比特幣（BTC）價格可能會在周末困擾後反彈，這就是為什麼

比特幣的價格動作幾乎在2025年到目前為止的每個週末都在很大程度上都不足。在本週的令人印象深刻的開局之後，旗艦加密貨幣在周末開始，重返84,000美元左右。

A new analysis suggests that the price of Bitcoin (BTC) could be setting up for a rebound from its recent lows.

一項新的分析表明，比特幣（BTC）的價格可能會從最近的低點中為反彈設置。

According to crypto analyst Ali Martinez, changes in the coin’s sell-side risk ratio may indicate a shift in market dynamics.

根據加密分析師阿里·馬丁內斯（Ali Martinez）的說法，硬幣的賣方風險比率的變化可能表明市場動態發生了變化。

This metric, which estimates the ratio between the sum of all realized profits and losses and the total realized market capitalization, usually assumes that all losses and profits realized in the market are a potential source of sell-side pressure. The realized losses and profits divided by the realized capitalization help quantify the aggregate sell-side risk in the market.

該指標估計所有已實現的利潤和虧損的總和與實現市值的總和之間的比率，通常假設市場中實現的所有損失和利潤都是賣方壓力的潛在來源。已實現的損失和利潤除以已實現的資本化有助於量化市場中的總賣方風險。

Typically, when the sell-side risk ratio has a high value, it implies a high level of realization and oversupply of coins, as seen during late-stage bull markets and bear market capitulation events.

通常，當賣方風險比值具有很高的價值時，它意味著在後期牛市和熊市投降事件中可以看到，高水平的意識和供過於求的硬幣。

On the other hand, low values for the metric are associated with periods of low realization and volatility, seen in market consolidation phases and a sideways market.

另一方面，度量標準的低值與市場整合階段和側向市場相關的低實現和波動性時期有關。

As seen in the chart above, the Bitcoin sell-side risk ratio has dropped to around 0.086% this weekend.

如上圖所示，本週末的比特幣賣方風險比率下降到約0.086％。

As observed in the chart above, the price of Bitcoin rebounded from its local bottom in the past two years whenever the sell-side risk ratio slipped below 0.1%.

如上圖所示，在過去兩年中，每當賣方風險比率下降到0.1％時，比特幣的價格從本地底部反彈。

In January, the premier cryptocurrency surged to a then-all-time high price of $73,737 after the sell-side risk ratio fell beneath the 0.1% threshold.

一月份，當賣方風險比率下降到0.1％的閾值之後，一月份的總理加密貨幣飆升至當時的高價73,737美元。

Similarly, the Bitcoin price ran up to the current all-time high after the sell-side risk indicator slumped to under the 0.1% level in September.

同樣，在9月的賣方風險指標下降到低於0.1％的水平之後，比特幣價格一直升至目前的歷史最高水平。

If history is anything to go by, the price of Bitcoin could be gearing up for a rebound to a new high from its current lows, as the sell-side risk ratio lies at 0.086%. However, it is worth noting that the market leader’s rebound was sustained by positive catalysts, like the US-based exchange-traded funds (ETFs) in January and the election victory of Donald Trump as US President, in November.

如果歷史記錄有任何努力，則比特幣的價格可能會從目前的低點中獲得反彈，因為賣方風險比率為0.086％。但是，值得注意的是，市場領導者的反彈是由積極的催化劑所維持的，例如一月份的總部位於美國的交易所交易基金（ETF）以及11月的唐納德·特朗普（Donald Trump）作為美國總統的選舉勝利。