佔上風，X 的一位分析師認為，交易者密切關注價格在以下四個反應線的反應非常重要。根據 CryptoQuant 的比特幣成本基礎比較，第一個支撐位（現在是持續拋售後的阻力位）為 63,450 美元。

At this price point, the analyst notes that this is the average price at which new whales buy BTC. It remains to be seen whether prices will recover and print above $64,000 in the coming days. However, the fact that whales are in the picture is a net positive. Usually, whales, unlike retailers, tend to be HODLers and won’t be shaken off whenever prices fluctuate.

分析師指出，在這個價格點上，這是新鯨魚購買 BTC 的平均價格。未來幾天價格是否會回升並突破 64,000 美元還有待觀察。然而，鯨魚出現在圖片中這一事實是一個積極的因素。通常，與零售商不同，鯨魚往往是持有者，並且不會在價格波動時擺脫困境。

If bears are unyielding and prices break below $60,000, the analyst continued traders should watch how prices react at $55,540. According to the trader’s analysis, Binance users have placed their support at $55,540. Hence, prices dropping below this level could easily trigger panic selling as traders on this exchange dump to safety.

如果空頭不屈服並且價格跌破 60,000 美元，分析師繼續說道，交易者應該關注價格在 55,540 美元的反應。根據交易員的分析，幣安用戶的支撐位為 55,540 美元。因此，價格跌破這一水平很容易引發恐慌性拋售，因為該交易所的交易者紛紛轉向安全。

Miners And Long-Term Holders: The Last Walls

礦工和長期持有者：最後的牆

A level deeper, a key support level is seen at $44,400. This zone is where most miners are deemed profitable. As long as prices trade above this line, most miners, most of whom are whales, can HODL, anticipating price gains. In early August, Bitcoin fell hard but didn’t breach this zone, highlighting its importance in BTC price action.

再往深處看，關鍵支撐位為 44,400 美元。該區域是大多數礦工被認為有利可圖的區域。只要價格交易在這條線之上，大多數礦工（其中大多數是鯨魚）就可以持有，預期價格會上漲。 8 月初，比特幣大幅下跌，但並未突破該區域，凸顯了其在 BTC 價格走勢中的重要性。

Below this, $25,000 is another accumulation level that traders will watch out for in the event of a general collapse. The $25,000 is the average price at which long-term holders (LTHs) bought BTC. LTHs are those who bought BTC over 155 days ago. Most of this cohort is said to be whales and network believers. A break below $50,000 and August 2024 lows could set the stage for another leg down to $40,000 and lower.

低於此水平，25,000 美元是另一個累積水平，交易者在全面崩盤時需要留意。 25,000 美元是長期持有者（LTH）購買 BTC 的平均價格。 LTH 是指在 155 天前購買過 BTC 的人。據說這群人中的大多數都是鯨魚和網路信徒。跌破 50,000 美元和 2024 年 8 月的低點可能為再次跌至 40,000 美元及更低奠定基礎。

While bears might be taking over, there are also supportive factors that continue to spur bulls on. For instance, one of the world’s largest asset managers, BlackRock, recently added BTC to its Strategic Global Bond Fund as a hedge against traditional assets. Its spot Bitcoin ETF, IBIT, already holds billions of BTC on behalf of its institutional clients.

雖然空頭可能會佔上風，但也有一些支撐因素繼續刺激多頭。例如，全球最大的資產管理公司之一貝萊德最近將比特幣添加到其戰略全球債券基金中，作為對傳統資產的對沖。其現貨比特幣 ETF IBIT 已代表其機構客戶持有數十億比特幣。