比特幣（BTC）實現了BANT上限的到達$ 872B的新ATH，但鏈度指標表明缺乏熱情

比特幣（BTC）實現了市值達到了8.72億美元的新高高，但來自GlassNode的數據反映了投資者對BTC當前價格水平的熱情。

Bitcoin (BTC) investors appear to be lacking enthusiasm at the cryptocurrency’s current price levels despite realized market cap hitting a new all-time high of $872 billion, according to analytics platform Glassnode.

根據Analytics Platform Glassnode的數據，儘管實現市值達到了8720億美元的新歷史最高點，但比特幣（BTC）投資者似乎對加密貨幣目前的價格水平缺乏熱情。

In a recent X post, the analytics platform noted that despite the realized cap milestone, the monthly growth rate of the metric dropped to 0.9% month-over-month by November 12, which implied a risk-off sentiment in the market.

在最近的X帖子中，分析平台指出，儘管實現了上限里程碑，但該指標的月度增長率在11月12日到11月12日降至每月0.9％，這暗示著市場上的風險情緒。

Realized cap measures the total value of all Bitcoin (BTC) at the price they last moved, reflecting the actual capital invested and providing insight into Bitcoin’s economic activity. A slowing growth rate highlights a positive but reduced capital inflow, suggesting fewer new investors or less activity from current holders.

實現的CAP可以以其上次提出的價格來衡量所有比特幣（BTC）的總價值，這反映了實際投資的實際資本，並提供了對比特幣經濟活動的見解。增長率放緩突出了積極但減少的資本流入，這表明當前持有人的新投資者更少或更少的活動。

Moreover, Glassnode’s realized profit and loss chart recently exhibited a sharp decline of 40%, which signals high profit-taking or loss realization. The data platform explained, “Investors either used a portion of their crypto gains to diversify into other asset classes or booked part or all of their realized profit in the past 24 hours.”

此外，格拉斯諾德（Glassnode）實現的利潤和損失圖最近顯示出40％的急劇下降，這標誌著高利潤或損失實現。數據平台解釋說：“投資者要么使用其加密貨幣的一部分收益來多樣化到其他資產類別，要么在過去24小時內預訂的一部分或全部已實現的利潤。”

While new investors remained sidelined, existing investors are adopting a cautious approach due to the short-term holder’s realized price. Data from CryptoQuant suggested that the current short-term realized price is $91,600. With BTC currently consolidating below the threshold, it implies short-term holders are underwater, which can increase selling pressure if they sell to cut their losses.

儘管新的投資者仍然遙不可及，但由於短期持有人的實現價格，現有投資者正在採取謹慎的方法。來自CryptoFant的數據表明，當前的短期實現價格為91,600美元。由於BTC目前的合併低於閾值，這意味著短期持有人處於水下，如果賣出損失損失，這可能會增加銷售壓力。

Similarly, Bitcoin’s short-term holder market value to realized value remained below 1, a level historically associated with buying opportunities and further proof that short-term holders are at a loss.

同樣，比特幣對已實現價值的短期持有人的市場價值仍然低於1，這是與購買機會有關的水平，並進一步證明了短期持有人有虧損。

Coinbase premium spikes as US traders show strengthAfter a period of decline, the Kimchi premium index fell further during the correction, lagging retail engagement among Korea-based traders.

Coinbase Premium Spikes隨著美國貿易商表現出一段衰落的強度，Kimchi Premium指數在更正期間進一步下降，韓國貿易商之間的零售落後。

This particular uneven demand is reflected in Bitcoin’s recent price action. The chart shows that Bitcoin’s price has oscillated in a tight range of $85,440-$82,750 since April 11. On the 4-hour chart, BTC has retained support from the 50-day, 100-day, and 200-day moving averages, but on the 1-day chart, these indicators are putting resistance on the bullish structure.

比特幣最近的價格行動反映了這種特殊的不平衡需求。該圖表顯示，比特幣的價格在4月11日以來的緊密範圍為85,440- $ 82,750。在4小時的圖表上，BTC保留了50天，100天和200天的移動平均值的支持，但是在1天的圖表上，這些指示器對Lullish結構進行了抵抗。