比特幣（BTC）的價格顯示了本月更正後穩定的跡象

比特幣在本月較早的更正後顯示出穩定的跡象，資產降至低至74,000美元。

Bitcoin (BTC) has shown signs of stabilization in recent trading, following an earlier correction that saw the asset fall to as low as $74,000 this month.

比特幣（BTC）在最近的交易中顯示出穩定的跡象，此前進行了較早的更正，該資產本月的資產下降到低至74,000美元。

Over the past week, Bitcoin has rebounded strongly, gaining nearly 10% and trading above $84,000. This upward movement has reignited optimism among investors, although some analysts remain cautious about calling this a definitive trend reversal.

在過去的一周中，比特幣的反彈強勁，增長了近10％，交易超過84,000美元。這種向上的移動使投資者的樂觀情緒重新激發了，儘管一些分析師仍然謹慎地將其稱為明確的趨勢逆轉。

Apparent Demand Shows Recovery, But Trend Reversal Uncertain

明顯的需求顯示恢復，但趨勢逆轉不確定

According to recent on-chain data, the current recovery in BTC may be linked to improving demand indicators. However, it is suggested that the broader market structure still needs to confirm whether this bounce reflects a sustainable rally or is merely a temporary pause in the ongoing correction.

根據最近的鏈上數據，BTC中當前的回收率可能與改善需求指標有關。但是，建議更廣泛的市場結構仍然需要確認這種反彈是否反映了可持續的集會，還是僅僅是持續糾正中的暫時停頓。

CryptoQuant contributor Kripto Mevsimi particularly drew attention to Bitcoin’s Apparent Demand metric, specifically the 30-day sum, which has started to rebound from negative territory.

加密貢獻者Kripto Mevsimi特別引起了比特幣明顯的需求指標，特別是30天的總和，該指標已開始從負面領域反彈。

This trend is being observed as a potential sign of changing market dynamics. However, Mevsimi warns against assuming this is the start of a new bullish cycle, drawing parallels to Bitcoin’s behavior during the latter part of the 2021 cycle.

這種趨勢被視為改變市場動態的潛在跡象。但是，Mevsimi警告不要假設這是一個新的看漲週期的開始，在2021年周期的後半部分中與比特幣的行為相似。

During that period, demand remained suppressed for an extended timeframe, even as prices temporarily recovered. Only after a long consolidation phase did the market experience a genuine structural shift.

在此期間，即使價格暫時收回，需求仍被壓制。只有在漫長的整合階段之後，市場才經歷了真正的結構性轉變。

Mevsimi highlights that although momentum may be improving, more time and confirmation are necessary before a macro-level trend reversal can be confirmed.

Mevsimi強調，儘管動量可能正在改善，但在確認宏觀趨勢逆轉之前，需要更多的時間和確認。

Bitcoin Short-Term Holder Selling Pressure Declines on Binance

比特幣短期持有人出售壓力下降了二手

Another market signal worth watching comes from Binance, one of the largest crypto exchanges by trading volume. CryptoQuant analyst Darkfost reports that inflows of Bitcoin from short-term holders (STHs) to Binance have been steadily decreasing, suggesting a decline in immediate selling pressure.

值得一看的另一個市場信號來自Binance，這是交易量最大的加密貨幣交易所之一。隱秘分析師DarkFost報告稱，從短期持有人（STH）到二手幣的比特幣流入一直在穩步下降，這表明立即銷售壓力的下降。

The data indicates that average realized prices for STHs currently hover around $92,800, meaning many recent sellers have exited at a loss.

數據表明，目前懸停在92,800美元左右的STH的平均實現價格，這意味著許多近期賣家已經退出了虧損。

Darkfost notes that inflows from STHs dropped from approximately 17,000 BTC in November to around 9,000 BTC more recently. This downtrend in selling could provide some support for Bitcoin’s current price levels.

DarkFost指出，STH的流入從11月的大約17,000 BTC下降到了大約9,000 BTC。銷售的這種下降趨勢可以為比特幣目前的價格水平提供一些支持。

Still, the analyst emphasizes the need for continued monitoring to determine if this reduction in selling pressure persists. The easing of short-term holder activity could reduce overhead resistance and contribute to market stability, but confirmation of accumulation or a broader bullish phase remains elusive.

儘管如此，分析師仍強調需要繼續監視以確定銷售壓力的這種降低是否仍然存在。緩解短期持有人活動的放鬆可以降低間接費用的抵抗力並有助於市場穩定性，但是確認積累或更廣泛的看漲階段仍然難以捉摸。

STH selling pressure declining on Binance

STH賣壓力下降了binance

Tracking BTC inflows on Binance is a useful way to visualize potential selling pressure, as the exchange handles large trading volumes.

跟踪BTC流入對融資是一種可視化潛在銷售壓力的有用方法，因為交換會處理大型交易量。

Short Term Holders have been under considerable stress recently, with many ending up selling at a loss.

短期持有人最近受到了很大的壓力，許多人最終銷售損失。

As of late, we can observe a decrease in STH inflows to Binance.

迄今為止，我們可以觀察到STH流入到二元的下降。

This suggests that the immediate selling pressure might be easing a bit.

這表明即時銷售壓力可能會有所緩解。

Average realized prices for STHs are currently around $92,800, indicating that many recent sellers have realized losses.

目前，STH的平均實現價格約為92,800美元，這表明許多近期賣家已經意識到了損失。

As of November, average STH inflow was around 17,000 BTC, while recently it dropped to about 9,000 BTC.

截至11月，平均STH流入量約為17,000 BTC，而最近下降到約9,000 BTC。

This downtrend in selling could support the current Bitcoin price action.

銷售的下降趨勢可以支持當前的比特幣價格行動。

However, it's still too early to confirm any trend reversal on a macro level, as more time and confirmation are needed.

但是，由於需要更多的時間和確認，現在要在宏觀水平上確認任何趨勢逆轉還為時過早。

It will be interesting to see if this reduction in selling pressure persists and if it could be linked to the recent price bounce.

有趣的是，銷售壓力的降低是否持續存在，以及是否可以與最近的價格反彈有關。

The decrease in short-term holder activity could help reduce overhead resistance and contribute to market stability. But it's important to remember that this doesn't necessarily confirm any accumulation or broader bullish phase.

短期持有人活動的減少可以幫助降低間接費用的抵抗力並有助於市場穩定。但是，重要的是要記住，這並不一定會證實任何積累或更廣泛的看漲階段。