比特币（BTC）下跌：是时候买入了吗？

尽管比特币小幅走低，卖家也无情，但一位分析师认为现在是买入的最佳时机。

Bitcoin price dropped sharply on July 4 as bears put up a fight at the crucial $60,000 support level. However, one analyst believes this could be the right time to buy BTC. Here’s why.

7 月 4 日，由于空头在 60,000 美元的关键支撑位上奋力拼搏，比特币价格大幅下跌。然而，一位分析师认为，这可能是购买 BTC 的最佳时机。原因如下。

Bitcoin price is showing signs of weakness once again as the bears attempt to push the coin lower. After a weekend of gains and a promising start to July, BTC dropped by over 5% in the last 24 hours of trading.

随着空头试图压低比特币价格，比特币价格再次显示出疲软迹象。经过周末的上涨和 7 月的良好开局后，BTC 在过去 24 小时的交易中下跌了 5% 以上。

With this drop, Bitcoin price sliced through the $60,000 support level like a hot knife through butter. This round number has been closely watched for the past few days, especially following the gains last observed over the weekend.

随着这次下跌，比特币价格像热刀切黄油一样突破了 60,000 美元的支撑位。过去几天，这一轮数字受到密切关注，尤其是在周末观察到最后一次上涨之后。

However, despite the bearish sentiment, one analyst believes that this could be the right time to buy Bitcoin. Here’s a closer look at their analysis and the technicals behind it.

然而，尽管市场情绪悲观，但一位分析师认为，这可能是购买比特币的最佳时机。以下是他们的分析及其背后的技术原理的详细介绍。

Bitcoin Price Retesting Crucial Support, Could Be Time To Buy BTC

比特币价格重新测试关键支撑，可能是买入比特币的时候了

While Bitcoin price is edging lower and the sellers seem relentless, one analyst thinks this is the right time to stack up. In a post on TradingView, the analyst argues that Bitcoin is on the cusp of the “Spring” phase within the Wyckoff re-accumulation model.

尽管比特币价格小幅走低且卖家似乎无情，但一位分析师认为现在是买入的最佳时机。在 TradingView 上的一篇文章中，分析师认为比特币正处于威科夫再积累模型中“春季”阶段的风口浪尖。

The Wyckoff model is a technical analysis tool used by traders and chartists. Traditionally, it uses price and volume patterns to identify potential price movements.

威科夫模型是交易者和图表师使用的技术分析工具。传统上，它使用价格和成交量模式来识别潜在的价格变动。

While Wyckoff describes multiple phases when it comes to price patterns, the “Spring” stage is what most traders always track. When prices “spring” higher from this stage, the coin tends to break out from the current range at the back of rising trading volume.

虽然威科夫在价格模式方面描述了多个阶段，但大多数交易者总是跟踪“春季”阶段。当价格从这个阶段“反弹”走高时，代币往往会在交易量上升的背景下突破当前区间。

Looking at the Bitcoin daily chart, it is evident that prices have been consolidating. Thus far, the primary support is around the May and June 2024 lows.

看看比特币日线图，很明显价格一直在盘整。到目前为止，主要支撑位于 2024 年 5 月和 6 月低点附近。

Then, prices broke lower, sinking below $57,000 and bottoming at around $56,500 in May. Resistance lies between $72,000 and March 2024 highs on the upper end.

然后，价格下跌，跌破 57,000 美元，并于 5 月份触底于 56,500 美元左右。阻力位位于 72,000 美元和 2024 年 3 月高点之间。

As it is, Bitcoin is retesting the primary support, with the July 4 bar piercing $60,000 and dropping to as low as $56,900 earlier today. Based on the Wyckoff model, prices are priming for the spring phase. This preview will hold, especially if there is no confirmation of today’s losses.

事实上，比特币正在重新测试主要支撑位，7 月 4 日突破 60,000 美元，今天早些时候跌至 56,900 美元。根据威科夫模型，价格正在为春季阶段启动。这种预测将会持续下去，特别是如果今天的损失没有得到确认的话。

Bitcoin Hash Ribbons Show Miner Capitulation Driving Sell-Off

比特币哈希丝带显示矿工投降推动抛售

The post also includes the Bitcoin Hash Ribbons, a technical indicator used to gauge miner behavior. According to on-chain analyst Willy Woo, the indicator is signaling miner capitulation.

该帖子还包括比特币哈希丝带，这是一种用于衡量矿工行为的技术指标。链上分析师 Willy Woo 表示，该指标正在表明矿工投降。

The Hash Ribbons are a moving average of the 30-day and 60-day hash rate, used to determine whether miners are adding or removing hash rate from the network. When the 30-day average crosses above the 60-day average, it signals that miners are adding hash rate to the network. Conversely, when the 30-day average crosses below the 60-day average, it signals that miners are removing hash rate from the network.

算力丝带是 30 天和 60 天算力的移动平均值，用于确定矿工是否在网络中添加或删除算力。当 30 天平均值突破 60 天平均值时，表明矿工正在向网络增加算力。相反，当 30 天平均值低于 60 天平均值时，则表明矿工正在从网络中移除算力。

According to Woo, the indicator is showing that the sell-off is being driven by miner capitulation, which could be a sign that the bear market is coming to an end.

Woo 表示，该指标显示抛售是由矿商投降推动的，这可能是熊市即将结束的迹象。

“Zoom out. This sell-off is miner capitulation. Hash Ribbons just dropped. We’re early.”

“缩小。这次抛售是矿工的投降。哈希丝带刚刚掉落。我们来早了。”

Woo’s analysis suggests that the sell-off is a result of miners selling their Bitcoin holdings to cover their costs. This is common during bear markets, as miners’ revenue decreases due to the lower Bitcoin price. As a result, miners are forced to sell their Bitcoin holdings to stay afloat.

吴的分析表明，抛售是矿工出售其持有的比特币以弥补成本的结果。这种情况在熊市期间很常见，因为比特币价格下跌导致矿工收入减少。结果，矿工被迫出售其持有的比特币以维持生计。

However, Woo’s analysis also suggests that the sell-off could be coming to an end. This is because the Hash Ribbons are indicating that miners are now removing hash rate from the network. This could be a sign that miners are no longer able to operate profitably and are shutting down their mining rigs.

然而，吴的分析还表明，抛售可能即将结束。这是因为哈希丝带表明矿工现在正在从网络中删除哈希率。这可能表明矿工不再能够盈利并正在关闭他们的采矿设备。

If Woo’s analysis is correct, then the sell-off could soon be over and Bitcoin price may begin to recover.

如果吴的分析是正确的，那么抛售可能很快就会结束，比特币价格可能会开始复苏。