<p><strong>要点：</strong></p>
<ul>
<li>比特币市场分析显示，预计在周末收盘前将向 $114,000 逼近。</li>
<li>交易者看好下周比特币价格反弹。</li>
<li>尽管发生了 $190 亿的清算潮，比特币牛市上升趋势仍然可以保持不变。</li>
</ul>
<p>比特币在周日的周蜡烛收盘时集中在 $112,000，交易者希望比特币价格能有所回升。</p>
<p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-6bd0dc372e45863b5023eef303ec1729-resized.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-6bd0dc372e45863b5023eef303ec1729-resized.jpeg"/></p>
<p><strong>比特币清算 “钓鱼” 即将到来</strong></p>
<p>来自 Cointelegraph Markets Pro 和 TradingView 的数据显示，在 $190 亿加密货币清算事件的冲击后，市场波动性有所减缓。</p>
<p>未能实现重大反弹，但市场参与者认为下周将表现更强劲。</p>
<p>“可以看到在周初/期货开盘时有反弹的可能，” 交易者 Skew 在他最新的 X 评论中写道。</p>
<p>“从宏观背景来看，这两者总是带来重要的资金流入。加上目前市场流动性较低，因此在做多替代币时要小心保证金头寸。”</p>
<p>另一位交易者 HTL-NL 暗示，尽管市场仍然不可预测，但严重崩盘的风险较低。</p>
<p>“当然，你永远不知道周末收盘和下周会带来什么，尤其是传统市场几乎没有时间对特朗普的消息做出反应，” 他告诉 X 的关注者。</p>
<p>“不过，我并不太担心。一切都已经准备好进行修正，但这一切都被放大了，我们经历了一次系统崩溃。”</p>
<p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-879e7f4c7c834f360a02a0120271f9e4-resized.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-879e7f4c7c834f360a02a0120271f9e4-resized.jpeg"/></p>
<p>交易资源 TheKingfisher 关注到围绕 $114,000 区域的潜在流动性抓取，交易者在比特币上重仓做空。</p>
<p>“周末是进行 $BTC 范围清算钓鱼的时机，” 它在当天与专有市场数据一起写道。</p>
<p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-943dadc0a19b4d9ef8b3f0a5690519f4-resized.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-943dadc0a19b4d9ef8b3f0a5690519f4-resized.jpeg"/></p>
<p><strong>分析师谈比特币牛市：“看跌的事情可能会发生”</strong></p>
<p>金融研究资源 Cubic Analytics 的创始人 Caleb Franzen 更加看好。</p>
<p>在他最新的 Substack 文章中，他关注比特币与其简单（SMA）和指数（EMA）200 日移动平均线的互动。</p>
<p>“也许价格会进一步下跌，” 他辩称。</p>
<p>“类似于 2023 年 8 月至 9 月、2024 年 7 月至 9 月，以及 2025 年 2 月至 4 月发生的整合，短暂跌破 200 日均线云是完全正常的，然后再回升并继续向新高趋势发展。”</p>
<p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-a3c600781eebcf66fd0993ae93a2cc5b-resized.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-a3c600781eebcf66fd0993ae93a2cc5b-resized.jpeg"/></p>
<p>尽管如此，仍然可能在日线时间框架上形成更高的低点——Franzen 表示这将保持上升趋势的完整性。</p>
<p>“如果上升趋势只是更高高点和更低低点的产物，那么这次整合并没有使上升趋势失效，” 他补充道。</p>
<p>“虽然我们必须接受在上升趋势中可能会发生看跌的事情，正如上周所证明的那样，但同样重要的是要接受在上升趋势中看跌是一种很好的亏损和/或表现不佳的方式。”</p>
<p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-d05600f7a13993044b6d0c7b89adc777-resized.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-d05600f7a13993044b6d0c7b89adc777-resized.jpeg"/></p>
<p>本文不包含投资建议或推荐。每项投资和交易行为都涉及风险，读者在做出决策时应进行自己的研究。</p>

GBTC

<p>比特币在约 114,000 美元附近经历了一次潜在的流动性抢夺，交易者们预计价格将反弹。尽管最近发生了 190 亿美元的清算事件，分析师们认为牛市仍然保持完整。市场波动性已经减弱，预计下周表现会更强。交易者们保持谨慎，指出市场的不确定性，但认为崩盘风险较低。一些分析师认为，在继续上涨之前，可能会出现短暂跌破关键移动平均线的情况，强调维持上涨动能的高低点的重要性</p>

<p><strong>Key points:</strong></p>
<div class="lb-trans"><p><strong>要点：</strong></p>
</div><ul>
<li>Bitcoin market analysis sees a squeeze toward $114,000 in time for the weekly close.</li>
<li>Traders favor a BTC price rebound into next week.</li>
<li>The Bitcoin bull market uptrend can remain intact despite the $19 billion liquidation cascade.</li>
