比特幣（BTC）市場可能會保持緩慢，直到美國情緒改善

Crypto Quant的首席執行官Ki Young Ju也對比特幣價格變動表達了相當保守的看法。他堅信活動

Crypto Quant CEO Ki Young Ju shared a rather conservative view regarding the Bitcoin price movements. He is convinced that activity is going to remain low for a while until the sentiment turns positive in the United States.

Crypto Quant首席執行官Ki Young Ju對比特幣價格變動有了相當保守的看法。他堅信活動將保持一段時間，直到情緒在美國的積極變化為止。

In a recent post on X, he explains current market inactivity because there is not much happening on-chain. He also stated that leading indicators are flat, which means that while the bull cycle is not yet over, there is no significant head of steam.

在最近的X上帖子中，他解釋了當前的市場不活動，因為鏈上沒有太多發生。他還說，主要指標是平坦的，這意味著雖然牛週期尚未結束，但沒有明顯的蒸汽頭。

#Bitcoin market will likely remain slow until sentiment in the U.S. improves.

#bitcoin市場可能會保持速度緩慢，直到美國情緒改善。

There’s no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact.

沒有明顯的鏈活動，關鍵指標是中性的，表明牛週期仍然完好無損。

Fundamentals remain strong, with more mining rigs coming online.

基本面仍然很強大，更多的採礦鑽機即將上線。

If the cycle ends… pic.twitter.com/fSWl26d0gx

如果週期結束了... pic.twitter.com/fswl26d0gx

— cryptoquant (@cryptoquant) October 25, 2024

- 2024年10月25日（@cryptoquant）

Nevertheless, substantial improvements can be observed in Bitcoin’s fundamentals. There is a gradual increase in the number of mining rigs, which is a good sign for the network’s base. However, they may soon face a deceleration in market growth if macroeconomic conditions do not have a positive turn.

然而，在比特幣的基本面可以觀察到實質性改進。採礦鑽機數量逐漸增加，這是網絡基礎的好兆頭。但是，如果宏觀經濟狀況沒有積極的轉變，他們可能很快就會面臨市場增長的減速。

The current lack of activity can mean that the cycle is just hidden, but doubts are beginning to arise.

目前缺乏活動可能意味著周期只是隱藏的，但是疑問開始引起。

If the current market cycle has to end now, it will be an opportunity lost for many. The major players, such as whales, mining companies, banks/financial institutions and global influential billionaires personalities like Donald Trump, would not want this cycle to come to this stage. Nonetheless, retail investors cannot influence the market to the same extent as they used to in the past. The driving forces behind price fluctuations in BTC are massive institutional market players.

如果當前的市場週期必須現在結束，那麼許多人將失去機會。主要參與者，例如鯨魚，礦業公司，銀行/金融機構以及像唐納德·特朗普（Donald Trump）這樣的億萬富翁人物，不希望這個週期進入這個階段。儘管如此，零售投資者不能像過去相同的程度上影響市場。 BTC價格波動背後的推動力是機構市場參與者。

Bitcoin came rather close to $95,000 but failed to break through it and then pulled back. Michael van de Poppe pointed out that BTC faced rejection at this price level. Since then, it has been trading sideways, and the price on any cryptocurrency has demonstrated limited volatility. The liquidity on the demand side as well as on the supply side side has been bought up, meaning that a blowout to the upside may be a while in coming.

比特幣接近95,000美元，但未能突破它，然後退後。邁克爾·範·德·波普（Michael Van de Poppe）指出，BTC在這個價格水平上面臨拒絕。從那時起，它一直在側面交易，任何加密貨幣的價格都顯示出有限的波動性。需求側以及供應側的流動性已被收購，這意味著上升空間的井噴可能會有一段時間。

Basically, #Bitcoin rejected at the resistance at $95K and is back chopping around.

基本上，#bitcoin以$ 95K的價格拒絕了，並回來了。

All liquidity on both sides have been taken.

雙方的所有流動性都已採取。

What to expect?

期待什麼？

Honestly, I think we'll need to wait until this week is over as there's a lot of macro-economic data & events and the Summit. pic.twitter.com/j6ZolJgfvg

老實說，我認為我們需要等到本週結束，因為有很多宏觀經濟數據和事件以及峰會。 pic.twitter.com/j6zoljgfvg

— Michael van de Poppe (@MvandePoppe) October 25, 2024

- 邁克爾·範·德·波普（@mvandepope）2024年10月25日

Looking into the future Bitcoin trading participants are waiting for more clarity. Van de Poppe tweeted that it will take up to the end of the week to know how macroeconomic data and events will impact Bitcoin. There is a possibility that a major economic summit, and other important events may be of assistance.

研究未來的比特幣交易參與者正在等待更加清晰。范德·波普（Van de Poppe）發推文說，要知道宏觀經濟數據和事件將如何影響比特幣，它將需要到本週末。大規模的經濟峰會和其他重要事件可能會帶來幫助。

For now, more investors will have to wait for signs to emerge, although this particular market is bound to be dynamic in the long run. As of now, BTC is trading at $82,857, showing a 44% decline over the past day.

目前，越來越多的投資者將不得不等待跡像出現，儘管從長遠來看，這個特殊的市場必然會動態。截至目前，BTC的交易價格為82,857美元，過去一天下降了44％。