比特幣（BTC）鞏固鏈指標，表明潛在的看漲移動

幾個月前，比特幣（BTC）在達到109000美元的歷史高處後繼續合併。儘管最近的價格更正了，但鏈上的市場數據表明，結構性供應短缺可能正在出現，從而在未來幾天或幾週內產生了另一種看漲價格轉移的可能性。

Bitcoin (BTC) has been consolidating after reaching a new all-time high (ATH) of nearly $109,000 several months ago.

幾個月前，比特幣（BTC）達到了近109,000美元的歷史新高（ATH）後，一直在合併。

However, despite the recent price corrections, on-chain market data indicates that a structural supply shortage may be emerging, setting the stage for another bullish move by Bitcoin in the coming days or weeks.

但是，儘管最近進行了價格糾正，但鏈上的市場數據表明，結構性供應短缺可能正在出現，為未來幾天或幾週內比特幣的另一種看漲行動奠定了基礎。

Declining Bitcoin Inflows Point to Reduced Selling Pressure

比特幣流入下降指向銷售壓力降低

Market analysts are observing a reduction in Bitcoin inflows onto exchanges, which could be a critical factor in mitigating selling pressure.

市場分析師正在觀察到比特幣流入到交易所的減少，這可能是減輕銷售壓力的關鍵因素。

CryptoQuant’s author Axel Adler highlighted that average Bitcoin selling pressure across major exchanges has decreased.

CryptoQuant的作者Axel Adler強調，在主要交易所進行的平均比特幣銷售壓力正在下降。

According to Adler, daily Bitcoin inflows have dropped from a peak of 81,000 BTC per day to just 29,000 BTC, indicating that fewer investors are transferring Bitcoin to platforms where it can be sold.

根據阿德勒的說法，每日比特幣流入從每天81,000 BTC的峰值下降到只有29,000 BTC，這表明較少的投資者將比特幣轉移到可以出售的平台。

This reduction in inflows suggests that there is less immediate selling pressure in the market, which could create conditions for price stabilization or even a potential recovery.

流入的減少表明，市場上立即銷售壓力較小，這可能會為價格穩定甚至潛在的恢復帶來條件。

As most sellers appear to have exited at recent price highs and current buyers appear to be accumulating or holding within the consolidation range, this situation is entering a “zone of asymmetric demand.”

由於大多數賣家似乎以最近的價格退出，目前的買家似乎在整合範圍內積累或持有，這種情況正在進入“不對稱需求區域”。

Support Levels and Potential Price Surge

支持水平和潛在價格上漲

Adler also noted that certain critical support levels could help Bitcoin stay above key thresholds, potentially pushing its price back above $90,000.

阿德勒還指出，某些關鍵支持水平可以幫助比特幣保持在關鍵閾值之上，從而將其價格推遲到90,000美元以上。

While the April-May timeframe may remain a period of consolidation, analysts are hopeful that the market could see a strong upward impulse once Bitcoin breaks out of its current range.

儘管4月至5月的時間表可能仍然是一段合併時期，但分析師希望一旦比特幣突破了當前的範圍，市場就可以看到強烈的向上沖動。

Historically, significant exchange inflows have coincided with sharp price drops, while decreasing inflows often signal periods of price stabilization or recovery.

從歷史上看，大量的交換流入與急劇的價格下降相吻合，同時減少流入通常信號的價格穩定或恢復。