Bitcoin’s resurgence appears to falter around the $70,000 mark, yet optimistically, the bulls maintain their stance against the bears. Laurent Benayoun, CEO of Acheron Trading, is optimistic about the ongoing bull market’s potential, predicting it could peak between $120,000 and $180,000. This optimism is supported by factors including the advent of Bitcoin exchange-traded funds, the anticipated Bitcoin halving event, and a possible decrease in interest rates.

比特幣的復甦似乎在 7 萬美元大關附近徘徊，但樂觀的是，多頭維持對空頭的立場。 Acheron Trading 執行長 Laurent Benayoun 對目前牛市的潛力持樂觀態度，預計牛市價格可能會達到 12 萬美元至 18 萬美元之間的高峰。這種樂觀情緒得到了比特幣交易所交易基金的出現、預期的比特幣減半事件以及利率可能下降等因素的支持。

Echoing this positive sentiment, Matthew Hougan, the chief investment officer at Bitwise, advised investment experts in a memo to remain composed and adopt a long-term perspective. Hougan argues that a mere 1% allocation of global wealth managers’ portfolios to Bitcoin could lead to a significant capital influx of around $1 trillion into the market.

Bitwise 首席投資長 Matthew Hougan 呼應了這種積極情緒，在一份備忘錄中建議投資專家保持冷靜並採取長期觀點。 Hougan 認為，全球財富管理機構投資組合中僅 1% 的比特幣配置就可能導致約 1 兆美元的大量資本湧入市場。

Despite various factors that could potentially fuel Bitcoin’s upward trajectory in the second quarter of 2024, trading entity QCP Capital has warned that the recent trend appears to be losing momentum, potentially making it difficult for the bulls to sustain the rally.

儘管有多種因素可能推動比特幣在 2024 年第二季度的上漲軌跡，但交易實體 QCP Capital 警告稱，近期趨勢似乎正在失去動力，可能使多頭難以維持漲勢。

As the Bitcoin halving event is now a few days of waiting, will Bitcoin and other cryptocurrencies face a correction shortly, or is their upward movement set to continue? To determine this, we’ll dive into the technical analysis of the charts for the top 5 cryptocurrencies.

由於比特幣減半事件現在還需要等待幾天，比特幣和其他加密貨幣是否很快就會面臨回調，還是會繼續上漲？為了確定這一點，我們將深入研究前 5 種加密貨幣的圖表的技術分析。

Bitcoin (BTC) Price Analysis

Bitcoin has recently been fluctuating within a narrow margin between $71,748 and $68,557, indicating a standoff between buyers and sellers. There has been an intense battle between traders to validate a clear price trend for Bitcoin.

比特幣（BTC）價格分析比特幣最近在 71,748 美元至 68,557 美元之間小幅波動，顯示買家和賣家之間存在僵局。交易者之間為驗證比特幣的明確價格趨勢展開了激烈的鬥爭。

BTC/USD Chart On TradingView

TradingView 上的 BTC/USD 圖表

Typically, such a narrow range of movement near peak prices is seen as a positive indicator, suggesting that buyers are maintaining their positions rather than quickly selling off. This sentiment is supported by the neutral trend of the 20-day exponential moving average (EMA) at $70,100 and the Relative Strength Index (RSI) around the midline, hinting at an equilibrium in the market.

通常，接近高峰價格的如此窄幅波動被視為一個積極指標，表明買家正在維持其頭寸，而不是迅速拋售。這種情緒得到 70,100 美元的 20 天指數移動平均線 (EMA) 的中性趨勢和中線附近的相對強弱指數 (RSI) 的支撐，暗示市場處於平衡狀態。

Should the BTC/USDT pair break through the resistance zone ranging from $71.7K to $74K, it could potentially trigger a surge towards the $80,000 mark.

如果 BTC/USDT 貨幣對突破 7.17 萬美元至 7.4 萬美元的阻力區，可能會引發價格飆升至 8 萬美元大關。

Conversely, a downturn that pushes the price below the 20-day EMA would suggest that buyers are taking profits, potentially leading the pair to drop towards the 50-day simple moving average (SMA) and below the uptrend line at $63K.

相反，如果價格低迷至低於 20 日均線，則表示買家正在獲利了結，這可能導致該貨幣對跌向 50 日簡單移動平均線 (SMA)，並跌破 6.3 萬美元的上升趨勢線。

Jito (JTO) Price Analysis

After hovering around the 61.8% Fibonacci retracement mark at $3.3 for several days, JTO finally surged upward and broke through immediate resistance channels. As of writing, JTO price trades at $4.4, surging over 34.5% in the last 24 hours.

Jito (JTO) 價格分析 在 3.3 美元的 61.8% 斐波那契回撤位附近徘徊數日後，JTO 最終飆升並突破了直接阻力通道。截至撰寫本文時，JTO 價格交易價格為 4.4 美元，在過去 24 小時內飆升超過 34.5%。

JTO/USD Chart On TradingView

TradingView 上的 JTO/USD 圖表

Should the price remain above $4.5, the JTO/USDT pair may aim for the next resistance at $5. While this might pose a challenge, a breakthrough could signal the beginning of another upward phase towards new ATH toward $6.

如果價格保持在 4.5 美元以上，JTO/USDT 貨幣對可能會瞄準下一個阻力位 5 美元。雖然這可能會帶來挑戰，但突破可能標誌著另一個上漲階段的開始，新的 ATH 即將升至 6 美元。

The window for the bears is closing. To stage a recovery, they must vigorously protect the $5 mark and pull the pair beneath the 20-day EMA of $3.6. This could trigger a significant drop to $3.

