隨著鯨魚的積累

CryptoQuant說，比特幣可能正在為重大波動付出準備，因為超過170,000 BTC的價值超過140億美元，從錢包中移動了3-6個月。

Cryptoquant has detected an interesting development in the mid-term bitcoin holders (3-6 months) as over 170,000 BTC, valued at over $14 billion, was moved from these wallets.

CryptoQuant檢測到中期比特幣持有人（3-6個月）的一個有趣的發展，超過170,000 BTC，價值超過140億美元，已從這些錢包中移動。

It notes that these large movements from mid-term bitcoin holders often signals that something major is about to happen. Historically, these wallet movements have arrived right before major price swings, be it a breakout rally (green boxes) or a sharp drop (red boxes).

它指出，中期比特幣持有人的這些大型運動通常表明將要發生重大事情。從歷史上看，這些錢包的動作已經在主要價格波動之前到達，無論是突破集會（綠色盒子）還是急劇（紅色的盒子）。

Specifically, this group of bitcoin holders are usually more reactive than long-term investors but tend to be calmer than short-term traders, which often acts key during market transitions. Similar patterns were noted before bitcoin’s bull run in 2021 and the 2022 crash.

具體而言，這組比特幣持有人通常比長期投資者更具反應性，但比短期交易者往往會更加平靜，而短期交易者通常在市場過渡期間行事至關重要。在2021年比特幣的公牛運行和2022年崩潰之前，也有類似的模式。

Analysts note that although the direction is not clear, this is a warning sign of major volatility ahead.

分析師指出，儘管方向尚不清楚，但這是未來波動率的警告信號。

Bitcoin has lately been stuck between $75,000 and $87,000 recently due to the global trade tensions triggered by Trump’s tariffs. This has added to the uncertainty in the markets impacting investor confidence.

由於特朗普的關稅引起的全球貿易緊張張力，最近比特幣最近被困在75,000至87,000美元之間。這增加了影響投資者信心的市場的不確定性。

Whales Bullish Despite Economic Pull Back

鯨魚看漲，儘管經濟退縮了

Notably, bitcoin whales and large investors are showing strong bullish sentiment despite the economic headwinds. According to data from Glassnode, whales and sharks are now accumulating BTC at over three times the yearly issuance rate, which marks the fastest pace in bitcoin’s history. Besides, exchanges are witnessing historic outflows which indicates a shift towards long-term bitcoin holding and self-custody.

值得注意的是，儘管經濟逆風，比特幣鯨和大型投資者仍表現出強烈的看漲情緒。根據GlassNode的數據，鯨魚和鯊魚現在以年度發行率的三倍以上積累了BTC，這標誌著比特幣歷史上最快的速度。此外，交流目睹了歷史性的流出，這表明向長期的比特幣持有和自我顧客轉變。

According to latest data from lookonchain, whales are stacking up bitcoin. A wallet linked to Abraxas Capital recently withdrew 505 BTC worth over $42 million Binance. Notably, over the past four days, the wallet has withdrawn a total of 2,949 BTC worth $259 million. Such large moves indicate institutional confidence in bitcoin.

根據Lookonchain的最新數據，鯨魚正在堆疊比特幣。與Abraxas Capital有關的一塊錢包最近撤回了505 BTC，價值超過4200萬美元。值得注意的是，在過去的四天中，錢包撤回了總計2,949 BTC，價值2.59億美元。如此大的舉動表明對比特幣的機構信心。

Analysts Note Key Levels

分析師注意關鍵水平

Analyst Scott Melker recently pointed out that bitcoin has finally closed a strong daily candle well above the 50-day moving average for the first time in months. This could be a positive sign hinting a a potential short-term trend reversal. However this is less convincing as the breakout happened with a low trading volume,

分析師斯科特·梅爾克（Scott Melker）最近指出，比特幣終於在幾個月來首次關閉了強大的每日蠟燭，遠高於50天移動平均線。這可能是一個積極的信號，暗示了AA潛在的短期趨勢逆轉。但是，由於交易量較低，突破發生了，這並不是令人信服的

He notes that for bitcoin to show real strength, it needs more buying and to break above $88,804 and the 200-day average. “Bulls need to follow through with strength”, he said.

他指出，要使比特幣表現出真正的實力，它需要更多的購買，並超過88,804美元和200天的平均水平。他說：“公牛需要堅持力量。”

While analyst Ali Martinez shared in a recent post that with bitcoin currently consolidating in a tight range, a breakout over $86,000 or a breakdown below $83,000 could determine its next big move.

儘管分析師阿里·馬丁內斯（Ali Martinez）在最近的一篇文章中分享了，該文章目前與比特幣合併在緊密的範圍內，但突破超過86,000美元或低於83,000美元的崩潰可能會決定其下一個大舉動。