比特幣鯨魚正在移動，市場正在密切關注

比特幣繼續努力攻克 10 萬美元的心理里程碑，但在從歷史高點回撤後未能突破這一關鍵阻力位。

Bitcoin continues to grapple with the psychological $100,000 milestone, failing to break above this critical resistance after a retrace from all-time highs. This prolonged stagnation has sparked discussions about a potential correction or deeper retrace as the market awaits confirmation of Bitcoin’s next major move. Both analysts and investors are closely monitoring the situation, eager to discern whether the cryptocurrency will rally to new heights or succumb to selling pressure.

比特幣繼續努力攻克 10 萬美元的心理里程碑，但在從歷史高點回撤後未能突破這一關鍵阻力位。隨著市場等待比特幣下一步重大走勢的確認，這種長期停滯引發了潛在修正或更深層回調的討論。分析師和投資者都在密切關注事態發展，渴望了解加密貨幣是否會反彈至新的高度或屈服於拋售壓力。

Adding fuel to these concerns, renowned analyst Maartunn recently highlighted alarming on-chain activity. Over 8,000 BTC, aged between five and seven years, have moved on-chain, raising questions about long-term holders’ intentions. Historically, such movements have often preceded market shifts, with increased selling pressure signaling potential weakness.

著名分析師 Maartunn 最近強調了令人擔憂的鏈上活動，這加劇了這些擔憂。超過 8,000 個 BTC（年齡在 5 到 7 年之間）已經轉移到鏈上，這引發了人們對長期持有者意圖的質疑。從歷史上看，此類走勢往往先於市場變化，拋售壓力增加預示著潛在的疲軟。

The activity from these seasoned wallets could reflect fading confidence or profit-taking, keeping Bitcoin subdued under the $100K threshold. While bulls and bears remain locked in a battle for dominance, this significant metric underscores the growing uncertainty. As Bitcoin’s trajectory hangs in the balance, market participants brace for clarity on whether this pivotal level will eventually transform into solid support—or mark the start of a downward correction.

這些經驗豐富的錢包的活動可能反映出信心減弱或獲利回吐，使比特幣保持在 10 萬美元以下。儘管多頭和空頭仍在爭奪主導地位，但這項重要指標凸顯了日益增長的不確定性。由於比特幣的走勢懸而未決，市場參與者需要明確這個關鍵水平是否最終會轉變為堅實的支撐，或者標誌著向下修正的開始。

Since early December, Bitcoin has entered a prolonged consolidation phase, struggling to establish clear momentum in either direction. Recent on-chain data suggests that whale activity is playing a pivotal role in keeping the price suppressed. According to top analyst Maartunn, a familiar entity—an old Bitcoin whale—has resurfaced, making significant moves that could influence the market’s trajectory.

自 12 月初以來，比特幣進入了漫長的盤整階段，努力在任何方向上建立明顯的勢頭。最近的鏈上數據表明，鯨魚活動在抑制價格方面發揮關鍵作用。根據頂級分析師 Maartunn 的說法，一個熟悉的實體——一隻古老的比特幣鯨魚——已經重新出現，並做出了可能影響市場軌蹟的重大舉措。

Maartunn emphasizes that the movement of more than 8,000 BTC echoes a pattern seen just 10 days ago. At that time, the same whale reportedly shifted more than 72,000 BTC in total since the consolidation phase began. This whale, often referred to as “smart money,” has been active like never before, signaling strategic positioning rather than impulsive selling.

Maartunn 強調，超過 8,000 BTC 的走勢與 10 天前的模式相呼應。據報道，自整合階段開始以來，同一頭鯨魚總共轉移了超過 72,000 個 BTC。這只通常被稱為「聰明錢」的鯨魚前所未有地活躍，表明了戰略定位而不是衝動拋售。

The implications of this activity are profound. As long as this whale continues to offload BTC, the selling pressure could hold Bitcoin below key psychological levels, extending the current consolidation period for a few more weeks. However, this accumulation and redistribution phase could set the stage for a massive rally once the activity subsides.

這項活動的影響是深遠的。只要這隻鯨魚繼續拋售比特幣，拋售壓力就可能使比特幣低於關鍵心理水平，從而將當前的盤整期再延長幾週。然而，一旦活動消退，這種累積和重新分配階段可能會為大規模反彈奠定基礎。

Analysts interpret this as a period of preparation by seasoned market participants, suggesting that when the dust settles, Bitcoin might experience a powerful upward breakout.

分析師將其解讀為經驗豐富的市場參與者的準備期，這表明當塵埃落定後，比特幣可能會經歷強勁的向上突破。

Bitcoin is currently trading at $95,000 after managing to hold above the critical $92,000 support level. Despite bears maintaining control over the market in recent weeks, they have been unable to break through the key demand zones at $92,000 and $90,000. These levels have acted as a strong base, preventing further downside and signaling resilience among buyers.

比特幣在設法保持在 92,000 美元的關鍵支撐位之上後，目前交易價格為 95,000 美元。儘管空頭最近幾週保持對市場的控制，但他們未能突破 92,000 美元和 90,000 美元的關鍵需求區域。這些水平充當了堅實的基礎，防止了進一步的下跌，並表明買家的韌性。

If Bitcoin continues to defend these crucial levels, it could pave the way for a swift challenge to its all-time high (ATH). Holding above $92,000 would reinforce bullish sentiment and attract renewed interest from traders and institutional investors eyeing the psychological $100,000 milestone.

如果比特幣繼續守住這些關鍵水平，它可能會為迅速挑戰其歷史高點（ATH）鋪平道路。維持在 92,000 美元之上將增強看漲情緒，並吸引交易員和機構投資者重新燃起興趣，關注 10 萬美元的心理里程碑。

However, the path ahead is far from guaranteed. A failed attempt to reclaim $100,000 could signal exhaustion among buyers, potentially triggering a deeper correction. Such a scenario might see Bitcoin revisiting lower support zones as market participants reassess their strategies.

然而，前進的道路還遠未確定。收回 100,000 美元的嘗試失敗可能表明買家精疲力盡，從而可能引發更深的調整。在這種情況下，隨著市場參與者重新評估他們的策略，比特幣可能會重新回到較低的支撐區域。

The coming weeks will be critical for Bitcoin’s trajectory. Whether it rallies to new heights or faces a significant retrace will depend on its ability to hold key levels and overcome the psychological barriers that have kept it below $100K. Investors are watching closely, anticipating Bitcoin’s next decisive move.

未來幾週對於比特幣的發展軌跡至關重要。其是否反彈至新高度或面臨大幅回調，將取決於其能否守住關鍵水平並克服使其低於 10 萬美元的心理障礙。投資者正在密切關注，期待比特幣的下一步決定性舉動。