比特幣的[BTC]價格最近變得“極度”，交換流揭示了為什麼

比特幣的[BTC]價格最近“極度”波動，交換流程揭示了原因。 2月25日，大約8.4k BTC搬進了交流，發出了銷售壓力。

Bitcoin’s [BTC] price has been ‘extremely’ volatile lately, and exchange flows reveal why. On the 25th of February, approximately 8.4K BTC moved into exchanges, signaling sell pressure. Bitcoin reacted with an 8% drop.

比特幣的[BTC]價格最近“極度”波動，交換流程揭示了原因。 2月25日，大約8.4k BTC搬進了交流，發出了銷售壓力。比特幣的反應下降了8％。

The following day, outflows surged as investors shifted to holding, triggering a rapid reversal. Within a week, BTC rebounded 12%, reclaiming the $94K level.

第二天，隨著投資者轉移到持有，流出激增，引發了迅速的逆轉。在一周之內，BTC反彈12％，收回了$ 94K的水平。

By looking at the movement of BTC in and out of exchanges, we can get a glimpse into investor sentiment and what might come next.

通過查看BTC進出交流的運動，我們可以瞥見投資者的情緒以及接下來會發生什麼。

Bitcoin’s next moves: Insights from exchange flows

比特幣的下一個動作：交換流的見解

Currently, sustained outflows indicate strong bullish momentum, with six consecutive days of red dominance.

目前，持續的流出表明了強勁的看漲勢頭，連續六天的紅色優勢。

Historically, such patterns have marked Bitcoin bottoms, often leading to sharp reversals and explosive upside moves.

從歷史上看，這種模式標誌著比特幣的底部，通常會導致急劇的逆轉和爆炸性的上行移動。

In the chart below, each extended red wick – signifying over 30K BTC withdrawn – has consistently aligned with aggressive “dip-buying” sentiment.

在下面的圖表中，每個延伸的紅色燈芯（表示超過30k BTC）一直與積極的“浸入”情緒保持一致。

Credit: CryptoQuant

圖片來源：加密量

Consider the New Year rally: BTC ended 2023 at $93,384. A week later, it soared past $102K, with consecutive red wicks marking over 50K BTC accumulated.

考慮新的一年集會：BTC以2023年結束，價格為93,384美元。一周後，它飆升了102,000美元，連續的紅色燈芯標記超過50k BTC。

So, is BTC primed for another push past $100K? Recent outflows suggest cautious optimism, with less than 15K BTC exiting exchanges over the past week.

那麼，BTC是否在$ 10萬美元上推出了額外推銷？最近的流出表明了謹慎的樂觀情緒，在過去一周中，BTC不到15K BTC退出交流。

However, strong distribution followed Trump’s “market manipulation” comments, adding complexity to the short-term outlook.

但是，在特朗普的“市場操縱”評論之後，強勁的分佈增加了短期前景的複雜性。

Identifying next resistance zone

識別下一個電阻區

A week ago, Bitcoin dropped to $78K, marking a three-month low. Within four days, BTC posted a strong green candlestick, gaining 9% in a single day and pushing past $96K, driven by Trump’s “pro-crypto” endorsement.

一周前，比特幣跌至7.8萬美元，標誌著三個月的低點。在四天之內，BTC發布了一個強烈的綠色燭台，在一天中獲得9％的股份，並在特朗普的“ Pro-Crypto”認可的驅動下推出了9.6萬美元。

Profit-taking ensued, and BTC is now 12.5% below that peak, with the majority of the gains erased.

隨之而來的獲利，BTC現在比該高峰低12.5％，大部分收益被刪除。

Current price action suggests resistance around $87K, where over 900K addresses holding 662K BTC are set to move into profit, putting $57 billion worth of BTC at risk of a large sell-off.

當前的價格行動表明，抵抗力約為8.7萬美元，其中有66.2萬BTC的90萬以上的地址將獲得盈利，使價值570億美元的BTC面臨大型拋售的風險。

Credit: IntoTheBlock

學分：intotheblock

Proceed with caution – market volatility is at extreme levels. Exchange flows highlight a bullish structure, suggesting the possibility of reaching this resistance in the upcoming sessions.

謹慎行事 - 市場波動處於極端水平。交換流程突出顯示了看漲的結構，這表明在即將舉行的會議中達到這種抵抗力的可能性。

However, the prospect of reclaiming $90K appears to be a challenging feat.

但是，收回$ 90K的前景似乎是一項艱鉅的壯舉。