比特币于2025年11月进入熊市场,到2026年初,比特币从高峰跌至88,543美元,跌幅达55%,预计底值为56K-60K美元。 Bitcoin entered a bear market in Nov. 2025, dropping 55% from its peak to $88,543 by early 2026, with a projected bottom of $56K–$60K.

Bitcoin可能于2025年11月进入熊市, 因为根据Crypto Quant的Julio Moreno, Bitcoin的价格跌至低于一年移动平均数。 Bitcoin may have entered a bear market in November 2025, as its price dropped below the one-year moving average, according to CryptoQuant’s Julio Moreno. Bitcoin在10月达到126 080美元的峰值后,到2026年初交易了约88 543美元,比其峰值下降了55%。 After peaking at $126,080 in October, Bitcoin traded around $88,543 by early 2026, marking a 55% decline from its peak. 莫雷诺根据比特币的实际价格预测,潜在的底值在56,000美元至60,000美元之间。 Moreno predicts a potential bottom between $56,000 and $60,000, based on Bitcoin’s realized price. 他指出,衰退不如过去熊市场那么严重,将相对稳定归因于通过环境信托基金的有力机构参与,生态系统更具复原力,而且没有像2022年那样发生重大的加密崩溃。 He notes the downturn is less severe than past bear markets, attributing the relative stability to strong institutional involvement via ETFs, a more resilient ecosystem, and no major crypto collapses like in 2022.