Key Points:

要點：

* Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue.

*比特幣ETP繼續目睹可靠的購買，表明公牛希望上升趨勢繼續下去。

* Several major altcoins witnessed a pullback, but lower levels continue to attract buyers.

*幾個主要的Altcoins見證了回調，但較低的水平繼續吸引買家。

Bitcoin (BTC) is attempting to sustain above $109,588, indicating that every minor dip is being bought. The crypto has risen for seven consecutive weeks, and if buyers can extend the streak to eight weeks, it clears the path for further upside.

比特幣（BTC）試圖維持超過$ 109,588，這表明正在購買每個小額蘸醬。加密貨幣已經連續七個星期升起，如果買家可以將連勝紀錄擴展到八週，則可以清除進一步上升的道路。

Crypto analyst and trader Carpe Noctom said in a post on X that Bitcoin has only seen three instances of eight consecutive weekly positive closes, and every time, Bitcoin has been higher in the following 6 and 12 month time period.

加密分析師和交易員Carpe Noctom在X上的一篇文章中說，比特幣只看到了三個連續八次的每周正面關閉的實例，並且每次比特幣在接下來的6個月和12個月的時間段內都會更高。

3 times in history, #Bitcoin has closed 8 weeks straight in the green

歷史上有3次，#bitcoin連續綠色連續8週關閉

Every time, BTC was higher 6 months & 12 months later

每次，BTC在6個月零12個月後都更高

Currently, we are 7 weeks into the streak as price holds above $109k

目前，我們的連勝紀錄已有7週，因為價格售價超過$ 109K

Either a new all-time high is coming, or this bull market is weaker than advertised pic.twitter.com/3nY9Y9zL5v

要么有歷史新高的高潮即將到來，要么這個牛市比廣告pic.twitter.com/3ny9y9zl5v要弱

— CarpeNoctom (@CarpeNoctom) May 25, 2024

- carpenoctom（@carpenoctom）2024年5月25日

Bitcoin ETPs have seen strong inflows in recent times, suggesting that institutional investors are sensing a long-term opportunity.

比特幣ETP近來已經看到了大量的流入，這表明機構投資者正在感知長期機會。

CoinShares reported that Bitcoin ETPs saw inflows of €2.9 billion last week, which is a quarter of the total inflows for 2024. The outflows from Bitcoin ETPs in 2023 totaled €10.9 billion.

Coinshares報告說，比特幣ETP上週的流入為29億歐元，是2024年總流入的四分之一。 2023年，比特幣ETP的流出總計為109億歐元。

Most analysts are bullish on Bitcoin in the long term, but one CryptoQuant contributor thinks that the data shows buyer exhaustion and increasing volatility, which could start a short-term correction toward $105,000.

從長遠來看，大多數分析師都對比特幣看漲，但是一位加密貢獻者認為，數據表明買家的疲憊和波動性的增加，這可能會開始短期更正至105,000美元。

CryptoQuant contributor Crazzyblockk wrote in a QuickTake blog post that the Bitcoin price could be headed for a 10% to 15% correction in the short term.

Crazzyblockk的Crazzyblockk在QuickTake博客文章中寫道，比特幣價格在短期內可以進行10％至15％的糾正。

The post noted that the Bitcoin price has faced strong resistance around the $110,000 mark, leading to a slight decrease in buying pressure as buyers become exhausted.

該帖子指出，比特幣價格在110,000美元的大關左右面臨著強烈的阻力，隨著買家的疲憊，購買壓力略有下降。

This is evident in the decreasing Relative Strength Index (RSI) values, which measure the magnitude of price variations to assess overbought or oversold conditions.

這在降低的相對強度指數（RSI）值中很明顯，該值衡量了評估過多購買或超賣條件的價格變化的幅度。

Bankless co-host and crypto analyst Ben Armstrong predicts that if Bitcoin can break through the $115,000 resistance level, it could set the stage for a surge to $130,000. However, if the price drops below the $100,000 support, it could signal a deeper decline to $70,000.

Bankless的聯合主持人和加密分析師Ben Armstrong預測，如果比特幣可以突破115,000美元的電阻水平，它可能會使持續增長至130,000美元。但是，如果價格下降到100,000美元的支持以下，則可能表明將更深的下降至70,000美元。

"We're going to be watching that $115k level with everything. If we can get above $115k, I think we're going to $130k," Armstrong stated in a recent video.

阿姆斯特朗在最近的一段視頻中說：“我們將在所有一切中都看著$ 115K的水平。如果我們可以獲得超過$ 115K的價格，我認為我們將達到13萬美元。”

"If we break down $100k, I think we're going to $70k. But if we're going to go lower, I think we're going to get a brief touch of $90k on the way down."

“如果我們分價為10萬美元，我認為我們要售價7萬美元。但是，如果我們要降低，我認為我們將在下跌期間短暫地獲得9萬美元的價格。”

According to Armstrong, the Bitcoin price is currently facing resistance at the Fib level, which could lead to increased volatility and a potential 10% to 15% correction.

根據阿姆斯特朗（Armstrong）的說法，比特幣價格目前在FIB水平上面臨阻力，這可能導致波動性增加，潛在的10％至15％的糾正範圍。

"It's going to be a hotly contested level. We're going to see a lot of volatility in the next few weeks as we approach that Fib level. I think we could see Bitcoin correct anywhere from 10% to 15%."

“這將是一個激烈的競爭水平。當我們接近該纖維水平時，我們將在接下來的幾週內看到很多波動性。我認為我們可以看到比特幣在10％到15％的範圍內糾正。”

The crypto analyst also noted that a break below the 20-week moving average (WMA) could signal a reversal of the uptrend.

這位加密分析師還指出，低於20週的移動平均線（WMA）可能會表明上升趨勢的逆轉。

"We've had seven straight weeks of green candles. If we get eight, it's game over. We're going to go lower. But if we start getting red candles and break the 20-week moving average, then we're going to see a reversal of the uptrend."

“我們已經連續七個星期的綠色蠟燭了。如果我們得到八個，那就是比賽。

On the other hand, if buyers can push the price above the Fib level and close a week above it, it could signal a continuation of the uptrend.

另一方面，如果買家可以將價格提高到纖維水平以上並在其上方關閉一周，則可能表明上升趨勢的延續。

"If we can get a weekly close above the Fib level, and we get eight weeks of green candles, then I think we're going to see a continuation of the uptrend."

“如果我們每週都能超過纖維水平，並且我們獲得了八個星期的綠色蠟燭，那麼我認為我們將看到上升趨勢的延續。”

As of writing, BTC is trading at $109,188 and remains above the crucial support level of $107,000.

截至撰寫本文時，BTC的交易價格為109,188美元，仍然高於至關重要的支持水平107,000美元。

The crypto is attempting to sustain above $109,588, indicating that every minor dip is being purchased.

該加密貨幣試圖維持超過$ 109,588，這表明正在購買每個小額蘸醬。

The bulls will have another go at the overhead resistance of $111,980,

公牛隊將以111,980美元的高架阻力又一次去