比特币 (BTC) 八月结束，九月带来新挑战

比特币 (BTC) 8 月份表现不佳，下跌 8.6%，收盘时创下两周新低。跌势持续到 9 月份，BTC 价格疲软推动

Bitcoin (BTC) price ended August on a sour note as the month closed with a fresh two-week low, losing 8.6%. The drop continued into September, with BTC price weakness pushing the cryptocurrency below $57,500 on Bitstamp, a level last seen on Aug. 16.

比特币 (BTC) 价格在 8 月份结束时表现不佳，当月收盘时创下两周新低，下跌 8.6%。跌势持续到 9 月份，BTC 价格疲软将 Bitstamp 上的加密货币推低至 57,500 美元以下，该水平上次出现于 8 月 16 日。

BTC/USD 1-hour chart. Source: TradingView

BTC/美元 1 小时图。来源：TradingView

The weekend’s less liquid conditions made for a grim monthly close, with buyers unable to prevent further losses.

周末流动性较差导致月度收盘惨淡，买家无法阻止进一步损失。

Consequently, Bitcoin finished August down 8.6%, below its average of 1.75% gains, per data resource tracker CoinGlass.

因此，根据数据资源跟踪器 CoinGlass 的数据，比特币 8 月份收盘下跌 8.6%，低于 1.75% 的平均涨幅。

Historically, September has been a challenging month for Bitcoin, with average losses of 4.5%. This year is no exception, as BTC/USD stares down a potentially bearish month.

从历史上看，9 月份对比特币来说是充满挑战的一个月，平均损失为 4.5%。今年也不例外，比特币/美元将迎来一个潜在的看跌月份。

Experts Are Cautious of Any Surprise Corrections

专家对任何意外修正持谨慎态度

Traders are eyeing potential liquidity grabs, with some predicting a push into local lows before any relief for bulls. Short squeeze odds target $61,300, while others see the mid-$60,000 range as a short-term target.

交易员正在关注潜在的流动性攫取，一些人预测在多头得到缓解之前，市场会跌至局部低点。空头挤压赔率目标为 61,300 美元，而其他人则将 60,000 美元中间范围视为短期目标。

Popular trader Crypto Chase noted, ” Bulls want to see 55.5-56.5K hold or decisive PA above 61K.~ Losing 55K likely means 51K.~ Been patient over the past week, don't believe I've missed much. Waiting for higher confidence trades.”

受欢迎的交易员 Crypto Chase 指出，“多头希望看到 55.5-56.5K 持有或决定性 PA 高于 61K。~ 损失 55K 可能意味着 51K。~ 过去一周保持耐心，不要相信我错过了太多。等待信心更高的交易。”

$BTC Local level taking a beating, wouldn't be surprised if it gives way eventually. Bulls want to see 55.5-56.5K hold or decisive PA above 61K~. Losing 55K likely means 51K~.Been patient over the past week, don't believe I've missed much. Waiting for higher confidence trades. pic.twitter.com/cME09gCMlL

$BTC 当地水平遭受打击，如果它最终屈服也不会感到惊讶。多头希望看到55.5-56.5K守住或果断PA高于61K~。失去55K可能意味着51K~。过去一周保持耐心，相信我没有错过太多。等待信心更高的交易。 pic.twitter.com/cME09gCMlL

While analyzing the weekly BTC chart, Rekt Capital made a stern observation.

在分析 BTC 周线图时，Rekt Capital 做出了严厉的观察。

#BTC Bitcoin continues to retest the Channel Bottom

#BTC 比特币继续重新测试通道底部

Bitcoin needs to Weekly Close above $58450 to confirm the Channel bottom (black) as support

比特币需要每周收盘价高于 58450 美元才能确认通道底部（黑色）作为支撑

Retest is still in progress$BTC #Bitcoin https://t.co/4tbcFtQEuF pic.twitter.com/juOeY0Tvta

重新测试仍在进行中$BTC #Bitcoin https://t.co/4tbcFtQEuF pic.twitter.com/juOeY0Tvta

CoinGlass liquidity data gave more weight to the bearish narrative, with price slicing through layer after layer in its downward dive over the final week of August.

