比特币（BTC）价格可能会撤回90,000美元

交易者预计比特币的价格下降到90,000美元，但是如果利润接近范围的高点，则可能会爆发出新的高点。

Key takeaways:

关键要点：

Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces.

交易者预计比特币的价格下降到90,000美元，但是如果利润接近范围的高点，则可能会爆发出新的高点。

On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum.

链上的数据表明，目前的利润太弱了，无法扑灭比特币的当前价格势头。

Bitcoin (BTC) price has spent the bulk of the week pinned below $104,000 to $105,000, which many analysts have labelled as a resistance zone, but an alternative view suggests that BTC is simply consolidating within a bull flag.

比特币（BTC）的价格已经花费了本周的大部分时间，将其固定在104,000至105,000美元以下，许多分析师都将其标记为电阻区，但另一种观点表明，BTC只是在公牛旗帜中简单地巩固了。

A bull flag is a continuation pattern that is characterized by a period of sideways price action following a sharp uptrend, and when the structure confirms or breaks from the trendline resistance, the uptrend continues. Mentioned in today's report:

牛旗是一种延续模式，其特征是急剧上升后的侧向价格动作，当结构确认或摆脱趋势线阻力时，上升趋势仍在继续。在今天的报告中提到：

BTC price stalls after hitting apex

达到顶点后，BTC价格失速

Despite the impression that Bitcoin has stalled in its tracks after a strong rally to $105,900 on July 18, on-chain data suggests that the current profit-taking activity is not strong enough to extinguish BTC's current price momentum.

尽管在7月18日的强劲集会至105,900美元之后，比特币在赛道上停滞不前，但链上的数据表明，当前的利润活动不足以驱除BTC当前的价格势头。

On-chain analysis firm Glassnode highlighted in its latest weekly report that short-term holder supply profit and loss data shows some profit taking on Monday.

链上分析公司GlassNode在其最新的每周报告中强调了短期持有人的供应损益数据显示周一获得了一些利润。

"This aligns with the narrative of traders booking gains after a swift ascent, especially considering that the bulk of the move occurred within a three-week period. However, the realized profit or loss total remains comfortably within the statistical norm, leaving room for further price upside."

“这与交易者在迅速上升后预订的叙述相吻合，尤其是考虑到大部分搬家发生在三周之内。但是，实现的损益总计在统计规范中保持舒适性，为进一步的价格上涨留出了空间。”

Chart via Glassnode showing Bitcoin short-term holder supply profit and loss

图表通过玻璃节目显示比特币短期持有人供应损益

After a turbulent few months for crypto traders, with a bear market, a U.S. Securities and Exchange Commission lawsuit against major crypto exchange Coinbase and reports of a potential U.S. default, the markets have seen a shift in trend.

在为加密货币交易员带来了几个月的动荡之后，拥有熊市，美国证券和交易委员会针对主要的加密交易所Coinbase的诉讼以及有关美国潜在违约的报告，市场发生了变化。

This has brought about a notional close to the futures and leveraged products markets, and with the bulk of Bitcoin's apparent sell-side liquidity having been absorbed during the move to $105,000, some analysts warn that a brief flush down to test $100,000 to $90,000 as support could be the next move for BTC price.

这使得与期货和杠杆产品市场的名义接近，并且大部分比特币在搬迁至105,000美元中吸收了大量的卖方流动性，一些分析师警告说，短暂的冲洗量要降低了100,000美元至90,000美元，因为BTC价格的下一步可能是BTC价格的下一步。

Bitcoin market liquidity resource Material Indicators said, "Barring "a serious catalyst," (which isn't necessarily a bad thing), I think BTC has a legit support test at $100K, and FireCharts show that the order book is priming for that with asks stacking and bids moving lower."

比特币市场流动性资源材料指标说：“禁止“严重的催化剂”（这不一定是一件坏事），我认为BTC的合法支持测试的合法支持测试为$ 10万美元，而FireCharts则表明，该订单簿是备用书籍的启动，而询问堆栈和投标较低。”

Sharing his view with X followers, analyst Daan Crypto Trades said that the bulk of bullish and bearish narratives with the potential to impact Bitcoin's price action have "cleared up" and he noted that BTC price has stalled near its all-time high while stocks have continued to rally after President Trump's US-China trade deal was confirmed.

分析师Daan Crypto Trades与X追随者分享了自己的看法，表示有可能影响比特币价格行动的看涨和看跌叙事已“清除”，他指出，BTC的价格已经在其历史上的高价停滞不前，而在特朗普总统的US-China Trade交易证实后，BTC的价格却在其历史上的高位上持续下降。

The analyst said that "$90K remains my long-term line in the sand for spot exposure," adding that he is "cautiously bullish" with price above $90,000 but that is dependent upon how US equity markets perform in the short term.

这位分析师说，“ $ 90K仍然是我在沙滩上的长期线，”他补充说，他是“谨慎看涨的”，价格超过90,000美元，但这取决于美国股票在短期内的表现。

"My bias is still bullish, but I'm watching closely as we're approaching a crossroads. If we break down, I'll be closing out longs and looking for short opportunities. But if we manage to hold up and continue higher, I'm prepared to add to my existing positions."

“我的偏见仍然是看好的，但是当我们接近十字路口时，我正在密切关注。如果我们崩溃，我将渴望渴望并寻找短暂的机会。但是，如果我们设法坚持下去并继续更高，我准备添加我现有的职位。”