比特币反弹，牛市情绪回升

比特币 (BTC) 周一飙升超过 5%，继上周因 ETF 资金外流而下跌后，重返 70,000 美元大关。分析师将反弹归因于 ETF 资金流出放缓、看涨的技术面以及有利的宏观基本面，包括美联储重申降息。比特币价格在 38.2% 斐波那契回撤位找到支撑，并有望突破 69,000 美元的先前纪录高位，有利的流动性条件和有限的空头头寸可能会推动进一步的势头。

Bitcoin's Comeback: A Resurgence of Bullish Sentiment

比特币卷土重来：看涨情绪复苏

Is Bitcoin Rebounding on Technical and Macro Support?

比特币在技术和宏观支撑下反弹吗？

Bitcoin has bounced back, reclaiming the crucial $70,000 level after a brief pullback last week. Analysts attribute this rebound to easing outflows from Bitcoin ETFs, favorable technical indicators, and improving macroeconomic fundamentals.

比特币在上周短暂回调后已经反弹，收复关键的 70,000 美元水平。分析师将这一反弹归因于比特币 ETF 资金流出的缓解、有利的技术指标以及宏观经济基本面的改善。

What Sparked Bitcoin's Jump?

是什么引发了比特币的上涨？

While no single catalyst is evident, Alex Thorn of Galaxy Digital suggests that a pause in ETF selling and improving technicals contributed to the renewed buying interest. He noted that such retracements are common in Bitcoin bull market cycles.

虽然没有明显的单一催化剂，但 Galaxy Digital 的 Alex Thorn 表示，ETF 销售的暂停和技术的改善促成了新的购买兴趣。他指出，这种回调在比特币牛市周期中很常见。

Outflows Ease, Boosting Sentiment

资金外流放缓，提振市场情绪

Outflows from Grayscale's Bitcoin Trust (GBTC), known for its hefty fees, contributed to last week's weakness. However, outflows have eased, potentially removing a headwind for Bitcoin prices.

以高额费用闻名的灰度比特币信托基金（GBTC）的资金流出导致了上周的疲软。然而，资金外流有所缓解，可能消除比特币价格的阻力。

Macro Fundamentals: A Tailwind for Bitcoin

宏观基本面：比特币的顺风车

Sam Callahan of Swan Bitcoin believes Bitcoin's rebound is linked to improving macro fundamentals. The Federal Reserve's reaffirmation of its intention to raise interest rates by three-quarters of a percentage point by the end of the year has boosted sentiment. Callahan suggests that such actions enhance liquidity conditions, benefiting asset prices.

Swan Bitcoin 的 Sam Callahan 认为，比特币的反弹与宏观基本面的改善有关。美联储重申有意在年底前加息四分之三个百分点，提振了市场情绪。卡拉汉认为，此类行动可以改善流动性状况，从而有利于资产价格。

Short Positions: A Sign of Confidence

空头头寸：信心的标志

Data from CoinGlass shows that liquidations of Bitcoin short positions have been below average over the past 24 hours. This indicates that investors are not betting heavily on further price declines, suggesting confidence in the market.

CoinGlass 的数据显示，过去 24 小时内比特币空头头寸的清算量低于平均水平。这表明投资者并没有大量押注价格进一步下跌，表明对市场的信心。

Technical Support: The 38.2% Fibonacci Level

技术支撑：38.2%斐波那契水平

Bitcoin's price found buying support at the key 38.2% Fibonacci retracement level, just above $60,000. This area is also close to Bitcoin's previous record high of $69,000 set in November 2021.

比特币价格在关键的 38.2% 斐波那契回撤位（略高于 60,000 美元）找到了买盘支撑。该区域也接近比特币于 2021 年 11 月创下的历史新高 69,000 美元。

A Potential Breakout: Eyes on $73,835

潜在突破：关注 73,835 美元

A convincing breakout above the current record high at $73,835.57 could signal a continuation of the bullish momentum. However, a reversal at this key level could pave the way for a deeper retracement towards the 50-day moving average.

令人信服地突破当前历史高点 73,835.57 美元可能预示着看涨势头的延续。然而，这一关键水平的逆转可能为进一步回调至 50 日移动平均线铺平道路。

Conclusion

结论

Bitcoin's rebound is supported by a combination of factors: easing outflows, favorable technicals, and improving macro fundamentals. The cryptocurrency is approaching its previous record high, signaling the potential for further upside. However, a reversal at key resistance levels could lead to a deeper pullback.

比特币的反弹受到多种因素的支持：资金流出放缓、有利的技术面和宏观基本面的改善。该加密货币正在接近之前的历史新高，表明有进一步上涨的潜力。然而，关键阻力位的逆转可能会导致更深层次的回调。