随着流动性的扩展标志着潜在的突破，比特币（BTC）的价格提高了

随着公牛试图重新控制六位数，比特币的交易高于95,000美元的水平。在四月低点的强劲反弹之后，BTC进入了92,000美元至9.6万美元之间的紧密整合范围

Bitcoin (BTC) is trading above the $95,000 level as bulls try to reclaim control and push toward six figures.

随着公牛试图重新控制六位数，比特币（BTC）的交易高于95,000美元的水平。

After a strong rebound from its April lows, BTC has entered a tight consolidation range between $92K and $96K. As market participants watch closely for a decisive breakout, a move above the $96K mark could trigger the next leg up, potentially opening the door to a test of the long-awaited $100K milestone.

经过四月的低点反弹后，BTC进入了92,000美元至9.6万美元之间的紧密整合范围。当市场参与者密切关注果断的突破时，超过$ 9.6万人的行动可能会触发下一条比赛，有可能为期待已久的100万美元里程碑的测试打开了大门。

However, macroeconomic risks remain elevated. Growing fears of a recession, coupled with ongoing trade tensions between global powers, have added uncertainty to the broader market. This makes the upcoming sessions especially crucial for BTC’s short-term direction.

但是，宏观经济风险仍然升高。越来越多的担心，再加上全球大国之间持续的贸易紧张局势，加剧了更广泛的市场的不确定性。这使得对BTC的短期方向尤其重要。

Top analyst Axel Adler shared insights pointing to a deeper structural development beneath the price action. According to Adler, the market is currently in the third phase of liquidity expansion—a phase characterized by increasing on-chain activity, rising exchange flows, and renewed investor engagement. His Bitcoin Liquidity Index, which incorporates key on-chain network metrics alongside normalized exchange data, is trending upward. This phase, if sustained, could support a breakout and propel BTC into uncharted territory. The coming days will likely define whether the breakout materializes—or if BTC continues to range.

顶级分析师阿克塞尔·阿德勒（Axel Adler）分享了指出价格动作下更深层结构发展的见解。据阿德勒（Adler）称，该市场目前处于流动性扩张的第三阶段，这是一个阶段，其特征是增加链活动，交换流量上升和新的投资者参与。他的比特币流动性指数将关键的链链网络指标与标准化交换数据一起融合在一起，它正在向上发展。这个阶段，如果持续存在，可以支持突破，并将BTC推向未知的领域。未来几天可能会定义突破是否实现，还是BTC是否继续范围。

Bitcoin Pushes Higher As Liquidity Expansion Signals A Potential Breakout

随着流动性的扩展标志着潜在的突破，比特币提高了

随着流动性的扩展标志着潜在的突破，比特币提高了

Bitcoin continues to lead the crypto market, now trading just below the $96,000 level as bulls attempt to reclaim higher ground. After last week’s rebound, momentum remains on BTC’s side—but time is ticking. Bulls must push beyond $100,000 soon to confirm that the current move is not just a relief rally, but the beginning of a broader euphoric phase. Without a decisive breakout, fading momentum could drag BTC back into consolidation or trigger another correction.

比特币继续领导加密货币市场，目前，随着公牛试图恢复更高的地面，现在的交易价格略低于96,000美元。上周的反弹之后，动力仍然保持在BTC的身边，但时间却在滴答作响。公牛必须很快就会推出超过100,000美元，以确认当前的举动不仅是救济集会，而且是更广泛的欣喜阶段的开始。如果没有决定性的突破，褪色的动量就可以将BTC拖回合并或触发其他校正。

Despite the cautious optimism, Bitcoin is showing resilience. Healthy retests of key support zones between $90,000 and $92,000 have strengthened bullish conviction. The broader market has followed BTC’s lead, with altcoins beginning to wake up in tandem.

尽管有谨慎的乐观情绪，但比特币仍表现出弹性。健康的主要支持区的健康重新测试在90,000美元至92,000美元之间，加强了看涨的信念。更广泛的市场遵循了BTC的领先优势，而Altcoins开始同时醒来。

Axel Adler supports the bullish thesis, noting that Bitcoin is now in the third phase of liquidity expansion—a critical turning point historically associated with significant price movement. According to Adler, this liquidity index combines all major on-chain metrics with exchange data. Importantly, each component is normalized to remove distortions from BTC/USD exchange-rate volatility, giving a clearer view of structural market health.

阿克塞尔·阿德勒（Axel Adler）支持看涨的论文，并指出比特币现在正处于流动性扩展的第三阶段，这是与重大价格变动有关的关键转折点。根据阿德勒的说法，该流动性指数将所有主要的链链指标与交换数据结合在一起。重要的是，将每个组件归一化，以消除BTC/USD交换率波动率的扭曲，从而更清晰地了解结构市场健康。

Adler emphasizes that monthly liquidity readings are rapidly approaching quarterly levels. If no external “Black Swan” events derail momentum, he outlines three likely scenarios: a test of the $100K level, a retest of previous all-time highs, and ultimately a breakout into new highs. For now, Bitcoin is holding steady, but the next move could define the rest of the cycle.

阿德勒（Adler）强调，每月的流动性读数正迅速接近季度水平。如果没有外部的“黑天鹅”事件脱轨，他概述了三种可能的情况：测试$ 10万美元的水平，重新测试以前的历史高点，并最终突破了新的高点。目前，比特币保持稳定，但下一步可以定义其余的周期。

BTC Price Outlook: Bulls Push Toward Key Breakout Levels

BTC价格前景：公牛推向关键突破水平

BTC价格前景：公牛推向关键突破水平

Bitcoin is currently trading at $95,800 as bulls continue their attempt to reclaim higher ground and confirm the next leg of the rally. The immediate target is the $96,000–$98,000 zone, which has acted as a major resistance area over the past several days. A clean breakout above this range would likely open the door for a retest of the psychological $100,000 level, considered by many as the threshold for a full-scale market breakout.

随着公牛队继续试图收回更高的地面并确认集会的下一回事，比特币目前的交易价格为95,800美元。直接目标是$ 96,000- $ 98,000的区域，在过去的几天中一直是主要阻力区域。在此范围之上的清理突破可能会为重新测试100,000美元的重新测试，这被许多人认为是全面市场突破的门槛。

Market sentiment is cautiously optimistic, supported by strong on-chain activity and whale accumulation. However, the battle isn’t over yet. Bulls must defend the $90,000 support level to maintain structural strength and avoid invalidating the recent uptrend. A drop below this level could trigger short-term weakness, pushing BTC back toward lower demand zones in the $85,000–$88,000 region.

市场情绪谨慎乐观，并得到强大的链活动和鲸鱼积累的支持。但是，战斗还没有结束。公牛必须捍卫90,000美元的支持水平，以保持结构性力量，并避免使最近的上升趋势无效。低于此水平的下降可能会引发短期弱点，将BTC推向了85,000至88,000美元的地区的较低需求区域。

As long as Bitcoin holds above $90K and reclaims $96K–$100K, the technical setup favors continuation to new highs. Traders are watching closely for signs of increased volume and momentum to confirm the breakout. Until then, BTC remains in a critical consolidation phase—one that could either launch the next major move or stall the current rally.

只要比特币的售价高于$ 90K，并收回了$ 96K - $ 100K，技术设置的偏爱延续到了新的高点。贸易商正在密切关注数量增加和动力的迹象以确认突破。在此之前，BTC仍处于关键的整合阶段，该阶段可能会引发下一个重大举动，也可以使当前集会失速。