比特幣（BTC）網絡活動顯示出虛弱的跡象，引起了分析師之間的關注

比特幣最近面臨著一些明顯的挑戰，因為其網絡活動顯示出弱化的跡象。儘管在過去24小時中有1.68％的收益略有1.68％

Bitcoin (BTC) has shown signs of weakening network activity, despite a slight gain in the past 24 hours. After reaching its peak of $107K a few weeks ago, BTC has been struggling to maintain an upward trend and is now trading below the $100K mark.

儘管在過去的24小時中，比特幣（BTC）顯示出弱化網絡活動的跡象。在幾週前達到了10.7萬美元的峰值之後，BTC一直在努力保持上升趨勢，現在交易低於$ 10萬美元。

According to the latest data, the number of active addresses on the Bitcoin network has significantly dropped, with the figure now standing at 1.1 million. This decline in active addresses is a critical indicator of weakening network activity, as fewer investors appear to be actively participating in Bitcoin transactions.

根據最新數據，比特幣網絡上的活動地址數量已大大下降，該數字現在為110萬。積極地址下降是削弱網絡活動的關鍵指標，因為更少的投資者似乎正在積極參與比特幣交易。

This trend is concerning for analysts and traders, as active addresses often correlate with broader investor interest. When fewer people are engaging with the network, it typically signals lower demand, which can lead to price stagnation or even a downturn.

這種趨勢與分析師和交易者有關，因為主動地址通常與更廣泛的投資者興趣相關。當更少的人參與網絡時，它通常表示需求較低，這可能導致價格停滯甚至不景氣。

Axel Adler, a popular crypto analyst, recently pointed out that Bitcoin’s active addresses have been on a steady decline since hitting a new high a few weeks ago. The drop below the annual average number of active addresses is seen as a sign of reduced participation in the network. When this happens, it raises alarms for potential price volatility in the near future, especially if it’s paired with other warning signs.

受歡迎的加密分析師阿克塞爾·阿德勒（Axel Adler）最近指出，自從幾週前擊中新高高以來，比特幣的主動地址一直在下降。低於年平均活動地址的平均數量的下降被視為參與網絡的跡象。發生這種情況時，它會在不久的將來引起警報，以期與其他警告信號配對。

One such sign is the spike in Bitcoin’s Network Value to Transactions (NVT) ratio, which has jumped from 89 to a historically high level of 978. The NVT ratio is an important metric used to assess the relationship between the network value and transaction volume. A high NVT ratio indicates that the network’s value is being driven more by speculation than by actual transactions. Historically, when the NVT ratio reaches extreme levels, Bitcoin tends to experience price corrections shortly after. The surge in the NVT ratio implies that Bitcoin’’s current price might be unsustainable and could face a decline.

一個這樣的跡像是比特幣網絡價值與交易（NVT）比率的峰值，該比率從89躍升至歷史較高的978水平。NVT比率是用於評估網絡價值與交易量之間關係的重要指標。高NVT比例表明，與實際交易相比，猜測要驅動網絡的價值。從歷史上看，當NVT比率達到極端水平時，比特幣往往會在不久之後經歷價格更正。 NVT比率的增長意味著比特幣的當前價格可能是不可持續的，並且可能面臨下降。

Furthermore, there has been a noticeable drop in Bitcoin’s daily transaction volume, which has decreased from 402,000 to 350,000 over the past three weeks. This further confirms the observation that fewer users are actively interacting with the Bitcoin network. The decline in both active addresses and transaction volume points to lower demand among investors, which could lead to further price instability.

此外，比特幣的每日交易量顯著下降，過去三週從402,000下降到350,000。這進一步證實了這樣的觀察結果，即用戶與比特幣網絡積極交互。主動地址和交易量的下降指向投資者的需求降低，這可能導致價格不穩定。

Historically, rising active addresses are often associated with bull markets, while a decrease in activity usually precedes market corrections. When combined with a high NVT ratio and declining transaction volume, this is seen as a red flag for Bitcoin’s short-term price movement. The reduction in network participation suggests that demand for Bitcoin might not be strong enough to support its current price levels.

從歷史上看，主動地址的上升通常與牛市有關，而活動的減少通常是在市場校正之前。當結合高NVT比率和交易量下降時，這被視為比特幣短期價格變動的危險信號。網絡參與的減少表明，對比特幣的需求可能不足以支持其當前價格水平。

The effects of this trend are already visible in Bitcoin’s price action, as the cryptocurrency has struggled to maintain an upward trend in recent days. Lower network activity means less demand, which in turn affects Bitcoin’s ability to continue rising. If demand remains weak for an extended period, institutions and larger investors might begin selling their positions to cover operational costs or take profits, putting more downward pressure on the market.

比特幣的價格行動中，這種趨勢的影響已經可以看到，因為加密貨幣在最近幾天一直在努力保持向上的趨勢。較低的網絡活動意味著更少的需求，這反過來會影響比特幣繼續上升的能力。如果需求在長期內仍然很弱，則機構和大型投資者可能會開始出售其職位以支付運營成本或承擔利潤，從而給市場帶來更大的下降壓力。

If this trend of low demand persists, Bitcoin could potentially dip further to levels around $94,992. On the other hand, if there’s a recovery in demand, Bitcoin could attempt to reclaim higher levels, with $98,830 being a potential target. Ultimately, traders and investors will need to keep an eye on the number of active addresses and the NVT ratio, as these factors are likely to play a significant role in determining Bitcoin’s price direction in the coming weeks.

如果這種需求低的趨勢仍然存在，則比特幣可能會進一步下降到94,992美元左右的水平。另一方面，如果需要恢復，比特幣可以試圖恢復更高的水平，而98,830美元是潛在的目標。最終，交易者和投資者將需要關注主動地址和NVT比率的數量，因為這些因素可能在確定未來幾週比特幣的價格方向方面發揮重要作用。