比特幣[BTC]價格超過$ 87,000，為主要價格集會設置了舞台

比特幣[BTC]正在上升，在過去24小時內的3.26％集會後，比特幣進入了87,000美元的地區，在過去一周中，其累積增長率為4.38％。

Bitcoin [BTC] broke into the $87,000 zone on Thursday, 3 August. The world’s leading cryptocurrency rose by 3.26% in the past 24 hours and by 4.38% over the past week.

比特幣[BTC]在8月3日星期四闖入了87,000美元的區域。在過去的24小時內，世界領先的加密貨幣增長了3.26％，在過去一周中增長了4.38％。

Bitcoin has been trading in a limited range for days now, but several observations suggest that this could be setting the stage for a major price rally.

比特幣已經在有限的範圍內已有數天了，但是一些觀察結果表明，這可能是為重大價格集會奠定基礎。

Miners have stopped selling and are now accumulating, while U.S. and Korean investors are also entering the market with more buying pressure. Derivative traders are responding with a positive Funding Rate across exchanges.

礦工已經停止銷售，現在正在積累，而美國和韓國投資者也以更大的購買壓力進入市場。衍生品交易者正在以跨交易所的積極融資率做出回應。

Key metrics are declining, but there is still hope

關鍵指標正在下降，但仍然有希望

Bitcoin’s price has dropped by over 9.83% in the past month, according to CoinMarketCap. A large part of this decline can be attributed to the sharp decrease in transfer volume.

根據CoinMarketCap的數據，過去一個月，比特幣的價格下跌了9.83％。這種下降的很大一部分可以歸因於轉移量的急劇下降。

Transfer volume has fallen from a peak of $87 billion to $42 billion—nearly half in the past month. Such a decline signals reduced trader interest, leading to lower market activity.

轉會量從870億美元的高峰降至420億美元，在過去一個月中的一半。這樣的下降信號降低了交易者的興趣，導致市場活動降低。

According to Chainalysis data, Bitcoin’s recent upward move has been driven by buying activity between the $82,590 to $85,150 price levels, where 625,000 BTC was purchased with some orders filled.

根據Chainalysis數據，比特幣最近的向上移動是由82,590美元至85,150美元的價格水平之間的購買活動所驅動的，其中購買了625,000 BTC並填補了一些訂單。

Bitcoin is expected to face significant selling pressure as it approaches the $95,400 to $97,970 supply zone, where sell orders for 1.44 million BTC are stacked.

預計比特幣將面臨巨大的銷售壓力，因為它接近95,400至97,970美元的供應區，其中堆積了144萬BTC的銷售訂單。

If the asset fails to gain more momentum heading into this region, a further decline could follow.

如果資產未能獲得更多進入該地區的動力，則可能會進一步下降。

Will Bitcoin gather the needed momentum?

比特幣會收集所需的勢頭嗎？

Buying activity in the market suggests that Bitcoin’s momentum could continue growing. This is supported by the Miner’s Position Index (MPI), which indicates whether miners are buying or selling based on token movement.

市場上的購買活動表明，比特幣的勢頭可能會繼續增長。這得到了礦工的位置指數（MPI）的支持，該指數表明礦工是根據令牌運動而購買還是出售。

Currently, the MPI has turned negative, dropping as low as -1.5, meaning that miners have stopped selling and are accumulating Bitcoin—a signal that could trigger a rally in the coming trading sessions.

目前，MPI已變為負面，低至-1.5，這意味著礦工已經停止銷售並積累了比特幣，這一信號可能會在即將到來的交易中引發集會。

According to CryptoQuant, the MPI reading is heavily skewed, with a value of 0 representing a neutral zone. Values below 0 suggest that miners are selling, while values above 0 indicate that miners are buying.

根據加密量，MPI讀數偏斜，值為0代表中性區域。低於0的值表明礦工正在銷售，而高於0的值表示礦工正在購買。

According to Ben Lilly, a crypto analyst at Legal Block Chain, the MPI is a valuable indicator for predicting market trends.

根據法律區塊鏈的加密分析師本·莉莉（Ben Lilly）的說法，MPI是預測市場趨勢的寶貴指標。

“When the MPI is negative, it signals that miners are in a strong accumulation phase, which could lead to a bull market. Conversely, when the MPI is positive, it indicates that miners are selling, which could foreshadow a bear market.”

“當MPI負面時，它表明礦工處於強大的積累階段，這可能會導致牛市。相反，當MPI陽性時，它表明礦工正在銷售，這可能預示著熊市。”

Alongside miners, U.S. and Korean investors are adding to buying pressure, as reflected in the rising Coinbase Premium Index and Korean Premium Index, both of which remain above the neutral zone of 0.

與礦工一起，美國和韓國的投資者正在增加購買壓力，這反映在上升的Coinbase Premium指數和韓國高級指數中，這兩個指數都保持在0的中性區域。

Both metrics measure the difference between spot and futures prices on major exchanges in these regions. A premium exists when derivatives traders are willing to pay more for immediate exposure to Bitcoin.

這兩個指標衡量了這些地區主要交易所的現貨和期貨價格之間的差異。當衍生品交易者願意立即接觸比特幣時，就會存在溢價。

Historically, these investors have played a key role in Bitcoin’s price direction, and if that trend holds, the asset could be gearing up for a major upward move.

從歷史上看，這些投資者在比特幣的價格方向上發揮了關鍵作用，如果這種趨勢成立，那麼資產可能會為重大的向上移動做好準備。

Derivative traders are also responding to Bitcoin’s recent 24-hour surge, with the aggregated Funding Rate across multiple cryptocurrency exchanges rising.

衍生品交易者還對比特幣最近的24小時湧現做出了反應，多個加密貨幣交易所的總融資率上升。

The Funding Rate determines which side of the market pays a premium to maintain price parity between the spot and Futures markets. Currently, longs are paying the fee, confirming their commitment to the bullish trend.

資金率決定了市場的哪一邊支付溢價，以維持現貨和期貨市場之間的價格均等。目前，渴望正在支付費用，證實了他們對看漲趨勢的承諾。

According to Chainalysis, if the market continues aligning with this bullish phase, Bitcoin could rally toward the $95,000 region, where a major supply level awaits.

根據鏈分析，如果市場繼續與這個看漲階段保持一致，那麼比特幣可能會朝著$ 95,000的地區集會，那裡的主要供應水平正在等待。