CoinGlass 流动性数据更加凸显了看跌的说法，价格在 8 月最后一周的下跌过程中一层又一层地切入。

BTC liquidation heatmap (screenshot). Source: CoinGlass

BTC 清算热图（截图）。来源：CoinGlass

CrypNuevo suggested in an X thread that both upside and downside liquidity hunts could come this week, as he went ahead to give the target for a potential upside liquidity grab as $61,300.

CrypNuevo 在 X 主题中表示，本周可能会出现上行和下行流动性搜寻，他继续将潜在上行流动性攫取的目标定为 61,300 美元。

In a trading perspective, I'm favoring longs so I'd prefer seeing the move down first to hit the liquidations and fill the wick at $56.6k where I could long.

从交易的角度来看，我倾向于做多，所以我更愿意看到价格首先下跌，以达到清算并填补我可以做多的 56,600 美元的灯芯。

So I'm keeping a long order at that $56.6k level on Sunday & Monday in case we see a false move at the start of the week.

因此，我在周日和周一将多头订单保持在 56,600 美元的水平，以防我们在本周初看到错误的走势。

Reaccumulation Range Nears End

再聚集范围接近尾声

Bitcoin begins September on a weak note, with monthly and weekly closes triggering a decline in the BTC price. Currently trading at around $60,000+, BTC is showing a lack of upward momentum, as market analysis reveals a lack of enthusiasm among traders.

比特币在 9 月份开始表现疲软，每月和每周的收盘价引发了 BTC 价格的下跌。目前，BTC 的交易价格约为 60,000 美元以上，缺乏上涨动力，市场分析显示交易者缺乏热情。

Will this month repeat the pattern of the previous September, which has historically been challenging for Bitcoin? September has a reputation for being a difficult month for BTC, with prices often experiencing a downturn.

这个月是否会重复去年九月的模式，这对比特币来说历来都是充满挑战的？ 9 月对于 BTC 来说是一个艰难的月份，价格经常下跌。

September marks the deadline for Bitcoin’s post-halving “reaccumulation range” to be completed. This period, which has been in place since May 2020, is a key phase for Bitcoin price action, and its conclusion could set the stage for a new market phase, Rekt Capital summarized in an X thread.

9月是比特币减半后“重新积累区间”完成的最后期限。 Rekt Capital 在 X 主题中总结道，自 2020 年 5 月以来，这一时期是比特币价格走势的关键阶段，其结束可能为新​​的市场阶段奠定基础。

BTC/USD 1-hour chart. Source: Skew

BTC/美元 1 小时图。资料来源：倾斜

Bitcoin failed to impress around the latest monthly close, and conditions have remained tenuous. Data from TradingView shows that bulls have been powerless to overcome sell-side pressure, which popular trader Skew shows has characterized low-timeframe market conditions in his analysis shared in X.

比特币在最近的月度收盘价附近未能给人留下深刻印象，而且情况仍然脆弱。 TradingView 的数据显示，多头无力克服卖方压力，受欢迎的交易员 Skew 在 X 中分享的分析中表明，这种压力体现了低时间框架市场状况的特点。

$BTC Market Flow Update

$BTC 市场流量更新

$BTC Binance Spot

$BTC 币安现货

Since my previous tweet where I mentioned that risk was taken off books of firms also known as selling positions with a positive delta this has so far had a supply impact on price with each LTF bounce being matched with passive supply… pic.twitter.com/V2aweWxweK

自从我在上一篇推文中提到风险已从公司账簿（也称为具有正增量的卖出头寸）中消除以来，到目前为止，这对价格产生了供应影响，每次 LTF 反弹都与被动供应相匹配…… pic.twitter.com/ V2aweWxweK

Data from CoinGlass meanwhile shows the bulk of bid support clustering around $56,750 as of writing.

与此同时，CoinGlass 的数据显示，截至撰写本文时，大部分出价支持集中在 56,750 美元左右。

BTC/USD monthly returns (screenshot). Source: CoinGlass

比特币/美元月度回报（屏幕截图）。来源：CoinGlass

Other traders saw the potential for a push into local lows before any relief for bulls, with estimates including $56,00

其他交易员认为，在多头有所缓解之前，价格可能会推向局部低点，估计包括 56,000 美元