美國的交流扭轉了他們的比特幣量優勢

鏈上數據顯示，基於美國的交易所在其比特幣體積的統治地位上有逆轉。這是這種趨勢上次導致的。

New on-chain data from CryptoQuant has shown that there has been a recent reversal in the US vs. Off-Shore Ratio, which measures the volume of Bitcoin trades on American platforms relative to foreign ones.

來自CryptoQuant的新鏈上數據表明，美國最近發生了逆轉與近地區的逆轉，該比例衡量了美國平台上相對於外國平台上的比特幣交易量。

The 'US vs. Off-Shore Ratio' is a metric that compares the volume of Bitcoin trades on U.S.-based exchanges to those on off-shore platforms. A reading above 1 indicates that the American platforms are engaging in more volume, while a reading below 1 suggests that the foreign platforms are seeing a higher amount of trading activity.

“美國與近岸比率”是一個指標，將基於美國交易所的比特幣交易的數量與離岸平台上的比特幣交易的數量進行了比較。上面的讀數表明，美國平台正在參與更多的數量，而1讀的讀數表明，外國平台的交易活動數量更高。

Recently, this indicator has seen a reversal, according to CryptoQuant analyst Axel Adler Jr. In a post on X, the analyst pointed out that the ratio has been increasing since the start of 2023, and it broke above the 1 level in January.

最近，根據CryptoQuant分析師Axel Adler Jr.的說法，該指標已經逆轉了。在X上的一篇文章中，分析師指出，自2023年初以來，該比率一直在增加，並且在一月份的一月份以上是1級。

This signaled a return to dominance from the U.S.-based exchanges, which had lost the edge in late 2022. The indicator continued the trend from last year and observed a further rise to an even higher peak in January.

這表明，從美國的交易所中恢復了統治地位，該交易所在2022年底失去了優勢。該指標從去年開始延續了這一趨勢，並觀察到一月份的峰值進一步上升到更高的峰值。

However, since then, the indicator has seen a sharp reversal, though it is still noteworthy that even after the drop, the indicator’s value continues to be above the 1 mark. This suggests that American platforms are still the dominant ones in Bitcoin volume, albeit to a much smaller degree.

但是，從那時起，指示器就看到了急劇的逆轉，儘管仍然值得注意的是，即使在下降之後，指示器的值仍繼續高於1分。這表明美國平台仍然是比特幣體積中的主要平台，儘管程度要小得多。

The analyst also highlighted on the graph a previous instance of the indicator seeing such a reversal. This last turnaround, which came when the asset was trading around $60,000, led into a rally that took the price to new highs.

分析師還在圖上突出顯示了指示器的先前實例看到這種反轉。這最後的轉變是在資產交易約60,000美元的情況下，導致了一個將價格提高到新高點的集會。

Something that’s still missing for the indicator’s reversal at present to be confirmed is the trend in the 90-day and 365-day simple moving averages (SMAs). During the previous turnaround, the two lines observed a crossover.

目前，指標逆轉仍然缺少的是90天和365天簡單移動平均（SMA）的趨勢。在上一個周轉期間，這兩條線觀察到了交叉。

Recently, these SMAs have been approaching each other closely, so it’s possible that another crossover may be coming soon. Going by the previous trend, the increase in activity on the American exchanges could once again prove to be bullish for Bitcoin. As of now, though, the crossover hasn’t been confirmed.

最近，這些SMA一直在密切接近彼此，因此可能很快就會出現另一個跨界車。按照上一個趨勢，美國交流活動的增加可能再次證明是對比特幣的看漲。但是，到目前為止，跨界尚未得到證實。

At the time of writing, Bitcoin is trading at a price of $84,000, having risen by over 10% in the last seven days.

在撰寫本文時，比特幣的交易價格為84,000美元，在過去的七天中增長了10％以上。