</ul>
<div class="lb-trans"><ul>
<li>比特币市场分析显示，预计在周末收盘前将向 $114,000 逼近。</li>
<li>交易者看好下周比特币价格反弹。</li>
<li>尽管发生了 $190 亿的清算潮，比特币牛市上升趋势仍然可以保持不变。</li>
</ul>
</div><p>Bitcoin  centered on $112,000 into Sunday’s weekly candle close as traders hoped for a BTC price comeback next.</p>
<div class="lb-trans"><p>比特币在周日的周蜡烛收盘时集中在 $112,000，交易者希望比特币价格能有所回升。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-6bd0dc372e45863b5023eef303ec1729-resized.jpeg" alt="" original-src="https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-6bd0dc372e45863b5023eef303ec1729-resized.jpeg"/></p>
<p><strong>Bitcoin liquidation “fishing” due into weekly close</strong></p>
<div class="lb-trans"><p><strong>比特币清算 “钓鱼” 即将到来</strong></p>
</div><p>Data from Cointelegraph Markets Pro and TradingView showed volatility cooling after the shock of a $19 billion crypto liquidation event.</p>
<div class="lb-trans"><p>来自 Cointelegraph Markets Pro 和 TradingView 的数据显示，在 $190 亿加密货币清算事件的冲击后，市场波动性有所减缓。</p>
</div><p>failed to deliver a major recovery, but market participants saw next week offering stronger performance.</p>
<div class="lb-trans"><p>未能实现重大反弹，但市场参与者认为下周将表现更强劲。</p>
</div><p>“Can see case of a relief bounce going into weekly open / futures open,” trader Skew wrote in his latest commentary on X.</p>
<div class="lb-trans"><p>“可以看到在周初/期货开盘时有反弹的可能，” 交易者 Skew 在他最新的 X 评论中写道。</p>
</div><p>“Both always bring important flows from the aspect of a macro backdrop as we currently have. Plus thin market atm so careful with margin positions especially in alts.”</p>
<div class="lb-trans"><p>“从宏观背景来看，这两者总是带来重要的资金流入。加上目前市场流动性较低，因此在做多替代币时要小心保证金头寸。”</p>
</div><p>Fellow trader HTL-NL hinted that while the market remained unpredictable, the risk of a serious crash was low.</p>
<div class="lb-trans"><p>另一位交易者 HTL-NL 暗示，尽管市场仍然不可预测，但严重崩盘的风险较低。</p>
</div><p>“You never know what the W close and next week will bring of course, especially since legacy barely had time to respond to Trump,” he told X followers.</p>
<div class="lb-trans"><p>“当然，你永远不知道周末收盘和下周会带来什么，尤其是传统市场几乎没有时间对特朗普的消息做出反应，” 他告诉 X 的关注者。</p>
</div><p>“However, I am not overly worried. Everything was poised for a correction anyways, but it all got amplified and we had a system break down.”</p>
<div class="lb-trans"><p>“不过，我并不太担心。一切都已经准备好进行修正，但这一切都被放大了，我们经历了一次系统崩溃。”</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-879e7f4c7c834f360a02a0120271f9e4-resized.jpeg" alt="" original-src="https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-879e7f4c7c834f360a02a0120271f9e4-resized.jpeg"/></p>
<p>Trading resource TheKingfisher eyed a potential liquidity grab centered around the $114,000 area, with traders heavily short on BTC.</p>
<div class="lb-trans"><p>交易资源 TheKingfisher 关注到围绕 $114,000 区域的潜在流动性抓取，交易者在比特币上重仓做空。</p>
