Bitcoin Price Tests Crucial Level, ETF Inflows Surge

比特幣價格測試關鍵水平，ETF資金流入激增

Bitcoin is currently evaluating the 200-day simple moving average (SMA), a critical threshold for confirming its bullish trend. Historically, failing to regain this level has triggered corrections, as evidenced in 2020, 2018, and 2014.

比特幣目前正在評估 200 天簡單移動平均線（SMA），這是確認其看漲趨勢的關鍵門檻。從歷史上看，未能恢復這一水準就會引發調整，2020 年、2018 年和 2014 年就證明了這一點。

ETF Influx Signals Investor Optimism

ETF 湧入表明投資者樂觀

Bitcoin ETFs have witnessed significant inflows, with $158 million entering Bitcoin and $5.2 million flowing into Ethereum on September 19, 2024. These inflows reflect increased investor interest, following a 0.5% interest rate reduction by the Federal Reserve.

比特幣 ETF 出現了大量資金流入，2024 年 9 月 19 日，有 1.58 億美元流入比特幣，520 萬美元流入以太坊。

Bitcoin Tests 200-Day SMA

比特幣測試 200 天 SMA

Crypto analyst Ali highlights Bitcoin's retest of the 200-day SMA, a key indicator for establishing a sustained uptrend. Ali cautions that previous failures to maintain this level have often led to corrections, making this a crucial area to observe. A rejection here could indicate potential challenges for Bitcoin.

加密貨幣分析師阿里強調了比特幣對 200 日移動平均線的重新測試，這是建立持續上升趨勢的關鍵指標。阿里警告說，之前未能維持這一水平往往會導致修正，因此這是一個值得觀察的關鍵領域。這裡的拒絕可能表明比特幣面臨潛在的挑戰。

SMA Impact on Bitcoin's Price

SMA 對比特幣價格的影響

The 200-day SMA serves as a long-term indicator; breaking above it could fuel further positive momentum. However, if Bitcoin falls below this level, it may face further losses.

200日移動平均線作為長期指標；突破該水平可能會推動進一步的積極勢頭。然而，如果比特幣跌破這一水平，它可能會面臨進一步的損失。

ETF Inflows for Bitcoin and Ethereum

比特幣和以太坊 ETF 流入

Spot On Chain reports inflows of $158 million into Bitcoin ETFs and $5.2 million into Ethereum ETFs. These inflows have contributed to positive net flows for both assets, supported by the Federal Reserve's interest rate cut.

Spot On Chain 報告稱，比特幣 ETF 流入 1.58 億美元，以太坊 ETF 流入 520 萬美元。在聯準會降息的支持下，這些資金流入為這兩種資產帶來了正淨流量。

Institutional Interest Grows

機構興趣增長

The inflows demonstrate increased institutional interest in Bitcoin and Ethereum, bolstering their position in the market. The absence of outflows suggests investor confidence, particularly in light of recent economic policy changes.

資金流入顯示機構對比特幣和以太坊的興趣增加，鞏固了它們在市場中的地位。沒有資金外流顯示投資者信心十足，特別是考慮到最近的經濟政策變化。

Bitcoin's Price Action

比特幣的價格走勢

At the time of writing, Bitcoin's price had reached $63,646.37, supported by a daily trading volume exceeding $43 billion. The price has appreciated by approximately 10% over the past seven days, indicating a robust market recovery. Ethereum has also experienced inflows, solidifying its position as a leading altcoin.

截至撰寫本文時，比特幣價格已達 63,646.37 美元，每日交易量超過 430 億美元。過去7天內價格上漲了約10%，顯示市場強勁復甦。以太坊也經歷了資金流入，鞏固了其作為領先山寨幣的地位。

Analyst's Outlook

分析師展望

Analyst Ali cautions that Bitcoin's price remains at a critical juncture. A failure to hold above the 200-day SMA may trigger a correction, making the coming days pivotal for Bitcoin's price trajectory.

分析師阿里警告說，比特幣的價格仍處於關鍵時刻。如果未能守住 200 日移動平均線，可能會引發調整，從而使未來幾天對比特幣的價格軌跡至關重要。