比特币(BTC)涨势进入第七周,2025年或面临新一轮回调风险

Cointelegraph中文Published on 2025-08-19Last updated on 2025-08-19

Abstract

比特币已连续六周上涨,或将迎来价格发现阶段的调整——BTC价格走势会否重演历史?

要点:

比特币已经享受了六周的最新“价格发现上升趋势”——但现在需要回调。

分析显示,在之前的减半周期中,比特币价格往往在五到七周后停止其第二次上升趋势。

现在的新下跌仍然可以在第四季度实现新的历史高点。

比特币(BTC)可能将在周一开启其最新一轮价格发现阶段的上涨趋势的最后一周,目前价格在12万美元下方波动。

知名交易员及分析师Rekt Capital于周日发布的新研究指出,BTC价格创新高的窗口即将关闭。

比特币触及经典“价格发现回调”区间

如果历史模式重现,比特币或将维持近期124,500美元历史新高不变。

Rekt Capital在X平台向关注牛市进展的用户更新时指出,比特币即将迎来自2024年减半后第二轮价格发现阶段的上涨趋势的第七周。

每次减半之后,牛市周期通常呈现多轮上涨,并伴随调整。比特币历史上各阶段的周期节奏大致相同。

“历史数据显示,比特币第一次价格发现阶段的上涨趋势通常在第6至第8周结束。而第二次价格发现阶段的上涨趋势则往往在第5至第7周结束。”Rekt Capital 总结道。

“第二轮价格发现阶段的上涨趋势的第7周将于明天开始。”

根据此前发布的图表,第二轮上涨趋势的潜在上行目标接近160,000美元。

“但若结合过往各周期的价格发现调整来看……分别有一次发生在第8周(2017年)、第6周(2021年),以及两次发生在第7周(2013年和2025年)。”7月的一份通讯指出。

2025年,比特币的首轮调整阶段将价格从接近110,000美元下挫至75,000美元以下——约30%的跌幅,在过往减半周期中也属常见。

第四季度BTC价格能否再创新高?

另一位交易员Daan Crypto Trades指出,8月和9月尚未出现连续上涨的情况。

但回调有望为年底更大级别的阶段性高点奠定基础。

“在多数牛市年份,我们往往会看到短暂回调后,第四季度出现强劲上涨行情。”X平台周日一则帖子称。

“接下来1-2个月内若出现更大幅度回调,反而值得欢迎,这很可能成为年末第四季度行情前的最后一次主要调整。即便没有也无碍,但我认为这同样可能提前促使更高时间周期的阶段性高点出现。”

监测机构CoinGlass数据显示,8月BTC/USD上涨2.1%,已略高于1.8%的月均水平。相比之下,9月平均跌幅达3.8%。

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