空頭的視窗正在關閉。為了實現復甦，他們必須大力保護 5 美元大關，並將貨幣對拉至 3.6 美元的 20 日均線下方。這可能會導致價格大幅下跌至 3 美元。

Axelar (AXL) Price Analysis

AXL price has hovered around the 20-day Exponential Moving Average (EMA) priced at $2 for several days, signaling indecision regarding its next move. Despite multiple bearish attempts, bulls have been successful in maintaining the price above EMA trend lines. As of writing, AXL price trades at $2.06, surging over 0.74% in the last 24 hours.

Axelar (AXL) 價格分析AXL 價格連續幾天徘徊在 2 美元的 20 天指數移動平均線 (EMA) 附近，表明其下一步行動猶豫不決。儘管多次嘗試看跌，多頭仍成功將價格維持在均線趨勢線上方。截至撰寫本文時，AXL 價格交易價格為 2.06 美元，在過去 24 小時內飆升超過 0.74%。

AXL/USD Chart On TradingView

TradingView 上的 AXL/USD 圖表

Should the price drop below the 20-day EMA, the AXL/USDT pair might decline towards the uptrend line, a critical juncture for buyers to uphold. A fall below this level may shift the momentum towards sellers, potentially driving the price down to $1.5.

如果價格跌破 20 日均線，AXL/USDT 貨幣對可能會跌向上升趨勢線，這是買家必須堅持的關鍵時刻。跌破這一水平可能會使賣家的勢頭轉向賣家，從而有可能將價格推低至 1.5 美元。

The nearly horizontal 20-day EMA combined with the Relative Strength Index (RSI) positioned near the center reflects an equilibrium between sellers and buyers. If buyers manage to push the price above $2.2, it could tilt the scales in their favor, potentially initiating a surge towards the significant resistance level at $2.6.

接近水平的 20 日均線與位於中心附近的相對強弱指數 (RSI) 相結合，反映了賣家和買家之間的平衡。如果買家設法將價格推高至 2.2 美元以上，則天平可能會對他們有利，從而可能引發價格飆升至 2.6 美元的重要阻力位。

Solana (SOL) Price Prediction

Solana is encountering resistance along the declining trend line, indicating that sellers are attempting to regain control. Though bulls are attempting to send the price below the uptrend line near the support channel, buyers are defending a drop. As of writing, SOL price trades at $197.4, surging over 0.16% in the last 24 hours.

Solana (SOL) 價格預測Solana 在下降趨勢線上遇到阻力，表明賣家正試圖重新獲得控制權。儘管多頭試圖將價格推至支撐通道附近的上升趨勢線以下，但買家正在捍衛價格下跌。截至撰寫本文時，SOL 價格交易價格為 197.4 美元，在過去 24 小時內飆升超過 0.16%。

SOL/USD Chart On TradingView

TradingView 上的 SOL/USD 圖表

Should the price reverse and drop beneath the 20-day exponential moving average (EMA) at $195, this would shift the short-term momentum to favor the sellers. In this scenario, the Solana trading pair might decline to $165, and possibly further to the 50-day simple moving average (SMA) at $140.

如果價格反轉並跌破 20 天指數移動平均線 (EMA) 195 美元，這將改變短期勢頭，有利於賣家。在這種情況下，Solana 交易對可能會跌至 165 美元，並可能進一步跌至 140 美元的 50 天簡單移動平均線 (SMA)。

For the bulls to avert further losses, they need to send the price beyond the declining trend line. Following this, the pair would seek to overcome the substantial resistance at $210. Achieving this could mark the beginning of the next upward phase towards $250.

為了避免進一步損失，多頭需要將價格推至下降趨勢線之外。此後，該貨幣對將尋求克服 210 美元的重大阻力。實現這一目標可能標誌著下一階段上漲至 250 美元的開始。

Dogecoin (DOGE) Price Analysis

Dogecoin has experienced a slight decline within its upward trajectory, indicating that investors are securing profits as it approaches the resistance level at $0.23. However, buyers have successfully prevented a drop by holding the price above the 23.6% Fib level at $0.19.

狗狗幣 (DOGE) 價格分析狗狗幣在其上升軌跡中經歷了小幅下跌，表明投資者在接近 0.23 美元阻力位時正在獲利。然而，買家透過將價格保持在 23.6% 斐波那契水平以上 0.19 美元，成功阻止了價格下跌。

DOGE/USD Chart On TradingView

TradingView 上的 DOGE/USD 圖表

The Dogecoin trading pair might see a retracement to its breakout point of $0.19. Should the price bounce back from this level, it would demonstrate that buyers have successfully transformed it into a support zone, enhancing the chances for a surge to $0.30.

狗狗幣交易對可能會回撤至 0.19 美元的突破點。如果價格從該水平反彈，則表示買家已成功將其轉變為支撐區，從而增加了飆升至 0.30 美元的機會。

However, this bullish scenario becomes less likely if the price falls below $0.19, potentially paving the way for a decrease to the 200-day exponential moving average (EMA) at $0.16. This level is crucial for the bulls to maintain, as a drop below it could lead the pair towards the 50-day simple moving average (SMA) at $0.126.

然而，如果價格跌破 0.19 美元，這種看漲情況就不太可能發生，可能為跌至 0.16 美元的 200 天指數移動平均線 (EMA) 鋪平道路。對於多頭來說維持這一水平至關重要，因為跌破該水平可能會導致該貨幣對跌向 0.126 美元的 50 天簡單移動平均線 (SMA)。