|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
在價格大幅調整 10% 之後,比特幣市場已反彈至 63,000 美元的水平,試圖奪回關鍵的短期持有者 (STH) 成本基礎。
Bitcoin price attempts to reclaim a critical cost basis after rebounding from a 10% price correction. The market recovered following one of the steepest one-day sell-offs since the 2022 cycle bottom, despite lower weekend trading volumes.
比特幣價格在從 10% 的價格調整中反彈後,試圖恢復關鍵的成本基礎。儘管週末交易量較低,但市場在經歷 2022 年周期底部以來最嚴重的單日拋售之一後有所復甦。
Bitcoin Price Recovers a Key Cost Basis
比特幣價格恢復關鍵成本基礎
After a significant price correction, the Bitcoin market has rebounded to the $63,000 level. This recovery comes after one of the deepest one-day sell-offs since the 2022 cycle bottom, highlighting the market’s resilience despite lighter weekend trading volumes.
經過大幅價格調整後,比特幣市場已反彈至 63,000 美元的水平。這次復甦是在自 2022 年周期底部以來最嚴重的單日拋售之一之後出現的,凸顯了儘管週末交易量較輕,但市場的彈性。
However, Bitcoin price has managed to rebound from the key support level at $60,000, attempting to reclaim the Short-Term Holder (STH) cost basis of $62,500. This cost basis serves as a critical support/resistance level, indicating the average price at which short-term traders acquired their BTC holdings.
然而,比特幣價格已成功從 60,000 美元的關鍵支撐位反彈,試圖收回 62,500 美元的短期持有者 (STH) 成本基礎。此成本基礎是關鍵的支撐/阻力位,顯示短期交易者購買其持有的 BTC 的平均價格。
As highlighted by Glassnode, the spot price has now crossed above the STH cost basis. This metric captures the cost basis for traders who have held their Bitcoin for less than 150 days on average.
正如 Glassnode 所強調的那樣,現貨價格現已突破 STH 成本基礎。該指標反映了平均持有比特幣時間少於 150 天的交易者的成本基礎。
A failure to maintain this level could put recent buyers under pressure, especially given the challenging conditions of the past few months.
如果無法維持這一水平,可能會給最近的買家帶來壓力,特別是考慮到過去幾個月的充滿挑戰的情況。
Macro Outlook, Key Cost Basis Levels
宏觀展望、關鍵成本基礎水平
On a broader scale, the True Cryptocurrency Market Mean ($47,000) and the Active Investor Price ($52,500) provide insights into the average cost basis for active investors. The spot price has remained above these levels for most of the year, suggesting a robust market with strong demand support during drawdowns.
在更廣泛的範圍內,真實加密貨幣市場平均值(47,000 美元)和活躍投資者價格(52,500 美元)提供了對活躍投資者平均成本基礎的深入了解。今年大部分時間現貨價格都維持在這些水準之上,顯示市場強勁,在回撤期間需求支撐強勁。
The Unspent Transaction Output Realized Price Distribution (URPD) metric further indicates that small price fluctuations can significantly impact investor profitability, given the large cluster of coins at the current price level.
未花費交易輸出已實現價格分佈(URPD)指標進一步表明,考慮到當前價格水平的大量代幣,較小的價格波動可能會嚴重影響投資者的獲利能力。
Futures Speculation, Market Volatility
期貨投機、市場波動
Despite a reduction in long-biased speculation, the futures market shows signs of increasing speculative interest. The directional premium has recently exceeded its +1σ band, indicating a potential return of speculative activity.
儘管多頭投機減少,但期貨市場顯示出投機興趣增加的跡象。定向溢價最近超過了+1σ區間,顯示投機活動可能捲土重來。
A substantial $2.5 billion in futures open interest was closed during the recent rally, suggesting a flushing out of short sellers. However, the market remains susceptible to heightened volatility, which could lead to significant price swings due to deleveraging pressures and liquidations.
在最近的上漲過程中,大量 25 億美元的期貨未平倉合約被平倉,這表明賣空者被淘汰。然而,市場仍然容易受到波動加劇的影響,這可能會因去槓桿化壓力和清算而導致價格大幅波動。
The Bitcoin market’s near-term future hinges on maintaining the STH cost basis. While Short-Term Holders have shown strength, the increasing speculation in futures markets points to potential volatility ahead.
比特幣市場的近期未來取決於維持 STH 成本基礎。儘管短期持有者表現出了實力,但期貨市場投機活動的增加預示著未來潛在的波動。
免責聲明:info@kdj.com
所提供的資訊並非交易建議。 kDJ.com對任何基於本文提供的資訊進行的投資不承擔任何責任。加密貨幣波動性較大,建議您充分研究後謹慎投資!
如果您認為本網站使用的內容侵犯了您的版權,請立即聯絡我們(info@kdj.com),我們將及時刪除。