比特幣（BTC）市場動態顯示出謹慎樂觀的跡象，投資者仍持有股份

Glassnode 的最新報告強調了有關比特幣當前財務狀況的一些有趣事實。特別是到目前為止，比特幣投資者

Fresh insights from the latest Glassnode report into the financial health of Bitcoin reveal some intriguing patterns. Notably, Bitcoin investors are largely sitting on unrealized profits at a scale rarely seen before. Yet, the market continues to exhibit choppy movements – presenting a scenario that appears cautiously optimistic.

Glassnode 最新報告對比特幣財務健康狀況的新見解揭示了一些有趣的模式。值得注意的是，比特幣投資者很大程度上持有未實現的利潤，其規模是前所未有的。然而，市場繼續呈現波動走勢——呈現出一種謹慎樂觀的局面。

On the other hand, the report also highlights that the majority of early investors are not experiencing direct selling pressure at the moment, as Bitcoin faces selling resistance, suggesting a market behavior that largely resembles a holding pattern.

另一方面，該報告也強調，由於比特幣面臨拋售阻力，大多數早期投資者目前並未面臨直接拋售壓力，這表明市場行為在很大程度上類似於持有模式。

This balance is further reflected in the current market dynamics, where trading volumes are observing a substantial decline. According to Glassnode, this decrease in on-exchange and trading platform supply change indicates that the market is reaching an equilibrium.

這種平衡進一步反映在當前的市場動態中，交易量大幅下降。 Glassnode 表示，交易所和交易平台供應變化的減少表明市場正在達到均衡。

This drives the spread between buy-side momentum and sell-side pressures towards stability, setting the stage for a potentially healthy synchrony in the upcoming market movements. This phase of market activity holds great significance, as it could influence the direction of the Bitcoin price over the coming days, weeks and potentially beyond.

這推動了買方動力和賣方壓力之間的穩定，為未來市場趨勢的潛在健康同步奠定了基礎。這一階段的市場活動意義重大，因為它可能會影響未來幾天、幾週甚至更長時間內比特幣價格的走向。

Despite choppy price action, the unrealized profit of #Bitcoin investors remains constructive. However, volumes across all market facets are declining markedly as an equilibrium between demand and sell-side forces is established.

儘管價格走勢波動，#Bitcoin 投資者的未實現利潤仍具有建設性。然而，隨著需求和賣方力量之間建立平衡，所有市場方面的交易量都在顯著下降。

Discover more in the latest Week On-Chain… pic.twitter.com/N5jFsHPPlJ

在最新一周的鏈上發現更多… pic.twitter.com/N5jFsHPPlJ

Analyzing the Downward Trend

分析下降趨勢

Continuing from Glassnode’s observations, Bitcoin’s price trajectory has shown a consistent decline over the past week. At the time of writing, the cryptocurrency has dropped by about 1.9% in just 24 hours, bringing its current value to around $64,758.

繼續Glassnode的觀察，比特幣的價格軌跡在過去一周呈現持續下跌的趨勢。截至本文撰寫時，該加密貨幣在短短 24 小時內下跌了約 1.9%，目前價值約為 64,758 美元。

This sustained decrease reflects a broader climate of market uncertainty and investor skepticism, which could be influenced by macroeconomic trends and international economic updates.

這種持續下降反映了更廣泛的市場不確定性和投資者懷疑氣氛，這可能受到宏觀經濟趨勢和國際經濟更新的影響。

However, the broader implication of this is that… As volume has only decreased and unrealized income seems to stabilize, it indicates not a high-scale of coins selling but a fewer number of transactions.

然而，這更廣泛的含義是…由於交易量只是減少，未實現收入似乎穩定下來，這表明並不是代幣銷售規模很大，而是交易數量減少了。

It could be seen as a positive sign that many see Bitcoin as a store of value in the long-term, despite turbulence in the short-term. Seemingly investors are waiting for more meaningful market signals to shift one way or the other on their holdings.

儘管短期出現動盪，但許多人仍將比特幣視為長期價值儲存手段，這可以被視為一個正面的訊號。投資者似乎正在等待更有意義的市場訊號來改變其持有的股票。