儘管最近陷入困境，比特幣（BTC）可能正在為另一次短期反彈做好準備

十月上半月即將結束，儘管人們對 Uptober 抱有很高的期望，但結果卻相反。

Despite recent difficulties in maintaining bullish momentum, Bitcoin might be setting up for another short-term rally. The first half of October is almost over, and while there were high expectations for Uptober, the outcome was contrarian.

儘管最近在維持看漲勢頭方面遇到困難，但比特幣可能正在為另一個短期反彈做好準備。 10月上半月已經接近尾聲，雖然人們對Uptober抱有很高的期望，但結果卻是相反的。

The fact that Bitcoin extended its downside this week and even dipped below $60,000 may have further crushed any bullish October expectations. However, a recent CryptoQuant analysis suggests that a strong bullish outcome is still possible in the short term and may have already begun.

事實上，比特幣本週擴大了下行空間，甚至跌破 6 萬美元，這一事實可能進一步粉碎了 10 月的看漲預期。然而，最近的 CryptoQuant 分析表明，短期內仍有可能出現強勁的看漲結果，並且可能已經開始。

The analysis showed that Bitcoin is currently in an accumulation phase, as indicated by the Coinbase Premium Gap metric. According to the analysis, whenever the BTC Coinbase premium dropped below -50, a surge in accumulation followed.

分析表明，正如 Coinbase 溢價差距指標所示，比特幣目前處於累積階段。根據分析，每當 BTC Coinbase 溢價跌破 -50 時，增持就會隨之激增。

The Bitcoin Coinbase premium gap recently dipped significantly below -100. So, does this also indicate a large amount of accumulation?

比特幣 Coinbase 溢價差距最近大幅降至 -100 以下。那麼，這是否也預示著大量的累積？

Demand is outpacing sell pressure at lower price points

在較低的價格點上，需求超過了拋售壓力

Bitcoin’s price action so far this week aligns with the analysis.

本週迄今為止，比特幣的價格走勢與分析相符。

The cryptocurrency was trading at $63,667, at press time, after bouncing back by over 6% from its weekly low on Thursday. The strong rebound confirmed high demand at and below the $60,000 price range.

截至發稿時，該加密貨幣的交易價格為 63,667 美元，較週四的周低點反彈超過 6%。強勁的反彈證實了 60,000 美元及以下價格範圍的高需求。

Source: TradingView

來源：TradingView

It is also worth noting here that strong bullish momentum returned after the price retested the 0.5 and 0.618 Fibonacci range, based on its lowest and highest price levels in September.

這裡也值得注意的是，在價格重新測試基於 9 月最低和最高價格水準的 0.5 和 0.618 斐波那契區間後，強勁的看漲勢頭回歸。

This suggests that there is a high probability of accumulation/demand returning after retesting this zone.

這表明在重新測試該區域後，累積/需求返回的可能性很高。

The gap between exchange inflows and outflows widened following the dip below $60,000. Notably, Bitcoin exchange outflows were higher at 3156 BTC in the last 24 hours, compared to 1972 BTC during the same period. This seemed to confirm that there was more buy pressure than sell pressure.

在跌破 6 萬美元後，外匯流入和流出之間的差距擴大。值得注意的是，過去 24 小時內比特幣交易流出量高達 3156 BTC，而同期為 1972 BTC。這似乎證實了買入壓力大於賣出壓力。

Source: Cryptoquant

來源：Cryptoquant

On-chain data also highlighted significant whale activity during the week.

鏈上數據也突顯了本週鯨魚的大量活動。

We observed a rise in large holder flows over the week, with inflows peaking at 8,590 BTC on 10 October. This was significantly higher than large holder outflows, which peaked at 7,960 BTC during the same period.

我們觀察到本周大戶流量有所增加，流入量在 10 月 10 日達到高峰 8,590 BTC。這明顯高於同期大戶流出量的峰值 7,960 BTC。

Source: IntoTheBlock

來源：IntoTheBlock

Since then, large holder flows have cooled slightly. However, inflows still outpaced outflows, indicating a net increase in whale liquidity.

此後，大型持有者流量略為降溫。然而，流入量仍超過流出量，顯示鯨魚流動性淨增加。

These findings, taken together, suggest that Bitcoin may be preparing for another leg up. It is unclear, however, whether the current momentum will extend beyond the short term. For the time being, the recent rebound confirms that sub-$60,000 prices may still be considered a good discount.

這些發現綜合起來表明，比特幣可能正在為另一次上漲做好準備。然而，目前尚不清楚當前的勢頭是否會持續到短期之外。目前，最近的反彈證實了 60,000 美元以下的價格可能仍然被認為是一個不錯的折扣。