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.

比特币的复苏似乎在 70,000 美元大关附近徘徊，但乐观的是，多头维持对空头的立场。 Acheron Trading 首席执行官 Laurent Benayoun 对当前牛市的潜力持乐观态度，预计牛市价格可能会达到 120,000 美元至 180,000 美元之间的峰值。这种乐观情绪得到了比特币交易所交易基金的出现、预期的比特币减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 首席投资官 Matthew Hougan 呼应了这种积极情绪，在一份备忘录中建议投资专家保持冷静并采取长期观点。 Hougan 认为，全球财富管理机构投资组合中仅仅 1% 的比特币配置就可能导致约 1 万亿美元的大量资本涌入市场。

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.

尽管有多种因素可能推动比特币在 2024 年第二季度的上涨轨迹，但交易实体 QCP Capital 警告称，近期趋势似乎正在失去动力，可能使多头难以维持涨势。

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.

由于比特币减半事件现在还需要等待几天，比特币和其他加密货币是否会很快面临回调，还是会继续上涨？为了确定这一点，我们将深入研究前 5 种加密货币的图表的技术分析。

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.

比特币（BTC）价格分析比特币最近在 71,748 美元至 68,557 美元之间小幅波动，表明买家和卖家之间存在僵局。交易者之间为验证比特币的明确价格趋势展开了激烈的斗争。

BTC/USD Chart On TradingView

TradingView 上的 BTC/USD 图表

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，接近峰值价格的如此窄幅波动被视为一个积极指标，表明买家正在维持其头寸，而不是迅速抛售。这种情绪得到 70,100 美元的 20 天指数移动平均线 (EMA) 的中性趋势和中线附近的相对强弱指数 (RSI) 的支撑，暗示市场处于平衡状态。

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 货币对突破 7.17 万美元至 7.4 万美元的阻力区，可能会引发价格飙升至 80,000 美元大关。

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，如果价格低迷至低于 20 日均线，则表明买家正在获利了结，这可能导致该货币对跌向 50 日简单移动平均线 (SMA)，并跌破 6.3 万美元的上升趋势线。

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) 价格分析 在 3.3 美元的 61.8% 斐波那契回撤位附近徘徊数日后，JTO 最终飙升并突破了直接阻力通道。截至撰写本文时，JTO 价格交易价格为 4.4 美元，在过去 24 小时内飙升超过 34.5%。

JTO/USD Chart On TradingView

TradingView 上的 JTO/USD 图表

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.

如果价格保持在 4.5 美元以上，JTO/USDT 货币对可能会瞄准下一个阻力位 5 美元。虽然这可能会带来挑战，但突破可能标志着另一个上涨阶段的开始，新的 ATH 即将升至 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.

空头的窗口正在关闭。为了实现复苏，他们必须大力保护 5 美元大关，并将该货币对拉至 3.6 美元的 20 日均线下方。这可能会导致价格大幅下跌至 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) 价格分析AXL 价格连续几天徘徊在 2 美元的 20 天指数移动平均线 (EMA) 附近，表明其下一步行动犹豫不决。尽管多次尝试看跌，多头仍成功将价格维持在均线趋势线上方。截至撰写本文时，AXL 价格交易价格为 2.06 美元，在过去 24 小时内飙升超过 0.74%。

AXL/USD Chart On TradingView

TradingView 上的 AXL/USD 图表

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.

如果价格跌破 20 日均线，AXL/USDT 货币对可能会跌向上升趋势线，这是买家必须坚持的关键时刻。跌破这一水平可能会使卖家的势头转向卖家，从而有可能将价格推低至 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 日均线与位于中心附近的相对强弱指数 (RSI) 相结合，反映了卖家和买家之间的平衡。如果买家设法将价格推高至 2.2 美元以上，则天平可能会对他们有利，从而可能引发价格飙升至 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) 价格预测Solana 在下降趋势线上遇到阻力，表明卖家正试图重新获得控制权。尽管多头试图将价格推至支撑通道附近的上升趋势线以下，但买家正在捍卫价格下跌。截至撰写本文时，SOL 价格交易价格为 197.4 美元，在过去 24 小时内飙升超过 0.16%。

SOL/USD Chart On TradingView

TradingView 上的 SOL/USD 图表

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.

如果价格反转并跌破 20 天指数移动平均线 (EMA) 195 美元，这将改变短期势头，有利于卖家。在这种情况下，Solana 交易对可能会跌至 165 美元，并可能进一步跌至 140 美元的 50 日简单移动平均线 (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.

为了避免进一步损失，多头需要将价格推至下降趋势线之外。此后，该货币对将寻求克服 210 美元的重大阻力。实现这一目标可能标志着下一阶段上涨至 250 美元的开始。

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.

狗狗币 (DOGE) 价格分析狗狗币在其上升轨迹中经历了小幅下跌，表明投资者在接近 0.23 美元阻力位时正在获利。然而，买家通过将价格保持在 23.6% 斐波那契水平以上 0.19 美元，成功阻止了价格下跌。

DOGE/USD Chart On TradingView

TradingView 上的 DOGE/USD 图表

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.

狗狗币交易对可能会回撤至 0.19 美元的突破点。如果价格从该水平反弹，则表明买家已成功将其转变为支撑区，从而增加了飙升至 0.30 美元的机会。

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，如果价格跌破 0.19 美元，这种看涨情况就不太可能发生，可能为跌至 0.16 美元的 200 天指数移动平均线 (EMA) 铺平道路。对于多头来说维持这一水平至关重要，因为跌破该水平可能会导致该货币对跌向 0.126 美元的 50 日简单移动平均线 (SMA)。