Odaily星球日报讯 Bitfinex 在分析报告中指出，比特币在复苏前经历了本周期最大的回调，上周比特币出现强势反弹，此次反弹使 BTC 重新站上关键的 60,000 美元水平，此前 8 月，BTC 经历了大幅抛售，价格从周期高点和历史高点 73,666 美元下跌了 33.32%。这是本周期的最大跌幅。链上指标也凸显了抛售的强度。短期持有人实现价格（STH 成本基础）反映了近期买家的平均购买价格，目前为 64,860 美元。

Bitfinex：比特币在复苏前经历本周期最大的回调

Odaily Odaily News Bitfinex pointed out in its analysis report that Bitcoin experienced the biggest correction in this cycle before recovery. Bitcoin rebounded strongly last week, and this rebound allowed BTC to return to the key $60,000 level. Previously, in August, BTC experienced a sharp sell-off, and the price fell 33.32% from the cycle high and the historical high of $73,666. This is the biggest drop in this cycle. On-chain indicators also highlight the intensity of the sell-off. The short-term holder realized price (STH cost basis) reflects the average purchase price of recent buyers, which is currently $64,860.

Bitfinex: Bitcoin experienced the largest correction of the current cycle before the recovery.

According to the trading platform Megabit, in the recent few hours, the price of Bitcoin has fluctuated downward, currently falling below $58,000 and rebounding slightly, temporarily reported at $58,092, with a 24-hour decline of nearly 5%. Megabit Research Institute analyst stated that on August 6th, the global financial market experienced violent fluctuations, Bitcoin was oversold to $49,000 and then rebounded quickly, and fluctuated in the $60,000 range, but did not break through the pressure zone above $63,000, and demand for correction appeared, but the possibility of a sharp drop in the short term is not high, and it may fluctuate and consolidate in the $55,000-$56,000 range, and then choose a direction again. Although the voices of economic recession are endless, in the long run, Bitcoin can serve as a "safe-haven asset", while Altcoins will be severely affected by the decline in liquidity and risk appetite, so investors may be more inclined to transfer funds from high-risk assets such as low-market-value cryptocurrencies to safer investments.

Megabit analyst: Bitcoin has experienced short-term correction in demand, and may fluctuate and consolidate, but it is still a "safe-haven asset" in the long run.

According to the market analysis by 10x Research, explaining trends is particularly challenging at critical moments in the economy and financial markets, as old narratives are questioned and new ones are gradually forming. During this period, traders and investors must closely monitor market signals. It is crucial to recognize that the market often focuses on a mainstream narrative before shifting attention to the next topic. Understanding this dynamic is essential for effectively following the market transformation.

After the sale of BTC in Germany at the end of June, the market's concerns shifted to the impending compensation of Mt.Gox in early July. With the attack on Trump and his subsequent choice of Bitcoin holder JD Vance as the vice presidential candidate, the story took a dramatic turn. As Trump's chances of being elected surged to 70%, Bitcoin's price was closely linked to these political developments. However, this momentum was abruptly halted when President Biden announced on July 21 that he would not run for president in 2025.

Following the discussion of Bitcoin strategic reserves, Bitcoin once again broke through the $70,000 mark, raising high expectations for Trump's speech at the Nashville Bitcoin conference. Unfortunately, the speech did not live up to the hype. When the US government transferred $2 billion worth of Bitcoin, the Bitcoin rally came to an end. The trading range of $60,000 to $70,000 has remained stable, but a significant shift in this range is imminent.

10x Research: Bitcoin may see a major change in the trading range of $60,000 to $70,000.

According to OKX market data, BTC has broken through 59000 USDT, currently trading at 59239 USDT, with a 24H decline narrowing to 2.86%.