比特币的高温法：分歧，看跌压力和回调风险

比特币的调情率有史以来高潮，但鸡尾酒的鸡尾酒和出售压力提示会带来回调风险。这是制造中的公牛陷阱吗？

Bitcoin's been dancing near its all-time high, but don't get too comfy. 'Bitcoin divergence, bearish pressure, pullback risk' are flashing red, suggesting a bumpy ride ahead.

比特币一直在有史以来的高潮中跳舞，但不要太舒适。 “比特币发散，看跌压力，回调风险”正在闪烁红色，这表明前进了颠簸。

Bearish Divergences: A Warning Sign

看跌分歧：警告信号

Technical analysts are seeing bearish divergences on multiple timeframes – 15-minute, hourly, and even the 4-hour charts. This means Bitcoin's price is going up, but momentum indicators like the Relative Strength Index (RSI) are trending down. It's like the engine's revving, but the car's losing steam. This divergence suggests the recent bullish momentum might be running out of gas, increasing the risk of a near-term pullback. Zooming out to the daily chart reinforces this cautious outlook, harking back to May when a similar divergence coincided with Bitcoin's all-time high around $111,800.

技术分析师在多个时间表上看到看跌分歧 - 15分钟，每小时甚至4小时的图表。这意味着比特币的价格上涨，但是诸如相对强度指数（RSI）之类的动量指标正在下降。这就像发动机的转机，但汽车损失了蒸汽。这种分歧表明，最近的看涨势头可能会耗尽汽油，从而增加了近期回调的风险。缩小到每日图表加强了这种谨慎的前景，可以追溯到5月，当时类似的分歧与比特币的历史最高高点约111,800美元相吻合。

Sell Pressure and Liquidity Sweeps: Breakout or Fakeout?

出售压力和流动性扫描：突破还是假货？

Some traders are still eyeing a rally above $112,000, but there's increasing sell pressure around the $110,000 zone. High-taker sell volume suggests investors might be closing positions at resistance, acting as liquidity exits. Adding to the confusion, Bitcoin has been executing liquidity sweeps above resistance and below support levels, only to reverse swiftly. These fakeouts could be designed to flush out leveraged positions before a real directional move.

一些交易者仍在关注超过112,000美元的集会，但售价越来越大，售价在110,000美元左右。高压销售量表明投资者可能会在抵抗方面关闭一席之地，作为流动性退出。除了混乱外，比特币一直在执行高于阻力和支持水平以下的流动性扫描，只是为了迅速逆转。这些假货可以设计为在真实的方向移动之前冲洗杠杆位置。

Funding Rates: Are Traders Really Convinced?

资金率：交易者真的说服了吗？

Funding rates remain neutral, even with Bitcoin testing all-time high territory. This lack of aggressive long positioning suggests traders aren't entirely convinced about a sustained breakout, aligning with the bearish divergences. It's like everyone's at the party, but no one's really cutting loose on the dance floor.

即使比特币测试历史上的高领域，资金率仍然保持中立。缺乏积极的长期定位表明，交易者并没有完全相信持续的突破，这与看跌的分歧保持一致。就像每个人都在聚会上，但没有人在舞池上真正放松。

The $110,000 Question: Bull Trap or Bear Trap?

$ 110,000的问题：牛陷阱还是熊陷阱？

As Bitcoin consolidates just below $110,000, the big question is whether this rally is a bull trap or a bear trap. Market order books are reflecting increased sell pressure, which is a typical sign of rejection zones drawing liquidity for exits, this is reinforced by US Non-Farm Payroll (NFP) data coming in hotter than expected, helping push BTC toward $110,000, bulls failed to maintain that breakout.

随着比特币的合并仅低于110,000美元，最大的问题是该集会是牛陷阱还是熊陷阱。市场订单账簿反映了销售压力的增加，这是拒绝区域吸引流动性的典型迹象，这是由美国非农场工资（NFP）数据加强的，比预期的要高，这有助于将BTC推向110,000美元，公牛未能维持这一突破。

Personal Take: Proceed with Caution

个人拍摄：谨慎行事

While the allure of new all-time highs is strong, the confluence of bearish divergences, increasing sell pressure, and neutral funding rates suggests caution is warranted. It wouldn't be surprising to see a pullback to the $107,500-$106,000 range before any sustained breakout attempt. Remember, hope is not a strategy, especially in the wild world of crypto.

尽管新的历史最高高点的魅力很强，但看跌分歧，销售压力增加以及中立的资金率的汇合表明，请务必谨慎。在任何持续的突破尝试之前，看到$ 107,500- $ 106,000的范围的回调毫不奇怪。请记住，希望不是一项策略，尤其是在加密世界的野生世界中。

So, keep your eyes peeled, your stop-losses tight, and remember, even in the world of Bitcoin, what goes up must eventually come down...at least for a little while. Happy trading, y'all!

因此，请保持眼睛剥落，紧紧锻炼的停止损失，即使在比特币的世界中，最终都必须下降……至少一会儿。祝大家交易快乐！