比特幣（BTC）市場情緒接近關鍵拐點，已實現價格指標

隨著比特幣價格繼續緩慢下跌，該資產似乎正在接近關鍵的心理水平。

As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty surrounding the continuation of Bitcoin’s current trend, speculation remains divided on whether the crypto asset is preparing for another upward breakout or entering a phase of correction.

隨著比特幣價格繼續緩慢下跌，該資產似乎正在接近關鍵的心理水平。由於比特幣當前趨勢是否持續存在不確定性，關於該加密資產是否正在準備再次向上突破或進入調整階段的猜測仍然存在分歧。

Recent on-chain data suggests that specific metrics, such as the realized price for short-term holders, are providing essential insights into the market’s behavior and potential future direction.

最近的鏈上數據表明，具體指標（例如短期持有者的實現價格）正在為市場行為和潛在的未來方向提供重要的見解。

Recent Bitcoin Sell-Off May Be Curbed At Key Price Floor

最近的比特幣拋售可能會受到關鍵價格下限的抑制

In an analysis recently uploaded on the CryptoQuant QuickTake platform, an analyst known as Shayan BTC revealed that the realized price metric, particularly for the 1-3 month UTXO (Unspent Transaction Output) age band, serves as a critical indicator for assessing investor sentiment among newer market participants.

在CryptoQuant QuickTake 平台最近上傳的一份分析中，一位名為Shayan BTC 的分析師透露，已實現的價格指標，特別是1-3 個月的UTXO（未花費交易輸出）年齡範圍，是評估投資者情緒的關鍵指標。

This metric represents the average purchase price of Bitcoin for those who acquired the asset within the last one to three months. A sustained price above this level typically signals bullish momentum, suggesting that recent buyers are confident in holding their positions despite prevailing market volatility.

該指標代表過去一到三個月內購買該資產的人的比特幣平均購買價格。價格持續高於該水平通常預示著看漲勢頭，表明儘管市場普遍波動，近期買家仍有信心持有其頭寸。

Conversely, if Bitcoin’s price drops below this level, it may indicate potential selling pressure as these short-term holders attempt to limit their losses.

相反，如果比特幣的價格跌破該水平，則可能表明潛在的拋售壓力，因為這些短期持有者試圖限制其損失。

According to Shayan, the realized price for Bitcoin’s 1-3 month holder cohort currently stands at $81,000. This level is seen as a vital support zone, acting as a “psychological and technical defense” line for both short-term and long-term investors.

據 Shayan 稱，比特幣 1-3 個月持有者群體的實際價格目前為 81,000 美元。該水準被視為重要的支撐區域，充當短期和長期投資者的「心理和技術防線」。

Historically, when Bitcoin’s price remains above this threshold, it indicates a resilient market sentiment where recent buyers display confidence in the asset’s future price potential.

從歷史上看，當比特幣的價格保持在這一門檻之上時，就表明市場情緒具有彈性，最近的買家對該資產的未來價格潛力表現出信心。

On the other hand, a price drop below the $81,000 mark could lead to increased selling activity, primarily driven by short-term holders looking to exit their positions to minimize potential losses. Such a scenario would likely add downward pressure to the market, potentially triggering broader sell-offs.

另一方面，價格跌破 81,000 美元大關可能會導致拋售活動增加，這主要是由希望平倉以盡量減少潛在損失的短期持有者推動的。這種情況可能會增加市場下行壓力，並可能引發更廣泛的拋售。

Bitcoin Market Performance

比特幣市場表現

Bitcoin has so far given investors a boring holiday season with its lackluster performance. Particularly ever since the past weeks towards the middle of December, Bitcoin has fallen below the $100,000 price mark and has remained below it with little to no upward movement.

迄今為止，比特幣表現平淡，為投資者帶來了一個無聊的假期。特別是自過去幾週到 12 月中旬以來，比特幣價格已跌破 10 萬美元大關，並且一直保持在該水平以下，幾乎沒有上漲趨勢。

Over the past two weeks, Bitcoin has now dropped by 10.9%.2% as it remains below the $100,000 price mark. However, its past day performance has been quite interesting. Over this period, BTC has seen a sudden increase of 4% to a current trading price of $95,519, at the time of writing.

過去兩週，比特幣目前已下跌 10.9%.2%，仍低於 10 萬美元價格大關。然而，它過去一天的表現非常有趣。在此期間，BTC 突然上漲了 4%，截至撰寫本文時，目前交易價格為 95,519 美元。

Interestingly, despite this sudden surge, this price mark puts Bitcoin at a roughly 11.9% decrease away from its all-time high of $108,135 registered in the middle of December.

有趣的是，儘管比特幣突然飆升，但這一價格標記使比特幣較 12 月中旬創下的歷史高點 108,135 美元下跌了約 11.9%。