比特幣（BTC）長期持有者的拋售減少，這可能很快就會改變市場

當長期持有者（LTH）放慢銷售速度時，通常會導致價格穩定，有時甚至會導致價格成長。讓我們看看為什麼會發生這種情況

As Bitcoin's price continues to hover around 12% below its all-time high, an interesting trend is emerging. Despite the lower price, long-term BTC holders are exhibiting a noticeably slower rate of selling. This phenomenon could have significant implications for Bitcoin's price trajectory.

隨著比特幣的價格繼續徘徊在比歷史高點低 12% 左右的水平，一個有趣的趨勢正在出現。儘管價格較低，但長期比特幣持有者的拋售速度明顯放緩。這種現象可能會對比特幣的價格軌跡產生重大影響。

While the precise reason for this slower selling speed is unclear, it could be related to the broader macroeconomic climate or the individual strategies of these long-term holders. Some might be hesitant to sell due to concerns over inflation or a preference for holding onto their BTC a bit longer to maximize their profits.

雖然銷售速度放緩的確切原因尚不清楚，但可能與更廣泛的宏觀經濟環境或這些長期持有者的個人策略有關。有些人可能會因為擔心通貨膨脹或傾向於持有更長的時間以實現利潤最大化而猶豫是否要出售。

This slower selling speed is evident in the 30-day percent change in LTH supply, a metric that tracks the rate at which long-term Bitcoin holders are buying or selling their coins over a month. When the number increases, it indicates buying by these holders, while a decrease signifies selling. Currently, this measure has stalled, suggesting a slowdown in LTH selling.

這種較慢的銷售速度在 LTH 供應量 30 天百分比變化中顯而易見，該指標追蹤長期比特幣持有者在一個月內買賣其代幣的速度。當數字增加時，表示這些持有者正在買入，而減少則表示他們在賣出。目前，這項措施已陷入停滯，顯示 LTH 銷售放緩。

This metric is crucial because it provides insight into the behavior of long-term holders, whose actions can influence Bitcoin's price. When these holders sell less, it tends to put a floor on BTC's price movements.

這個指標至關重要，因為它可以洞察長期持有者的行為，而長期持有者的行為可能會影響比特幣的價格。當這些持有者賣出較少時，往往會限制比特幣的價格走勢。

In the past, such slowdowns in LTH selling have often preceded periods of price stability or even growth. For instance, during the bull market of 2021, a similar trend emerged, ultimately contributing to Bitcoin's rally to new all-time highs.

過去，LTH 銷售放緩往往先於價格穩定甚至成長時期。例如，在 2021 年的多頭市場期間，出現了類似的趨勢，最終推動比特幣漲至歷史新高。

If the same pattern holds true now, it could bode well for Bitcoin, potentially leading to a stabilization in its price. This, in turn, might attract new buyers seeking to capitalize on favorable market conditions.

如果現在同樣的模式成立，這對比特幣來說可能是個好兆頭，有可能導致其價格穩定。反過來，這可能會吸引尋求利用有利市場條件的新買家。

According to the 30-day percent change in LTH supply, it appears that long-term Bitcoin holders are slowing down their sales, indicating less pressure on BTC's price. When LTHs sell less, it usually leaves room for the market to trend upwards.

根據 LTH 供應量 30 天的百分比變化，長期比特幣持有者似乎正在放慢銷售速度，這表明 BTC 價格壓力較小。當 LTH 銷量減少時，通常會為市場上漲留下空間。

This type of price movement has happened before, and it might happen again. Another good sign is that some investors are moving their BTC off exchanges, which shows they want to hold onto it for a long time instead of selling it soon.

這種類型的價格變動以前發生過，並且可能會再次發生。另一個好跡像是，一些投資者正在將比特幣移出交易所，這表明他們希望長期持有比特幣，而不是很快就會出售。

Based on these observations, it's possible that Bitcoin's price might hold steady or even increase in the coming period. This could mark the beginning of a stronger recovery for the world's leading cryptocurrency. However, given the inherently volatile nature of the crypto market, it's essential to note that future price movements remain uncertain and subject to various factors. Investors are advised to monitor these trends closely and proceed with谨慎 and informed decision-making.

根據這些觀察，比特幣的價格可能在未來一段時間內保持穩定甚至上漲。這可能標誌著世界領先的加密貨幣更強勁復甦的開始。然而，鑑於加密貨幣市場固有的波動性，必須注意未來的價格走勢仍然不確定，並受到各種因素的影響。建議投資者密切注意這些趨勢，並做出明智的決策。