比特币（BTC）有可能撤退，因为看涨的动量在钥匙阻力附近逐渐消失

比特币正面临着回调的风险，随着看涨的动量开始在关键阻力附近消失。经过数周的令人印象深刻的收益，BTC现在正在合并

Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains and outperforming traditional markets, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts, who are closely watching for signs of either a breakout or a deeper retracement.

比特币正面临着回调的风险，随着看涨的动量开始在关键阻力附近消失。经过数周的令人印象深刻的收益和表现不佳的传统市场，BTC现在正固结在其历史最高水平以下的紧密范围内，买家努力将价格推向价格发现。这种持续的犹豫不决引起了交易者和分析师的关注，他们密切关注突破或更深层回撤的迹象。

Crypto analyst Daan offered a broader perspective on the situation, noting that Bitcoin initially surged in response to the recent tariff-related tensions, significantly outperforming equities in the process. However, as trade uncertainty began to ease and traditional markets regained momentum, Bitcoin lost steam and failed to follow through. While stocks continued their uptrend, BTC stalled—an unusual divergence that suggests caution may be creeping back into the crypto space.

加密分析师Daan对这种情况提出了更广泛的看法，并指出，比特币最初响应于最近与关税有关的紧张局势，在此过程中表现出色。但是，随着贸易不确定性开始缓解，传统市场恢复了动力，比特币失去了动力，未能遵循。尽管股票继续上升趋势，但BTC停滞不前，这种异常的分歧表明谨慎可能会逐回加密货币空间。

With the price now hovering around the $103K mark and key resistance near $105K remaining untouched, bulls must act decisively to reclaim control. A failure to do so could trigger a larger correction, especially if macro conditions shift or equity markets show renewed weakness. For now, all eyes are on the range — and which side breaks first.

由于价格现在徘徊在$ 103K商标和钥匙阻力近105,000美元的剩余价格左右，因此公牛必须果断地采取行动以收回控制。如果不这样做可能会引发更大的纠正，尤其是当宏观条件转移或股票市场显示出较新的弱点时。就目前而言，所有人的眼睛都在范围内 - 哪个侧面折断。

Bitcoin Bulls Eye Breakout But Caution Grows Near Resistance

比特币公牛的眼球突破，但谨慎越来越接近抵抗力

Bitcoin is just 5% away from its all-time high of around $109,000, trading near $103K as bulls attempt to reclaim momentum. After weeks of strong upward movement and consolidation above key levels, many analysts believe BTC is preparing for a decisive breakout. If price can clear the $105K resistance, it could trigger a new leg into price discovery and signal the start of a powerful bull phase.

比特币距离其历史最高少量约109,000美元仅5％，随着公牛试图恢复势头，比特币的交易价格接近103,000美元。经过数周的向上运动和超过关键水平的稳定，许多分析师认为BTC正在为决定性的突破做准备。如果价格可以清除105,000美元的电阻，它可能会引发新的腿发现，并发出强大的牛阶段的开始。

However, selling pressure at current levels remains strong. Bitcoin has struggled to break higher, and some traders see this consolidation as a sign of potential exhaustion. Daan offered insights on the recent behavior, noting that BTC surged sharply following the tariff-related macro drama, outperforming equities in the process. Yet, as some trade uncertainty faded, stocks kept climbing while BTC stalled near resistance.

但是，当前水平的销售压力仍然很大。比特币一直在努力打破更高，一些交易员认为这种巩固是潜在疲惫的标志。 Daan对最近的行为提出了见解，并指出，与关税相关的宏观戏剧剧烈剧烈震惊，在此过程中表现优于股票。然而，随着某些贸易不确定性的消失，股票在BTC停滞不前的阻力下停滞不前时不断攀爬。

Daan considers $90K his “line in the sand” for long-term spot exposure. If Bitcoin were to drop below that mark, it would suggest a structural breakdown that hasn't occurred during this cycle. For now, he remains cautiously bullish while BTC stays above that level, but admits the risk-reward was more attractive when BTC was 20–30% cheaper.

Daan认为90,000美元的“沙子线”以进行长期现场曝光。如果比特币要降至该标记以下，则表明在此周期中未发生的结构崩溃。就目前而言，他仍然谨慎看涨，而BTC保持在该水平上面，但承认，当BTC便宜20-30％时，风险回报更具吸引力。

He also warns that if equities correct after their aggressive rallies—many stocks have surged 30–50% in a single month—it could drag Bitcoin lower in a short-term flush. With BTC showing relative weakness near resistance, the next move will be critical for confirming either continued upside or the start of a broader pullback.

他还警告说，如果股票在积极的集会之后正确 - 一个月内的股票飙升了30-50％ - 它可能会在短期冲洗中将比特币降低。由于BTC显示相对弱点接近电阻，因此下一步对于确认持续上升空间或更广泛的回调的开始至关重要。

Tight 4H Range Signals Imminent Price Breakout

紧密的4H范围信号即将突破价格突破

The 4-hour chart shows Bitcoin consolidating tightly between $105,700 resistance and $100,700 support, creating a narrow range that suggests a strong move is imminent. Price has been ranging sideways for several days, with multiple failed breakout attempts above $103,600. This level continues to act as a key barrier for bulls.

4小时的图表显示，比特币在105,700美元的电阻和100,700美元的支持之间紧密合并，创造了一个狭窄的范围，这表明即将采取强劲的举动。价格已经在侧面范围数了几天，多次突破尝试超过103,600美元。这个水平继续充当公牛的关键障碍。

Notably, Bitcoin remains above both the 200 EMA ($96,121) and the 200 SMA ($94,622), reinforcing the medium-term bullish structure. Momentum is neutral in the short term, as shown by the indecisive price action and declining volume. However, the trend remains intact as long as BTC holds above $100,000 — the psychological and technical line in the sand.

值得注意的是，比特币仍然高于200 EMA（$ 96,121）和200 SMA（94,622美元），从而增强了中期看涨结构。在短期内，动量是中性的，如优柔寡断的价格作用和数量下降所示。但是，只要BTC持有超过100,000美元，这一趋势仍然完好无损，这是沙子中的心理和技术线。

If price breaks above $103,600 with volume, it could trigger a move toward the $105,000–$109,000 range and initiate a push into price discovery. On the other hand, failure to hold this support zone could open the door for a quick flush to retest the $98,000–$96,000 area, where the moving averages align.

如果价格违反了$ 103,600的价格，它可能会触发向105,000- $ 109,000范围的转变，并启动推进价格发现。另一方面，如果不持有该支撑区域，则可以为快速冲洗打开大门，以重新测试$ 98,000- $ 96,000的区域，该区域的平均值对齐。

Traders should watch for a clear breakout or breakdown, especially as moving averages and prior highs converge. This tight setup rarely lasts long, and a decisive move could define Bitcoin's trend for the rest of the month.

交易者应注意明确的突破或分解，尤其是在移动平均值和先前的高点融合时。这种紧密的设置很少持续很长时间，而决定性的举动可以定义本月剩余时间的趋势。