3 Bearish Factors That Could Drag Bitcoin Below $90,000
3 Bearish Factors That Could Drag Bitcoin Below $90,000
According to Sherpa, absorption of the sell-off isn't assured, meaning Bitcoin faces a precarious situation.Cryptocurrency analysts are expressing caution about Bitcoin's (CRYPTO: BTC) near-term price action, pointing to continued government sell-offs, market liquidity issues and the uncertainty surrounding the altcoin market as bearish factors.
数字货币分析师对比特币（CRYPTO: BTC）近期价格走势表示谨慎，指出政府持续卖出、市场流动性问题以及对山寨币市场的不确定性是看淡因素。
What Happened: Pseudonymous analyst Altcoin Sherpa indicated lack of buying pressure, cautioning about selling pressure due to the government's ongoing Bitcoin liquidation.
发生了什么：匿名分析师Altcoin Sherpa指出缺乏买入压力，警告因政府持续比特币清算而产生的卖出压力。
He also warned that overleveraged traders could face substantial losses if Bitcoin drops below the $90,000 level, leading to potential wicks down to the mid-low $80,000s in specific scenarios.
他还警告说，如果比特币跌破90,000美元水平，过度杠杆交易者可能会面临巨额亏损，特定情况下可能导致价格回落至80,000美元中低位。
According to Sherpa, absorption of the sell-off isn't assured, meaning Bitcoin faces a precarious situation.
据Sherpa所述，吸收卖出并不保证，这意味着比特币面临严峻形势。
Analyst Kevin supported Sherpa's analysis, pointing out that the monthly liquidity heat map shows a significant amount of long liquidity cleared out.
分析师Kevin支持Sherpa的分析，指出月度流动性热力图显示出大量的长仓流动性被清除。
Still, there remains a "pretty heavy block of liquidity" down to the $89,000-$90,000 level, with the potential for a solid bounce if those levels are reached.
不过，在89,000到90,000美元水平下仍存在"相当大的流动性区块"，如果达到这些水平，可能会出现强劲的反弹。
Kevin highlighted a critical test for the altcoin market, suggesting that the total market cap of altcoins is currently testing its daily super trend and 100-day exponential moving average on the daily timeframe for the second time in a month.
Kevin强调了山寨币市场的关键考验，建议当前山寨币的总市值正在测试日常超级趋势和100日指数移动平均线，这是一个月内第二次测试。
According to Kevin, if history is any indication, losing this support level during a bull market often leads to significant drawdowns, which makes this area incredibly important for the market's health.
据Kevin所述，如果历史有何指示，在牛市期间失去这一支持位往往会导致显著的回撤，这使该区域对市场健康至关重要。
He also noted that the current moment will determine if the cryptocurrency market still operates in a cyclical nature, or if past performance was influenced solely by loose monetary policy.
他还指出，当前时刻将判断数字货币市场是否仍然以周期性方式运作，或者过去的表现是否仅受宽松货币政策的影响。
Also Read: Bitcoin Silk Road Sales Would Affect Leverage Traders More Than Holders, Analyst Argues
另请阅读：分析师认为，比特币丝绸之路的销售将对杠杆交易者影响更大，而非持有者。
Why It Matters: Both experts are raising serious concerns about the immediate future of the market, with potential for heavy losses for the highly leveraged traders, and also major drawdowns in the altcoin market if critical support levels break.
为什么这很重要：两位专家对市场的近期未来提出严重担忧，如果关键压力位破裂，杠杆交易者可能面临巨额损失，并且替代币市场也可能出现重大回撤。
At the time of writing, Bitcoin is trading down about 0.2% over the last 24 hours at $94,220.
截至撰写时，比特币在过去24小时内下跌约0.2%，目前价格为94,220美元。
Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows
比特币、以太坊 ETF 资金流出74200万美元，报告显示2025年供应冲击不太可能。
