比特幣（BTC）進入了熊市階段，令許多投資者感到失望

CryptoQuant首席執行官Ki Young Ju表示，比特幣（BTC）進入了熊市階段，這使許多投資者感到失望。

CryptoQuant CEO Ki Young Ju has claimed that Bitcoin (BTC) has entered a bear market phase, which has disappointed many investors.

CryptoQuant首席執行官Ki Young JU聲稱比特幣（BTC）進入了熊市階段，這使許多投資者感到失望。

His analysis uses the data between Bitcoin’s Realized Cap and its market capitalization. Realized Cap measures Bitcoin’s value based on the transfer price in a wallet, while market capitalization is calculated by multiplying the circulating supply of Bitcoin by its current price.

他的分析使用了比特幣已實現的上限與市值之間的數據。實現的CAP根據錢包中的轉移價格來衡量比特幣的價值，而市值是通過將比特幣的循環供應乘以當前價格來計算的。

Check out the full analysis here!

在此處查看完整的分析！

Market Capitalization and Realized Cap Analysis

市值和實現的上限分析

Ju emphasizes that market capitalization alone cannot track the Bitcoin bull market. When selling pressure is low, small purchases of Bitcoin can boost market capitalization to new highs.

JU強調，僅市值就無法追踪比特幣牛市。當銷售壓力很低時，少量購買比特幣可以將市值提升到新的高點。

However, when selling pressure is high, large purchases such as Strategy’s $1.92 billion acquisition of 22,048 BTC cannot trigger price increases like previous purchases.

但是，當銷售壓力很高時，大量購買，例如戰略的19.2億美元收購22,048 BTC無法像以前的購買一樣觸發價格上漲。

An increase in Realized Cap indicates new capital entering the market, but a declining market capitalization indicates a bearish sentiment. This suggests that despite the injection of fresh capital, the price is not showing a positive response. According to Ju, this marks the end of Bitcoin’s bull market.

已實現的上限的增加表明進入市場的新資本，但市值下降表明看跌情緒。這表明，儘管注入了新鮮資本，但價格並未顯示出積極的反應。根據JU的說法，這標誌著比特幣牛市的終結。

Also read: Bitcoin Ready to Surge to $100,000, Whale Buying Resists Trade War Pressure?

另請閱讀：比特幣準備漲至100,000美元，鯨魚購買抵制貿易戰爭壓力嗎？

Bearish Signals and Bitcoin Price Predictions

看跌信號和比特幣價格預測

Despite Bitcoin’s strong fundamentals and massive acquisitions, on-chain indicators show less encouraging results. Bitcoin price is currently in consolidation with a bearish pennant pattern, indicating the potential for further price declines.

儘管比特幣的基本原理和大量收購，鏈上的指標表現出令人鼓舞的結果。比特幣的價格目前與看跌的五角旗模式合併，這表明可能會增加價格下降。

Crypto Sat predicts a short-term drop to $80,000, with the current price sitting at $82,950. Ju himself has a more gloomy prediction, stating that the chances of a short-term rally are very slim.

Crypto SAT預測，短期跌至80,000美元，目前的價格為82,950美元。 Ju本人的預測更加令人沮喪，指出短期集會的機會非常苗條。

According to him, it can take up to six months for Bitcoin to break out of a bear market. This suggests that the selling pressure may subside at any time, but historically, a true reversal takes at least six months.

據他說，比特幣脫離熊市最多可能需要六個月的時間。這表明銷售壓力可能隨時消退，但從歷史上看，真正的逆轉至少需要六個月。

Also read: XRP Records Open Interest Above $3 Billion, Will Price Follow?

另請閱讀：XRP Records開放興趣超過30億美元，價格會以下嗎？

Praise from the US Treasury Secretary

美國財政部長的讚美

Amidst the unfavorable sentiment, the US Secretary of the Treasury, Scott Bessent, praised Bitcoin as a store of value comparable to gold. This shows that despite market volatility, there is still faith in Bitcoin’s long-term value as an investment asset.

在不利的情緒中，美國財政部長斯科特·貝森特（Scott Bessent）稱讚比特幣是可與黃金相當的價值的存儲。這表明，儘管市場波動，但仍然相信比特幣作為投資資產的長期價值。

This praise may relieve investors who are worried about the current bearish trend. However, investors must understand that the cryptocurrency market is highly volatile and requires a well-thought-out investment strategy.

這種稱讚可能會減輕擔心當前看跌趨勢的投資者。但是，投資者必須了解，加密貨幣市場非常波動，需要進行良好的投資策略。

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

這是今天有關加密新聞的最新信息。僅在Pintu Academy的初學者到專家級別，獲取有關加密學院的更多信息，並豐富您對加密和區塊鏈世​​界的了解。

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

在Google News上關注我們，以獲取有關加密和區塊鏈技術的最新信息。立即通過Google Play商店或應用商店下載Pintu Crypto，享受簡單安全的加密交易體驗。

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

僅在Pintu Pro上使用高級交易工具（例如Pro圖表，各種訂單類型和投資組合跟踪器）體驗Web交易。如果您沒有帳戶，請單擊註冊Pintu，或者如果您已經註冊，請單擊登錄Pintu。

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

該內容旨在豐富讀者的信息。 Pintu從各種相關來源收集這些信息，並且不受外部政黨的影響。請注意，資產的過去績效並不能確定其預計的未來績效。加密交易活動具有高風險和波動性，在投資之前始終進行自己的研究並使用冷現金。買賣比特幣和其他加密資產投資的所有活動都是讀者的責任。