</div><p>“Weekends are for $BTC range liquidations fishing,” it wrote on the day alongside proprietary market data.</p>
<div class="lb-trans"><p>“周末是进行 $BTC 范围清算钓鱼的时机，” 它在当天与专有市场数据一起写道。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-943dadc0a19b4d9ef8b3f0a5690519f4-resized.jpeg" alt="" original-src="https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-943dadc0a19b4d9ef8b3f0a5690519f4-resized.jpeg"/></p>
<p><strong>Analyst on BTC bull market: “Bearish things can happen”</strong></p>
<div class="lb-trans"><p><strong>分析师谈比特币牛市：“看跌的事情可能会发生”</strong></p>
</div><p>Caleb Franzen, creator of financial research resource Cubic Analytics, was even more bullish.</p>
<div class="lb-trans"><p>金融研究资源 Cubic Analytics 的创始人 Caleb Franzen 更加看好。</p>
</div><p>In his latest Substack post, he eyed Bitcoin’s interaction with its simple (SMA) and exponential (EMA) 200-day moving average.</p>
<div class="lb-trans"><p>在他最新的 Substack 文章中，他关注比特币与其简单（SMA）和指数（EMA）200 日移动平均线的互动。</p>
</div><p>“Maybe prices fall further from here,” he argued.</p>
<div class="lb-trans"><p>“也许价格会进一步下跌，” 他辩称。</p>
</div><p>“Similar to the consolidations that occurred in August-September 2023, July - September 2024, and February - April 2025, it would be completely normal for a brief decline below the 200-day MA cloud before a reclaim and trend continuation to new highs.”</p>
<div class="lb-trans"><p>“类似于 2023 年 8 月至 9 月、2024 年 7 月至 9 月，以及 2025 年 2 月至 4 月发生的整合，短暂跌破 200 日均线云是完全正常的，然后再回升并继续向新高趋势发展。”</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-a3c600781eebcf66fd0993ae93a2cc5b-resized.jpeg" alt="" original-src="https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-a3c600781eebcf66fd0993ae93a2cc5b-resized.jpeg"/></p>
<p>Despite that,  could still print a higher low on daily timeframes — something that Franzen said would leave the uptrend intact.</p>
<div class="lb-trans"><p>尽管如此，仍然可能在日线时间框架上形成更高的低点——Franzen 表示这将保持上升趋势的完整性。</p>
</div><p>“If uptrends are just the production of higher highs &amp; higher lows, then nothing about this consolidation has invalidated the uptrend,” he added.</p>
<div class="lb-trans"><p>“如果上升趋势只是更高高点和更低低点的产物，那么这次整合并没有使上升趋势失效，” 他补充道。</p>
</div><p>“While we must accept that bearish things can happen during uptrends, as this past week proved, it’s also vital to accept that being bearish during an uptrend is a great way to lose money and/or underperform.”</p>
<div class="lb-trans"><p>“虽然我们必须接受在上升趋势中可能会发生看跌的事情，正如上周所证明的那样，但同样重要的是要接受在上升趋势中看跌是一种很好的亏损和/或表现不佳的方式。”</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-d05600f7a13993044b6d0c7b89adc777-resized.jpeg" alt="" original-src="https://s3.tradingview.com/news/image/cointelegraph:7c2f598c3094b-d05600f7a13993044b6d0c7b89adc777-resized.jpeg"/></p>
<p>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.</p>
<div class="lb-trans"><p>本文不包含投资建议或推荐。每项投资和交易行为都涉及风险，读者在做出决策时应进行自己的研究。</p>
</div>

比特币瞄准 11.4 万美元的流动性获取，交易员押注比特币价格反弹