比特幣（BTC）的價格表現出強勁的向上勢頭，推向了90,000美元的大關

比特幣（BTC）在最近幾天表現出強大的向上勢頭，隨著鯨魚活動和機構利益的加劇，將其推向了90,000美元。

Bitcoin (BTC) showed strong upward momentum in recent days, pushing toward the $90,000 mark as whale activity and institutional interest intensified.

最近幾天，比特幣（BTC）表現出強大的向上勢頭，隨著鯨魚活動和機構利益的加劇，將其推向90,000美元。

Bitcoin had its best weekly performance in over two months, rising 4.24% to reach an intra-day high of $88,804.

比特幣在兩個月內的每週表現最好，上升了4.24％，達到88,804美元的內部高點。

Market watchers noted that this puts the leading cryptocurrency on a path to test the $90,000 threshold.

Technical indicators supported the bullish outlook. BTC reclaimed a position above the daily chart’s 200-day exponential moving average (EMA). A weekly close above $84,600 also increased the likelihood of further gains.

技術指標支持看漲的前景。 BTC收回了高於每日圖表的200天指數移動平均線（EMA）的位置。每週的收盤價高於$ 84,600，也增加了進一步收益的可能性。

Healthy Consolidation

健康的合併

Researcher Axel Adler Jr. suggested that the current price action represents healthy consolidation rather than the beginning of a bear market. According to his analysis of onchain metrics, Bitcoin had not yet entered “overheated” territory in this cycle.

研究員Axel Adler Jr.建議當前的價格行動代表健康的鞏固，而不是熊市的開始。根據他對OnChain指標的分析，比特幣在這個週期中尚未進入“過熱”領域。

Adler noted that Bitcoin’s Investor Price Model, which flashed sell signals twice during 2021, remains positive now. Using Bitcoin’s cumulative value days destroyed (CVDD), he argued that the market remains in a growth stage.

阿德勒（Adler）指出，比特幣的投資者價格模式在2021年兩次閃爍賣出信號，現在仍然是積極的。他使用比特幣的累積價值日被破壞（CVDD），認為市場仍處於增長階段。

Based on these metrics, Adler projects that Bitcoin could climb to $130,000 within 90 days. He does note that seasoned investors might take profits once Bitcoin breaches $123,000, potentially putting downward pressure on the price.

基於這些指標，阿德勒（Adler）項目將在90天內攀升至130,000美元。他確實指出，一旦比特幣違反了123,000美元，經驗豐富的投資者可能會獲利，這可能會給價格下降。

According to data from Velo, Bitcoin’s open interest shot up by over $1.5 billion in a 24-hour period, indicating growing participation in futures markets.

根據Velo的數據，比特幣的開放興趣在24小時內漲幅超過15億美元，這表明參與期貨市場的日益增長。

However, despite this surge in open interest, funding rates remained nearly neutral. This suggests that neither bullish nor bearish traders had taken dominant positions in the market.

但是，儘管開放興趣激增，但資金率仍然幾乎保持中立。這表明看漲和看跌貿易商都沒有在市場上佔據主導地位。

One major Bitcoin whale purchased 2,400 BTC, valued at approximately $200 million, according to Arkham Intelligence. This brings the whale’s total Bitcoin holdings to over 15,000 BTC, amounting to more than $1.3 billion.

根據Arkham Intelligence的數據，一條主要的比特幣鯨購買了2,400 BTC，價值約2億美元。這使鯨魚的總比特幣持有量超過15,000 BTC，總計超過13億美元。

This marks a shift in behavior for the whale, who had been selling Bitcoin throughout 2024 as the market fluctuated between the $100,000 and $86,000 levels.

這標誌著鯨魚的行為轉變，鯨魚在2024年銷售比特幣，因為市場波動在100,000美元至86,000美元之間。

Another previously dormant whale, inactive since 2017, moved 3,000 BTC valued at $250 million on March 22, 2025. Often, such movements by long-term holders precede shifts in the market trend.

自2017年以來，另一個以前的休眠鯨魚不活動，在2025年3月22日搬遷了3,000個BTC，價值2.5億美元。通常，長期持有人的這種運動先於市場趨勢的轉變。

Institutional Interest Surges

機構利益激增

Institutional interest continues to grow. BlackRock (NYSE:BLK), the world’s largest asset manager overseeing $11.6 trillion, acquired 4,054 BTC in just seven days. Their total position now stands at approximately 574,000 BTC, worth more than $50 billion.

機構利益繼續增長。貝萊德（紐約證券交易所：BLK）是全球最大的資產經理，監督了11.6萬億美元，在短短7天內就獲得了4,054 BTC。他們的總職位現在約為574,000 BTC，價值超過500億美元。

From a technical standpoint, Bitcoin is currently testing the upper Bollinger Band alongside a descending resistance line. The price is also oscillating within an ascending channel, suggesting potential for a short-term correction to the $86,000-$87,000 range before breaking through $90,000.

從技術的角度來看，比特幣目前正在測試上布林帶，並沿著下降阻力線進行測試。價格也在上升渠道內振盪，這表明在突破90,000美元之前，短期更正至86,000至87,000美元。

It's worth noting that weekend price rallies, like the one seen on Sunday, March 23rd, often occur with lower trading volume as larger market participants step back until weekdays. This can leave price movements heavily influenced by leveraged trades.

值得注意的是，週末的價格集會，就像3月23日星期日看到的那樣，隨著較大的市場參與者退縮至工作日，經常發生的交易量較低。這可能會使價格變動受槓桿交易的嚴重影響。

This persistent accumulation by whales and institutions is reducing available supply on exchanges, which is likely a factor in the recent 4% price spike. Overall, market sentiment remains optimistic as these large players signal their expectation of Bitcoin’s long-term value appreciation.

鯨魚和機構的這種持續積累正在減少交易所的可用供應，這可能是最近4％的價格飆升的一個因素。總體而言，市場情緒仍然樂觀，因為這些大型參與者表明了他們對比特幣長期價值升值的期望。