尽管短期下降，比特币（BTC）的价格动作仍然看涨，延续到$ 125,400是基本情况。

比特币最近经历了靠近106,133美元的钥匙支持区的回调，但价格行动仍然看涨。市场结构表明，如果支持公司持有，则延续了125,400美元。

Bitcoin (BTC) dropped a bit from recent local highs, but the broader technical picture still favors bullish continuation. The current pullback appears to be a healthy retracement into a key support zone, which could be used to springboard the next leg upward.

比特币（BTC）从最近的当地高点中下降了一些，但是更广泛的技术图片仍然有利于看涨的延续。当前的回调似乎是对钥匙支撑区域的健康回试，可用于向上跳板。

As market structure suggests, a continuation toward $125,400 is in the cards if support holds firm.

正如市场结构所暗示的那样，如果支持公司持有，则延续了125,400美元。

Key technical points

关键技术要点

* Bitcoin’s decline from recent local highs triggered a wave of intraday selling pressure, but the correction landed precisely at a high-timeframe support level near $106,133. This region has historically been an inflexion point, with price either consolidating or reversing to continue its upward trend. The reaction at this level will be crucial in determining whether Bitcoin can maintain its bullish posture.

*比特币从最近的当地高点下降引发了一波盘中销售压力，但校正恰好以高级支撑水平接近106,133美元。从历史上看，该地区一直是一个倒转点，价格巩固或逆转以继续其上升趋势。该水平的反应对于确定比特币是否可以维持其看涨姿势至关重要。

* Structurally, Bitcoin remains inside a well-defined upward channel. Previous moves within this channel have respected both the upper and lower boundaries, bouncing cleanly between support and resistance. The recent pullback aligns with the lower boundary of this channel, suggesting a potential rotational move back toward the upper boundary at $125,400.

*从结构上讲，比特币保留在一个定义明确的向上通道内。该通道内的先前移动已尊重上和下限，在支撑和电阻之间弹跳。最近的回调与该通道的下边界保持一致，这表明潜在的旋转向上边界返回了$ 125,400。

* Supporting this bullish outlook is the fact that no major breakdown in market structure has occurred. The most recent swing low remains intact, and the price is still printing higher lows on higher time frames. If Bitcoin consolidates above current support and builds momentum, a continuation toward $125,400 becomes the base case scenario.

*支持这种看涨前景的事实是，市场结构没有发生重大破坏。最近的秋千低点仍然完好无损，而且价格仍在更高的时间范围内打印出更高的低点。如果比特币巩固了当前支持并建立动力，则延续到$ 125,400成为基本情况。

* In the short term, traders should be watching how the price behaves between $106,133 and $110,000. Staying above the lower boundary will invite more buying pressure and could lead to the breakout required for the next leg up. On the flip side, a confirmed loss of $106K would invalidate this structure and shift momentum in favor of sellers.

*在短期内，交易者应该观察价格在106,133美元至110,000美元之间的行为。停留在下边界上方将邀请更多的购买压力，并可能导致下一条腿所需的突破。另一方面，确认的$ 106K损失将使这种结构无效，并转移势头，而不是卖方。

What to expect in the coming price action

在即将到来的价格行动中会有什么期望

As long as Bitcoin stays above the $106,133 support, price action is likely to grind higher toward the $125,400 resistance level. There may be some short-term volatility to anticipate, but the broader structure remains firmly bullish for now.

只要比特币停留在106,133美元的支持之上，价格行动就可能会更高，而电阻水平为125,400美元。可能会有一些短期波动可以预期，但是暂时更广泛的结构仍然坚定地看涨。

output: As the world's leading cryptocurrency, Bitcoin (BTC) has been a hot topic of discussion among traders and analysts. With the cryptocurrency markets beginning to heat up once again, all eyes are on Bitcoin to see what move it will make next.

输出：作为世界领先的加密货币，比特币（BTC）一直是交易者和分析师之间讨论的热门话题。随着加密货币市场再次开始升温，所有人的目光都在比特币上，以了解下一步将采取什么行动。

After a strong rally throughout the first half of 2024, Bitcoin finally encountered some resistance near the $115,000 level. This led to a minor pullback, which brought buyers back into the market. As the price dipped below the $106,000 zone, sellers began to exert some pressure, setting the stage for a potential shift in market dynamics.

在2024年上半年进行了强烈的集会之后，比特币终于在$ 115,000的水平上遇到了一些阻力。这导致了一个小小的回调，这使买家重新回到了市场。随着价格下降到106,000美元的区域以下，卖家开始施加一定的压力，为市场动态的潜在变化奠定了基础。

Bitcoin drops below key support

比特币下降到关键支持以下

Bitcoin dropped below a key support level that could decide the next leg of the trend.

比特币降至关键支持水平以下，这可以决定趋势的下一个工作。

After a strong rally from the $90,000 zone to highs of nearly $115,000, Bitcoin encountered some resistance around that level. This led to a minor pullback, which brought buyers back into the market. As the cryptocurrency slid below the $106,133 zone, sellers began to exert some pressure, setting the stage for a potential shift in market dynamics.

从$ 90,000的区域到近115,000美元的高点进行了强烈的集会，比特币在该水平上遇到了一些阻力。这导致了一个小小的回调，这使买家重新回到了市场。随着加密货币滑行到106,133美元以下，卖方开始施加压力，为市场动态的潜在转变奠定了基础。

This level has been a crucial point of interest throughout 2024, as it acted as strong support during previous declines. If this zone breaks down, it could open the door for further downside. On the other hand, if buyers manage to keep the price above this zone, it could set the stage for another attempt at the all-time highs.

整个2024年，这一水平一直是至关重要的兴趣点，因为它在以前的下降过程中是强有力的支持。如果该区域分解，它可能会打开门以进一步下降。另一方面，如果买家设法将价格保持在该区域之上，则可以为有史以来的高潮进行另一次尝试奠定基础。

From a structural perspective, Bitcoin is still trading inside a well-defined upward channel that began in December 2022.

从结构的角度来看，比特币仍在2022年12月开始的明确的向上渠道内进行交易。

Chart showing Bitcoin's upward channel and support level

图表显示比特币的上流渠道和支持级别

Credit: TradingView

信用：TradingView

The upper boundary of this channel is around the $125,400 zone, which is the next logical point of resistance. As long as the lower boundary holds firm, it keeps the broader implication biased toward further gains.

该通道的上边界约为$ 125,400区域，这是阻力的下一个逻辑点。只要下边界坚定地坚持，它就会使更广泛的含义偏向进一步的收益。

Another key level to watch on the chart is the 200-week Simple Moving Average (SMA), which is currently around $90,000. This is a closely followed indicator by long-term traders, and a break below it could be seen as a bearish sign. However, the price has bounced off the 200-week SMA several times in the past, showing that it can provide support at key moments.

在图表上观看的另一个关键水平是200周的简单移动平均线（SMA），目前约为90,000美元。这是长期交易者紧随其后的指示，而下方的突破可以看作是看跌迹象。但是，过去几次弹起了200周的SMA，表明它可以在关键时刻提供支持。

Looking ahead

展望未来

Overall, the technical outlook for Bitcoin remains bullish despite the recent pullback. With support holding firm and no major breakdown in market structure, the path of least resistance appears to be up.

总体而言，尽管最近有回调，但比特币的技术前景仍然看涨。由于支持公司的支持，市场结构没有重大破坏，抵抗力最小的道路似乎已经上升了。

If Bitcoin can manage to stay above the $106,133 support zone and begin to build momentum again, it

如果比特币可以设法保持超过$ 106,133的支持区并开始建立动力，那就可以